Texhong International Group Limited (HKG:2678)

HKG:2678 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	2,880	2,162	2,468	2,505	2,684
Short-Term Investments	425.7	397	430.1	12.23	-
Cash & Short-Term Investments	3,306	2,559	2,899	2,518	2,684
Cash Growth	29.20%	-11.72%	15.13%	-6.19%	46.58%
Accounts Receivable	1,404	1,571	1,363	2,020	1,736
Other Receivables	431.79	1,547	978.97	627.25	185.12
Receivables	1,836	3,118	2,342	2,647	1,974
Inventory	4,736	5,523	7,831	7,372	3,971
Prepaid Expenses	38.03	34.69	29.83	35.01	52.04
Other Current Assets	355.11	472.62	527.2	477.24	646.43
Total Current Assets	10,271	11,707	13,629	13,049	9,328
Property, Plant & Equipment	9,584	9,867	11,376	10,620	10,386
Long-Term Investments	379.69	394.94	360.04	320.94	290.08
Goodwill	26.97	26.97	26.97	26.97	17.64
Other Intangible Assets	31.12	34.78	38.44	42.1	45.77
Long-Term Deferred Tax Assets	312.43	397.1	305.62	91.98	89.71
Other Long-Term Assets	377.49	382.7	414.89	292	-
Total Assets	20,983	22,811	26,151	24,443	20,157
Accounts Payable	886.39	868.85	4,597	4,576	2,653
Accrued Expenses	562.25	522.33	538.07	666.41	582.7
Short-Term Debt	2,127	2,509	559.04	-	-
Current Portion of Long-Term Debt	3,199	4,146	5,155	3,862	3,962
Current Portion of Leases	48.89	47.04	55.69	31.62	60.52
Current Income Taxes Payable	28.5	222.29	123.88	188.77	69.98
Current Unearned Revenue	232.09	481.18	659.46	361.63	220.14
Other Current Liabilities	275.62	322.05	478.13	403.15	463.64
Total Current Liabilities	7,360	9,118	12,167	10,089	8,011
Long-Term Debt	3,196	3,578	3,388	3,383	3,255
Long-Term Leases	131.11	162.27	258.7	82.63	125.23
Long-Term Deferred Tax Liabilities	155.45	198.09	236.03	286.48	292.66
Total Liabilities	10,845	13,056	16,050	13,842	11,685
Common Stock	96.96	96.96	96.96	96.96	96.71
Additional Paid-In Capital	462.06	462.06	462.06	462.06	433.78
Retained Earnings	8,670	8,193	8,563	9,164	6,951
Comprehensive Income & Other	406.49	396.83	380.06	314.89	381.91
Total Common Equity	9,635	9,149	9,502	10,038	7,863
Minority Interest	502.05	606.28	599.85	562.68	609.47
Shareholders' Equity	10,137	9,755	10,101	10,601	8,473
Total Liabilities & Equity	20,983	22,811	26,151	24,443	20,157
Total Debt	8,703	10,441	9,417	7,359	7,403
Net Cash (Debt)	-5,397	-7,882	-6,518	-4,842	-4,719
Net Cash Per Share	-5.88	-8.59	-7.10	-5.28	-5.16
Filing Date Shares Outstanding	918	918	918	918	915
Total Common Shares Outstanding	918	918	918	918	915
Working Capital	2,911	2,590	1,462	2,959	1,317
Book Value Per Share	10.50	9.97	10.35	10.93	8.59
Tangible Book Value	9,577	9,087	9,436	9,969	7,800
Tangible Book Value Per Share	10.43	9.90	10.28	10.86	8.52
Land	104.72	109.39	188.49	163.96	167.79
Buildings	3,897	3,849	4,303	4,165	4,129
Machinery	9,549	9,466	9,533	8,575	9,244
Construction In Progress	1,138	876.75	1,316	1,510	530.86

Updated Sep 19, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.