Wintime Energy Group 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	2,171	2,457	1,774	1,791	2,188	1,730
Cash & Short-Term Investments	2,171	2,457	1,774	1,791	2,188	1,730
Cash Growth	-6.43%	38.49%	-0.96%	-18.14%	26.50%	1.16%
Accounts Receivable	2,559	2,530	3,872	3,729	3,462	4,258
Other Receivables	1,615	1,361	2,387	1,847	1,815	2,162
Receivables	4,175	3,891	6,260	5,575	5,276	6,420
Inventory	733.7	1,006	853.26	810.92	1,198	810.45
Prepaid Expenses	-	5.38	14.73	3.82	2.73	75.86
Other Current Assets	920.94	684.9	770.06	792.24	718.7	1,385
Total Current Assets	8,000	8,044	9,672	8,973	9,384	10,421
Property, Plant & Equipment	33,261	33,416	33,122	32,794	31,708	31,636
Long-Term Investments	3,616	3,617	3,611	3,920	4,692	5,109
Goodwill	4,580	4,580	4,580	4,580	4,580	4,580
Other Intangible Assets	57,375	57,509	53,116	53,493	50,654	49,688
Long-Term Deferred Tax Assets	711.37	721.14	740.62	564.29	602.31	445.76
Long-Term Deferred Charges	764.28	837.91	667.19	516.52	453	671.27
Other Long-Term Assets	2,420	2,426	2,267	2,241	1,788	1,820
Total Assets	110,728	111,152	107,775	107,083	103,861	104,371
Accounts Payable	9,484	6,351	5,173	4,636	4,457	3,082
Accrued Expenses	388.55	1,728	1,519	1,653	1,161	1,291
Short-Term Debt	3,763	3,509	3,291	3,270	3,215	3,462
Current Portion of Long-Term Debt	-	2,210	2,043	2,149	1,771	2,543
Current Portion of Leases	-	108.48	86.61	58.86	11.89	13.03
Current Income Taxes Payable	368.18	103.7	235.45	315.62	547.64	672.34
Current Unearned Revenue	1,200	1,058	695.45	750.83	649.65	1,014
Other Current Liabilities	19,844	19,211	11,543	8,829	9,029	7,590
Total Current Liabilities	35,049	34,278	24,586	21,663	20,843	19,668
Long-Term Debt	11,376	12,914	15,056	15,392	16,978	18,861
Long-Term Leases	86.47	109.41	152.8	5,437	6,235	7,209
Long-Term Unearned Revenue	24.14	24.51	25.91	6.89	0.92	0.21
Long-Term Deferred Tax Liabilities	1,042	1,045	1,041	993.58	915.67	759.71
Other Long-Term Liabilities	8,791	8,538	14,879	12,377	11,305	11,706
Total Liabilities	56,368	56,910	55,741	55,869	56,278	58,204
Common Stock	21,818	21,818	22,218	22,218	22,218	22,218
Additional Paid-In Capital	13,114	13,114	13,215	13,189	13,185	13,186
Retained Earnings	14,237	14,176	13,967	12,529	10,263	8,354
Treasury Stock	-5.53	-5.53	-229.06	-	-	-
Comprehensive Income & Other	-2,248	-2,289	-2,026	-1,549	-1,648	-1,299
Total Common Equity	46,916	46,813	47,145	46,387	44,018	42,459
Minority Interest	7,444	7,430	4,889	4,827	3,565	3,707
Shareholders' Equity	54,360	54,243	52,034	51,214	47,583	46,167
Total Liabilities & Equity	110,728	111,152	107,775	107,083	103,861	104,371
Total Debt	15,225	18,851	20,629	26,307	28,211	32,088
Net Cash (Debt)	-13,054	-16,394	-18,855	-24,516	-26,023	-30,358
Net Cash Per Share	-0.60	-0.75	-0.85	-1.10	-1.17	-1.37
Filing Date Shares Outstanding	21,814	21,814	22,014	22,218	22,218	22,218
Total Common Shares Outstanding	21,814	21,814	22,014	22,218	22,218	22,218
Working Capital	-27,049	-26,234	-14,914	-12,690	-11,460	-9,248
Book Value Per Share	2.15	2.15	2.14	2.09	1.98	1.91
Tangible Book Value	-15,039	-15,277	-10,551	-11,686	-11,216	-11,809
Tangible Book Value Per Share	-0.69	-0.70	-0.48	-0.53	-0.50	-0.53
Buildings	-	13,006	13,036	12,801	12,606	9,760
Machinery	-	30,911	30,219	29,546	28,208	27,401
Construction In Progress	-	4,818	3,575	2,690	1,912	4,630

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