Tianjin Benefo Tejing Electric Co., Ltd. (SHA:600468)

SHA:600468 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	836.84	767.55	646.1	572.93	579.1
Trading Asset Securities	0.1	0.05	1.99	0.35	8.67
Cash & Short-Term Investments	836.94	767.59	648.1	573.28	587.77
Cash Growth	9.04%	18.44%	13.05%	-2.46%	66.41%
Accounts Receivable	1,319	1,349	1,327	1,160	1,085
Other Receivables	14.17	14.69	29.02	27.3	36.52
Receivables	1,334	1,363	1,356	1,187	1,122
Inventory	460.37	475.88	451.41	581.84	582.59
Other Current Assets	42.34	50.2	53.52	52.9	60.01
Total Current Assets	2,673	2,657	2,509	2,395	2,352
Property, Plant & Equipment	581.61	556.73	558.44	561.38	570.22
Long-Term Investments	366.26	359.54	327.62	305.61	294.01
Goodwill	0.51	217.8	227.99	227.99	227.99
Other Intangible Assets	116.21	129.19	133.78	149.58	156.88
Long-Term Deferred Tax Assets	19.84	17.8	17.65	15.48	14.93
Long-Term Deferred Charges	9.25	2.87	11.55	10.84	9.19
Other Long-Term Assets	6.18	-	-	-	0.01
Total Assets	3,773	3,941	3,786	3,666	3,625
Accounts Payable	574.25	543.74	564.53	413.79	466.06
Accrued Expenses	47.21	45.99	84.45	65.34	52.44
Short-Term Debt	401.18	432.72	317.25	306.77	160
Current Portion of Long-Term Debt	1	20	-	-	-
Current Portion of Leases	0.84	1.04	0.94	0.9	-
Current Income Taxes Payable	2.55	6.15	12.24	7.21	6.34
Current Unearned Revenue	55.17	53.67	58.19	113.92	115.9
Other Current Liabilities	498.8	525.77	515.85	652.09	776.26
Total Current Liabilities	1,581	1,629	1,553	1,560	1,577
Long-Term Debt	18.5	20.22	40.22	-	-
Long-Term Leases	6.29	0.08	0.65	0.19	-
Long-Term Unearned Revenue	26.19	24.9	24.61	15.22	15.52
Long-Term Deferred Tax Liabilities	7.93	7.97	9.44	12.62	14.79
Other Long-Term Liabilities	30.9	21.7	12.83	12.83	14.83
Total Liabilities	1,671	1,704	1,641	1,601	1,622
Common Stock	1,088	1,088	1,088	1,122	1,122
Additional Paid-In Capital	299.71	294.92	288.64	443.24	443.66
Retained Earnings	529.8	675.14	593.33	503.89	432.73
Treasury Stock	-	-	-	-191.13	-191.13
Comprehensive Income & Other	2.81	-3.01	-2.63	10.6	6.04
Total Common Equity	1,920	2,055	1,967	1,889	1,813
Minority Interest	182.3	182.21	177.76	176.79	189.92
Shareholders' Equity	2,102	2,237	2,145	2,065	2,003
Total Liabilities & Equity	3,773	3,941	3,786	3,666	3,625
Total Debt	427.81	474.06	359.07	307.86	160
Net Cash (Debt)	409.13	293.53	289.03	265.42	427.77
Net Cash Growth	39.38%	1.56%	8.89%	-37.95%	70.28%
Net Cash Per Share	0.38	0.27	0.27	0.24	0.39
Filing Date Shares Outstanding	1,088	1,088	1,088	1,088	1,088
Total Common Shares Outstanding	1,088	1,088	1,088	1,088	1,088
Working Capital	1,092	1,028	955.56	835.28	775.03
Book Value Per Share	1.77	1.89	1.81	1.74	1.67
Tangible Book Value	1,803	1,708	1,605	1,511	1,428
Tangible Book Value Per Share	1.66	1.57	1.48	1.39	1.31
Buildings	660.67	586.52	535.19	535.12	535.2
Machinery	491.43	480.16	456.06	435.87	430.06
Construction In Progress	34.01	72.85	111.88	99.52	77.03

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