CGN New Energy Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	197.06	158.38	287.5	440.65	375	398.85
Short-Term Investments	21.99	-	14.17	14.36	3.14	-
Accounts Receivable	1,429	1,277	1,134	1,094	931.21	576.91
Other Receivables	140.09	142.63	175.75	117.48	129.68	98.39
Inventory	48.81	53.97	44.65	66.33	54.21	24.45
Other Current Assets	131.66	162.6	111.74	160.57	166.18	136.36
Total Current Assets	1,969	1,795	1,768	1,893	1,659	1,235
Property, Plant & Equipment	6,590	6,315	6,015	5,918	6,356	4,834
Goodwill	132.91	137.95	143.35	154.6	168.8	169.24
Long-Term Investments	93.58	82.16	79.28	77.68	154.48	206.08
Long-Term Deferred Tax Assets	29.16	30.19	27	24.76	23.32	21.79
Other Long-Term Assets	308.93	357.84	317.2	276.35	372.31	510.51
Total Assets	9,123	8,718	8,350	8,344	8,734	6,977
Accounts Payable	80.59	46.58	108.67	223.03	129.51	70.7
Accrued Expenses	-	-	-	-	-	27.17
Short-Term Debt	1,356	1,245	817.32	651.95	1,162	521.27
Current Portion of Long-Term Debt	1,081	644.46	494.64	957.39	763.5	1,017
Current Unearned Revenue	1.5	3.43	4.15	4.76	4.93	2.92
Current Portion of Leases	9.75	11.3	6.21	4.86	6.9	3.9
Current Income Taxes Payable	18.23	32.61	24.06	30.39	12.3	9.08
Other Current Liabilities	388.63	447.85	547.58	595.06	725.54	387.03
Total Current Liabilities	2,935	2,432	2,003	2,467	2,805	2,039
Long-Term Debt	4,156	4,414	4,548	4,285	4,340	3,545
Long-Term Leases	67.99	55.56	45.4	32.38	28.65	27.02
Long-Term Unearned Revenue	6.1	6.66	6.7	7.52	9.35	9.55
Pension & Post-Retirement Benefits	-	-	-	-	1.68	2.79
Long-Term Deferred Tax Liabilities	41.22	42.44	52.2	48.79	49.7	53.91
Other Long-Term Liabilities	8.19	7.82	7.15	3.41	3.84	1.09
Total Liabilities	7,214	6,958	6,662	6,844	7,239	5,679
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	250.17	250.17	250.41	250.41	250.41	250.41
Retained Earnings	1,669	1,555	1,387	1,178	1,026	859.24
Comprehensive Income & Other	-153.13	-187.89	-93	-66.16	97.25	103.45
Total Common Equity	1,766	1,618	1,545	1,362	1,374	1,213
Minority Interest	143.12	141.87	143.97	137.33	121.52	84.23
Shareholders' Equity	1,909	1,760	1,689	1,500	1,495	1,297
Total Liabilities & Equity	9,123	8,718	8,350	8,344	8,734	6,977
Total Debt	6,670	6,371	5,911	5,931	6,302	5,115
Net Cash (Debt)	-6,451	-6,212	-5,609	-5,476	-5,924	-4,716
Net Cash Per Share	-1.50	-1.45	-1.31	-1.28	-1.38	-1.10
Filing Date Shares Outstanding	4,290	4,290	4,291	4,291	4,291	4,291
Total Common Shares Outstanding	4,290	4,290	4,291	4,291	4,291	4,291
Working Capital	-966.05	-636.67	-234.65	-574.54	-1,146	-804.48
Book Value Per Share	0.41	0.38	0.36	0.32	0.32	0.28
Tangible Book Value	1,633	1,480	1,401	1,208	1,205	1,044
Tangible Book Value Per Share	0.38	0.34	0.33	0.28	0.28	0.24
Land	-	55.48	62.87	64.04	67.88	77.59
Buildings	-	1,074	1,035	989.24	1,092	881.26
Machinery	-	34.53	28.43	24.84	25.11	26.81
Construction In Progress	-	771.93	519.31	179.05	1,023	1,450

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