An Hui Wenergy Company 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	2,702	2,477	1,998	2,369	1,206	1,024
Trading Asset Securities	-	-	-	-	51.59	0.03
Accounts Receivable	3,795	4,202	3,641	3,381	1,856	1,921
Other Receivables	162.52	1,165	970.5	789	607.32	589.82
Inventory	659.57	999.09	696.6	763.05	797.1	277.25
Loans Receivable Current	-	-	28.02	-	-	-
Other Current Assets	2,135	610.14	691.01	641.45	586.95	336.73
Total Current Assets	9,454	9,454	8,024	7,944	5,105	4,149
Property, Plant & Equipment	35,161	34,020	30,701	27,374	17,475	15,316
Goodwill	536.45	536.45	536.45	536.45	536.45	15.57
Other Intangible Assets	3,486	3,596	3,571	3,645	751.36	766.75
Long-Term Investments	19,038	18,430	16,585	14,422	14,369	12,490
Long-Term Deferred Tax Assets	385.28	485.33	604.51	587.14	484.34	24.45
Long-Term Deferred Charges	10.13	12.7	13.92	16.6	11.37	13.89
Other Long-Term Assets	128.72	68.24	550.44	1,194	1,852	915.59
Total Assets	68,200	66,602	60,586	55,719	40,584	33,692
Accounts Payable	4,009	2,911	4,462	6,166	3,202	1,686
Accrued Expenses	220.97	281.62	280.24	207.46	144.38	261.14
Short-Term Debt	3,108	3,593	1,816	833.73	3,550	4,938
Current Portion of Long-Term Debt	6,356	6,836	7,126	2,780	1,978	545.69
Current Unearned Revenue	94.66	106.39	145.77	167.71	239.72	169.63
Current Portion of Leases	-	4.7	14.6	16.22	12.24	10.64
Current Income Taxes Payable	304.89	85.97	18.3	12.5	41.57	147.08
Other Current Liabilities	1,273	1,314	1,124	1,665	813.64	604.92
Total Current Liabilities	15,367	15,132	14,986	11,848	9,981	8,363
Long-Term Debt	26,339	26,957	24,134	22,274	13,030	4,914
Long-Term Leases	40.5	39.35	41.12	44.29	29.17	32.83
Long-Term Unearned Revenue	367.1	382.81	415.8	477.43	179.05	167.27
Long-Term Deferred Tax Liabilities	730.19	679.22	574	539.13	681.49	861.79
Other Long-Term Liabilities	120.82	104.41	53.93	51.19	-	-
Total Liabilities	42,964	43,296	40,205	35,233	23,901	14,339
Common Stock	2,267	2,267	2,267	2,267	2,267	2,267
Additional Paid-In Capital	3,782	3,782	3,782	5,500	3,817	3,817
Retained Earnings	9,260	8,077	6,515	5,437	4,848	6,349
Comprehensive Income & Other	1,870	1,696	1,286	1,110	1,527	2,057
Total Common Equity	17,179	15,822	13,849	14,314	12,460	14,490
Minority Interest	8,056	7,484	6,533	6,171	4,224	4,863
Shareholders' Equity	25,236	23,306	20,382	20,486	16,684	19,353
Total Liabilities & Equity	68,200	66,602	60,586	55,719	40,584	33,692
Total Debt	35,844	37,430	33,131	25,948	18,599	10,441
Net Cash (Debt)	-33,142	-34,953	-31,133	-23,579	-17,342	-9,417
Net Cash Per Share	-14.61	-15.41	-13.72	-10.39	-7.70	-4.18
Filing Date Shares Outstanding	2,267	2,267	2,267	2,267	2,267	2,267
Total Common Shares Outstanding	2,267	2,267	2,267	2,267	2,267	2,267
Working Capital	-5,912	-5,679	-6,962	-3,904	-4,876	-4,214
Book Value Per Share	7.58	6.98	6.11	6.31	5.50	6.39
Tangible Book Value	13,157	11,690	9,742	10,133	11,172	13,708
Tangible Book Value Per Share	5.80	5.16	4.30	4.47	4.93	6.05
Buildings	-	13,507	11,306	10,279	7,402	6,943
Machinery	-	36,410	31,766	26,847	22,142	21,722
Construction In Progress	-	3,801	5,774	7,030	2,838	226.41

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