Triumph New Energy Company Limited (HKG: 1108)

Triumph New Energy Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	266.14	280.54	696.36	1,137	338.34	432.87
Cash & Short-Term Investments	266.14	280.54	696.36	1,137	338.34	432.87
Cash Growth	-59.56%	-59.71%	-38.73%	235.92%	-21.84%	56.76%
Accounts Receivable	2,696	2,891	2,343	1,013	1,193	924.15
Other Receivables	100.86	147.32	99.32	15.09	547.77	14.76
Receivables	2,797	3,039	2,442	1,028	1,741	938.91
Inventory	926.29	686.89	695.51	686.16	307.9	281.88
Prepaid Expenses	0	0	-	-	-	0.24
Other Current Assets	391.83	308.28	235.6	317.49	224.86	165.79
Total Current Assets	4,382	4,314	4,070	3,169	2,612	1,820
Property, Plant & Equipment	7,553	6,730	5,194	5,168	3,342	2,947
Goodwill	17.58	17.58	17.58	-	-	-
Other Intangible Assets	731.34	745.12	699.58	644.28	453.96	396.36
Long-Term Deferred Tax Assets	39.38	15.96	16.84	16.99	10.47	9.37
Long-Term Deferred Charges	24.52	14.9	9.24	14.37	19.38	9.87
Other Long-Term Assets	35.15	590.13	559.26	240.94	88.52	58.67
Total Assets	12,783	12,428	10,566	9,253	6,526	5,241
Accounts Payable	2,344	2,022	2,157	1,296	982.71	1,281
Accrued Expenses	42.77	105.34	60.62	71.65	100.96	51.48
Short-Term Debt	958.52	760.66	1,098	1,327	1,278	1,240
Current Portion of Long-Term Debt	875.56	449.92	54.43	256.17	351.26	214.67
Current Portion of Leases	3.63	3.55	3.39	2.49	-	-
Current Income Taxes Payable	5.41	26.92	12.1	4.88	62.65	22.1
Current Unearned Revenue	8.17	8.37	18.59	46.72	59.5	15.65
Other Current Liabilities	451.17	777.81	742.72	718.28	820.13	352.05
Total Current Liabilities	4,689	4,155	4,147	3,723	3,656	3,177
Long-Term Debt	2,999	3,124	1,704	1,033	640.53	545.74
Long-Term Leases	4.02	5.86	9.41	6.77	9.24	-
Long-Term Unearned Revenue	50.14	52.75	51.34	132.72	125.13	104.83
Long-Term Deferred Tax Liabilities	35.88	37.31	40.57	18.55	15.45	-
Total Liabilities	7,777	7,374	5,952	4,914	4,446	3,827
Common Stock	645.67	645.67	645.67	645.67	548.54	552.4
Additional Paid-In Capital	3,781	3,781	3,781	3,792	2,078	1,979
Retained Earnings	145.88	200.66	-194.06	-603.1	-858.86	-1,232
Total Common Equity	4,572	4,627	4,232	3,835	1,768	1,299
Minority Interest	432.89	426.09	381.21	504.07	312.43	114.73
Shareholders' Equity	5,005	5,053	4,614	4,339	2,080	1,414
Total Liabilities & Equity	12,783	12,428	10,566	9,253	6,526	5,241
Total Debt	4,840	4,344	2,869	2,625	2,279	2,000
Net Cash (Debt)	-4,574	-4,063	-2,173	-1,488	-1,941	-1,568
Net Cash Per Share	-7.08	-6.29	-3.36	-2.56	-3.52	-2.80
Filing Date Shares Outstanding	645.67	645.67	645.67	645.67	548.54	552.4
Total Common Shares Outstanding	645.67	645.67	645.67	645.67	548.54	552.4
Working Capital	-307.23	159.75	-77.3	-554.71	-1,044	-1,357
Book Value Per Share	7.08	7.17	6.56	5.94	3.22	2.35
Tangible Book Value	3,823	3,864	3,515	3,191	1,314	902.86
Tangible Book Value Per Share	5.92	5.99	5.44	4.94	2.39	1.63
Buildings	2,092	1,978	1,668	1,484	1,233	828.65
Machinery	3,859	4,071	3,203	3,432	2,945	2,086
Construction In Progress	2,536	1,773	1,159	1,420	83.91	603.64

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