CF 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	77.64	50.73	111.7	92.97	105.12	127.6
Short-Term Investments	0.33	5.4	5.17	6.03	10	3.24
Cash & Short-Term Investments	77.97	56.13	116.86	99	115.12	130.83
Cash Growth	26.82%	-51.97%	18.05%	-14.00%	-12.01%	-12.74%
Accounts Receivable	61.5	63.83	65.51	51.03	36.23	39.88
Other Receivables	47.82	40.51	42.33	69.07	53.99	57.04
Total Trade Receivables	109.32	104.35	107.83	120.1	90.22	96.92
Inventory	7.07	5.33	5.17	4.64	4.77	3.99
Other Current Assets	24.91	27.84	29.98	20.38	52.93	28.25
Total Current Assets	219.27	193.65	259.85	244.12	525.09	258.42
Net Property, Plant & Equipment	995.39	984.96	987.26	980.63	880.55	832.69
Other Intangible Assets	10.78	10.63	11.9	12.71	12.71	12.05
Goodwill	2.25	2.25	2.25	2.25	2.25	1.64
Long-Term Investments	63.18	62.67	64.93	50.86	49.51	51.27
Other Long-Term Assets	21.58	19.2	16.68	12.64	37.06	37.71
Total Assets	1,312	1,273	1,343	1,303	1,507	1,194
Accounts Payable	123.15	157.26	183.96	165.77	160.83	133.74
Short-Term Debt	142.4	95.4	102.27	64.83	42.6	60.86
Current Portion of Long-Term Debt	87.77	86.79	86.08	73.88	45.92	61.35
Current Portion of Leases	0.61	0.69	1.03	1.4	2.17	2.24
Unearned Revenue	120.6	124.97	111.13	117.73	127.19	124.27
Other Current Liabilities	9.07	8.1	15.18	7.75	12.36	11
Total Current Liabilities	483.59	473.21	499.65	431.36	782.26	393.47
Long-Term Debt	303.51	313.9	363.51	406.43	380.53	351.26
Long-Term Leases	0.12	0.28	0.65	1.71	4.66	5.33
Other Long-Term Liabilities	93.99	62.44	63.09	64.35	34.58	27.14
Total Long-Term Liabilities	397.62	376.62	427.25	472.48	419.77	383.73
Total Liabilities	881.21	849.83	926.89	903.85	1,202	777.2
Common Stock	70.98	70.98	70.98	70.98	70.98	70.98
Retained Earnings	345.95	338.99	325.09	300.68	314.97	296.81
Total Common Shareholders' Equity	416.93	409.97	396.07	371.66	385.95	367.79
Minority Interest	14.31	13.56	19.9	27.72	48.19	50.36
Shareholders' Equity	431.24	423.53	415.97	399.37	434.14	418.14
Total Liabilities & Equity	1,312	1,273	1,343	1,303	1,636	1,195
Total Debt	534.41	497.05	553.55	548.25	475.88	481.04
Net Cash (Debt)	-456.44	-440.92	-436.68	-449.25	-360.76	-350.21
Net Cash Per Share	-6.93	-6.69	-6.63	-6.82	-5.40	-5.17
Book Value	416.93	409.97	396.07	371.66	385.95	367.79
Book Value Per Share	6.33	6.22	6.01	5.64	5.77	5.43
Tangible Book Value	403.9	397.09	381.92	356.69	370.98	354.11
Tangible Book Value Per Share	6.13	6.03	5.80	5.41	5.55	5.23