CSSC Offshore & Marine Engineering (Group) Company Limited (HKG: 0317)

CSSC Offshore & Marine Engineering (Group) 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	12,286	16,423	14,814	9,560	8,768	14,317
Trading Asset Securities	6.5	9.13	29.87	3,281	1,055	48.79
Cash & Short-Term Investments	12,292	16,432	14,844	12,841	9,823	14,366
Cash Growth	-11.01%	10.70%	15.59%	30.73%	-31.62%	33.64%
Accounts Receivable	5,563	4,714	3,560	3,895	5,851	9,320
Other Receivables	62.3	63.33	60.83	94.55	132.47	2,489
Receivables	5,626	4,777	3,621	3,990	5,984	11,834
Inventory	6,381	5,435	4,354	4,923	4,199	4,345
Other Current Assets	4,866	3,183	3,027	2,327	1,796	2,690
Total Current Assets	29,165	29,827	25,845	24,082	21,802	33,235
Property, Plant & Equipment	5,133	5,690	5,816	5,159	4,417	12,768
Long-Term Investments	14,376	11,653	10,488	10,433	8,862	824.94
Goodwill	-	-	-	-	-	144.23
Other Intangible Assets	931.98	886.45	910.43	933.62	918.94	2,073
Long-Term Accounts Receivable	736.63	1,667	2,153	2,371	1,997	2,281
Long-Term Deferred Tax Assets	408.85	369.37	374.96	365.04	380.09	377.9
Long-Term Deferred Charges	-	43.98	49.58	51.24	21.21	75.59
Other Long-Term Assets	909.8	726.13	872.56	870.8	539.46	523.96
Total Assets	51,661	50,863	46,508	44,265	38,938	52,304
Accounts Payable	6,964	7,378	6,348	7,155	6,705	11,751
Accrued Expenses	284.7	39.62	47.88	8.31	3.32	113.59
Short-Term Debt	288.16	795.51	2,896	1,930	2,050	6,147
Current Portion of Long-Term Debt	1,437	1,001	1,383	925.52	2,862	2,240
Current Portion of Leases	-	63.05	76.28	25.7	22.69	42.03
Current Income Taxes Payable	-	14.34	14.5	14.34	14.36	15.05
Current Unearned Revenue	13,954	15,374	11,980	9,349	5,180	8,488
Other Current Liabilities	382.99	1,820	1,617	1,607	1,662	613.89
Total Current Liabilities	23,311	26,486	24,361	21,015	18,499	29,411
Long-Term Debt	4,073	3,314	2,230	3,189	2,118	6,050
Long-Term Leases	108.95	121.11	114.59	169.78	96.49	110.2
Long-Term Unearned Revenue	53.3	39.43	87.67	89.61	78.74	150.31
Long-Term Deferred Tax Liabilities	1,581	914.32	530.87	664.22	281.52	9.51
Other Long-Term Liabilities	544.97	276.16	311.28	323.21	155.54	805.84
Total Liabilities	29,774	31,255	27,757	25,595	21,386	36,756
Common Stock	1,414	1,414	1,414	1,414	1,414	1,414
Additional Paid-In Capital	-	9,003	9,376	9,394	9,310	9,419
Retained Earnings	3,548	3,393	3,349	2,854	3,010	-642.94
Comprehensive Income & Other	13,615	2,608	1,451	1,864	699.02	-41.25
Total Common Equity	18,576	16,418	15,589	15,525	14,432	10,148
Minority Interest	3,310	3,189	3,163	3,146	3,119	5,399
Shareholders' Equity	21,886	19,607	18,752	18,671	17,551	15,548
Total Liabilities & Equity	51,661	50,863	46,508	44,265	38,938	52,304
Total Debt	5,907	5,295	6,700	6,240	7,148	14,589
Net Cash (Debt)	6,385	11,137	8,144	6,601	2,675	-222.81
Net Cash Growth	-21.49%	36.76%	23.37%	146.81%	-	-
Net Cash Per Share	4.52	7.88	5.76	4.67	1.89	-0.16
Filing Date Shares Outstanding	1,414	1,414	1,414	1,414	1,414	1,414
Total Common Shares Outstanding	1,414	1,414	1,414	1,414	1,414	1,414
Working Capital	5,854	3,341	1,484	3,067	3,304	3,825
Book Value Per Share	13.14	11.61	11.03	10.98	10.21	7.18
Tangible Book Value	17,644	15,531	14,678	14,591	13,513	7,931
Tangible Book Value Per Share	12.48	10.99	10.38	10.32	9.56	5.61
Buildings	-	3,568	3,290	3,251	3,042	10,808
Machinery	-	4,842	5,069	4,237	3,442	7,427
Construction In Progress	-	340.77	277.02	229.19	348.78	1,182

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