China Resources Beer (Holdings) Company Limited (HKG: 0291)

China Resources Beer (Holdings) Company 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	6,499	5,520	10,208	5,376	4,538	2,340
Short-Term Investments	-	-	220	400	-	-
Cash & Short-Term Investments	6,499	5,520	10,428	5,776	4,538	2,340
Cash Growth	-49.74%	-47.07%	80.54%	27.28%	93.93%	25.94%
Accounts Receivable	109	246	118	132	196	329
Other Receivables	3,381	1,485	1,034	956	791	737
Receivables	3,490	1,832	2,843	3,349	2,592	1,067
Inventory	9,015	9,502	7,402	6,458	6,014	6,018
Prepaid Expenses	-	243	172	288	135	205
Other Current Assets	-	44	33	26	98	88
Total Current Assets	19,004	17,141	20,878	15,897	13,377	9,718
Property, Plant & Equipment	20,272	19,523	17,206	17,096	17,781	19,413
Long-Term Investments	1,462	1,451	2,518	1,383	7	9
Goodwill	16,806	16,806	9,385	9,250	9,326	9,422
Other Intangible Assets	8,621	8,991	203	255	320	384
Long-Term Deferred Tax Assets	3,560	3,728	3,266	3,368	2,858	2,532
Other Long-Term Assets	2,192	3,884	3,857	3,804	106	113
Total Assets	71,917	71,524	57,313	51,053	43,775	41,591
Accounts Payable	4,131	2,959	3,441	3,108	2,337	2,713
Accrued Expenses	-	3,720	3,277	3,077	3,021	2,708
Current Portion of Long-Term Debt	373	931	512	-	-	511
Current Portion of Leases	71	84	53	71	83	90
Current Income Taxes Payable	387	594	100	92	162	194
Current Unearned Revenue	-	7,896	6,642	6,873	7,451	7,427
Other Current Liabilities	20,295	8,180	9,642	7,949	6,518	6,213
Total Current Liabilities	25,257	24,364	23,667	21,170	19,572	19,856
Long-Term Debt	1,005	4,181	588	-	-	-
Long-Term Leases	80	89	59	60	117	124
Long-Term Unearned Revenue	-	4,023	3,766	3,039	1,657	1,033
Long-Term Deferred Tax Liabilities	4,506	4,391	1,850	1,955	788	678
Other Long-Term Liabilities	4,297	302	306	340	367	173
Total Liabilities	35,145	37,350	30,236	26,564	22,501	21,864
Common Stock	14,090	14,090	14,090	14,090	14,090	14,090
Retained Earnings	21,139	18,584	15,342	12,767	9,457	7,924
Comprensive Income & Other	-2,364	-2,379	-2,393	-2,425	-2,330	-2,344
Total Common Equity	32,865	30,295	27,039	24,432	21,217	19,670
Minority Interest	3,907	3,879	38	57	57	57
Shareholders' Equity	36,772	34,174	27,077	24,489	21,274	19,727
Total Liabilities & Equity	71,917	71,524	57,313	51,053	43,775	41,591
Total Debt	1,529	5,285	1,212	131	200	725
Net Cash (Debt)	4,970	235	9,216	5,645	4,338	1,615
Net Cash Growth	26.27%	-97.45%	63.26%	30.13%	168.61%	41.05%
Net Cash Per Share	1.53	0.07	2.84	1.74	1.34	0.50
Filing Date Shares Outstanding	3,244	3,244	3,244	3,244	3,244	3,244
Total Common Shares Outstanding	3,244	3,244	3,244	3,244	3,244	3,244
Working Capital	-6,253	-7,223	-2,789	-5,273	-6,195	-10,138
Book Value Per Share	10.13	9.34	8.34	7.53	6.54	6.06
Tangible Book Value	7,438	4,498	17,451	14,927	11,571	9,864
Tangible Book Value Per Share	2.29	1.39	5.38	4.60	3.57	3.04
Buildings	-	10,305	9,523	10,347	10,357	10,688
Machinery	-	18,693	17,813	18,573	19,219	20,039
Construction In Progress	-	2,727	1,826	792	599	639

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