TSP Wind Power Group Co., Ltd. (SHE:300129)

TSP Wind Power Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,109	850.17	1,273	673.85	639.83
Short-Term Investments	107.55	129.98	155.28	-	-
Trading Asset Securities	7.47	16.49	154.57	146.04	266.07
Cash & Short-Term Investments	1,224	996.64	1,583	819.89	905.9
Cash Growth	22.80%	-37.04%	93.06%	-9.49%	-8.77%
Accounts Receivable	3,880	2,978	2,251	2,078	1,732
Other Receivables	27.58	28.47	33.1	32.61	10.97
Receivables	3,908	3,006	2,284	2,110	1,742
Inventory	1,888	1,778	1,803	1,510	1,012
Prepaid Expenses	0	-	0	-	-
Other Current Assets	233.66	201.2	86.07	126.38	124.45
Total Current Assets	7,253	5,982	5,756	4,566	3,785
Property, Plant & Equipment	1,483	1,310	1,019	883.36	689.29
Long-Term Investments	25.32	77.87	5.74	12.9	50
Goodwill	15.67	15.67	15.33	15.33	15.33
Other Intangible Assets	266.18	248.36	208.52	217.72	223.14
Long-Term Deferred Tax Assets	171.47	111.53	97.92	68.81	46.52
Long-Term Deferred Charges	32.55	7.64	0.72	1.21	1.19
Other Long-Term Assets	166.64	115.57	68.41	40.75	42.99
Total Assets	9,414	7,869	7,172	5,806	4,853
Accounts Payable	3,000	2,592	2,170	2,410	1,386
Accrued Expenses	64.87	62.03	67.72	39.47	77.78
Short-Term Debt	636.87	91.91	126.05	35.01	-
Current Portion of Long-Term Debt	80.28	10.78	-	-	-
Current Portion of Leases	26.2	12.79	27.66	5.1	-
Current Income Taxes Payable	46.11	24.1	23	14.39	38.17
Current Unearned Revenue	326.96	202.49	284.49	292.57	603.59
Other Current Liabilities	165.96	64.93	108.89	58.27	95.86
Total Current Liabilities	4,347	3,061	2,807	2,855	2,201
Long-Term Debt	252.72	148.87	-	-	-
Long-Term Leases	250.32	262.75	245.11	118.56	-
Long-Term Unearned Revenue	24.62	23.75	27.03	30.28	29.98
Long-Term Deferred Tax Liabilities	37.66	34.69	33.66	24.35	7.92
Other Long-Term Liabilities	7.47	-	-	-	-
Total Liabilities	4,920	3,531	3,113	3,028	2,239
Common Stock	934.9	934.9	934.9	719.15	719.15
Additional Paid-In Capital	1,562	1,562	1,562	711.78	711.78
Retained Earnings	1,949	1,813	1,578	1,359	1,173
Comprehensive Income & Other	-17.22	-10.62	-35.73	-32.11	-15.23
Total Common Equity	4,428	4,300	4,039	2,758	2,589
Minority Interest	65.14	38.75	18.79	19.63	25.31
Shareholders' Equity	4,493	4,338	4,058	2,778	2,614
Total Liabilities & Equity	9,414	7,869	7,172	5,806	4,853
Total Debt	1,246	527.09	398.83	158.66	-
Net Cash (Debt)	-22.54	469.55	1,184	661.23	905.9
Net Cash Growth	-	-60.34%	79.07%	-27.01%	-8.72%
Net Cash Per Share	-0.02	0.50	1.40	0.92	1.26
Filing Date Shares Outstanding	934.9	934.9	934.9	719.15	719.15
Total Common Shares Outstanding	934.9	934.9	934.9	719.15	719.15
Working Capital	2,905	2,922	2,949	1,711	1,583
Book Value Per Share	4.74	4.60	4.32	3.84	3.60
Tangible Book Value	4,146	4,036	3,816	2,525	2,350
Tangible Book Value Per Share	4.44	4.32	4.08	3.51	3.27
Buildings	1,082	1,029	810.19	791.04	681.22
Machinery	874.68	723.63	546.19	512.45	496.8
Construction In Progress	84.7	28.98	70.01	35.83	21.18
Order Backlog	4,917	-	-	-	-

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