Shaanxi Meineng Clean Energy Corp.,Ltd. (SHE:001299)

SHE:001299 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	176.36	346.07	930.44	745.31	127.08	82.32
Short-Term Investments	-	267	-	-	-	130
Trading Asset Securities	533.08	361.96	99.07	222.48	263.15	100.26
Accounts Receivable	9.81	9.59	19.82	22.33	17.32	12.68
Other Receivables	1.27	1.02	0.8	1.14	0.92	1.59
Inventory	15.27	13.52	14.18	12.32	18.72	21.98
Prepaid Expenses	-	35.8	34.76	-	28.44	27.05
Other Current Assets	286.25	41.1	37.44	43.8	11.23	10.1
Total Current Assets	1,022	1,076	1,137	1,047	466.85	385.97
Property, Plant & Equipment	556.04	535.03	471.27	445.47	431.7	415.25
Other Intangible Assets	34.14	34.56	32.67	26.26	27.3	28.25
Long-Term Investments	123.87	118.5	109.58	95.39	93.36	75.24
Long-Term Deferred Tax Assets	0.62	1.44	1.25	0.95	0.52	0.27
Other Long-Term Assets	0.93	0.94	2.38	3.49	1.83	1.91
Total Assets	1,738	1,767	1,754	1,619	1,022	906.89
Accounts Payable	32.7	36.22	35.9	41.03	24.77	28.83
Accrued Expenses	4.75	10.18	7.36	9.55	6.44	6.53
Current Unearned Revenue	307.69	349.51	341.13	280.75	262.03	247.8
Current Portion of Leases	2.07	1.74	0.42	1.22	1.19	-
Current Income Taxes Payable	6.12	6.77	5.92	7.12	4.4	5.97
Other Current Liabilities	45.36	48.71	44.22	43.38	37.68	35.9
Total Current Liabilities	398.68	453.12	434.94	383.06	336.5	325.02
Long-Term Leases	2.6	4.14	0.4	0.49	1.63	-
Long-Term Unearned Revenue	9.32	9.45	5.49	5.53	3.9	4.15
Long-Term Deferred Tax Liabilities	-	-	0.39	0.03	-	-
Other Long-Term Liabilities	-	-	-	0.94	0.26	-
Total Liabilities	410.6	466.71	441.23	390.05	342.29	329.17
Common Stock	187.58	187.58	187.58	187.58	140.68	140.68
Additional Paid-In Capital	508.17	508.17	508.17	508.17	98.85	98.85
Retained Earnings	655.87	629.37	598.08	516.27	422.09	320.6
Treasury Stock	-46.29	-46.29	-	-	-	-
Comprehensive Income & Other	20.75	19.78	16.83	14.76	15.34	17.6
Total Common Equity	1,326	1,299	1,311	1,227	676.96	577.73
Minority Interest	0.94	1.23	1.77	2.11	2.32	-
Shareholders' Equity	1,327	1,300	1,312	1,229	679.28	577.73
Total Liabilities & Equity	1,738	1,767	1,754	1,619	1,022	906.89
Total Debt	4.68	5.88	0.82	1.72	2.82	-
Net Cash (Debt)	704.76	969.15	1,029	966.07	387.4	312.58
Net Cash Growth	-29.06%	-5.79%	6.48%	149.37%	23.94%	35.71%
Net Cash Per Share	2.89	4.01	4.26	4.97	2.11	1.70
Filing Date Shares Outstanding	238.59	238.59	243.85	243.85	183.27	182.88
Total Common Shares Outstanding	238.59	238.59	243.85	243.85	183.27	182.88
Working Capital	623.34	622.94	701.58	664.32	130.35	60.95
Book Value Per Share	5.56	5.44	5.37	5.03	3.69	3.16
Tangible Book Value	1,292	1,264	1,278	1,201	649.66	549.47
Tangible Book Value Per Share	5.41	5.30	5.24	4.92	3.54	3.00
Buildings	-	86.71	86.28	85.83	83.91	82.39
Machinery	-	73.56	73.22	70.79	69.18	60.38
Construction In Progress	-	75.23	39.79	11.38	15.36	21.3

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