Zhejiang Sunoren Solar Technology Co.,Ltd. (SHA:603105)

SHA:603105 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	490.16	388.48	684.84	253.34	113.18	68.56
Trading Asset Securities	-	-	-	-	6.71	1.31
Cash & Short-Term Investments	490.16	388.48	684.84	253.34	119.89	69.87
Cash Growth	-19.37%	-43.27%	170.32%	111.32%	71.58%	-59.81%
Accounts Receivable	326.02	282.68	190.76	80.24	62.41	113.87
Other Receivables	3.87	4.34	5.43	3.29	5.78	9.29
Receivables	329.89	287.03	196.2	83.53	68.19	123.16
Inventory	13.16	11.22	30.94	14.84	35.47	50.74
Other Current Assets	33.09	33.5	38.61	56.45	186.53	201.15
Total Current Assets	866.3	720.23	950.58	408.16	410.08	444.94
Property, Plant & Equipment	3,515	3,494	3,305	3,015	2,638	2,267
Long-Term Investments	14.38	14.34	11.71	10	-	10
Other Intangible Assets	40.3	40.65	41.59	36.07	36.6	14.18
Long-Term Deferred Tax Assets	21.46	21.49	18.63	14.47	13.46	17.59
Long-Term Deferred Charges	0.52	0.63	1.29	2.17	9.86	29.71
Other Long-Term Assets	16.66	5.76	21.98	25.13	31.24	13.27
Total Assets	4,474	4,297	4,351	3,511	3,140	2,797
Accounts Payable	112.63	112.91	111.67	231.95	174.6	146.1
Accrued Expenses	4.7	21.04	25.78	21.09	15.89	12.36
Short-Term Debt	219.11	190	160.32	30.03	92.39	54.34
Current Portion of Long-Term Debt	235.61	193.14	187.44	196.67	208.1	207.47
Current Portion of Leases	-	-	4.35	7.18	7.32	-
Current Income Taxes Payable	52.7	56.97	19.66	9.56	5.79	8.33
Current Unearned Revenue	9.79	5.4	12.82	1.44	1	5.6
Other Current Liabilities	4.08	6.01	82.89	64.76	26.66	1.97
Total Current Liabilities	638.62	585.49	604.92	562.69	531.76	436.17
Long-Term Debt	1,509	1,410	1,571	1,079	892	807.51
Long-Term Leases	84.65	85.75	83.46	80.64	84.36	-
Long-Term Unearned Revenue	16.1	16.5	12.53	14.66	17.46	15.08
Long-Term Deferred Tax Liabilities	0.02	-	0.03	0.01	-	0.12
Other Long-Term Liabilities	7.95	9.46	7.21	6.82	5.39	5.74
Total Liabilities	2,257	2,107	2,279	1,744	1,531	1,265
Common Stock	500.01	500.01	500	500	500	500
Additional Paid-In Capital	715.43	715.43	715.35	715.35	715.35	715.35
Retained Earnings	858.15	830.57	711.98	551.83	393.34	316.93
Comprehensive Income & Other	143.9	143.9	143.91	-	-	-
Total Common Equity	2,217	2,190	2,071	1,767	1,609	1,532
Shareholders' Equity	2,217	2,190	2,071	1,767	1,609	1,532
Total Liabilities & Equity	4,474	4,297	4,351	3,511	3,140	2,797
Total Debt	2,049	1,879	2,007	1,394	1,284	1,069
Net Cash (Debt)	-1,559	-1,491	-1,322	-1,141	-1,164	-999.44
Net Cash Per Share	-3.24	-3.00	-2.64	-2.26	-2.33	-1.98
Filing Date Shares Outstanding	459.63	477.31	500	500	500	500
Total Common Shares Outstanding	459.63	477.31	500	500	500	500
Working Capital	227.67	134.74	345.66	-154.53	-121.67	8.77
Book Value Per Share	4.82	4.59	4.14	3.53	3.22	3.06
Tangible Book Value	2,177	2,149	2,030	1,731	1,572	1,518
Tangible Book Value Per Share	4.74	4.50	4.06	3.46	3.14	3.04
Buildings	-	-	62.75	49.54	49.65	57.9
Machinery	-	-	3,797	3,430	3,084	2,824
Construction In Progress	-	-	314.2	227.57	121.73	2.55

Source: S&P Global Market Intelligence. Standard template. Financial Sources.