Tongcheng Travel Holdings Limited (HKG: 0780)

Tongcheng Travel Holdings 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	7,748	5,192	3,547	2,046	1,804	2,271
Short-Term Investments	576.85	2,642	688.06	184.6	594.79	358.68
Trading Asset Securities	1,838	1,632	2,669	3,343	4,506	4,384
Cash & Short-Term Investments	10,163	9,466	6,904	5,574	6,905	7,014
Cash Growth	20.69%	37.10%	23.88%	-19.28%	-1.56%	13.74%
Accounts Receivable	1,692	1,218	888.48	670.32	931.76	1,096
Other Receivables	452.99	326.66	316.83	314.38	351.91	622.52
Receivables	2,145	1,545	1,205	984.7	1,284	1,719
Inventory	157.43	780.8	399.45	339.22	286.62	462.3
Prepaid Expenses	1,020	164.53	184.79	158.32	66.22	57.2
Restricted Cash	150.07	144.89	88.44	54.6	92.15	213.38
Other Current Assets	3,353	2,799	1,602	262.91	196.11	225.51
Total Current Assets	16,988	14,900	10,384	7,373	8,830	9,691
Property, Plant & Equipment	3,949	3,051	1,677	1,543	1,426	1,107
Long-Term Investments	3,769	3,153	3,981	3,967	1,114	579.89
Goodwill	-	5,034	4,267	4,267	3,960	3,942
Other Intangible Assets	9,406	4,580	4,347	4,119	3,563	3,955
Long-Term Accounts Receivable	-	-	48.46	53.49	-	-
Long-Term Deferred Tax Assets	204.06	206.21	209.49	174.68	215.61	201.06
Other Long-Term Assets	322.63	792.97	121.49	8.76	5.96	7.43
Total Assets	34,638	31,717	25,035	21,506	19,114	19,483
Accounts Payable	5,111	4,260	2,672	2,377	2,085	3,429
Accrued Expenses	-	1,215	875.67	688.52	828.19	-
Short-Term Debt	2,285	725.13	100.09	-	29.61	87.2
Current Portion of Long-Term Debt	72.53	1,815	343.22	19.69	19.69	19.69
Current Portion of Leases	83.62	40.74	25.04	34.19	27.24	6.06
Current Income Taxes Payable	130.56	124.77	35.2	14.38	37.16	28.95
Current Unearned Revenue	322.99	367.14	185.32	249.86	241.72	88.55
Other Current Liabilities	4,899	3,339	1,880	1,328	965.17	1,947
Total Current Liabilities	12,905	11,887	6,117	4,711	4,234	5,606
Long-Term Debt	760.78	10.94	1,858	93.54	113.23	132.92
Long-Term Leases	572.77	420.46	88.39	181.98	205.81	17.83
Long-Term Unearned Revenue	28.79	32.32	37.9	-	-	-
Long-Term Deferred Tax Liabilities	751.18	744.86	605.01	496.53	529.21	568.38
Other Long-Term Liabilities	72.07	74.64	338.63	764.34	15.02	6.7
Total Liabilities	15,091	13,170	9,044	6,248	5,097	6,332
Common Stock	8.01	7.77	7.71	7.63	7.51	7.32
Additional Paid-In Capital	20,464	20,116	19,877	19,571	19,046	18,190
Retained Earnings	607.55	96.97	-1,457	-1,311	-2,035	-2,362
Treasury Stock	-0.15	-	-	-	-	-0.01
Comprensive Income & Other	-2,467	-2,518	-2,696	-3,048	-3,006	-2,679
Total Common Equity	18,613	17,703	15,732	15,219	14,014	13,156
Minority Interest	934.7	843.58	258.34	39.46	2.93	-4.69
Shareholders' Equity	19,547	18,546	15,990	15,259	14,017	13,152
Total Liabilities & Equity	34,638	31,717	25,035	21,506	19,114	19,483
Total Debt	3,775	3,012	2,415	329.39	395.57	263.71
Net Cash (Debt)	6,388	6,453	4,490	5,244	6,509	6,750
Net Cash Growth	4.20%	43.74%	-14.39%	-19.44%	-3.57%	12.61%
Net Cash Per Share	2.78	2.81	2.02	2.33	2.98	3.19
Filing Date Shares Outstanding	2,271	2,255	2,240	2,218	2,180	2,127
Total Common Shares Outstanding	2,271	2,255	2,240	2,218	2,180	2,127
Working Capital	4,083	3,013	4,267	2,662	4,596	4,086
Book Value Per Share	8.19	7.85	7.02	6.86	6.43	6.19
Tangible Book Value	9,207	8,089	7,118	6,833	6,491	5,260
Tangible Book Value Per Share	4.05	3.59	3.18	3.08	2.98	2.47
Buildings	-	1,804	1,259	998.87	985.69	396.54
Machinery	-	1,134	943.21	871.93	732.2	657.71
Construction In Progress	-	238.4	18.96	32.64	22.67	440.58
Leasehold Improvements	-	242.76	148.86	101.38	18.09	15.47

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