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 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	3,678	3,231	1,968	1,587	1,273	3,604
Short-Term Investments	-	0.06	115.79	0.17	-	75.31
Accounts Receivable	2,695	3,006	3,260	3,033	2,894	2,389
Other Receivables	159.44	317.55	246.5	197.74	523.64	709.62
Inventory	524.68	782.67	1,256	1,034	800.31	962.6
Prepaid Expenses	-	2.14	0.65	0.92	-	0.88
Other Current Assets	1,116	1,482	1,293	1,737	1,087	1,337
Total Current Assets	8,173	8,821	8,140	7,590	6,578	9,078
Property, Plant & Equipment	31,297	30,965	29,982	27,498	21,985	21,970
Other Intangible Assets	2,162	2,181	1,901	1,756	1,476	1,504
Long-Term Investments	6,598	7,371	6,265	5,304	5,408	5,134
Long-Term Deferred Tax Assets	135.24	171.72	455.63	571.9	585.8	576.28
Long-Term Deferred Charges	127.59	125.29	130.71	64.83	65.87	24.74
Other Long-Term Assets	2,187	1,284	264.14	283.39	493.41	240.79
Total Assets	50,681	50,919	47,139	43,067	36,592	38,528
Accounts Payable	2,456	2,793	3,663	3,069	2,461	2,511
Accrued Expenses	301.85	299.35	216.51	173.2	164.79	417.38
Short-Term Debt	4,756	4,473	4,409	2,372	2,395	3,298
Current Portion of Long-Term Debt	4,553	6,242	1,948	2,797	1,491	1,074
Current Unearned Revenue	216.27	1,216	1,194	1,071	812.9	819.64
Current Portion of Leases	-	205.61	160.02	138.86	87.68	125.91
Current Income Taxes Payable	169.2	64.09	18.23	15.67	11.52	8.67
Other Current Liabilities	1,398	1,609	352.7	343.87	809.47	714.59
Total Current Liabilities	13,849	16,901	11,962	9,981	8,233	8,970
Long-Term Debt	13,443	11,488	15,544	17,373	14,231	15,537
Long-Term Leases	889.48	881.81	1,138	1,165	710.22	829.79
Long-Term Unearned Revenue	783.17	819.45	887.28	909.91	948.89	1,030
Long-Term Deferred Tax Liabilities	35.15	32.02	16.54	101.59	44.73	15.79
Other Long-Term Liabilities	10.04	10.04	10.04	10.04	10.04	7.94
Total Liabilities	29,010	30,133	29,558	29,539	24,178	26,389
Common Stock	1,803	1,803	1,809	1,792	1,792	1,792
Additional Paid-In Capital	4,604	4,602	4,642	4,937	4,448	4,392
Retained Earnings	6,068	5,474	4,026	3,661	3,526	3,410
Treasury Stock	-33.2	-33.2	-52.84	-	-	-
Comprehensive Income & Other	1,037	1,011	19.39	3.35	-	-
Total Common Equity	13,479	12,857	10,444	10,393	9,766	9,593
Minority Interest	8,192	7,929	7,137	3,135	2,649	2,545
Shareholders' Equity	21,671	20,786	17,580	13,528	12,415	12,138
Total Liabilities & Equity	50,681	50,919	47,139	43,067	36,592	38,528
Total Debt	23,641	23,290	23,200	23,845	18,915	20,864
Net Cash (Debt)	-19,963	-20,060	-21,116	-22,258	-17,641	-17,186
Net Cash Per Share	-11.10	-11.17	-11.77	-12.42	-9.77	-9.59
Filing Date Shares Outstanding	1,803	1,803	1,809	1,809	1,792	1,792
Total Common Shares Outstanding	1,803	1,803	1,809	1,792	1,792	1,792
Working Capital	-5,676	-8,080	-3,822	-2,391	-1,655	108.8
Book Value Per Share	6.92	6.58	5.77	5.80	5.45	5.35
Tangible Book Value	11,317	10,676	8,543	8,638	8,289	8,090
Tangible Book Value Per Share	5.72	5.37	4.72	4.82	4.63	4.52
Buildings	-	12,649	12,471	11,526	9,669	9,590
Machinery	-	41,628	39,233	36,516	30,170	29,731
Construction In Progress	-	2,406	2,367	720.17	2,611	1,986