SHA:603693 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	1,715	1,762	1,292	1,437	1,137	1,027
Trading Asset Securities	-	-	-	-	-	200.49
Accounts Receivable	3,307	3,089	2,655	2,081	1,893	1,361
Other Receivables	502.37	486.48	385.18	11.29	7.29	6.11
Inventory	25.08	18.8	20.54	16.99	19.46	32.67
Other Current Assets	135.92	159.64	258.64	297.78	327.28	264.27
Total Current Assets	5,685	5,516	4,611	3,844	3,384	2,892
Property, Plant & Equipment	10,893	10,886	10,669	10,646	11,149	7,350
Other Intangible Assets	55.64	59.12	50.65	62.8	69.39	61.75
Long-Term Investments	714.87	680.97	662.51	932.94	819.85	11.06
Long-Term Deferred Tax Assets	81.61	62.95	43.95	31.54	28.36	15.73
Long-Term Deferred Charges	2.44	2.15	2.51	2.83	3.38	5.06
Other Long-Term Assets	437.53	415.91	403.63	330.16	352.73	879.24
Total Assets	17,870	17,624	16,444	15,851	15,807	11,214
Accounts Payable	955.33	47.53	37.49	44.72	67.96	36.36
Accrued Expenses	12.83	87.78	103.1	100.37	80.81	69.03
Short-Term Debt	218.13	173.15	-	18.02	15.49	100.1
Current Portion of Long-Term Debt	1,083	690.98	522.47	2,886	629.84	698.02
Current Unearned Revenue	4.12	4.07	3.99	1.08	1.03	0.85
Current Portion of Leases	-	25.32	16.55	12.61	39.13	-
Current Income Taxes Payable	45.6	51.37	37.05	31.98	28.32	5.45
Other Current Liabilities	149.94	1,047	1,262	1,504	2,090	678.7
Total Current Liabilities	2,469	2,127	1,982	4,599	2,953	1,589
Long-Term Debt	6,518	7,055	6,878	4,093	6,326	4,396
Long-Term Leases	561.68	491.36	155.33	97.89	29.51	-
Long-Term Unearned Revenue	44.5	48.65	54.2	59.74	65.29	70.83
Other Long-Term Liabilities	0.12	0.75	0.61	0.58	0.52	0.52
Total Liabilities	9,594	9,723	9,070	8,850	9,374	6,056
Common Stock	891.48	891.48	891.48	891.48	685.75	618
Additional Paid-In Capital	3,674	3,673	3,672	3,672	3,878	3,150
Retained Earnings	2,386	2,130	1,846	1,508	1,100	884.22
Comprehensive Income & Other	8.9	6.01	5.51	1.99	0.35	0.67
Total Common Equity	6,960	6,700	6,416	6,074	5,664	4,653
Minority Interest	1,316	1,201	958.14	926.65	768.68	505.82
Shareholders' Equity	8,276	7,900	7,374	7,000	6,433	5,159
Total Liabilities & Equity	17,870	17,624	16,444	15,851	15,807	11,214
Total Debt	8,382	8,436	7,572	7,108	7,040	5,194
Net Cash (Debt)	-6,666	-6,674	-6,281	-5,671	-5,903	-3,967
Net Cash Per Share	-7.49	-7.52	-7.05	-6.31	-7.27	-4.96
Filing Date Shares Outstanding	891.48	891.48	891.48	891.48	891.48	803.4
Total Common Shares Outstanding	891.48	891.48	891.48	891.48	891.48	803.4
Working Capital	3,216	3,389	2,629	-754.59	431.25	1,303
Book Value Per Share	7.81	7.52	7.20	6.81	6.35	5.79
Tangible Book Value	6,905	6,640	6,365	6,011	5,595	4,591
Tangible Book Value Per Share	7.75	7.45	7.14	6.74	6.28	5.71
Buildings	-	1,376	1,401	2,310	2,225	-
Machinery	-	13,161	12,818	11,281	11,243	-
Construction In Progress	-	292.55	104.78	79.58	7.97	-

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