Midea Group Co., Ltd. (HKG: 0300)

Midea 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	160,879	81,674	55,270	71,876	81,210	70,917
Short-Term Investments	-	58,522	44,624	43,057	25,543	60,039
Trading Asset Securities	6,995	1,791	3,285	5,879	28,240	1,087
Cash & Short-Term Investments	167,875	141,987	103,179	120,812	134,993	132,043
Cash Growth	112.34%	37.61%	-14.60%	-10.50%	2.23%	32.29%
Accounts Receivable	46,995	43,131	38,049	33,736	31,520	23,432
Other Receivables	16,700	15,512	15,738	13,378	16,876	10,279
Receivables	75,571	72,940	67,925	67,770	64,865	44,580
Inventory	46,549	50,655	50,412	50,277	33,840	34,690
Prepaid Expenses	-	-	-	-	-	875.45
Other Current Assets	71,998	15,739	39,583	10,005	7,958	4,294
Total Current Assets	361,993	281,321	261,099	248,865	241,655	216,483
Property, Plant & Equipment	40,360	38,668	32,267	27,841	23,717	22,859
Long-Term Investments	9,980	98,224	68,982	53,135	37,893	8,897
Goodwill	30,655	30,858	28,549	27,875	29,557	28,207
Other Intangible Assets	17,665	18,458	16,909	17,173	15,422	15,484
Long-Term Accounts Receivable	113.18	250.52	614.6	871.36	981.62	1,208
Long-Term Deferred Tax Assets	14,196	12,771	10,244	8,192	7,209	5,769
Long-Term Deferred Charges	-	1,736	1,580	-	1,301	-
Other Long-Term Assets	91,674	2,776	1,617	3,142	1,533	2,258
Total Assets	567,150	486,038	422,555	387,946	360,383	301,955
Accounts Payable	109,552	94,238	89,806	98,736	82,180	66,427
Accrued Expenses	7,637	59,366	49,336	41,275	40,784	34,722
Short-Term Debt	27,939	8,819	5,169	5,561	12,975	5,702
Current Portion of Long-Term Debt	39,151	13,291	6,248	28,087	6,285	1,231
Current Portion of Leases	-	1,167	992.14	860.5	-	-
Current Income Taxes Payable	6,585	3,477	2,814	2,972	3,121	2,986
Current Unearned Revenue	37,510	41,765	27,960	23,917	18,401	16,232
Other Current Liabilities	93,666	29,122	24,016	21,444	20,404	17,019
Total Current Liabilities	322,040	251,246	206,342	222,851	184,151	144,318
Long-Term Debt	13,656	49,357	53,850	19,734	42,827	41,298
Long-Term Leases	1,911	2,047	1,507	1,534	-	-
Long-Term Unearned Revenue	1,778	1,735	1,721	1,228	779.73	617.16
Long-Term Deferred Tax Liabilities	5,085	5,098	4,648	4,950	5,224	4,556
Other Long-Term Liabilities	995.55	821.7	1,075	998.26	1,149	1,251
Total Liabilities	346,855	311,739	270,631	253,121	236,146	194,459
Common Stock	7,649	7,026	6,997	6,987	7,030	6,972
Additional Paid-In Capital	-	21,243	19,693	20,517	22,488	19,640
Retained Earnings	158,553	147,630	131,054	113,153	95,629	79,528
Treasury Stock	-6,026	-12,872	-14,934	-14,045	-6,094	-3,760
Comprehensive Income & Other	48,712	-148.16	124.64	-1,743	-1,536	-711.55
Total Common Equity	208,888	162,879	142,935	124,868	117,516	101,669
Minority Interest	11,408	11,421	8,989	9,957	6,721	5,827
Shareholders' Equity	220,296	174,300	151,924	134,825	124,237	107,496
Total Liabilities & Equity	567,150	486,038	422,555	387,946	360,383	301,955
Total Debt	82,656	74,681	67,767	55,776	62,087	48,231
Net Cash (Debt)	85,218	67,306	35,411	65,036	72,906	83,812
Net Cash Growth	3837.75%	90.07%	-45.55%	-10.79%	-13.01%	40.19%
Net Cash Per Share	12.32	9.83	5.19	9.42	10.46	12.38
Filing Date Shares Outstanding	7,036	6,907	6,875	6,869	6,916	6,957
Total Common Shares Outstanding	7,036	6,907	6,851	6,830	6,988	6,910
Working Capital	39,953	30,075	54,758	26,013	57,505	72,164
Book Value Per Share	29.69	23.58	20.86	18.28	16.82	14.71
Tangible Book Value	160,567	113,563	97,478	79,820	72,537	57,978
Tangible Book Value Per Share	22.82	16.44	14.23	11.69	10.38	8.39
Land	-	1,382	1,330	1,325	1,389	1,291
Buildings	-	26,412	22,040	20,102	19,005	17,894
Machinery	-	34,293	31,442	28,399	26,632	24,894
Construction In Progress	-	4,681	3,844	2,691	1,477	1,195

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