Shandong Hi-speed Company Limited (SHA: 600350)

Shandong Hi-speed Company 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	3,891	4,438	5,341	4,734	2,336	1,817
Short-Term Investments	1,750	1,159	491.05	336.03	113.25	1,088
Trading Asset Securities	867.63	887.43	1,238	-	502.68	-
Cash & Short-Term Investments	6,509	6,484	7,071	5,070	2,951	2,905
Cash Growth	11.23%	-8.29%	39.47%	71.76%	1.61%	96.94%
Accounts Receivable	8,893	9,074	5,818	2,664	980.73	490.84
Other Receivables	4,229	4,589	5,798	4,280	4,267	5,364
Receivables	13,122	13,662	11,616	6,944	5,248	5,855
Inventory	967.76	926.6	1,041	1,456	1,394	1,915
Other Current Assets	4,910	3,240	3,334	2,942	3,886	388.35
Total Current Assets	25,509	24,313	23,062	16,411	13,480	11,063
Property, Plant & Equipment	13,252	14,246	14,848	14,581	18,311	12,140
Long-Term Investments	21,782	20,887	19,035	17,791	16,481	19,188
Goodwill	568.6	569.93	688.16	627.51	-	-
Other Intangible Assets	77,311	74,310	70,152	63,756	48,126	42,330
Long-Term Accounts Receivable	-	294.75	-	-	-	-
Long-Term Deferred Tax Assets	1,093	1,081	1,018	870.81	732.22	616.22
Long-Term Deferred Charges	75.61	91.57	141.09	40.79	5.71	8.12
Other Long-Term Assets	16,837	15,926	15,217	11,828	2,541	2,679
Total Assets	156,428	151,720	144,161	125,906	99,677	88,023
Accounts Payable	15,565	14,763	13,558	10,520	5,029	5,054
Accrued Expenses	171.74	586.85	549.58	596.57	363.24	390.67
Short-Term Debt	6,046	6,360	5,361	5,467	5,376	568.57
Current Portion of Long-Term Debt	4,742	4,426	3,501	2,446	-	2,543
Current Portion of Leases	-	8.13	6.04	7.09	-	-
Current Income Taxes Payable	659.97	279.7	179.35	437.25	432.18	621.91
Current Unearned Revenue	355	274.06	466.64	151.77	119.56	-
Other Current Liabilities	5,861	5,400	4,415	4,425	7,858	5,415
Total Current Liabilities	33,401	32,099	28,036	24,050	19,178	14,593
Long-Term Debt	63,200	59,204	54,819	50,011	37,551	33,314
Long-Term Leases	157.08	221.87	450.34	82.99	75.91	-
Long-Term Unearned Revenue	2,367	2,406	2,564	2,353	1,594	1,209
Long-Term Deferred Tax Liabilities	2,139	2,156	1,972	1,709	1,104	908.78
Other Long-Term Liabilities	120.36	497.04	947.55	698.07	767.9	396.43
Total Liabilities	101,575	96,778	88,959	79,102	60,484	50,649
Common Stock	4,852	4,840	4,827	4,811	4,811	4,811
Additional Paid-In Capital	550.66	531.36	2,230	1,209	2,527	4,837
Retained Earnings	23,525	23,502	24,030	22,898	21,993	21,535
Comprehensive Income & Other	12,749	12,831	10,168	8,281	3,248	2,093
Total Common Equity	41,677	41,705	41,255	37,198	32,579	33,276
Minority Interest	13,176	13,237	13,947	9,606	6,614	4,098
Shareholders' Equity	54,854	54,942	55,202	46,804	39,193	37,374
Total Liabilities & Equity	156,428	151,720	144,161	125,906	99,677	88,023
Total Debt	74,145	70,220	64,137	58,013	43,003	36,426
Net Cash (Debt)	-67,636	-63,736	-57,066	-52,944	-40,051	-33,521
Net Cash Per Share	-11.44	-11.08	-10.14	-10.34	-7.92	-6.93
Filing Date Shares Outstanding	4,852	4,840	4,827	4,811	4,811	4,811
Total Common Shares Outstanding	4,852	4,840	4,827	4,811	4,811	4,811
Working Capital	-7,892	-7,785	-4,974	-7,639	-5,698	-3,530
Book Value Per Share	6.01	5.99	6.45	6.03	6.11	6.92
Tangible Book Value	-36,202	-33,176	-29,584	-27,186	-15,547	-9,054
Tangible Book Value Per Share	-10.04	-9.48	-8.22	-7.35	-3.90	-1.88
Buildings	-	6,041	6,865	4,097	3,652	3,510
Machinery	-	4,714	4,531	3,896	3,121	2,433
Construction In Progress	-	2,654	1,862	4,624	8,633	2,530

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