Concord New Energy Group Limited (HKG: 0182)

Concord New Energy Group 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,337	2,445	3,471	3,510	2,280	1,462
Trading Asset Securities	563.08	154.45	138.84	10	-	-
Accounts Receivable	2,057	1,668	1,659	2,221	1,894	1,288
Other Receivables	376.62	875.96	546.88	849.32	1,001	417.33
Inventory	32.99	46.3	59.2	27.68	12.15	12.96
Prepaid Expenses	981.59	321.11	194.81	183.75	139.94	84.59
Loans Receivable Current	18.24	17.8	16.35	9.91	9.15	14.48
Other Current Assets	461.65	1,457	578.24	640.97	327.61	1,745
Total Current Assets	6,828	6,986	6,664	7,454	5,663	5,024
Property, Plant & Equipment	19,730	18,709	15,436	12,380	9,840	9,771
Goodwill	-	715.62	787.72	816.85	873.56	900.9
Other Intangible Assets	716.03	0.41	0.51	0.61	0.7	3.91
Long-Term Investments	2,945	2,855	2,368	1,860	2,037	2,167
Long-Term Loans Receivable	20.45	30.83	45.24	49.66	20.25	69.57
Long-Term Deferred Tax Assets	51.52	47.27	39.49	37.74	37.65	40.69
Long-Term Accounts Receivable	275.97	269.82	164.99	91.43	66.94	739.92
Other Long-Term Assets	1,796	1,621	1,666	1,355	988.71	1,175
Total Assets	32,363	31,236	27,173	24,045	19,528	19,892
Accounts Payable	900.73	1,672	1,263	1,079	959.97	1,082
Current Portion of Long-Term Debt	2,304	1,869	2,333	1,405	1,472	670.75
Current Unearned Revenue	1,960	2,133	1,432	1,857	993.05	715.7
Current Portion of Leases	24.52	21.82	13.5	11.41	10.56	11.5
Current Income Taxes Payable	18.69	138	101.72	49.46	29.95	13.19
Other Current Liabilities	1,359	1,044	1,375	1,306	864.1	1,816
Total Current Liabilities	6,567	6,879	6,517	5,707	4,329	4,308
Long-Term Debt	15,699	14,666	11,607	10,096	8,079	8,982
Long-Term Leases	442.19	135.49	98.75	77.07	65.55	81.21
Long-Term Unearned Revenue	853.56	1,055	750.84	546.58	533.25	505.44
Long-Term Deferred Tax Liabilities	18.98	57.72	93.52	38.09	4.63	12.39
Other Long-Term Liabilities	6.24	8.06	10.6	17.12	22.54	33.81
Total Liabilities	23,587	22,801	19,078	16,482	13,034	13,923
Common Stock	69.51	72.6	77.44	77.5	72.41	73.65
Additional Paid-In Capital	2,585	2,773	3,068	3,091	2,673	2,707
Retained Earnings	5,789	5,547	4,862	4,220	3,641	3,159
Treasury Stock	-24.13	-218.97	-240.38	-46.76	-32.2	-46.42
Comprehensive Income & Other	94.47	109.6	65.58	72.44	65.43	50.42
Total Common Equity	8,515	8,283	7,832	7,414	6,420	5,943
Minority Interest	260.7	152.38	263.15	148.96	74.63	25.9
Shareholders' Equity	8,775	8,435	8,095	7,563	6,495	5,969
Total Liabilities & Equity	32,363	31,236	27,173	24,045	19,528	19,892
Total Debt	18,470	16,692	14,052	11,589	9,626	9,746
Net Cash (Debt)	-15,570	-14,092	-10,442	-8,069	-7,346	-8,283
Net Cash Per Share	-1.90	-1.67	-1.18	-0.96	-0.80	-0.90
Filing Date Shares Outstanding	8,029	8,024	8,480	8,833	8,211	8,308
Total Common Shares Outstanding	8,029	8,024	8,480	8,833	8,211	8,308
Working Capital	260.87	107.85	147.53	1,746	1,334	715.97
Book Value Per Share	1.06	1.03	0.92	0.84	0.78	0.72
Tangible Book Value	7,798	7,567	7,044	6,596	5,546	5,038
Tangible Book Value Per Share	0.97	0.94	0.83	0.75	0.68	0.61
Buildings	-	255.6	428.73	503.1	685.92	719.07
Machinery	-	16,685	12,845	10,063	7,780	7,667
Construction In Progress	-	3,017	3,285	2,696	2,011	2,028

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