Kunlun Energy Company 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	31,280	27,827	27,353	20,042	28,494
Short-Term Investments	13,329	17,265	18,235	19,439	-
Cash & Short-Term Investments	44,609	45,092	45,588	39,481	28,494
Cash Growth	-1.07%	-1.09%	15.47%	38.56%	75.10%
Accounts Receivable	3,755	3,826	3,187	3,895	2,894
Other Receivables	-	2,011	1,922	1,677	7,857
Receivables	3,755	5,853	5,142	5,909	11,446
Inventory	1,037	1,131	1,155	1,081	1,230
Prepaid Expenses	9,226	4,744	5,111	4,643	3,848
Other Current Assets	-	417	202	225	120
Total Current Assets	58,627	57,237	57,198	51,339	45,138
Property, Plant & Equipment	65,718	66,797	68,032	69,534	69,714
Long-Term Investments	15,557	14,988	14,449	14,284	13,589
Goodwill	-	406	516	515	567
Other Intangible Assets	1,240	1,120	1,239	1,334	1,389
Long-Term Deferred Tax Assets	967	1,162	1,054	1,115	1,204
Other Long-Term Assets	2,010	1,680	1,031	771	981
Total Assets	144,119	143,390	143,519	138,892	132,582
Accounts Payable	3,349	3,107	2,791	3,195	3,257
Accrued Expenses	6,141	6,543	7,978	8,707	8,392
Short-Term Debt	7,067	1,188	2,247	2,544	1,909
Current Portion of Long-Term Debt	-	7,945	3,217	2,743	3,945
Current Portion of Leases	269	258	214	208	177
Current Income Taxes Payable	741	544	589	623	648
Current Unearned Revenue	12,856	12,690	13,596	12,621	11,984
Other Current Liabilities	3,389	3,401	3,951	3,743	3,907
Total Current Liabilities	33,812	35,676	34,583	34,384	34,219
Long-Term Debt	13,676	14,329	19,027	19,794	18,611
Long-Term Leases	408	559	497	562	535
Long-Term Unearned Revenue	-	-	28	98	232
Long-Term Deferred Tax Liabilities	2,037	2,011	1,870	1,858	1,760
Other Long-Term Liabilities	1,909	1,980	1,731	1,494	1,364
Total Liabilities	51,842	54,555	57,736	58,190	56,721
Common Stock	71	71	71	71	71
Additional Paid-In Capital	-	35,993	35,993	35,993	35,993
Retained Earnings	34,278	32,297	31,427	28,095	25,236
Comprehensive Income & Other	33,408	-3,212	-4,042	-4,251	-5,025
Total Common Equity	67,757	65,149	63,449	59,908	56,275
Minority Interest	24,520	23,686	22,334	20,794	19,586
Shareholders' Equity	92,277	88,835	85,783	80,702	75,861
Total Liabilities & Equity	144,119	143,390	143,519	138,892	132,582
Total Debt	21,420	24,279	25,202	25,851	25,177
Net Cash (Debt)	23,189	20,813	20,386	13,630	3,317
Net Cash Growth	11.42%	2.10%	49.57%	310.91%	-
Net Cash Per Share	2.68	2.40	2.35	1.57	0.38
Filing Date Shares Outstanding	8,659	8,659	8,659	8,659	8,659
Total Common Shares Outstanding	8,659	8,659	8,659	8,659	8,659
Working Capital	24,815	21,561	22,615	16,955	10,919
Book Value Per Share	7.83	7.52	7.33	6.92	6.50
Tangible Book Value	66,517	63,623	61,694	58,059	54,319
Tangible Book Value Per Share	7.68	7.35	7.12	6.71	6.27
Buildings	-	5,568	5,319	5,063	5,889
Machinery	-	83,059	83,193	80,894	75,165
Construction In Progress	-	12,461	11,981	13,309	14,792

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