Shaanxi Meineng Clean Energy Corp.,Ltd. (SHE:001299)

SHE:001299 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Cash & Equivalents	152.61	163.7	346.07	930.44	745.31	127.08
Short-Term Investments	221.25	258	267	-	-	-
Trading Asset Securities	219.49	375.07	361.96	99.07	222.48	263.15
Accounts Receivable	15.84	13.96	9.59	19.82	22.33	17.32
Other Receivables	1.24	1.42	1.02	0.8	1.14	0.92
Inventory	11.21	9.64	13.52	14.18	12.32	18.72
Prepaid Expenses	32.96	35.34	35.8	34.76	-	28.44
Other Current Assets	31.99	48.4	41.1	37.44	43.8	11.23
Total Current Assets	686.59	905.52	1,076	1,137	1,047	466.85
Property, Plant & Equipment	716.65	647.92	535.03	471.27	445.47	431.7
Other Intangible Assets	36.99	34.35	34.56	32.67	26.26	27.3
Long-Term Investments	140.93	122.57	118.5	109.58	95.39	93.36
Long-Term Deferred Tax Assets	3.74	3.23	1.44	1.25	0.95	0.52
Long-Term Deferred Charges	0.61	0.83	-	-	-	-
Other Long-Term Assets	4.65	7.19	0.94	2.38	3.49	1.83
Total Assets	1,590	1,722	1,767	1,754	1,619	1,022

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Accounts Payable	68	82.86	36.22	35.9	41.03	24.77
Accrued Expenses	7.45	10.26	10.18	7.36	9.55	6.44
Short-Term Debt	15.73	3.94	-	-	-	-
Current Unearned Revenue	304.53	346.84	349.51	341.13	280.75	262.03
Current Portion of Leases	1.4	2.53	1.74	0.42	1.22	1.19
Current Income Taxes Payable	2.42	7.01	6.77	5.92	7.12	4.4
Other Current Liabilities	41.06	44.33	48.71	44.22	43.38	37.68
Total Current Liabilities	440.6	497.76	453.12	434.94	383.06	336.5
Long-Term Leases	0.93	1.55	4.14	0.4	0.49	1.63
Long-Term Unearned Revenue	11.72	8.9	9.45	5.49	5.53	3.9
Long-Term Deferred Tax Liabilities	-	-	-	0.39	0.03	-
Other Long-Term Liabilities	-	-	-	-	0.94	0.26
Total Liabilities	453.25	508.21	466.71	441.23	390.05	342.29

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Common Stock	314.22	242.64	187.58	187.58	187.58	140.68
Additional Paid-In Capital	370.6	453.11	508.17	508.17	508.17	98.85
Retained Earnings	470.82	550.41	629.37	598.08	516.27	422.09
Treasury Stock	-46.29	-46.29	-46.29	-	-	-
Comprehensive Income & Other	13.07	13.53	19.78	16.83	14.76	15.34
Total Common Equity	1,122	1,213	1,299	1,311	1,227	676.96
Minority Interest	14.5	-	1.23	1.77	2.11	2.32
Shareholders' Equity	1,137	1,213	1,300	1,312	1,229	679.28
Total Liabilities & Equity	1,590	1,722	1,767	1,754	1,619	1,022

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Total Debt	18.06	8.01	5.88	0.82	1.72	2.82
Net Cash (Debt)	575.28	788.76	969.15	1,029	966.07	387.4
Net Cash Growth	-27.42%	-18.61%	-5.79%	6.48%	149.37%	23.94%
Net Cash Per Share	1.90	2.55	3.07	3.27	3.82	1.63
Filing Date Shares Outstanding	310.17	310.17	310.17	317.01	317.01	238.25
Total Common Shares Outstanding	310.17	310.17	310.17	317.01	317.01	238.25
Working Capital	245.99	407.76	622.94	701.58	664.32	130.35
Book Value Per Share	3.62	3.91	4.19	4.13	3.87	2.84
Tangible Book Value	1,085	1,179	1,264	1,278	1,201	649.66
Tangible Book Value Per Share	3.50	3.80	4.08	4.03	3.79	2.73
Buildings	86.95	86.87	86.71	86.28	85.83	83.91
Machinery	117.33	74.92	73.56	73.22	70.79	69.18
Construction In Progress	222.57	179.88	75.23	39.79	11.38	15.36

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

Data Sources Report a data error