Wuxi NCE Power Co.,Ltd. (SHA:605111)

Wuxi NCE Power 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	2,093	2,063	2,668	2,566	889.36	680.76
Short-Term Investments	-	-	-	-	-	60
Trading Asset Securities	612.08	643.66	52.23	-	40	-
Cash & Short-Term Investments	2,706	2,707	2,720	2,566	929.36	740.76
Cash Growth	-2.15%	-0.49%	6.01%	176.11%	25.46%	152.77%
Accounts Receivable	631.41	610.72	430.67	449.23	299.03	379.91
Other Receivables	1.25	1.18	0.15	3.47	3.6	1.65
Receivables	632.66	611.91	430.81	452.7	302.63	381.56
Inventory	310.34	311.62	453.9	441.34	249.82	109.11
Prepaid Expenses	-	-	7.39	2.63	30.08	10.51
Other Current Assets	5.98	4.63	3.06	5.87	5.2	0.13
Total Current Assets	3,654	3,635	3,615	3,469	1,517	1,242
Property, Plant & Equipment	474.06	472.78	418.95	247.73	228.58	127.17
Long-Term Investments	339.58	281.33	186.15	128.79	93.1	-
Goodwill	14.42	14.42	29.03	29.03	0.03	0.03
Other Intangible Assets	60.9	61.49	63.01	60.27	13.46	12.65
Long-Term Deferred Tax Assets	30.15	27.23	18.39	11.02	2.69	3.57
Long-Term Deferred Charges	3.08	3.39	4.16	5.28	0.45	0.9
Other Long-Term Assets	3.67	7.14	4.61	38.81	36.58	12.08
Total Assets	4,580	4,503	4,340	3,989	1,892	1,398
Accounts Payable	297.91	300.98	427.7	271.27	256.97	191.48
Accrued Expenses	7.35	37.69	29.66	47.29	25.7	18.12
Current Portion of Long-Term Debt	1.27	0.78	-	-	-	-
Current Portion of Leases	-	-	0.75	0.68	0.58	-
Current Income Taxes Payable	19.9	16.95	13.42	25.43	14.2	1.42
Current Unearned Revenue	8.19	7.35	7.43	8.22	12.06	10.02
Other Current Liabilities	27.83	31.48	74.39	134.85	13.37	6.14
Total Current Liabilities	362.46	395.22	553.37	487.75	322.89	227.19
Long-Term Leases	0.55	-	0.78	1.53	1.97	-
Long-Term Unearned Revenue	31.35	32.07	35.69	25.95	12.09	11.33
Long-Term Deferred Tax Liabilities	-	-	0.94	4.38	0.11	-
Other Long-Term Liabilities	40.82	38.25	18	18	18	-
Total Liabilities	435.18	465.55	608.78	537.62	355.06	238.52
Common Stock	415.33	415.33	298.19	213.02	141.68	101.2
Additional Paid-In Capital	1,820	1,820	1,989	2,084	576.81	574.92
Retained Earnings	1,864	1,755	1,407	1,171	818.44	483.84
Treasury Stock	-38	-38	-52.22	-106.11	-	-
Comprehensive Income & Other	0.03	0.04	-	-	-	-
Total Common Equity	4,061	3,953	3,643	3,363	1,537	1,160
Minority Interest	83.86	84.86	88.39	89.19	-	-
Shareholders' Equity	4,145	4,037	3,731	3,452	1,537	1,160
Total Liabilities & Equity	4,580	4,503	4,340	3,989	1,892	1,398
Total Debt	1.82	0.78	1.53	2.22	2.55	-
Net Cash (Debt)	2,704	2,706	2,719	2,564	926.81	740.76
Net Cash Growth	-2.17%	-0.46%	6.04%	176.63%	25.11%	152.77%
Net Cash Per Share	6.53	6.54	6.79	6.40	2.38	2.34
Filing Date Shares Outstanding	416.42	409.75	417.44	417.52	391.9	388.77
Total Common Shares Outstanding	416.42	409.75	417.47	417.52	388.77	388.77
Working Capital	3,292	3,240	3,062	2,981	1,194	1,015
Book Value Per Share	9.75	9.65	8.73	8.05	3.95	2.98
Tangible Book Value	3,986	3,877	3,551	3,273	1,523	1,147
Tangible Book Value Per Share	9.57	9.46	8.50	7.84	3.92	2.95
Buildings	-	-	77.95	77.95	77.7	36.96
Machinery	-	-	232.46	200.13	158.77	87.48
Construction In Progress	-	-	186.37	22.51	23.13	23.18

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