China Northern Rare Earth (Group) High-Tech Co.,Ltd (SHA: 600111)

China Northern Rare Earth (Group) High-Tech Co.,Ltd 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	6,125	5,302	4,448	6,493	4,107	2,467
Short-Term Investments	-	-	-	-	-	243.49
Trading Asset Securities	455.13	384.1	505.12	734	-	142.09
Cash & Short-Term Investments	6,580	5,686	4,953	7,227	4,107	2,853
Cash Growth	4.57%	14.80%	-31.46%	75.98%	43.96%	-22.36%
Accounts Receivable	8,247	7,382	6,385	8,339	5,550	3,305
Other Receivables	199.7	351.94	259.45	224.52	428.27	133.44
Receivables	8,446	7,734	6,644	8,563	5,978	3,439
Inventory	13,027	14,826	14,505	10,325	8,963	9,335
Other Current Assets	1,009	710.38	1,063	618.18	236.85	1,194
Total Current Assets	29,063	28,956	27,166	26,733	19,284	16,820
Property, Plant & Equipment	8,233	6,955	5,745	4,494	4,372	3,849
Long-Term Investments	1,974	1,923	1,443	1,488	1,293	827.48
Goodwill	31.75	31.75	31.75	20.81	20.81	20.81
Other Intangible Assets	615.18	568.72	582.81	789.05	817.3	795.5
Long-Term Accounts Receivable	2.88	16.6	30.5	54.5	59.85	23.1
Long-Term Deferred Tax Assets	528.37	522.08	716.22	568.55	516.07	464.39
Long-Term Deferred Charges	688.71	706.01	610.32	306.36	238.64	226.85
Other Long-Term Assets	775.53	817.6	321.29	253.43	281.11	223.08
Total Assets	41,912	40,497	36,646	34,708	26,883	23,250
Accounts Payable	2,801	2,276	2,438	2,345	1,281	1,335
Accrued Expenses	129.78	367.45	725.63	580.29	202.78	183.18
Short-Term Debt	1,809	2,013	1,419	1,580	2,215	3,507
Current Portion of Long-Term Debt	2,295	1,552	2,798	4,058	51	30
Current Portion of Leases	-	144.23	76.84	13.94	2.34	-
Current Income Taxes Payable	109.42	87.62	103.45	370.87	108.89	27.01
Current Unearned Revenue	309.4	432.35	262.25	321.94	178.11	258.47
Other Current Liabilities	1,821	2,375	1,498	771.56	588.07	384.15
Total Current Liabilities	9,274	9,248	9,320	10,042	4,628	5,725
Long-Term Debt	4,137	3,255	1,814	4,941	7,231	4,158
Long-Term Leases	554.31	483.87	13.46	13.88	-	-
Long-Term Unearned Revenue	485.21	481.83	352.51	365.38	326.07	282.73
Long-Term Deferred Tax Liabilities	87.25	86.48	79.9	84.66	68.77	73.55
Other Long-Term Liabilities	16.74	39.72	32.99	37.89	66.76	56.8
Total Liabilities	14,555	13,595	11,613	15,484	12,320	10,296
Common Stock	3,615	3,615	3,615	3,633	3,633	3,633
Additional Paid-In Capital	168.35	145.1	133.44	101.09	939.28	213.57
Retained Earnings	17,755	17,602	15,848	11,572	6,634	5,761
Treasury Stock	-	-	-	-188.01	-188.01	-188.01
Comprehensive Income & Other	324.11	256.78	235.08	230.4	177.06	227.87
Total Common Equity	21,862	21,619	19,831	15,348	11,195	9,647
Minority Interest	5,495	5,282	5,202	3,875	3,368	3,306
Shareholders' Equity	27,358	26,901	25,033	19,224	14,563	12,953
Total Liabilities & Equity	41,912	40,497	36,646	34,708	26,883	23,250
Total Debt	8,794	7,449	6,121	10,606	9,499	7,695
Net Cash (Debt)	-2,214	-1,763	-1,168	-3,379	-5,393	-4,843
Net Cash Per Share	-0.61	-0.49	-0.32	-0.93	-1.49	-1.33
Filing Date Shares Outstanding	3,615	3,615	3,615	3,615	3,615	3,615
Total Common Shares Outstanding	3,615	3,615	3,615	3,615	3,615	3,615
Working Capital	19,789	19,708	17,845	16,691	14,656	11,095
Book Value Per Share	6.05	5.98	5.49	4.25	3.10	2.67
Tangible Book Value	21,215	21,019	19,217	14,538	10,357	8,831
Tangible Book Value Per Share	5.87	5.81	5.32	4.02	2.86	2.44
Buildings	-	3,840	3,426	3,398	3,341	2,890
Machinery	-	5,363	4,358	3,905	3,818	3,485
Construction In Progress	-	1,439	1,300	306.71	268.4	224.51

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