SHA:601033 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	-	1,132	705.09	2,249	944.23
Short-Term Investments	-	592.34	-	-	-
Accounts Receivable	-	1,925	1,476	1,029	852.65
Other Receivables	-	357.14	380.64	62.85	163.7
Inventory	-	70.46	79.63	75.66	86.01
Other Current Assets	-	377.11	420.8	356.74	323.13
Total Current Assets	-	4,453	3,062	3,772	2,370
Property, Plant & Equipment	-	12,249	12,950	13,157	10,720
Other Intangible Assets	-	5,770	6,009	6,277	6,154
Long-Term Investments	-	1,191	1,149	758.83	225.25
Long-Term Deferred Tax Assets	-	89.76	90.99	101.84	75.38
Long-Term Deferred Charges	-	57.49	50.64	27.34	42.68
Other Long-Term Assets	-	415.66	559.11	723.88	754.72
Total Assets	-	24,227	23,870	24,818	20,341
Accounts Payable	-	226.3	233.41	398.03	296.14
Accrued Expenses	-	246.55	200.47	198	157.92
Short-Term Debt	-	546.59	1,326	1,497	918.04
Current Portion of Long-Term Debt	-	756.01	939.52	658.77	277.42
Current Unearned Revenue	-	20.09	5.87	1.26	0
Current Portion of Leases	-	5.29	4.57	4.52	4.28
Current Income Taxes Payable	-	27.22	14.63	21.28	36.41
Other Current Liabilities	-	2,436	3,028	3,587	3,039
Total Current Liabilities	-	4,264	5,753	6,366	4,729
Long-Term Debt	-	8,827	9,637	9,723	8,907
Long-Term Leases	-	6.36	8.89	12.72	16.19
Long-Term Unearned Revenue	-	431.69	465.04	503.67	499.06
Long-Term Deferred Tax Liabilities	-	8.7	9.62	10.74	11.24
Other Long-Term Liabilities	-	53.12	49.05	44.61	41.19
Total Liabilities	-	13,591	15,922	16,661	14,203
Common Stock	-	900	750	750	200
Additional Paid-In Capital	-	8,073	5,892	5,892	4,987
Retained Earnings	-	1,510	1,157	1,360	830.23
Comprehensive Income & Other	-	4.88	2.55	23.3	3.42
Total Common Equity	10,707	10,488	7,802	8,025	6,020
Minority Interest	-	148.59	146.34	132.67	117.86
Shareholders' Equity	10,946	10,636	7,948	8,158	6,138
Total Liabilities & Equity	-	24,227	23,870	24,818	20,341
Total Debt	10,742	10,141	11,916	11,896	10,122
Net Cash (Debt)	-9,435	-8,417	-11,211	-9,648	-9,178
Net Cash Per Share	-10.53	-9.44	-14.95	-12.95	-14.09
Filing Date Shares Outstanding	900	900	750	750	651.19
Total Common Shares Outstanding	900	900	750	750	651.19
Working Capital	-	189.46	-2,691	-2,594	-2,359
Book Value Per Share	11.90	11.65	10.40	10.70	9.25
Tangible Book Value	3,735	4,717	1,793	1,748	-133.52
Tangible Book Value Per Share	4.15	5.24	2.39	2.33	-0.21
Buildings	-	5,745	5,901	4,546	825.58
Machinery	-	7,947	7,907	7,042	1,067
Construction In Progress	-	20.64	30.96	1,954	8,943

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