SHA:600864 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	9,590	7,936	6,442	6,948	6,869	7,450
Short-Term Investments	-	61.07	-	301.47	-	170.03
Trading Asset Securities	18,618	15,692	17,415	9,896	13,965	10,733
Accounts Receivable	534.28	231.77	618.78	577.23	423.78	273.85
Other Receivables	401.8	426.99	313.98	202.23	422.63	153.95
Inventory	403.24	343.44	296.6	339.04	368.9	246.87
Loans Receivable Current	7,030	6,365	5,160	6,025	5,563	6,912
Other Current Assets	3,335	3,856	2,049	1,545	1,693	2,294
Total Current Assets	39,912	34,912	32,295	25,833	29,305	28,233
Property, Plant & Equipment	3,532	3,628	3,443	3,500	3,188	3,048
Goodwill	4.31	4.31	4.31	4.31	4.31	4.31
Other Intangible Assets	328.59	344.47	353.35	341.9	274.96	269.1
Long-Term Investments	2,366	3,548	2,321	3,979	3,582	2,912
Long-Term Deferred Tax Assets	709.87	712.02	727.36	780.65	489.52	454.92
Long-Term Deferred Charges	55.05	57.47	61	64.79	69.68	63.09
Other Long-Term Assets	192.72	200.6	196.63	156.23	162.41	138.69
Total Assets	47,101	43,406	39,401	34,660	37,076	35,123
Accounts Payable	733.74	698.49	597.92	567.06	419.71	371.9
Accrued Expenses	10,682	8,762	5,844	6,183	6,480	6,559
Short-Term Debt	15,261	13,569	12,104	7,389	7,286	4,319
Current Portion of Long-Term Debt	825.49	3,236	1,837	3,094	4,101	1,387
Current Unearned Revenue	255.17	703.18	709.3	680.42	688.4	704.03
Current Portion of Leases	-	21.93	24.58	22.61	27.04	7.36
Current Income Taxes Payable	86.33	0.02	0.13	0.13	0.41	76.54
Other Current Liabilities	254.98	105.03	109.65	106.38	97.15	199.26
Total Current Liabilities	28,099	27,096	21,226	18,043	19,100	13,624
Long-Term Debt	4,699	2,104	4,281	3,174	3,241	6,269
Long-Term Leases	19.08	14.23	30.23	39.98	20.42	64.4
Long-Term Unearned Revenue	407.26	405.86	458.78	466.2	415.53	263.11
Pension & Post-Retirement Benefits	98.63	92.36	85.59	66.93	63.11	57.26
Long-Term Deferred Tax Liabilities	358.84	387.55	340.02	251.5	439.4	530.3
Other Long-Term Liabilities	311.46	522.1	588.73	567.86	430.08	439.32
Total Liabilities	33,993	30,622	27,011	22,609	23,709	21,247
Common Stock	2,081	2,081	2,081	2,081	2,081	2,081
Additional Paid-In Capital	7,550	7,550	7,550	7,586	7,518	7,705
Retained Earnings	2,708	2,268	1,925	1,760	2,809	2,634
Comprehensive Income & Other	899.3	971.37	860.36	583.55	855.48	1,342
Total Common Equity	13,238	12,870	12,417	12,010	13,263	13,761
Minority Interest	-130.08	-85.19	-26.13	40.87	104.38	114.61
Shareholders' Equity	13,108	12,785	12,390	12,051	13,367	13,876
Total Liabilities & Equity	47,101	43,406	39,401	34,660	37,076	35,123
Total Debt	20,805	18,945	18,277	13,720	14,675	12,046
Net Cash (Debt)	7,403	4,744	5,580	3,425	6,158	6,306
Net Cash Growth	-9.63%	-14.99%	62.93%	-44.39%	-2.34%	51.36%
Net Cash Per Share	3.40	2.22	2.70	1.59	2.85	3.06
Filing Date Shares Outstanding	2,081	2,081	2,081	2,081	2,081	2,081
Total Common Shares Outstanding	2,081	2,081	2,081	2,081	2,081	2,081
Working Capital	11,813	7,816	11,069	7,790	10,205	14,609
Book Value Per Share	6.36	6.19	5.97	5.77	6.37	6.61
Tangible Book Value	12,905	12,521	12,059	11,664	12,983	13,488
Tangible Book Value Per Share	6.20	6.02	5.80	5.61	6.24	6.48
Buildings	-	1,578	1,562	1,614	1,610	1,516
Machinery	-	4,978	4,717	316.6	4,103	3,889
Construction In Progress	-	216.4	38.04	41.81	18.32	19.51

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