SHENZHEN TOPRAYSOLAR Co.,Ltd. (SHE:002218)

SHENZHEN TOPRAYSOLAR 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	647.73	631.69	504.7	1,363	878.99	510.64
Trading Asset Securities	320.17	150.34	197.87	102.54	251.21	-
Cash & Short-Term Investments	967.9	782.03	702.56	1,465	1,130	510.64
Cash Growth	18.53%	11.31%	-52.05%	29.65%	121.33%	-12.49%
Accounts Receivable	1,273	1,395	1,231	1,039	1,188	1,279
Other Receivables	7.69	122.37	155.15	116.26	207.19	226.15
Receivables	1,280	1,517	1,386	1,155	1,396	1,505
Inventory	263.74	398.57	467.1	501.96	401.11	352.78
Other Current Assets	123.49	22.45	23.83	30.51	29.07	40.51
Total Current Assets	2,636	2,720	2,579	3,153	2,956	2,409
Property, Plant & Equipment	3,340	3,394	3,304	3,153	3,220	3,407
Long-Term Investments	64.38	61.29	66.22	66.82	58.52	53.17
Goodwill	13.37	13.37	13.37	13.37	13.37	13.37
Other Intangible Assets	291.18	321.74	356.75	396.34	413.82	441.24
Long-Term Accounts Receivable	-	154.86	184.21	214.88	246.86	-
Long-Term Deferred Tax Assets	53.9	53.86	55.17	42.74	43.38	42.94
Long-Term Deferred Charges	79.97	54.65	66.38	81.1	55.79	111.19
Other Long-Term Assets	177.6	32.99	31.28	25.38	28.72	37.99
Total Assets	6,656	6,807	6,656	7,146	7,036	6,516
Accounts Payable	193.43	239.66	275.61	209.38	236.61	520.47
Accrued Expenses	9.58	38.12	52.44	122.98	59.21	39.88
Short-Term Debt	-	-	-	724.34	1,017	1,123
Current Portion of Long-Term Debt	140.18	213.04	366.36	94.68	73.63	70.54
Current Portion of Leases	-	3.34	28.09	69.25	2.17	-
Current Income Taxes Payable	26.03	25.82	28.26	27.16	21.56	30.87
Current Unearned Revenue	24.02	23.62	27.39	41.73	37.06	169.27
Other Current Liabilities	183.66	177.1	171.1	150.1	197.68	333.89
Total Current Liabilities	576.92	720.71	949.24	1,440	1,645	2,288
Long-Term Debt	1,888	1,764	1,306	597.92	133.88	208.97
Long-Term Leases	38.96	35.1	27.27	28.88	28.71	-
Long-Term Unearned Revenue	89.14	96.19	115.53	128.41	141.79	115.83
Long-Term Deferred Tax Liabilities	5.44	5.15	7.07	7.44	2.6	2.89
Other Long-Term Liabilities	-	-	50.47	708.85	879.69	806.32
Total Liabilities	2,599	2,621	2,456	2,911	2,832	3,422
Common Stock	1,413	1,413	1,413	1,413	1,413	1,236
Additional Paid-In Capital	2,122	2,122	2,122	2,122	2,122	1,316
Retained Earnings	567.45	691.47	708.82	727.96	681.04	562.52
Treasury Stock	-25.41	-25.41	-25.41	-12.48	-	-
Comprehensive Income & Other	-19.52	-15.28	-18.03	-15.16	-12.06	-20.84
Shareholders' Equity	4,058	4,186	4,200	4,235	4,204	3,094
Total Liabilities & Equity	6,656	6,807	6,656	7,146	7,036	6,516
Total Debt	2,067	2,015	1,728	1,515	1,256	1,403
Net Cash (Debt)	-1,099	-1,233	-1,026	-49.72	-125.68	-891.87
Net Cash Per Share	-0.82	-0.91	-0.71	-0.04	-0.09	-0.72
Filing Date Shares Outstanding	1,439	1,408	1,408	1,410	1,413	1,236
Total Common Shares Outstanding	1,439	1,408	1,408	1,410	1,413	1,236
Working Capital	2,059	1,999	1,630	1,713	1,311	121.16
Book Value Per Share	2.82	2.97	2.98	3.00	2.98	2.50
Tangible Book Value	3,753	3,851	3,830	3,826	3,777	2,639
Tangible Book Value Per Share	2.61	2.73	2.72	2.71	2.67	2.13
Buildings	-	356.97	378.27	398.79	398.04	372.33
Machinery	-	4,331	4,050	3,657	3,760	3,877
Construction In Progress	-	430.39	456.31	515.49	278.96	340.21

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