Concord New Energy Group Limited (HKG:0182)

Concord New Energy Group Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,694	2,445	3,471	3,510	2,280
Trading Asset Securities	55.73	154.45	138.84	10	-
Accounts Receivable	2,116	1,668	1,659	2,221	1,894
Other Receivables	-	875.96	546.88	849.32	1,001
Inventory	19.22	46.3	59.2	27.68	12.15
Prepaid Expenses	929.93	321.11	194.81	183.75	139.94
Loans Receivable Current	16.18	17.8	16.35	9.91	9.15
Other Current Assets	3,313	1,457	578.24	640.97	327.61
Total Current Assets	8,144	6,986	6,664	7,454	5,663
Property, Plant & Equipment	18,648	18,709	15,436	12,380	9,840
Goodwill	-	715.62	787.72	816.85	873.56
Other Intangible Assets	659.84	0.41	0.51	0.61	0.7
Long-Term Investments	3,034	2,855	2,368	1,860	2,037
Long-Term Loans Receivable	11.67	30.83	45.24	49.66	20.25
Long-Term Deferred Tax Assets	61.27	47.27	39.49	37.74	37.65
Long-Term Accounts Receivable	177.75	269.82	164.99	91.43	66.94
Other Long-Term Assets	1,393	1,621	1,666	1,355	988.71
Total Assets	32,130	31,236	27,173	24,045	19,528
Accounts Payable	589.01	1,672	1,263	1,079	959.97
Current Portion of Long-Term Debt	2,092	1,869	2,333	1,405	1,472
Current Unearned Revenue	25.03	2,133	1,432	1,857	993.05
Current Portion of Leases	33.56	21.82	13.5	11.41	10.56
Current Income Taxes Payable	50.64	138	101.72	49.46	29.95
Other Current Liabilities	5,150	1,044	1,375	1,306	864.1
Total Current Liabilities	7,940	6,879	6,517	5,707	4,329
Long-Term Debt	14,106	14,666	11,607	10,096	8,079
Long-Term Leases	418.54	135.49	98.75	77.07	65.55
Long-Term Unearned Revenue	734.31	1,055	750.84	546.58	533.25
Long-Term Deferred Tax Liabilities	20.05	57.72	93.52	38.09	4.63
Other Long-Term Liabilities	4.77	8.06	10.6	17.12	22.54
Total Liabilities	23,224	22,801	19,078	16,482	13,034
Common Stock	68.39	72.6	77.44	77.5	72.41
Additional Paid-In Capital	-	2,773	3,068	3,091	2,673
Retained Earnings	-	5,547	4,862	4,220	3,641
Treasury Stock	-	-218.97	-240.38	-46.76	-32.2
Comprehensive Income & Other	8,647	109.6	65.58	72.44	65.43
Total Common Equity	8,715	8,283	7,832	7,414	6,420
Minority Interest	191.36	152.38	263.15	148.96	74.63
Shareholders' Equity	8,906	8,435	8,095	7,563	6,495
Total Liabilities & Equity	32,130	31,236	27,173	24,045	19,528
Total Debt	16,650	16,692	14,052	11,589	9,626
Net Cash (Debt)	-14,900	-14,092	-10,442	-8,069	-7,346
Net Cash Per Share	-1.86	-1.67	-1.18	-0.96	-0.80
Filing Date Shares Outstanding	7,973	8,024	8,480	8,833	8,211
Total Common Shares Outstanding	7,973	8,024	8,480	8,833	8,211
Working Capital	203.81	107.85	147.53	1,746	1,334
Book Value Per Share	1.09	1.03	0.92	0.84	0.78
Tangible Book Value	8,055	7,567	7,044	6,596	5,546
Tangible Book Value Per Share	1.01	0.94	0.83	0.75	0.68
Buildings	-	255.6	428.73	503.1	685.92
Machinery	-	16,685	12,845	10,063	7,780
Construction In Progress	-	3,017	3,285	2,696	2,011

Source: S&P Capital IQ. Utility template. Financial Sources.