Ruifeng Power Group Company Limited (HKG:2025)

HKG:2025 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	26.14	57.54	40.56	11.55	30.01	26.32
Cash & Short-Term Investments	26.14	57.54	40.56	11.55	30.01	26.32
Cash Growth	-60.94%	41.88%	251.13%	-61.51%	14.03%	-46.60%
Accounts Receivable	290.17	257.57	270.52	257.09	263.17	282.7
Other Receivables	45.47	43.86	34.7	43.13	42.26	-
Receivables	335.64	301.43	305.22	300.22	305.43	282.7
Inventory	301.3	319.68	273.12	273.06	239.6	197.09
Other Current Assets	34.84	31.6	18.98	29.37	15.42	99.33
Total Current Assets	697.91	710.24	637.87	614.2	590.46	605.43
Property, Plant & Equipment	1,094	1,073	941.87	936.13	868.84	821.62
Long-Term Deferred Tax Assets	17.54	19.1	20.11	14.96	15.63	13.62
Other Long-Term Assets	23.72	40.9	39.29	38.73	36.75	-
Total Assets	1,833	1,844	1,639	1,604	1,512	1,441
Accounts Payable	305.29	373.04	280.81	250.8	233.99	158.32
Accrued Expenses	5.14	11.9	7.82	6.39	6.52	8.91
Short-Term Debt	207.59	43.79	84.2	230.83	160	160
Current Portion of Long-Term Debt	-	131.99	17	2.44	-	-
Current Portion of Leases	-	-	-	0.28	0.07	0.24
Current Income Taxes Payable	0.17	0.18	0.26	0.04	0.06	3
Current Unearned Revenue	1.45	10.02	8.88	6.76	5.03	4.65
Other Current Liabilities	117.34	95.31	83.89	81.18	83.83	92.55
Total Current Liabilities	636.97	666.23	482.86	578.7	489.49	427.67
Long-Term Debt	160.25	140.71	142.33	2.18	-	-
Long-Term Leases	-	-	-	0.07	-	0.09
Long-Term Unearned Revenue	34.11	37.02	27.5	33.4	39.97	46.99
Long-Term Deferred Tax Liabilities	-	-	1.65	5.12	5.12	5.12
Other Long-Term Liabilities	6.12	5.09	-	-	2.91	2.54
Total Liabilities	837.45	849.05	654.33	619.47	537.48	482.41
Common Stock	66.43	66.43	66.43	66.43	66.43	66.43
Additional Paid-In Capital	67.58	82.25	93.2	104.24	116.41	136.04
Retained Earnings	852.26	834.91	815.59	804.32	783.91	747.34
Comprehensive Income & Other	9.19	10.96	9.6	9.55	7.46	8.46
Shareholders' Equity	995.46	994.54	984.81	984.53	974.2	958.26
Total Liabilities & Equity	1,833	1,844	1,639	1,604	1,512	1,441
Total Debt	367.84	316.49	243.52	235.79	160.07	160.32
Net Cash (Debt)	-341.7	-258.95	-202.97	-224.24	-130.06	-134.01
Net Cash Per Share	-0.43	-0.32	-0.25	-0.28	-0.16	-0.17
Filing Date Shares Outstanding	800	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800	800
Working Capital	60.95	44.01	155.01	35.49	100.97	177.76
Book Value Per Share	1.24	1.24	1.23	1.23	1.22	1.20
Tangible Book Value	995.46	994.54	984.81	984.53	974.2	958.26
Tangible Book Value Per Share	1.24	1.24	1.23	1.23	1.22	1.20
Machinery	-	1,535	1,408	1,285	988.28	930.16
Construction In Progress	-	166.84	68.58	88.61	230.88	176.33

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.