Luckin Coffee Inc. (LKNCY)

Luckin Coffee 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,802	2,926	3,534	6,478	4,806	4,866
Short-Term Investments	755.41	564.02	-	-	250	500
Cash & Short-Term Investments	4,557	3,490	3,534	6,478	5,056	5,366
Cash Growth	-16.89%	-1.26%	-45.44%	28.12%	-5.77%	204.71%
Accounts Receivable	537.82	294.83	210.7	210.17	43.11	39.08
Other Receivables	-	4.18	0.2	4.36	5.98	2.82
Receivables	537.82	299.01	210.91	214.53	49.08	41.9
Inventory	3,119	2,339	1,315	672.67	295.25	421.27
Prepaid Expenses	1,872	273.27	206.06	234.89	241.72	146.92
Restricted Cash	5.57	66.08	7.86	58.2	110	101.5
Other Current Assets	-	1,133	762.82	725.43	668.13	1,475
Total Current Assets	10,091	7,600	6,037	8,383	6,420	7,552
Property, Plant & Equipment	10,623	9,356	3,871	3,043	2,070	1,938
Long-Term Investments	150	150	-	-	-	-
Other Intangible Assets	-	31.95	26.08	6.95	38.75	38.9
Long-Term Deferred Tax Assets	254.54	350.08	208.47	702.94	638.72	-
Other Long-Term Assets	974.83	804.4	337.42	176.42	154.27	232.57
Total Assets	22,094	18,292	10,480	12,312	9,322	9,762
Accounts Payable	862.81	814.66	441.38	293.7	209.7	632.96
Accrued Expenses	3,183	1,631	1,010	864.29	427.03	593.14
Short-Term Debt	300	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	2,931	-	261.93
Current Portion of Leases	2,218	1,851	880.87	598.06	-	11.54
Current Income Taxes Payable	-	102.24	105.97	36.5	-	-
Current Unearned Revenue	108.74	123.42	97.37	96.21	88.17	144.92
Other Current Liabilities	114.86	940.44	293.52	1,771	276.09	2,665
Total Current Liabilities	6,788	5,463	2,829	6,592	1,001	4,309
Long-Term Debt	-	-	-	-	3,002	310.36
Long-Term Leases	3,294	3,115	1,024	575.06	-	-
Other Long-Term Liabilities	-	-	-	-	2,595	-
Total Liabilities	10,082	8,578	3,853	7,167	6,598	4,620
Common Stock	0.03	0.03	0.03	0.02	0.02	0.02
Additional Paid-In Capital	16,609	16,277	16,037	15,038	14,745	11,846
Retained Earnings	-6,447	-8,538	-11,385	-11,874	-12,452	-6,863
Comprehensive Income & Other	335.1	396.94	397.3	466.86	364.05	77.36
Total Common Equity	10,497	8,136	5,049	3,631	2,656	5,060
Minority Interest	-	-	-	-	68.52	82.4
Shareholders' Equity	12,011	9,714	6,627	5,146	2,725	5,143
Total Liabilities & Equity	22,094	18,292	10,480	12,312	9,322	9,762
Total Debt	5,813	4,966	1,905	4,105	3,002	583.83
Net Cash (Debt)	-1,255	-1,476	1,629	2,373	2,055	4,782
Net Cash Growth	-	-	-31.35%	15.51%	-57.04%	255.65%
Net Cash Per Share	-3.95	-4.66	5.18	8.89	8.13	23.77
Filing Date Shares Outstanding	318.19	280.82	275.91	265.09	253.15	253.15
Total Common Shares Outstanding	318.19	279.76	278.07	261.9	253.15	242.8
Working Capital	3,303	2,137	3,208	1,792	5,419	3,243
Book Value Per Share	32.99	29.08	18.16	13.86	10.49	20.84
Tangible Book Value	10,497	8,104	5,023	3,624	2,618	5,021
Tangible Book Value Per Share	32.99	28.97	18.06	13.84	10.34	20.68
Buildings	-	480.79	811.67	798.66	675.49	674.48
Machinery	-	2,815	1,599	1,443	1,385	929.82
Construction In Progress	-	345.9	53.1	15.05	192.03	39.22
Leasehold Improvements	-	2,235	1,127	873.45	1,048	916.3

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