China Communications Services Corporation Limited (HKG: 0552)

China Communications Services Corporation 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	13,807	22,915	22,088	21,171	21,008	19,221
Short-Term Investments	10,168	6,656	2,390	2,357	-	-
Trading Asset Securities	707	10.43	61.56	3,365	3,099	4,568
Cash & Short-Term Investments	24,683	29,582	24,539	26,893	24,107	23,789
Cash Growth	12.27%	20.55%	-8.75%	11.56%	1.34%	12.46%
Accounts Receivable	60,961	52,505	45,579	39,789	37,995	36,246
Other Receivables	-	5,909	5,223	4,103	3,468	1,961
Receivables	60,961	58,415	50,802	43,892	41,463	38,207
Inventory	1,643	1,197	1,367	1,492	1,677	1,974
Prepaid Expenses	-	-	-	-	-	1,400
Other Current Assets	14,680	7,760	7,495	6,999	9,015	7,883
Total Current Assets	101,967	96,953	84,203	79,276	76,262	73,252
Property, Plant & Equipment	8,926	9,211	9,100	9,212	9,845	6,548
Long-Term Investments	12,748	11,048	12,572	7,633	5,978	5,325
Goodwill	103.01	103.01	103.01	103.01	103.01	103.01
Other Intangible Assets	689.2	745.83	724.01	683.48	535.71	505.28
Long-Term Deferred Tax Assets	1,113	1,020	941.88	758.19	700.74	690.34
Other Long-Term Assets	2,655	2,709	2,624	2,362	1,064	1,118
Total Assets	128,202	121,790	110,269	100,028	94,489	87,541
Accounts Payable	59,060	53,426	44,611	36,320	33,364	30,675
Accrued Expenses	4,167	2,791	2,635	2,263	2,352	2,154
Short-Term Debt	-	610.58	183.13	176.03	157.75	160.33
Current Portion of Long-Term Debt	878.82	196.92	568.87	546.99	546.66	350.9
Current Portion of Leases	451.8	487.76	513.22	490.86	400.63	343.28
Current Income Taxes Payable	392.63	354.1	351.11	239.62	282.6	337.37
Current Unearned Revenue	7,618	9,560	10,903	11,449	10,978	10,087
Other Current Liabilities	8,767	8,818	6,831	6,828	7,148	6,576
Total Current Liabilities	81,335	76,245	66,596	58,314	55,229	50,684
Long-Term Debt	-	53.56	129.12	89.81	-	-
Long-Term Leases	1,038	1,029	1,067	1,072	768.66	690.17
Long-Term Deferred Tax Liabilities	849.01	676.37	632.75	744.95	895.91	833.74
Other Long-Term Liabilities	132.24	118.21	219.46	197.62	408.41	295.53
Total Liabilities	83,354	78,122	68,645	60,418	57,302	52,503
Common Stock	6,926	6,926	6,926	6,926	6,926	6,926
Additional Paid-In Capital	4,529	4,529	4,529	4,529	4,529	4,529
Retained Earnings	27,907	27,287	25,044	22,882	20,835	18,852
Comprehensive Income & Other	4,322	3,834	3,861	4,069	4,427	4,257
Total Common Equity	43,684	42,577	40,361	38,407	36,718	34,564
Minority Interest	1,164	1,091	1,263	1,203	469.29	473.86
Shareholders' Equity	44,848	43,668	41,624	39,610	37,187	35,038
Total Liabilities & Equity	128,202	121,790	110,269	100,028	94,489	87,541
Total Debt	2,368	2,378	2,461	2,376	1,874	1,545
Net Cash (Debt)	22,314	27,204	22,078	24,517	22,233	22,244
Net Cash Growth	14.44%	23.22%	-9.95%	10.27%	-0.05%	7.55%
Net Cash Per Share	3.22	3.93	3.19	3.54	3.21	3.21
Filing Date Shares Outstanding	6,926	6,926	6,926	6,926	6,926	6,926
Total Common Shares Outstanding	6,926	6,926	6,926	6,926	6,926	6,926
Working Capital	20,632	20,708	17,607	20,962	21,034	22,569
Book Value Per Share	6.31	6.15	5.83	5.55	5.30	4.99
Tangible Book Value	42,892	41,728	39,534	37,621	36,079	33,956
Tangible Book Value Per Share	6.19	6.02	5.71	5.43	5.21	4.90
Buildings	-	7,094	7,032	6,942	4,821	4,685
Machinery	-	6,163	5,983	5,625	5,604	5,547
Construction In Progress	-	883.47	427.69	576.41	3,468	282.37

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