Hunan Corun New Energy 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	3,243	2,468	1,648	1,528	1,153	856.62
Short-Term Investments	-	-	-	-	0.14	-
Trading Asset Securities	-	-	-	4.2	-	3.05
Cash & Short-Term Investments	3,243	2,468	1,648	1,533	1,153	859.67
Cash Growth	55.53%	49.73%	7.53%	32.88%	34.16%	23.24%
Accounts Receivable	1,089	1,590	569.18	389.91	477.55	465.9
Other Receivables	384.84	308.02	81.35	134.23	136.95	145.42
Receivables	1,474	1,898	650.54	524.15	614.5	611.32
Inventory	626.98	363.51	258.63	343.06	393.74	279.86
Prepaid Expenses	-	-	-	0.53	0.04	0.53
Other Current Assets	265.93	193.31	145.07	250.65	200.25	159.38
Total Current Assets	5,610	4,922	2,702	2,651	2,362	1,911
Property, Plant & Equipment	2,411	2,448	2,720	2,661	2,335	1,945
Long-Term Investments	2,109	2,002	1,809	1,802	1,840	684.98
Goodwill	157.27	158.59	159.68	159.01	168.31	-
Other Intangible Assets	949.78	963.45	1,021	1,021	1,047	1,033
Long-Term Accounts Receivable	-	-	-	-	12.19	12.06
Long-Term Deferred Tax Assets	160.09	157.24	136.63	105.02	49.33	21.95
Long-Term Deferred Charges	127.87	117.99	98.57	80.96	59.39	650.86
Other Long-Term Assets	446.12	434.87	283.17	315.17	116.52	68.91
Total Assets	11,971	11,205	8,930	8,796	7,990	6,328
Accounts Payable	2,745	2,697	1,235	1,250	1,189	561.29
Accrued Expenses	25.03	42.33	62.85	48.02	87.99	45.99
Short-Term Debt	2,874	2,201	1,719	1,612	1,172	937.55
Current Portion of Long-Term Debt	1,233	1,335	758.57	460.44	248	-
Current Portion of Leases	-	-	21.83	27.19	16.35	2.27
Current Income Taxes Payable	68.98	96.14	23.79	14.21	49.56	24.35
Current Unearned Revenue	41.05	20.21	19.19	20.17	10.9	23.93
Other Current Liabilities	202.97	295.98	343.33	316.34	195.44	187.39
Total Current Liabilities	7,190	6,688	4,183	3,749	2,969	1,783
Long-Term Debt	1,150	1,009	773.97	1,094	671.35	571.29
Long-Term Leases	16.02	17.65	102.96	95.36	128.73	161.25
Long-Term Unearned Revenue	34.19	38.47	57.03	74.34	106.58	136.27
Long-Term Deferred Tax Liabilities	150.38	151.25	156.59	159.19	166.97	18.13
Other Long-Term Liabilities	351.59	255.15	478.26	461.59	600	600
Total Liabilities	8,892	8,159	5,752	5,634	4,642	3,270
Common Stock	1,666	1,666	1,666	1,666	1,656	1,653
Additional Paid-In Capital	1,411	1,411	1,400	1,406	1,403	1,431
Retained Earnings	-46.47	-85.22	-225.59	-278.75	-209.7	-388.81
Treasury Stock	-	-	-	-	-	-24.22
Comprehensive Income & Other	-98.32	-92.98	-92.72	-81.02	-72.4	-62.05
Total Common Equity	2,932	2,899	2,748	2,712	2,777	2,609
Minority Interest	147.78	147.25	430.59	450.34	570.54	448.87
Shareholders' Equity	3,080	3,046	3,178	3,162	3,348	3,058
Total Liabilities & Equity	11,971	11,205	8,930	8,796	7,990	6,328
Total Debt	5,273	4,562	3,376	3,289	2,236	1,672
Net Cash (Debt)	-2,029	-2,095	-1,728	-1,757	-1,083	-812.69
Net Cash Per Share	-1.21	-1.25	-1.04	-1.05	-0.65	-0.48
Filing Date Shares Outstanding	1,685	1,662	1,666	1,666	1,656	1,647
Total Common Shares Outstanding	1,685	1,662	1,666	1,666	1,656	1,647
Working Capital	-1,579	-1,766	-1,481	-1,098	-606.98	127.99
Book Value Per Share	1.74	1.74	1.65	1.63	1.68	1.58
Tangible Book Value	1,825	1,777	1,567	1,531	1,562	1,576
Tangible Book Value Per Share	1.08	1.07	0.94	0.92	0.94	0.96
Buildings	-	-	1,335	1,328	1,229	1,034
Machinery	-	-	2,204	2,168	1,879	1,632
Construction In Progress	-	-	409.85	230.46	115.14	75.72

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