Risen 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	1,967	3,158	5,207	10,573	9,846	5,202
Short-Term Investments	-	-	3.51	79.91	-	-
Trading Asset Securities	7.88	9.14	31.47	82.8	75.84	137
Cash & Short-Term Investments	1,975	3,167	5,242	10,736	9,922	5,339
Cash Growth	-46.88%	-39.57%	-51.18%	8.21%	85.82%	-8.04%
Accounts Receivable	2,919	2,782	4,983	6,528	4,325	3,005
Other Receivables	489.91	424.41	638.5	918.52	1,395	2,152
Receivables	3,409	3,206	5,622	7,447	5,720	5,157
Inventory	1,336	1,472	3,132	5,568	6,402	3,031
Other Current Assets	960.31	1,120	1,595	2,432	1,393	2,068
Total Current Assets	7,680	8,965	15,590	26,183	23,437	15,595
Property, Plant & Equipment	17,074	18,597	23,688	24,823	11,096	11,359
Long-Term Investments	818.35	817.7	831.92	188.97	779.42	682.47
Other Intangible Assets	1,040	1,049	1,061	923.75	950.26	685.67
Long-Term Accounts Receivable	44.81	49.18	56.9	94.59	126.21	187.07
Long-Term Deferred Tax Assets	1,794	1,702	1,427	860.38	752.55	556.8
Long-Term Deferred Charges	195.61	208.92	258.91	332.45	216.49	173.57
Other Long-Term Assets	134.11	118.74	180.4	839.44	1,000	321.76
Total Assets	28,781	31,508	43,094	54,246	38,358	29,561
Accounts Payable	6,529	7,095	10,217	18,371	13,556	10,382
Accrued Expenses	117.87	204.02	273.81	328.07	288.01	161.49
Short-Term Debt	6,480	6,541	6,930	5,612	4,256	3,795
Current Portion of Long-Term Debt	1,189	970.02	2,000	941.36	-	271.79
Current Portion of Leases	-	386.54	1,119	1,252	-	448.58
Current Income Taxes Payable	77.52	13.04	21.54	145.71	98.98	198.62
Current Unearned Revenue	798.15	858.43	1,056	2,312	3,445	1,165
Other Current Liabilities	423.45	497.03	1,711	2,011	2,728	335.78
Total Current Liabilities	15,615	16,565	23,329	30,974	24,372	16,759
Long-Term Debt	2,113	1,950	2,538	3,820	2,121	1,773
Long-Term Leases	2,085	3,592	5,021	3,058	1,011	1,147
Long-Term Unearned Revenue	440.39	479.02	537.85	536	280.58	252.99
Long-Term Deferred Tax Liabilities	62.43	57.25	75.75	91.22	181.39	87.04
Other Long-Term Liabilities	189.93	251.65	74.35	539.5	3.1	4.08
Total Liabilities	20,505	22,895	31,576	39,019	27,969	20,023
Common Stock	1,140	1,140	1,140	1,140	891.87	901.36
Additional Paid-In Capital	9,871	9,871	9,871	9,836	5,173	5,154
Retained Earnings	-2,349	-1,988	839.15	4,501	3,365	2,494
Treasury Stock	-280.82	-280.82	-280.82	-156.08	-	-72.41
Comprehensive Income & Other	-86.83	-111.05	-72.09	-111.93	-69.37	3.45
Total Common Equity	8,295	8,631	11,497	15,208	9,361	8,480
Minority Interest	-18.46	-18.55	21.17	18.27	1,028	1,059
Shareholders' Equity	8,276	8,613	11,518	15,227	10,389	9,538
Total Liabilities & Equity	28,781	31,508	43,094	54,246	38,358	29,561
Total Debt	11,866	13,440	17,608	14,684	7,388	7,436
Net Cash (Debt)	-9,891	-10,273	-12,367	-3,948	2,533	-2,096
Net Cash Per Share	-8.65	-9.01	-10.94	-3.53	2.87	-2.48
Filing Date Shares Outstanding	1,121	1,121	1,121	1,128	1,140	891.87
Total Common Shares Outstanding	1,121	1,121	1,121	1,128	891.87	891.87
Working Capital	-7,935	-7,600	-7,739	-4,790	-934.85	-1,164
Book Value Per Share	7.40	7.70	10.25	13.48	10.50	9.51
Tangible Book Value	7,255	7,583	10,436	14,285	8,411	7,794
Tangible Book Value Per Share	6.47	6.76	9.31	12.66	9.43	8.74
Buildings	-	6,151	6,092	4,715	3,295	2,299
Machinery	-	10,466	16,865	14,978	7,951	8,365
Construction In Progress	-	3,383	3,061	6,481	1,495	1,711

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