Jiangsu Linyang Energy Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,508	4,869	4,576	4,930	4,709	2,861
Trading Asset Securities	2,167	1,868	1,742	1,550	1,676	1,553
Cash & Short-Term Investments	6,675	6,737	6,318	6,480	6,385	4,414
Cash Growth	18.71%	6.65%	-2.50%	1.49%	44.64%	-6.42%
Accounts Receivable	3,552	3,537	4,611	4,758	3,675	4,293
Other Receivables	156.33	385.23	401.04	668.25	1,756	790.59
Receivables	3,708	3,922	5,012	5,426	5,431	5,084
Inventory	2,319	2,682	2,776	1,333	1,508	588.89
Other Current Assets	652.78	715.8	170.04	412.97	213.74	259.79
Total Current Assets	13,355	14,058	14,276	13,652	13,538	10,347
Property, Plant & Equipment	8,984	9,338	8,805	8,248	6,541	9,044
Long-Term Investments	333.53	538.15	573.8	605.08	612.72	400.23
Other Intangible Assets	229.14	231.11	216.09	217.62	109.63	100.1
Long-Term Accounts Receivable	-	-	117.89	113.9	110.86	152.1
Long-Term Deferred Tax Assets	321.44	319.45	233.68	118.34	78.46	56.74
Long-Term Deferred Charges	51.73	58.8	66.8	69.99	83.79	76.02
Other Long-Term Assets	820.43	661.44	399.61	160.64	226.57	333.39
Total Assets	24,096	25,204	24,689	23,186	21,301	20,509
Accounts Payable	2,924	3,735	3,433	2,882	2,284	1,517
Accrued Expenses	124.86	170.78	241.37	229.62	190.78	185.44
Short-Term Debt	681.36	658.46	605.03	240.05	730.34	824.8
Current Portion of Long-Term Debt	-	979.39	426.77	643	586.99	567.79
Current Portion of Leases	-	-	15.81	10.42	14.25	-
Current Income Taxes Payable	-	102.59	153.6	155.13	134.01	54.17
Current Unearned Revenue	361.29	239.78	174.48	246.44	106.73	109.67
Other Current Liabilities	999.67	111.94	686.35	993.55	389.63	106.02
Total Current Liabilities	5,091	5,998	5,736	5,401	4,437	3,365
Long-Term Debt	2,040	2,122	1,881	1,896	1,593	2,102
Long-Term Leases	1,637	206.89	262.81	212.27	336.82	540.73
Long-Term Unearned Revenue	31.85	32.97	30.36	12.49	16.21	25.21
Long-Term Deferred Tax Liabilities	4.95	3.81	12.66	33.27	11.46	-
Other Long-Term Liabilities	33.59	1,512	1,028	47.74	39.11	-
Total Liabilities	8,838	9,876	8,951	7,602	6,433	6,033
Common Stock	2,060	2,060	2,060	2,060	2,060	2,060
Additional Paid-In Capital	7,639	7,639	7,617	7,607	7,580	7,516
Retained Earnings	5,751	5,691	6,174	6,039	5,371	4,967
Treasury Stock	-303.26	-158.02	-194.25	-230.06	-226.74	-100.5
Comprehensive Income & Other	4.35	16.1	9.14	10.82	1.37	-2.76
Total Common Equity	15,152	15,248	15,665	15,487	14,786	14,440
Minority Interest	105.47	80.04	72.99	96.6	81.37	36.37
Shareholders' Equity	15,257	15,328	15,738	15,584	14,868	14,476
Total Liabilities & Equity	24,096	25,204	24,689	23,186	21,301	20,509
Total Debt	4,358	3,967	3,191	3,002	3,261	4,035
Net Cash (Debt)	2,317	2,770	3,126	3,478	3,124	378.97
Net Cash Growth	32.93%	-11.39%	-10.11%	11.35%	724.23%	-
Net Cash Per Share	1.15	1.36	1.54	1.72	1.75	0.21
Filing Date Shares Outstanding	2,007	2,159	2,041	2,041	2,048	2,038
Total Common Shares Outstanding	2,007	2,159	2,041	2,041	2,048	2,038
Working Capital	8,264	8,060	8,540	8,252	9,101	6,982
Book Value Per Share	7.55	7.06	7.67	7.59	7.22	7.08
Tangible Book Value	14,923	15,017	15,449	15,269	14,677	14,340
Tangible Book Value Per Share	7.43	6.95	7.57	7.48	7.17	7.04
Buildings	-	-	2,148	2,086	1,033	888
Machinery	-	-	8,922	7,593	6,921	9,765
Construction In Progress	-	-	128.07	543.3	286.54	40.46

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