China Energy Development Holdings Limited (HKG:0228)

HKG:0228 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	258.46	295.16	34.35	45.2	131.3	167.28
Trading Asset Securities	10.36	12.48	14.78	27.25	28.85	37.65
Cash & Short-Term Investments	268.83	307.63	49.12	72.45	160.15	204.93
Cash Growth	-12.61%	526.26%	-32.20%	-54.76%	-21.85%	0.33%
Accounts Receivable	126.5	135.42	116.25	49.65	0.19	1.21
Other Receivables	14.21	10.04	15.5	23.74	32.19	34.17
Receivables	140.71	135.22	131.75	73.39	32.38	35.38
Total Current Assets	409.54	442.85	180.88	145.85	192.53	240.32
Property, Plant & Equipment	1,117	1,097	1,049	1,122	1,176	1,298
Other Intangible Assets	1,090	1,060	1,041	1,098	1,169	1,280
Long-Term Deferred Tax Assets	-	-	-	0.32	22.82	33.97
Other Long-Term Assets	3.52	3.52	-	-	-	-
Total Assets	2,620	2,604	2,271	2,366	2,560	2,852

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	33.77	-	33.84	33.84	32.59
Short-Term Debt	169.64	246.3	294.53	143.64	305.76	79.86
Current Portion of Leases	1.08	1.24	0.72	2.18	8.11	11.18
Other Current Liabilities	117.05	68.73	109.62	125.04	196.24	470.2
Total Current Liabilities	287.77	350.03	404.87	304.7	543.94	593.83
Long-Term Debt	53.11	50.38	45.46	328.97	288.11	471.16
Long-Term Leases	4.44	5.03	1	0.89	1.44	7.61
Long-Term Deferred Tax Liabilities	34.42	40.19	28.82	-	-	-
Other Long-Term Liabilities	23.34	22.31	-	-	-	-
Total Liabilities	403.09	467.95	480.15	634.56	833.49	1,073

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	22.81	22.81	608.27	475.27	475.27	475.27
Additional Paid-In Capital	-	2,938	2,116	1,709	1,709	1,709
Retained Earnings	-	-837.68	-863.55	-890.89	-960.42	-1,044
Comprehensive Income & Other	2,194	6.23	-79.69	428.3	491.48	625.73
Total Common Equity	2,217	2,130	1,781	1,722	1,716	1,767
Minority Interest	-	6.1	9.03	9.99	11.11	12.48
Shareholders' Equity	2,217	2,136	1,790	1,732	1,727	1,779
Total Liabilities & Equity	2,620	2,604	2,271	2,366	2,560	2,852

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	228.28	302.95	341.71	475.69	603.42	569.8
Net Cash (Debt)	40.55	4.68	-292.59	-403.23	-443.27	-364.87
Net Cash Growth	765.71%	-	-	-	-	-
Net Cash Per Share	0.11	0.02	-1.07	-1.19	-1.31	-1.08
Filing Date Shares Outstanding	456.11	456.2	304.13	237.63	237.63	237.63
Total Common Shares Outstanding	456.11	456.2	304.13	237.63	237.63	237.63
Working Capital	121.77	92.83	-224	-158.85	-351.41	-353.51
Book Value Per Share	4.86	4.67	5.86	7.25	7.22	7.43
Tangible Book Value	1,127	1,070	740.74	623.87	546.85	486.9
Tangible Book Value Per Share	2.47	2.35	2.44	2.63	2.30	2.05
Land	-	56.3	56.3	56.3	56.3	56.3
Machinery	-	8.08	7.54	7.59	7.79	8.24
Construction In Progress	-	0.16	1.09	40.28	39.37	39.75
Leasehold Improvements	-	2.57	2.49	2.54	2.6	2.73

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

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

Update frequency:

Semi-annually

Last checked:

Aug 12, 2026

Data Sources Report a data error