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

Bestsun Energy Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	562.83	643.4	685.86	591	1,104	605.07
Trading Asset Securities	20	-	-	-	-	60.1
Accounts Receivable	272.52	198.46	275.57	409.33	475.61	710.53
Other Receivables	22.88	6.73	30.89	8.91	9.95	15
Inventory	272.49	262.14	284.75	279.49	275.33	302.29
Prepaid Expenses	-	11.61	22.08	29.58	40.47	10.3
Other Current Assets	178.49	170.03	110.28	130.12	130.54	212.07
Total Current Assets	1,329	1,292	1,409	1,448	2,036	1,915
Property, Plant & Equipment	4,379	4,255	4,266	4,180	3,991	3,927
Goodwill	1,348	1,333	1,345	1,345	1,267	1,271
Other Intangible Assets	598.95	615.52	650.32	683.31	715.5	747.07
Long-Term Investments	17.93	41.65	42.15	34.4	35.88	34.56
Long-Term Deferred Tax Assets	92.66	85.17	67.95	74.8	40.14	38.12
Long-Term Deferred Charges	2.03	2.53	1.63	0.81	0.76	5.27
Long-Term Accounts Receivable	-	-	-	-	0.78	7.08
Other Long-Term Assets	101.42	83.03	88.56	58.71	63.99	68.94
Total Assets	7,869	7,708	7,871	7,826	8,152	8,014
Accounts Payable	340.06	297.92	590.4	511.91	351.57	366.1
Accrued Expenses	11.05	54.91	59.52	57.86	67.87	58.32
Short-Term Debt	1,116	434.58	426.52	159.99	282	280.6
Current Portion of Long-Term Debt	-	640.93	221.04	478.67	47.5	3.02
Current Unearned Revenue	661.92	993.8	862.41	985.87	1,325	1,299
Current Portion of Leases	-	51.72	15.16	4.77	86.73	23.59
Current Income Taxes Payable	102.94	142.78	75.43	133.26	149.06	132.69
Other Current Liabilities	470.75	82.7	70.77	84.62	67.86	83.9
Total Current Liabilities	2,703	2,699	2,321	2,417	2,378	2,248
Long-Term Debt	737.46	477.9	1,121	1,010	1,098	655.98
Long-Term Leases	-	119.29	35.69	0.85	72.63	143.2
Long-Term Unearned Revenue	234.67	243.29	197.68	178.74	167.9	162.46
Long-Term Deferred Tax Liabilities	332.11	310.51	341.13	314.63	279.3	308.93
Other Long-Term Liabilities	119.2	35.96	54.49	75.97	90.87	111.19
Total Liabilities	4,126	3,886	4,071	3,997	4,087	3,629
Common Stock	990.68	990.68	990.68	1,013	1,013	1,093
Additional Paid-In Capital	372.68	418.63	417.79	495.69	494.25	910.57
Retained Earnings	2,194	2,223	2,199	2,233	2,383	2,540
Treasury Stock	-	-	-	-100.06	-19.25	-361.05
Comprehensive Income & Other	48.32	37.23	30.41	31.74	38.87	55.83
Total Common Equity	3,605	3,670	3,638	3,673	3,910	4,238
Minority Interest	138.01	151.72	162.08	154.88	155.41	146.5
Shareholders' Equity	3,743	3,822	3,800	3,828	4,065	4,384
Total Liabilities & Equity	7,869	7,708	7,871	7,826	8,152	8,014
Total Debt	1,854	1,724	1,819	1,654	1,587	1,106
Net Cash (Debt)	-1,271	-1,081	-1,133	-1,063	-482.84	-441.23
Net Cash Per Share	-0.95	-0.81	-0.85	-0.79	-0.35	-0.31
Filing Date Shares Outstanding	1,341	1,341	1,341	1,341	1,359	1,363
Total Common Shares Outstanding	1,341	1,341	1,341	1,341	1,359	1,389
Working Capital	-1,374	-1,407	-911.82	-968.51	-341.18	-332.31
Book Value Per Share	2.69	2.74	2.71	2.74	2.88	3.05
Tangible Book Value	1,658	1,722	1,643	1,645	1,927	2,220
Tangible Book Value Per Share	1.24	1.28	1.23	1.23	1.42	1.60
Buildings	-	629.31	607.14	608.55	582.22	492.86
Machinery	-	1,219	1,167	977.27	801.58	742.34
Construction In Progress	-	149.44	192.56	235.97	378.54	449.59

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