TCL Zhonghuan Renewable Energy Technology Co.,Ltd. (SHE:002129)

SHE:002129 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	9,952	12,817	10,020	10,167	10,746	7,516
Short-Term Investments	-	-	69.9	939.86	551.15	200
Trading Asset Securities	3,092	2,457	3,878	4,508	1,232	374.54
Cash & Short-Term Investments	13,044	15,274	13,967	15,614	12,530	8,090
Cash Growth	-22.59%	9.35%	-10.55%	24.62%	54.87%	4.70%
Accounts Receivable	7,690	5,689	6,608	5,315	5,604	3,833
Other Receivables	1,307	3,243	3,415	1,562	1,194	1,160
Receivables	8,997	8,932	10,023	6,877	6,798	4,993
Inventory	7,070	6,324	8,164	6,430	3,129	2,144
Other Current Assets	4,317	1,756	2,473	2,908	2,002	857.25
Total Current Assets	33,428	32,286	34,627	31,830	24,459	16,085
Property, Plant & Equipment	72,245	75,435	72,760	59,430	40,621	33,252
Long-Term Investments	1,760	4,946	6,027	8,708	5,301	3,499
Goodwill	1,947	2,036	1,395	214.68	214.68	214.68
Other Intangible Assets	5,246	5,090	4,341	3,524	2,839	2,613
Long-Term Accounts Receivable	-	-	-	-	-	14.2
Long-Term Deferred Tax Assets	412.73	332.88	192.94	175.11	217.78	370.6
Long-Term Deferred Charges	1,430	1,559	1,567	1,327	1,509	980.58
Other Long-Term Assets	6,654	3,913	4,153	3,104	2,818	1,690
Total Assets	123,123	125,598	125,063	108,313	77,979	58,720
Accounts Payable	18,183	17,494	15,376	16,576	8,940	7,496
Accrued Expenses	438.7	1,100	787.37	746.22	509.19	186.6
Short-Term Debt	130	142.11	250.12	650.65	1,393	1,692
Current Portion of Long-Term Debt	9,709	6,947	4,034	1,962	5,816	5,919
Current Portion of Leases	-	397.47	427.74	373.73	766.64	-
Current Income Taxes Payable	149.19	107.41	153.48	305.41	418.86	185.01
Current Unearned Revenue	1,051	957.71	1,070	1,818	1,950	1,721
Other Current Liabilities	959.28	378.33	226.25	587.73	650.79	129.87
Total Current Liabilities	30,620	27,524	22,324	23,020	20,444	17,330
Long-Term Debt	44,200	43,303	35,482	31,911	12,633	11,225
Long-Term Leases	6,650	6,867	5,902	5,271	1,718	1,255
Long-Term Unearned Revenue	323.77	103.12	64.01	50.6	704.7	285.38
Pension & Post-Retirement Benefits	-	-	-	155.26	155.26	-
Long-Term Deferred Tax Liabilities	1,112	1,124	978.34	797.87	634.79	543.42
Other Long-Term Liabilities	185.92	206.49	75.43	47.1	20	-
Total Liabilities	83,091	79,127	64,826	61,253	36,310	30,638
Common Stock	4,043	4,043	4,043	3,234	3,232	3,033
Additional Paid-In Capital	21,663	21,610	21,378	21,004	21,134	12,389
Retained Earnings	524.65	6,301	17,170	14,077	7,614	3,766
Treasury Stock	-1,056	-1,056	-1,159	-720.87	-329.93	-
Comprehensive Income & Other	-42.88	8.47	51.71	24.16	22.62	18.51
Total Common Equity	25,132	30,907	41,484	37,618	31,672	19,207
Minority Interest	14,900	15,563	18,753	9,442	9,997	8,874
Shareholders' Equity	40,032	46,470	60,237	47,060	41,670	28,081
Total Liabilities & Equity	123,123	125,598	125,063	108,313	77,979	58,720
Total Debt	60,689	57,656	46,096	40,169	22,326	20,091
Net Cash (Debt)	-47,644	-42,382	-32,128	-24,554	-9,796	-12,000
Net Cash Per Share	-11.94	-10.63	-8.01	-6.10	-2.56	-3.32
Filing Date Shares Outstanding	4,038	4,038	4,038	4,019	4,028	3,791
Total Common Shares Outstanding	4,038	4,038	4,017	4,019	4,028	3,791
Working Capital	2,809	4,762	12,303	8,809	4,015	-1,245
Book Value Per Share	6.22	7.65	10.33	9.36	7.86	5.07
Tangible Book Value	17,939	23,781	35,748	33,879	28,618	16,379
Tangible Book Value Per Share	4.44	5.89	8.90	8.43	7.10	4.32
Buildings	-	15,273	11,770	7,857	6,357	-
Machinery	-	63,905	58,333	43,819	30,166	-
Construction In Progress	-	15,230	13,566	13,951	9,111	-

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