SHA:600795 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	15,311	15,821	15,437	19,166	21,638	11,765
Accounts Receivable	27,898	27,019	30,181	23,855	22,304	22,152
Other Receivables	1,351	1,517	1,240	2,662	2,829	3,196
Inventory	4,249	5,929	6,148	4,976	6,134	7,254
Prepaid Expenses	-	224.75	152.13	-	-	-
Loans Receivable Current	31.4	31.4	-	-	162.67	493.09
Other Current Assets	9,962	8,380	9,637	8,055	7,708	7,858
Total Current Assets	58,803	58,923	62,795	58,713	60,776	52,719
Property, Plant & Equipment	419,563	419,500	388,590	363,437	322,749	313,804
Goodwill	862.03	862.03	875.57	837.82	1,156	1,358
Other Intangible Assets	7,869	7,646	7,034	10,122	9,697	9,395
Long-Term Investments	20,643	20,132	18,755	17,504	15,146	16,042
Long-Term Loans Receivable	-	-	31.4	94.2	157	157
Long-Term Deferred Tax Assets	854.01	880.11	989.64	858.43	725.02	779.5
Long-Term Deferred Charges	2,168	2,037	1,833	2,077	1,687	648.03
Long-Term Accounts Receivable	-	-	166.48	-	10.5	23.5
Other Long-Term Assets	11,592	10,173	12,866	4,256	2,815	3,136
Total Assets	522,355	520,152	493,936	457,899	414,919	398,062
Accounts Payable	35,872	19,307	15,335	14,227	17,290	11,831
Accrued Expenses	2,173	6,787	7,288	8,741	8,646	13,603
Short-Term Debt	28,985	38,942	30,614	54,015	48,115	45,446
Current Portion of Long-Term Debt	39,543	34,830	29,853	33,954	22,765	25,404
Current Unearned Revenue	572.01	956.63	865.34	814.69	933.39	808.06
Current Portion of Leases	-	3,679	4,042	5,461	1,699	1,977
Current Income Taxes Payable	1,970	1,047	1,118	1,017	1,011	667.66
Other Current Liabilities	31,380	35,297	36,784	24,790	21,304	25,494
Total Current Liabilities	140,495	140,844	125,901	143,020	121,762	125,231
Long-Term Debt	225,219	226,471	223,560	183,130	171,533	152,969
Long-Term Leases	14,049	13,190	11,457	9,512	6,097	6,627
Long-Term Unearned Revenue	802.05	830.97	893.88	973.4	1,052	1,119
Pension & Post-Retirement Benefits	-	121.5	130.28	133.8	146.29	-
Long-Term Deferred Tax Liabilities	592.2	485.07	475.22	529.43	509.42	422.04
Other Long-Term Liabilities	213.12	95.42	154.69	1,174	3,398	368.11
Total Liabilities	381,370	382,038	362,572	338,473	304,498	286,736
Common Stock	17,836	17,836	17,836	17,836	17,836	17,836
Additional Paid-In Capital	898.54	968.55	934.33	980.2	683.84	1,393
Retained Earnings	40,020	38,661	35,245	28,127	25,248	22,925
Comprehensive Income & Other	2,329	2,006	2,020	1,819	1,396	3,762
Total Common Equity	61,082	59,471	56,034	48,762	45,163	45,914
Minority Interest	79,902	78,643	75,331	70,664	65,258	65,411
Shareholders' Equity	140,985	138,114	131,365	119,427	110,422	111,325
Total Liabilities & Equity	522,355	520,152	493,936	457,899	414,919	398,062
Total Debt	307,796	317,111	299,526	286,072	250,208	232,423
Net Cash (Debt)	-292,485	-301,290	-284,090	-266,906	-228,570	-220,658
Net Cash Per Share	-16.38	-16.91	-15.92	-14.94	-12.48	-13.11
Filing Date Shares Outstanding	17,836	17,836	17,836	17,836	17,836	17,836
Total Common Shares Outstanding	17,836	17,836	17,836	17,836	17,836	17,836
Working Capital	-81,692	-81,921	-63,106	-84,307	-60,986	-72,513
Book Value Per Share	3.42	3.33	3.14	2.73	2.53	2.46
Tangible Book Value	52,351	50,963	48,125	37,803	34,311	35,162
Tangible Book Value Per Share	2.94	2.86	2.70	2.12	1.92	1.86
Buildings	-	199,886	190,383	190,212	185,348	186,339
Machinery	-	412,909	365,966	333,809	311,818	311,953
Construction In Progress	-	81,838	90,309	89,309	61,282	45,858

Source: S&P Global Market Intelligence. Utility template. Financial Sources.