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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,737	5,192	3,547	2,046	1,804	2,271
Short-Term Investments	235.71	2,642	688.06	184.6	594.79	358.68
Trading Asset Securities	2,740	1,632	2,669	3,343	4,506	4,384
Cash & Short-Term Investments	8,713	9,466	6,904	5,574	6,905	7,014
Cash Growth	6.24%	37.10%	23.88%	-19.28%	-1.56%	13.74%
Accounts Receivable	1,992	1,218	888.48	670.32	931.76	1,096
Other Receivables	-	326.66	316.83	314.38	351.91	622.52
Receivables	1,992	1,545	1,205	984.7	1,284	1,719
Inventory	7.65	780.8	399.45	339.22	286.62	462.3
Prepaid Expenses	-	164.53	184.79	158.32	66.22	57.2
Restricted Cash	124.14	144.89	88.44	54.6	92.15	213.38
Other Current Assets	6,631	2,799	1,602	262.91	196.11	225.51
Total Current Assets	17,468	14,900	10,384	7,373	8,830	9,691
Property, Plant & Equipment	3,905	3,051	1,677	1,543	1,426	1,107
Long-Term Investments	3,849	3,153	3,981	3,967	1,114	579.89
Goodwill	-	5,034	4,267	4,267	3,960	3,942
Other Intangible Assets	10,752	4,580	4,347	4,119	3,563	3,955
Long-Term Accounts Receivable	-	-	48.46	53.49	-	-
Long-Term Deferred Tax Assets	214	206.21	209.49	174.68	215.61	201.06
Other Long-Term Assets	509.49	792.97	121.49	8.76	5.96	7.43
Total Assets	36,697	31,717	25,035	21,506	19,114	19,483
Accounts Payable	4,459	4,260	2,672	2,377	2,085	3,429
Accrued Expenses	-	1,215	875.67	688.52	828.19	-
Short-Term Debt	-	725.13	100.09	-	29.61	87.2
Current Portion of Long-Term Debt	2,620	1,815	343.22	19.69	19.69	19.69
Current Portion of Leases	138.53	40.74	25.04	34.19	27.24	6.06
Current Income Taxes Payable	175.86	124.77	35.2	14.38	37.16	28.95
Current Unearned Revenue	331.84	367.14	185.32	249.86	241.72	88.55
Other Current Liabilities	4,780	3,339	1,880	1,328	965.17	1,947
Total Current Liabilities	12,505	11,887	6,117	4,711	4,234	5,606
Long-Term Debt	788.84	10.94	1,858	93.54	113.23	132.92
Long-Term Leases	631.49	420.46	88.39	181.98	205.81	17.83
Long-Term Unearned Revenue	28.29	32.32	37.9	-	-	-
Long-Term Deferred Tax Liabilities	738.85	744.86	605.01	496.53	529.21	568.38
Other Long-Term Liabilities	1,535	74.64	338.63	764.34	15.02	6.7
Total Liabilities	16,228	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	20,465	20,116	19,877	19,571	19,046	18,190
Retained Earnings	1,401	96.97	-1,457	-1,311	-2,035	-2,362
Treasury Stock	-0.15	-	-	-	-	-0.01
Comprehensive Income & Other	-2,352	-2,518	-2,696	-3,048	-3,006	-2,679
Total Common Equity	19,522	17,703	15,732	15,219	14,014	13,156
Minority Interest	947.48	843.58	258.34	39.46	2.93	-4.69
Shareholders' Equity	20,469	18,546	15,990	15,259	14,017	13,152
Total Liabilities & Equity	36,697	31,717	25,035	21,506	19,114	19,483
Total Debt	4,179	3,012	2,415	329.39	395.57	263.71
Net Cash (Debt)	4,534	6,453	4,490	5,244	6,509	6,750
Net Cash Growth	-23.02%	43.74%	-14.39%	-19.44%	-3.57%	12.61%
Net Cash Per Share	-	2.81	2.02	2.33	2.98	3.19
Filing Date Shares Outstanding	-	2,255	2,240	2,218	2,180	2,127
Total Common Shares Outstanding	-	2,255	2,240	2,218	2,180	2,127
Working Capital	4,963	3,013	4,267	2,662	4,596	4,086
Book Value Per Share	-	7.85	7.02	6.86	6.43	6.19
Tangible Book Value	8,770	8,089	7,118	6,833	6,491	5,260
Tangible Book Value Per Share	-	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.