Wolong New Energy Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	439.05	467.59	674.15	1,146	2,691	2,051	Upgrade
Trading Asset Securities	2.72	2.32	-	0.29	-	500.85	Upgrade
Cash & Short-Term Investments	441.78	469.91	674.15	1,146	2,691	2,552	Upgrade
Cash Growth	-20.38%	-30.29%	-41.19%	-57.40%	5.42%	-5.60%	Upgrade
Accounts Receivable	984.47	58.99	92.04	71.13	2.97	1.36	Upgrade
Other Receivables	31.74	44.19	54.19	117.49	120.64	55.27	Upgrade
Receivables	1,016	103.18	146.23	188.62	123.61	56.63	Upgrade
Inventory	3,132	3,442	3,561	3,881	3,488	4,063	Upgrade
Prepaid Expenses	-	28.96	66.55	30.69	52.02	80.62	Upgrade
Other Current Assets	343.21	307.78	230.7	203.57	184.4	153.53	Upgrade
Total Current Assets	4,933	4,352	4,679	5,450	6,539	6,906	Upgrade
Property, Plant & Equipment	2,091	487.35	737.15	160.84	72.78	7.22	Upgrade
Long-Term Investments	611.85	635.16	678.05	775.86	844.98	877.93	Upgrade
Goodwill	4.71	-	-	-	-	-	Upgrade
Other Intangible Assets	26.32	1.17	3.41	3.34	3.41	2.98	Upgrade
Long-Term Deferred Tax Assets	57.67	37.65	33.65	30.23	17.03	13.58	Upgrade
Long-Term Deferred Charges	19.48	3.51	23.06	1.86	0.87	12.22	Upgrade
Other Long-Term Assets	357.57	357.57	45.67	45.97	45.87	45.45	Upgrade
Total Assets	8,101	5,874	6,200	6,468	7,524	7,865	Upgrade
Accounts Payable	1,147	620.03	666.59	550.06	571.73	677.04	Upgrade
Accrued Expenses	15.37	211.38	430.4	615.77	694.62	696.49	Upgrade
Short-Term Debt	7.92	415.39	-	-	44.43	-	Upgrade
Current Portion of Long-Term Debt	166.35	52.67	-	-	-	-	Upgrade
Current Portion of Leases	-	-	-	0.34	0.54	-	Upgrade
Current Income Taxes Payable	114.44	84.66	26.44	74.96	134.27	102.04	Upgrade
Current Unearned Revenue	507.16	470.67	991.66	1,340	2,227	2,909	Upgrade
Other Current Liabilities	728.85	141.84	174.22	177.8	271.77	305.8	Upgrade
Total Current Liabilities	2,687	1,997	2,289	2,759	3,944	4,691	Upgrade
Long-Term Debt	697.89	101.43	100	-	-	-	Upgrade
Long-Term Deferred Tax Liabilities	7.52	6.04	6.25	8.26	17.23	16.54	Upgrade
Total Liabilities	3,477	2,104	2,396	2,768	3,961	4,707	Upgrade
Common Stock	700.51	700.51	700.51	700.51	700.51	700.99	Upgrade
Additional Paid-In Capital	13.29	13.06	11.83	10.47	35.34	10.92	Upgrade
Retained Earnings	3,109	3,079	3,080	2,988	2,824	2,446	Upgrade
Treasury Stock	-35	-35	-	-	-	-1.55	Upgrade
Comprehensive Income & Other	-0.1	-	-	-	-	-	Upgrade
Total Common Equity	3,788	3,758	3,792	3,699	3,560	3,157	Upgrade
Minority Interest	836.64	12.63	12.48	1.44	2.25	1.39	Upgrade
Shareholders' Equity	4,624	3,770	3,805	3,700	3,562	3,158	Upgrade
Total Liabilities & Equity	8,101	5,874	6,200	6,468	7,524	7,865	Upgrade
Total Debt	939.7	569.49	100	0.34	44.97	-	Upgrade
Net Cash (Debt)	-497.92	-99.58	574.15	1,146	2,646	2,552	Upgrade
Net Cash Growth	-	-	-49.90%	-56.69%	3.66%	-5.60%	Upgrade
Net Cash Per Share	-0.72	-0.14	0.82	1.64	3.79	3.64	Upgrade
Filing Date Shares Outstanding	691.26	691.26	700.51	700.51	700.51	700.99	Upgrade
Total Common Shares Outstanding	691.26	691.26	700.51	700.51	700.51	700.99	Upgrade
Working Capital	2,246	2,355	2,390	2,691	2,595	2,215	Upgrade
Book Value Per Share	5.48	5.44	5.41	5.28	5.08	4.50	Upgrade
Tangible Book Value	3,757	3,757	3,789	3,696	3,557	3,154	Upgrade
Tangible Book Value Per Share	5.43	5.43	5.41	5.28	5.08	4.50	Upgrade
Buildings	-	479.39	479.39	1.31	1.31	1.31	Upgrade
Machinery	-	28.23	29.18	21.63	20.96	18.87	Upgrade
Construction In Progress	-	-	233.64	156.53	68.76	3.52	Upgrade

Updated Oct 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.