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	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,134	5,153	2,976	990.16	1,214	424.33
Trading Asset Securities	1,231	782.13	2,264	-	-	90
Cash & Short-Term Investments	5,365	5,935	5,240	990.16	1,214	514.33
Cash Growth	-10.50%	13.26%	429.22%	-18.44%	136.05%	-1.66%
Accounts Receivable	1,406	2,194	2,933	3,080	991.22	951.02
Other Receivables	101.75	73.5	23.19	5.32	41.55	8.42
Receivables	1,508	2,267	2,956	3,086	1,033	959.44
Inventory	200.99	216.19	623.28	608.93	260.29	157.33
Prepaid Expenses	0.78	-	-	0.75	0.65	-
Other Current Assets	6.12	4.79	11.37	9.46	2.8	4.81
Total Current Assets	7,080	8,424	8,831	4,695	2,511	1,636
Property, Plant & Equipment	1,964	1,759	1,065	744.18	567.99	462.98
Long-Term Investments	527.89	460.15	53.23	3.8	3.8	3.8
Other Intangible Assets	240.79	216.06	183.79	98.69	68.89	61.16
Long-Term Deferred Tax Assets	14.39	15	16.8	28.69	13.39	12.19
Long-Term Deferred Charges	1.11	1.18	-	-	-	-
Other Long-Term Assets	96.59	72.47	54.9	18.28	17	9.46
Total Assets	9,925	10,948	10,204	5,589	3,182	2,185
Accounts Payable	853.1	1,668	2,684	2,515	918.37	757.7
Accrued Expenses	59.09	89.93	120.74	138.42	40.31	36.8
Short-Term Debt	163.35	316.56	262.91	-	-	-
Current Portion of Long-Term Debt	698.81	500.91	-	-	10.02	10.11
Current Portion of Leases	0.92	0.92	0.04	-	-	-
Current Income Taxes Payable	15.26	57.78	34.88	80.48	19.97	16.77
Current Unearned Revenue	4.68	3.67	5.9	6.39	2.75	2.05
Other Current Liabilities	45.12	75.92	42.56	45.55	25.38	12.43
Total Current Liabilities	1,840	2,713	3,151	2,786	1,017	835.87
Long-Term Debt	585	705	-	-	-	10
Long-Term Leases	1.72	2.05	0.01	-	-	-
Long-Term Unearned Revenue	25.69	27.6	28.27	25.38	25.64	27.29
Long-Term Deferred Tax Liabilities	11.78	8.45	8.97	-	-	-
Total Liabilities	2,465	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	3,695	3,699	3,699	494.26	494.26	153.43
Retained Earnings	2,670	2,709	2,316	1,539	936.31	686.99
Comprensive Income & Other	47.42	50.43	-9.22	-28.73	0.6	4.79
Total Common Equity	7,146	7,191	6,739	2,554	1,981	1,045
Minority Interest	314.67	300.33	277.57	223.01	158.05	267.12
Shareholders' Equity	7,460	7,491	7,016	2,777	2,139	1,312
Total Liabilities & Equity	9,925	10,948	10,204	5,589	3,182	2,185
Total Debt	1,450	1,525	262.95	-	10.02	20.11
Net Cash (Debt)	3,915	4,410	4,977	990.16	1,204	494.22
Net Cash Growth	-23.03%	-11.40%	402.66%	-17.76%	143.63%	0.24%
Net Cash Per Share	5.44	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	5,240	5,710	5,680	1,909	1,494	800.04
Book Value Per Share	9.74	9.81	9.19	4.64	3.60	5.23
Tangible Book Value	6,905	6,975	6,555	2,455	1,912	984.05
Tangible Book Value Per Share	9.42	9.51	8.94	4.46	3.48	4.92
Buildings	973.58	597.12	537.51	418.83	273.19	163.66
Machinery	857.88	705.16	634.8	399.95	336.93	247.71
Construction In Progress	548.88	828.87	188.97	163.24	150.55	207.04

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