Longfor Group Holdings Limited (HKG: 0960)

Longfor Group 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	48,916	59,224	72,095	88,104	77,006	60,782
Trading Asset Securities	-	2	34.93	81.51	440	450
Cash & Short-Term Investments	48,916	59,226	72,130	88,186	77,446	61,232
Cash Growth	-31.39%	-17.89%	-18.21%	13.87%	26.48%	35.82%
Accounts Receivable	5,141	4,596	5,447	3,719	2,631	3,120
Other Receivables	99,817	98,695	111,771	110,914	92,955	76,284
Receivables	104,958	103,291	117,218	114,633	95,586	79,404
Inventory	251,789	254,841	325,469	405,492	375,623	331,973
Other Current Assets	25,743	24,833	25,421	36,077	28,122	22,653
Total Current Assets	431,406	442,191	540,238	644,388	576,776	495,261
Property, Plant & Equipment	3,017	2,780	4,120	5,345	4,338	2,517
Long-Term Investments	37,621	38,091	37,295	34,019	22,202	16,841
Goodwill	3,835	3,835	3,835	3,839	275.98	-
Other Intangible Assets	1,907	2,009	2,196	2,403	213.85	66.71
Long-Term Deferred Tax Assets	11,603	11,390	11,217	10,891	8,867	6,726
Other Long-Term Assets	204,927	200,110	187,873	174,765	152,486	130,833
Total Assets	694,317	700,407	786,774	875,651	765,159	652,245
Accounts Payable	21,753	25,389	47,637	85,520	76,368	62,426
Accrued Expenses	5,371	7,487	10,544	10,589	7,607	4,861
Short-Term Debt	-	-	-	18,609	14,674	15,836
Current Portion of Long-Term Debt	29,598	27,078	20,921	14,611	18,340	13,927
Current Portion of Leases	1,535	1,667	1,461	1,383	1,273	1,009
Current Income Taxes Payable	23,684	27,540	33,611	37,014	33,353	28,288
Current Unearned Revenue	109,211	102,786	125,176	194,874	182,389	155,156
Other Current Liabilities	71,662	75,044	96,525	83,943	65,504	52,416
Total Current Liabilities	262,813	266,989	335,875	446,543	399,508	333,920
Long-Term Debt	158,311	166,693	188,990	179,194	149,924	132,122
Long-Term Leases	12,577	13,165	13,403	14,684	12,439	10,247
Long-Term Deferred Tax Liabilities	18,379	17,042	14,812	12,779	10,563	9,245
Other Long-Term Liabilities	54.25	58.25	515.14	573.17	-	33.69
Total Liabilities	452,135	463,949	553,595	653,773	572,435	485,567
Common Stock	590.43	574.48	546.29	528.53	527.21	520.73
Retained Earnings	-	153,657	143,119	123,460	108,718	93,976
Comprensive Income & Other	156,956	-2,264	-1,565	960.41	-901.2	-540.87
Total Common Equity	157,546	151,967	142,100	124,949	108,344	93,956
Minority Interest	84,636	84,492	91,079	96,928	84,380	72,721
Shareholders' Equity	242,182	236,458	233,179	221,878	192,724	166,678
Total Liabilities & Equity	694,317	700,407	786,774	875,651	765,159	652,245
Total Debt	202,021	208,603	224,775	228,482	196,651	173,141
Net Cash (Debt)	-153,106	-149,377	-152,644	-140,296	-119,205	-111,908
Net Cash Per Share	-23.83	-23.96	-25.40	-23.44	-19.93	-18.72
Filing Date Shares Outstanding	6,527	6,592	6,282	6,074	6,059	5,983
Total Common Shares Outstanding	6,527	6,592	6,282	6,074	6,059	5,983
Working Capital	168,593	175,202	204,363	197,845	177,268	161,341
Book Value Per Share	24.14	23.05	22.62	20.57	17.88	15.70
Tangible Book Value	151,805	146,123	136,069	118,707	107,854	93,890
Tangible Book Value Per Share	23.26	22.17	21.66	19.54	17.80	15.69
Land	-	2,044	1,773	1,532	1,300	708.7
Buildings	-	173.92	227.6	630.5	353.7	92.68
Machinery	-	771.91	855.87	961.88	698.96	581.82

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