Zhejiang Provincial New Energy Investment Group Co., Ltd. (SHA: 600032)

Zhejiang Provincial New Energy Investment Group 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,677	2,423	2,409	3,835	1,040	1,296
Accounts Receivable	8,456	7,518	6,264	4,734	3,386	2,604
Other Receivables	233.49	86.5	84.05	83.87	105.36	65.92
Inventory	11.81	8.53	6.41	7.75	5.43	3.75
Other Current Assets	500.53	852.88	741.72	352.36	234.44	273.24
Total Current Assets	11,879	10,889	9,506	9,013	4,772	4,243
Property, Plant & Equipment	37,029	36,428	32,472	28,264	21,436	16,101
Goodwill	47.8	47.8	57.35	78.1	82.4	83.87
Other Intangible Assets	379.33	383.61	365.69	264.49	255.55	260.98
Long-Term Investments	3,900	3,679	3,166	2,806	2,216	1,998
Long-Term Deferred Tax Assets	191.13	161.15	117.6	75.84	60.3	43.87
Long-Term Deferred Charges	20.28	173.9	131.4	135.9	69.54	61.25
Other Long-Term Assets	1,488	1,170	841.37	965.65	881.14	1,400
Total Assets	54,936	52,931	46,657	41,604	29,773	24,192
Accounts Payable	1,967	1,718	1,369	2,008	955.45	174.36
Accrued Expenses	54.34	189.2	172.11	117.58	100.89	100.16
Short-Term Debt	1,211	1,445	2,381	5,052	2,153	1,403
Current Portion of Long-Term Debt	3,250	2,710	1,797	1,073	2,001	722.2
Current Unearned Revenue	42.44	42.42	49.91	2.46	2.6	-
Current Portion of Leases	-	1,170	962.41	1,542	939.17	358.58
Current Income Taxes Payable	222.27	53.25	37.34	49.28	34.61	16.86
Other Current Liabilities	965.86	1,053	660.97	2,720	765.4	1,281
Total Current Liabilities	7,713	8,380	7,430	12,565	6,952	4,056
Long-Term Debt	25,099	23,053	20,965	14,514	11,329	8,929
Long-Term Leases	222.81	2,942	3,714	2,168	1,246	1,377
Long-Term Unearned Revenue	36.16	36.97	38.77	40.64	44.76	41.99
Long-Term Deferred Tax Liabilities	265.52	234.62	213.86	71.03	76.68	81.89
Other Long-Term Liabilities	2,781	-	-	-	-	-
Total Liabilities	36,118	34,647	32,361	29,358	19,648	14,485
Common Stock	2,405	2,405	2,080	2,080	1,872	1,872
Additional Paid-In Capital	6,874	6,874	4,200	4,199	3,719	3,719
Retained Earnings	3,147	2,807	2,346	1,664	974.69	690.96
Comprehensive Income & Other	42.75	11.97	1.06	0.07	0.08	0.08
Total Common Equity	12,469	12,097	8,627	7,943	6,566	6,282
Minority Interest	6,350	6,187	5,669	4,302	3,559	3,424
Shareholders' Equity	18,818	18,284	14,296	12,245	10,125	9,707
Total Liabilities & Equity	54,936	52,931	46,657	41,604	29,773	24,192
Total Debt	29,783	31,320	29,819	24,349	17,668	12,789
Net Cash (Debt)	-27,106	-28,897	-27,409	-20,513	-16,628	-11,494
Net Cash Per Share	-11.27	-12.58	-13.18	-10.29	-8.88	-6.14
Filing Date Shares Outstanding	2,405	2,405	2,080	2,080	1,872	2,958
Total Common Shares Outstanding	2,405	2,405	2,080	2,080	1,872	2,958
Working Capital	4,167	2,509	2,075	-3,551	-2,180	186.56
Book Value Per Share	5.19	5.03	4.15	3.82	3.51	2.12
Tangible Book Value	12,041	11,666	8,204	7,601	6,228	5,937
Tangible Book Value Per Share	5.01	4.85	3.94	3.65	3.33	2.01
Buildings	-	14,072	12,592	12,469	7,197	6,868
Machinery	-	27,400	24,203	20,576	11,068	8,930
Construction In Progress	-	3,440	2,501	587.84	7,700	1,988

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