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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,319	1,109	850.17	1,273	673.85	639.83
Short-Term Investments	124.82	107.55	129.98	155.28	-	-
Trading Asset Securities	9.47	7.47	16.49	154.57	146.04	266.07
Cash & Short-Term Investments	1,453	1,224	996.64	1,583	819.89	905.9
Cash Growth	74.58%	22.80%	-37.04%	93.06%	-9.49%	-8.77%
Accounts Receivable	3,772	3,880	2,978	2,251	2,078	1,732
Other Receivables	24.26	27.58	28.47	33.1	32.61	10.97
Receivables	3,796	3,908	3,006	2,284	2,110	1,742
Inventory	2,437	1,888	1,778	1,803	1,510	1,012
Prepaid Expenses	0.01	0	-	0	-	-
Other Current Assets	239	233.66	201.2	86.07	126.38	124.45
Total Current Assets	7,925	7,253	5,982	5,756	4,566	3,785
Property, Plant & Equipment	1,531	1,483	1,310	1,019	883.36	689.29
Long-Term Investments	24.37	25.32	77.87	5.74	12.9	50
Goodwill	15.67	15.67	15.67	15.33	15.33	15.33
Other Intangible Assets	263.51	266.18	248.36	208.52	217.72	223.14
Long-Term Deferred Tax Assets	165.2	171.47	111.53	97.92	68.81	46.52
Long-Term Deferred Charges	29.62	32.55	7.64	0.72	1.21	1.19
Other Long-Term Assets	196.3	166.64	115.57	68.41	40.75	42.99
Total Assets	10,151	9,414	7,869	7,172	5,806	4,853
Accounts Payable	3,282	3,000	2,592	2,170	2,410	1,386
Accrued Expenses	58.61	64.87	62.03	67.72	39.47	77.78
Short-Term Debt	790.12	636.87	91.91	126.05	35.01	-
Current Portion of Long-Term Debt	111.91	80.28	10.78	-	-	-
Current Portion of Leases	31.56	26.2	12.79	27.66	5.1	-
Current Income Taxes Payable	11.77	46.11	24.1	23	14.39	38.17
Current Unearned Revenue	626.92	326.96	202.49	284.49	292.57	603.59
Other Current Liabilities	182.59	165.96	64.93	108.89	58.27	95.86
Total Current Liabilities	5,096	4,347	3,061	2,807	2,855	2,201
Long-Term Debt	166.75	252.72	148.87	-	-	-
Long-Term Leases	258.01	250.32	262.75	245.11	118.56	-
Long-Term Unearned Revenue	22.89	24.62	23.75	27.03	30.28	29.98
Long-Term Deferred Tax Liabilities	41.7	37.66	34.69	33.66	24.35	7.92
Other Long-Term Liabilities	9.85	7.47	-	-	-	-
Total Liabilities	5,595	4,920	3,531	3,113	3,028	2,239
Common Stock	934.9	934.9	934.9	934.9	719.15	719.15
Additional Paid-In Capital	1,562	1,562	1,562	1,562	711.78	711.78
Retained Earnings	2,012	1,949	1,813	1,578	1,359	1,173
Comprehensive Income & Other	-13.23	-17.22	-10.62	-35.73	-32.11	-15.23
Total Common Equity	4,495	4,428	4,300	4,039	2,758	2,589
Minority Interest	61.12	65.14	38.75	18.79	19.63	25.31
Shareholders' Equity	4,556	4,493	4,338	4,058	2,778	2,614
Total Liabilities & Equity	10,151	9,414	7,869	7,172	5,806	4,853
Total Debt	1,358	1,246	527.09	398.83	158.66	-
Net Cash (Debt)	95.09	-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	0.10	-0.02	0.50	1.40	0.92	1.26
Filing Date Shares Outstanding	934.9	934.9	934.9	934.9	719.15	719.15
Total Common Shares Outstanding	934.9	934.9	934.9	934.9	719.15	719.15
Working Capital	2,830	2,905	2,922	2,949	1,711	1,583
Book Value Per Share	4.81	4.74	4.60	4.32	3.84	3.60
Tangible Book Value	4,216	4,146	4,036	3,816	2,525	2,350
Tangible Book Value Per Share	4.51	4.44	4.32	4.08	3.51	3.27
Buildings	1,088	1,082	1,029	810.19	791.04	681.22
Machinery	892.13	874.68	723.63	546.19	512.45	496.8
Construction In Progress	149.81	84.7	28.98	70.01	35.83	21.18
Order Backlog	-	4,917	-	-	-	-

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