Folangsi Co., Ltd. (HKG: 2499)

Folangsi 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	169.36	200.76	120.64	188.16	83.61	151.27
Short-Term Investments	12.51	9.43	8.5	-	-	-
Cash & Short-Term Investments	181.87	210.19	129.14	188.16	83.61	151.27
Cash Growth	-3.34%	62.76%	-31.37%	125.04%	-44.73%	-26.03%
Accounts Receivable	428.45	373.96	294.04	269.61	239.87	219.71
Other Receivables	69.54	80.13	84.27	79.95	64.18	20.37
Receivables	497.99	454.1	378.3	349.56	304.05	240.08
Inventory	133.21	91.01	84.5	69.17	56.62	55.43
Restricted Cash	55.23	73.13	30.85	44.76	31.46	-
Other Current Assets	22.66	18.08	13.26	18.25	24.91	75.88
Total Current Assets	890.96	846.5	636.05	669.91	500.65	522.66
Property, Plant & Equipment	2,484	2,172	1,906	1,786	1,568	1,277
Long-Term Investments	11.34	10.8	10.56	8.87	18.18	18.41
Other Intangible Assets	20.48	7.88	8.68	3.86	3.85	18.33
Long-Term Deferred Tax Assets	5.44	5.76	4.83	4.31	5.18	4.43
Long-Term Deferred Charges	-	-	-	-	-	4.63
Other Long-Term Assets	131.58	104.55	96.51	86.17	78.99	58.98
Total Assets	3,544	3,148	2,662	2,559	2,175	1,904
Accounts Payable	370.72	306.67	262.56	235.45	193.2	152.49
Accrued Expenses	23.45	44.51	28.9	22.53	21.82	19.07
Current Portion of Long-Term Debt	283.69	245.43	174.11	157.41	168.12	16.92
Current Portion of Leases	509.13	402.58	353.91	321.78	343.52	-
Current Income Taxes Payable	0.96	0.78	-	0.76	4.69	3.94
Current Unearned Revenue	16.56	10.49	14.56	8.97	7.24	8.23
Other Current Liabilities	128.58	106.84	69.4	71.7	63.32	390.44
Total Current Liabilities	1,333	1,117	903.44	818.59	801.92	591.1
Long-Term Debt	471.68	453.62	406.97	391.01	239.81	87.54
Long-Term Leases	595.07	481.23	432.19	459.6	422.62	553.79
Long-Term Deferred Tax Liabilities	0.55	0.58	0.65	-	-	-
Other Long-Term Liabilities	24.3	18.26	19.78	25.87	27.19	35.42
Total Liabilities	2,425	2,071	1,763	1,695	1,492	1,268
Common Stock	87.01	87.01	83.97	83.97	80.48	80.48
Additional Paid-In Capital	688.35	688.35	545.27	545.79	423.95	423.95
Retained Earnings	343.09	300.92	269.7	234.3	179.12	131.96
Comprehensive Income & Other	0.54	0.51	0.51	-	-	-
Shareholders' Equity	1,119	1,077	899.46	864.06	683.56	636.39
Total Liabilities & Equity	3,544	3,148	2,662	2,559	2,175	1,904
Total Debt	1,860	1,583	1,367	1,330	1,174	658.25
Net Cash (Debt)	-1,678	-1,373	-1,238	-1,142	-1,090	-506.98
Net Cash Per Share	-4.88	-4.06	-3.69	-3.48	-3.39	-1.57
Filing Date Shares Outstanding	348.02	348.02	335.89	327.75	321.94	321.94
Total Common Shares Outstanding	348.02	348.02	335.89	327.75	321.94	321.94
Working Capital	-442.13	-270.79	-267.38	-148.69	-301.27	-68.43
Book Value Per Share	3.22	3.09	2.68	2.64	2.12	1.98
Tangible Book Value	1,099	1,069	890.78	860.2	679.71	618.06
Tangible Book Value Per Share	3.16	3.07	2.65	2.62	2.11	1.92
Buildings	-	340.41	241.04	130.77	-	-
Machinery	-	1,493	1,267	1,180	1,031	560.38
Construction In Progress	-	4.33	39.94	71.02	103.17	58.4
Leasehold Improvements	-	17.81	14.17	11.81	9.01	-

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