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

SHA:600032 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,524	1,879	2,423	2,409	3,835	1,040
Accounts Receivable	8,361	8,582	7,518	6,264	4,734	3,386
Other Receivables	68.56	21.68	86.5	84.05	83.87	105.36
Inventory	6.98	9.3	8.53	6.41	7.75	5.43
Other Current Assets	1,029	1,023	852.88	741.72	352.36	234.44
Total Current Assets	12,990	11,516	10,889	9,506	9,013	4,772
Property, Plant & Equipment	40,610	41,110	36,428	32,472	28,264	21,436
Goodwill	25.91	25.91	47.8	57.35	78.1	82.4
Other Intangible Assets	389.62	399.26	383.61	365.69	264.49	255.55
Long-Term Investments	4,162	4,062	3,679	3,166	2,806	2,216
Long-Term Deferred Tax Assets	135.33	159.51	161.15	117.6	75.84	60.3
Long-Term Deferred Charges	22.04	176.84	173.9	131.4	135.9	69.54
Other Long-Term Assets	1,519	1,454	1,170	841.37	965.65	881.14
Total Assets	59,854	58,903	52,931	46,657	41,604	29,773
Accounts Payable	1,794	2,738	1,718	1,369	2,008	955.45
Accrued Expenses	64.67	184.62	181.33	172.11	117.58	100.89
Short-Term Debt	2,319	2,165	1,445	2,381	5,052	2,153
Current Portion of Long-Term Debt	4,447	2,390	2,685	1,797	1,073	2,001
Current Unearned Revenue	21.84	16	42.42	49.91	2.46	2.6
Current Portion of Leases	-	363.7	1,196	962.41	1,542	939.17
Current Income Taxes Payable	220.73	49.09	53.25	37.34	49.28	34.61
Other Current Liabilities	1,080	1,087	1,060	660.97	2,720	765.4
Total Current Liabilities	9,948	8,993	8,380	7,430	12,565	6,952
Long-Term Debt	26,845	26,998	23,078	20,965	14,514	11,329
Long-Term Leases	3,114	3,861	2,917	3,714	2,168	1,246
Long-Term Unearned Revenue	34.36	35.16	36.97	38.77	40.64	44.76
Long-Term Deferred Tax Liabilities	221.31	229.32	234.62	213.86	71.03	76.68
Total Liabilities	40,163	40,117	34,647	32,361	29,358	19,648
Common Stock	2,405	2,405	2,405	2,080	2,080	1,872
Additional Paid-In Capital	6,945	6,942	6,874	4,200	4,199	3,719
Retained Earnings	3,558	3,070	2,807	2,346	1,664	974.69
Comprehensive Income & Other	40.14	15.24	11.97	1.06	0.07	0.08
Total Common Equity	12,948	12,432	12,097	8,627	7,943	6,566
Minority Interest	6,743	6,354	6,187	5,669	4,302	3,559
Shareholders' Equity	19,691	18,786	18,284	14,296	12,245	10,125
Total Liabilities & Equity	59,854	58,903	52,931	46,657	41,604	29,773
Total Debt	36,726	35,779	31,320	29,819	24,349	17,668
Net Cash (Debt)	-33,201	-33,899	-28,897	-27,409	-20,513	-16,628
Net Cash Per Share	-13.81	-14.10	-12.58	-13.18	-10.29	-8.88
Filing Date Shares Outstanding	2,405	2,405	2,405	2,080	2,080	1,872
Total Common Shares Outstanding	2,405	2,405	2,405	2,080	2,080	1,872
Working Capital	3,043	2,522	2,509	2,075	-3,551	-2,180
Book Value Per Share	5.38	5.17	5.03	4.15	3.82	3.51
Tangible Book Value	12,532	12,006	11,666	8,204	7,601	6,228
Tangible Book Value Per Share	5.21	4.99	4.85	3.94	3.65	3.33
Buildings	-	14,266	14,072	12,592	12,469	7,197
Machinery	-	34,366	27,400	24,203	20,576	11,068
Construction In Progress	-	2,611	3,440	2,501	587.84	7,700

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