China Southern Power Grid Technology Co.,Ltd (SHA:688248)

SHA:688248 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	-	1,180	1,717	2,229	1,841	2,280
Trading Asset Securities	-	1,002	700.61	300	568	-
Cash & Short-Term Investments	1,932	2,182	2,418	2,529	2,409	2,280
Cash Growth	-6.42%	-9.76%	-4.39%	4.96%	5.68%	64.44%
Accounts Receivable	-	805.86	607.21	532.2	491.63	333.35
Other Receivables	-	11.2	12.59	15.8	5.84	5.38
Receivables	-	817.07	619.8	548.01	497.47	338.74
Inventory	-	809.56	798.51	869.97	404.28	228.28
Other Current Assets	-	453.22	18.01	35.41	68.88	28.53
Total Current Assets	-	4,262	3,854	3,982	3,380	2,876
Property, Plant & Equipment	-	380.91	382.41	331.64	158.41	129.64
Long-Term Investments	-	186.13	175.86	68.59	-	5.61
Goodwill	-	23.24	23.24	23.24	-	-
Other Intangible Assets	-	127.93	122.26	97.25	41.61	31.45
Long-Term Accounts Receivable	-	65.75	63.32	27.47	41.22	80.45
Long-Term Deferred Tax Assets	-	42.28	40.11	39.07	20.62	11.35
Long-Term Deferred Charges	-	29.02	38.44	39.82	19.91	16.31
Other Long-Term Assets	-	8.91	10.1	8.77	38.01	7.88
Total Assets	-	5,126	4,710	4,618	3,700	3,158

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	815.69	767.1	697.98	487.46	454.26
Accrued Expenses	-	56.94	30.03	44.29	12.17	11.98
Current Portion of Leases	-	31.86	22.08	32.01	13.45	17.52
Current Income Taxes Payable	-	3.33	7.28	18.78	0.72	12.75
Current Unearned Revenue	-	699.28	637.28	791.43	490.34	173.06
Other Current Liabilities	-	67.36	52.48	54.8	36.58	13.68
Total Current Liabilities	-	1,674	1,516	1,639	1,041	683.25
Long-Term Leases	-	54.68	72.17	81.9	13.96	14.1
Long-Term Unearned Revenue	-	13.66	17.81	7.85	14.25	10.19
Long-Term Deferred Tax Liabilities	-	41.63	35.8	35.31	11.74	0.84
Other Long-Term Liabilities	-	36.8	42.61	32.88	29.97	18.3
Total Liabilities	-	1,821	1,685	1,797	1,111	726.68

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	-	564.7	564.7	564.7	564.7	564.7
Additional Paid-In Capital	-	1,715	1,715	1,715	1,715	1,715
Retained Earnings	-	980.04	708.85	518.86	309.77	152.02
Comprehensive Income & Other	-	0.07	-	-	-	-
Total Common Equity	3,315	3,260	2,988	2,798	2,589	2,432
Minority Interest	-	44.51	37.09	22.59	-	-
Shareholders' Equity	3,364	3,305	3,025	2,821	2,589	2,432
Total Liabilities & Equity	-	5,126	4,710	4,618	3,700	3,158

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	76.42	86.54	94.24	113.91	27.41	31.62
Net Cash (Debt)	1,856	2,095	2,324	2,415	2,382	2,248
Net Cash Growth	-5.88%	-9.83%	-3.78%	1.38%	5.95%	62.16%
Net Cash Per Share	3.30	3.73	4.14	4.29	4.17	4.72
Filing Date Shares Outstanding	577.81	564.7	564.7	564.7	564.7	564.7
Total Common Shares Outstanding	577.81	564.7	564.7	564.7	564.7	564.7
Working Capital	-	2,587	2,338	2,343	2,339	2,192
Book Value Per Share	5.87	5.77	5.29	4.96	4.59	4.31
Tangible Book Value	3,173	3,109	2,843	2,678	2,548	2,400
Tangible Book Value Per Share	5.62	5.51	5.03	4.74	4.51	4.25
Buildings	-	25.4	25.84	28.45	1.99	1.99
Machinery	-	696.76	646.05	567.57	415.76	356.1
Construction In Progress	-	1.89	4.62	1.9	3.84	6.15

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

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