China Satellite Communications Co., Ltd. (SHA: 601698)

China Satellite Communications 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	6,123	7,241	6,335	4,881	4,036	4,086
Short-Term Investments	-	-	1,000	1,140	1,500	976
Trading Asset Securities	1.27	-	-	1.62	2.03	3.81
Cash & Short-Term Investments	6,124	7,241	7,335	6,023	5,538	5,066
Cash Growth	-16.06%	-1.29%	21.79%	8.75%	9.33%	92.35%
Accounts Receivable	833.08	399.43	476.33	418.23	419.63	372.65
Other Receivables	94.65	18.27	8.66	8.92	6.28	8.81
Receivables	927.73	417.7	484.99	427.15	425.91	381.46
Inventory	8.45	14.73	16.47	8.29	12.08	14.24
Prepaid Expenses	-	10.33	17.88	16.17	0.13	-
Other Current Assets	1,814	310.7	228.69	122.52	121.53	73.79
Total Current Assets	8,874	7,994	8,083	6,597	6,098	5,535
Property, Plant & Equipment	11,247	11,422	10,967	9,589	9,231	9,558
Long-Term Investments	635.44	758.05	811.97	847.06	653.42	693.87
Other Intangible Assets	1,457	1,490	1,541	1,309	1,352	1,397
Long-Term Deferred Tax Assets	459.18	513.64	575.47	46.92	65.13	28.53
Long-Term Deferred Charges	83.17	72.94	40.26	266.33	190.9	76.91
Other Long-Term Assets	316.11	405.34	418.24	453.86	698.72	868.17
Total Assets	23,071	22,656	22,437	19,108	18,289	18,157
Accounts Payable	813.27	611.91	360.01	270.05	180.94	204.5
Accrued Expenses	53.52	100.81	126.53	119.64	99.3	67.14
Short-Term Debt	17	10	15	-	-	-
Current Portion of Long-Term Debt	35.62	-	-	-	-	-
Current Portion of Leases	-	34.17	30.79	36.25	-	-
Current Income Taxes Payable	78.48	58.5	16.07	32.86	159.42	105.62
Current Unearned Revenue	922.69	963.59	1,187	1,592	1,235	-
Other Current Liabilities	77.34	86.94	105.94	112.75	106.04	1,500
Total Current Liabilities	1,998	1,866	1,842	2,163	1,781	1,878
Long-Term Leases	120.61	130.79	147.08	144.17	-	-
Long-Term Unearned Revenue	303.73	318.7	349.13	438.6	476.49	341.1
Long-Term Deferred Tax Liabilities	834.88	859.83	889.58	587.04	608.99	628.53
Other Long-Term Liabilities	8.66	8.66	-	-	-	-
Total Liabilities	3,266	3,184	3,227	3,333	2,866	2,847
Common Stock	4,224	4,224	4,224	4,000	4,000	4,000
Additional Paid-In Capital	7,790	7,790	7,790	5,875	5,875	5,875
Retained Earnings	3,411	3,099	2,935	2,127	1,660	1,263
Comprensive Income & Other	189.03	184.56	160.88	3.91	48.83	164.92
Total Common Equity	15,614	15,298	15,110	12,006	11,584	11,303
Minority Interest	4,191	4,173	4,100	3,769	3,839	4,007
Shareholders' Equity	19,806	19,472	19,210	15,775	15,423	15,310
Total Liabilities & Equity	23,071	22,656	22,437	19,108	18,289	18,157
Total Debt	173.23	174.96	192.87	180.42	-	-
Net Cash (Debt)	5,951	7,066	7,142	5,842	5,538	5,066
Net Cash Growth	-16.18%	-1.07%	22.25%	5.49%	9.33%	124.06%
Net Cash Per Share	1.41	1.67	1.77	1.46	1.38	1.33
Filing Date Shares Outstanding	4,223	4,224	4,224	4,000	4,000	4,000
Total Common Shares Outstanding	4,223	4,224	4,224	4,000	4,000	4,000
Working Capital	6,877	6,128	6,241	4,433	4,317	3,657
Book Value Per Share	3.70	3.62	3.58	3.00	2.90	2.83
Tangible Book Value	14,158	13,809	13,569	10,697	10,231	9,906
Tangible Book Value Per Share	3.35	3.27	3.21	2.67	2.56	2.48
Buildings	-	737.75	731.36	561.69	565.92	572.15
Machinery	-	20,600	18,119	17,700	16,965	18,755
Construction In Progress	-	1,519	2,404	1,492	1,319	96.52

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