Concord New Energy Group 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	919.59	1,694	2,445	3,471	3,510
Trading Asset Securities	20.29	55.73	154.45	138.84	10
Accounts Receivable	1,666	1,802	1,615	1,659	2,221
Other Receivables	774.31	551.62	923.17	546.88	849.32
Inventory	19.67	19.22	46.3	59.2	27.68
Prepaid Expenses	206.01	338.39	326.71	194.81	183.75
Loans Receivable Current	1.18	16.18	17.8	16.35	9.91
Other Current Assets	3,168	3,667	1,457	578.24	640.97
Total Current Assets	6,775	8,144	6,986	6,664	7,454
Property, Plant & Equipment	20,859	18,648	18,709	15,436	12,380
Goodwill	684.36	659.42	715.62	787.72	816.85
Other Intangible Assets	0.32	0.41	0.41	0.51	0.61
Long-Term Investments	2,901	3,034	2,855	2,368	1,860
Long-Term Loans Receivable	1.89	11.67	30.83	45.24	49.66
Long-Term Deferred Tax Assets	97.9	61.27	47.27	39.49	37.74
Long-Term Accounts Receivable	109.75	177.75	269.82	164.99	91.43
Other Long-Term Assets	1,728	1,393	1,621	1,666	1,355
Total Assets	33,157	32,130	31,236	27,173	24,045
Accounts Payable	351.91	589.01	1,672	1,263	1,079
Current Portion of Long-Term Debt	2,214	2,092	1,869	2,333	1,405
Current Unearned Revenue	703.95	1,646	2,133	1,432	1,857
Current Portion of Leases	58.03	33.56	21.82	13.5	11.41
Current Income Taxes Payable	50.07	50.64	138	101.72	49.46
Other Current Liabilities	3,270	3,529	1,044	1,375	1,306
Total Current Liabilities	6,648	7,940	6,879	6,517	5,707
Long-Term Debt	16,323	14,106	14,666	11,607	10,096
Long-Term Leases	360.12	418.54	135.49	98.75	77.07
Long-Term Unearned Revenue	1,160	734.31	1,055	750.84	546.58
Long-Term Deferred Tax Liabilities	2.66	20.05	57.72	93.52	38.09
Other Long-Term Liabilities	10.22	4.77	8.06	10.6	17.12
Total Liabilities	24,505	23,224	22,801	19,078	16,482
Common Stock	67.42	68.39	72.6	77.44	77.5
Additional Paid-In Capital	2,495	2,533	2,773	3,068	3,091
Retained Earnings	5,981	6,093	5,547	4,862	4,220
Treasury Stock	-22.48	-30.04	-218.97	-240.38	-46.76
Comprehensive Income & Other	-5.51	50.41	109.6	65.58	72.44
Total Common Equity	8,516	8,715	8,283	7,832	7,414
Minority Interest	136.29	191.36	152.38	263.15	148.96
Shareholders' Equity	8,652	8,906	8,435	8,095	7,563
Total Liabilities & Equity	33,157	32,130	31,236	27,173	24,045
Total Debt	18,956	16,650	16,692	14,052	11,589
Net Cash (Debt)	-18,016	-14,900	-14,092	-10,442	-8,069
Net Cash Per Share	-2.30	-1.86	-1.67	-1.18	-0.96
Filing Date Shares Outstanding	7,819	7,906	8,024	8,480	8,833
Total Common Shares Outstanding	7,819	7,906	8,024	8,480	8,833
Working Capital	127.01	203.81	107.85	147.53	1,746
Book Value Per Share	1.09	1.10	1.03	0.92	0.84
Tangible Book Value	7,831	8,055	7,567	7,044	6,596
Tangible Book Value Per Share	1.00	1.02	0.94	0.83	0.75
Buildings	269.67	266	255.6	428.73	503.1
Machinery	19,032	16,012	16,685	12,845	10,063
Construction In Progress	3,840	3,695	3,017	3,285	2,696

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