Guangzhou R&F Properties Co., Ltd. (HKG: 2777)

Guangzhou R&F Properties 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	1,363	1,727	2,177	6,259	25,673	22,904
Cash & Short-Term Investments	1,363	1,727	2,177	6,259	25,673	22,904
Cash Growth	-23.40%	-20.66%	-65.22%	-75.62%	12.09%	15.78%
Accounts Receivable	3,488	3,773	5,755	6,673	12,158	13,735
Other Receivables	25,003	25,898	30,323	30,843	27,598	44,959
Receivables	28,490	29,670	36,078	37,516	39,756	58,694
Inventory	163,951	180,464	191,788	202,270	229,960	223,682
Prepaid Expenses	4,365	4,306	4,859	4,703	3,600	2,906
Restricted Cash	3,623	4,015	10,124	14,845	14,276	15,532
Other Current Assets	5,711	6,151	6,980	9,603	14,512	-
Total Current Assets	207,502	226,334	252,006	275,196	327,776	323,718
Property, Plant & Equipment	49,947	53,634	55,549	57,844	52,960	45,867
Long-Term Investments	12,248	12,249	13,586	16,068	13,697	12,482
Goodwill	-	40.9	509.43	509.43	499.08	503.75
Other Intangible Assets	546.86	526.93	546.24	615.85	684.3	777.64
Long-Term Deferred Tax Assets	10,294	10,340	12,974	13,366	12,610	10,347
Other Long-Term Assets	31,665	31,743	33,750	34,943	33,958	33,632
Total Assets	312,202	334,868	368,921	398,542	442,185	427,326
Accounts Payable	37,816	37,571	38,705	50,694	48,632	39,201
Short-Term Debt	4,959	5,838	5,363	9,226	10,920	14,117
Current Portion of Long-Term Debt	56,515	47,940	43,868	58,559	55,552	48,153
Current Portion of Leases	21.46	62.6	67	78.93	96.45	68.22
Current Income Taxes Payable	23,738	23,313	20,758	19,978	21,168	19,160
Current Unearned Revenue	21,946	29,096	46,210	50,130	48,003	38,899
Other Current Liabilities	54,423	53,219	52,248	48,495	57,857	44,704
Total Current Liabilities	199,419	197,039	207,219	237,161	242,227	204,303
Long-Term Debt	58,881	80,734	83,776	67,170	97,192	134,871
Long-Term Leases	42.81	316.07	395.69	392.54	452.56	132.01
Long-Term Deferred Tax Liabilities	9,645	10,387	10,590	10,959	10,308	8,221
Total Liabilities	267,988	288,476	301,980	315,684	350,180	347,527
Common Stock	3,752	3,752	3,752	3,752	938.09	873.84
Additional Paid-In Capital	-	6,202	6,200	6,200	9,014	6,883
Retained Earnings	15,957	18,974	39,138	54,875	73,576	68,764
Comprehensive Income & Other	11,814	4,768	5,339	5,361	5,970	836.57
Total Common Equity	31,523	33,696	54,429	70,188	89,498	77,358
Minority Interest	12,691	12,696	12,512	12,671	2,507	2,441
Shareholders' Equity	44,214	46,392	66,941	82,859	92,005	79,799
Total Liabilities & Equity	312,202	334,868	368,921	398,542	442,185	427,326
Total Debt	120,419	134,891	133,469	135,427	164,212	197,341
Net Cash (Debt)	-119,056	-133,164	-131,292	-129,168	-138,540	-174,437
Net Cash Per Share	-31.73	-35.49	-34.99	-34.42	-38.94	-54.11
Filing Date Shares Outstanding	3,752	3,752	3,752	3,752	3,752	3,495
Total Common Shares Outstanding	3,752	3,752	3,752	3,752	3,752	3,495
Working Capital	8,084	29,295	44,787	38,034	85,548	119,415
Book Value Per Share	8.40	8.98	14.51	18.71	23.85	22.13
Tangible Book Value	30,977	33,128	53,373	69,063	88,315	76,077
Tangible Book Value Per Share	8.26	8.83	14.22	18.41	23.54	21.76
Buildings	-	47,923	47,397	48,829	37,196	36,563
Machinery	-	5,734	5,814	4,782	4,151	3,608
Construction In Progress	-	5,875	6,259	6,436	5,399	4,782

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