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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	711.49	643.4	685.86	591	1,104	605.07
Trading Asset Securities	10	-	-	-	-	60.1
Accounts Receivable	313.58	198.46	275.57	409.33	475.61	710.53
Other Receivables	-	6.73	30.89	8.91	9.95	15
Inventory	285.77	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	178.43	170.03	110.28	130.12	130.54	212.07
Total Current Assets	1,499	1,292	1,409	1,448	2,036	1,915
Property, Plant & Equipment	4,230	4,255	4,266	4,180	3,991	3,927
Goodwill	1,333	1,333	1,345	1,345	1,267	1,271
Other Intangible Assets	605.75	615.52	650.32	683.31	715.5	747.07
Long-Term Investments	41.52	41.65	42.15	34.4	35.88	34.56
Long-Term Deferred Tax Assets	87.21	85.17	67.95	74.8	40.14	38.12
Long-Term Deferred Charges	2.28	2.53	1.63	0.81	0.76	5.27
Long-Term Accounts Receivable	-	-	-	-	0.78	7.08
Other Long-Term Assets	82.52	83.03	88.56	58.71	63.99	68.94
Total Assets	7,882	7,708	7,871	7,826	8,152	8,014
Accounts Payable	276.85	297.92	590.4	511.91	351.57	366.1
Accrued Expenses	11.24	54.91	59.52	57.86	67.87	58.32
Short-Term Debt	781.1	434.58	426.52	159.99	282	280.6
Current Portion of Long-Term Debt	614.71	640.93	221.04	478.67	47.5	3.02
Current Unearned Revenue	671.87	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	173.1	142.78	75.43	133.26	149.06	132.69
Other Current Liabilities	64.53	82.7	70.77	84.62	67.86	83.9
Total Current Liabilities	2,593	2,699	2,321	2,417	2,378	2,248
Long-Term Debt	648.26	477.9	1,121	1,010	1,098	655.98
Long-Term Leases	118.82	119.29	35.69	0.85	72.63	143.2
Long-Term Unearned Revenue	249.83	243.29	197.68	178.74	167.9	162.46
Long-Term Deferred Tax Liabilities	304.81	310.51	341.13	314.63	279.3	308.93
Other Long-Term Liabilities	31.91	35.96	54.49	75.97	90.87	111.19
Total Liabilities	3,947	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	418.63	418.63	417.79	495.69	494.25	910.57
Retained Earnings	2,328	2,223	2,199	2,233	2,383	2,540
Treasury Stock	-	-	-	-100.06	-19.25	-361.05
Comprehensive Income & Other	40.8	37.23	30.41	31.74	38.87	55.83
Total Common Equity	3,778	3,670	3,638	3,673	3,910	4,238
Minority Interest	156.59	151.72	162.08	154.88	155.41	146.5
Shareholders' Equity	3,934	3,822	3,800	3,828	4,065	4,384
Total Liabilities & Equity	7,882	7,708	7,871	7,826	8,152	8,014
Total Debt	2,163	1,724	1,819	1,654	1,587	1,106
Net Cash (Debt)	-1,441	-1,081	-1,133	-1,063	-482.84	-441.23
Net Cash Per Share	-1.08	-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	-1,094	-1,407	-911.82	-968.51	-341.18	-332.31
Book Value Per Share	2.82	2.74	2.71	2.74	2.88	3.05
Tangible Book Value	1,840	1,722	1,643	1,645	1,927	2,220
Tangible Book Value Per Share	1.37	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 Oct 30, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.