Angang Steel Company Limited (HKG: 0347)

Angang Steel 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	3,111	3,221	5,093	5,398	5,329	4,671
Cash & Short-Term Investments	3,111	3,221	5,093	5,398	5,329	4,671
Cash Growth	-24.36%	-36.76%	-5.65%	1.29%	14.09%	116.85%
Accounts Receivable	4,153	3,392	4,835	3,763	3,665	5,204
Other Receivables	116	823	221	932	212	316
Receivables	4,269	4,215	5,056	4,695	3,877	5,520
Inventory	15,362	16,565	13,575	19,059	10,618	9,793
Other Current Assets	4,873	3,118	5,508	3,389	3,192	3,508
Total Current Assets	27,615	27,119	29,232	32,541	23,016	23,492
Property, Plant & Equipment	56,867	55,586	54,478	53,891	53,008	52,677
Long-Term Investments	4,450	4,249	3,843	3,610	3,475	3,397
Other Intangible Assets	6,765	6,820	6,553	6,430	5,988	6,163
Long-Term Deferred Tax Assets	2,296	2,261	1,562	744	1,369	1,028
Other Long-Term Assets	905	979	1,323	1,436	1,190	1,051
Total Assets	98,898	97,014	96,991	98,652	88,046	87,808
Accounts Payable	26,139	24,484	20,597	18,056	10,559	8,567
Accrued Expenses	117	215	346	391	493	461
Short-Term Debt	790	1,330	1,579	650	8,505	12,195
Current Portion of Long-Term Debt	-	-	4,260	601	409	1,003
Current Income Taxes Payable	138	10	64	30	158	-286
Current Unearned Revenue	5,406	5,186	6,393	8,631	5,611	4,896
Other Current Liabilities	6,321	3,963	2,915	2,266	1,967	2,505
Total Current Liabilities	38,911	35,188	36,154	30,625	27,702	29,341
Long-Term Debt	7,855	5,498	899	5,113	4,954	4,905
Long-Term Leases	139	2	226	346	665	160
Long-Term Unearned Revenue	763	650	523	543	595	584
Long-Term Deferred Tax Liabilities	159	106	347	157	112	93
Other Long-Term Liabilities	402	179	179	631	160	177
Total Liabilities	48,273	41,623	38,328	37,415	34,188	35,260
Common Stock	9,383	9,384	9,403	9,405	9,405	9,405
Additional Paid-In Capital	-	33,853	33,879	34,624	33,485	33,485
Retained Earnings	6,174	11,254	14,575	16,631	10,647	9,274
Treasury Stock	-27	-32	-96	-100	-166	-
Comprehensive Income & Other	34,102	245	245	151	-6	-85
Total Common Equity	49,632	54,704	58,006	60,711	53,365	52,079
Minority Interest	993	687	657	526	493	469
Shareholders' Equity	50,625	55,391	58,663	61,237	53,858	52,548
Total Liabilities & Equity	98,898	97,014	96,991	98,652	88,046	87,808
Total Debt	8,784	6,830	6,964	6,710	14,533	18,263
Net Cash (Debt)	-5,673	-3,609	-1,871	-1,312	-9,204	-13,592
Net Cash Per Share	-0.60	-0.38	-0.19	-0.14	-0.92	-1.42
Filing Date Shares Outstanding	9,384	9,384	11,701	9,415	9,353	9,405
Total Common Shares Outstanding	9,384	9,384	11,701	9,415	9,353	9,405
Working Capital	-11,296	-8,069	-6,922	1,916	-4,686	-5,849
Book Value Per Share	5.29	5.83	4.96	6.45	5.71	5.54
Tangible Book Value	42,867	47,884	51,453	54,281	47,377	45,916
Tangible Book Value Per Share	4.57	5.10	4.40	5.77	5.07	4.88
Buildings	-	35,870	34,933	33,437	32,931	32,283
Machinery	-	87,642	84,077	84,005	81,337	79,634
Construction In Progress	-	6,887	6,732	4,644	1,814	1,549

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