Wolong New Energy Group Co., Ltd. (SHA:600173)

Wolong New Energy Group Balance Sheet

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

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

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