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

Zhejiang Expressway 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	63,892	23,830	23,990	17,154	8,645	8,077
Short-Term Investments	-	4,714	454.32	413.84	313.6	302.73
Trading Asset Securities	36,942	41,729	43,790	45,446	29,158	22,235
Cash & Short-Term Investments	100,834	70,273	68,234	63,014	38,117	30,615
Cash Growth	-1.17%	2.99%	8.29%	65.32%	24.50%	7.64%
Accounts Receivable	1,021	20,766	18,120	19,862	15,387	9,071
Other Receivables	6,122	149.9	150.36	152.93	2.84	2.01
Receivables	14,120	28,826	24,357	27,093	22,392	17,183
Inventory	790.74	1,306	606.29	371.71	370.73	333.26
Restricted Cash	-	100.63	70.18	132.09	23.99	-
Other Current Assets	36,960	52,356	52,946	40,233	30,749	20,572
Total Current Assets	152,705	152,862	146,214	130,843	91,652	68,704
Property, Plant & Equipment	5,514	7,137	6,535	5,686	5,050	4,660
Long-Term Investments	25,803	23,946	11,280	10,479	7,189	6,465
Goodwill	575.41	86.87	86.87	86.87	86.87	86.87
Other Intangible Assets	20,691	21,401	24,022	26,357	26,067	23,050
Long-Term Accounts Receivable	-	-	-	-	1,008	686.56
Long-Term Deferred Tax Assets	1,428	1,446	1,417	1,618	1,590	924.6
Other Long-Term Assets	989.26	854.47	938.36	1,036	2,685	-
Total Assets	207,793	207,734	190,861	176,297	135,447	104,577
Accounts Payable	1,973	46,238	49,670	39,649	28,153	21,412
Accrued Expenses	1,404	1,863	1,937	2,358	1,655	1,123
Short-Term Debt	25,096	28,680	28,092	33,691	18,232	15,821
Current Portion of Long-Term Debt	-	11,828	12,177	12,772	15,217	9,673
Current Portion of Leases	-	147.91	119.68	105.7	91.35	70.58
Current Income Taxes Payable	724.85	654.11	419.68	1,305	1,202	537.87
Current Unearned Revenue	112.37	10,338	6,104	2,998	4,157	318.02
Other Current Liabilities	72,842	3,557	3,037	4,821	4,282	1,103
Total Current Liabilities	102,153	103,306	101,556	97,700	72,989	50,058
Long-Term Debt	39,079	43,435	39,199	33,336	24,826	22,001
Long-Term Leases	259.06	327.52	324.35	360.22	298.89	188.77
Long-Term Deferred Tax Liabilities	573.03	260.06	481.07	477.53	386.5	347.33
Total Liabilities	142,195	147,329	141,561	131,874	98,501	72,595
Common Stock	5,993	5,993	4,343	4,343	4,343	4,343
Additional Paid-In Capital	18,576	7,804	3,356	3,356	3,356	3,356
Retained Earnings	18,421	16,917	13,322	12,516	9,296	14,699
Comprehensive Income & Other	322.5	9,078	8,989	6,935	6,616	-803.86
Total Common Equity	43,313	39,792	30,009	27,150	23,610	21,594
Minority Interest	22,285	20,613	19,291	17,273	13,336	10,388
Shareholders' Equity	65,598	60,405	49,300	44,423	36,946	31,982
Total Liabilities & Equity	207,793	207,734	190,861	176,297	135,447	104,577
Total Debt	64,435	84,418	79,913	80,265	58,665	47,754
Net Cash (Debt)	36,399	-14,145	-11,678	-17,251	-20,549	-17,139
Net Cash Per Share	6.03	-2.88	-2.42	-3.76	-4.64	-3.72
Filing Date Shares Outstanding	5,993	5,993	4,343	4,343	4,343	4,343
Total Common Shares Outstanding	5,993	5,993	4,343	4,343	4,343	4,343
Working Capital	50,552	49,556	44,657	33,143	18,663	18,646
Book Value Per Share	7.23	6.64	6.91	6.25	5.44	4.97
Tangible Book Value	22,047	18,304	5,900	706.87	-2,543	-1,543
Tangible Book Value Per Share	3.68	3.05	1.36	0.16	-0.59	-0.36
Land	-	2,356	2,041	2,388	2,322	2,208
Machinery	-	4,719	4,492	3,655	3,567	2,686
Construction In Progress	-	677.65	723.75	539.67	352.78	438.97

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