Luckin Coffee Inc. (LKNCY)

Luckin Coffee Balance Sheet

Financials in millions CNY. 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	4,362	2,926	3,534	6,478	4,806
Short-Term Investments	1,378	564.02	-	-	250
Cash & Short-Term Investments	5,740	3,490	3,534	6,478	5,056
Cash Growth	64.48%	-1.26%	-45.44%	28.12%	-5.77%
Accounts Receivable	549.71	294.83	210.7	210.17	43.11
Other Receivables	-	4.18	0.2	4.36	5.98
Receivables	549.71	299.01	210.91	214.53	49.08
Inventory	2,473	2,339	1,315	672.67	295.25
Prepaid Expenses	1,938	273.27	206.06	234.89	241.72
Restricted Cash	3.78	66.08	7.86	58.2	110
Other Current Assets	-	1,133	762.82	725.43	668.13
Total Current Assets	10,705	7,600	6,037	8,383	6,420
Property, Plant & Equipment	11,003	9,356	3,871	3,043	2,070
Long-Term Investments	150	150	-	-	-
Other Intangible Assets	-	31.95	26.08	6.95	38.75
Long-Term Deferred Tax Assets	271.6	350.08	208.47	702.94	638.72
Other Long-Term Assets	969.76	804.4	337.42	176.42	154.27
Total Assets	23,099	18,292	10,480	12,312	9,322
Accounts Payable	738.68	814.66	441.38	293.7	209.7
Accrued Expenses	3,028	1,631	1,010	864.29	427.03
Short-Term Debt	300	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	2,931	-
Current Portion of Leases	2,343	1,851	880.87	598.06	-
Current Income Taxes Payable	-	102.24	105.97	36.5	-
Current Unearned Revenue	153.25	123.42	97.37	96.21	88.17
Other Current Liabilities	119.56	940.44	293.52	1,771	276.09
Total Current Liabilities	6,682	5,463	2,829	6,592	1,001
Long-Term Debt	33.6	-	-	-	3,002
Long-Term Leases	3,331	3,115	1,024	575.06	-
Other Long-Term Liabilities	-	-	-	-	2,595
Total Liabilities	10,047	8,578	3,853	7,167	6,598
Common Stock	0.03	0.03	0.03	0.02	0.02
Additional Paid-In Capital	16,705	16,277	16,037	15,038	14,745
Retained Earnings	-5,606	-8,538	-11,385	-11,874	-12,452
Comprehensive Income & Other	438.54	396.94	397.3	466.86	364.05
Total Common Equity	11,538	8,136	5,049	3,631	2,656
Minority Interest	-	-	-	-	68.52
Shareholders' Equity	13,053	9,714	6,627	5,146	2,725
Total Liabilities & Equity	23,099	18,292	10,480	12,312	9,322
Total Debt	6,008	4,966	1,905	4,105	3,002
Net Cash (Debt)	-267.67	-1,476	1,629	2,373	2,055
Net Cash Growth	-	-	-31.35%	15.51%	-57.04%
Net Cash Per Share	-0.84	-4.66	5.18	8.89	8.13
Filing Date Shares Outstanding	318.4	319.28	314.37	303.55	253.15
Total Common Shares Outstanding	318.4	318.22	316.53	298.83	253.15
Working Capital	4,022	2,137	3,208	1,792	5,419
Book Value Per Share	36.24	25.57	15.95	12.15	10.49
Tangible Book Value	11,538	8,104	5,023	3,624	2,618
Tangible Book Value Per Share	36.24	25.47	15.87	12.13	10.34
Buildings	-	480.79	811.67	798.66	675.49
Machinery	-	2,815	1,599	1,443	1,385
Construction In Progress	-	345.9	53.1	15.05	192.03
Leasehold Improvements	-	2,235	1,127	873.45	1,048

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