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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,811	5,302	4,448	6,493	4,107	2,467
Short-Term Investments	-	-	-	-	-	243.49
Trading Asset Securities	368.32	384.1	505.12	734	-	142.09
Cash & Short-Term Investments	6,180	5,686	4,953	7,227	4,107	2,853
Cash Growth	12.21%	14.80%	-31.46%	75.98%	43.96%	-22.36%
Accounts Receivable	8,015	7,382	6,385	8,339	5,550	3,305
Other Receivables	297.21	351.94	259.45	224.52	428.27	133.44
Receivables	8,348	7,734	6,644	8,563	5,978	3,439
Inventory	13,670	14,826	14,505	10,325	8,963	9,335
Other Current Assets	640.4	710.38	1,063	618.18	236.85	1,194
Total Current Assets	28,838	28,956	27,166	26,733	19,284	16,820
Property, Plant & Equipment	7,498	6,955	5,745	4,494	4,372	3,849
Long-Term Investments	1,979	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	598.58	568.72	582.81	789.05	817.3	795.5
Long-Term Accounts Receivable	6.9	16.6	30.5	54.5	59.85	23.1
Long-Term Deferred Tax Assets	550.35	522.08	716.22	568.55	516.07	464.39
Long-Term Deferred Charges	694.09	706.01	610.32	306.36	238.64	226.85
Other Long-Term Assets	452.81	817.6	321.29	253.43	281.11	223.08
Total Assets	41,011	40,497	36,646	34,708	26,883	23,250
Accounts Payable	2,637	2,276	2,438	2,345	1,281	1,335
Accrued Expenses	320.27	367.45	725.63	580.29	202.78	183.18
Short-Term Debt	2,528	2,013	1,419	1,580	2,215	3,507
Current Portion of Long-Term Debt	2,297	1,552	2,798	4,058	51	30
Current Portion of Leases	103.5	144.23	76.84	13.94	2.34	-
Current Income Taxes Payable	71.86	87.62	103.45	370.87	108.89	27.01
Current Unearned Revenue	167.2	432.35	262.25	321.94	178.11	258.47
Other Current Liabilities	1,803	2,375	1,498	771.56	588.07	384.15
Total Current Liabilities	9,928	9,248	9,320	10,042	4,628	5,725
Long-Term Debt	3,236	3,255	1,814	4,941	7,231	4,158
Long-Term Leases	483.42	483.87	13.46	13.88	-	-
Long-Term Unearned Revenue	492.32	481.83	352.51	365.38	326.07	282.73
Long-Term Deferred Tax Liabilities	85.5	86.48	79.9	84.66	68.77	73.55
Other Long-Term Liabilities	38.65	39.72	32.99	37.89	66.76	56.8
Total Liabilities	14,264	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	17,395	17,602	15,848	11,572	6,634	5,761
Treasury Stock	-	-	-	-188.01	-188.01	-188.01
Comprensive Income & Other	318.68	256.78	235.08	230.4	177.06	227.87
Total Common Equity	21,497	21,619	19,831	15,348	11,195	9,647
Minority Interest	5,250	5,282	5,202	3,875	3,368	3,306
Shareholders' Equity	26,747	26,901	25,033	19,224	14,563	12,953
Total Liabilities & Equity	41,011	40,497	36,646	34,708	26,883	23,250
Total Debt	8,648	7,449	6,121	10,606	9,499	7,695
Net Cash (Debt)	-2,468	-1,763	-1,168	-3,379	-5,393	-4,843
Net Cash Per Share	-0.68	-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	18,910	19,708	17,845	16,691	14,656	11,095
Book Value Per Share	5.95	5.98	5.49	4.25	3.10	2.67
Tangible Book Value	20,867	21,019	19,217	14,538	10,357	8,831
Tangible Book Value Per Share	5.77	5.81	5.32	4.02	2.86	2.44
Buildings	3,878	3,840	3,426	3,398	3,341	2,890
Machinery	5,599	5,363	4,358	3,905	3,818	3,485
Construction In Progress	1,926	1,439	1,300	306.71	268.4	224.51

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