SHA:600795 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	15,821	15,437	19,166	21,638	11,765
Accounts Receivable	27,019	30,347	23,855	22,304	22,152
Other Receivables	1,517	1,240	2,662	2,829	3,196
Inventory	5,929	6,148	4,976	6,134	7,254
Loans Receivable Current	-	-	-	162.67	493.09
Other Current Assets	8,636	9,789	8,055	7,708	7,858
Total Current Assets	58,923	62,962	58,713	60,776	52,719
Property, Plant & Equipment	419,566	388,590	363,437	322,749	313,804
Goodwill	862.03	875.57	837.82	1,156	1,358
Other Intangible Assets	7,646	7,034	10,122	9,697	9,395
Long-Term Investments	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	880.11	989.64	858.43	725.02	779.5
Long-Term Deferred Charges	2,037	1,833	2,077	1,687	648.03
Long-Term Accounts Receivable	-	-	-	10.5	23.5
Other Long-Term Assets	10,106	12,866	4,256	2,815	3,136
Total Assets	520,152	493,936	457,899	414,919	398,062
Accounts Payable	38,122	15,335	14,227	17,290	11,831
Accrued Expenses	3,678	7,288	8,741	8,646	13,603
Short-Term Debt	32,409	30,614	54,015	48,115	45,446
Current Portion of Long-Term Debt	-	29,853	33,954	22,765	25,404
Current Unearned Revenue	956.63	865.34	814.69	933.39	808.06
Current Portion of Leases	-	4,042	5,461	1,699	1,977
Current Income Taxes Payable	-	1,118	1,017	1,011	667.66
Other Current Liabilities	65,679	36,784	24,790	21,304	25,494
Total Current Liabilities	140,844	125,901	143,020	121,762	125,231
Long-Term Debt	213,252	223,560	183,130	171,533	152,969
Long-Term Leases	13,194	11,457	9,512	6,097	6,627
Long-Term Unearned Revenue	830.97	893.88	973.4	1,052	1,119
Pension & Post-Retirement Benefits	-	130.28	133.8	146.29	-
Long-Term Deferred Tax Liabilities	485.07	475.22	529.43	509.42	422.04
Other Long-Term Liabilities	13,432	154.69	1,174	3,398	368.11
Total Liabilities	382,038	362,572	338,473	304,498	286,736
Common Stock	17,836	17,836	17,836	17,836	17,836
Additional Paid-In Capital	968.55	934.33	980.2	683.84	1,393
Retained Earnings	38,661	35,245	28,127	25,248	22,925
Comprehensive Income & Other	2,006	2,020	1,819	1,396	3,762
Total Common Equity	59,471	56,034	48,762	45,163	45,914
Minority Interest	78,643	75,331	70,664	65,258	65,411
Shareholders' Equity	138,114	131,365	119,427	110,422	111,325
Total Liabilities & Equity	520,152	493,936	457,899	414,919	398,062
Total Debt	258,854	299,526	286,072	250,208	232,423
Net Cash (Debt)	-243,033	-284,090	-266,906	-228,570	-220,658
Net Cash Per Share	-13.64	-15.92	-14.94	-12.48	-13.11
Filing Date Shares Outstanding	17,757	17,836	17,836	17,836	17,836
Total Common Shares Outstanding	17,757	17,836	17,836	17,836	17,836
Working Capital	-81,921	-62,939	-84,307	-60,986	-72,513
Book Value Per Share	3.35	3.14	2.73	2.53	2.46
Tangible Book Value	50,963	48,125	37,803	34,311	35,162
Tangible Book Value Per Share	2.87	2.70	2.12	1.92	1.86
Buildings	-	190,383	190,212	185,348	186,339
Machinery	-	365,966	333,809	311,818	311,953
Construction In Progress	-	90,309	89,309	61,282	45,858

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.