Huadian Energy Company Limited (SHA:900937)

Huadian Energy Company 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	4,289	3,345	3,282	5,551	5,701	1,478
Accounts Receivable	1,761	1,465	1,436	1,843	1,796	1,958
Other Receivables	54.09	87.76	52.04	199.84	263.34	141.85
Inventory	697.92	970.66	726.74	863.31	1,330	635.15
Prepaid Expenses	-	0.85	0.75	0.5	0	-
Other Current Assets	332.44	241.99	494.37	333.47	193.04	56.5
Total Current Assets	7,134	6,111	5,992	8,791	9,284	4,269
Property, Plant & Equipment	16,308	16,588	16,922	18,076	18,666	15,953
Goodwill	270.95	270.95	270.95	270.95	301.81	221.01
Other Intangible Assets	5,022	5,038	4,421	4,493	4,410	588.06
Long-Term Investments	792.95	801.85	762.26	867.16	1,805	1,590
Long-Term Deferred Tax Assets	187.09	187.48	175.85	114.58	114.69	80.44
Long-Term Deferred Charges	405.94	409.41	418.11	324.25	317.94	1.8
Long-Term Accounts Receivable	-	-	-	-	17.14	10.54
Other Long-Term Assets	844.62	593.82	152.19	70.99	161.62	9.5
Total Assets	30,965	30,001	29,114	33,008	35,077	22,724
Accounts Payable	1,775	1,668	1,520	1,465	2,560	1,901
Accrued Expenses	116.9	698.21	990.77	1,437	627.47	106.61
Short-Term Debt	5,523	5,546	5,121	3,975	6,726	5,257
Current Portion of Long-Term Debt	4,894	2,882	1,565	3,113	3,257	1,736
Current Unearned Revenue	243.82	1,156	1,067	1,346	1,088	982
Current Portion of Leases	-	6.04	3.61	2.04	3	-
Current Income Taxes Payable	280.56	166.58	331	433.2	702.91	19.78
Other Current Liabilities	363.57	1,568	941.2	1,137	1,202	200.33
Total Current Liabilities	13,197	13,692	11,540	12,909	16,168	10,202
Long-Term Debt	6,104	5,619	5,821	6,954	8,719	10,097
Long-Term Leases	2.9	2,311	3,055	3,936	2,548	1,010
Long-Term Unearned Revenue	245.5	258.88	287.52	245.43	257.08	239.63
Long-Term Deferred Tax Liabilities	176.83	175.27	174.28	170.42	165.2	4.72
Other Long-Term Liabilities	4,456	1,912	2,006	2,052	1,959	359.39
Total Liabilities	24,181	23,968	22,883	26,268	29,816	21,913
Common Stock	7,907	7,907	7,907	7,907	1,967	1,967
Additional Paid-In Capital	427.6	438.13	337.27	216.67	3,489	1,711
Retained Earnings	-4,805	-5,293	-5,458	-5,367	-4,437	-3,216
Comprehensive Income & Other	698.6	663.62	702.05	665.75	665.72	139.91
Total Common Equity	4,228	3,716	3,488	3,422	1,685	602.35
Minority Interest	2,556	2,317	2,743	3,318	3,576	208.46
Shareholders' Equity	6,784	6,033	6,231	6,740	5,261	810.81
Total Liabilities & Equity	30,965	30,001	29,114	33,008	35,077	22,724
Total Debt	16,524	16,364	15,566	17,981	21,253	18,100
Net Cash (Debt)	-12,235	-13,019	-12,284	-12,430	-15,552	-16,622
Net Cash Per Share	-1.50	-1.57	-1.35	-6.36	-7.91	-8.41
Filing Date Shares Outstanding	7,907	7,907	7,907	7,907	1,967	1,967
Total Common Shares Outstanding	7,907	7,907	7,907	7,907	1,967	1,967
Working Capital	-6,063	-7,581	-5,547	-4,118	-6,884	-5,932
Book Value Per Share	0.53	0.47	0.44	0.43	0.86	0.31
Tangible Book Value	-1,065	-1,593	-1,203	-1,341	-3,026	-206.72
Tangible Book Value Per Share	-0.13	-0.20	-0.15	-0.17	-1.54	-0.11
Buildings	-	10,519	10,441	10,518	10,350	8,236
Machinery	-	33,172	32,662	32,981	31,400	28,873
Construction In Progress	-	1,019	487.32	497.56	1,379	366.26

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