Tsingtao Brewery Company Limited (HKG:0168)

Tsingtao Brewery Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	17,979	19,282	17,855	14,612	18,477
Short-Term Investments	51.71	3,583	5,123	6,306	-
Trading Asset Securities	2,022	1,924	2,684	2,778	1,889
Cash & Short-Term Investments	20,052	24,789	25,662	23,697	20,366
Cash Growth	-19.11%	-3.40%	8.29%	16.35%	20.94%
Accounts Receivable	102.42	100.39	124.1	124.93	125.16
Other Receivables	83.28	145.73	632.78	620.86	30.76
Receivables	185.7	246.12	1,377	1,086	256.04
Inventory	3,576	3,540	4,152	3,493	3,281
Other Current Assets	1,375	1,037	810.61	683.13	724.97
Total Current Assets	25,189	29,612	32,002	28,959	24,628
Property, Plant & Equipment	12,564	11,750	11,607	11,078	10,810
Long-Term Investments	2,890	1,790	368.73	366.64	374.93
Goodwill	1,307	1,307	1,307	1,307	1,307
Other Intangible Assets	2,684	2,493	2,558	2,481	2,504
Long-Term Deferred Tax Assets	1,930	2,026	2,250	2,131	1,718
Long-Term Deferred Charges	-	-	-	127.03	86.26
Other Long-Term Assets	4,856	277.9	218.45	113.3	85.98
Total Assets	51,420	49,256	50,312	46,563	41,514
Accounts Payable	3,271	2,757	3,248	3,235	2,648
Accrued Expenses	1,767	3,765	4,399	3,192	2,820
Short-Term Debt	-	-	225.41	245.78	703.27
Current Portion of Long-Term Debt	-	-	-	-	0.22
Current Portion of Leases	-	50.25	49.26	48.43	41.87
Current Income Taxes Payable	392.94	129.75	191.11	474.54	246.49
Current Unearned Revenue	8,313	7,691	8,909	8,123	6,567
Other Current Liabilities	3,779	2,526	2,650	2,939	2,483
Total Current Liabilities	17,522	16,918	19,672	18,259	15,510
Long-Term Leases	68.24	63.39	98.4	112.78	115.84
Long-Term Unearned Revenue	2,947	2,888	3,132	3,211	2,900
Long-Term Deferred Tax Liabilities	259.75	238.17	202.12	171.4	167.56
Other Long-Term Liabilities	16.09	16.21	16.28	24.54	462.05
Total Liabilities	21,561	21,001	24,039	22,769	20,146
Common Stock	1,364	1,364	1,364	1,364	1,364
Additional Paid-In Capital	4,198	4,207	4,154	3,956	3,675
Retained Earnings	23,653	22,037	20,224	18,014	15,882
Treasury Stock	-1.5	-77.64	-171.85	-273.19	-279.58
Comprehensive Income & Other	-153.54	-81.06	-75.8	-59.63	-19.85
Total Common Equity	29,060	27,449	25,495	23,002	20,622
Minority Interest	799.16	805.27	777.49	791.85	746.09
Shareholders' Equity	29,860	28,255	26,272	23,794	21,368
Total Liabilities & Equity	51,420	49,256	50,312	46,563	41,514
Total Debt	68.24	113.64	373.08	406.99	861.2
Net Cash (Debt)	19,984	24,676	25,289	23,290	19,505
Net Cash Growth	-19.01%	-2.43%	8.58%	19.40%	18.14%
Net Cash Per Share	29.33	18.11	18.59	17.15	14.42
Filing Date Shares Outstanding	-	1,364	1,364	1,364	1,364
Total Common Shares Outstanding	-	1,364	1,364	1,364	1,364
Working Capital	7,667	12,693	12,331	10,700	9,118
Book Value Per Share	-	20.12	18.69	16.86	15.12
Tangible Book Value	25,069	23,649	21,630	19,214	16,811
Tangible Book Value Per Share	-	17.34	15.85	14.08	12.32
Buildings	-	8,113	7,914	7,362	7,359
Machinery	-	13,153	12,859	12,294	12,249
Construction In Progress	-	498.57	456.53	762.29	339.81

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.