Zhejiang Expressway Co., Ltd. (HKG:0576)

Zhejiang Expressway Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20,932	23,830	23,990	17,154	8,645
Short-Term Investments	3,403	4,714	454.32	413.84	313.6
Trading Asset Securities	35,537	41,729	43,790	45,446	29,158
Cash & Short-Term Investments	59,872	70,273	68,234	63,014	38,117
Cash Growth	-14.80%	2.99%	8.29%	65.32%	24.50%
Accounts Receivable	25,275	20,766	18,120	19,862	15,387
Other Receivables	248.76	149.9	150.36	152.93	2.84
Receivables	31,195	28,826	24,357	27,093	22,392
Inventory	1,235	1,306	606.29	371.71	370.73
Restricted Cash	80.26	100.63	70.18	132.09	23.99
Other Current Assets	53,542	52,356	52,946	40,233	30,749
Total Current Assets	145,924	152,862	146,214	130,843	91,652
Property, Plant & Equipment	6,550	7,137	6,535	5,686	5,050
Long-Term Investments	42,189	23,946	11,280	10,479	7,189
Goodwill	86.87	86.87	86.87	86.87	86.87
Other Intangible Assets	20,172	21,401	24,022	26,357	26,067
Long-Term Accounts Receivable	-	-	-	-	1,008
Long-Term Deferred Tax Assets	1,274	1,446	1,417	1,618	1,590
Other Long-Term Assets	985.61	854.47	938.36	1,036	2,685
Total Assets	217,182	207,734	190,861	176,297	135,447
Accounts Payable	49,613	46,238	49,670	39,649	28,153
Accrued Expenses	1,889	1,863	1,937	2,358	1,655
Short-Term Debt	31,975	28,680	28,092	33,691	18,232
Current Portion of Long-Term Debt	13,727	11,828	12,177	12,772	15,217
Current Portion of Leases	147.69	147.91	119.68	105.7	91.35
Current Income Taxes Payable	784.81	654.11	419.68	1,305	1,202
Current Unearned Revenue	6,314	10,338	6,104	2,998	4,157
Other Current Liabilities	3,815	3,557	3,037	4,821	4,282
Total Current Liabilities	108,266	103,306	101,556	97,700	72,989
Long-Term Debt	34,454	43,435	39,199	33,336	24,826
Long-Term Leases	246.41	327.52	324.35	360.22	298.89
Long-Term Deferred Tax Liabilities	518.09	260.06	481.07	477.53	386.5
Total Liabilities	143,484	147,329	141,561	131,874	98,501
Common Stock	5,994	5,993	4,343	4,343	4,343
Additional Paid-In Capital	7,805	7,804	3,356	3,356	3,356
Retained Earnings	20,500	16,917	13,322	12,516	9,296
Comprehensive Income & Other	11,741	9,078	8,989	6,935	6,616
Total Common Equity	46,041	39,792	30,009	27,150	23,610
Minority Interest	27,657	20,613	19,291	17,273	13,336
Shareholders' Equity	73,698	60,405	49,300	44,423	36,946
Total Liabilities & Equity	217,182	207,734	190,861	176,297	135,447
Total Debt	80,550	84,418	79,913	80,265	58,665
Net Cash (Debt)	-20,678	-14,145	-11,678	-17,251	-20,549
Net Cash Per Share	-3.43	-2.88	-2.42	-3.76	-4.64
Filing Date Shares Outstanding	5,994	5,993	4,343	4,343	4,343
Total Common Shares Outstanding	5,994	5,993	4,343	4,343	4,343
Working Capital	37,658	49,556	44,657	33,143	18,663
Book Value Per Share	7.68	6.64	6.91	6.25	5.44
Tangible Book Value	25,782	18,304	5,900	706.87	-2,543
Tangible Book Value Per Share	4.30	3.05	1.36	0.16	-0.59
Land	2,490	2,356	2,041	2,388	2,322
Machinery	4,660	4,719	4,492	3,655	3,567
Construction In Progress	305.94	677.65	723.75	539.67	352.78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.