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

SHA:603693 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	1,576	1,762	1,292	1,437	1,137	1,027
Trading Asset Securities	-	-	-	-	-	200.49
Accounts Receivable	3,344	3,089	2,655	2,081	1,893	1,361
Other Receivables	500.63	486.48	385.18	11.29	7.29	6.11
Inventory	18.25	18.8	20.54	16.99	19.46	32.67
Other Current Assets	132.87	159.64	258.64	297.78	327.28	264.27
Total Current Assets	5,572	5,516	4,611	3,844	3,384	2,892
Property, Plant & Equipment	10,771	10,886	10,669	10,646	11,149	7,350
Other Intangible Assets	57.56	59.12	50.65	62.8	69.39	61.75
Long-Term Investments	699.18	680.97	662.51	932.94	819.85	11.06
Long-Term Deferred Tax Assets	74.71	62.95	43.95	31.54	28.36	15.73
Long-Term Deferred Charges	2.07	2.15	2.51	2.83	3.38	5.06
Other Long-Term Assets	492.89	415.91	403.63	330.16	352.73	879.24
Total Assets	17,670	17,624	16,444	15,851	15,807	11,214
Accounts Payable	1,009	1,003	37.49	44.72	67.96	36.36
Accrued Expenses	12.58	11.14	103.1	100.37	80.81	69.03
Short-Term Debt	173.12	173.15	-	18.02	15.49	100.1
Current Portion of Long-Term Debt	898.26	716.3	522.47	2,886	629.84	698.02
Current Unearned Revenue	3.77	4.07	3.99	1.08	1.03	0.85
Current Portion of Leases	-	-	16.55	12.61	39.13	-
Current Income Taxes Payable	89.11	65.22	37.05	31.98	28.32	5.45
Other Current Liabilities	122.98	154.39	1,262	1,504	2,090	678.7
Total Current Liabilities	2,309	2,127	1,982	4,599	2,953	1,589
Long-Term Debt	4,968	5,096	6,878	4,093	6,326	4,396
Long-Term Leases	454.6	491.36	155.33	97.89	29.51	-
Long-Term Unearned Revenue	47.27	48.65	54.2	59.74	65.29	70.83
Other Long-Term Liabilities	1,775	1,960	0.61	0.58	0.52	0.52
Total Liabilities	9,554	9,723	9,070	8,850	9,374	6,056
Common Stock	891.48	891.48	891.48	891.48	685.75	618
Additional Paid-In Capital	3,673	3,673	3,672	3,672	3,878	3,150
Retained Earnings	2,293	2,130	1,846	1,508	1,100	884.22
Comprehensive Income & Other	8.8	6.01	5.51	1.99	0.35	0.67
Total Common Equity	6,866	6,700	6,416	6,074	5,664	4,653
Minority Interest	1,249	1,201	958.14	926.65	768.68	505.82
Shareholders' Equity	8,115	7,900	7,374	7,000	6,433	5,159
Total Liabilities & Equity	17,670	17,624	16,444	15,851	15,807	11,214
Total Debt	6,494	6,477	7,572	7,108	7,040	5,194
Net Cash (Debt)	-4,918	-4,714	-6,281	-5,671	-5,903	-3,967
Net Cash Per Share	-5.52	-5.31	-7.05	-6.31	-7.27	-4.96
Filing Date Shares Outstanding	909.36	898.64	891.48	891.48	891.48	803.4
Total Common Shares Outstanding	909.36	898.64	891.48	891.48	891.48	803.4
Working Capital	3,263	3,389	2,629	-754.59	431.25	1,303
Book Value Per Share	7.55	7.46	7.20	6.81	6.35	5.79
Tangible Book Value	6,808	6,640	6,365	6,011	5,595	4,591
Tangible Book Value Per Share	7.49	7.39	7.14	6.74	6.28	5.71
Buildings	-	-	1,402	2,310	2,225	-
Machinery	-	-	12,817	11,281	11,243	-
Construction In Progress	-	-	104.78	79.58	7.97	-

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