Zhejiang Zheneng Electric Power Co., Ltd. (SHA:600023)

SHA:600023 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16,413	16,218	19,364	13,123	10,864	18,567
Trading Asset Securities	143.95	145.18	-	-	284.54	0.01
Accounts Receivable	11,809	13,217	14,704	9,363	9,481	7,109
Other Receivables	324.82	466.58	158.91	167.11	304.65	105.72
Inventory	4,840	5,885	6,538	5,536	4,329	2,734
Prepaid Expenses	-	-	-	0.7	-	-
Other Current Assets	2,448	2,362	1,680	1,555	1,888	1,326
Total Current Assets	35,979	38,294	42,444	29,745	27,152	29,842
Property, Plant & Equipment	61,825	61,406	54,222	48,218	49,510	49,950
Goodwill	745.03	745.03	1,241	-	-	-
Other Intangible Assets	2,835	2,869	2,965	2,439	2,385	2,127
Long-Term Investments	47,227	45,688	40,326	37,554	34,090	31,840
Long-Term Deferred Tax Assets	1,002	956.71	1,337	1,411	1,412	190.76
Long-Term Deferred Charges	552.56	562.83	621.5	687.79	416.93	327.88
Long-Term Accounts Receivable	-	1,940	2,056	-	-	-
Other Long-Term Assets	3,071	1,624	2,027	869.54	748.06	234.27
Total Assets	153,236	154,085	147,241	120,924	115,714	114,512
Accounts Payable	10,968	9,153	9,756	8,008	4,423	2,896
Accrued Expenses	501.54	834.23	1,256	671	905.39	1,029
Short-Term Debt	9,581	10,774	10,024	10,615	9,114	4,662
Current Portion of Long-Term Debt	10,104	7,237	5,852	4,255	2,888	3,332
Current Unearned Revenue	107.97	280.08	272.85	100.75	143.28	244.33
Current Portion of Leases	-	605.84	372.64	164.66	159.55	-
Current Income Taxes Payable	530.48	196.58	127.52	139.59	153.69	532.7
Other Current Liabilities	2,354	6,056	4,396	2,593	5,310	4,002
Total Current Liabilities	34,148	35,137	32,057	26,547	23,097	16,698
Long-Term Debt	25,053	27,357	32,026	24,540	18,136	18,663
Long-Term Leases	2,481	2,385	1,106	850.93	960.95	-
Long-Term Unearned Revenue	260.18	259.32	199.49	226.32	257.4	194.88
Long-Term Deferred Tax Liabilities	1,844	1,782	1,496	1,191	1,390	1,425
Other Long-Term Liabilities	1,012	345.27	388.35	79.48	64.63	1,218
Total Liabilities	64,797	67,265	67,274	53,434	43,906	38,198
Common Stock	13,409	13,409	13,409	13,409	13,601	13,601
Additional Paid-In Capital	24,126	24,126	23,910	23,954	24,363	24,309
Retained Earnings	33,298	32,224	27,823	21,303	23,194	26,581
Treasury Stock	-	-	-	-	-339.35	-
Comprehensive Income & Other	3,942	3,556	2,263	2,550	3,133	3,357
Total Common Equity	74,775	73,315	67,405	61,217	63,951	67,849
Minority Interest	13,664	13,505	12,563	6,273	7,858	8,466
Shareholders' Equity	88,439	86,821	79,967	67,490	71,809	76,314
Total Liabilities & Equity	153,236	154,085	147,241	120,924	115,714	114,512
Total Debt	47,220	48,358	49,381	40,426	31,259	26,657
Net Cash (Debt)	-30,663	-31,995	-30,017	-27,302	-20,110	-8,090
Net Cash Per Share	-2.27	-2.39	-2.26	-2.09	-1.44	-0.60
Filing Date Shares Outstanding	13,409	13,409	13,409	13,409	13,510	13,601
Total Common Shares Outstanding	13,409	13,409	13,409	13,409	13,510	13,601
Working Capital	1,831	3,158	10,387	3,198	4,055	13,144
Book Value Per Share	5.58	5.47	5.03	4.57	4.73	4.99
Tangible Book Value	71,195	69,701	63,198	58,777	61,566	65,721
Tangible Book Value Per Share	5.31	5.20	4.71	4.38	4.56	4.83
Buildings	-	33,270	31,789	30,286	29,880	-
Machinery	-	111,073	101,471	92,072	91,567	-
Construction In Progress	-	5,181	6,427	4,967	1,847	-

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.