Ganfeng Lithium Group Co., Ltd. (GNENF)

Ganfeng Lithium Group 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	7,014	9,482	9,914	6,332	2,176	1,700
Short-Term Investments	-	1,336	484.83	950	1,805	86.82
Trading Asset Securities	41.39	89.36	215.99	281.36	87.12	12.85
Cash & Short-Term Investments	7,056	10,908	10,615	7,564	4,067	1,800
Cash Growth	-27.76%	2.76%	40.34%	85.96%	126.02%	-52.58%
Accounts Receivable	4,534	6,714	9,903	3,322	1,768	1,134
Other Receivables	198.79	99.33	316.43	85.46	64.5	39.95
Receivables	4,732	6,813	10,220	3,407	1,832	1,174
Inventory	8,261	8,264	10,111	3,283	2,215	2,334
Other Current Assets	1,876	2,199	1,020	372.43	660.12	409.86
Total Current Assets	21,925	28,184	31,966	14,627	8,775	5,717
Property, Plant & Equipment	33,395	23,727	14,448	8,862	6,062	3,167
Long-Term Investments	17,903	19,313	15,980	7,751	2,516	4,066
Goodwill	142.06	17.62	17.62	17.62	-	18.3
Other Intangible Assets	22,853	17,957	14,300	5,090	3,562	347.65
Long-Term Accounts Receivable	-	-	-	-	-	0.97
Long-Term Deferred Tax Assets	1,061	820.51	653.24	698.47	40.36	19.31
Long-Term Deferred Charges	436.95	110.38	89.54	94.69	93.79	62.86
Other Long-Term Assets	955.44	466.31	1,195	1,629	196.09	16.53
Total Assets	98,672	91,698	79,160	39,057	22,020	14,213
Accounts Payable	10,603	5,425	8,382	2,531	1,043	1,045
Accrued Expenses	334.31	616.01	1,531	540.92	127.71	87.99
Short-Term Debt	8,465	6,529	2,109	1,970	1,631	1,131
Current Portion of Long-Term Debt	6,189	3,058	1,504	740.58	662.52	837.01
Current Portion of Leases	-	17.73	17.9	11.18	7.17	6.16
Current Income Taxes Payable	208	448.97	2,563	896.84	99.07	89.48
Current Unearned Revenue	262.64	282.31	492.65	150.5	41.03	39.05
Other Current Liabilities	638.3	3,895	2,056	1,368	465.7	23.18
Total Current Liabilities	26,699	20,271	18,655	8,209	4,078	3,259
Long-Term Debt	17,928	17,940	11,059	4,478	4,334	2,193
Long-Term Leases	67.93	12.56	26.2	19.89	24.4	26.88
Long-Term Unearned Revenue	664.43	534.07	275.21	93.74	64.36	61.32
Long-Term Deferred Tax Liabilities	966.38	482.88	133.78	42.35	63.84	8.61
Other Long-Term Liabilities	219.88	141.35	144.6	47.23	38.03	254.51
Total Liabilities	46,545	39,382	30,294	12,890	8,602	5,803
Common Stock	2,017	2,017	2,017	1,437	1,340	1,293
Additional Paid-In Capital	-	12,131	12,382	11,954	4,843	3,181
Retained Earnings	29,750	32,004	29,074	9,003	4,191	3,554
Treasury Stock	-560.84	-350.14	-133.15	-	-	-
Comprehensive Income & Other	12,768	1,232	702.55	-501.09	331.47	327.33
Total Common Equity	43,974	47,034	44,043	21,894	10,706	8,355
Minority Interest	8,152	5,282	4,823	4,273	2,713	55.02
Shareholders' Equity	52,126	52,316	48,866	26,167	13,418	8,410
Total Liabilities & Equity	98,672	91,698	79,160	39,057	22,020	14,213
Total Debt	32,649	27,557	14,716	7,219	6,659	4,194
Net Cash (Debt)	-25,593	-16,650	-4,101	344.57	-2,592	-2,394
Net Cash Per Share	-12.80	-8.28	-2.03	0.18	-1.42	-1.34
Filing Date Shares Outstanding	2,002	2,010	2,015	2,012	1,876	1,810
Total Common Shares Outstanding	2,002	2,010	2,015	2,012	1,876	1,810
Working Capital	-4,774	7,913	13,311	6,418	4,697	2,458
Book Value Per Share	21.97	23.41	21.86	10.88	5.71	4.62
Tangible Book Value	20,980	29,060	29,726	16,786	7,144	7,989
Tangible Book Value Per Share	10.48	14.46	14.75	8.34	3.81	4.41
Buildings	-	7,993	1,279	912.39	741.23	603.05
Machinery	-	6,694	5,166	3,321	2,431	2,139
Construction In Progress	-	11,298	9,548	5,795	3,761	911.8

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