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

SHA:600032 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,619	2,591	1,879	2,423	2,409	3,835
Accounts Receivable	8,227	8,213	8,582	7,518	6,264	4,734
Other Receivables	53.4	17.24	21.68	86.5	84.05	83.87
Inventory	12.84	10.04	9.3	8.53	6.41	7.75
Prepaid Expenses	-	0.02	0	-	-	-
Other Current Assets	994.98	1,038	1,023	852.88	741.72	352.36
Total Current Assets	11,907	11,869	11,516	10,889	9,506	9,013
Property, Plant & Equipment	38,912	40,308	41,110	36,428	32,472	28,264
Goodwill	20.92	20.92	25.91	47.8	57.35	78.1
Other Intangible Assets	409.11	408.14	399.26	383.61	365.69	264.49
Long-Term Investments	4,422	4,305	4,062	3,679	3,166	2,806
Long-Term Deferred Tax Assets	201.97	168.16	159.51	161.15	117.6	75.84
Long-Term Deferred Charges	28.38	191.96	176.84	173.9	131.4	135.9
Other Long-Term Assets	1,421	1,387	1,454	1,170	841.37	965.65
Total Assets	57,322	58,658	58,903	52,931	46,657	41,604

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,082	1,419	2,738	1,718	1,369	2,008
Accrued Expenses	82.51	185.56	212.32	188.14	172.11	117.58
Short-Term Debt	3,150	2,242	2,165	1,445	2,381	5,052
Current Portion of Long-Term Debt	3,201	3,508	2,390	2,685	1,797	1,073
Current Unearned Revenue	0.11	10.66	16	42.42	49.91	2.46
Current Portion of Leases	-	475.63	363.7	1,196	962.41	1,542
Current Income Taxes Payable	205.94	39.92	49.09	53.25	37.34	49.28
Other Current Liabilities	1,322	1,510	1,059	1,054	660.97	2,720
Total Current Liabilities	9,044	9,392	8,993	8,380	7,430	12,565
Long-Term Debt	25,233	26,202	26,998	23,078	20,965	14,514
Long-Term Leases	881.37	3,311	3,861	2,917	3,714	2,168
Long-Term Unearned Revenue	34.13	34.76	35.16	36.97	38.77	40.64
Long-Term Deferred Tax Liabilities	212.93	209.06	229.32	234.62	213.86	71.03
Other Long-Term Liabilities	2,379	26.78	-	-	-	-
Total Liabilities	37,784	39,175	40,117	34,647	32,361	29,358

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,405	2,405	2,405	2,405	2,080	2,080
Additional Paid-In Capital	6,932	6,936	6,942	6,874	4,200	4,199
Retained Earnings	3,749	3,451	3,070	2,807	2,346	1,664
Comprehensive Income & Other	76.17	20.57	15.24	11.97	1.06	0.07
Total Common Equity	13,162	12,812	12,432	12,097	8,627	7,943
Minority Interest	6,376	6,671	6,354	6,187	5,669	4,302
Shareholders' Equity	19,538	19,483	18,786	18,284	14,296	12,245
Total Liabilities & Equity	57,322	58,658	58,903	52,931	46,657	41,604

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	32,465	35,739	35,779	31,320	29,819	24,349
Net Cash (Debt)	-29,846	-33,149	-33,899	-28,897	-27,409	-20,513
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.41	-13.79	-14.10	-12.58	-13.18	-10.29
Filing Date Shares Outstanding	2,401	2,405	2,405	2,405	2,080	2,080
Total Common Shares Outstanding	2,401	2,405	2,405	2,405	2,080	2,080
Working Capital	2,863	2,477	2,522	2,509	2,075	-3,551
Book Value Per Share	5.48	5.33	5.17	5.03	4.15	3.82
Tangible Book Value	12,732	12,383	12,006	11,666	8,204	7,601
Tangible Book Value Per Share	5.30	5.15	4.99	4.85	3.94	3.65
Buildings	-	13,666	14,266	14,072	12,592	12,469
Machinery	-	37,252	34,366	27,400	24,203	20,576
Construction In Progress	-	1,399	2,611	3,440	2,501	587.84

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

Data Sources Report a data error