China Information Technology Development Limited (HKG:8178)

HKG:8178 Balance Sheet

Financials in millions HKD. 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	5.37	11.6	13.88	6.71	7.9
Short-Term Investments	-	-	1.02	5.18	3.44
Trading Asset Securities	0.32	0.56	1.39	17.68	27.12
Cash & Short-Term Investments	5.69	12.15	16.29	29.57	38.46
Cash Growth	-53.17%	-25.38%	-44.92%	-23.12%	-29.68%
Accounts Receivable	18.94	15.58	18.4	14.03	2.8
Other Receivables	34.07	45.91	0.01	-	4.61
Receivables	53.01	61.49	111.51	61.94	75.21
Inventory	0.25	0.12	0.06	1.28	0.39
Prepaid Expenses	-	-	8.28	0.4	0.15
Other Current Assets	1.81	1.18	-	-	-
Total Current Assets	60.76	74.95	136.13	93.19	114.21
Property, Plant & Equipment	2.07	3.99	6.07	3.95	7.55
Long-Term Investments	21.59	10.9	43.03	42.86	50.85
Goodwill	19.56	6.5	6.5	6.5	3.87
Other Intangible Assets	1.69	2.56	3.86	4.73	5.14
Long-Term Deferred Tax Assets	5.62	5.52	5.46	4.08	3.95
Other Long-Term Assets	216.62	245.46	267.73	274.55	318.11
Total Assets	327.9	349.88	468.78	487.86	560.07
Accounts Payable	2.99	3.46	10.3	6.4	4.28
Accrued Expenses	6.19	7.16	5.77	5.08	6.81
Short-Term Debt	35.65	43.5	120.32	12.79	30.21
Current Portion of Leases	1.37	2.22	2.23	1.43	2.75
Current Income Taxes Payable	-	-	-	0.1	0.09
Current Unearned Revenue	2.18	1.57	10.75	4.34	1.32
Other Current Liabilities	8.94	8.67	7.75	22.98	11.08
Total Current Liabilities	57.31	66.56	157.12	53.11	56.52
Long-Term Debt	25.09	21.54	17.34	76.02	77.6
Long-Term Leases	0.19	0.81	2.69	0.03	1.01
Long-Term Unearned Revenue	0.18	-	10.55	-	-
Long-Term Deferred Tax Liabilities	0.13	0.04	4.9	4.44	9.36
Total Liabilities	82.9	88.94	192.59	133.6	144.48
Common Stock	7.33	6.18	5.15	3.43	574.42
Additional Paid-In Capital	192.71	178.46	158.19	135.04	108.29
Retained Earnings	53.38	97.81	106.92	189.22	-292.58
Comprehensive Income & Other	2.12	-11.69	13.77	31.17	29.68
Total Common Equity	255.53	270.76	284.02	358.86	419.81
Minority Interest	-10.53	-9.82	-7.83	-4.6	-4.23
Shareholders' Equity	245	260.94	276.19	354.26	415.59
Total Liabilities & Equity	327.9	349.88	468.78	487.86	560.07
Total Debt	62.29	68.06	142.58	90.27	111.57
Net Cash (Debt)	-56.6	-55.91	-126.3	-60.71	-73.11
Net Cash Per Share	-0.84	-0.95	-2.62	-2.12	-3.06
Filing Date Shares Outstanding	73.27	61.77	51.47	34.31	23.93
Total Common Shares Outstanding	73.27	61.77	51.47	34.31	23.93
Working Capital	3.45	8.39	-20.99	40.08	57.69
Book Value Per Share	3.49	4.38	5.52	10.46	17.54
Tangible Book Value	234.29	261.7	273.66	347.63	410.81
Tangible Book Value Per Share	3.20	4.24	5.32	10.13	17.16
Machinery	5.1	5.95	6.42	6.47	6.33
Leasehold Improvements	2.29	2.29	2.36	2.36	2.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.