ZTE Corporation (HKG: 0763)

ZTE 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	46,784	78,543	56,346	50,713	35,660	33,309
Trading Asset Securities	14,151	153.29	513.78	1,361	1,037	560.66
Cash & Short-Term Investments	60,936	78,697	56,860	52,074	36,697	33,870
Cash Growth	-9.39%	38.40%	9.19%	41.90%	8.35%	31.45%
Accounts Receivable	27,427	29,744	26,396	29,492	26,988	32,055
Other Receivables	1,519	1,146	1,347	1,267	856.31	830.28
Receivables	28,947	30,890	27,743	30,846	28,140	33,079
Inventory	40,627	41,131	45,235	36,317	33,689	27,689
Prepaid Expenses	-	7,326	7,463	7,747	-	7,360
Other Current Assets	9,494	459.96	573.06	887.71	8,451	570.49
Total Current Assets	140,003	158,505	137,874	127,871	106,977	102,567
Property, Plant & Equipment	16,509	15,917	14,957	13,625	14,001	11,619
Long-Term Investments	21,467	2,989	2,782	2,860	3,251	3,922
Goodwill	14.43	-	-	-	186.21	186.21
Other Intangible Assets	7,581	2,760	3,087	3,637	4,447	3,250
Long-Term Accounts Receivable	1,691	2,024	2,748	2,600	3,027	3,020
Long-Term Deferred Tax Assets	4,422	4,146	3,719	3,195	3,437	2,511
Long-Term Deferred Charges	1,074	6,239	6,839	6,911	6,993	6,346
Other Long-Term Assets	6,933	8,378	8,947	8,064	8,315	7,781
Total Assets	199,694	200,958	180,954	168,763	150,635	141,202
Accounts Payable	27,593	28,374	29,705	33,275	28,516	27,729
Accrued Expenses	16,671	18,020	14,865	13,384	11,675	10,261
Short-Term Debt	8,716	12,573	9,962	8,947	10,559	26,646
Current Portion of Long-Term Debt	2,213	1,680	354.76	790.39	1,853	402.08
Current Portion of Leases	-	522.99	391.54	389.2	453.13	520.21
Current Income Taxes Payable	1,247	637.45	594.91	361.34	445.02	399.12
Current Unearned Revenue	11,822	14,963	17,748	16,146	15,631	14,568
Other Current Liabilities	5,240	6,259	4,802	5,393	5,263	5,846
Total Current Liabilities	73,502	83,030	78,424	78,685	74,395	86,371
Long-Term Debt	45,954	42,587	35,321	30,159	22,968	10,246
Long-Term Leases	1,054	960.46	788.65	531.98	718.19	645.29
Long-Term Unearned Revenue	2,451	2,324	2,540	2,095	2,465	3,513
Long-Term Deferred Tax Liabilities	82.25	77.87	87.14	150.35	134.32	172.06
Other Long-Term Liabilities	3,880	3,505	4,105	3,706	3,688	2,156
Total Liabilities	127,059	132,627	121,410	115,476	104,512	103,248
Common Stock	4,783	4,783	4,736	4,731	4,613	4,228
Additional Paid-In Capital	-	27,603	25,893	25,360	23,276	12,144
Retained Earnings	39,441	37,768	30,338	23,678	17,793	14,456
Treasury Stock	-	-	-	-	-114.77	-
Comprehensive Income & Other	28,092	-2,147	-2,326	-2,287	-2,271	4,251
Total Common Equity	72,316	68,008	58,641	51,482	43,297	35,079
Minority Interest	319.73	323.14	902.04	1,806	2,826	2,875
Shareholders' Equity	72,636	68,331	59,543	53,288	46,123	37,954
Total Liabilities & Equity	199,694	200,958	180,954	168,763	150,635	141,202
Total Debt	57,936	58,324	46,818	40,817	36,551	38,459
Net Cash (Debt)	3,000	20,373	10,042	11,257	145.48	-4,589
Net Cash Growth	-77.39%	102.88%	-10.79%	7637.51%	-	-
Net Cash Per Share	0.63	4.28	2.12	2.42	0.03	-1.09
Filing Date Shares Outstanding	4,783	4,783	4,736	4,731	4,610	4,612
Total Common Shares Outstanding	4,783	4,783	4,736	4,731	4,610	4,228
Working Capital	66,501	75,474	59,450	49,186	32,582	16,197
Book Value Per Share	15.12	14.22	12.38	10.88	9.39	6.82
Tangible Book Value	64,720	65,248	55,554	47,845	38,663	31,643
Tangible Book Value Per Share	13.53	13.64	11.73	10.11	8.39	6.01
Land	-	34.22	31.12	26.67	29.29	40.44
Buildings	-	11,556	10,472	9,116	9,563	7,355
Machinery	-	12,199	11,622	10,753	10,167	9,322
Construction In Progress	-	987.8	964	1,373	1,040	1,172

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