SHA:603393 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	3,275	2,609	2,866	3,115	2,960
Short-Term Investments	21.25	59.69	60.17	-	11.83
Trading Asset Securities	11.27	18.68	-	289.32	-
Accounts Receivable	785.39	892.61	615.62	663.72	704.76
Other Receivables	1,110	962.88	663.27	402.71	575.86
Inventory	51.19	66.27	28.97	27.09	25.89
Prepaid Expenses	-	-	-	42.29	15.42
Other Current Assets	271.53	350.41	494.28	422.09	461.76
Total Current Assets	5,525	4,960	4,729	4,962	4,755
Property, Plant & Equipment	10,041	10,570	8,417	6,204	5,408
Goodwill	-	38.5	-	-	-
Other Intangible Assets	105.88	52.81	52.16	33.42	33.11
Long-Term Investments	1,394	971.57	1,031	1,083	787.93
Long-Term Deferred Tax Assets	17.2	20.84	10.54	21.21	11.17
Long-Term Deferred Charges	4.19	6.7	5.08	6.53	8.35
Other Long-Term Assets	4,660	1,647	318.38	323.53	37.53
Total Assets	21,748	18,268	14,563	12,634	11,041
Accounts Payable	1,549	1,555	1,770	1,288	902.4
Accrued Expenses	78.18	78.78	65.65	60.92	55.01
Short-Term Debt	76.34	117.73	50.06	180.11	100
Current Portion of Long-Term Debt	1,349	1,186	774.45	239.31	709.94
Current Unearned Revenue	105.78	146.94	113.83	124.09	99.38
Current Portion of Leases	15.46	12.83	11.93	10.24	14.29
Current Income Taxes Payable	140.16	132.77	163.94	192.6	224.17
Other Current Liabilities	153.65	167.72	103.43	19.51	17.43
Total Current Liabilities	3,468	3,398	3,053	2,114	2,123
Long-Term Debt	5,807	3,283	2,723	1,068	396.7
Long-Term Leases	25.45	34.54	37.71	40.82	40.58
Long-Term Unearned Revenue	31.6	31.3	31.6	31.9	32.2
Long-Term Deferred Tax Liabilities	839.03	784.63	574.93	319.57	591.8
Other Long-Term Liabilities	348	292.42	244.49	216.52	218.56
Total Liabilities	10,518	7,824	6,665	3,792	3,402
Common Stock	423.92	423.92	423.92	423.92	423.92
Additional Paid-In Capital	3,691	3,487	3,480	2,121	2,124
Retained Earnings	5,146	4,339	3,535	2,741	2,048
Treasury Stock	-10.84	-21.69	-27.05	-27.05	-27.05
Comprehensive Income & Other	-82.44	-85.23	-85.74	-57.81	-32.75
Total Common Equity	9,167	8,143	7,326	5,200	4,537
Minority Interest	2,062	2,301	572.23	3,642	3,102
Shareholders' Equity	11,229	10,444	7,898	8,842	7,639
Total Liabilities & Equity	21,748	18,268	14,563	12,634	11,041
Total Debt	7,273	4,635	3,597	1,539	1,262
Net Cash (Debt)	-3,965	-1,947	-670.34	1,865	1,710
Net Cash Growth	-	-	-	9.08%	96.39%
Net Cash Per Share	-9.34	-4.60	-1.58	4.40	4.46
Filing Date Shares Outstanding	423.92	423.92	422.52	422.52	422.52
Total Common Shares Outstanding	423.92	423.92	422.52	422.52	422.52
Working Capital	2,058	1,562	1,676	2,848	2,633
Book Value Per Share	21.63	19.21	17.34	12.31	10.74
Tangible Book Value	9,062	8,052	7,274	5,167	4,504
Tangible Book Value Per Share	21.38	18.99	17.22	12.23	10.66
Buildings	400.22	227.4	185.14	91.57	91.56
Machinery	1,062	933.17	786.62	426.53	406.49
Construction In Progress	1,439	1,809	2,117	1,295	756.7

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