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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	6,133	7,241	6,335	4,881	4,036	4,086
Short-Term Investments	-	-	1,000	1,140	1,500	976
Trading Asset Securities	0.96	-	-	1.62	2.03	3.81
Cash & Short-Term Investments	6,134	7,241	7,335	6,023	5,538	5,066
Cash Growth	3.76%	-1.29%	21.79%	8.75%	9.33%	92.35%
Accounts Receivable	897.63	399.43	476.33	418.23	419.63	372.65
Other Receivables	31.79	18.27	8.66	8.92	6.28	8.81
Receivables	929.42	417.7	484.99	427.15	425.91	381.46
Inventory	7.84	14.73	16.47	8.29	12.08	14.24
Prepaid Expenses	-	10.33	17.88	16.17	0.13	-
Other Current Assets	2,209	310.7	228.69	122.52	121.53	73.79
Total Current Assets	9,280	7,994	8,083	6,597	6,098	5,535
Property, Plant & Equipment	10,917	11,422	10,967	9,589	9,231	9,558
Long-Term Investments	623.83	758.05	811.97	847.06	653.42	693.87
Other Intangible Assets	1,438	1,490	1,541	1,309	1,352	1,397
Long-Term Deferred Tax Assets	448.21	513.64	575.47	46.92	65.13	28.53
Long-Term Deferred Charges	71.24	72.94	40.26	266.33	190.9	76.91
Other Long-Term Assets	330.82	405.34	418.24	453.86	698.72	868.17
Total Assets	23,110	22,656	22,437	19,108	18,289	18,157
Accounts Payable	786.87	611.91	360.01	270.05	180.94	204.5
Accrued Expenses	61.57	100.81	126.53	119.64	99.3	67.14
Short-Term Debt	27	10	15	-	-	-
Current Portion of Leases	29.54	34.17	30.79	36.25	-	-
Current Income Taxes Payable	90.37	58.5	16.07	32.86	159.42	105.62
Current Unearned Revenue	974.25	963.59	1,187	1,592	1,235	-
Other Current Liabilities	114.44	86.94	105.94	112.75	106.04	1,500
Total Current Liabilities	2,084	1,866	1,842	2,163	1,781	1,878
Long-Term Leases	119.15	130.79	147.08	144.17	-	-
Long-Term Unearned Revenue	293.76	318.7	349.13	438.6	476.49	341.1
Long-Term Deferred Tax Liabilities	828.26	859.83	889.58	587.04	608.99	628.53
Other Long-Term Liabilities	8.66	8.66	-	-	-	-
Total Liabilities	3,334	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	5,875	5,875	5,875
Retained Earnings	3,485	3,099	2,935	2,127	1,660	1,263
Comprehensive Income & Other	7,959	184.56	160.88	3.91	48.83	164.92
Total Common Equity	15,669	15,298	15,110	12,006	11,584	11,303
Minority Interest	4,107	4,173	4,100	3,769	3,839	4,007
Shareholders' Equity	19,776	19,472	19,210	15,775	15,423	15,310
Total Liabilities & Equity	23,110	22,656	22,437	19,108	18,289	18,157
Total Debt	175.68	174.96	192.87	180.42	-	-
Net Cash (Debt)	5,958	7,066	7,142	5,842	5,538	5,066
Net Cash Growth	3.94%	-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	4,224	4,224	4,224	4,000	4,000	4,000
Total Common Shares Outstanding	4,224	4,224	4,224	4,000	4,000	4,000
Working Capital	7,196	6,128	6,241	4,433	4,317	3,657
Book Value Per Share	3.71	3.62	3.58	3.00	2.90	2.83
Tangible Book Value	14,231	13,809	13,569	10,697	10,231	9,906
Tangible Book Value Per Share	3.37	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.