SHA:600905 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	-	5,431	5,104	10,653	13,091
Accounts Receivable	-	44,794	36,738	27,007	19,462
Other Receivables	-	1,108	981.86	1,444	829.34
Inventory	-	469.93	355.28	222.2	130.96
Prepaid Expenses	-	0.58	4.74	2.92	0.02
Other Current Assets	-	3,122	4,318	3,565	1,500
Total Current Assets	-	54,925	47,501	42,894	35,013
Property, Plant & Equipment	-	255,698	221,583	182,532	151,838
Goodwill	-	1,602	1,723	1,667	1,545
Other Intangible Assets	-	6,453	5,330	4,955	1,738
Long-Term Investments	-	19,571	19,090	18,193	15,862
Long-Term Deferred Tax Assets	-	930.79	802.02	655.66	473.93
Long-Term Deferred Charges	-	544	395.65	235.96	183.05
Other Long-Term Assets	-	17,146	15,420	11,202	12,250
Total Assets	-	356,871	311,845	262,334	218,903
Accounts Payable	-	28,914	26,465	24,940	21,874
Accrued Expenses	-	262.64	253.44	207.87	427.49
Short-Term Debt	-	768.97	2,610	4,371	6,119
Current Portion of Long-Term Debt	-	24,000	11,860	13,382	5,184
Current Unearned Revenue	-	497.36	219.41	68.52	2.27
Current Portion of Leases	-	2,160	374.68	354.39	252.55
Current Income Taxes Payable	-	367.35	217.98	173.23	136.77
Other Current Liabilities	-	6,415	4,809	3,693	4,396
Total Current Liabilities	-	63,384	46,810	47,191	38,393
Long-Term Debt	-	152,193	138,850	106,091	83,677
Long-Term Leases	-	4,642	5,621	6,498	4,133
Long-Term Unearned Revenue	-	62.2	65.21	66.04	64.17
Pension & Post-Retirement Benefits	-	13.29	12.47	11.72	11.13
Long-Term Deferred Tax Liabilities	-	1,310	1,244	1,241	1,174
Other Long-Term Liabilities	-	31,621	23,807	13,126	13,331
Total Liabilities	-	253,225	216,410	174,225	140,783
Common Stock	-	28,620	28,623	28,620	28,571
Additional Paid-In Capital	-	23,923	23,788	23,741	23,329
Retained Earnings	-	33,611	29,730	24,773	18,232
Treasury Stock	-	-105.63	-167.62	-163	-
Comprehensive Income & Other	-	669.87	506.5	212.82	90.28
Total Common Equity	89,220	86,717	82,480	77,184	70,222
Minority Interest	-	16,929	12,956	10,925	7,898
Shareholders' Equity	108,395	103,647	95,436	88,109	78,120
Total Liabilities & Equity	-	356,871	311,845	262,334	218,903
Total Debt	198,102	183,763	159,315	130,697	99,365
Net Cash (Debt)	-191,381	-178,333	-154,212	-120,044	-86,275
Net Cash Per Share	-6.69	-6.23	-5.39	-4.20	-3.55
Filing Date Shares Outstanding	28,588	28,620	28,623	28,620	28,621
Total Common Shares Outstanding	28,588	28,620	28,623	28,620	28,571
Working Capital	-	-8,459	691.77	-4,297	-3,379
Book Value Per Share	3.12	3.03	2.88	2.70	2.46
Tangible Book Value	80,933	78,662	75,427	70,562	66,939
Tangible Book Value Per Share	2.83	2.75	2.64	2.47	2.34
Buildings	-	19,957	17,514	17,723	10,600
Machinery	-	223,032	184,545	151,327	102,116
Construction In Progress	-	55,610	52,988	35,491	57,505

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