Top Energy Company Ltd.Shanxi (SHA:600780)

SHA:600780 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	2,508	2,470	2,216	2,013	1,652	1,434
Trading Asset Securities	5.19	5.41	4	3.3	3.21	3.12
Accounts Receivable	905.74	964.12	930.38	1,209	292.48	338.67
Other Receivables	75.83	172.25	15.72	52.4	26.71	43.46
Inventory	161.08	158.86	103.48	117.25	97.42	112.18
Prepaid Expenses	-	-	0.09	-	-	0.29
Other Current Assets	73.06	15.59	60.29	29.13	105.01	150.34
Total Current Assets	3,729	3,786	3,330	3,424	2,177	2,082
Property, Plant & Equipment	4,536	4,640	4,888	4,987	5,119	5,180
Other Intangible Assets	143.77	144.62	146.51	138.34	126.83	133.12
Long-Term Investments	1,801	1,751	1,594	1,308	976.53	715.85
Long-Term Deferred Tax Assets	195.23	195.23	222.13	175.86	163.74	151.81
Long-Term Deferred Charges	0.34	0.2	0.23	0.25	0.27	0.3
Other Long-Term Assets	26.66	19.38	2.95	5.26	8.42	11.11
Total Assets	10,433	10,536	10,184	10,039	8,572	8,274
Accounts Payable	1,161	475.8	494.46	618.76	579.58	507.09
Accrued Expenses	174.16	922.98	749.04	1,088	252.83	197.48
Short-Term Debt	-	-	30	420	320	100.09
Current Portion of Long-Term Debt	168.73	226.45	83.31	99.81	100.31	-
Current Unearned Revenue	366.39	402.15	437.32	444.37	607.38	581.53
Current Portion of Leases	-	127.06	121.23	8.27	7.89	-
Current Income Taxes Payable	176.72	66.94	53.13	41.95	19.93	37.24
Other Current Liabilities	128.7	252.56	247.68	219.21	246.39	333.33
Total Current Liabilities	2,176	2,474	2,216	2,940	2,134	1,757
Long-Term Debt	168.09	154.98	274.54	316.34	530.23	745.95
Long-Term Leases	-	-	126.72	17.74	26.01	-
Long-Term Unearned Revenue	168.41	172.76	149.07	134.54	135.85	132.87
Pension & Post-Retirement Benefits	1.2	1.2	1.09	1.32	1.72	2.49
Long-Term Deferred Tax Liabilities	78.01	78.07	102.11	40.66	25.64	16.82
Total Liabilities	2,592	2,881	2,870	3,451	2,854	2,655
Common Stock	1,147	1,147	1,147	1,147	1,147	1,147
Additional Paid-In Capital	1,325	1,319	1,309	1,295	1,303	1,283
Retained Earnings	5,311	5,143	4,836	4,157	3,301	3,218
Comprehensive Income & Other	95.33	82.9	56.6	23.68	-	-
Total Common Equity	7,878	7,692	7,349	6,622	5,750	5,648
Minority Interest	-36.6	-36.29	-35.04	-33.77	-31.94	-29.34
Shareholders' Equity	7,841	7,655	7,314	6,589	5,718	5,619
Total Liabilities & Equity	10,433	10,536	10,184	10,039	8,572	8,274
Total Debt	336.81	508.5	635.8	862.16	984.44	846.04
Net Cash (Debt)	2,177	1,967	1,584	1,154	670.84	590.61
Net Cash Growth	31.07%	24.19%	37.27%	72.00%	13.58%	227.11%
Net Cash Per Share	1.90	1.72	1.38	1.01	0.59	0.52
Filing Date Shares Outstanding	1,147	1,147	1,147	1,147	1,147	1,147
Total Common Shares Outstanding	1,147	1,147	1,147	1,147	1,147	1,147
Working Capital	1,553	1,312	1,114	484.07	42.6	324.83
Book Value Per Share	6.87	6.71	6.41	5.78	5.02	4.93
Tangible Book Value	7,734	7,547	7,202	6,484	5,623	5,515
Tangible Book Value Per Share	6.75	6.58	6.28	5.66	4.90	4.81
Buildings	-	2,842	2,828	2,764	2,711	2,706
Machinery	-	15,332	14,978	14,539	14,078	13,607
Construction In Progress	-	358.15	239.07	426.42	445.11	335.63

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