Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd (SHA:600506)

SHA:600506 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	333.69	203.38	290.56	533.25	1,430	88.82
Cash & Short-Term Investments	333.69	203.38	290.56	533.25	1,430	88.82
Cash Growth	10.65%	-30.00%	-45.51%	-62.72%	1510.42%	1.74%
Accounts Receivable	415.65	298.22	268.38	196.87	281.09	7.12
Other Receivables	9.59	11.62	18.06	28.4	26.35	26.52
Receivables	425.24	309.84	286.44	225.26	307.44	33.64
Inventory	156.45	117.74	154.48	287.87	326.39	11.38
Other Current Assets	71.74	29.29	21.01	19.3	28.92	8.14
Total Current Assets	987.12	660.26	752.49	1,066	2,093	141.98
Property, Plant & Equipment	271.89	276.63	319.16	405.53	450.4	99.53
Goodwill	717.17	717.17	717.17	723.17	771.21	-
Other Intangible Assets	224.69	227.49	250.56	266.83	282.48	29.86
Long-Term Deferred Tax Assets	17.33	17.33	27.41	15.06	19.75	1.49
Other Long-Term Assets	55.46	55.93	57.8	34.93	28.31	27.5
Total Assets	2,274	1,955	2,125	2,511	3,645	300.36
Accounts Payable	318.16	154.95	122.45	77.23	158.45	-
Accrued Expenses	72.31	261.31	240.97	261	313.32	2.61
Short-Term Debt	528.92	408.45	337.69	268.59	160.11	-
Current Portion of Long-Term Debt	-	134.93	271.62	49.59	50	-
Current Portion of Leases	-	0.57	4.01	7.14	8.96	-
Current Income Taxes Payable	-	0	1.47	1.53	1.94	-
Current Unearned Revenue	69.84	51.82	40.98	34.23	15.41	5.85
Other Current Liabilities	350.86	50.12	59.5	61.17	1,281	2.45
Total Current Liabilities	1,340	1,062	1,079	760.48	1,989	10.91
Long-Term Debt	393.96	393.96	564.08	1,162	1,110	-
Long-Term Leases	2.42	2.53	15.06	35.97	40.26	-
Long-Term Unearned Revenue	-	-	10.82	10.82	10.82	10.82
Long-Term Deferred Tax Liabilities	52.12	52.45	54.42	62.23	104.17	-
Other Long-Term Liabilities	-	-	-	29	148	-
Total Liabilities	1,789	1,511	1,723	2,061	3,403	21.84
Common Stock	192.02	192.02	192.02	192.02	147.71	147.71
Additional Paid-In Capital	482.63	482.63	471.82	471.82	223.98	223.98
Retained Earnings	-189.56	-230.92	-262.31	-213.32	-129.1	-93.17
Shareholders' Equity	485.09	443.73	401.53	450.51	242.59	278.52
Total Liabilities & Equity	2,274	1,955	2,125	2,511	3,645	300.36
Total Debt	925.29	940.44	1,192	1,523	1,369	-
Net Cash (Debt)	-591.6	-737.06	-901.89	-990.23	61.01	88.82
Net Cash Growth	-	-	-	-	-31.31%	1.74%
Net Cash Per Share	-3.08	-3.84	-4.70	-6.61	0.41	0.60
Filing Date Shares Outstanding	192.01	192.02	192.02	192.02	147.71	147.71
Total Common Shares Outstanding	192.01	192.02	192.02	192.02	147.71	147.71
Working Capital	-352.97	-401.9	-326.21	305.2	103.71	131.07
Book Value Per Share	2.53	2.31	2.09	2.35	1.64	1.89
Tangible Book Value	-456.78	-500.94	-566.2	-539.5	-811.11	248.66
Tangible Book Value Per Share	-2.38	-2.61	-2.95	-2.81	-5.49	1.68
Buildings	-	175.62	191.53	220.84	229.19	64.35
Machinery	-	142.46	148.92	171.33	165.17	19.63
Construction In Progress	-	4.46	8.62	3.83	3.98	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.