Jiangsu New Energy Development Co., Ltd. (SHA: 603693)

Jiangsu New Energy Development Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,735	1,292	1,437	1,137	1,027	784.99
Trading Asset Securities	-	-	-	-	200.49	260.52
Accounts Receivable	3,108	2,655	2,081	1,893	1,361	1,155
Other Receivables	534.13	385.18	11.29	7.29	6.11	8.8
Inventory	19.93	20.54	16.99	19.46	32.67	45.68
Other Current Assets	195.18	258.64	297.78	327.28	264.27	204.67
Total Current Assets	5,593	4,611	3,844	3,384	2,892	2,459
Property, Plant & Equipment	10,456	10,669	10,646	11,149	7,350	5,640
Other Intangible Assets	43.25	50.65	62.8	69.39	61.75	61.38
Long-Term Investments	756.11	662.51	932.94	819.85	11.06	11.13
Long-Term Deferred Tax Assets	44.14	43.95	31.54	28.36	15.73	11.61
Long-Term Deferred Charges	5.52	2.51	2.83	3.38	5.06	6.33
Other Long-Term Assets	456.23	403.63	330.16	352.73	879.24	152.21
Total Assets	17,355	16,444	15,851	15,807	11,214	8,342
Accounts Payable	1,190	37.49	44.72	67.96	36.36	25.49
Accrued Expenses	11.56	103.1	100.37	80.81	69.03	58.32
Short-Term Debt	207.09	-	18.02	15.49	100.1	25.03
Current Portion of Long-Term Debt	291.7	522.47	2,886	629.84	698.02	458.96
Current Unearned Revenue	3.76	3.99	1.08	1.03	0.85	0.37
Current Portion of Leases	-	16.55	12.61	39.13	-	33.75
Current Income Taxes Payable	48.14	37.05	31.98	28.32	5.45	15.78
Other Current Liabilities	74.96	1,262	1,504	2,090	678.7	426.97
Total Current Liabilities	1,827	1,982	4,599	2,953	1,589	1,045
Long-Term Debt	7,348	6,878	4,093	6,326	4,396	2,067
Long-Term Leases	154.04	155.33	97.89	29.51	-	91.81
Long-Term Unearned Revenue	50.04	54.2	59.74	65.29	70.83	76.37
Other Long-Term Liabilities	0.61	0.61	0.58	0.52	0.52	0.53
Total Liabilities	9,380	9,070	8,850	9,374	6,056	3,280
Common Stock	891.48	891.48	891.48	685.75	618	618
Additional Paid-In Capital	3,672	3,672	3,672	3,878	3,150	3,150
Retained Earnings	2,137	1,846	1,508	1,100	884.22	823.21
Comprehensive Income & Other	10.82	5.51	1.99	0.35	0.67	1.73
Total Common Equity	6,711	6,416	6,074	5,664	4,653	4,593
Minority Interest	1,263	958.14	926.65	768.68	505.82	469.27
Shareholders' Equity	7,974	7,374	7,000	6,433	5,159	5,062
Total Liabilities & Equity	17,355	16,444	15,851	15,807	11,214	8,342
Total Debt	8,001	7,572	7,108	7,040	5,194	2,676
Net Cash (Debt)	-6,266	-6,281	-5,671	-5,903	-3,967	-1,631
Net Cash Per Share	-7.04	-7.05	-6.31	-7.27	-4.96	-2.03
Filing Date Shares Outstanding	891.48	891.48	891.48	891.48	803.4	803.4
Total Common Shares Outstanding	891.48	891.48	891.48	891.48	803.4	803.4
Working Capital	3,766	2,629	-754.59	431.25	1,303	1,415
Book Value Per Share	7.53	7.20	6.81	6.35	5.79	5.72
Tangible Book Value	6,668	6,365	6,011	5,595	4,591	4,531
Tangible Book Value Per Share	7.48	7.14	6.74	6.28	5.71	5.64
Buildings	-	1,402	2,310	2,225	-	1,016
Machinery	-	12,817	11,281	11,243	-	6,487
Construction In Progress	-	104.78	79.58	7.97	-	66.65

Source: S&P Capital IQ. Utility template. Financial Sources.