Xinyi Solar Holdings Limited (HKG:0968)

Xinyi Solar Holdings Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	821.61	2,822	5,326	7,458	9,291
Short-Term Investments	202.02	165.22	310.13	432.23	219.46
Trading Asset Securities	58.24	55.78	-	-	-
Cash & Short-Term Investments	1,082	3,043	5,636	7,890	9,511
Cash Growth	-64.45%	-46.01%	-28.57%	-17.04%	302.91%
Accounts Receivable	11,914	11,998	10,479	9,522	8,196
Other Receivables	1,323	1,108	498.28	857.33	784.11
Receivables	13,238	13,105	10,978	10,379	8,980
Inventory	2,856	2,098	2,029	2,045	728.28
Restricted Cash	19.59	-	-	-	-
Other Current Assets	367.91	1,575	465.38	509.86	659.39
Total Current Assets	17,563	19,822	19,108	20,825	19,878
Property, Plant & Equipment	38,343	38,922	29,605	26,762	21,814
Long-Term Investments	244.46	342.42	356.39	456.61	434.79
Goodwill	-	12.88	13.04	13.19	12.56
Other Intangible Assets	29.35	18.5	8.44	10.89	12.22
Long-Term Accounts Receivable	167.97	211.09	219.82	247.05	211.52
Long-Term Deferred Tax Assets	168.68	157	140.31	23.19	251.12
Other Long-Term Assets	415.87	947.02	1,124	733.16	809.27
Total Assets	56,932	60,433	50,575	49,070	43,423
Accounts Payable	5,331	5,935	2,988	1,284	1,050
Accrued Expenses	509	584.7	654.37	626.69	477.72
Short-Term Debt	-	-	-	300	615
Current Portion of Long-Term Debt	6,143	6,883	4,358	3,358	2,795
Current Portion of Leases	71.72	85.26	50.05	46.81	48.52
Current Income Taxes Payable	65.04	211.32	220.61	185.92	540.46
Current Unearned Revenue	79.42	84.03	109.66	91.1	181.4
Other Current Liabilities	3,145	3,439	2,229	1,824	2,017
Total Current Liabilities	15,344	17,223	10,610	7,716	7,725
Long-Term Debt	5,497	3,620	3,674	4,350	2,703
Long-Term Leases	831.63	924.89	830.34	793.78	646.46
Long-Term Unearned Revenue	130	142.62	-	210.37	209.7
Long-Term Deferred Tax Liabilities	150.35	192.79	174.96	30.5	11.94
Other Long-Term Liabilities	571.97	471.6	53.85	71.93	102.42
Total Liabilities	22,525	22,575	15,344	13,173	11,399
Common Stock	738.83	890.33	889.62	889.08	880.93
Additional Paid-In Capital	10,148	7,442	8,299	9,166	9,674
Retained Earnings	18,165	24,089	20,584	17,654	14,240
Comprehensive Income & Other	-	-446.58	-24.77	2,603	1,726
Total Common Equity	29,052	31,975	29,748	30,312	26,522
Minority Interest	5,356	5,884	5,483	5,585	5,503
Shareholders' Equity	34,408	37,858	35,231	35,897	32,025
Total Liabilities & Equity	56,932	60,433	50,575	49,070	43,423
Total Debt	12,543	11,513	8,913	8,848	6,808
Net Cash (Debt)	-11,462	-8,470	-3,277	-957.99	2,702
Net Cash Per Share	-1.28	-0.95	-0.37	-0.11	0.33
Filing Date Shares Outstanding	8,981	8,903	8,896	8,891	8,809
Total Common Shares Outstanding	8,981	8,903	8,896	8,891	8,809
Working Capital	2,219	2,599	8,498	13,109	12,153
Book Value Per Share	3.23	3.59	3.34	3.41	3.01
Tangible Book Value	29,022	31,943	29,727	30,288	26,497
Tangible Book Value Per Share	3.23	3.59	3.34	3.41	3.01
Land	-	361.51	368.4	199.04	204.9
Buildings	-	2,953	2,029	1,894	1,616
Machinery	-	12,508	9,922	8,203	6,044
Construction In Progress	-	7,509	3,686	2,187	1,293

Source: S&P Global Market Intelligence. Standard template. Financial Sources.