Ganfeng Lithium Group Co., Ltd. (HKG:1772)

Ganfeng Lithium Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	9,935	5,945	9,484	9,914	6,332	2,176
Short-Term Investments	582.38	620.23	1,336	484.83	950	1,805
Trading Asset Securities	176.99	15.49	62.98	215.99	281.36	87.12
Cash & Short-Term Investments	10,694	6,581	10,883	10,615	7,564	4,067
Cash Growth	17.83%	-39.53%	2.53%	40.34%	85.96%	126.02%
Accounts Receivable	4,746	4,827	6,714	9,903	3,322	1,768
Other Receivables	807.48	235	63.91	316.43	85.46	64.5
Receivables	5,554	5,062	6,778	10,220	3,407	1,832
Inventory	10,348	8,613	8,264	10,111	3,283	2,215
Other Current Assets	1,908	1,747	2,259	1,020	372.43	660.12
Total Current Assets	28,504	22,003	28,184	31,966	14,627	8,775
Property, Plant & Equipment	38,264	35,947	23,727	14,448	8,862	6,062
Long-Term Investments	14,958	17,500	19,313	15,980	7,751	2,516
Goodwill	182.01	182.01	17.62	17.62	17.62	-
Other Intangible Assets	21,477	21,539	17,957	14,300	5,090	3,562
Long-Term Deferred Tax Assets	1,225	1,163	820.51	653.24	698.47	40.36
Long-Term Deferred Charges	650.27	462.45	110.38	89.54	94.69	93.79
Other Long-Term Assets	780.66	563.35	466.31	1,195	1,629	196.09
Total Assets	107,590	100,832	91,698	79,160	39,057	22,020
Accounts Payable	13,646	12,197	8,932	9,988	2,531	1,043
Accrued Expenses	486.1	617.37	616.01	1,531	540.92	127.71
Short-Term Debt	12,940	9,818	6,529	2,109	1,970	1,631
Current Portion of Long-Term Debt	8,341	6,924	3,058	1,504	740.58	662.52
Current Portion of Leases	32.97	34.39	17.73	17.9	11.18	7.17
Current Income Taxes Payable	133.95	138.02	448.97	2,563	896.84	99.07
Current Unearned Revenue	362.11	174.29	282.31	492.65	150.5	41.03
Other Current Liabilities	2,081	1,766	386.96	449.95	1,368	465.7
Total Current Liabilities	38,024	31,670	20,271	18,655	8,209	4,078
Long-Term Debt	22,447	18,944	17,940	11,059	4,478	4,334
Long-Term Leases	57.47	66.11	12.56	26.2	19.89	24.4
Long-Term Unearned Revenue	725.61	700.27	534.07	275.21	93.74	64.36
Long-Term Deferred Tax Liabilities	1,069	1,243	482.88	133.78	42.35	63.84
Other Long-Term Liabilities	672.56	620.93	141.35	144.6	47.23	38.03
Total Liabilities	62,995	53,244	39,382	30,294	12,890	8,602
Common Stock	2,017	2,017	2,017	2,017	1,437	1,340
Additional Paid-In Capital	-	10,349	12,131	12,382	11,954	4,843
Retained Earnings	27,487	28,321	32,004	29,074	9,003	4,191
Treasury Stock	-525.53	-560.84	-350.14	-133.15	-	-
Comprehensive Income & Other	11,242	1,657	1,232	702.55	-501.09	331.47
Total Common Equity	40,221	41,782	47,034	44,043	21,894	10,706
Minority Interest	4,374	5,806	5,282	4,823	4,273	2,713
Shareholders' Equity	44,595	47,588	52,316	48,866	26,167	13,418
Total Liabilities & Equity	107,590	100,832	91,698	79,160	39,057	22,020
Total Debt	43,818	35,787	27,557	14,716	7,219	6,659
Net Cash (Debt)	-33,124	-29,206	-16,674	-4,101	344.57	-2,592
Net Cash Per Share	-16.59	-14.50	-8.29	-2.03	0.18	-1.42
Filing Date Shares Outstanding	1,958	2,051	2,010	2,015	2,012	1,876
Total Common Shares Outstanding	1,958	2,051	2,010	2,015	2,012	1,876
Working Capital	-9,520	-9,667	7,913	13,311	6,418	4,697
Book Value Per Share	20.54	20.37	23.41	21.86	10.88	5.71
Tangible Book Value	18,562	20,061	29,060	29,726	16,786	7,144
Tangible Book Value Per Share	9.48	9.78	14.46	14.75	8.34	3.81
Buildings	12,856	10,404	7,993	1,279	912.39	741.23
Machinery	10,832	9,453	6,694	5,166	3,321	2,431
Construction In Progress	18,639	19,352	11,298	9,548	5,795	3,761

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.