Bestsun Energy Co., Ltd. (SHA:600681)

Bestsun Energy Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	643.4	685.86	591	1,104	605.07
Trading Asset Securities	-	-	-	-	60.1
Accounts Receivable	198.46	275.57	409.33	475.61	710.53
Other Receivables	6.73	30.89	8.91	9.95	15
Inventory	262.14	284.75	279.49	275.33	302.29
Prepaid Expenses	-	22.08	29.58	40.47	10.3
Other Current Assets	181.64	110.28	130.12	130.54	212.07
Total Current Assets	1,292	1,409	1,448	2,036	1,915
Property, Plant & Equipment	4,255	4,266	4,180	3,991	3,927
Goodwill	1,333	1,345	1,345	1,267	1,271
Other Intangible Assets	615.52	650.32	683.31	715.5	747.07
Long-Term Investments	41.65	42.15	34.4	35.88	34.56
Long-Term Deferred Tax Assets	85.17	67.95	74.8	40.14	38.12
Long-Term Deferred Charges	2.53	1.63	0.81	0.76	5.27
Long-Term Accounts Receivable	-	-	-	0.78	7.08
Other Long-Term Assets	83.03	88.56	58.71	63.99	68.94
Total Assets	7,708	7,871	7,826	8,152	8,014
Accounts Payable	297.92	590.4	511.91	351.57	366.1
Accrued Expenses	42.77	59.52	57.86	67.87	58.32
Short-Term Debt	434.58	426.52	159.99	282	280.6
Current Portion of Long-Term Debt	692.65	221.04	478.67	47.5	3.02
Current Unearned Revenue	993.33	862.41	985.87	1,325	1,299
Current Portion of Leases	-	15.16	4.77	86.73	23.59
Current Income Taxes Payable	166.79	75.43	133.26	149.06	132.69
Other Current Liabilities	71.3	70.77	84.62	67.86	83.9
Total Current Liabilities	2,699	2,321	2,417	2,378	2,248
Long-Term Debt	477.9	1,121	1,010	1,098	655.98
Long-Term Leases	0.62	35.69	0.85	72.63	143.2
Long-Term Unearned Revenue	243.29	197.68	178.74	167.9	162.46
Long-Term Deferred Tax Liabilities	310.51	341.13	314.63	279.3	308.93
Other Long-Term Liabilities	154.63	54.49	75.97	90.87	111.19
Total Liabilities	3,886	4,071	3,997	4,087	3,629
Common Stock	990.68	990.68	1,013	1,013	1,093
Additional Paid-In Capital	418.63	417.79	495.69	494.25	910.57
Retained Earnings	2,223	2,199	2,233	2,383	2,540
Treasury Stock	-	-	-100.06	-19.25	-361.05
Comprehensive Income & Other	37.23	30.41	31.74	38.87	55.83
Total Common Equity	3,670	3,638	3,673	3,910	4,238
Minority Interest	151.72	162.08	154.88	155.41	146.5
Shareholders' Equity	3,822	3,800	3,828	4,065	4,384
Total Liabilities & Equity	7,708	7,871	7,826	8,152	8,014
Total Debt	1,606	1,819	1,654	1,587	1,106
Net Cash (Debt)	-962.35	-1,133	-1,063	-482.84	-441.23
Net Cash Per Share	-0.72	-0.85	-0.79	-0.35	-0.31
Filing Date Shares Outstanding	1,340	1,341	1,341	1,359	1,363
Total Common Shares Outstanding	1,340	1,341	1,341	1,359	1,389
Working Capital	-1,407	-911.82	-968.51	-341.18	-332.31
Book Value Per Share	2.74	2.71	2.74	2.88	3.05
Tangible Book Value	1,722	1,643	1,645	1,927	2,220
Tangible Book Value Per Share	1.28	1.23	1.23	1.42	1.60
Buildings	-	607.14	608.55	582.22	492.86
Machinery	-	1,167	977.27	801.58	742.34
Construction In Progress	-	192.56	235.97	378.54	449.59

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.