Grand Baoxin Auto Group Limited (HKG:1293)

Grand Baoxin Auto 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	164.46	189.71	507.03	1,703	1,972	1,713
Trading Asset Securities	188.21	134.57	89.36	-	-	-
Cash & Short-Term Investments	352.67	324.28	596.39	1,703	1,972	1,713
Cash Growth	-34.06%	-45.63%	-64.98%	-13.62%	15.12%	-34.34%
Accounts Receivable	941.93	928.94	625.17	541.92	592.77	825.01
Other Receivables	49.77	7,523	6,479	7,361	7,627	7,632
Receivables	991.7	8,454	7,106	7,904	8,223	8,470
Inventory	2,355	3,578	3,223	2,783	3,935	3,504
Prepaid Expenses	-	-	0.36	11.43	20.16	15.38
Other Current Assets	9,603	2,748	5,700	6,982	5,472	5,936
Total Current Assets	13,302	15,104	16,626	19,383	19,622	19,637
Property, Plant & Equipment	4,392	4,565	5,004	5,122	5,273	5,381
Long-Term Investments	215.49	220.7	229.85	252.69	225.96	228.08
Goodwill	1,143	1,143	1,222	1,222	1,222	1,222
Other Intangible Assets	1,158	1,188	1,292	1,353	1,406	1,465
Long-Term Accounts Receivable	88.26	89.3	69.17	79.61	60.18	110.67
Long-Term Deferred Tax Assets	316.26	352.95	291.5	225.68	302.35	243.69
Other Long-Term Assets	484.91	430.25	445.33	457.05	449.98	489.78
Total Assets	21,100	23,093	25,179	28,095	28,561	28,778
Accounts Payable	3,328	4,176	6,382	6,849	6,986	7,476
Accrued Expenses	-	131.03	164.82	185.64	152.63	222.83
Short-Term Debt	639.98	705.66	895.39	1,057	1,252	29
Current Portion of Long-Term Debt	4,264	4,814	4,519	4,635	4,105	7,659
Current Portion of Leases	122.85	90.79	159	126.2	184.18	243.47
Current Income Taxes Payable	611.01	646.31	595.34	653.71	640.62	631.96
Current Unearned Revenue	-	630.56	637.67	786.42	976.58	912.79
Other Current Liabilities	844.82	246.98	251.89	145.79	202.9	214.06
Total Current Liabilities	9,810	11,441	13,605	14,438	14,500	17,389
Long-Term Debt	2,356	2,541	2,309	3,326	4,349	1,967
Long-Term Leases	891.34	946.95	1,123	1,179	1,210	1,210
Long-Term Deferred Tax Liabilities	397.09	428.06	458.4	467.03	479.68	500.58
Other Long-Term Liabilities	0.34	0.33	9.65	9.68	9.61	13.7
Total Liabilities	13,455	15,358	17,505	19,420	20,549	21,081
Common Stock	23.28	23.28	23.28	23.28	23.28	23.28
Additional Paid-In Capital	2,373	2,373	2,373	2,373	2,373	2,373
Retained Earnings	5,962	6,025	5,899	6,597	6,042	5,828
Comprehensive Income & Other	-686.6	-659.95	-607.04	-306.62	-435.44	-554.67
Total Common Equity	7,671	7,761	7,688	8,686	8,003	7,670
Minority Interest	-26.23	-25.69	-14.03	-11.53	9.01	27.6
Shareholders' Equity	7,645	7,735	7,674	8,675	8,012	7,697
Total Liabilities & Equity	21,100	23,093	25,179	28,095	28,561	28,778
Total Debt	8,274	9,099	9,006	10,323	11,101	11,109
Net Cash (Debt)	-7,922	-8,775	-8,409	-8,620	-9,130	-9,396
Net Cash Per Share	-2.79	-3.09	-2.96	-3.04	-3.22	-3.31
Filing Date Shares Outstanding	2,838	2,838	2,838	2,838	2,838	2,838
Total Common Shares Outstanding	2,838	2,838	2,838	2,838	2,838	2,838
Working Capital	3,492	3,663	3,021	4,945	5,121	2,248
Book Value Per Share	2.70	2.74	2.71	3.06	2.82	2.70
Tangible Book Value	5,370	5,430	5,174	6,112	5,375	4,982
Tangible Book Value Per Share	1.89	1.91	1.82	2.15	1.89	1.76
Buildings	-	3,085	3,145	3,120	3,148	3,169
Machinery	-	1,420	1,410	1,360	1,172	1,131
Construction In Progress	-	36.48	26.42	48.36	26.68	24.67
Leasehold Improvements	-	1,168	1,172	1,088	1,039	976.75

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.