Top Energy Company Ltd.Shanxi (SHA:600780)

SHA:600780 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,991	2,815	2,470	2,216	2,013	1,652
Trading Asset Securities	4.48	5.05	5.41	4	3.3	3.21
Accounts Receivable	765.63	936.99	964.12	930.38	1,209	292.48
Other Receivables	197.81	237.68	172.25	15.72	52.4	26.71
Inventory	71.02	134.18	158.86	103.48	117.25	97.42
Prepaid Expenses	-	14.58	-	0.09	-	-
Other Current Assets	139.42	17.61	15.59	60.29	29.13	105.01
Total Current Assets	4,169	4,161	3,786	3,330	3,424	2,177
Property, Plant & Equipment	5,238	5,336	4,640	4,888	4,987	5,119
Other Intangible Assets	139.32	144.15	144.62	146.51	138.34	126.83
Long-Term Investments	2,367	2,126	1,751	1,594	1,308	976.53
Long-Term Deferred Tax Assets	245.93	260.85	195.23	222.13	175.86	163.74
Long-Term Deferred Charges	0.31	0.32	0.2	0.23	0.25	0.27
Other Long-Term Assets	83.94	34.65	19.38	2.95	5.26	8.42
Total Assets	12,244	12,062	10,536	10,184	10,039	8,572

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,080	740.63	475.8	494.46	618.76	579.58
Accrued Expenses	205.13	876.81	922.98	749.04	1,088	252.83
Short-Term Debt	-	-	-	30	420	320
Current Portion of Long-Term Debt	205.37	134.89	226.45	83.31	99.81	100.31
Current Unearned Revenue	417.17	418.79	402.15	437.32	444.37	607.38
Current Portion of Leases	-	120.96	127.06	121.23	8.27	7.89
Current Income Taxes Payable	157.76	75.31	66.94	53.13	41.95	19.93
Other Current Liabilities	438.94	271.83	252.56	247.68	219.21	246.39
Total Current Liabilities	2,505	2,639	2,474	2,216	2,940	2,134
Long-Term Debt	655.93	510.45	154.98	274.54	316.34	530.23
Long-Term Leases	195.45	253.36	-	126.72	17.74	26.01
Long-Term Unearned Revenue	178.31	180.05	172.76	149.07	134.54	135.85
Pension & Post-Retirement Benefits	-	0.85	1.2	1.09	1.32	1.72
Long-Term Deferred Tax Liabilities	122.53	138.25	78.07	102.11	40.66	25.64
Total Liabilities	3,698	3,722	2,881	2,870	3,451	2,854

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,147	1,147	1,147	1,147	1,147	1,147
Additional Paid-In Capital	1,339	1,329	1,319	1,309	1,295	1,303
Retained Earnings	5,976	5,791	5,143	4,836	4,157	3,301
Comprehensive Income & Other	122.37	111.03	82.9	56.6	23.68	-
Total Common Equity	8,584	8,378	7,692	7,349	6,622	5,750
Minority Interest	-38.14	-37.52	-36.29	-35.04	-33.77	-31.94
Shareholders' Equity	8,546	8,340	7,655	7,314	6,589	5,718
Total Liabilities & Equity	12,244	12,062	10,536	10,184	10,039	8,572

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,057	1,020	508.5	635.8	862.16	984.44
Net Cash (Debt)	1,939	1,800	1,967	1,584	1,154	670.84
Net Cash Growth	-15.66%	-8.48%	24.19%	37.27%	72.00%	13.58%
Net Cash Per Share	1.69	1.57	1.72	1.38	1.01	0.59
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	1,665	1,522	1,312	1,114	484.07	42.6
Book Value Per Share	7.48	7.31	6.71	6.41	5.78	5.02
Tangible Book Value	8,445	8,234	7,547	7,202	6,484	5,623
Tangible Book Value Per Share	7.36	7.18	6.58	6.28	5.66	4.90
Buildings	-	2,879	2,842	2,828	2,764	2,711
Machinery	-	15,882	15,332	14,978	14,539	14,078
Construction In Progress	-	768.07	358.15	239.07	426.42	445.11

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 14, 2026

Data Sources Report a data error