PetroChina 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	206,162	172,477	249,001	191,190	136,789
Short-Term Investments	34,170	52,293	29,077	38,235	30,722
Trading Asset Securities	6,175	2,816	7,404	3,876	-
Cash & Short-Term Investments	246,507	227,586	285,482	233,301	167,511
Cash Growth	8.31%	-20.28%	22.37%	39.27%	8.76%
Accounts Receivable	77,929	71,610	69,006	72,028	52,746
Other Receivables	25,248	32,110	31,759	58,616	49,918
Receivables	103,177	103,720	100,765	130,644	102,664
Inventory	150,553	168,338	180,639	167,751	143,848
Other Current Assets	95,060	91,200	96,212	82,171	66,815
Total Current Assets	595,297	590,844	663,098	613,867	480,838
Property, Plant & Equipment	1,806,607	1,762,824	1,720,409	1,695,578	1,667,902
Long-Term Investments	307,644	295,628	285,632	274,528	275,017
Goodwill	7,263	7,436	7,442	7,317	7,987
Other Intangible Assets	22,497	21,186	21,083	22,311	21,019
Long-Term Deferred Tax Assets	30,056	26,765	18,127	16,614	12,161
Other Long-Term Assets	58,413	48,068	43,184	40,185	37,338
Total Assets	2,827,777	2,752,751	2,758,975	2,670,400	2,502,262
Accounts Payable	179,523	174,897	191,172	188,176	160,627
Accrued Expenses	48,688	61,495	71,410	46,428	75,834
Short-Term Debt	34,513	45,955	38,979	38,375	40,010
Current Portion of Long-Term Debt	29,588	92,828	109,801	62,264	13,265
Current Portion of Leases	9,545	8,651	7,780	7,560	6,626
Current Income Taxes Payable	10,052	6,845	11,173	16,471	9,915
Current Unearned Revenue	84,599	80,266	83,940	77,337	78,481
Other Current Liabilities	142,292	166,380	176,342	187,652	133,400
Total Current Liabilities	538,800	637,317	690,597	624,263	518,158
Long-Term Debt	163,462	98,072	143,198	222,478	287,175
Long-Term Leases	116,342	109,968	113,440	118,200	123,222
Long-Term Deferred Tax Liabilities	26,625	25,672	23,130	21,618	26,638
Other Long-Term Liabilities	183,224	172,099	153,314	149,675	138,200
Total Liabilities	1,028,453	1,043,128	1,123,679	1,136,234	1,093,393
Common Stock	183,021	183,021	183,021	183,021	183,021
Additional Paid-In Capital	133,308	133,308	133,308	133,308	133,308
Retained Earnings	1,309,694	1,239,576	1,157,502	1,074,832	983,950
Comprehensive Income & Other	-40,186	-40,773	-22,745	-25,544	-36,718
Total Common Equity	1,585,837	1,515,132	1,451,086	1,365,617	1,263,561
Minority Interest	213,487	194,491	184,210	168,549	145,308
Shareholders' Equity	1,799,324	1,709,623	1,635,296	1,534,166	1,408,869
Total Liabilities & Equity	2,827,777	2,752,751	2,758,975	2,670,400	2,502,262
Total Debt	353,450	355,474	413,198	448,877	470,298
Net Cash (Debt)	-106,943	-127,888	-127,716	-215,576	-302,787
Net Cash Per Share	-0.58	-0.70	-0.70	-1.18	-1.65
Filing Date Shares Outstanding	183,021	183,021	183,021	183,021	183,021
Total Common Shares Outstanding	183,021	183,021	183,021	183,021	183,021
Working Capital	56,497	-46,473	-27,499	-10,396	-37,320
Book Value Per Share	8.66	8.28	7.93	7.46	6.90
Tangible Book Value	1,556,077	1,486,510	1,422,561	1,335,989	1,234,555
Tangible Book Value Per Share	8.50	8.12	7.77	7.30	6.75
Buildings	325,224	294,151	284,485	275,004	258,858
Machinery	1,009,371	963,018	918,858	870,140	799,906
Construction In Progress	226,613	225,515	206,122	204,855	223,671

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