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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	1,445	1,109	850.17	1,273	673.85	639.83
Short-Term Investments	-	107.55	129.98	155.28	-	-
Trading Asset Securities	172.16	7.47	16.49	154.57	146.04	266.07
Cash & Short-Term Investments	1,617	1,224	996.64	1,583	819.89	905.9
Cash Growth	85.05%	22.80%	-37.04%	93.06%	-9.49%	-8.77%
Accounts Receivable	3,773	3,880	2,978	2,251	2,078	1,732
Other Receivables	21.87	27.58	28.47	33.1	32.61	10.97
Receivables	3,794	3,908	3,006	2,284	2,110	1,742
Inventory	2,350	1,888	1,778	1,803	1,510	1,012
Prepaid Expenses	-	0	-	0	-	-
Other Current Assets	341.4	233.66	201.2	86.07	126.38	124.45
Total Current Assets	8,103	7,253	5,982	5,756	4,566	3,785
Property, Plant & Equipment	1,615	1,483	1,310	1,019	883.36	689.29
Long-Term Investments	25.15	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	305.88	266.18	248.36	208.52	217.72	223.14
Long-Term Deferred Tax Assets	159.14	171.47	111.53	97.92	68.81	46.52
Long-Term Deferred Charges	28.23	32.55	7.64	0.72	1.21	1.19
Other Long-Term Assets	133.87	166.64	115.57	68.41	40.75	42.99
Total Assets	10,386	9,414	7,869	7,172	5,806	4,853
Accounts Payable	3,493	3,000	2,592	2,170	2,410	1,386
Accrued Expenses	35.11	64.87	62.03	67.72	39.47	77.78
Short-Term Debt	821.34	636.87	91.91	126.05	35.01	-
Current Portion of Long-Term Debt	127.55	80.28	10.78	-	-	-
Current Portion of Leases	-	26.2	12.79	27.66	5.1	-
Current Income Taxes Payable	41.76	46.11	24.1	23	14.39	38.17
Current Unearned Revenue	571.33	326.96	202.49	284.49	292.57	603.59
Other Current Liabilities	141.87	165.96	64.93	108.89	58.27	95.86
Total Current Liabilities	5,232	4,347	3,061	2,807	2,855	2,201
Long-Term Debt	177.31	252.72	148.87	-	-	-
Long-Term Leases	254.65	250.32	262.75	245.11	118.56	-
Long-Term Unearned Revenue	22.03	24.62	23.75	27.03	30.28	29.98
Long-Term Deferred Tax Liabilities	39.91	37.66	34.69	33.66	24.35	7.92
Other Long-Term Liabilities	11.77	7.47	-	-	-	-
Total Liabilities	5,738	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	2,109	1,949	1,813	1,578	1,359	1,173
Comprehensive Income & Other	-15.87	-17.22	-10.62	-35.73	-32.11	-15.23
Total Common Equity	4,590	4,428	4,300	4,039	2,758	2,589
Minority Interest	57.69	65.14	38.75	18.79	19.63	25.31
Shareholders' Equity	4,648	4,493	4,338	4,058	2,778	2,614
Total Liabilities & Equity	10,386	9,414	7,869	7,172	5,806	4,853
Total Debt	1,381	1,246	527.09	398.83	158.66	-
Net Cash (Debt)	236.12	-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	0.25	-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	2,870	2,905	2,922	2,949	1,711	1,583
Book Value Per Share	4.91	4.74	4.60	4.32	3.84	3.60
Tangible Book Value	4,269	4,146	4,036	3,816	2,525	2,350
Tangible Book Value Per Share	4.57	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.