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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,109	2,063	2,668	2,566	889.36	680.76
Short-Term Investments	-	-	-	-	-	60
Trading Asset Securities	811.23	643.66	52.23	-	40	-
Cash & Short-Term Investments	2,921	2,707	2,720	2,566	929.36	740.76
Cash Growth	11.70%	-0.49%	6.01%	176.11%	25.46%	152.77%
Accounts Receivable	629.27	610.72	430.67	449.23	299.03	379.91
Other Receivables	1.29	1.18	0.15	3.47	3.6	1.65
Receivables	630.56	611.91	430.81	452.7	302.63	381.56
Inventory	306.41	311.62	453.9	441.34	249.82	109.11
Prepaid Expenses	-	0.94	7.39	2.63	30.08	10.51
Other Current Assets	3.78	3.7	3.06	5.87	5.2	0.13
Total Current Assets	3,861	3,635	3,615	3,469	1,517	1,242
Property, Plant & Equipment	481.81	472.78	418.95	247.73	228.58	127.17
Long-Term Investments	343.87	281.33	186.15	128.79	93.1	-
Goodwill	14.42	14.42	29.03	29.03	0.03	0.03
Other Intangible Assets	59.19	61.49	63.01	60.27	13.46	12.65
Long-Term Deferred Tax Assets	28.9	27.23	18.39	11.02	2.69	3.57
Long-Term Deferred Charges	2.68	3.39	4.16	5.28	0.45	0.9
Other Long-Term Assets	4.75	7.14	4.61	38.81	36.58	12.08
Total Assets	4,797	4,503	4,340	3,989	1,892	1,398
Accounts Payable	307.31	286.25	427.7	271.27	256.97	191.48
Accrued Expenses	7.29	41.09	29.66	47.29	25.7	18.12
Current Portion of Leases	-	0.78	0.75	0.68	0.58	-
Current Income Taxes Payable	15.82	14.31	13.42	25.43	14.2	1.42
Current Unearned Revenue	9.31	7.35	7.43	8.22	12.06	10.02
Other Current Liabilities	25.24	45.44	74.39	134.85	13.37	6.14
Total Current Liabilities	365.89	395.22	553.37	487.75	322.89	227.19
Long-Term Leases	0.19	-	0.78	1.53	1.97	-
Long-Term Unearned Revenue	34.79	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	51.05	38.25	18	18	18	-
Total Liabilities	451.92	465.55	608.78	537.62	355.06	238.52
Common Stock	415.32	415.33	298.19	213.02	141.68	101.2
Additional Paid-In Capital	1,821	1,820	1,989	2,084	576.81	574.92
Retained Earnings	2,063	1,755	1,407	1,171	818.44	483.84
Treasury Stock	-37.66	-38	-52.22	-106.11	-	-
Comprehensive Income & Other	0	0.04	-	-	-	-
Total Common Equity	4,262	3,953	3,643	3,363	1,537	1,160
Minority Interest	83	84.86	88.39	89.19	-	-
Shareholders' Equity	4,345	4,037	3,731	3,452	1,537	1,160
Total Liabilities & Equity	4,797	4,503	4,340	3,989	1,892	1,398
Total Debt	1.11	0.78	1.53	2.22	2.55	-
Net Cash (Debt)	2,920	2,706	2,719	2,564	926.81	740.76
Net Cash Growth	11.69%	-0.46%	6.04%	176.63%	25.11%	152.77%
Net Cash Per Share	7.08	6.54	6.56	6.40	2.38	2.34
Filing Date Shares Outstanding	413.97	415.33	417.44	417.52	391.9	388.77
Total Common Shares Outstanding	413.97	415.33	417.47	417.52	388.77	388.77
Working Capital	3,495	3,240	3,062	2,981	1,194	1,015
Book Value Per Share	10.30	9.52	8.73	8.05	3.95	2.98
Tangible Book Value	4,188	3,877	3,551	3,273	1,523	1,147
Tangible Book Value Per Share	10.12	9.33	8.50	7.84	3.92	2.95
Buildings	-	77.95	77.95	77.95	77.7	36.96
Machinery	-	259.23	232.46	200.13	158.77	87.48
Construction In Progress	-	242.02	186.37	22.51	23.13	23.18

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