CGN New Energy Holdings Co., Ltd. (HKG: 1811)

CGN New Energy Holdings Balance Sheet

Financials in millions USD. 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	121.93	287.5	440.65	375	398.85	384.14
Short-Term Investments	-	14.17	14.36	3.14	-	2.59
Accounts Receivable	1,273	1,134	1,094	931.21	576.91	327.3
Other Receivables	162.31	175.75	117.48	129.68	98.39	89.83
Inventory	46.59	44.65	66.33	54.21	24.45	28.58
Other Current Assets	64.14	111.74	160.57	166.18	136.36	162.72
Total Current Assets	1,668	1,768	1,893	1,659	1,235	995.16
Property, Plant & Equipment	6,141	6,015	5,918	6,356	4,834	3,578
Goodwill	140.31	143.35	154.6	168.8	169.24	167.24
Long-Term Investments	83.47	79.28	77.68	154.48	206.08	190.61
Long-Term Deferred Tax Assets	24.08	27	24.76	23.32	21.79	21.13
Long-Term Accounts Receivable	-	-	-	-	-	80.03
Other Long-Term Assets	344.7	317.2	276.35	372.31	510.51	347.49
Total Assets	8,402	8,350	8,344	8,734	6,977	5,379
Accounts Payable	96.79	108.67	223.03	129.51	70.7	242.77
Accrued Expenses	-	-	-	-	27.17	33.33
Short-Term Debt	895.12	817.32	651.95	1,162	521.27	372.7
Current Portion of Long-Term Debt	492.6	494.64	957.39	763.5	1,017	576.21
Current Unearned Revenue	3.63	4.15	4.76	4.93	2.92	2.79
Current Portion of Leases	6.07	6.21	4.86	6.9	3.9	5.44
Current Income Taxes Payable	26.32	24.06	30.39	12.3	9.08	9.6
Other Current Liabilities	501.71	547.58	595.06	725.54	387.03	316.55
Total Current Liabilities	2,022	2,003	2,467	2,805	2,039	1,559
Long-Term Debt	4,493	4,548	4,285	4,340	3,545	2,722
Long-Term Leases	43.84	45.4	32.38	28.65	27.02	24.9
Long-Term Unearned Revenue	6.28	6.7	7.52	9.35	9.55	9.03
Pension & Post-Retirement Benefits	0.13	-	-	1.68	2.79	-
Long-Term Deferred Tax Liabilities	46	52.2	48.79	49.7	53.91	53.72
Other Long-Term Liabilities	7.07	7.15	3.41	3.84	1.09	1
Total Liabilities	6,619	6,662	6,844	7,239	5,679	4,370
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	250.41	250.41	250.41	250.41	250.41	250.41
Retained Earnings	1,503	1,387	1,178	1,026	859.24	708.07
Comprehensive Income & Other	-133.65	-93	-66.16	97.25	103.45	-28.42
Total Common Equity	1,620	1,545	1,362	1,374	1,213	930.12
Minority Interest	163.02	143.97	137.33	121.52	84.23	79.33
Shareholders' Equity	1,783	1,689	1,500	1,495	1,297	1,009
Total Liabilities & Equity	8,402	8,350	8,344	8,734	6,977	5,379
Total Debt	5,931	5,911	5,931	6,302	5,115	3,701
Net Cash (Debt)	-5,809	-5,609	-5,476	-5,924	-4,716	-3,314
Net Cash Per Share	-1.35	-1.31	-1.28	-1.38	-1.10	-0.77
Filing Date Shares Outstanding	4,291	4,291	4,291	4,291	4,291	4,291
Total Common Shares Outstanding	4,291	4,291	4,291	4,291	4,291	4,291
Working Capital	-353.81	-234.65	-574.54	-1,146	-804.48	-564.23
Book Value Per Share	0.38	0.36	0.32	0.32	0.28	0.22
Tangible Book Value	1,480	1,401	1,208	1,205	1,044	762.88
Tangible Book Value Per Share	0.34	0.33	0.28	0.28	0.24	0.18
Land	-	62.87	64.04	67.88	77.59	72.68
Buildings	-	1,035	989.24	1,092	881.26	665.42
Machinery	-	28.43	24.84	25.11	26.81	19.96
Construction In Progress	-	519.31	179.05	1,023	1,450	1,016

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