Watts International Maritime Company Limited (HKG: 2258)

Watts International Maritime Company 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	271.45	255.75	540.18	443.83	423.7	471.71
Short-Term Investments	-	1.83	-	-	-	-
Trading Asset Securities	-	-	1.3	-	0.05	0.05
Cash & Short-Term Investments	271.45	257.59	541.48	443.83	423.75	471.76
Cash Growth	-30.57%	-52.43%	22.00%	4.74%	-10.18%	-6.82%
Accounts Receivable	1,772	2,007	1,753	1,822	1,937	2,123
Other Receivables	116.48	66.16	56.59	46.68	49.31	66.13
Receivables	1,888	2,073	1,809	1,868	1,986	2,189
Inventory	12.93	11.08	11.99	42.71	68.78	31.98
Prepaid Expenses	1.66	1.7	2.87	1.5	0.6	0.15
Restricted Cash	136.21	161.02	166.28	75.99	114.23	59.02
Other Current Assets	116.4	119.87	118.07	89.36	106.4	70.08
Total Current Assets	2,427	2,624	2,650	2,522	2,700	2,822
Property, Plant & Equipment	73.72	80.4	89.55	100.67	123.09	127.21
Long-Term Investments	4.1	16.65	15.29	6.25	3.79	4.84
Other Intangible Assets	0.04	0.07	0.15	0.29	0.4	0.6
Long-Term Accounts Receivable	449.38	466.2	652.04	686.15	590.93	458.8
Long-Term Deferred Tax Assets	4.62	25.83	21.7	16	10.46	9.75
Other Long-Term Assets	30.23	25.61	12.75	4.48	3.75	1.83
Total Assets	2,989	3,239	3,441	3,336	3,432	3,425
Accounts Payable	1,334	1,546	1,482	1,580	1,703	1,498
Accrued Expenses	141.46	169.27	172.12	171.52	167.46	135.06
Short-Term Debt	-	188.67	226.41	99.89	25	25
Current Portion of Long-Term Debt	306.66	5	5	5	4.5	4.5
Current Portion of Leases	2.56	3.54	1.5	2.12	2.51	1.81
Current Income Taxes Payable	20.78	19.05	25.75	20.38	18.58	13.87
Current Unearned Revenue	59	42.55	138.33	46.3	111.45	14.38
Other Current Liabilities	297.49	304.44	424.18	424.46	451.25	740.24
Total Current Liabilities	2,162	2,278	2,476	2,350	2,483	2,433
Long-Term Debt	7	9.5	14.5	19.5	24.5	29
Long-Term Leases	0.07	0.37	3	2.94	4.09	4.66
Long-Term Deferred Tax Liabilities	-	1.38	1.27	-	-	3.2
Other Long-Term Liabilities	181.88	197.24	215.18	260.13	256.22	301.89
Total Liabilities	2,351	2,487	2,710	2,632	2,768	2,771
Common Stock	7.3	7.3	7.3	7.3	7.3	7.3
Additional Paid-In Capital	265.44	273.07	280.09	291.51	297	313.61
Retained Earnings	351.49	497.29	466.54	439.44	392.38	351.58
Comprensive Income & Other	14.22	-25.57	-22.27	-34.89	-32.96	-18.43
Shareholders' Equity	638.46	752.1	731.67	703.36	663.72	654.06
Total Liabilities & Equity	2,989	3,239	3,441	3,336	3,432	3,425
Total Debt	316.29	207.08	250.41	129.44	60.59	64.97
Net Cash (Debt)	-44.84	50.51	291.06	314.39	363.15	406.79
Net Cash Growth	-	-82.65%	-7.42%	-13.43%	-10.73%	-12.76%
Net Cash Per Share	-0.05	0.06	0.36	0.38	0.44	0.49
Filing Date Shares Outstanding	819.01	825.4	825.4	825.4	825.4	825.4
Total Common Shares Outstanding	819.01	825.4	825.4	825.4	825.4	825.4
Working Capital	265.32	345.82	174.16	172.09	216.11	389.77
Book Value Per Share	0.78	0.91	0.89	0.85	0.80	0.79
Tangible Book Value	638.42	752.03	731.52	703.07	663.32	653.46
Tangible Book Value Per Share	0.78	0.91	0.89	0.85	0.80	0.79
Buildings	-	16.52	16.53	16.53	16.53	7.58
Machinery	-	190.67	185.47	181.22	187.16	212.93
Construction In Progress	-	3.78	2.72	8.45	8.85	-
Leasehold Improvements	-	5.14	4.18	3.92	-	-
Order Backlog	-	3,363	-	-	-	-

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