Jiangsu Ruitai New Energy Materials Co., Ltd. (SHE:301238)

SHE:301238 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	1,759	2,613	5,153	2,976	990.16	1,214
Trading Asset Securities	3,688	2,988	782.13	2,264	-	-
Cash & Short-Term Investments	5,447	5,601	5,935	5,240	990.16	1,214
Cash Growth	-4.29%	-5.63%	13.26%	429.22%	-18.44%	136.05%
Accounts Receivable	1,205	1,175	2,194	2,933	3,080	991.22
Other Receivables	2.54	121.35	68.27	23.19	5.32	41.55
Receivables	1,207	1,296	2,262	2,956	3,086	1,033
Inventory	160.28	207.5	216.19	623.28	608.93	260.29
Prepaid Expenses	-	0.59	0.46	-	0.75	0.65
Other Current Assets	127.58	6.99	9.49	11.37	9.46	2.8
Total Current Assets	6,942	7,112	8,424	8,831	4,695	2,511
Property, Plant & Equipment	2,141	2,149	1,759	1,065	744.18	567.99
Long-Term Investments	458.96	459.87	460.15	53.23	3.8	3.8
Other Intangible Assets	238.45	237.95	216.06	183.79	98.69	68.89
Long-Term Deferred Tax Assets	13.28	13.52	15	16.8	28.69	13.39
Long-Term Deferred Charges	0.72	0.85	1.18	-	-	-
Other Long-Term Assets	41.37	41.05	72.47	54.9	18.28	17
Total Assets	9,836	10,014	10,948	10,204	5,589	3,182
Accounts Payable	743.34	846.58	1,668	2,684	2,515	918.37
Accrued Expenses	33.16	72.57	89.46	120.74	138.42	40.31
Short-Term Debt	575.48	191.39	316.56	262.91	-	-
Current Portion of Long-Term Debt	378.85	288.27	500.91	-	-	10.02
Current Portion of Leases	-	0.98	0.92	0.04	-	-
Current Income Taxes Payable	37.29	17.92	57.78	34.88	80.48	19.97
Current Unearned Revenue	3.79	2.99	3.67	5.9	6.39	2.75
Other Current Liabilities	27.35	45.52	76.4	42.56	45.55	25.38
Total Current Liabilities	1,799	1,466	2,713	3,151	2,786	1,017
Long-Term Debt	504.19	1,070	705	-	-	-
Long-Term Leases	0.79	0.96	2.05	0.01	-	-
Long-Term Unearned Revenue	31.11	25.85	27.6	28.27	25.38	25.64
Long-Term Deferred Tax Liabilities	12.45	12.63	8.45	8.97	-	-
Total Liabilities	2,348	2,575	3,457	3,188	2,812	1,042
Common Stock	733.33	733.33	733.33	733.33	550	550
Additional Paid-In Capital	3,697	3,697	3,699	3,699	494.26	494.26
Retained Earnings	2,673	2,647	2,709	2,316	1,539	936.31
Comprehensive Income & Other	69.44	51.61	50.43	-9.22	-28.73	0.6
Total Common Equity	7,172	7,128	7,191	6,739	2,554	1,981
Minority Interest	316.18	310.79	300.33	277.57	223.01	158.05
Shareholders' Equity	7,489	7,439	7,491	7,016	2,777	2,139
Total Liabilities & Equity	9,836	10,014	10,948	10,204	5,589	3,182
Total Debt	1,459	1,551	1,525	262.95	-	10.02
Net Cash (Debt)	3,988	4,050	4,410	4,977	990.16	1,204
Net Cash Growth	-1.90%	-8.17%	-11.40%	402.67%	-17.77%	143.63%
Net Cash Per Share	5.77	5.74	6.05	7.75	1.81	2.20
Filing Date Shares Outstanding	733.33	733.33	733.33	733.33	733.33	550
Total Common Shares Outstanding	733.33	733.33	733.33	733.33	550	550
Working Capital	5,143	5,646	5,710	5,680	1,909	1,494
Book Value Per Share	9.78	9.72	9.81	9.19	4.64	3.60
Tangible Book Value	6,934	6,890	6,975	6,555	2,455	1,912
Tangible Book Value Per Share	9.46	9.40	9.51	8.94	4.46	3.48
Buildings	-	993.87	597.12	537.51	418.83	273.19
Machinery	-	969.55	705.16	634.8	399.95	336.93
Construction In Progress	-	668.03	828.87	188.97	163.24	150.55

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