Tonze New Energy Technology Co.,Ltd. (SHE:002759)

SHE:002759 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	878.33	1,060	1,919	1,029	505.33	64.39
Short-Term Investments	70	12	12	7.2	1.8	1.2
Trading Asset Securities	31.47	31.47	-	-	-	-
Cash & Short-Term Investments	979.8	1,104	1,931	1,036	507.13	65.59
Cash Growth	-13.79%	-42.83%	86.38%	104.29%	673.22%	-34.01%
Accounts Receivable	961.26	945.68	1,011	1,357	1,016	507.7
Other Receivables	3.83	8.09	6.28	6.38	7.7	128.59
Receivables	965.09	953.77	1,017	1,364	1,023	636.29
Inventory	523.76	326.54	384.76	431.17	189.76	106.35
Other Current Assets	160.86	140.52	79.36	89.52	24.34	103.93
Total Current Assets	2,630	2,525	3,412	2,920	1,745	912.17
Property, Plant & Equipment	2,586	2,581	1,936	1,384	915.52	629.99
Long-Term Investments	95.3	80.3	103.12	81.72	84.56	84.46
Goodwill	726.85	726.85	1,775	1,444	1,444	1,444
Other Intangible Assets	295.26	301.58	311.56	289.61	153.13	128.29
Long-Term Deferred Tax Assets	3.84	5.19	4.22	7.9	6.87	5.7
Long-Term Deferred Charges	1.37	-	-	-	-	-
Other Long-Term Assets	80.67	104.64	206.01	90.58	201.97	33.35
Total Assets	6,418	6,325	7,748	6,218	4,551	3,238
Accounts Payable	1,419	1,530	1,509	1,556	343.68	111.32
Accrued Expenses	38.26	57.81	43.94	63.32	95.37	18.06
Short-Term Debt	753.97	535.03	370.93	177.45	145	378.33
Current Portion of Long-Term Debt	42.97	50.58	55.99	2	-	-
Current Portion of Leases	-	-	0.43	-	-	-
Current Income Taxes Payable	2.08	5.24	6.99	13.51	59.63	6.16
Current Unearned Revenue	3.98	2.76	5.61	92.23	83.34	2.32
Other Current Liabilities	165.58	114.17	221.9	133.01	133.4	51.92
Total Current Liabilities	2,426	2,296	2,215	2,038	860.42	568.1
Long-Term Debt	256.39	240.09	239.38	35.95	-	-
Long-Term Unearned Revenue	0.66	0.67	0.68	0.72	1	1.72
Long-Term Deferred Tax Liabilities	5.97	6.35	7.21	0.66	11.03	0.55
Other Long-Term Liabilities	106.53	106.53	138	-	-	-
Total Liabilities	2,795	2,650	2,600	2,075	872.44	570.37
Common Stock	501.38	501.38	504.58	408.55	402.15	402.15
Additional Paid-In Capital	2,766	2,766	2,807	2,024	1,917	1,917
Retained Earnings	-68.05	-15.69	1,394	1,468	1,094	349
Treasury Stock	-74.58	-74.58	-44.51	-89.02	-	-
Comprehensive Income & Other	5.94	5.34	4.49	-	-	-
Total Common Equity	3,130	3,182	4,665	3,811	3,413	2,668
Minority Interest	492.6	492.77	482.78	332.14	265.7	-
Shareholders' Equity	3,623	3,675	5,148	4,143	3,679	2,668
Total Liabilities & Equity	6,418	6,325	7,748	6,218	4,551	3,238
Total Debt	1,053	825.69	666.74	215.4	145	378.33
Net Cash (Debt)	-73.53	278.27	1,264	820.61	362.13	-312.74
Net Cash Growth	-	-77.99%	54.05%	126.61%	-	-
Net Cash Per Share	-0.14	0.55	3.11	2.04	0.90	-0.87
Filing Date Shares Outstanding	491.76	491.76	504.58	408.55	402.15	402.15
Total Common Shares Outstanding	491.76	491.76	504.58	408.55	402.15	402.15
Working Capital	203.69	228.77	1,197	882.35	884.29	344.07
Book Value Per Share	6.37	6.47	9.25	9.33	8.49	6.63
Tangible Book Value	2,108	2,154	2,579	2,077	1,815	1,095
Tangible Book Value Per Share	4.29	4.38	5.11	5.08	4.51	2.72
Buildings	1,238	1,239	723.01	652.8	489.54	454.14
Machinery	1,737	1,687	1,099	902.64	478.25	406.86
Construction In Progress	380.65	335.04	664.66	211.3	261.34	34.76

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