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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,664	2,477	1,283	2,158	1,451	3,087
Cash & Short-Term Investments	4,664	2,477	1,283	2,158	1,451	3,087
Cash Growth	158.75%	93.00%	-40.53%	48.76%	-53.01%	65.82%
Accounts Receivable	68.5	81.6	76.25	220.97	418.5	408.48
Other Receivables	48.02	311.76	494.21	416.44	142.92	167.61
Receivables	116.52	394.78	576.44	640.96	565.01	579.64
Inventory	1,747	1,575	1,292	1,348	940.39	803.32
Other Current Assets	616.42	338.86	283.1	349.94	375.18	393.4
Total Current Assets	7,143	4,786	3,435	4,497	3,331	4,864
Property, Plant & Equipment	76,664	76,080	55,765	43,326	32,799	27,711
Long-Term Investments	1,620	1,655	1,628	-	-	-
Goodwill	1,124	1,124	1,124	1,124	1,124	1,124
Other Intangible Assets	4,996	5,027	5,154	4,664	4,600	3,801
Long-Term Deferred Tax Assets	18.86	27.1	13.57	11.78	15.66	24.51
Long-Term Deferred Charges	27.35	34.61	43.32	63.35	8.95	6.4
Other Long-Term Assets	515.42	832.4	4,468	3,893	2,496	574.68
Total Assets	92,108	89,566	71,630	57,578	44,374	38,105
Accounts Payable	1,336	1,489	1,948	1,678	894.2	767.92
Accrued Expenses	432.19	868	1,325	657.09	695.06	434.43
Short-Term Debt	506.44	759.66	470.23	-	-	400.36
Current Portion of Long-Term Debt	7,063	6,174	2,822	3,469	1,982	666.79
Current Portion of Leases	-	164.57	7.44	38.58	444.81	-
Current Income Taxes Payable	534.84	421.36	458.33	369.48	585.69	137.02
Current Unearned Revenue	1,096	882.38	735.86	730.75	648.04	493.91
Other Current Liabilities	5,946	10,492	6,546	4,575	2,727	2,735
Total Current Liabilities	16,915	21,250	14,313	11,518	7,976	5,635
Long-Term Debt	22,723	21,513	17,524	10,912	4,361	4,678
Long-Term Leases	5,607	2,421	0.68	5.26	31.63	1,096
Long-Term Unearned Revenue	110.73	105.49	72.19	77.48	82.16	87.14
Long-Term Deferred Tax Liabilities	63.24	64.4	64.27	37.47	30.33	46.31
Other Long-Term Liabilities	1,218	1,206	1,119	1,154	1,203	662.1
Total Liabilities	46,637	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	7,192	7,176	7,286	7,268	7,268	7,268
Retained Earnings	30,771	28,334	24,050	19,424	16,193	11,172
Treasury Stock	-148.53	-148.53	-299.87	-299.87	-299.87	-
Comprehensive Income & Other	323.13	311.4	167.03	149.87	196.08	127.61
Shareholders' Equity	45,471	43,006	38,537	33,875	30,690	25,900
Total Liabilities & Equity	92,108	89,566	71,630	57,578	44,374	38,105
Total Debt	35,900	31,032	20,824	14,424	6,819	6,841
Net Cash (Debt)	-31,236	-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	7,333	7,333	7,314	7,314	7,314	7,333
Total Common Shares Outstanding	7,333	7,333	7,314	7,314	7,314	7,333
Working Capital	-9,771	-16,465	-10,878	-7,021	-4,645	-771.3
Book Value Per Share	6.20	5.86	5.27	4.63	4.20	3.53
Tangible Book Value	39,351	36,856	32,259	28,088	24,967	20,976
Tangible Book Value Per Share	5.37	5.03	4.41	3.84	3.41	2.86
Buildings	-	23,063	20,492	11,352	9,358	9,836
Machinery	-	29,189	27,969	20,647	18,647	18,361
Construction In Progress	-	30,126	14,389	16,589	8,344	2,532

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.