Xinjiang Tianfu Energy Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,724	2,181	1,624	1,745	1,657	2,046
Accounts Receivable	3,924	3,343	2,842	2,651	1,707	1,787
Other Receivables	96.42	168.53	106.4	161.85	210.53	169.76
Inventory	254.55	467.43	465.96	285.89	547.52	364.28
Prepaid Expenses	-	25.36	46.92	40.93	39.08	25.78
Other Current Assets	903.77	796.21	213.88	190.47	328.14	258.21
Total Current Assets	6,902	6,981	5,299	5,075	4,490	4,651
Property, Plant & Equipment	22,135	22,231	16,932	15,386	16,146	16,488
Goodwill	46.22	46.22	46.22	46.22	46.53	68.75
Other Intangible Assets	195.9	192.49	199	176.01	179.8	181.37
Long-Term Investments	611.82	624.48	640.28	641.11	660.57	289.18
Long-Term Deferred Tax Assets	319.35	300.85	192.57	133.3	96.64	89.37
Long-Term Deferred Charges	25.25	13.73	19.27	25.18	34.77	60.98
Other Long-Term Assets	261.93	175.32	157.67	353.45	153.71	104.6
Total Assets	30,498	30,565	23,486	21,837	21,808	21,933
Accounts Payable	2,740	1,833	1,329	947.21	401.92	852.36
Accrued Expenses	124.16	119.75	124.53	134.12	135.96	72.43
Short-Term Debt	1,110	3,141	2,848	3,189	2,333	2,198
Current Portion of Long-Term Debt	314.06	1,625	1,533	1,561	804.82	-
Current Unearned Revenue	1,182	1,110	1,085	973.32	1,357	1,544
Current Portion of Leases	-	68.38	43.79	39.07	39.69	-
Current Income Taxes Payable	58.5	12.74	4.9	5.21	5.77	10.1
Other Current Liabilities	512.99	2,775	1,977	1,733	1,611	2,791
Total Current Liabilities	6,042	10,684	8,945	8,582	6,690	7,468
Long-Term Debt	13,929	9,918	5,541	5,528	6,748	6,080
Long-Term Leases	434.22	496.26	437.94	483.6	811.34	682.97
Long-Term Unearned Revenue	722.73	729.19	773.87	798.25	846.55	876.84
Long-Term Deferred Tax Liabilities	95.92	85.24	51.96	31.22	5.36	5.72
Other Long-Term Liabilities	457.97	196.64	217.06	230.67	246.45	206
Total Liabilities	21,681	22,110	15,967	15,654	15,347	15,320
Common Stock	1,374	1,374	1,379	1,151	1,151	1,151
Additional Paid-In Capital	4,919	4,919	4,946	3,897	3,897	3,897
Retained Earnings	1,394	1,096	1,065	634.04	831.39	901.23
Comprehensive Income & Other	87.03	62.55	26.81	17.75	20.27	17.9
Total Common Equity	7,775	7,451	7,417	5,700	5,900	5,968
Minority Interest	1,042	1,004	102.07	482.8	560.52	645.32
Shareholders' Equity	8,816	8,455	7,519	6,183	6,461	6,613
Total Liabilities & Equity	30,498	30,565	23,486	21,837	21,808	21,933
Total Debt	15,786	15,249	10,404	10,800	10,737	8,961
Net Cash (Debt)	-14,063	-13,068	-8,780	-9,055	-9,080	-6,915
Net Cash Per Share	-10.11	-9.49	-6.94	-7.86	-7.88	-6.00
Filing Date Shares Outstanding	1,374	1,374	1,379	1,151	1,151	1,151
Total Common Shares Outstanding	1,374	1,374	1,379	1,151	1,151	1,151
Working Capital	860.34	-3,703	-3,646	-3,507	-2,200	-2,817
Book Value Per Share	5.66	5.42	5.38	4.95	5.12	5.18
Tangible Book Value	7,532	7,213	7,172	5,478	5,674	5,718
Tangible Book Value Per Share	5.48	5.25	5.20	4.76	4.93	4.97
Buildings	-	6,998	6,126	5,842	5,748	5,785
Machinery	-	22,324	20,638	18,295	17,776	17,111
Construction In Progress	-	4,034	369.64	408.86	760.05	1,237

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.