SHA:600863 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,471	709.33	1,595	974.37	778.35	294.92
Accounts Receivable	4,403	4,726	4,369	4,189	3,762	2,734
Other Receivables	206.61	354.4	537.7	497.28	547.38	114.86
Inventory	471.89	555.4	304.33	522.58	590.16	372.06
Prepaid Expenses	-	0.36	0.36	2.14	2.76	0.4
Other Current Assets	621.34	182.44	184.04	495.55	48.1	426.38
Total Current Assets	7,174	6,528	6,990	6,681	5,729	3,942
Property, Plant & Equipment	23,977	24,060	23,902	25,102	27,593	29,735
Goodwill	47	47	75.4	75.4	75.4	75.4
Other Intangible Assets	4,090	4,167	4,298	4,384	4,208	4,397
Long-Term Investments	3,700	3,410	3,118	2,854	2,586	3,063
Long-Term Deferred Tax Assets	163.73	162.21	131.42	124.12	107.79	137.84
Long-Term Deferred Charges	496.45	652.42	478.05	757.21	844.83	950.39
Other Long-Term Assets	1,144	851.92	486.19	209.01	406.54	556.48
Total Assets	40,791	39,878	39,479	40,187	41,551	42,857
Accounts Payable	1,355	1,231	1,414	2,252	1,925	1,859
Accrued Expenses	363.49	894.09	847.7	845.71	1,157	604.05
Short-Term Debt	2,213	3,313	475.26	1,673	2,197	2,583
Current Portion of Long-Term Debt	2,887	1,994	2,035	2,545	3,059	2,686
Current Unearned Revenue	129.96	79.04	77.05	45.46	69.41	65.46
Current Portion of Leases	-	21.04	7.6	24.48	21.01	-
Current Income Taxes Payable	233.58	44.7	70.9	118.63	210.16	45.48
Other Current Liabilities	1,743	1,388	1,241	1,325	1,577	2,722
Total Current Liabilities	8,925	8,965	6,168	8,829	10,216	10,565
Long-Term Debt	5,848	6,692	9,612	10,478	11,919	13,937
Long-Term Leases	20.82	19.08	1.56	3.86	22.75	-
Long-Term Unearned Revenue	134.31	137.88	155.98	170.22	161.85	184.52
Long-Term Deferred Tax Liabilities	154.22	139.48	107.21	77.56	6.78	-
Other Long-Term Liabilities	509.55	347.53	128.89	1.09	1.09	1.09
Total Liabilities	15,592	16,301	16,174	19,560	22,327	24,687
Common Stock	6,527	6,527	6,527	6,527	6,527	5,809
Additional Paid-In Capital	1,700	1,696	1,574	1,572	1,581	174.51
Retained Earnings	8,345	7,609	6,589	5,767	4,746	5,116
Comprehensive Income & Other	2,257	2,066	3,633	3,560	3,343	3,769
Total Common Equity	18,829	17,898	18,322	17,426	16,197	14,869
Minority Interest	6,369	5,679	4,982	3,200	3,027	3,302
Shareholders' Equity	25,199	23,577	23,305	20,626	19,224	18,170
Total Liabilities & Equity	40,791	39,878	39,479	40,187	41,551	42,857
Total Debt	10,969	12,040	12,132	14,724	17,218	19,205
Net Cash (Debt)	-9,499	-11,331	-10,537	-13,750	-16,440	-18,911
Net Cash Per Share	-1.46	-1.73	-1.62	-2.09	-2.75	-2.74
Filing Date Shares Outstanding	6,527	6,527	6,527	6,527	6,527	5,809
Total Common Shares Outstanding	6,527	6,527	6,527	6,527	6,527	5,809
Working Capital	-1,751	-2,436	821.72	-2,149	-4,487	-6,623
Book Value Per Share	2.66	2.51	2.35	2.21	2.02	2.56
Tangible Book Value	14,692	13,684	13,949	12,966	11,914	10,396
Tangible Book Value Per Share	2.02	1.87	1.68	1.53	1.37	1.79
Land	-	6.41	6.41	6.41	-	6.41
Buildings	-	13,810	13,571	13,562	-	13,384
Machinery	-	49,889	48,471	48,549	-	45,631
Construction In Progress	-	2,403	1,954	577.88	-	3,305

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