Shaanxi 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5,999	5,119	5,748	3,464	3,882	2,466
Trading Asset Securities	-	-	-	-	-	61.24
Accounts Receivable	2,087	2,412	2,023	1,829	1,734	1,588
Other Receivables	88.01	189.04	37.81	43.83	87.38	329.71
Inventory	398.91	546.75	454.1	403.62	460.97	262.01
Other Current Assets	486.01	749.79	724.53	698.12	1,308	1,361
Total Current Assets	9,059	9,016	8,988	6,438	7,473	6,069
Property, Plant & Equipment	49,255	46,400	42,621	38,692	37,307	35,910
Goodwill	196.34	196.34	196.34	196.43	196.64	196.64
Other Intangible Assets	8,327	8,689	7,531	7,341	7,214	7,312
Long-Term Investments	2,778	2,613	2,503	1,793	1,751	2,030
Long-Term Deferred Tax Assets	553.08	575.12	597.29	598.25	532.49	317.46
Long-Term Deferred Charges	24.69	15.95	10.21	9.92	9.82	26.95
Other Long-Term Assets	1,141	709	593.4	1,261	1,022	586.55
Total Assets	71,334	68,215	63,040	56,330	55,506	52,448
Accounts Payable	5,264	5,590	4,510	3,814	4,414	5,061
Accrued Expenses	476.2	653.03	609	663.45	803.49	488.53
Short-Term Debt	4,402	2,951	2,179	2,504	6,037	4,318
Current Portion of Long-Term Debt	3,132	4,026	2,306	2,741	2,077	1,268
Current Unearned Revenue	292.7	168.65	159.07	241.58	141.97	81.96
Current Portion of Leases	-	476.53	611.74	583.18	567.9	-
Current Income Taxes Payable	741.85	134.06	148.48	54.53	42.28	119.45
Other Current Liabilities	1,168	1,361	1,125	1,516	1,242	1,589
Total Current Liabilities	15,477	15,360	11,648	12,118	15,326	12,927
Long-Term Debt	19,386	18,647	19,244	20,088	18,291	16,342
Long-Term Leases	447.38	740.36	1,234	1,665	2,061	-
Long-Term Unearned Revenue	160.03	159.24	116.78	122.16	108.56	100.68
Long-Term Deferred Tax Liabilities	243.93	213.74	186.92	150.35	53.2	69.57
Other Long-Term Liabilities	1,939	1,121	1,024	877.97	878.62	4,537
Total Liabilities	37,654	36,242	33,454	35,020	36,718	33,976
Common Stock	3,750	3,750	3,750	3,000	3,000	3,000
Additional Paid-In Capital	14,123	14,113	14,074	7,941	7,955	7,955
Retained Earnings	8,160	6,712	5,267	3,953	1,961	2,369
Comprehensive Income & Other	150.45	141.74	113.52	110.31	73.93	8.49
Total Common Equity	26,183	24,717	23,205	15,004	12,990	13,333
Minority Interest	7,497	7,256	6,382	6,305	5,798	5,139
Shareholders' Equity	33,680	31,974	29,587	21,310	18,787	18,472
Total Liabilities & Equity	71,334	68,215	63,040	56,330	55,506	52,448
Total Debt	27,368	26,841	25,575	27,580	29,035	21,929
Net Cash (Debt)	-21,369	-21,722	-19,827	-24,117	-25,152	-19,401
Net Cash Per Share	-5.63	-5.78	-5.66	-7.99	-8.10	-6.52
Filing Date Shares Outstanding	3,750	3,750	3,750	3,000	3,000	3,000
Total Common Shares Outstanding	3,750	3,750	3,750	3,000	3,000	3,000
Working Capital	-6,418	-6,344	-2,660	-5,679	-7,853	-6,858
Book Value Per Share	6.98	6.59	6.19	5.00	4.33	4.44
Tangible Book Value	17,660	15,832	15,478	7,467	5,579	5,824
Tangible Book Value Per Share	4.71	4.22	4.13	2.49	1.86	1.94
Buildings	-	21,047	16,508	15,938	14,573	13,327
Machinery	-	32,912	27,127	26,287	26,201	27,325
Construction In Progress	-	5,540	9,413	4,842	4,255	4,919

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