Shenzhen Sunrise New Energy Co., Ltd. (SHE:002256)

SHE:002256 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	72.91	45.29	48.02	157.41	106.19	48.63
Trading Asset Securities	41.08	0	-	15.36	4.93	-
Cash & Short-Term Investments	113.99	45.29	48.02	172.77	111.12	48.63
Cash Growth	243.04%	-5.68%	-72.21%	55.48%	128.52%	1.44%
Accounts Receivable	344.6	272.92	414.63	165.56	202.89	465.95
Other Receivables	422.07	407.87	275.05	255.45	179.01	97.27
Receivables	766.67	680.8	689.68	421.01	381.91	563.22
Inventory	16.25	16.34	15.23	18.26	26.5	17
Other Current Assets	14.42	21.07	18.07	21.87	38.17	40.19
Total Current Assets	911.32	763.5	771	633.9	557.69	669.03
Property, Plant & Equipment	579.13	601.42	638.56	670.78	693.63	1,217
Long-Term Investments	175.82	180.91	362.13	399.64	698.11	719.12
Goodwill	4.39	4.39	0	-	-	0.01
Other Intangible Assets	23.71	23.47	18.36	19.17	65.51	45.76
Long-Term Accounts Receivable	-	1.64	1.48	195.61	1.2	4.27
Long-Term Deferred Tax Assets	8.37	9.63	15.23	20.7	32.55	25.86
Long-Term Deferred Charges	5.36	7.2	7.75	10.6	3.56	4.23
Other Long-Term Assets	0.44	-	5.04	18.2	43.45	88.19
Total Assets	1,709	1,592	1,820	1,969	2,096	2,773
Accounts Payable	50.88	63.48	60.4	47.92	66.33	92.89
Accrued Expenses	19.55	22.49	21.95	48.2	25.99	13.71
Short-Term Debt	31.5	80	155.85	469.67	456.57	85
Current Portion of Long-Term Debt	-	-	-	-	12.5	-
Current Portion of Leases	31.01	28.51	15	12.1	9.21	-
Current Income Taxes Payable	2.33	1.11	3.73	0.9	3.02	11.25
Current Unearned Revenue	7.74	5.16	3.99	7.3	8.43	3.61
Other Current Liabilities	12.9	36.89	56.1	53.23	114.37	771.57
Total Current Liabilities	155.92	237.65	317.03	639.31	696.42	978.03
Long-Term Debt	-	-	-	-	31.25	43.75
Long-Term Leases	279.05	159.98	37.11	47.66	59.65	54.77
Long-Term Unearned Revenue	3.34	3.61	4.14	3.1	3.24	0.4
Long-Term Deferred Tax Liabilities	8.15	8.32	10.14	11.46	5.66	1.36
Other Long-Term Liabilities	28.62	29.68	30.75	32.92	48.88	-
Total Liabilities	475.07	439.23	399.17	734.46	845.11	1,078
Common Stock	1,986	1,955	1,955	1,882	1,882	1,882
Additional Paid-In Capital	191.54	150.84	179.95	94.11	83.35	42.1
Retained Earnings	-997.88	-1,001	-857.59	-772.76	-750.56	-253.7
Comprehensive Income & Other	1.41	1.32	0.46	0.34	0.59	1
Total Common Equity	1,181	1,106	1,277	1,204	1,216	1,672
Minority Interest	52.27	46.87	142.97	30.04	34.79	23.05
Shareholders' Equity	1,233	1,153	1,420	1,234	1,251	1,695
Total Liabilities & Equity	1,709	1,592	1,820	1,969	2,096	2,773
Total Debt	341.56	268.5	207.97	529.43	569.18	183.52
Net Cash (Debt)	-227.57	-223.2	-159.95	-356.66	-458.06	-134.9
Net Cash Per Share	-0.11	-0.11	-0.08	-0.16	-0.24	-0.07
Filing Date Shares Outstanding	1,986	1,955	1,955	1,882	1,882	1,882
Total Common Shares Outstanding	1,986	1,955	1,955	1,882	1,882	1,882
Working Capital	755.41	525.85	453.97	-5.41	-138.73	-309
Book Value Per Share	0.59	0.57	0.65	0.64	0.65	0.89
Tangible Book Value	1,153	1,078	1,259	1,185	1,150	1,626
Tangible Book Value Per Share	0.58	0.55	0.64	0.63	0.61	0.86
Buildings	52.46	48.94	52.37	37.15	55.96	20.4
Machinery	816.19	814.54	806.41	803.85	659.49	1,523
Construction In Progress	1.72	5.62	1.72	1.72	121.92	6.65

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