Golden Solar New Energy Technology Holdings Limited (HKG: 1121)

Golden Solar New Energy Technology 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	80.91	142.64	354.72	135.79	0.63	4.1
Trading Asset Securities	0.1	0.1	-	-	-	-
Cash & Short-Term Investments	81.01	142.74	354.72	135.79	0.63	4.1
Cash Growth	-73.36%	-59.76%	161.22%	21627.04%	-84.76%	-80.55%
Accounts Receivable	110.12	155.32	101.58	88.34	44.45	44.78
Other Receivables	-	35.34	18.06	30.03	3.63	25.63
Receivables	110.12	190.66	119.65	118.37	48.09	70.41
Inventory	104.04	138.18	179.39	110.66	39.13	29.37
Other Current Assets	96.06	51.28	54.29	50.99	14.96	16.62
Total Current Assets	391.23	522.86	708.05	415.81	102.8	120.5
Property, Plant & Equipment	275.81	275.05	137.31	93.88	32.66	76.64
Other Intangible Assets	-	-	-	-	-	77
Long-Term Deferred Charges	0.03	0.04	3.72	0.88	0.15	0.26
Other Long-Term Assets	66.1	66.04	66.25	66.12	60.03	-
Total Assets	733.17	864	915.34	576.69	195.64	274.4
Accounts Payable	43.9	79.59	94.42	88.87	65.71	56.86
Accrued Expenses	-	18.15	24.27	23.58	12.04	9.54
Short-Term Debt	100.2	100.2	91	100.44	130.14	114.2
Current Portion of Leases	24.09	21.42	1.72	2.33	0.13	0.6
Current Income Taxes Payable	0.51	0.4	2.18	1.4	-	0.1
Current Unearned Revenue	17.53	12.14	20.06	4.61	-	-
Other Current Liabilities	38.61	29.44	18.85	47.26	26.89	42.01
Total Current Liabilities	224.85	261.34	252.5	268.47	234.9	223.31
Long-Term Leases	35.07	47.28	0.11	2.14	0.21	0.55
Long-Term Unearned Revenue	7.58	9.19	12.57	16.21	-	-
Long-Term Deferred Tax Liabilities	4.43	5.19	5.36	5.02	5.42	2.56
Total Liabilities	271.93	323	270.54	291.85	240.53	226.42
Common Stock	120.86	120.96	113.8	110.61	99.31	99.31
Additional Paid-In Capital	1,515	1,519	1,462	1,058	735.81	735.81
Retained Earnings	-1,551	-1,396	-1,086	-921.03	-930.44	-834.92
Treasury Stock	-1.48	-4.33	-	-	-	-
Comprensive Income & Other	378.11	300.73	155.12	37.28	50.43	47.78
Shareholders' Equity	461.24	540.99	644.8	284.84	-44.89	47.98
Total Liabilities & Equity	733.17	864	915.34	576.69	195.64	274.4
Total Debt	159.36	168.9	92.83	104.91	130.48	115.35
Net Cash (Debt)	-78.35	-26.16	261.9	30.88	-129.86	-111.25
Net Cash Growth	-	-	748.01%	-	-	-
Net Cash Per Share	-0.04	-0.01	0.15	0.02	-0.09	-0.08
Filing Date Shares Outstanding	1,814	1,814	1,712	1,662	1,487	1,487
Total Common Shares Outstanding	1,814	1,814	1,712	1,662	1,487	1,487
Working Capital	166.38	261.52	455.55	147.34	-132.1	-102.81
Book Value Per Share	0.25	0.30	0.38	0.17	-0.03	0.03
Tangible Book Value	461.24	540.99	644.8	284.84	-44.89	-29.02
Tangible Book Value Per Share	0.25	0.30	0.38	0.17	-0.03	-0.02
Buildings	-	69.39	69.25	45.24	45.24	45.24
Machinery	-	172.29	104.02	75.1	42.19	39.66
Construction In Progress	-	40.36	20.99	21.34	-	20
Leasehold Improvements	-	20.8	17.64	17.17	18.67	18.97

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