Zhejiang NetSun Co., Ltd. (SHE:002095)

Zhejiang NetSun 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	538.15	450.57	687.16	683.32	749.23	865.65
Trading Asset Securities	0.05	-	-	-	-	61.8
Cash & Short-Term Investments	538.2	450.57	687.16	683.32	749.23	927.45
Cash Growth	22.83%	-34.43%	0.56%	-8.80%	-19.22%	-5.44%
Accounts Receivable	14.26	30.7	122	56.49	92.89	25.44
Other Receivables	335.82	223.12	142.82	182.45	138.65	73.96
Receivables	350.08	253.83	264.82	238.94	231.54	99.4
Inventory	26.47	30.3	21.57	18.51	8.55	5.72
Prepaid Expenses	-	0.01	0.01	0.09	0.07	0.05
Other Current Assets	372.67	499.07	466.64	502.7	457.65	436.32
Total Current Assets	1,287	1,234	1,440	1,444	1,447	1,469
Property, Plant & Equipment	50.81	56.75	61.9	66.66	60.31	61.19
Long-Term Investments	197.19	188.5	130.25	110.63	98.62	98.42
Long-Term Deferred Tax Assets	35.38	29.52	9.95	8.27	7.52	2.72
Long-Term Deferred Charges	0.1	0.21	0.34	-	-	-
Other Long-Term Assets	6.45	4	4.41	5.02	3.8	4.08
Total Assets	1,577	1,513	1,647	1,634	1,617	1,635
Accounts Payable	156.78	2.82	75.57	56	11.38	38.57
Accrued Expenses	8.49	15.98	16.48	16.99	17.18	19.58
Short-Term Debt	6.31	17.46	98.01	49.02	15.45	55.19
Current Portion of Leases	1.11	1.33	1.34	-	0.76	-
Current Income Taxes Payable	6.03	5.07	3.33	3.99	3.98	5.22
Current Unearned Revenue	67.01	83.52	59.69	76.28	77.83	105.13
Other Current Liabilities	194.65	226.57	161.91	209	304.6	229.91
Total Current Liabilities	440.38	352.75	416.33	411.27	431.17	453.6
Long-Term Leases	9.54	10.77	12.03	12.8	0.13	-
Long-Term Unearned Revenue	1.82	1.89	1.99	2.09	2.19	2.29
Long-Term Deferred Tax Liabilities	0.4	0.85	1.8	1.76	3.59	-
Other Long-Term Liabilities	20.06	21.38	11.41	11.96	17.36	11.9
Total Liabilities	472.2	387.65	443.57	439.88	454.44	467.79
Common Stock	252.72	252.72	252.72	252.72	252.72	252.72
Additional Paid-In Capital	326.12	326.12	326.12	326.12	326.12	340.45
Retained Earnings	308.42	323.87	359.3	352.83	330.13	320.02
Comprehensive Income & Other	-1.61	-2.09	-1.91	-2.14	-2.21	-1.75
Total Common Equity	885.66	900.62	936.23	929.54	906.76	911.45
Minority Interest	219.5	224.48	267.26	264.73	256.08	256.11
Shareholders' Equity	1,105	1,125	1,203	1,194	1,163	1,168
Total Liabilities & Equity	1,577	1,513	1,647	1,634	1,617	1,635
Total Debt	16.96	29.56	111.38	61.82	16.34	55.19
Net Cash (Debt)	521.23	421.01	575.77	621.5	732.89	872.26
Net Cash Growth	33.87%	-26.88%	-7.36%	-15.20%	-15.98%	-10.71%
Net Cash Per Share	1.87	1.66	2.41	2.46	2.90	3.54
Filing Date Shares Outstanding	252.72	252.72	252.72	252.72	252.72	252.72
Total Common Shares Outstanding	252.72	252.72	252.72	252.72	252.72	252.72
Working Capital	847.04	881.03	1,024	1,032	1,016	1,015
Book Value Per Share	3.50	3.56	3.70	3.68	3.59	3.61
Tangible Book Value	885.66	900.62	936.23	929.54	906.76	911.45
Tangible Book Value Per Share	3.50	3.56	3.70	3.68	3.59	3.61
Buildings	-	95.22	95.22	94.82	98.76	99.01
Machinery	-	21.83	26.71	26.37	26.15	24.17

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.