Tiangong International Company Limited (HKG: 0826)

Tiangong International Company 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	1,106	749.09	1,220	1,357	827.25	398.02
Short-Term Investments	716.55	1,308	1,342	1,749	350	500
Trading Asset Securities	1.05	1.11	1.04	1.65	877.12	2.77
Cash & Short-Term Investments	1,824	2,058	2,563	3,108	2,054	900.78
Cash Growth	-35.25%	-19.69%	-17.54%	51.29%	128.06%	-30.82%
Accounts Receivable	3,066	2,915	2,286	1,883	2,017	2,160
Other Receivables	424.15	413.1	123.72	115.65	125.89	139.35
Receivables	3,490	3,329	2,409	1,999	2,143	2,300
Inventory	2,525	2,477	2,583	2,278	1,688	1,735
Other Current Assets	330.3	353.49	363.37	376.47	723.51	1,019
Total Current Assets	8,169	8,218	7,919	7,761	6,609	5,954
Property, Plant & Equipment	4,649	4,756	4,841	4,437	4,284	3,980
Long-Term Investments	322.98	321.84	332.84	285.82	219.73	222.6
Goodwill	144.6	144.6	144.6	21.96	21.96	21.96
Other Intangible Assets	55.23	57.72	65.33	16.94	18.84	-
Long-Term Deferred Tax Assets	81.5	63.37	60.01	42.21	44.17	37.11
Total Assets	13,422	13,561	13,363	12,565	11,198	10,216
Accounts Payable	1,170	1,247	1,272	1,182	1,424	1,371
Short-Term Debt	-	1,223	1,141	1,173	1,924	1,814
Current Portion of Long-Term Debt	2,112	986.46	725.5	427.35	850.44	799.12
Current Income Taxes Payable	15.77	26.73	28.24	40.96	64.14	28.12
Current Unearned Revenue	16.71	13.39	23.48	29.51	37.35	94.2
Other Current Liabilities	2,002	1,904	1,889	1,630	507.8	142.53
Total Current Liabilities	5,316	5,401	5,079	4,484	4,807	4,248
Long-Term Debt	615.87	685.6	1,029	1,038	591.84	638.89
Long-Term Unearned Revenue	33.81	37.79	42.53	50.31	58.08	51.37
Long-Term Deferred Tax Liabilities	48.92	52.52	71.31	100.09	101.03	74.65
Total Liabilities	6,015	6,176	6,222	5,672	5,558	5,013
Common Stock	49.06	49.06	49.23	49.4	46.19	45.77
Additional Paid-In Capital	-	2,708	2,728	2,754	2,067	2,030
Retained Earnings	-	4,369	4,099	3,669	3,202	2,799
Comprensive Income & Other	7,013	-60.64	-15.54	158.26	155.57	162.06
Total Common Equity	7,062	7,065	6,860	6,630	5,470	5,036
Minority Interest	344.63	320.03	281.05	262.31	170.09	166.79
Shareholders' Equity	7,407	7,385	7,141	6,893	5,640	5,203
Total Liabilities & Equity	13,422	13,561	13,363	12,565	11,198	10,216
Total Debt	2,728	2,895	2,895	2,639	3,366	3,252
Net Cash (Debt)	-903.6	-836.84	-332.6	469.23	-1,311	-2,351
Net Cash Per Share	-0.33	-0.30	-0.12	0.17	-0.51	-0.92
Filing Date Shares Outstanding	2,761	2,775	2,785	2,795	2,599	2,569
Total Common Shares Outstanding	2,761	2,775	2,785	2,795	2,599	2,569
Working Capital	2,852	2,817	2,839	3,277	1,802	1,706
Book Value Per Share	2.56	2.55	2.46	2.37	2.10	1.96
Tangible Book Value	6,862	6,862	6,650	6,591	5,429	5,014
Tangible Book Value Per Share	2.49	2.47	2.39	2.36	2.09	1.95
Land	-	14.56	14.14	13.42	15.24	-
Machinery	-	7,277	6,824	6,399	5,698	5,288
Construction In Progress	-	189.64	385.94	178.44	456.35	354.4

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