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 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	3,554	3,799	2,477	1,998	2,369	1,206
Trading Asset Securities	-	-	-	-	-	51.59
Accounts Receivable	4,275	3,977	4,202	3,641	3,381	1,856
Other Receivables	152.96	1,665	1,165	970.5	789	607.32
Inventory	553.71	886.54	999.09	696.6	763.05	797.1
Loans Receivable Current	-	-	-	28.02	-	-
Other Current Assets	4,108	590.96	610.14	691.01	641.45	586.95
Total Current Assets	12,644	10,918	9,454	8,024	7,944	5,105
Property, Plant & Equipment	34,997	35,277	34,020	30,701	27,374	17,475
Goodwill	536.45	536.45	536.45	536.45	536.45	536.45
Other Intangible Assets	3,327	3,365	3,596	3,571	3,645	751.36
Long-Term Investments	19,563	19,611	18,430	16,585	14,422	14,369
Long-Term Deferred Tax Assets	304.49	305.83	485.33	604.51	587.14	484.34
Long-Term Deferred Charges	15.85	16.97	12.7	13.92	16.6	11.37
Other Long-Term Assets	255.71	194.71	68.24	550.44	1,194	1,852
Total Assets	71,644	70,224	66,602	60,586	55,719	40,584
Accounts Payable	4,530	2,858	2,911	4,462	6,166	3,202
Accrued Expenses	143.04	357.62	281.62	280.24	207.46	144.38
Short-Term Debt	4,714	5,362	3,593	1,816	833.73	3,550
Current Portion of Long-Term Debt	5,064	6,479	6,836	7,126	2,780	1,978
Current Unearned Revenue	130.64	124.77	106.39	145.77	167.71	239.72
Current Portion of Leases	-	2.45	4.7	14.6	16.22	12.24
Current Income Taxes Payable	298.46	95.96	85.97	18.3	12.5	41.57
Other Current Liabilities	1,202	1,737	1,314	1,124	1,665	813.64
Total Current Liabilities	16,082	17,016	15,132	14,986	11,848	9,981
Long-Term Debt	27,742	25,803	26,957	24,134	22,274	13,030
Long-Term Leases	38.04	40.67	39.35	41.12	44.29	29.17
Long-Term Unearned Revenue	354.96	355.02	382.81	415.8	477.43	179.05
Long-Term Deferred Tax Liabilities	625.81	698.93	679.22	574	539.13	681.49
Other Long-Term Liabilities	137.28	132.79	104.41	53.93	51.19	-
Total Liabilities	44,980	44,046	43,296	40,205	35,233	23,901
Common Stock	2,267	2,267	2,267	2,267	2,267	2,267
Additional Paid-In Capital	3,782	3,782	3,782	3,782	5,500	3,817
Retained Earnings	9,947	9,503	8,077	6,515	5,437	4,848
Comprehensive Income & Other	1,561	1,813	1,696	1,286	1,110	1,527
Total Common Equity	17,558	17,365	15,822	13,849	14,314	12,460
Minority Interest	9,106	8,813	7,484	6,533	6,171	4,224
Shareholders' Equity	26,663	26,178	23,306	20,382	20,486	16,684
Total Liabilities & Equity	71,644	70,224	66,602	60,586	55,719	40,584
Total Debt	37,559	37,687	37,430	33,131	25,948	18,599
Net Cash (Debt)	-34,005	-33,888	-34,953	-31,133	-23,579	-17,342
Net Cash Per Share	-15.03	-14.98	-15.41	-13.72	-10.39	-7.70
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	-3,438	-6,098	-5,679	-6,962	-3,904	-4,876
Book Value Per Share	7.75	7.66	6.98	6.11	6.31	5.50
Tangible Book Value	13,694	13,463	11,690	9,742	10,133	11,172
Tangible Book Value Per Share	6.04	5.94	5.16	4.30	4.47	4.93
Buildings	-	13,690	13,507	11,306	10,279	7,402
Machinery	-	37,003	36,410	31,766	26,847	22,142
Construction In Progress	-	6,113	3,801	5,774	7,030	2,838

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