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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	879.88	1,060	1,919	1,029	505.33	64.39
Short-Term Investments	-	12	12	7.2	1.8	1.2
Trading Asset Securities	31.47	31.47	-	-	-	-
Cash & Short-Term Investments	911.36	1,104	1,931	1,036	507.13	65.59
Cash Growth	-31.97%	-42.83%	86.38%	104.29%	673.22%	-34.01%
Accounts Receivable	975.41	945.68	1,011	1,357	1,016	507.7
Other Receivables	7.26	8.09	6.28	6.38	7.7	128.59
Receivables	982.67	953.77	1,017	1,364	1,023	636.29
Inventory	445.43	326.54	384.76	431.17	189.76	106.35
Other Current Assets	155.17	140.52	79.36	89.52	24.34	103.93
Total Current Assets	2,495	2,525	3,412	2,920	1,745	912.17
Property, Plant & Equipment	2,588	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	298.46	301.58	311.56	289.61	153.13	128.29
Long-Term Deferred Tax Assets	4.3	5.19	4.22	7.9	6.87	5.7
Long-Term Deferred Charges	0.5	-	-	-	-	-
Other Long-Term Assets	94.4	104.64	206.01	90.58	201.97	33.35
Total Assets	6,302	6,325	7,748	6,218	4,551	3,238
Accounts Payable	1,507	1,530	1,509	1,556	343.68	111.32
Accrued Expenses	25.03	57.81	43.94	63.32	95.37	18.06
Short-Term Debt	585.55	535.03	370.93	177.45	145	378.33
Current Portion of Long-Term Debt	-	50.58	55.99	2	-	-
Current Portion of Leases	-	-	0.43	-	-	-
Current Income Taxes Payable	4.57	5.24	6.99	13.51	59.63	6.16
Current Unearned Revenue	8.84	2.76	5.61	92.23	83.34	2.32
Other Current Liabilities	171.35	114.17	221.9	133.01	133.4	51.92
Total Current Liabilities	2,303	2,296	2,215	2,038	860.42	568.1
Long-Term Debt	229.33	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	6.19	6.35	7.21	0.66	11.03	0.55
Other Long-Term Liabilities	106.53	106.53	138	-	-	-
Total Liabilities	2,645	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	-37.56	-15.69	1,394	1,468	1,094	349
Treasury Stock	-74.58	-74.58	-44.51	-89.02	-	-
Comprehensive Income & Other	5.22	5.34	4.49	-	-	-
Total Common Equity	3,160	3,182	4,665	3,811	3,413	2,668
Minority Interest	496.51	492.77	482.78	332.14	265.7	-
Shareholders' Equity	3,657	3,675	5,148	4,143	3,679	2,668
Total Liabilities & Equity	6,302	6,325	7,748	6,218	4,551	3,238
Total Debt	814.88	825.69	666.74	215.4	145	378.33
Net Cash (Debt)	96.48	278.27	1,264	820.61	362.13	-312.74
Net Cash Growth	-82.73%	-77.99%	54.05%	126.61%	-	-
Net Cash Per Share	0.19	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	191.84	228.77	1,197	882.35	884.29	344.07
Book Value Per Share	6.43	6.47	9.25	9.33	8.49	6.63
Tangible Book Value	2,135	2,154	2,579	2,077	1,815	1,095
Tangible Book Value Per Share	4.34	4.38	5.11	5.08	4.51	2.72
Buildings	-	1,239	723.01	652.8	489.54	454.14
Machinery	-	1,687	1,099	902.64	478.25	406.86
Construction In Progress	-	335.04	664.66	211.3	261.34	34.76

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