Harbin Electric Company Limited (HKG: 1133)

Harbin Electric Company 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	Jan 1, 2022	Jan 1, 2021	Jan 1, 2020
Cash & Equivalents	16,337	18,677	17,301	13,602	12,249	10,072
Short-Term Investments	-	2,339	1.28	300.7	598.69	1,980
Trading Asset Securities	-	603.15	202.38	1.59	-	-
Cash & Short-Term Investments	16,337	21,620	17,504	13,904	12,847	12,052
Cash Growth	-11.19%	23.51%	25.89%	8.23%	6.60%	-4.30%
Accounts Receivable	16,962	15,884	17,300	19,298	20,831	19,388
Other Receivables	2,004	1,670	2,613	1,552	1,122	854.71
Receivables	18,967	17,779	20,202	22,160	22,778	21,281
Inventory	13,980	10,977	9,405	9,277	8,246	9,288
Other Current Assets	13,154	10,251	6,412	6,159	4,807	3,105
Total Current Assets	62,438	60,627	53,524	51,501	48,678	45,726
Property, Plant & Equipment	5,782	5,661	6,195	6,163	5,760	6,165
Long-Term Investments	1,884	1,833	1,222	634.4	1,266	1,113
Goodwill	34.52	34.52	23.92	23.92	-	-
Other Intangible Assets	898	1,015	920.27	961.52	968.45	982.04
Long-Term Accounts Receivable	541.87	554.31	398.96	251.45	294.24	1.54
Long-Term Deferred Tax Assets	626.12	625.36	723.81	738.01	538.05	515.64
Long-Term Deferred Charges	157.84	136.98	102.62	113.71	61.19	303.55
Other Long-Term Assets	948.01	810.74	172.97	192.1	370.14	242.01
Total Assets	73,314	71,297	63,284	60,610	57,961	55,083
Accounts Payable	23,806	22,349	20,845	21,134	19,255	17,427
Accrued Expenses	503.76	1,337	1,243	854.17	967.17	853.51
Short-Term Debt	3,446	3,285	4,813	5,375	5,247	5,334
Current Portion of Long-Term Debt	1,111	1,073	376.8	1,189	-	300
Current Portion of Leases	-	1.07	25.26	-	0.43	0.5
Current Income Taxes Payable	360.2	15.29	4.95	23.06	25.5	14.27
Current Unearned Revenue	24,765	23,134	17,430	15,046	12,018	12,252
Other Current Liabilities	1,454	1,675	1,121	831.57	893.49	718.16
Total Current Liabilities	55,446	52,869	45,859	44,452	38,406	36,899
Long-Term Debt	1,044	1,748	2,392	1,033	1,885	565.6
Long-Term Leases	10.38	11.01	88.42	-	-	-
Long-Term Unearned Revenue	165.9	179.97	236.32	264.22	265.82	134.15
Long-Term Deferred Tax Liabilities	6.58	6.58	10.22	-	-	-
Other Long-Term Liabilities	1,348	1,574	1,978	2,280	1,052	1,451
Total Liabilities	58,340	56,709	50,910	48,416	41,761	39,227
Common Stock	2,236	2,236	1,707	1,707	1,707	1,707
Additional Paid-In Capital	5,492	5,461	4,298	4,339	4,341	4,249
Retained Earnings	6,619	6,213	5,587	5,489	9,608	9,613
Comprensive Income & Other	-88.9	-45.32	135.96	34.63	20.82	10.63
Total Common Equity	14,258	13,865	11,728	11,569	15,677	15,580
Minority Interest	716.72	723.09	645.91	625.99	522.84	276.53
Shareholders' Equity	14,975	14,588	12,374	12,195	16,200	15,856
Total Liabilities & Equity	73,314	71,297	63,284	60,610	57,961	55,083
Total Debt	5,611	6,119	7,695	7,597	7,132	6,200
Net Cash (Debt)	10,726	15,501	9,809	6,307	5,715	5,852
Net Cash Growth	-0.87%	58.03%	55.53%	10.36%	-2.33%	-42.75%
Net Cash Per Share	5.10	8.44	5.77	3.70	3.14	3.42
Filing Date Shares Outstanding	2,236	2,236	1,707	1,707	1,707	1,707
Total Common Shares Outstanding	2,236	2,236	1,707	1,707	1,707	1,707
Working Capital	6,992	7,757	7,665	7,049	10,272	8,827
Book Value Per Share	6.38	6.20	6.87	6.78	9.19	9.13
Tangible Book Value	13,325	12,816	10,784	10,583	14,709	14,598
Tangible Book Value Per Share	5.96	5.73	6.32	6.20	8.62	8.55
Buildings	-	5,148	5,642	5,203	5,027	4,922
Machinery	-	8,827	9,989	9,680	9,211	9,112
Construction In Progress	920.77	652.74	209.9	750.21	114.31	247.41

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