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

Jiangsu Ruitai New Energy Materials Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,341	5,153	2,976	990.16	1,214	424.33
Trading Asset Securities	3,970	782.13	2,264	-	-	90
Cash & Short-Term Investments	5,311	5,935	5,240	990.16	1,214	514.33
Cash Growth	-12.21%	13.26%	429.22%	-18.44%	136.05%	-1.66%
Accounts Receivable	1,300	2,194	2,933	3,080	991.22	951.02
Other Receivables	1.76	73.5	23.19	5.32	41.55	8.42
Receivables	1,301	2,267	2,956	3,086	1,033	959.44
Inventory	243.03	216.19	623.28	608.93	260.29	157.33
Prepaid Expenses	-	-	-	0.75	0.65	-
Other Current Assets	116.99	4.79	11.37	9.46	2.8	4.81
Total Current Assets	6,972	8,424	8,831	4,695	2,511	1,636
Property, Plant & Equipment	2,009	1,759	1,065	744.18	567.99	462.98
Long-Term Investments	538.65	460.15	53.23	3.8	3.8	3.8
Other Intangible Assets	239.59	216.06	183.79	98.69	68.89	61.16
Long-Term Deferred Tax Assets	13.45	15	16.8	28.69	13.39	12.19
Long-Term Deferred Charges	0.98	1.18	-	-	-	-
Other Long-Term Assets	82.46	72.47	54.9	18.28	17	9.46
Total Assets	9,857	10,948	10,204	5,589	3,182	2,185
Accounts Payable	764.7	1,668	2,684	2,515	918.37	757.7
Accrued Expenses	38.73	89.93	120.74	138.42	40.31	36.8
Short-Term Debt	70.44	316.56	262.91	-	-	-
Current Portion of Long-Term Debt	698.76	500.91	-	-	10.02	10.11
Current Portion of Leases	-	0.92	0.04	-	-	-
Current Income Taxes Payable	41.15	57.78	34.88	80.48	19.97	16.77
Current Unearned Revenue	4.31	3.67	5.9	6.39	2.75	2.05
Other Current Liabilities	58.32	75.92	42.56	45.55	25.38	12.43
Total Current Liabilities	1,676	2,713	3,151	2,786	1,017	835.87
Long-Term Debt	629	705	-	-	-	10
Long-Term Leases	1.57	2.05	0.01	-	-	-
Long-Term Unearned Revenue	25.29	27.6	28.27	25.38	25.64	27.29
Long-Term Deferred Tax Liabilities	10.19	8.45	8.97	-	-	-
Total Liabilities	2,342	3,457	3,188	2,812	1,042	873.17
Common Stock	733.33	733.33	733.33	550	550	200
Additional Paid-In Capital	3,694	3,699	3,699	494.26	494.26	153.43
Retained Earnings	2,711	2,709	2,316	1,539	936.31	686.99
Comprehensive Income & Other	62.33	50.43	-9.22	-28.73	0.6	4.79
Total Common Equity	7,201	7,191	6,739	2,554	1,981	1,045
Minority Interest	312.81	300.33	277.57	223.01	158.05	267.12
Shareholders' Equity	7,514	7,491	7,016	2,777	2,139	1,312
Total Liabilities & Equity	9,857	10,948	10,204	5,589	3,182	2,185
Total Debt	1,400	1,525	262.95	-	10.02	20.11
Net Cash (Debt)	3,911	4,410	4,977	990.16	1,204	494.22
Net Cash Growth	-18.41%	-11.40%	402.66%	-17.76%	143.63%	0.24%
Net Cash Per Share	5.27	6.05	7.75	1.81	2.20	2.47
Filing Date Shares Outstanding	733.33	733.33	733.33	733.33	550	200
Total Common Shares Outstanding	733.33	733.33	733.33	550	550	200
Working Capital	5,296	5,710	5,680	1,909	1,494	800.04
Book Value Per Share	9.82	9.81	9.19	4.64	3.60	5.23
Tangible Book Value	6,962	6,975	6,555	2,455	1,912	984.05
Tangible Book Value Per Share	9.49	9.51	8.94	4.46	3.48	4.92
Buildings	-	597.12	537.51	418.83	273.19	163.66
Machinery	-	705.16	634.8	399.95	336.93	247.71
Construction In Progress	-	828.87	188.97	163.24	150.55	207.04

Source: S&P Capital IQ. Standard template. Financial Sources.