China Mengniu Dairy Company Limited (HKG: 2319)

China Mengniu Dairy 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	18,437	12,444	12,766	11,217	11,397	6,476
Short-Term Investments	6,446	1,220	5,442	3,292	6,868	16,352
Trading Asset Securities	-	-	-	466.73	226.41	10.81
Cash & Short-Term Investments	24,883	13,664	18,208	14,976	18,492	22,839
Cash Growth	12.30%	-24.96%	21.58%	-19.01%	-19.03%	34.71%
Accounts Receivable	3,438	3,669	3,660	4,160	2,988	3,587
Other Receivables	-	1,395	3,453	2,239	1,364	1,185
Receivables	3,505	12,477	8,550	7,340	5,020	7,655
Inventory	5,716	6,088	8,073	6,485	5,512	5,090
Prepaid Expenses	2,684	1,573	978.87	1,556	1,551	1,521
Other Current Assets	365.85	326.01	966.58	663.25	931.08	381
Total Current Assets	37,154	34,128	36,777	31,020	31,507	37,486
Property, Plant & Equipment	26,027	26,798	26,547	22,097	17,124	15,032
Long-Term Investments	27,187	30,520	29,477	26,858	16,032	12,324
Goodwill	8,906	8,952	8,888	4,858	4,883	4,719
Other Intangible Assets	12,480	12,618	12,374	7,999	7,717	7,583
Long-Term Deferred Tax Assets	1,521	1,434	1,601	1,561	1,277	1,056
Other Long-Term Assets	860.14	409.13	615.7	532.43	831.57	336.07
Total Assets	116,723	115,220	117,813	98,101	80,146	78,537
Accounts Payable	9,166	9,499	10,201	8,804	7,969	6,739
Accrued Expenses	5,472	5,501	5,280	4,476	1,908	1,513
Short-Term Debt	6,366	3,952	4,251	2,965	4,767	10,886
Current Portion of Long-Term Debt	11,389	5,608	4,589	1,110	3.65	2,777
Current Portion of Leases	-	246.94	254.73	190.47	157.19	174.94
Current Income Taxes Payable	391.83	340.85	226.85	221.21	181.01	294.62
Current Unearned Revenue	863.02	2,286	3,125	4,047	3,470	3,350
Other Current Liabilities	4,018	5,159	5,226	7,258	7,687	6,000
Total Current Liabilities	37,667	32,594	33,153	29,072	26,144	31,734
Long-Term Debt	22,631	26,677	29,083	22,433	13,730	9,310
Long-Term Leases	1,176	926.48	931.27	359.8	324.27	324.46
Long-Term Unearned Revenue	644.61	636.19	572.13	477.83	420.01	279.49
Long-Term Deferred Tax Liabilities	3,485	3,730	3,926	2,456	2,280	1,942
Other Long-Term Liabilities	0.86	4.46	95.67	1,303	-	1,600
Total Liabilities	65,605	64,568	67,761	56,102	42,899	45,190
Common Stock	358.14	358.14	359.95	359.77	359.36	358.26
Additional Paid-In Capital	7,256	7,218	9,311	8,387	9,189	9,501
Retained Earnings	39,549	39,027	34,017	28,616	23,590	20,065
Treasury Stock	-	-148.34	-175.7	-	-	-
Comprehensive Income & Other	-2,435	-2,135	-3,414	-536.92	-156.32	-792.12
Total Common Equity	44,728	44,320	40,099	36,826	32,983	29,132
Minority Interest	6,391	6,332	9,953	5,174	4,265	4,215
Shareholders' Equity	51,119	50,652	50,052	41,999	37,248	33,347
Total Liabilities & Equity	116,723	115,220	117,813	98,101	80,146	78,537
Total Debt	41,562	37,411	39,109	27,058	18,983	23,473
Net Cash (Debt)	-16,680	-23,747	-20,901	-12,082	-490.88	-634.2
Net Cash Per Share	-4.23	-6.00	-5.27	-3.05	-0.12	-0.16
Filing Date Shares Outstanding	3,935	3,935	3,955	3,953	3,948	3,935
Total Common Shares Outstanding	3,935	3,935	3,955	3,953	3,948	3,935
Working Capital	-512.87	1,534	3,624	1,948	5,362	5,752
Book Value Per Share	11.37	11.26	10.14	9.32	8.35	7.40
Tangible Book Value	23,343	22,750	18,836	23,969	20,382	16,830
Tangible Book Value Per Share	5.93	5.78	4.76	6.06	5.16	4.28
Land	-	122.42	118.99	103.55	53.11	53.02
Buildings	-	10,257	8,549	7,475	6,298	6,077
Machinery	-	33,592	30,008	25,877	20,376	17,487
Construction In Progress	-	2,349	4,111	2,619	2,729	2,231

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