Yunnan 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	1,128	1,565	2,492	2,443	2,900	1,146
Cash & Short-Term Investments	1,628	1,565	2,492	2,443	2,900	1,146
Cash Growth	-32.61%	-37.17%	2.00%	-15.76%	153.01%	-16.97%
Accounts Receivable	1,278	1,132	1,664	1,552	1,396	1,220
Other Receivables	27.28	12.04	38.14	42.82	32.78	21.08
Receivables	1,305	1,144	1,703	1,595	1,429	1,241
Inventory	66.82	59.52	162.58	93.37	98.91	87.03
Prepaid Expenses	-	7.52	2.48	0.62	0.79	0.17
Other Current Assets	196.49	295.05	209.99	221.77	90.51	135.57
Total Current Assets	3,196	3,071	4,569	4,353	4,519	2,610
Property, Plant & Equipment	10,720	10,601	12,616	11,521	7,582	6,030
Long-Term Investments	1,447	1,449	651.97	635.65	631.66	630.41
Other Intangible Assets	270.85	222.92	398.47	371.03	372.1	252.47
Long-Term Deferred Tax Assets	31.8	31.77	49.05	64.85	62.59	62.36
Long-Term Deferred Charges	63.51	64.56	57.9	6.28	5.02	4.41
Other Long-Term Assets	686.59	544.16	405.28	631.19	812.76	237.43
Total Assets	16,416	15,985	18,748	17,584	13,985	9,827
Accounts Payable	880.65	914.67	1,380	1,470	652.07	561.49
Accrued Expenses	41.82	58.61	107.85	114.62	144.87	97.32
Short-Term Debt	184.08	90.07	165.68	420.84	1,034	396.31
Current Portion of Long-Term Debt	693.28	827.87	800.63	544.8	548.83	332.03
Current Portion of Leases	-	-	2.35	1.34	2.83	3.12
Current Income Taxes Payable	36.14	11.26	16.1	24.33	30.72	24.18
Current Unearned Revenue	28.23	78.18	154.31	163.38	132.48	84.81
Other Current Liabilities	84.7	81.9	146.99	141.4	196.3	106.36
Total Current Liabilities	1,949	2,063	2,774	2,880	2,742	1,606
Long-Term Debt	6,627	6,316	7,385	6,557	2,948	2,472
Long-Term Leases	7.19	-	2.18	1.17	418.66	5.56
Long-Term Unearned Revenue	36.31	36.94	120.12	122.89	111.64	98.54
Long-Term Deferred Tax Liabilities	0.12	0.12	2.58	2.31	2.71	3.15
Other Long-Term Liabilities	18.17	19.06	19.55	22.47	20.16	17.74
Total Liabilities	8,637	8,434	10,303	9,586	6,243	4,203
Common Stock	920.73	920.73	920.73	920.73	920.73	760.98
Additional Paid-In Capital	3,817	3,817	3,758	3,757	3,884	2,087
Retained Earnings	2,849	2,643	2,711	2,183	1,747	1,563
Comprehensive Income & Other	38.94	34	30.95	18.42	4.09	1.75
Total Common Equity	7,626	7,415	7,420	6,879	6,555	4,413
Minority Interest	152.54	135.93	1,025	1,118	1,186	1,212
Shareholders' Equity	7,778	7,551	8,445	7,997	7,741	5,625
Total Liabilities & Equity	16,416	15,985	18,748	17,584	13,985	9,827
Total Debt	7,511	7,234	8,355	7,525	4,952	3,209
Net Cash (Debt)	-5,883	-5,668	-5,864	-5,083	-2,053	-2,063
Net Cash Per Share	-6.39	-6.16	-6.37	-5.52	-2.56	-2.71
Filing Date Shares Outstanding	920.87	920.73	920.73	920.73	920.73	760.98
Total Common Shares Outstanding	920.87	920.73	920.73	920.73	920.73	760.98
Working Capital	1,248	1,009	1,796	1,473	1,776	1,005
Book Value Per Share	8.28	8.05	8.06	7.47	7.12	5.80
Tangible Book Value	7,355	7,192	7,022	6,508	6,183	4,160
Tangible Book Value Per Share	7.99	7.81	7.63	7.07	6.72	5.47
Buildings	-	1,527	3,981	3,735	2,892	2,422
Machinery	-	10,280	10,361	5,821	4,513	3,936
Construction In Progress	2,639	2,393	1,666	4,979	2,859	1,825

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