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

Wuxi NCE Power Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,074	1,675	2,063	2,668	2,566	889.36
Trading Asset Securities	947.16	1,334	643.66	52.23	-	40
Cash & Short-Term Investments	3,021	3,009	2,707	2,720	2,566	929.36
Cash Growth	3.43%	11.15%	-0.49%	6.01%	176.11%	25.46%
Accounts Receivable	801.16	622.96	610.72	430.67	449.23	299.03
Other Receivables	1.32	1.18	1.18	0.15	3.47	3.6
Receivables	802.48	624.14	611.91	430.81	452.7	302.63
Inventory	392.09	303.14	311.62	453.9	441.34	249.82
Prepaid Expenses	1.09	0.87	0.94	7.39	2.63	30.08
Other Current Assets	2.52	2.33	3.7	3.06	5.87	5.2
Total Current Assets	4,219	3,939	3,635	3,615	3,469	1,517
Property, Plant & Equipment	469.73	477.93	472.78	418.95	247.73	228.58
Long-Term Investments	529.76	346.39	281.33	186.15	128.79	93.1
Goodwill	14.42	14.42	14.42	29.03	29.03	0.03
Other Intangible Assets	54.89	58.11	61.49	63.01	60.27	13.46
Long-Term Deferred Tax Assets	40.21	33.96	27.23	18.39	11.02	2.69
Long-Term Deferred Charges	2.68	3.36	3.39	4.16	5.28	0.45
Other Long-Term Assets	4.76	1.06	7.14	4.61	38.81	36.58
Total Assets	5,335	4,874	4,503	4,340	3,989	1,892

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	423.51	292.87	286.25	427.7	271.27	256.97
Accrued Expenses	8.99	47.93	41.09	29.66	47.29	25.7
Current Portion of Leases	0.87	0.83	0.78	0.75	0.68	0.58
Current Income Taxes Payable	30.87	5.74	14.31	13.42	25.43	14.2
Current Unearned Revenue	14.72	8.21	7.35	7.43	8.22	12.06
Other Current Liabilities	31.67	19.86	45.44	74.39	134.85	13.37
Total Current Liabilities	510.64	375.44	395.22	553.37	487.75	322.89
Long-Term Leases	0.88	0.14	-	0.78	1.53	1.97
Long-Term Unearned Revenue	36.88	36.67	32.07	35.69	25.95	12.09
Long-Term Deferred Tax Liabilities	-	-	-	0.94	4.38	0.11
Other Long-Term Liabilities	53.15	53.52	38.25	18	18	18
Total Liabilities	601.54	465.77	465.55	608.78	537.62	355.06

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	415.33	415.33	415.33	298.19	213.02	141.68
Additional Paid-In Capital	1,826	1,826	1,820	1,989	2,084	576.81
Retained Earnings	2,420	2,122	1,755	1,407	1,171	818.44
Treasury Stock	-19.37	-38	-38	-52.22	-106.11	-
Comprehensive Income & Other	0.26	0.02	0.04	-	-	-
Total Common Equity	4,642	4,326	3,953	3,643	3,363	1,537
Minority Interest	91.39	83.23	84.86	88.39	89.19	-
Shareholders' Equity	4,734	4,409	4,037	3,731	3,452	1,537
Total Liabilities & Equity	5,335	4,874	4,503	4,340	3,989	1,892

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1.75	0.97	0.78	1.53	2.22	2.55
Net Cash (Debt)	3,019	3,008	2,706	2,719	2,564	926.81
Net Cash Growth	3.41%	11.15%	-0.46%	6.04%	176.63%	25.11%
Net Cash Per Share	7.27	7.26	6.54	6.56	6.40	2.38
Filing Date Shares Outstanding	415.33	415.33	415.33	417.44	417.52	391.9
Total Common Shares Outstanding	415.33	415.33	415.33	417.47	417.52	388.77
Working Capital	3,708	3,564	3,240	3,062	2,981	1,194
Book Value Per Share	11.18	10.41	9.52	8.73	8.05	3.95
Tangible Book Value	4,573	4,253	3,877	3,551	3,273	1,523
Tangible Book Value Per Share	11.01	10.24	9.33	8.50	7.84	3.92
Buildings	-	328.22	77.95	77.95	77.95	77.7
Machinery	-	282.61	259.23	232.46	200.13	158.77
Construction In Progress	-	7.76	242.02	186.37	22.51	23.13

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error