CF Energy Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	50.73	111.7	92.97	105.12	127.6
Short-Term Investments	5.4	5.17	6.03	10	3.24
Cash & Short-Term Investments	56.13	116.86	99	115.12	130.83
Cash Growth	-51.97%	18.05%	-14.00%	-12.01%	-12.74%
Accounts Receivable	63.83	65.51	51.03	36.23	39.88
Other Receivables	40.51	42.33	69.07	53.99	57.04
Total Trade Receivables	104.35	107.83	120.1	90.22	96.92
Inventory	5.33	5.17	4.64	4.77	3.99
Other Current Assets	27.84	29.98	20.38	52.93	28.25
Total Current Assets	193.65	259.85	244.12	525.09	258.42
Net Property, Plant & Equipment	984.96	987.26	980.63	880.55	832.69
Other Intangible Assets	10.63	11.9	12.71	12.71	12.05
Goodwill	2.25	2.25	2.25	2.25	1.64
Long-Term Investments	62.67	64.93	50.86	49.51	51.27
Other Long-Term Assets	19.2	16.68	12.64	37.06	37.71
Total Assets	1,273	1,343	1,303	1,507	1,194
Accounts Payable	157.26	183.96	165.77	160.83	133.74
Short-Term Debt	95.4	102.27	64.83	42.6	60.86
Current Portion of Long-Term Debt	86.79	86.08	73.88	45.92	61.35
Current Portion of Leases	0.69	1.03	1.4	2.17	2.24
Unearned Revenue	124.97	111.13	117.73	127.19	124.27
Other Current Liabilities	8.1	15.18	7.75	12.36	11
Total Current Liabilities	473.21	499.65	431.36	782.26	393.47
Long-Term Debt	313.9	363.51	406.43	380.53	351.26
Long-Term Leases	0.28	0.65	1.71	4.66	5.33
Other Long-Term Liabilities	62.44	63.09	64.35	34.58	27.14
Total Long-Term Liabilities	376.62	427.25	472.48	419.77	383.73
Total Liabilities	849.83	926.89	903.85	1,202	777.2
Common Stock	70.98	70.98	70.98	70.98	70.98
Retained Earnings	338.99	325.09	300.68	314.97	296.81
Total Common Shareholders' Equity	409.97	396.07	371.66	385.95	367.79
Minority Interest	13.56	19.9	27.72	48.19	50.36
Shareholders' Equity	423.53	415.97	399.37	434.14	418.14
Total Liabilities & Equity	1,273	1,343	1,303	1,636	1,195
Total Debt	497.05	553.55	548.25	475.88	481.04
Net Cash (Debt)	-440.92	-436.68	-449.25	-360.76	-350.21
Net Cash Per Share	-6.69	-6.63	-6.82	-5.40	-5.17
Book Value	409.97	396.07	371.66	385.95	367.79
Book Value Per Share	6.22	6.01	5.64	5.77	5.43
Tangible Book Value	397.09	381.92	356.69	370.98	354.11
Tangible Book Value Per Share	6.03	5.80	5.41	5.55	5.23

Updated Apr 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.