Shanxi Meijin Energy 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	2,313	3,531	4,736	6,149	4,819	1,491
Trading Asset Securities	2.71	3.05	0.19	1.09	2,086	-
Cash & Short-Term Investments	2,315	3,534	4,736	6,150	6,906	1,491
Cash Growth	-56.34%	-25.38%	-23.00%	-10.94%	363.18%	-46.46%
Accounts Receivable	1,563	1,653	1,984	1,494	2,144	2,526
Other Receivables	465.6	470.1	603.51	563.02	647.75	223.29
Receivables	2,028	2,123	2,587	2,057	2,791	2,749
Inventory	676.47	689.81	1,569	1,371	1,324	1,380
Other Current Assets	643.78	771.15	633.01	674.86	366.38	917.07
Total Current Assets	5,664	7,118	9,525	10,253	11,387	6,537
Property, Plant & Equipment	26,934	27,324	27,580	24,767	18,809	17,320
Long-Term Investments	1,098	1,136	1,231	1,160	1,039	825.73
Goodwill	3.06	3.06	52.41	67.46	67.46	67.46
Other Intangible Assets	4,699	4,736	5,061	4,933	4,099	3,906
Long-Term Deferred Tax Assets	1,684	1,520	1,198	628.58	422.33	286.34
Long-Term Deferred Charges	1.52	7.22	13.52	14.87	27.01	20.22
Other Long-Term Assets	340.91	341.91	382.02	688.46	768.74	416.19
Total Assets	40,423	42,185	45,043	42,513	36,620	29,379
Accounts Payable	11,874	13,023	14,971	13,405	9,166	7,090
Accrued Expenses	166.94	226.78	245.98	248.06	348.03	435.66
Short-Term Debt	1,745	1,537	1,060	779.03	500	368.5
Current Portion of Long-Term Debt	1,385	802.84	533.93	456.19	622.3	401.43
Current Portion of Leases	-	717.37	919.27	649.69	439.06	324.43
Current Income Taxes Payable	269.74	152.23	83.61	267.28	760.8	707.95
Current Unearned Revenue	657.47	652.76	465.93	498.12	584.64	851.7
Other Current Liabilities	1,353	1,456	1,470	1,397	1,893	2,470
Total Current Liabilities	17,451	18,568	19,750	17,701	14,314	12,649
Long-Term Debt	6,138	6,351	6,052	4,811	3,860	1,358
Long-Term Leases	283.65	485.06	879.8	1,356	1,024	220.65
Long-Term Unearned Revenue	470.71	490.02	305.85	176.63	136.13	139.21
Long-Term Deferred Tax Liabilities	156.64	157.87	423.2	411.07	516.78	429.26
Other Long-Term Liabilities	1,539	1,433	1,421	1,139	228.29	323.48
Total Liabilities	26,039	27,485	28,832	25,595	20,079	15,120
Common Stock	4,403	4,403	4,431	4,326	4,326	4,270
Additional Paid-In Capital	1,963	1,962	2,073	1,666	1,543	1,093
Retained Earnings	5,949	6,285	7,430	8,573	8,284	6,928
Treasury Stock	-	-	-189.05	-289.04	-379.64	-
Comprehensive Income & Other	436.07	439.25	705.77	704.25	689.66	105.34
Total Common Equity	12,751	13,090	14,451	14,980	14,463	12,397
Minority Interest	1,633	1,610	1,761	1,938	2,078	1,861
Shareholders' Equity	14,384	14,701	16,211	16,918	16,541	14,259
Total Liabilities & Equity	40,423	42,185	45,043	42,513	36,620	29,379
Total Debt	9,551	9,893	9,445	8,052	6,445	2,673
Net Cash (Debt)	-7,236	-6,360	-4,709	-1,902	460.53	-1,182
Net Cash Per Share	-1.64	-1.42	-1.07	-0.46	0.11	-0.27
Filing Date Shares Outstanding	4,403	4,403	4,481	4,312	4,158	4,270
Total Common Shares Outstanding	4,403	4,403	4,481	4,312	4,158	4,270
Working Capital	-11,788	-11,450	-10,225	-7,448	-2,926	-6,113
Book Value Per Share	2.90	2.97	3.23	3.47	3.48	2.90
Tangible Book Value	8,049	8,351	9,337	9,980	10,296	8,424
Tangible Book Value Per Share	1.83	1.90	2.08	2.31	2.48	1.97
Buildings	-	15,487	14,386	11,660	9,824	10,474
Machinery	-	14,554	13,762	11,228	8,430	8,434
Construction In Progress	-	3,939	4,296	5,629	3,237	1,600

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