Kinetic Development Group Limited (HKG: 1277)

Kinetic Development Group 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	345.44	734.14	551.87	2,387	877.75	497.19
Trading Asset Securities	269.04	220.59	190.9	269.38	465.79	-
Cash & Short-Term Investments	614.48	954.74	742.77	2,657	1,344	497.19
Cash Growth	10.87%	28.54%	-72.04%	97.73%	170.22%	80.24%
Accounts Receivable	17.78	6.74	5.23	4.77	4.15	22.54
Other Receivables	6.16	6.06	74.45	131.8	42.3	68.97
Receivables	89.69	178.14	142.28	243.58	96.45	91.51
Inventory	1,566	115.27	110.21	63.44	73.03	83.22
Restricted Cash	-	-	-	-	-	267.07
Other Current Assets	299.2	909.04	616.95	255.37	195.03	40.96
Total Current Assets	2,569	2,157	1,612	3,219	1,708	979.95
Property, Plant & Equipment	3,037	2,572	1,833	1,273	1,239	1,293
Long-Term Investments	91.85	79.83	104.09	84.35	86.15	83.84
Goodwill	250.67	250.67	-	8.03	-	-
Other Intangible Assets	3,217	3,234	3,211	537.82	568.63	594.62
Long-Term Deferred Tax Assets	74.13	26.73	42.58	23.35	2.58	6.64
Other Long-Term Assets	2,368	2,552	2,594	896.56	11.15	-
Total Assets	11,789	10,938	9,493	6,042	3,673	3,106
Accounts Payable	134.44	58.74	-	45.92	42.62	137.85
Accrued Expenses	182.88	170.96	264.3	192.04	84.08	14.46
Short-Term Debt	243.84	400	-	275.7	210.41	223.95
Current Portion of Long-Term Debt	524.16	633	300	-	-	133.71
Current Portion of Leases	1.66	1.9	15.9	-	-	-
Current Income Taxes Payable	378.09	402.09	784.33	667.46	241.06	82.94
Current Unearned Revenue	817.31	68.35	196.28	118.56	139.22	35.33
Other Current Liabilities	750.5	837.05	254.61	91.6	137.25	167.82
Total Current Liabilities	3,033	2,572	1,815	1,391	854.65	796.05
Long-Term Debt	214.25	269.8	583	-	-	-
Long-Term Leases	6.81	6.99	79.54	2.27	-	-
Long-Term Deferred Tax Liabilities	54.31	41.84	52.87	44.8	28.38	-
Other Long-Term Liabilities	620.31	627.01	645.03	31.83	29.9	50.86
Total Liabilities	3,929	3,518	3,176	1,470	912.93	846.91
Common Stock	54.29	54.29	54.29	54.29	54.29	54.29
Additional Paid-In Capital	-	483.91	483.91	483.91	483.91	483.91
Retained Earnings	-	6,645	5,650	3,885	2,077	1,602
Comprehensive Income & Other	7,763	184.23	140.76	153.1	144.09	118.63
Total Common Equity	7,818	7,368	6,329	4,576	2,760	2,259
Minority Interest	42.55	52.35	-12	-3.79	-	-
Shareholders' Equity	7,860	7,420	6,317	4,572	2,760	2,259
Total Liabilities & Equity	11,789	10,938	9,493	6,042	3,673	3,106
Total Debt	990.73	1,312	978.44	277.96	210.41	357.65
Net Cash (Debt)	-376.25	-356.95	-235.68	2,379	1,133	139.54
Net Cash Growth	-	-	-	109.92%	712.04%	-
Net Cash Per Share	-0.04	-0.04	-0.03	0.28	0.13	0.02
Filing Date Shares Outstanding	8,430	8,430	8,430	8,430	8,430	8,430
Total Common Shares Outstanding	8,430	8,430	8,430	8,430	8,430	8,430
Working Capital	-463.65	-414.89	-203.21	1,828	853.39	183.91
Book Value Per Share	0.93	0.87	0.75	0.54	0.33	0.27
Tangible Book Value	4,350	3,884	3,118	4,030	2,191	1,664
Tangible Book Value Per Share	0.52	0.46	0.37	0.48	0.26	0.20
Buildings	-	720.67	469.6	444.04	438.5	426.64
Machinery	-	1,161	995.53	979.4	941.38	921.4
Construction In Progress	-	963.86	566.12	62.96	-	1.69

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