Qingling Motors Co., Ltd. (QGLHF)

Qingling Motors 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	688.3	1,028	972.92	1,674	1,042
Short-Term Investments	2,268	1,486	2,916	599.08	2,241
Cash & Short-Term Investments	2,956	2,514	3,889	2,273	3,282
Cash Growth	17.59%	-35.35%	71.08%	-30.75%	-45.86%
Accounts Receivable	988.73	1,057	962.72	2,186	2,565
Other Receivables	253.85	346.78	436.27	280.05	126.54
Receivables	1,243	1,404	1,399	2,466	2,692
Inventory	1,417	1,459	1,590	1,178	884.33
Total Current Assets	5,616	5,376	6,878	5,917	6,858
Property, Plant & Equipment	1,273	1,266	1,214	1,092	1,036
Long-Term Investments	2,553	3,095	2,029	3,673	2,786
Other Intangible Assets	145.25	119.91	155	189.66	228.58
Long-Term Accounts Receivable	515.21	48.63	-	-	-
Long-Term Deferred Tax Assets	62.7	59.82	53.78	13.94	18.19
Other Long-Term Assets	18.99	18.87	19.14	19.24	39.38
Total Assets	10,184	9,984	10,349	10,906	10,966
Accounts Payable	2,126	1,471	1,570	1,666	1,875
Accrued Expenses	152.83	195.16	266.79	319	359.84
Current Portion of Leases	17.12	16.46	14.81	22.82	30.5
Current Income Taxes Payable	0.46	1.81	4.26	3.05	2.67
Current Unearned Revenue	134.22	357.33	478.96	594.75	372.14
Other Current Liabilities	226.74	181.42	195.4	223.61	299.3
Total Current Liabilities	2,658	2,224	2,531	2,830	2,939
Long-Term Leases	2.65	19.4	27.36	1.92	31.88
Long-Term Unearned Revenue	3.55	4.28	5.13	7.15	7.98
Total Liabilities	2,664	2,247	2,563	2,839	2,979
Common Stock	2,482	2,482	2,482	2,482	2,482
Additional Paid-In Capital	4,860	1,765	1,765	1,765	1,765
Retained Earnings	-	2,579	2,634	2,921	2,847
Comprehensive Income & Other	-	571.76	571.2	571.2	571.2
Total Common Equity	7,343	7,398	7,452	7,740	7,666
Minority Interest	177.4	339.46	333.93	327.53	321.58
Shareholders' Equity	7,520	7,737	7,786	8,067	7,987
Total Liabilities & Equity	10,184	9,984	10,349	10,906	10,966
Total Debt	19.77	35.86	42.17	24.74	62.38
Net Cash (Debt)	2,937	2,478	3,847	2,248	3,220
Net Cash Growth	18.50%	-35.58%	71.09%	-30.18%	-46.10%
Net Cash Per Share	1.18	1.00	1.55	0.91	1.30
Filing Date Shares Outstanding	2,482	2,482	2,482	2,482	2,482
Total Common Shares Outstanding	2,482	2,482	2,482	2,482	2,482
Working Capital	2,958	3,153	4,347	3,088	3,919
Book Value Per Share	2.96	2.98	3.00	3.12	3.09
Tangible Book Value	7,197	7,278	7,297	7,550	7,437
Tangible Book Value Per Share	2.90	2.93	2.94	3.04	3.00
Buildings	-	693.31	687.52	679.34	671.93
Machinery	-	3,948	3,849	3,824	3,782
Construction In Progress	-	357.17	357.29	234.52	253.25

Source: S&P Global Market Intelligence. Standard template. Financial Sources.