Tianjin Tianbao Energy Co., Ltd. (HKG:1671)

Tianjin Tianbao Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	113.91	128.8	144.31	153.31	186.14	126.92
Accounts Receivable	116.46	126.35	113.33	97.95	55.38	31.86
Other Receivables	42.62	40.8	45.42	43.21	23.85	7.38
Inventory	1.13	0.72	5.42	8.65	10.07	11.8
Other Current Assets	25.05	34.93	42.58	18.48	3.35	1.5
Total Current Assets	299.17	331.59	351.06	321.61	278.79	179.46
Property, Plant & Equipment	701.27	720.51	723.93	728.55	588.67	627.19
Goodwill	1.61	1.61	0.54	0.54	0.54	0.54
Other Intangible Assets	7.8	8.26	5.08	6.09	2.46	3.12
Long-Term Deferred Tax Assets	5.58	7.18	7.24	6.38	1.84	-
Other Long-Term Assets	1.61	1.61	1.25	1.25	1.25	-
Total Assets	1,017	1,071	1,089	1,064	873.55	810.31
Accounts Payable	75.23	76.92	57.72	121.32	92.92	39.82
Accrued Expenses	11.17	11.19	9.05	10.41	7.78	3.51
Short-Term Debt	-	177.37	269.41	-	-	-
Current Portion of Long-Term Debt	160.47	40.83	-	226.66	188.2	115.51
Current Unearned Revenue	6.65	9.66	7.41	8.2	22.66	22.44
Current Portion of Leases	0.44	0.41	0.14	0.24	0.13	0.08
Current Income Taxes Payable	6.97	5.99	5.91	8.52	2.3	2.4
Other Current Liabilities	12.01	12.4	42.5	62.67	4.47	92.69
Total Current Liabilities	272.93	334.77	392.15	438.02	318.46	276.45
Long-Term Debt	215.32	216.09	180.96	100.67	109.94	80.1
Long-Term Leases	1.25	1.18	1.19	1.33	1.47	1.15
Long-Term Unearned Revenue	45.76	47.08	50.67	53.47	25.86	28.26
Long-Term Deferred Tax Liabilities	5.93	6.02	5.33	5.46	5.59	5.73
Total Liabilities	541.19	605.13	630.3	598.95	461.33	391.68
Common Stock	159.92	159.92	159.92	159.92	159.92	159.92
Retained Earnings	84.55	76.89	72.36	75.94	68.06	75.62
Comprehensive Income & Other	79.53	79.53	79.53	79.53	79.14	79.14
Total Common Equity	324	316.35	311.82	315.4	307.12	314.68
Minority Interest	151.86	149.3	146.98	150.06	105.11	103.95
Shareholders' Equity	475.86	465.64	458.79	465.46	412.22	418.63
Total Liabilities & Equity	1,017	1,071	1,089	1,064	873.55	810.31
Total Debt	377.47	435.88	451.7	328.9	299.74	196.84
Net Cash (Debt)	-263.56	-307.08	-307.4	-175.59	-113.6	-69.92
Net Cash Per Share	-1.65	-1.92	-1.92	-1.10	-0.71	-0.44
Filing Date Shares Outstanding	159.92	159.92	159.92	159.92	159.92	159.92
Total Common Shares Outstanding	159.92	159.92	159.92	159.92	159.92	159.92
Working Capital	26.24	-3.18	-41.09	-116.41	-39.67	-96.98
Book Value Per Share	2.03	1.98	1.95	1.97	1.92	1.97
Tangible Book Value	314.58	306.47	306.2	308.77	304.13	311.02
Tangible Book Value Per Share	1.97	1.92	1.91	1.93	1.90	1.94
Buildings	-	174.89	174.89	157.81	157.81	157.81
Machinery	-	1,000	957.08	806.95	732.3	736.2
Construction In Progress	-	1.95	1.51	108.87	0.78	2.5

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