West China Cement Limited (HKG: 2233)

West China Cement 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	1,014	922.66	1,424	3,508	651.46	779.56
Short-Term Investments	-	-	-	81.86	100	90
Cash & Short-Term Investments	1,014	922.66	1,424	3,590	751.46	869.56
Cash Growth	-19.24%	-35.22%	-60.32%	377.68%	-13.58%	-1.86%
Accounts Receivable	1,600	1,398	1,519	1,481	1,256	629.82
Other Receivables	1,624	1,478	1,200	831.55	414.3	271.59
Receivables	3,723	3,118	3,044	3,318	2,886	1,957
Inventory	2,537	2,343	1,489	1,111	731.43	665.53
Other Current Assets	2,107	1,427	893.11	816.52	801.9	411.26
Total Current Assets	9,381	7,810	6,850	8,835	5,170	3,903
Property, Plant & Equipment	25,038	23,372	20,551	15,826	12,344	8,805
Long-Term Investments	49.04	45.13	730.82	171.99	159.5	262.12
Goodwill	-	368.24	480.87	193.36	193.36	193.36
Other Intangible Assets	442.37	62.46	62.7	38.84	14.83	5.88
Long-Term Deferred Tax Assets	150.56	165.98	190.64	92.46	42.67	36.56
Other Long-Term Assets	775.92	683.15	971.56	956.65	457.27	649.8
Total Assets	35,954	32,903	30,239	26,648	18,906	14,580
Accounts Payable	6,022	2,279	2,079	1,984	1,837	1,248
Accrued Expenses	-	261.6	258.14	287.6	200.05	310.17
Current Portion of Long-Term Debt	3,976	3,633	3,871	3,250	1,879	1,126
Current Income Taxes Payable	121.82	195.44	181.01	108.88	63.7	121.01
Current Unearned Revenue	1,080	726.56	457.21	578.92	273.56	237.57
Other Current Liabilities	256.09	2,714	2,628	1,526	692.74	166.01
Total Current Liabilities	11,456	9,810	9,475	7,735	4,946	3,209
Long-Term Debt	8,914	8,137	6,549	6,674	2,972	1,711
Long-Term Unearned Revenue	18.8	20.8	28.25	27.77	35.3	34.21
Long-Term Deferred Tax Liabilities	409.3	409.58	459.46	83.78	78.7	63.72
Other Long-Term Liabilities	363.16	358.18	335.69	337.04	347.41	336.4
Total Liabilities	21,161	18,735	16,848	14,857	8,379	5,354
Common Stock	142.11	141.84	141.84	141.84	141.84	141.77
Additional Paid-In Capital	882.08	989.62	1,354	1,827	2,484	2,818
Retained Earnings	11,554	11,161	10,735	9,521	7,934	6,374
Comprehensive Income & Other	137.68	-9.39	-199.86	-176.1	-229.75	-280.52
Total Common Equity	12,716	12,283	12,031	11,314	10,331	9,053
Minority Interest	2,077	1,885	1,360	478.08	196.42	172.73
Shareholders' Equity	14,792	14,168	13,392	11,792	10,527	9,226
Total Liabilities & Equity	35,954	32,903	30,239	26,648	18,906	14,580
Total Debt	12,890	11,769	10,420	9,923	4,851	2,837
Net Cash (Debt)	-11,876	-10,847	-8,996	-6,334	-4,099	-1,967
Net Cash Per Share	-2.18	-1.99	-1.65	-1.16	-0.75	-0.36
Filing Date Shares Outstanding	5,454	5,439	5,439	5,439	5,439	5,435
Total Common Shares Outstanding	5,454	5,439	5,439	5,439	5,439	5,435
Working Capital	-2,075	-2,000	-2,625	1,100	224.61	694.06
Book Value Per Share	2.33	2.26	2.21	2.08	1.90	1.67
Tangible Book Value	12,273	11,853	11,488	11,081	10,123	8,854
Tangible Book Value Per Share	2.25	2.18	2.11	2.04	1.86	1.63
Buildings	-	8,592	7,872	6,880	4,256	3,975
Machinery	-	13,544	12,562	11,385	7,946	7,318
Construction In Progress	-	6,459	4,503	1,486	4,064	1,021

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