Beijing Jingneng Power 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	6,282	4,655	3,513	4,655	4,375	4,002
Short-Term Investments	-	-	-	50	-	-
Accounts Receivable	5,712	4,722	4,802	5,269	4,704	4,311
Other Receivables	146.42	215.89	264.94	438.22	433.51	657.09
Inventory	849.49	1,469	2,311	1,389	1,149	1,571
Prepaid Expenses	-	-	40.53	16.98	14.35	32.91
Other Current Assets	1,833	1,948	1,933	1,577	654.31	817.61
Total Current Assets	14,823	13,010	12,865	13,395	11,330	11,391
Property, Plant & Equipment	66,202	66,859	65,342	62,541	56,749	53,462
Goodwill	7.42	7.42	7.42	7.42	7.42	7.42
Other Intangible Assets	2,802	2,832	2,799	2,322	2,090	2,129
Long-Term Investments	15,472	15,249	13,805	13,439	13,210	12,150
Long-Term Deferred Tax Assets	199.85	199.85	141.17	43.19	42.74	9.67
Long-Term Deferred Charges	506.87	496.43	487.2	455.34	448.06	294.07
Other Long-Term Assets	1,499	1,573	1,487	3,092	834.98	3,182
Total Assets	101,512	100,226	96,934	95,295	84,713	82,626
Accounts Payable	8,444	8,635	3,033	3,413	3,698	7,279
Accrued Expenses	270.69	205.56	3,424	3,344	3,175	286.41
Short-Term Debt	10,915	12,781	9,237	10,560	9,560	10,322
Current Portion of Long-Term Debt	6,813	7,072	6,867	4,331	4,499	5,780
Current Unearned Revenue	74.5	280.68	163.73	150.79	119.08	74.2
Current Portion of Leases	-	-	101.77	112.93	239.25	297.83
Current Income Taxes Payable	454.3	445.84	75.86	60.92	41.64	10.25
Other Current Liabilities	4,165	1,465	2,362	1,952	1,782	1,164
Total Current Liabilities	31,136	30,885	25,264	23,924	23,113	25,214
Long-Term Debt	24,257	24,656	34,145	34,942	29,765	26,994
Long-Term Leases	1,300	1,974	1,775	1,846	1,864	2,561
Long-Term Unearned Revenue	884.82	801.43	336.52	306.64	273.51	243.35
Pension & Post-Retirement Benefits	-	-	122.39	119.43	121.47	-
Long-Term Deferred Tax Liabilities	91.33	91.33	102.35	53.53	58.98	33.81
Other Long-Term Liabilities	6,575	5,990	2.81	100.75	102.85	1,299
Total Liabilities	64,243	64,397	61,749	61,292	55,299	56,345
Common Stock	6,695	6,695	6,695	6,695	6,694	6,683
Additional Paid-In Capital	7,976	7,976	8,251	8,875	8,204	8,158
Retained Earnings	10,236	9,134	6,721	5,917	5,910	5,171
Comprehensive Income & Other	4,808	4,753	6,641	6,593	3,600	1,580
Total Common Equity	29,715	28,558	28,308	28,080	24,408	21,591
Minority Interest	7,554	7,271	6,877	5,923	5,006	4,690
Shareholders' Equity	37,269	35,829	35,185	34,003	29,414	26,281
Total Liabilities & Equity	101,512	100,226	96,934	95,295	84,713	82,626
Total Debt	43,285	46,482	52,126	51,791	45,927	45,954
Net Cash (Debt)	-37,003	-41,827	-48,613	-47,086	-41,552	-41,952
Net Cash Per Share	-5.31	-5.93	-6.49	-5.88	-6.21	-6.33
Filing Date Shares Outstanding	6,883	7,103	6,695	6,695	6,694	6,683
Total Common Shares Outstanding	6,883	7,103	6,695	6,695	6,694	6,683
Working Capital	-16,312	-17,875	-12,399	-10,529	-11,783	-13,822
Book Value Per Share	4.32	4.02	3.26	3.22	3.12	3.01
Tangible Book Value	26,905	25,718	25,501	25,750	22,311	19,454
Tangible Book Value Per Share	3.91	3.62	2.84	2.88	2.81	2.69
Buildings	-	-	25,608	25,119	23,220	22,162
Machinery	-	-	67,808	64,279	53,181	49,324
Construction In Progress	-	-	6,279	4,072	7,033	4,607

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