China Yangtze Power 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	8,036	4,586	6,573	7,824	10,638	9,930
Accounts Receivable	8,560	7,252	9,327	8,526	15,228	3,769
Other Receivables	197.56	344.77	323	417.87	347.82	634.08
Inventory	840.65	836.6	641.98	586.55	567.39	470.03
Prepaid Expenses	-	-	-	-	-	5.64
Loans Receivable Current	-	-	-	156.73	102	168.9
Other Current Assets	692.48	769.2	343.11	234.48	206.19	2,946
Total Current Assets	18,326	13,788	17,207	17,745	27,089	17,923
Property, Plant & Equipment	429,972	433,145	440,718	451,237	454,150	222,227
Goodwill	1,096	1,117	1,153	1,136	1,081	987.25
Other Intangible Assets	24,543	25,025	25,459	23,782	22,219	20,181
Long-Term Investments	85,631	83,888	80,131	77,671	73,124	66,811
Long-Term Deferred Tax Assets	717.54	726.87	654.53	540.88	273.57	241.97
Long-Term Deferred Charges	205.98	210.84	259.15	255.58	316.53	47.62
Other Long-Term Assets	1,498	1,308	1,003	572.07	200.1	143.33
Total Assets	561,991	559,208	566,585	572,939	578,454	328,563
Accounts Payable	1,454	1,469	1,620	1,516	1,005	693.93
Accrued Expenses	456.44	6,585	7,111	7,544	3,320	3,957
Short-Term Debt	18,871	17,946	72,101	55,701	29,982	16,818
Current Portion of Long-Term Debt	77,502	70,097	46,749	46,115	24,473	17,388
Current Unearned Revenue	157.95	181.19	265.51	14.93	8.76	13.39
Current Portion of Leases	-	107.79	110.69	101.8	84.73	52.3
Current Income Taxes Payable	2,767	713	1,089	819.64	499.67	1,942
Other Current Liabilities	20,392	21,841	30,668	32,480	32,378	12,542
Total Current Liabilities	121,601	118,940	159,713	144,293	91,751	53,406
Long-Term Debt	195,526	202,092	180,557	212,843	227,867	70,441
Long-Term Leases	503.46	508.98	582.9	592.02	621	639.18
Long-Term Unearned Revenue	25.75	22.84	20.18	11.62	8.18	5.9
Long-Term Deferred Tax Liabilities	4,395	4,159	3,492	2,602	2,138	1,931
Other Long-Term Liabilities	121.43	125.83	136	56.72	50.64	11,851
Total Liabilities	322,173	325,848	344,501	360,398	322,436	138,275
Common Stock	24,468	24,468	24,468	24,468	22,742	22,742
Additional Paid-In Capital	63,548	63,549	63,778	63,608	96,299	56,915
Retained Earnings	136,567	129,806	118,780	111,373	106,843	101,088
Comprehensive Income & Other	3,320	3,515	3,323	2,004	1,788	318.92
Total Common Equity	227,904	221,338	210,349	201,453	227,673	181,064
Minority Interest	11,914	12,023	11,735	11,087	28,345	9,224
Shareholders' Equity	239,818	233,361	222,084	212,541	256,017	190,288
Total Liabilities & Equity	561,991	559,208	566,585	572,939	578,454	328,563
Total Debt	292,403	290,751	300,100	315,354	283,027	105,338
Net Cash (Debt)	-284,367	-286,166	-293,527	-307,530	-272,389	-95,408
Net Cash Per Share	-11.62	-11.70	-12.00	-12.57	-11.13	-4.20
Filing Date Shares Outstanding	24,468	24,468	24,468	24,468	22,742	22,742
Total Common Shares Outstanding	24,468	24,468	24,468	24,468	22,742	22,742
Working Capital	-103,275	-105,151	-142,506	-126,548	-64,662	-35,483
Book Value Per Share	9.31	9.05	8.60	8.23	10.01	7.96
Tangible Book Value	202,265	195,196	183,737	176,535	204,372	159,895
Tangible Book Value Per Share	8.27	7.98	7.51	7.21	8.99	7.03
Land	-	1,265	1,233	1,203	1,177	1,053
Buildings	-	97,971	97,711	97,454	96,367	90,087
Machinery	-	186,441	181,202	176,765	170,503	116,658
Construction In Progress	-	15,906	9,554	5,001	3,034	2,892

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