CECEP Solar Energy Co.,Ltd. (SHE:000591)

CECEP Solar Energy 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	2,741	1,921	2,406	4,572	1,360	1,442
Short-Term Investments	-	-	-	-	-	55
Trading Asset Securities	100	-	1,580	2,700	-	-
Accounts Receivable	12,603	12,867	11,630	10,343	10,171	8,666
Other Receivables	92.78	67.67	34.81	52.6	67.8	54.8
Inventory	157.06	126.45	310.23	289.2	171.59	152.47
Prepaid Expenses	6.65	5.04	1.68	3.03	1.12	1.45
Other Current Assets	43.73	51.92	157.94	220.62	192.71	189.58
Total Current Assets	15,744	15,039	16,121	18,181	11,964	10,562
Property, Plant & Equipment	34,993	32,071	29,808	27,317	26,204	26,625
Other Intangible Assets	975.05	673.32	508.31	512.5	526.07	518.36
Long-Term Investments	15.98	15.83	15.99	16.01	16.99	17.94
Long-Term Deferred Tax Assets	97.56	87.7	85.25	70.08	68.68	31
Long-Term Deferred Charges	87.35	91.29	94.56	103.6	106.89	252.28
Other Long-Term Assets	924.64	1,006	570.31	306.03	890.05	1,148
Total Assets	52,838	48,984	47,204	46,506	39,776	39,154
Accounts Payable	2,777	2,436	2,925	2,474	1,148	1,464
Accrued Expenses	2.68	62.12	90.01	48.41	28.51	35.87
Short-Term Debt	1,019	1,101	500.37	600.5	200.2	1,403
Current Portion of Long-Term Debt	2,744	2,201	3,768	3,986	3,816	1,564
Current Unearned Revenue	15.13	11.77	57.7	117.44	51.07	180.53
Current Portion of Leases	-	107.04	169.94	31.89	41.35	-
Current Income Taxes Payable	231.82	73.37	75.57	52.12	62.78	44.94
Other Current Liabilities	232.45	533.35	377.23	468.26	542.5	726.39
Total Current Liabilities	7,022	6,525	7,963	7,778	5,891	5,419
Long-Term Debt	19,171	16,822	14,437	15,187	17,393	18,382
Long-Term Leases	1,327	1,565	1,237	1,235	972.79	497.92
Long-Term Unearned Revenue	367.84	390.67	420.39	440.86	468.6	481.73
Long-Term Deferred Tax Liabilities	4.6	4.51	2.36	2.03	-	-
Other Long-Term Liabilities	514.91	159.01	146.05	21.34	135.59	208.63
Total Liabilities	28,407	25,465	24,206	24,664	24,860	24,989
Common Stock	3,921	3,917	3,909	3,909	3,007	3,007
Additional Paid-In Capital	11,872	11,863	11,829	11,810	6,734	6,693
Retained Earnings	8,524	7,618	7,187	6,108	5,144	4,328
Comprehensive Income & Other	93.03	53.74	31.96	1.67	6.72	7.84
Total Common Equity	24,360	23,452	22,957	21,829	14,891	14,036
Minority Interest	70.29	66.96	40.36	13.02	24.47	129.15
Shareholders' Equity	24,431	23,519	22,998	21,842	14,916	14,165
Total Liabilities & Equity	52,838	48,984	47,204	46,506	39,776	39,154
Total Debt	24,261	21,795	20,112	21,040	22,423	21,848
Net Cash (Debt)	-21,420	-19,873	-16,126	-13,767	-21,063	-20,350
Net Cash Per Share	-5.46	-5.08	-4.12	-4.05	-6.97	-6.77
Filing Date Shares Outstanding	3,921	3,917	3,909	3,909	3,007	3,007
Total Common Shares Outstanding	3,921	3,917	3,909	3,909	3,007	3,007
Working Capital	8,722	8,514	8,158	10,403	6,073	5,143
Book Value Per Share	6.21	5.99	5.87	5.58	4.95	4.67
Tangible Book Value	23,385	22,778	22,449	21,317	14,365	13,517
Tangible Book Value Per Share	5.96	5.82	5.74	5.45	4.78	4.50
Buildings	-	2,169	1,833	1,792	1,782	1,795
Machinery	-	36,679	32,304	31,283	30,761	31,024
Construction In Progress	-	2,906	4,492	2,348	441.05	241.28

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