Sinopec Oilfield Service Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,182	5,008	3,649	2,816	1,838	2,508
Cash & Short-Term Investments	4,182	5,008	3,649	2,816	1,838	2,508
Cash Growth	-14.08%	37.27%	29.56%	53.20%	-26.71%	61.67%
Accounts Receivable	32,026	32,270	32,616	29,541	27,619	22,994
Other Receivables	2,476	3,450	3,818	3,791	4,320	3,834
Receivables	34,502	35,720	36,434	33,332	31,939	26,828
Inventory	2,102	1,125	1,010	1,204	1,116	1,088
Other Current Assets	4,089	2,492	2,243	1,973	1,646	1,295
Total Current Assets	44,875	44,344	43,335	39,325	36,540	31,719
Property, Plant & Equipment	24,540	25,101	25,568	26,289	26,329	24,818
Long-Term Investments	245.94	281.26	388.99	689.26	184.71	68.81
Other Intangible Assets	336.93	365.79	424.23	442.78	481.49	506.6
Long-Term Deferred Tax Assets	296.71	293.77	330.31	400.69	370.01	310.76
Long-Term Deferred Charges	6,293	6,776	7,209	7,939	7,255	6,596
Other Long-Term Assets	-	92.39	85	77.14	47.51	32.84
Total Assets	76,588	77,255	77,340	75,163	71,208	64,052
Accounts Payable	25,124	13,945	18,334	22,691	21,453	19,669
Accrued Expenses	692.49	8,526	10,243	9,869	9,314	7,893
Short-Term Debt	28,818	28,311	22,870	19,907	17,923	17,520
Current Portion of Long-Term Debt	497.23	20.62	-	-	1,000	-
Current Portion of Leases	-	353.61	272.46	436.12	517.19	296.05
Current Income Taxes Payable	500.13	129.99	135.59	206.72	252.73	211.51
Current Unearned Revenue	6,078	7,618	7,910	5,361	5,116	3,548
Other Current Liabilities	3,247	7,275	8,337	7,656	6,869	5,854
Total Current Liabilities	64,956	66,179	68,103	66,127	62,445	54,992
Long-Term Debt	1,235	1,096	-	318.72	480.56	1,555
Long-Term Leases	397.34	352.6	304.33	317.12	497.05	390.87
Long-Term Unearned Revenue	70.73	84.04	24.76	18.19	11.58	9.29
Long-Term Deferred Tax Liabilities	68.42	68.41	78.07	87.03	68.5	9.44
Other Long-Term Liabilities	228.24	209.39	181.35	271.54	275.66	234.66
Total Liabilities	66,956	67,989	68,691	67,140	63,778	57,191
Common Stock	18,957	18,957	18,979	18,984	18,984	18,984
Additional Paid-In Capital	11,701	11,701	11,720	11,718	11,718	11,718
Retained Earnings	-21,521	-21,725	-22,384	-23,015	-23,605	-24,056
Comprehensive Income & Other	474.78	321.39	333.07	336.47	332.22	215.36
Total Common Equity	9,613	9,254	8,649	8,023	7,430	6,862
Minority Interest	18.92	11.3	-	-	-	-
Shareholders' Equity	9,631	9,266	8,649	8,023	7,430	6,862
Total Liabilities & Equity	76,588	77,255	77,340	75,163	71,208	64,052
Total Debt	30,947	30,134	23,447	20,979	20,418	19,762
Net Cash (Debt)	-26,765	-25,125	-19,799	-18,163	-18,580	-17,253
Net Cash Per Share	-1.41	-1.33	-1.03	-0.96	-0.98	-0.91
Filing Date Shares Outstanding	18,614	18,957	18,979	18,984	18,984	18,984
Total Common Shares Outstanding	18,614	18,957	18,979	18,984	18,984	18,984
Working Capital	-20,081	-21,834	-24,768	-26,802	-25,905	-23,273
Book Value Per Share	0.52	0.49	0.46	0.42	0.39	0.36
Tangible Book Value	9,276	8,889	8,225	7,580	6,948	6,355
Tangible Book Value Per Share	0.50	0.47	0.43	0.40	0.37	0.33
Buildings	-	1,746	1,736	1,647	1,642	1,643
Machinery	-	65,532	65,158	65,385	64,504	62,685
Construction In Progress	-	628.7	793.49	695.61	467.39	668.36

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