TCL Electronics Holdings Limited (HKG: 1070)

TCL Electronics 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	9,851	10,737	9,391	11,509	10,385	8,195
Trading Asset Securities	541.03	943.1	1,266	1,342	1,083	961.58
Cash & Short-Term Investments	10,392	11,680	10,657	12,851	11,468	9,156
Cash Growth	29.99%	9.60%	-17.07%	12.06%	25.25%	35.81%
Accounts Receivable	20,055	19,154	13,154	13,599	13,681	10,162
Other Receivables	79.8	9,594	9,023	5,302	4,602	2,513
Receivables	20,135	28,748	22,177	20,080	18,700	12,675
Inventory	15,437	12,212	9,837	13,556	10,026	5,401
Prepaid Expenses	13,758	627.8	188.78	543.14	859.61	271.95
Restricted Cash	198.85	57.43	119.56	576.76	202.1	2.43
Other Current Assets	291.68	187.6	583.67	244.54	339.99	139.48
Total Current Assets	60,212	53,512	43,564	47,852	41,596	27,646
Property, Plant & Equipment	3,053	3,230	3,731	4,141	3,602	1,817
Long-Term Investments	1,805	1,677	1,870	1,823	1,535	1,610
Goodwill	3,022	3,194	3,195	3,322	3,301	1,842
Other Intangible Assets	1,442	1,070	883.75	945.69	1,023	156.17
Long-Term Deferred Tax Assets	463.24	490.69	429.64	336.79	271.55	85.58
Long-Term Deferred Charges	744.32	1,057	890.37	545	428.33	44.43
Other Long-Term Assets	526.85	545.6	545.8	569.18	579.69	131.3
Total Assets	71,269	64,776	55,109	59,534	52,336	33,332
Accounts Payable	27,580	24,008	18,947	19,425	17,469	12,080
Accrued Expenses	-	5,250	3,183	2,725	2,590	1,324
Short-Term Debt	-	578.61	25.11	-	-	142.35
Current Portion of Long-Term Debt	6,211	4,344	4,409	6,387	4,589	1,506
Current Portion of Leases	140.23	163.84	153.92	140.82	95.47	80.81
Current Income Taxes Payable	137.15	183.3	175.72	116.23	142.87	134.71
Current Unearned Revenue	-	1,267	1,343	2,157	1,098	472.52
Other Current Liabilities	18,545	9,740	8,301	8,989	7,980	5,415
Total Current Liabilities	52,613	45,536	36,538	39,941	33,965	21,156
Long-Term Debt	442.41	888.83	1,029	492.83	858.04	89.29
Long-Term Leases	207.93	243.48	255.83	319.68	250.56	59.62
Long-Term Deferred Tax Liabilities	320.57	340.36	327.93	341.85	355.19	52.22
Other Long-Term Liabilities	540.85	462.1	76.9	66.29	173.06	34.15
Total Liabilities	54,125	47,470	38,228	41,162	35,601	21,391
Common Stock	2,521	2,508	2,500	2,480	2,452	2,363
Additional Paid-In Capital	3,826	4,213	4,522	4,906	5,063	5,142
Retained Earnings	11,035	10,344	9,584	9,125	7,930	4,307
Comprehensive Income & Other	-748.04	-356.42	-142.51	1,446	719.24	-228.21
Total Common Equity	16,634	16,708	16,464	17,958	16,164	11,584
Minority Interest	510.32	598.43	417.43	414.8	570.69	356.78
Shareholders' Equity	17,144	17,306	16,881	18,373	16,735	11,941
Total Liabilities & Equity	71,269	64,776	55,109	59,534	52,336	33,332
Total Debt	7,002	6,219	5,873	7,341	5,793	1,878
Net Cash (Debt)	3,390	5,461	4,784	5,511	5,675	7,278
Net Cash Growth	58.34%	14.15%	-13.18%	-2.90%	-22.02%	29.33%
Net Cash Per Share	1.35	2.20	1.91	2.21	2.40	3.14
Filing Date Shares Outstanding	2,521	2,508	2,500	2,480	2,452	2,363
Total Common Shares Outstanding	2,521	2,508	2,500	2,480	2,452	2,363
Working Capital	7,599	7,977	7,026	7,911	7,631	6,490
Book Value Per Share	6.60	6.66	6.59	7.24	6.59	4.90
Tangible Book Value	12,170	12,444	12,385	13,690	11,840	9,586
Tangible Book Value Per Share	4.83	4.96	4.95	5.52	4.83	4.06
Land	-	2,170	2,346	2,430	2,389	1,313
Machinery	-	3,106	3,172	3,180	2,712	1,547
Construction In Progress	-	6.72	14.54	235.43	180.44	164.79
Leasehold Improvements	-	510.67	504.24	514	429.24	200.21

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