Ming Yang Smart Energy Group Limited (SHA: 601615)

Ming Yang Smart Energy Group 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	11,682	12,959	11,157	14,071	16,333	10,773
Trading Asset Securities	1.05	1.25	200.18	-	-	-
Cash & Short-Term Investments	13,535	12,961	11,357	14,071	16,333	10,773
Cash Growth	43.44%	14.12%	-19.29%	-13.85%	51.61%	225.21%
Accounts Receivable	15,977	15,549	12,658	7,936	5,158	5,581
Other Receivables	706.69	823.22	784.1	859.32	1,184	654.39
Receivables	16,805	16,613	13,478	9,082	7,014	6,235
Inventory	10,799	9,669	8,024	9,664	8,472	2,811
Prepaid Expenses	0.29	6	0.02	0.01	0	0.02
Other Current Assets	3,115	4,115	2,605	4,869	1,307	2,760
Total Current Assets	44,254	43,363	35,464	37,686	33,125	22,580
Property, Plant & Equipment	23,479	22,578	16,472	11,348	10,771	7,076
Long-Term Investments	1,293	1,222	1,227	1,132	624.86	502.69
Goodwill	68.57	68.57	69.27	79.15	79.15	79.15
Other Intangible Assets	2,148	2,046	1,585	894.45	1,081	1,028
Long-Term Accounts Receivable	8,096	7,799	6,653	5,223	3,782	-
Long-Term Deferred Tax Assets	1,273	1,156	621.65	533.24	513.02	401.35
Long-Term Deferred Charges	589.87	356.5	410.87	379.02	378.38	164.6
Other Long-Term Assets	3,920	5,272	6,429	4,273	1,274	2,864
Total Assets	85,121	83,861	68,941	61,550	51,628	34,696
Accounts Payable	18,650	22,492	17,229	19,438	13,053	7,534
Accrued Expenses	894.42	2,438	1,201	1,431	804.04	429.52
Short-Term Debt	1,242	863.51	259.51	98.47	149	1,375
Current Portion of Long-Term Debt	2,158	2,023	210.72	495.66	-	150.29
Current Portion of Leases	30.12	135.2	123.8	244.03	-	93.51
Current Income Taxes Payable	53.82	161.85	125.32	258.88	79.16	50.07
Current Unearned Revenue	8,205	7,620	7,566	8,062	8,560	6,859
Other Current Liabilities	4,332	1,819	1,642	3,223	4,400	1,672
Total Current Liabilities	35,566	37,553	28,357	33,250	27,045	18,162
Long-Term Debt	15,150	11,480	6,639	4,699	4,380	4,654
Long-Term Leases	931.27	959.77	843.94	1,428	-	2,789
Long-Term Unearned Revenue	396.74	416.1	327.29	329.22	326.35	960.34
Long-Term Deferred Tax Liabilities	1,205	1,117	893.89	544.68	234.2	21.82
Other Long-Term Liabilities	3,773	3,880	3,517	2,747	4,558	1,016
Total Liabilities	57,021	55,406	40,578	42,999	36,543	27,604
Common Stock	2,272	2,272	2,272	1,956	1,875	1,380
Additional Paid-In Capital	17,180	16,939	16,886	10,583	9,776	3,583
Retained Earnings	8,622	8,579	8,897	5,921	2,969	1,324
Treasury Stock	-1,356	-560.64	-90.88	-136.57	-121.88	-
Comprensive Income & Other	162.31	193.56	147.12	127.26	263.5	434.12
Total Common Equity	26,881	27,423	28,111	18,451	14,762	6,721
Minority Interest	1,219	1,032	251.64	99.6	322.3	371.39
Shareholders' Equity	28,100	28,455	28,363	18,551	15,084	7,092
Total Liabilities & Equity	85,121	83,861	68,941	61,550	51,628	34,696
Total Debt	19,511	15,462	8,077	6,966	4,529	9,062
Net Cash (Debt)	-5,976	-2,501	3,281	7,105	11,804	1,711
Net Cash Growth	-	-	-53.83%	-39.81%	589.77%	-
Net Cash Per Share	-2.56	-1.07	1.50	3.67	7.73	1.27
Filing Date Shares Outstanding	2,150	2,614	2,050	2,010	1,852	1,380
Total Common Shares Outstanding	2,150	2,614	2,050	2,010	1,852	1,380
Working Capital	8,688	5,810	7,107	4,436	6,080	4,417
Book Value Per Share	12.50	10.49	13.71	9.18	7.97	4.87
Tangible Book Value	24,664	25,308	26,457	17,478	13,602	5,613
Tangible Book Value Per Share	11.47	9.68	12.91	8.69	7.34	4.07
Buildings	5,982	-	-	-	-	1,745
Machinery	16,244	16,598	13,323	11,588	-	4,191
Construction In Progress	4,609	8,777	5,607	1,389	-	2,420

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