Tianqi Lithium Corporation (HKG: 9696)

Tianqi Lithium 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	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	6,276	9,589	12,461	1,987	994.15	4,439
Trading Asset Securities	471.77	14.82	-	4.1	-	47.86
Cash & Short-Term Investments	6,747	9,603	12,461	1,991	994.15	4,487
Cash Growth	-16.95%	-22.93%	525.81%	100.29%	-77.84%	129.28%
Accounts Receivable	2,429	4,463	10,489	3,111	806.85	796.61
Other Receivables	46.83	481.72	605.03	422.68	161.2	188.24
Receivables	2,476	4,944	11,094	3,533	968.05	984.85
Inventory	2,583	3,151	2,144	871.76	851.04	917.05
Other Current Assets	1,825	1,931	291.3	74.18	41.14	54.26
Total Current Assets	13,632	19,629	25,990	6,470	2,854	6,443
Property, Plant & Equipment	20,295	17,637	12,083	10,683	11,016	10,522
Long-Term Investments	27,967	28,457	27,535	23,287	23,516	25,203
Goodwill	416.1	416.1	416.1	416.1	416.1	416.1
Other Intangible Assets	4,538	3,840	3,579	3,096	3,273	3,116
Long-Term Deferred Tax Assets	3,321	3,171	1,162	115.57	815.15	524.98
Long-Term Deferred Charges	14.1	16.21	3.86	4.52	3.45	4.32
Other Long-Term Assets	172.44	62	76.76	92.88	141.34	367.35
Total Assets	70,355	73,228	70,846	44,165	42,036	46,597
Accounts Payable	1,733	2,520	2,711	1,033	1,023	1,772
Accrued Expenses	158.03	235.39	643.46	282.5	105.83	84.66
Short-Term Debt	1,431	337.37	98.92	3,347	3,410	3,191
Current Portion of Long-Term Debt	715.15	598.89	28.41	7,589	20,958	16,397
Current Portion of Leases	-	153.86	46.04	48.94	-	6.15
Current Income Taxes Payable	361.89	2,361	3,472	686.87	230.31	541.1
Current Unearned Revenue	32.78	37.45	351.23	164.48	158.07	-
Other Current Liabilities	431.48	415.44	203.14	608.08	927.81	344.98
Total Current Liabilities	4,864	6,660	7,555	13,760	26,813	22,337
Long-Term Debt	11,428	9,545	8,263	10,628	6,329	14,326
Long-Term Leases	1,117	1,122	268.24	200.44	5.55	38.4
Long-Term Unearned Revenue	108.85	56.34	59.45	72.57	73.98	75.25
Long-Term Deferred Tax Liabilities	1,714	1,227	1,330	978.52	944.01	555.15
Other Long-Term Liabilities	715.96	323.98	259.91	340.5	408.62	326.94
Total Liabilities	20,002	18,992	17,779	26,014	34,603	37,687
Common Stock	1,641	1,641	1,641	1,477	1,477	1,477
Additional Paid-In Capital	-	23,737	23,297	12,289	6,769	6,771
Retained Earnings	18,328	26,245	23,870	-255.21	-2,330	-495.88
Treasury Stock	-199.99	-199.99	-199.99	-	-	-
Comprehensive Income & Other	23,739	96.75	-113.43	-749.14	-710.6	-789.01
Total Common Equity	43,508	51,520	48,494	12,761	5,206	6,963
Minority Interest	6,845	2,717	4,574	5,390	2,226	1,946
Shareholders' Equity	50,354	54,237	53,068	18,152	7,433	8,909
Total Liabilities & Equity	70,355	73,228	70,846	44,165	42,036	46,597
Total Debt	14,691	11,757	8,705	21,814	30,702	33,959
Net Cash (Debt)	-7,944	-2,154	3,756	-19,822	-29,708	-29,472
Net Cash Per Share	-4.85	-1.31	2.42	-13.44	-20.09	-25.81
Filing Date Shares Outstanding	1,639	1,639	1,639	1,477	1,477	1,477
Total Common Shares Outstanding	1,639	1,639	1,639	1,477	1,477	1,477
Working Capital	8,768	12,969	18,435	-7,290	-23,958	-15,894
Book Value Per Share	26.54	31.43	29.58	8.64	3.52	4.71
Tangible Book Value	38,554	47,264	44,499	9,250	1,517	3,431
Tangible Book Value Per Share	23.52	28.83	27.14	6.26	1.03	2.32
Land	-	75.65	66.07	62.99	17.5	17.5
Buildings	-	4,510	3,331	1,902	2,195	2,128
Machinery	-	7,283	6,915	3,797	3,492	3,279
Construction In Progress	-	7,287	3,669	6,403	6,811	6,338

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