Perennial Energy Holdings 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	70.5	177.08	93.71	202.06	180.85
Short-Term Investments	30.95	-	36.25	-	-
Cash & Short-Term Investments	101.45	177.08	129.96	202.06	180.85
Cash Growth	-42.71%	36.25%	-35.68%	11.72%	29.55%
Accounts Receivable	568.1	899.94	791.82	871.55	393
Other Receivables	-	19.56	40.63	14.92	41.48
Receivables	568.1	919.5	832.45	886.47	434.49
Inventory	30.97	33.88	57.83	49.44	51.16
Other Current Assets	15.71	5.87	2.54	13.28	10.27
Total Current Assets	716.23	1,136	1,023	1,151	676.77
Property, Plant & Equipment	3,110	3,224	2,991	2,726	2,379
Long-Term Investments	481.05	376.3	95.01	-	-
Long-Term Accounts Receivable	5.91	6.35	9.3	-	-
Long-Term Deferred Tax Assets	58.93	54.5	46.63	40.13	-
Other Long-Term Assets	59.27	61.22	164.2	162.55	181.92
Total Assets	4,432	4,859	4,329	4,080	3,238
Accounts Payable	140.27	128.5	139.42	109.3	81.69
Accrued Expenses	-	75.86	-	76.71	64.8
Short-Term Debt	219.92	475.58	241.78	434.97	-
Current Portion of Long-Term Debt	833.36	501.33	442.07	261	221.02
Current Portion of Leases	-	-	1.3	1.28	1.25
Current Income Taxes Payable	6.04	17.68	43.81	35.27	-
Current Unearned Revenue	-	10.18	-	25.29	19.59
Other Current Liabilities	187.12	192.89	334.05	507.21	338.08
Total Current Liabilities	1,387	1,402	1,202	1,451	726.42
Long-Term Debt	-	210	230	90	301
Long-Term Leases	-	-	-	1.3	2.58
Long-Term Unearned Revenue	4.04	-	-	-	-
Long-Term Deferred Tax Liabilities	16.04	16.04	15.05	28.02	16.81
Other Long-Term Liabilities	66.75	75.05	93.58	47.01	423.07
Total Liabilities	1,474	1,703	1,541	1,617	1,470
Common Stock	14.14	14.14	14.14	14.14	14.14
Additional Paid-In Capital	-	90.39	162.89	341.55	390.61
Retained Earnings	-	2,839	2,398	1,894	1,150
Comprehensive Income & Other	2,944	212.66	212.66	212.66	212.66
Total Common Equity	2,958	3,156	2,788	2,463	1,768
Shareholders' Equity	2,958	3,156	2,788	2,463	1,768
Total Liabilities & Equity	4,432	4,859	4,329	4,080	3,238
Total Debt	1,053	1,187	915.15	788.55	525.84
Net Cash (Debt)	-951.84	-1,010	-785.19	-586.49	-344.99
Net Cash Per Share	-0.59	-0.63	-0.49	-0.37	-0.22
Filing Date Shares Outstanding	1,600	1,600	1,600	1,600	1,600
Total Common Shares Outstanding	1,600	1,600	1,600	1,600	1,600
Working Capital	-670.48	-265.71	-179.66	-299.78	-49.65
Book Value Per Share	1.85	1.97	1.74	1.54	1.10
Tangible Book Value	2,958	3,156	2,788	2,463	1,768
Tangible Book Value Per Share	1.85	1.97	1.74	1.54	1.10
Buildings	-	350.11	304.21	293.1	188.75
Machinery	-	1,177	1,092	1,052	900.02
Construction In Progress	-	76.74	90.1	92.67	132.28

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.