Huadian Heavy Industries Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	975.04	2,558	2,498	2,578	2,172	1,925
Trading Asset Securities	-	-	-	-	502.54	501.48
Cash & Short-Term Investments	975.04	2,558	2,498	2,578	2,675	2,427
Cash Growth	-45.39%	2.41%	-3.10%	-3.64%	10.23%	8.68%
Accounts Receivable	5,477	5,213	4,406	4,292	4,472	3,363
Other Receivables	66.08	58.52	51.02	51.57	42.62	30.47
Receivables	5,543	5,271	4,457	4,343	4,515	3,393
Inventory	1,176	651.88	699	824.53	714.06	802.5
Other Current Assets	1,045	378.95	382.63	346.18	370.97	261.76
Total Current Assets	8,740	8,860	8,037	8,091	8,275	6,884
Property, Plant & Equipment	1,066	1,051	1,173	1,155	1,370	817.14
Long-Term Investments	1.02	1.02	0.7	0.57	0.54	0.92
Goodwill	122.8	132.92	132.92	132.92	-	-
Other Intangible Assets	243.05	252.94	258.2	270.91	262.5	273.29
Long-Term Accounts Receivable	-	695.4	1,574	1,249	461.03	517.37
Long-Term Deferred Tax Assets	59.53	56.39	64.66	67.33	74.04	75.26
Long-Term Deferred Charges	41.16	39.52	28.93	22.33	0.69	0.3
Other Long-Term Assets	864.49	221.04	253.71	285.92	221.94	213.22
Total Assets	11,137	11,310	11,522	11,276	10,665	8,781
Accounts Payable	4,709	5,656	5,955	5,608	4,875	3,517
Accrued Expenses	49.37	148.16	71.15	62.59	147.55	36.64
Short-Term Debt	30	-	31.3	279.5	281.41	284.21
Current Portion of Leases	25.91	57.39	158.04	161.42	222.96	-
Current Income Taxes Payable	12.83	7.36	5.62	25.83	45.71	33.13
Current Unearned Revenue	1,399	624.66	649.61	492.81	618.73	932.14
Other Current Liabilities	251.69	313.3	233.33	206.07	209.24	224.3
Total Current Liabilities	6,478	6,807	7,104	6,836	6,400	5,027
Long-Term Debt	26	26.02	-	-	-	-
Long-Term Leases	83.8	0.75	44.72	57	207.81	-
Long-Term Unearned Revenue	3.24	4.01	1.19	2.76	-	5.34
Long-Term Deferred Tax Liabilities	7.31	7.32	1.58	1.65	0.06	0.11
Other Long-Term Liabilities	1.42	1.42	3.1	8.83	36.98	19.22
Total Liabilities	6,599	6,846	7,154	6,907	6,645	5,052
Common Stock	1,166	1,167	1,167	1,167	1,167	1,155
Additional Paid-In Capital	1,255	1,256	1,259	1,258	1,243	1,220
Retained Earnings	1,931	1,851	1,766	1,784	1,584	1,310
Treasury Stock	-9.53	-11.62	-19.29	-30.26	-31.47	-
Comprehensive Income & Other	20.27	19.02	17.1	13.31	12.41	12.85
Total Common Equity	4,363	4,281	4,189	4,192	3,974	3,698
Minority Interest	174.94	182.29	178.57	177.37	46.28	30.99
Shareholders' Equity	4,538	4,464	4,368	4,369	4,021	3,729
Total Liabilities & Equity	11,137	11,310	11,522	11,276	10,665	8,781
Total Debt	165.71	84.16	234.06	497.92	712.18	284.21
Net Cash (Debt)	809.34	2,474	2,263	2,080	1,963	2,142
Net Cash Growth	-51.17%	9.28%	8.84%	5.96%	-8.39%	15.91%
Net Cash Per Share	0.69	2.13	1.95	1.78	1.70	1.85
Filing Date Shares Outstanding	1,166	1,167	1,167	1,167	1,167	1,155
Total Common Shares Outstanding	1,166	1,167	1,167	1,167	1,167	1,155
Working Capital	2,262	2,053	932.84	1,255	1,875	1,856
Book Value Per Share	3.74	3.67	3.59	3.59	3.41	3.20
Tangible Book Value	3,997	3,896	3,798	3,788	3,712	3,425
Tangible Book Value Per Share	3.43	3.34	3.26	3.25	3.18	2.97
Buildings	-	719.42	689.51	681.96	664.95	662.22
Machinery	-	978.57	930.46	893.45	711.03	675
Construction In Progress	-	128.81	105.35	16.99	115.62	1.35

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