Shan Xi Hua Yang Group New Energy Co.,Ltd. (SHA:600348)

SHA:600348 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11,187	11,620	14,497	17,435	16,074	8,535
Cash & Short-Term Investments	11,187	11,620	14,497	17,435	16,074	8,535
Cash Growth	-29.96%	-19.85%	-16.85%	8.47%	88.34%	36.53%
Accounts Receivable	2,326	2,240	2,362	2,644	5,510	5,109
Other Receivables	283.51	332.45	141.98	442.64	301.9	640.63
Receivables	2,610	2,572	2,504	3,086	5,812	5,750
Inventory	743.88	801.67	676.99	699.65	643.1	680.64
Other Current Assets	449.41	312.84	444.34	511.78	288.62	451.65
Total Current Assets	14,990	15,307	18,123	21,733	22,817	15,417
Property, Plant & Equipment	45,975	44,710	40,003	35,586	32,235	31,363
Long-Term Investments	1,641	1,542	1,481	1,449	1,373	1,091
Other Intangible Assets	13,066	13,209	6,282	6,322	4,863	5,295
Long-Term Deferred Tax Assets	1,055	1,055	1,090	965.6	1,116	970.31
Long-Term Deferred Charges	222.05	117.9	97.11	44.46	39.3	62.75
Other Long-Term Assets	5,256	5,032	4,496	3,800	3,836	3,186
Total Assets	82,205	80,971	71,571	69,900	66,280	57,483
Accounts Payable	9,750	12,500	11,374	11,029	11,863	11,023
Accrued Expenses	1,728	2,034	2,164	2,545	3,488	2,389
Short-Term Debt	3,377	2,923	2,780	4,791	9,622	7,412
Current Portion of Long-Term Debt	479.14	854.14	5,290	1,074	1,904	210.04
Current Portion of Leases	38.25	50.13	26.18	47.25	62.26	-
Current Income Taxes Payable	62.06	144.37	787.85	1,596	1,438	208.83
Current Unearned Revenue	1,467	1,843	2,129	2,417	1,988	2,630
Other Current Liabilities	2,710	1,862	1,357	1,617	1,721	1,523
Total Current Liabilities	19,612	22,209	25,908	25,116	32,087	25,396
Long-Term Debt	22,263	18,475	11,042	12,730	7,513	4,319
Long-Term Leases	371.17	391.82	387.39	397.7	547.49	-
Long-Term Unearned Revenue	465.06	471.18	504.09	541.31	546.2	549.29
Long-Term Deferred Tax Liabilities	0.12	0.12	0.39	0.85	192.52	284.79
Other Long-Term Liabilities	1,495	1,597	1,563	1,524	928.38	929.03
Total Liabilities	44,206	43,144	39,405	40,311	41,815	31,478
Common Stock	3,608	3,608	3,608	2,405	2,405	2,405
Additional Paid-In Capital	63.71	63.71	62.93	71.56	136.37	118.62
Retained Earnings	22,106	22,438	22,887	21,067	15,474	13,032
Comprehensive Income & Other	7,473	7,168	1,306	1,843	2,431	7,140
Total Common Equity	33,250	33,278	27,863	25,387	20,446	22,695
Minority Interest	4,748	4,550	4,303	3,214	3,030	2,321
Shareholders' Equity	37,998	37,827	32,166	29,589	24,465	26,005
Total Liabilities & Equity	82,205	80,971	71,571	69,900	66,280	57,483
Total Debt	26,529	22,694	19,525	19,040	19,649	11,940
Net Cash (Debt)	-15,341	-11,074	-5,028	-1,605	-3,575	-3,406
Net Cash Per Share	-4.28	-3.07	-1.39	-0.44	-0.99	-0.94
Filing Date Shares Outstanding	3,608	3,608	3,608	3,608	3,608	3,608
Total Common Shares Outstanding	3,608	3,608	3,608	3,608	3,608	3,608
Working Capital	-4,622	-6,902	-7,785	-3,383	-9,270	-9,979
Book Value Per Share	7.56	7.57	7.72	7.04	5.39	4.64
Tangible Book Value	20,184	20,069	21,581	19,065	15,583	17,400
Tangible Book Value Per Share	3.94	3.91	5.98	5.28	4.04	3.17
Buildings	8,569	7,879	7,503	6,340	6,188	-
Machinery	27,260	27,270	25,792	20,915	20,477	-
Construction In Progress	16,348	14,293	10,761	11,947	7,959	-

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