Adicon Holdings Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	767.96	959.42	1,681	1,109	1,229
Trading Asset Securities	-	50.84	-	-	-
Cash & Short-Term Investments	767.96	1,010	1,681	1,109	1,229
Cash Growth	-54.89%	-39.89%	51.52%	-9.72%	-
Receivables	1,677	1,515	1,857	1,214	942.24
Inventory	130.87	176.59	229.41	109.4	102.93
Other Current Assets	570.86	601.08	127.86	105.72	61.12
Total Current Assets	3,147	3,303	3,895	2,538	2,335
Property, Plant & Equipment	581.72	598.38	594.28	439.52	324.04
Long-Term Investments	-	1.54	8.1	-	-
Goodwill	79.8	79.8	79.8	25.69	-
Other Intangible Assets	146.73	151.42	143.71	20.5	3.01
Long-Term Accounts Receivable	1.81	2.47	2.12	1.82	1.85
Long-Term Deferred Tax Assets	106.97	103.97	118.4	74.56	51.98
Other Long-Term Assets	596.11	312.58	12.84	9.65	7.75
Total Assets	4,660	4,554	4,854	3,110	2,724
Accounts Payable	706.03	743.97	1,124	546.86	439.21
Accrued Expenses	333.3	455.06	610.51	430.73	288.34
Short-Term Debt	-	86.09	69.68	42	116
Current Portion of Long-Term Debt	178.47	9.78	43.11	7.14	4.18
Current Portion of Leases	55.64	49.2	51.4	31.65	28.42
Current Income Taxes Payable	17.32	77.79	124.55	50.3	44.08
Current Unearned Revenue	22.51	36.49	21.06	20.68	11.67
Other Current Liabilities	264.19	298.64	374.59	258.41	77.09
Total Current Liabilities	1,577	1,757	2,418	1,388	1,009
Long-Term Debt	1,015	791.65	1,613	712.66	544.21
Long-Term Leases	138.25	153.12	182.46	146.3	129.71
Long-Term Deferred Tax Liabilities	24.73	23.17	28.5	10.26	1.54
Total Liabilities	2,755	2,725	4,242	2,257	1,684
Common Stock	0.1	0.1	0.09	0.09	0.08
Retained Earnings	742.86	641.27	406.39	590.61	727.66
Comprehensive Income & Other	1,060	1,067	104.35	213.54	296.6
Total Common Equity	1,789	1,708	510.82	804.24	1,024
Minority Interest	115.95	120.52	101.51	48.61	14.78
Shareholders' Equity	1,905	1,829	612.34	852.85	1,039
Total Liabilities & Equity	4,660	4,554	4,854	3,110	2,724
Total Debt	1,387	1,090	1,959	939.75	822.51
Net Cash (Debt)	-618.9	-79.58	-278.53	169.46	406.11
Net Cash Growth	-	-	-	-58.27%	-
Net Cash Per Share	-0.85	-0.11	-0.39	0.27	0.69
Filing Date Shares Outstanding	725.74	727.35	653.4	630.97	578.21
Total Common Shares Outstanding	725.74	727.35	653.4	630.97	578.21
Working Capital	1,569	1,546	1,477	1,150	1,326
Book Value Per Share	2.46	2.35	0.78	1.27	1.77
Tangible Book Value	1,562	1,477	287.31	758.05	1,021
Tangible Book Value Per Share	2.15	2.03	0.44	1.20	1.77
Machinery	-	636.63	571.96	416.19	319.97
Construction In Progress	-	8.71	8.24	12.73	5.32
Leasehold Improvements	-	260.6	226.74	152.78	132.74

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