China Tianrui Group Cement Company Limited (FRA:T18)

FRA:T18 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	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	40.02	103.6	125.81	601.72	1,183	1,230
Short-Term Investments	427.64	811.49	1,049	386.08	1,128	1,182
Trading Asset Securities	5.94	6.88	13.09	38.9	9.69	2.41
Cash & Short-Term Investments	473.6	921.97	1,188	1,027	2,320	2,415
Cash Growth	-24.89%	-22.39%	15.70%	-55.75%	-3.90%	30.57%
Accounts Receivable	4,432	4,586	4,702	3,267	3,449	3,918
Other Receivables	284.68	336.82	500.48	323.32	327.47	281.04
Receivables	4,798	6,004	5,284	3,591	3,777	4,199
Inventory	16,505	15,944	15,707	7,678	3,407	3,437
Prepaid Expenses	34.63	24.14	28.9	31.37	35.03	89.54
Restricted Cash	2,776	2,305	5,118	4,547	4,370	3,543
Other Current Assets	708.29	684.84	-	-	3,017	2,298
Total Current Assets	25,295	25,884	27,327	16,874	16,926	15,982
Property, Plant & Equipment	8,512	8,723	10,316	10,762	11,183	11,465
Long-Term Investments	770.54	796.27	1,004	1,087	1,111	1,076
Goodwill	10.5	10.5	84.85	284.23	300.86	294.01
Other Intangible Assets	1,542	1,578	1,569	1,499	1,379	1,408
Long-Term Deferred Tax Assets	186.58	186.42	104.81	109.61	155.77	156.84
Other Long-Term Assets	34.24	36.09	167.28	1,599	1,413	1,869
Total Assets	36,351	37,215	40,573	32,344	32,658	32,440
Accounts Payable	4,846	4,665	4,265	3,662	3,398	4,038
Accrued Expenses	87.77	75.51	34.97	130.67	130.86	52.03
Short-Term Debt	913.47	1,129	5,192	114.45	284.32	245.58
Current Portion of Long-Term Debt	8,715	10,030	7,897	6,935	6,823	7,069
Current Portion of Leases	0.72	0.9	2.18	3.58	12.13	25
Current Income Taxes Payable	707.71	592.2	270.49	302.36	331.68	525.69
Current Unearned Revenue	573.74	609	444.44	571.38	526.89	368.24
Other Current Liabilities	1,560	1,823	707.75	1,802	1,748	1,102
Total Current Liabilities	17,405	18,925	18,814	13,522	13,255	13,426
Long-Term Debt	2,175	1,683	4,623	1,397	2,349	2,678
Long-Term Leases	0.14	0.42	5.66	5.62	6.61	18.74
Long-Term Unearned Revenue	104.45	104.99	175.37	192.42	209.46	140.38
Long-Term Deferred Tax Liabilities	169.24	169.24	154.98	159.22	167.22	176.18
Other Long-Term Liabilities	415.13	356.65	1,014	477.5	602.53	1,177
Total Liabilities	20,268	21,240	24,787	15,753	16,590	17,617
Common Stock	37.58	24.18	24.18	24.18	24.18	24.18
Additional Paid-In Capital	1,097	1,067	1,067	1,067	1,067	1,067
Retained Earnings	12,957	12,883	12,604	13,401	12,952	11,752
Comprehensive Income & Other	1,755	1,763	1,772	1,823	1,840	1,851
Total Common Equity	15,846	15,737	15,466	16,315	15,884	14,694
Minority Interest	236.87	238.52	319.63	275.27	184.67	128.85
Shareholders' Equity	16,083	15,976	15,786	16,590	16,068	14,823
Total Liabilities & Equity	36,351	37,215	40,573	32,344	32,658	32,440
Total Debt	11,804	12,844	17,720	8,456	9,476	10,037
Net Cash (Debt)	-11,331	-11,922	-16,532	-7,429	-7,155	-7,622
Net Cash Per Share	-3.76	-4.06	-5.63	-2.53	-2.44	-2.59
Filing Date Shares Outstanding	3,083	2,938	2,938	2,938	2,938	2,938
Total Common Shares Outstanding	3,083	2,938	2,938	2,938	2,938	2,938
Working Capital	7,890	6,959	8,513	3,352	3,671	2,555
Book Value Per Share	5.14	5.36	5.26	5.55	5.41	5.00
Tangible Book Value	14,293	14,148	13,813	14,531	14,204	12,992
Tangible Book Value Per Share	4.64	4.82	4.70	4.95	4.83	4.42
Buildings	-	8,769	9,332	9,184	8,868	8,661
Machinery	-	9,107	9,274	9,190	8,830	8,626
Construction In Progress	-	125.44	368.49	335.65	434.11	278.94

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