Ningxia Baofeng Energy Group Co., Ltd. (SHA:600989)

SHA:600989 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,164	2,477	1,283	2,158	1,451	3,087
Cash & Short-Term Investments	3,164	2,477	1,283	2,158	1,451	3,087
Cash Growth	-43.49%	93.00%	-40.53%	48.76%	-53.01%	65.82%
Accounts Receivable	116.84	81.6	76.25	220.97	418.5	408.48
Other Receivables	1,016	311.76	494.21	416.44	142.92	167.61
Receivables	1,141	394.78	576.44	640.96	565.01	579.64
Inventory	1,796	1,575	1,292	1,348	940.39	803.32
Other Current Assets	361.52	338.86	283.1	349.94	375.18	393.4
Total Current Assets	6,463	4,786	3,435	4,497	3,331	4,864
Property, Plant & Equipment	76,524	76,080	55,765	43,326	32,799	27,711
Long-Term Investments	-	1,655	1,628	-	-	-
Goodwill	1,124	1,124	1,124	1,124	1,124	1,124
Other Intangible Assets	4,979	5,027	5,154	4,664	4,600	3,801
Long-Term Deferred Tax Assets	42.52	27.1	13.57	11.78	15.66	24.51
Long-Term Deferred Charges	26.36	34.61	43.32	63.35	8.95	6.4
Other Long-Term Assets	773.83	832.4	4,468	3,893	2,496	574.68
Total Assets	89,933	89,566	71,630	57,578	44,374	38,105
Accounts Payable	1,563	1,489	1,948	1,678	894.2	767.92
Accrued Expenses	735.11	868	1,325	657.09	695.06	434.43
Short-Term Debt	640.37	759.66	470.23	-	-	400.36
Current Portion of Long-Term Debt	5,953	6,174	2,822	3,469	1,982	666.79
Current Portion of Leases	856.97	164.57	7.44	38.58	444.81	-
Current Income Taxes Payable	220.48	421.36	458.33	369.48	585.69	137.02
Current Unearned Revenue	920.13	882.38	735.86	730.75	648.04	493.91
Other Current Liabilities	5,845	10,492	6,546	4,575	2,727	2,735
Total Current Liabilities	16,734	21,250	14,313	11,518	7,976	5,635
Long-Term Debt	21,708	21,513	17,524	10,912	4,361	4,678
Long-Term Leases	5,301	2,421	0.68	5.26	31.63	1,096
Long-Term Unearned Revenue	185.54	105.49	72.19	77.48	82.16	87.14
Long-Term Deferred Tax Liabilities	65.14	64.4	64.27	37.47	30.33	46.31
Other Long-Term Liabilities	1,233	1,206	1,119	1,154	1,203	662.1
Total Liabilities	45,227	46,560	33,094	23,704	13,684	12,205
Common Stock	7,333	7,333	7,333	7,333	7,333	7,333
Additional Paid-In Capital	7,174	7,176	7,286	7,268	7,268	7,268
Retained Earnings	31,045	28,334	24,050	19,424	16,193	11,172
Treasury Stock	-1,149	-148.53	-299.87	-299.87	-299.87	-
Comprehensive Income & Other	301.56	311.4	167.03	149.87	196.08	127.61
Shareholders' Equity	44,706	43,006	38,537	33,875	30,690	25,900
Total Liabilities & Equity	89,933	89,566	71,630	57,578	44,374	38,105
Total Debt	34,460	31,032	20,824	14,424	6,819	6,841
Net Cash (Debt)	-31,295	-28,555	-19,541	-12,266	-5,368	-3,754
Net Cash Per Share	-4.28	-3.90	-2.67	-1.68	-0.73	-0.51
Filing Date Shares Outstanding	7,273	7,333	7,314	7,314	7,314	7,333
Total Common Shares Outstanding	7,273	7,333	7,314	7,314	7,314	7,333
Working Capital	-10,271	-16,465	-10,878	-7,021	-4,645	-771.3
Book Value Per Share	6.15	5.86	5.27	4.63	4.20	3.53
Tangible Book Value	38,603	36,856	32,259	28,088	24,967	20,976
Tangible Book Value Per Share	5.31	5.03	4.41	3.84	3.41	2.86
Buildings	37,763	23,063	20,492	11,352	9,358	9,836
Machinery	38,092	29,189	27,969	20,647	18,647	18,361
Construction In Progress	4,392	30,126	14,389	16,589	8,344	2,532

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.