JoulWatt Technology Co., Ltd. (SHA:688141)

JoulWatt Technology 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	853.44	1,194	1,821	2,186	230.74	373.87
Trading Asset Securities	99.44	-	-	-	-	-
Cash & Short-Term Investments	952.88	1,194	1,821	2,186	230.74	373.87
Cash Growth	-37.06%	-34.43%	-16.70%	847.56%	-38.28%	341.88%
Accounts Receivable	669.03	552.78	337.92	326.41	141.17	102.45
Other Receivables	35.96	19.32	3.86	12.59	4.74	4
Receivables	704.98	572.1	341.78	339	145.9	106.44
Inventory	926.63	854.99	874.17	782.85	276.55	93.3
Prepaid Expenses	19.71	11.14	12.54	3.46	-	-
Other Current Assets	307	204.95	313.67	314.6	215.29	28.74
Total Current Assets	2,911	2,837	3,363	3,626	868.48	602.35
Property, Plant & Equipment	634.87	611.8	381.91	271.06	160.96	35.41
Long-Term Investments	784.27	516.73	219.16	53.59	0.45	0.45
Goodwill	364.66	14.26	-	-	-	-
Other Intangible Assets	426.39	63.36	30.97	30.01	36.73	38.15
Long-Term Deferred Tax Assets	0.25	0.11	0.25	-	-	-
Long-Term Deferred Charges	4.5	3.88	2.6	2.3	-	-
Other Long-Term Assets	4.34	156.8	226.78	377.26	105.16	6.65
Total Assets	5,130	4,204	4,225	4,360	1,172	683.01
Accounts Payable	12.43	204.93	166.67	179.87	117.49	127.93
Accrued Expenses	355.94	125.3	42.17	24.55	50.35	29.96
Short-Term Debt	786.47	455.76	414.47	364.33	-	15.52
Current Portion of Long-Term Debt	59.52	395.73	80.27	10.1	30.04	-
Current Portion of Leases	21.38	11.66	10.01	5.24	6.16	-
Current Unearned Revenue	15.04	14.44	22.58	20.15	3.82	6
Other Current Liabilities	474.58	175.72	100.5	84.57	21.69	9.66
Total Current Liabilities	1,725	1,384	836.67	688.83	229.54	189.07
Long-Term Debt	995.22	625.95	682.95	525.22	1	30.01
Long-Term Leases	19.23	17.47	7.28	4.89	4.15	-
Long-Term Unearned Revenue	62.03	44.14	28.83	-	-	-
Long-Term Deferred Tax Liabilities	76.78	8.51	0.11	-	-	0.5
Other Long-Term Liabilities	4.39	1.37	2.7	-	-	1.49
Total Liabilities	2,883	2,081	1,559	1,219	234.69	221.06
Common Stock	446.88	446.88	446.88	446.88	388.8	109.2
Additional Paid-In Capital	2,515	2,449	2,473	2,410	400.14	837.77
Retained Earnings	-1,141	-849.41	-246.03	285.38	148.22	-485.48
Comprehensive Income & Other	13.27	20.99	-6.57	-	-	-
Total Common Equity	1,834	2,068	2,667	3,142	937.16	461.49
Minority Interest	413.16	55.74	-0.28	-0.79	-0.08	0.45
Shareholders' Equity	2,247	2,123	2,667	3,142	937.08	461.95
Total Liabilities & Equity	5,130	4,204	4,225	4,360	1,172	683.01
Total Debt	1,882	1,507	1,195	909.78	41.35	45.52
Net Cash (Debt)	-928.94	-312.37	626.26	1,277	189.39	328.34
Net Cash Growth	-	-	-50.94%	574.05%	-42.32%	-
Net Cash Per Share	-2.10	-0.70	1.40	3.26	0.52	3.01
Filing Date Shares Outstanding	446.88	446.88	446.88	446.88	388.8	109.2
Total Common Shares Outstanding	446.88	446.88	446.88	446.88	388.8	109.2
Working Capital	1,186	1,454	2,527	2,937	638.94	413.28
Book Value Per Share	4.10	4.63	5.97	7.03	2.41	4.23
Tangible Book Value	1,043	1,990	2,636	3,112	900.43	423.34
Tangible Book Value Per Share	2.33	4.45	5.90	6.96	2.32	3.88
Machinery	365.76	334.22	148.56	9.08	76.43	14.43
Construction In Progress	344.22	335.22	263.91	184.23	84.15	24.89

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