Spring Airlines Co., Ltd. (SHA: 601021)

Spring Airlines 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	9,612	11,583	10,208	7,260	9,192	7,719
Trading Asset Securities	0.01	0.01	138.35	2.91	-	0.34
Cash & Short-Term Investments	9,612	11,583	10,347	7,263	9,192	7,719
Cash Growth	-26.83%	11.95%	42.45%	-20.98%	19.07%	57.23%
Accounts Receivable	112.98	180.38	105.25	98.46	62.73	120.85
Other Receivables	429.93	356.57	527.56	585.82	440.8	497.67
Receivables	542.91	536.95	632.81	684.28	503.54	618.52
Inventory	264.6	202.06	174.79	213.4	217.83	168.53
Other Current Assets	724.92	657.93	691.48	552.93	412.13	1,213
Total Current Assets	11,144	12,980	11,846	8,714	10,325	9,720
Property, Plant & Equipment	28,720	28,142	27,995	26,307	19,169	17,086
Long-Term Investments	958.94	867.52	1,133	1,022	899.37	1,087
Other Intangible Assets	736.79	751.08	765.2	781.96	774.65	65.87
Long-Term Deferred Tax Assets	612.92	817.78	1,018	586	269.74	154.37
Long-Term Deferred Charges	502.15	508.07	411.39	384.77	329.9	331.97
Other Long-Term Assets	190.29	172.26	251.29	524.53	662.42	921.78
Total Assets	42,866	44,238	43,420	38,320	32,430	29,367
Accounts Payable	1,718	227.11	367.25	330.82	170.31	209.87
Accrued Expenses	413.59	2,244	1,650	981.4	1,451	1,451
Short-Term Debt	376.8	4,190	5,405	4,484	5,634	3,457
Current Portion of Long-Term Debt	3,983	3,239	4,038	1,954	4.14	1,609
Current Portion of Leases	-	1,053	1,041	934.69	-	31.97
Current Income Taxes Payable	645.08	35.98	29.15	38.3	21.04	360.07
Current Unearned Revenue	1,185	1,312	635.98	550.52	627.16	-
Other Current Liabilities	321.19	495.1	280.23	401.29	2,982	1,532
Total Current Liabilities	8,643	12,796	13,446	9,675	10,890	8,650
Long-Term Debt	13,101	11,100	10,896	9,472	5,983	4,450
Long-Term Leases	1,282	2,347	3,324	3,306	-	65.01
Long-Term Unearned Revenue	-	-	-	-	109.21	130.97
Long-Term Deferred Tax Liabilities	22.78	33.29	43.49	39.29	-	-
Other Long-Term Liabilities	2,101	2,212	2,017	2,081	1,267	1,030
Total Liabilities	25,150	28,488	29,727	24,573	18,249	14,325
Common Stock	978.55	978.55	978.55	916.46	916.46	916.74
Additional Paid-In Capital	7,792	7,792	7,791	4,881	4,884	4,893
Retained Earnings	9,001	7,081	4,823	7,859	8,381	9,111
Treasury Stock	-110.57	-74.28	-72.23	-	-	-6.8
Comprehensive Income & Other	54.92	-27.29	172.09	90.27	-1.15	125.02
Total Common Equity	17,716	15,750	13,693	13,747	14,181	15,039
Minority Interest	-	-	-	-	0.02	2.79
Shareholders' Equity	17,716	15,750	13,693	13,747	14,181	15,041
Total Liabilities & Equity	42,866	44,238	43,420	38,320	32,430	29,367
Total Debt	18,743	21,929	24,704	20,151	11,621	9,613
Net Cash (Debt)	-9,131	-10,347	-14,357	-12,887	-2,430	-1,893
Net Cash Per Share	-9.36	-10.59	-15.60	-13.18	-2.64	-2.07
Filing Date Shares Outstanding	968.46	977.1	937.4	916.46	916.46	916.73
Total Common Shares Outstanding	968.46	977.1	937.4	916.46	916.46	916.73
Working Capital	2,501	183.77	-1,601	-960.79	-564.56	1,070
Book Value Per Share	18.29	16.12	14.61	15.00	15.47	16.40
Tangible Book Value	16,979	14,999	12,928	12,965	13,406	14,973
Tangible Book Value Per Share	17.53	15.35	13.79	14.15	14.63	16.33
Machinery	-	26,499	23,555	21,662	-	15,032
Construction In Progress	-	6,214	6,895	5,400	-	5,540

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