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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	143.17	203.38	290.56	533.25	1,430	88.82
Cash & Short-Term Investments	143.17	203.38	290.56	533.25	1,430	88.82
Cash Growth	1.43%	-30.00%	-45.51%	-62.72%	1510.42%	1.74%
Accounts Receivable	475.12	298.22	268.38	196.87	281.09	7.12
Other Receivables	12.67	11.62	18.06	28.4	26.35	26.52
Receivables	487.79	309.84	286.44	225.26	307.44	33.64
Inventory	142.12	117.74	154.48	287.87	326.39	11.38
Other Current Assets	31.17	29.29	21.01	19.3	28.92	8.14
Total Current Assets	804.26	660.26	752.49	1,066	2,093	141.98
Property, Plant & Equipment	258.28	276.63	319.16	405.53	450.4	99.53
Goodwill	716.02	717.17	717.17	723.17	771.21	-
Other Intangible Assets	264.39	227.49	250.56	266.83	282.48	29.86
Long-Term Deferred Tax Assets	19.37	17.33	27.41	15.06	19.75	1.49
Other Long-Term Assets	53.53	55.93	57.8	34.93	28.31	27.5
Total Assets	2,116	1,955	2,125	2,511	3,645	300.36
Accounts Payable	243.26	154.95	122.45	77.23	158.45	-
Accrued Expenses	51.79	261.31	240.97	261	313.32	2.61
Short-Term Debt	319.01	408.45	337.69	268.59	160.11	-
Current Portion of Long-Term Debt	0.97	134.93	271.62	49.59	50	-
Current Portion of Leases	-	0.57	4.01	7.14	8.96	-
Current Income Taxes Payable	30.26	0	1.47	1.53	1.94	-
Current Unearned Revenue	71.79	51.82	40.98	34.23	15.41	5.85
Other Current Liabilities	230.31	50.12	59.5	61.17	1,281	2.45
Total Current Liabilities	947.39	1,062	1,079	760.48	1,989	10.91
Long-Term Debt	228.08	393.96	564.08	1,162	1,110	-
Long-Term Leases	2.47	2.53	15.06	35.97	40.26	-
Long-Term Unearned Revenue	-	-	10.82	10.82	10.82	10.82
Pension & Post-Retirement Benefits	-	-	-	-	0.03	0.11
Long-Term Deferred Tax Liabilities	50.36	52.45	54.42	62.23	104.17	-
Other Long-Term Liabilities	-	-	-	29	148	-
Total Liabilities	1,228	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	469.44	482.63	471.82	471.82	223.98	223.98
Retained Earnings	-181.72	-230.92	-262.31	-213.32	-129.1	-93.17
Shareholders' Equity	887.54	443.73	401.53	450.51	242.59	278.52
Total Liabilities & Equity	2,116	1,955	2,125	2,511	3,645	300.36
Total Debt	550.52	940.44	1,192	1,523	1,369	-
Net Cash (Debt)	-407.35	-737.06	-901.89	-990.23	61.01	88.82
Net Cash Growth	-	-	-	-	-31.31%	1.74%
Net Cash Per Share	-2.12	-3.84	-4.70	-6.61	0.41	0.60
Filing Date Shares Outstanding	192.02	192.02	192.02	192.02	147.71	147.71
Total Common Shares Outstanding	192.02	192.02	192.02	192.02	147.71	147.71
Working Capital	-143.13	-401.9	-326.21	305.2	103.71	131.07
Book Value Per Share	2.50	2.31	2.09	2.35	1.64	1.89
Tangible Book Value	-500.66	-500.94	-566.2	-539.5	-811.11	248.66
Tangible Book Value Per Share	-2.61	-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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.