Huadian New Energy Group Corporation Limited (SHA:600930)

SHA:600930 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,728	13,281	6,388	9,642	9,288	4,007
Trading Asset Securities	-	-	0	-	-	-
Accounts Receivable	45,525	45,512	35,798	27,399	31,560	20,223
Other Receivables	1,368	1,138	255.21	199.39	327.5	725.42
Inventory	113.92	81.1	73.58	74.53	64.52	67.18
Other Current Assets	5,436	4,623	4,335	2,713	2,649	1,887
Total Current Assets	61,171	64,634	46,851	40,029	43,889	26,910
Property, Plant & Equipment	363,600	321,050	247,612	203,315	150,343	119,011
Goodwill	723.92	723.92	496.38	450.34	348.99	321.65
Other Intangible Assets	6,435	5,947	5,577	5,164	5,124	5,035
Long-Term Investments	14,413	13,859	12,942	12,195	11,226	10,297
Long-Term Deferred Tax Assets	642.68	619.84	444.57	393.88	405.75	379.37
Long-Term Deferred Charges	557.77	610.46	551.67	363.76	333.66	213.27
Other Long-Term Assets	42,241	36,645	19,369	9,767	5,687	3,877
Total Assets	489,785	444,090	333,842	271,678	217,358	166,044
Accounts Payable	27,324	27,612	15,709	12,554	10,942	7,335
Accrued Expenses	55.95	48.16	324.14	220.38	266.09	198.29
Short-Term Debt	36,325	40,271	35,401	38,501	17,518	1,946
Current Portion of Long-Term Debt	29,412	28,061	13,068	8,450	7,818	7,944
Current Unearned Revenue	3.22	3.27	0.28	-	8.56	9.07
Current Portion of Leases	-	-	892.7	610.63	704.24	144.74
Current Income Taxes Payable	593.62	591.63	273.37	206.51	178.46	130.44
Other Current Liabilities	8,315	9,270	16,231	13,400	26,639	33,195
Total Current Liabilities	102,028	105,857	81,899	73,943	64,075	50,902
Long-Term Debt	197,335	183,026	144,761	107,861	81,566	66,780
Long-Term Leases	31,306	24,831	14,598	9,887	8,562	2,315
Long-Term Unearned Revenue	96.51	91.33	94.5	89.33	89.61	95.87
Long-Term Deferred Tax Liabilities	678.26	686.95	339.57	306.37	107.41	53
Other Long-Term Liabilities	11,633	9,978	2,559	1,294	642.02	6,008
Total Liabilities	343,077	324,469	244,252	193,381	155,042	126,155
Common Stock	41,714	36,000	36,000	36,000	19,008	9,960
Additional Paid-In Capital	24,364	12,128	12,328	13,346	29,586	18,766
Retained Earnings	43,815	36,485	28,005	18,569	10,633	7,520
Comprehensive Income & Other	21,177	20,969	7,221	5,034	-88.59	-191.17
Total Common Equity	131,070	105,582	83,554	72,950	59,139	36,054
Minority Interest	15,639	14,039	6,036	5,347	3,177	3,836
Shareholders' Equity	146,708	119,621	89,591	78,297	62,316	39,890
Total Liabilities & Equity	489,785	444,090	333,842	271,678	217,358	166,044
Total Debt	294,378	276,189	208,721	165,310	116,169	79,130
Net Cash (Debt)	-285,650	-262,908	-202,333	-155,668	-106,881	-75,123
Working Capital	-40,858	-41,222	-35,049	-33,914	-20,186	-23,993
Tangible Book Value	123,911	98,911	77,481	67,335	53,665	30,697
Buildings	-	-	12,748	10,716	8,663	6,446
Machinery	-	-	225,269	174,691	141,635	115,194
Construction In Progress	-	-	49,739	54,168	30,427	28,094

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