China Titans Energy Technology Group Co., Limited (HKG:2188)

HKG:2188 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	133.86	219.77	84.71	35.99	45.3
Short-Term Investments	16.23	16.22	14.73	62.96	47.55
Trading Asset Securities	-	-	-	0.5	-
Cash & Short-Term Investments	150.1	235.99	99.45	99.44	92.86
Cash Growth	-36.40%	137.31%	0.00%	7.09%	-26.71%
Accounts Receivable	415.85	349.89	332.46	316.7	282.73
Other Receivables	10.48	19.78	19.58	19.42	15.42
Receivables	426.33	369.67	353.44	340.12	303.18
Inventory	165.58	215.09	194.88	153.19	133.07
Restricted Cash	56.87	32.98	12.97	18.26	19.22
Other Current Assets	-	-	-	-	0.75
Total Current Assets	798.87	853.74	660.74	611.01	549.08
Property, Plant & Equipment	163.84	164.78	168.41	170.84	183.74
Long-Term Investments	26.92	30.13	45.78	47.03	50.91
Other Intangible Assets	8.68	13.5	19.82	26.13	32.45
Long-Term Accounts Receivable	-	-	-	0.19	0.35
Long-Term Deferred Tax Assets	22.38	16.7	12.21	9.93	9.91
Total Assets	1,021	1,079	906.96	866.43	826.44
Accounts Payable	155.77	215.51	196.99	127	117.61
Accrued Expenses	7.54	7.53	10.01	7.79	7.33
Current Portion of Long-Term Debt	155.8	105.44	111.2	115.99	113.22
Current Portion of Leases	1.96	1.88	-	-	0.06
Current Income Taxes Payable	0.1	0.13	0.98	1.59	-
Current Unearned Revenue	63.86	62.91	16.9	28.4	13.31
Other Current Liabilities	1.38	1.46	1.79	1.38	3.19
Total Current Liabilities	386.4	394.86	337.87	282.16	254.71
Long-Term Debt	53.97	51.11	53.38	47.78	55.62
Long-Term Leases	-	1.96	-	-	-
Long-Term Deferred Tax Liabilities	11.32	12.28	13.12	13.57	11.22
Total Liabilities	451.69	460.21	404.36	343.51	321.55
Common Stock	13.09	13.09	8.09	8.09	8.09
Additional Paid-In Capital	490.33	490.33	325.14	325.14	325.14
Retained Earnings	66.39	109.28	153.24	171.43	152.83
Comprehensive Income & Other	-9.54	-3.3	4.59	6.34	6.64
Total Common Equity	560.27	609.41	491.05	510.99	492.7
Minority Interest	8.74	9.23	11.55	11.93	12.19
Shareholders' Equity	569.01	618.64	502.6	522.92	504.89
Total Liabilities & Equity	1,021	1,079	906.96	866.43	826.44
Total Debt	211.73	160.4	164.58	163.78	168.89
Net Cash (Debt)	-61.64	75.6	-65.14	-64.33	-76.04
Net Cash Per Share	-0.04	0.06	-0.07	-0.07	-0.08
Filing Date Shares Outstanding	1,492	1,492	925.06	925.06	925.06
Total Common Shares Outstanding	1,492	1,492	925.06	925.06	925.06
Working Capital	412.47	458.88	322.88	328.85	294.38
Book Value Per Share	0.38	0.41	0.53	0.55	0.53
Tangible Book Value	551.59	595.91	471.23	484.86	460.25
Tangible Book Value Per Share	0.37	0.40	0.51	0.52	0.50
Land	158.23	173.24	173.24	171	171
Machinery	86.45	80.02	75.88	75.13	77.41
Construction In Progress	9.78	2.41	2.19	-	-
Leasehold Improvements	14.73	14.41	14.41	14.41	14.41

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.