Xinyi Solar Holdings Limited (HKG: 0968)

Xinyi Solar Holdings Balance Sheet

Financials in millions HKD. 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	2,029	2,822	5,326	7,458	9,291	2,221
Short-Term Investments	126.14	165.22	310.13	432.23	219.46	139.42
Trading Asset Securities	44.09	55.78	-	-	-	-
Cash & Short-Term Investments	2,199	3,043	5,636	7,890	9,511	2,360
Cash Growth	-48.36%	-46.01%	-28.57%	-17.04%	302.91%	140.55%
Accounts Receivable	12,800	11,998	10,479	9,522	8,196	5,482
Other Receivables	1,297	1,108	498.28	857.33	784.11	817.69
Receivables	14,097	13,105	10,978	10,379	8,980	6,300
Inventory	3,341	2,098	2,029	2,045	728.28	410.48
Other Current Assets	443.36	1,575	465.38	509.86	659.39	396.09
Total Current Assets	20,408	19,822	19,108	20,825	19,878	9,467
Property, Plant & Equipment	40,492	38,922	29,605	26,762	21,814	17,960
Long-Term Investments	349.81	342.42	356.39	456.61	434.79	404.1
Goodwill	-	12.88	13.04	13.19	12.56	10.47
Other Intangible Assets	29.37	18.5	8.44	10.89	12.22	-
Long-Term Accounts Receivable	195.89	211.09	219.82	247.05	211.52	189.94
Long-Term Deferred Tax Assets	161.81	157	140.31	23.19	251.12	46.09
Other Long-Term Assets	828.68	947.02	1,124	733.16	809.27	319.14
Total Assets	62,465	60,433	50,575	49,070	43,423	28,397
Accounts Payable	4,180	5,935	2,988	1,284	1,050	676.54
Accrued Expenses	3,835	584.7	654.37	626.69	477.72	378.09
Short-Term Debt	-	-	-	300	615	350
Current Portion of Long-Term Debt	5,685	6,883	4,358	3,358	2,795	2,454
Current Portion of Leases	79.79	85.26	50.05	46.81	48.52	41.05
Current Income Taxes Payable	244.76	211.32	220.61	185.92	540.46	102.32
Current Unearned Revenue	152.17	84.03	109.66	91.1	181.4	31.89
Other Current Liabilities	3,395	3,439	2,229	1,824	2,017	1,257
Total Current Liabilities	17,572	17,223	10,610	7,716	7,725	5,290
Long-Term Debt	5,471	3,620	3,674	4,350	2,703	3,880
Long-Term Leases	893.69	924.89	830.34	793.78	646.46	585.44
Long-Term Unearned Revenue	-	142.62	-	210.37	209.7	-
Long-Term Deferred Tax Liabilities	175.38	192.79	174.96	30.5	11.94	11.53
Other Long-Term Liabilities	859.08	471.6	53.85	71.93	102.42	57.34
Total Liabilities	24,971	22,575	15,344	13,173	11,399	9,824
Common Stock	890.99	890.33	889.62	889.08	880.93	808.19
Additional Paid-In Capital	6,141	7,442	8,299	9,166	9,674	2,956
Retained Earnings	22,943	24,089	20,584	17,654	14,240	10,374
Comprensive Income & Other	1,853	-446.58	-24.77	2,603	1,726	38.73
Total Common Equity	31,827	31,975	29,748	30,312	26,522	14,177
Minority Interest	5,666	5,884	5,483	5,585	5,503	4,396
Shareholders' Equity	37,494	37,858	35,231	35,897	32,025	18,573
Total Liabilities & Equity	62,465	60,433	50,575	49,070	43,423	28,397
Total Debt	12,129	11,513	8,913	8,848	6,808	7,310
Net Cash (Debt)	-9,930	-8,470	-3,277	-957.99	2,702	-4,949
Net Cash Per Share	-1.12	-0.95	-0.37	-0.11	0.33	-0.62
Filing Date Shares Outstanding	8,910	8,903	8,896	8,891	8,809	8,082
Total Common Shares Outstanding	8,910	8,903	8,896	8,891	8,809	8,082
Working Capital	2,835	2,599	8,498	13,109	12,153	4,177
Book Value Per Share	3.57	3.59	3.34	3.41	3.01	1.75
Tangible Book Value	31,798	31,943	29,727	30,288	26,497	14,166
Tangible Book Value Per Share	3.57	3.59	3.34	3.41	3.01	1.75
Land	-	361.51	368.4	199.04	204.9	202.29
Buildings	-	2,953	2,029	1,894	1,616	1,284
Machinery	-	12,508	9,922	8,203	6,044	4,865
Construction In Progress	-	7,509	3,686	2,187	1,293	527.83

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