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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,718	2,063	2,668	2,566	889.36	680.76
Short-Term Investments	-	-	-	-	-	60
Trading Asset Securities	60.42	643.66	52.23	-	40	-
Cash & Short-Term Investments	2,778	2,707	2,720	2,566	929.36	740.76
Cash Growth	9.20%	-0.49%	6.01%	176.11%	25.46%	152.77%
Accounts Receivable	412.9	610.72	430.67	449.23	299.03	379.91
Other Receivables	225.84	1.18	0.15	3.47	3.6	1.65
Receivables	638.73	611.91	430.81	452.7	302.63	381.56
Inventory	297.9	311.62	453.9	441.34	249.82	109.11
Prepaid Expenses	6.8	0.94	7.39	2.63	30.08	10.51
Other Current Assets	3.19	3.7	3.06	5.87	5.2	0.13
Total Current Assets	3,725	3,635	3,615	3,469	1,517	1,242
Property, Plant & Equipment	485.13	472.78	418.95	247.73	228.58	127.17
Long-Term Investments	363.87	281.33	186.15	128.79	93.1	-
Goodwill	14.42	14.42	29.03	29.03	0.03	0.03
Other Intangible Assets	59.93	61.49	63.01	60.27	13.46	12.65
Long-Term Deferred Tax Assets	27.98	27.23	18.39	11.02	2.69	3.57
Long-Term Deferred Charges	2.77	3.39	4.16	5.28	0.45	0.9
Other Long-Term Assets	4.12	7.14	4.61	38.81	36.58	12.08
Total Assets	4,683	4,503	4,340	3,989	1,892	1,398
Accounts Payable	286.52	286.25	427.7	271.27	256.97	191.48
Accrued Expenses	11.86	41.09	29.66	47.29	25.7	18.12
Current Portion of Leases	1.11	0.78	0.75	0.68	0.58	-
Current Income Taxes Payable	12.17	14.31	13.42	25.43	14.2	1.42
Current Unearned Revenue	5.87	7.35	7.43	8.22	12.06	10.02
Other Current Liabilities	33.94	45.44	74.39	134.85	13.37	6.14
Total Current Liabilities	351.47	395.22	553.37	487.75	322.89	227.19
Long-Term Leases	0.38	-	0.78	1.53	1.97	-
Long-Term Unearned Revenue	36.1	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	50.12	38.25	18	18	18	-
Total Liabilities	438.07	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	1,821	1,820	1,989	2,084	576.81	574.92
Retained Earnings	1,964	1,755	1,407	1,171	818.44	483.84
Treasury Stock	-38	-38	-52.22	-106.11	-	-
Comprehensive Income & Other	0.02	0.04	-	-	-	-
Total Common Equity	4,162	3,953	3,643	3,363	1,537	1,160
Minority Interest	83.17	84.86	88.39	89.19	-	-
Shareholders' Equity	4,245	4,037	3,731	3,452	1,537	1,160
Total Liabilities & Equity	4,683	4,503	4,340	3,989	1,892	1,398
Total Debt	1.49	0.78	1.53	2.22	2.55	-
Net Cash (Debt)	2,777	2,706	2,719	2,564	926.81	740.76
Net Cash Growth	9.19%	-0.46%	6.04%	176.63%	25.11%	152.77%
Net Cash Per Share	6.76	6.54	6.56	6.40	2.38	2.34
Filing Date Shares Outstanding	415.33	415.33	417.44	417.52	391.9	388.77
Total Common Shares Outstanding	415.33	415.33	417.47	417.52	388.77	388.77
Working Capital	3,374	3,240	3,062	2,981	1,194	1,015
Book Value Per Share	10.02	9.52	8.73	8.05	3.95	2.98
Tangible Book Value	4,088	3,877	3,551	3,273	1,523	1,147
Tangible Book Value Per Share	9.84	9.33	8.50	7.84	3.92	2.95
Buildings	78.17	77.95	77.95	77.95	77.7	36.96
Machinery	263.85	259.23	232.46	200.13	158.77	87.48
Construction In Progress	263.65	242.02	186.37	22.51	23.13	23.18

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