China Oilfield Services 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	8,718	7,578	5,974	6,539	4,121	5,113
Short-Term Investments	-	-	-	1,676	-	-
Trading Asset Securities	3,011	5,502	5,501	4,501	5,106	5,704
Cash & Short-Term Investments	11,729	13,080	11,475	12,717	9,227	10,817
Cash Growth	49.02%	13.99%	-9.77%	37.81%	-14.70%	-17.60%
Accounts Receivable	19,070	15,041	14,341	14,647	14,254	10,693
Other Receivables	126.49	58.1	136.93	110.25	123.06	193.55
Receivables	19,196	15,099	14,478	14,757	14,377	10,887
Inventory	2,833	2,429	2,296	2,370	2,576	2,625
Other Current Assets	931.45	591.01	417.13	426.39	1,929	953.14
Total Current Assets	34,689	31,199	28,666	30,270	28,110	25,282
Property, Plant & Equipment	46,589	47,882	48,711	47,253	43,216	42,320
Long-Term Investments	1,257	1,259	1,194	1,064	2,605	2,804
Other Intangible Assets	530.23	548.72	593.95	599.37	687.93	519.25
Long-Term Accounts Receivable	-	-	-	-	-	4.62
Long-Term Deferred Tax Assets	118.99	67.94	28.54	59.11	26.64	174.96
Long-Term Deferred Charges	2,681	3,322	3,516	3,584	2,303	1,968
Other Long-Term Assets	573.48	184.65	238.23	415.93	212.83	239.68
Total Assets	86,438	84,463	82,948	83,246	77,161	73,312
Accounts Payable	13,697	5,574	5,575	4,792	3,668	3,120
Accrued Expenses	1,629	8,142	8,130	7,112	6,326	4,537
Short-Term Debt	5,295	6,434	2,516	5,426	5,935	2,232
Current Portion of Long-Term Debt	3,755	3,092	7,346	159.02	890.51	8,141
Current Portion of Leases	-	641.98	468.14	304.97	437.19	342.01
Current Income Taxes Payable	539.61	273.77	453.83	454.38	94.94	338.97
Current Unearned Revenue	870.22	843.31	1,047	1,207	759.72	545.11
Other Current Liabilities	1,373	4,519	4,068	3,909	3,180	2,752
Total Current Liabilities	27,159	29,519	29,603	23,365	21,292	22,009
Long-Term Debt	9,208	5,604	6,817	14,989	14,387	12,161
Long-Term Leases	1,022	1,122	756.12	742.22	569.59	568.08
Long-Term Unearned Revenue	501.7	602.03	879.51	1,479	663.3	267.34
Pension & Post-Retirement Benefits	23.49	-	-	-	-	-
Long-Term Deferred Tax Liabilities	81.13	136.33	277.63	387.71	244.52	38.67
Other Long-Term Liabilities	299.77	327.73	189.59	26.87	28.33	51.86
Total Liabilities	38,295	37,312	38,523	40,990	37,185	35,095
Common Stock	4,772	4,772	4,772	4,772	4,772	4,772
Additional Paid-In Capital	-	12,362	12,362	12,362	12,366	12,366
Retained Earnings	30,827	29,971	27,230	25,095	22,845	21,131
Comprehensive Income & Other	11,912	-531.8	-566.32	-585.5	-574.01	-235.58
Total Common Equity	47,510	46,573	43,797	41,643	39,409	38,033
Minority Interest	633.08	577.96	627.37	613.09	566.8	183.5
Shareholders' Equity	48,143	47,151	44,425	42,256	39,976	38,216
Total Liabilities & Equity	86,438	84,463	82,948	83,246	77,161	73,312
Total Debt	19,280	16,894	17,903	21,622	22,219	23,444
Net Cash (Debt)	-7,551	-3,814	-6,428	-8,905	-12,992	-12,627
Net Cash Per Share	-1.58	-0.80	-1.35	-1.87	-2.72	-2.65
Filing Date Shares Outstanding	4,772	4,772	4,772	4,772	4,772	4,772
Total Common Shares Outstanding	4,772	4,772	4,772	4,772	4,772	4,772
Working Capital	7,530	1,679	-936.73	6,905	6,818	3,273
Book Value Per Share	9.96	9.76	9.18	8.73	8.26	7.97
Tangible Book Value	46,980	46,024	43,203	41,044	38,721	37,514
Tangible Book Value Per Share	9.85	9.65	9.05	8.60	8.11	7.86
Buildings	-	1,788	1,795	1,790	1,784	1,640
Machinery	-	42,246	40,928	39,258	35,575	32,386
Construction In Progress	-	3,852	3,499	2,745	2,523	2,380

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