HCIG Energy Investment 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	2,447	1,968	1,587	1,273	3,604	1,976
Short-Term Investments	75.36	115.79	0.17	-	75.31	40.42
Accounts Receivable	2,863	3,260	3,033	2,894	2,389	2,831
Other Receivables	181.41	246.5	197.74	523.64	709.62	74.7
Inventory	612.22	1,256	1,034	800.31	962.6	603.29
Prepaid Expenses	-	0.65	0.92	-	0.88	-
Other Current Assets	1,305	1,293	1,737	1,087	1,337	1,507
Total Current Assets	7,484	8,140	7,590	6,578	9,078	7,032
Property, Plant & Equipment	29,998	29,982	27,498	21,985	21,970	20,640
Other Intangible Assets	2,109	1,901	1,756	1,476	1,504	1,409
Long-Term Investments	7,284	6,265	5,304	5,408	5,134	6,069
Long-Term Deferred Tax Assets	267.38	455.63	571.9	585.8	576.28	49.37
Long-Term Deferred Charges	128.15	130.71	64.83	65.87	24.74	41.1
Other Long-Term Assets	956.93	264.14	283.39	493.41	240.79	512.04
Total Assets	48,227	47,139	43,067	36,592	38,528	35,753
Accounts Payable	2,285	3,663	3,069	2,461	2,511	2,177
Accrued Expenses	252.86	216.51	173.2	164.79	417.38	438.19
Short-Term Debt	3,802	4,409	2,372	2,395	3,298	5,037
Current Portion of Long-Term Debt	5,405	1,948	2,797	1,491	1,074	1,525
Current Unearned Revenue	512.43	1,194	1,071	812.9	819.64	779.57
Current Portion of Leases	-	160.02	138.86	87.68	125.91	115.25
Current Income Taxes Payable	170.1	18.23	15.67	11.52	8.67	52.34
Other Current Liabilities	1,399	352.7	343.87	809.47	714.59	448.67
Total Current Liabilities	13,828	11,962	9,981	8,233	8,970	10,573
Long-Term Debt	12,027	15,544	17,373	14,231	15,537	7,773
Long-Term Leases	993.16	1,138	1,165	710.22	829.79	792.97
Long-Term Unearned Revenue	771.52	887.28	909.91	948.89	1,030	1,049
Long-Term Deferred Tax Liabilities	25.37	16.54	101.59	44.73	15.79	15.9
Other Long-Term Liabilities	10.04	10.04	10.04	10.04	7.94	-
Total Liabilities	27,654	29,558	29,539	24,178	26,389	20,204
Common Stock	1,809	1,809	1,792	1,792	1,792	1,792
Additional Paid-In Capital	4,639	4,642	4,937	4,448	4,392	4,775
Retained Earnings	5,365	4,026	3,661	3,526	3,410	5,960
Treasury Stock	-52.84	-52.84	-	-	-	-
Comprehensive Income & Other	1,071	19.39	3.35	-	-	-
Total Common Equity	12,831	10,444	10,393	9,766	9,593	12,527
Minority Interest	7,741	7,137	3,135	2,649	2,545	3,022
Shareholders' Equity	20,572	17,580	13,528	12,415	12,138	15,549
Total Liabilities & Equity	48,227	47,139	43,067	36,592	38,528	35,753
Total Debt	22,227	23,200	23,845	18,915	20,864	15,243
Net Cash (Debt)	-19,705	-21,116	-22,258	-17,641	-17,186	-13,226
Net Cash Per Share	-10.93	-11.77	-12.42	-9.77	-9.59	-7.39
Filing Date Shares Outstanding	1,803	1,809	1,809	1,792	1,792	1,792
Total Common Shares Outstanding	1,803	1,809	1,792	1,792	1,792	1,792
Working Capital	-6,344	-3,822	-2,391	-1,655	108.8	-3,541
Book Value Per Share	6.56	5.77	5.80	5.45	5.35	6.99
Tangible Book Value	10,723	8,543	8,638	8,289	8,090	11,118
Tangible Book Value Per Share	5.39	4.72	4.82	4.63	4.52	6.21
Buildings	-	12,471	11,526	9,669	9,590	-
Machinery	-	39,233	36,516	30,170	29,731	-
Construction In Progress	-	2,367	720.17	2,611	1,986	-

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