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 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	1,778	2,571	2,181	1,624	1,745	1,657
Accounts Receivable	3,049	2,791	3,343	2,842	2,651	1,707
Other Receivables	39.5	57.76	168.53	106.4	161.85	210.53
Inventory	197.47	295.91	467.43	465.96	285.89	547.52
Prepaid Expenses	-	-	25.36	46.92	40.93	39.08
Other Current Assets	1,905	868.84	796.21	213.88	190.47	328.14
Total Current Assets	6,969	6,585	6,981	5,299	5,075	4,490
Property, Plant & Equipment	21,542	22,792	22,231	16,932	15,386	16,146
Goodwill	46.22	46.22	46.22	46.22	46.22	46.53
Other Intangible Assets	231.35	231.7	192.49	199	176.01	179.8
Long-Term Investments	464.67	538.27	624.48	640.28	641.11	660.57
Long-Term Deferred Tax Assets	296.81	294.4	300.85	192.57	133.3	96.64
Long-Term Deferred Charges	17.63	18.56	13.73	19.27	25.18	34.77
Other Long-Term Assets	165.07	197.33	175.32	157.67	353.45	153.71
Total Assets	29,732	30,703	30,565	23,486	21,837	21,808
Accounts Payable	1,901	2,443	1,833	1,329	947.21	401.92
Accrued Expenses	138.26	103.23	119.75	124.53	134.12	135.96
Short-Term Debt	749.26	87.11	3,141	2,848	3,189	2,333
Current Portion of Long-Term Debt	1,090	1,995	1,625	1,533	1,561	804.82
Current Unearned Revenue	1,145	1,224	1,110	1,085	973.32	1,357
Current Portion of Leases	-	-	68.38	43.79	39.07	39.69
Current Income Taxes Payable	146.56	96.64	12.74	4.9	5.21	5.77
Other Current Liabilities	931.05	1,479	2,775	1,977	1,733	1,611
Total Current Liabilities	6,101	7,427	10,684	8,945	8,582	6,690
Long-Term Debt	11,290	10,925	9,918	5,541	5,528	6,748
Long-Term Leases	589.12	587.59	496.26	437.94	483.6	811.34
Long-Term Unearned Revenue	680.8	736.78	729.19	773.87	798.25	846.55
Long-Term Deferred Tax Liabilities	8.97	10.09	85.24	51.96	31.22	5.36
Other Long-Term Liabilities	169.45	321.49	196.64	217.06	230.67	246.45
Total Liabilities	18,839	20,008	22,110	15,967	15,654	15,347
Common Stock	1,374	1,374	1,374	1,379	1,151	1,151
Additional Paid-In Capital	4,919	4,919	4,919	4,946	3,897	3,897
Retained Earnings	1,009	1,216	1,096	1,065	634.04	831.39
Comprehensive Income & Other	469.61	77.67	62.55	26.81	17.75	20.27
Total Common Equity	7,772	7,587	7,451	7,417	5,700	5,900
Minority Interest	3,121	3,108	1,004	102.07	482.8	560.52
Shareholders' Equity	10,893	10,695	8,455	7,519	6,183	6,461
Total Liabilities & Equity	29,732	30,703	30,565	23,486	21,837	21,808
Total Debt	13,718	13,594	15,249	10,404	10,800	10,737
Net Cash (Debt)	-11,940	-11,023	-13,068	-8,780	-9,055	-9,080
Net Cash Per Share	-	-8.02	-9.49	-6.94	-7.86	-7.88
Filing Date Shares Outstanding	-	1,375	1,374	1,379	1,151	1,151
Total Common Shares Outstanding	-	1,375	1,374	1,379	1,151	1,151
Working Capital	867.9	-842.42	-3,703	-3,646	-3,507	-2,200
Book Value Per Share	-	5.52	5.42	5.38	4.95	5.12
Tangible Book Value	7,495	7,309	7,213	7,172	5,478	5,674
Tangible Book Value Per Share	-	5.32	5.25	5.20	4.76	4.93
Buildings	-	-	6,998	6,126	5,842	5,748
Machinery	-	-	22,324	20,638	18,295	17,776
Construction In Progress	-	-	4,034	369.64	408.86	760.05

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.