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

Bestsun Energy Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	501.51	685.86	591	1,104	605.07	1,347
Trading Asset Securities	-	-	-	-	60.1	81.05
Accounts Receivable	298.9	275.57	409.33	475.61	710.53	932.08
Other Receivables	8.37	30.89	8.91	9.95	15	28.83
Inventory	270.77	284.75	279.49	275.33	302.29	361.98
Prepaid Expenses	-	22.08	29.58	40.47	10.3	2.64
Other Current Assets	212.76	110.28	130.12	130.54	212.07	230.72
Total Current Assets	1,292	1,409	1,448	2,036	1,915	2,984
Property, Plant & Equipment	4,242	4,266	4,180	3,991	3,927	3,959
Goodwill	1,347	1,345	1,345	1,267	1,271	1,271
Other Intangible Assets	628.74	650.32	683.31	715.5	747.07	734.28
Long-Term Investments	43.27	42.15	34.4	35.88	34.56	28.61
Long-Term Deferred Tax Assets	81.31	67.95	74.8	40.14	38.12	43.69
Long-Term Deferred Charges	2.85	1.63	0.81	0.76	5.27	17.14
Long-Term Accounts Receivable	-	-	-	0.78	7.08	16.25
Other Long-Term Assets	88.56	88.56	58.71	63.99	68.94	92.71
Total Assets	7,726	7,871	7,826	8,152	8,014	9,147
Accounts Payable	324.38	590.4	511.91	351.57	366.1	512.75
Accrued Expenses	13.34	59.52	57.86	67.87	58.32	89.07
Short-Term Debt	520	426.52	159.99	282	280.6	295.44
Current Portion of Long-Term Debt	755.26	221.04	478.67	47.5	3.02	132.25
Current Unearned Revenue	764.82	862.41	985.87	1,325	1,299	1,401
Current Portion of Leases	-	15.16	4.77	86.73	23.59	50.46
Current Income Taxes Payable	111.61	75.43	133.26	149.06	132.69	137.63
Other Current Liabilities	135.99	70.77	84.62	67.86	83.9	93.92
Total Current Liabilities	2,625	2,321	2,417	2,378	2,248	2,713
Long-Term Debt	669.95	1,121	1,010	1,098	655.98	749
Long-Term Leases	144.82	35.69	0.85	72.63	143.2	442.55
Long-Term Unearned Revenue	233.12	197.68	178.74	167.9	162.46	288.17
Long-Term Deferred Tax Liabilities	325.46	341.13	314.63	279.3	308.93	288.97
Other Long-Term Liabilities	38.47	54.49	75.97	90.87	111.19	-
Total Liabilities	4,037	4,071	3,997	4,087	3,629	4,482
Common Stock	990.68	990.68	1,013	1,013	1,093	1,093
Additional Paid-In Capital	417.79	417.79	495.69	494.25	910.57	929.25
Retained Earnings	2,077	2,199	2,233	2,383	2,540	2,630
Treasury Stock	-	-	-100.06	-19.25	-361.05	-201.04
Comprehensive Income & Other	37.94	30.41	31.74	38.87	55.83	65.96
Total Common Equity	3,523	3,638	3,673	3,910	4,238	4,517
Minority Interest	165.4	162.08	154.88	155.41	146.5	149.03
Shareholders' Equity	3,688	3,800	3,828	4,065	4,384	4,666
Total Liabilities & Equity	7,726	7,871	7,826	8,152	8,014	9,147
Total Debt	2,090	1,819	1,654	1,587	1,106	1,670
Net Cash (Debt)	-1,589	-1,133	-1,063	-482.84	-441.23	-241.51
Net Cash Per Share	-1.18	-0.85	-0.79	-0.35	-0.31	-0.17
Filing Date Shares Outstanding	990.68	1,341	1,341	1,359	1,363	1,419
Total Common Shares Outstanding	990.68	1,341	1,341	1,359	1,389	1,419
Working Capital	-1,333	-911.82	-968.51	-341.18	-332.31	271.43
Book Value Per Share	3.56	2.71	2.74	2.88	3.05	3.18
Tangible Book Value	1,548	1,643	1,645	1,927	2,220	2,512
Tangible Book Value Per Share	1.56	1.23	1.23	1.42	1.60	1.77
Buildings	-	607.14	608.55	582.22	492.86	371.97
Machinery	-	1,167	977.27	801.58	742.34	493.39
Construction In Progress	-	192.56	235.97	378.54	449.59	927.29

Source: S&P Capital IQ. Utility template. Financial Sources.