Foshan Haitian Flavouring and Food Company Ltd. (SHA: 603288)

Foshan Haitian Flavouring and Food Company 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	20,482	21,689	18,223	19,814	16,958	13,456
Trading Asset Securities	4,531	5,841	6,082	5,378	5,055	4,878
Cash & Short-Term Investments	25,014	27,530	24,305	25,192	22,012	18,334
Cash Growth	5.86%	13.27%	-3.52%	14.44%	20.07%	93.86%
Accounts Receivable	196.52	223.15	188.4	56.05	41.49	2.46
Other Receivables	74.25	181.57	10.74	7.76	6.47	83.16
Receivables	270.77	404.72	199.13	63.81	47.96	85.63
Inventory	1,876	2,619	2,392	2,227	2,100	1,803
Prepaid Expenses	-	-	-	-	-	10.24
Other Current Assets	181.71	220.54	77.84	96.66	39.85	37.06
Total Current Assets	27,342	30,774	26,974	27,579	24,200	20,269
Property, Plant & Equipment	6,340	6,110	5,430	4,611	4,283	3,942
Long-Term Investments	0.1	0.1	0.1	0.1	0.1	0.1
Goodwill	210.43	210.43	210.43	30.58	30.58	15.09
Other Intangible Assets	850.6	856.99	684.64	376.67	385.3	138.37
Long-Term Deferred Tax Assets	385.41	453.92	653.33	698.41	625.32	383.68
Long-Term Deferred Charges	3.12	4.62	11.02	8.22	4.55	0.09
Other Long-Term Assets	37.37	13.48	95.99	33.86	4.91	5.42
Total Assets	35,169	38,424	34,059	33,338	29,534	24,754
Accounts Payable	2,238	1,861	1,300	2,074	1,415	1,298
Accrued Expenses	1,237	1,151	1,415	1,505	1,819	1,762
Short-Term Debt	576.53	362.65	131.72	104.6	92.6	19.6
Current Portion of Long-Term Debt	19.5	18.6	4.98	-	-	-
Current Portion of Leases	6.34	12.74	15.29	21.4	-	-
Current Income Taxes Payable	248.58	222.93	328.86	446.64	653.95	522.85
Current Unearned Revenue	1,447	4,527	2,948	4,709	4,452	-
Other Current Liabilities	450.17	779.69	575.54	616.64	648.86	4,375
Total Current Liabilities	6,222	8,936	6,719	9,477	9,080	7,978
Long-Term Debt	68.75	89.27	112.65	-	-	-
Long-Term Leases	28.87	30.19	29.75	54.07	-	-
Long-Term Unearned Revenue	288.37	303.22	279.17	292.36	270.36	177.74
Long-Term Deferred Tax Liabilities	30.54	31.62	33.84	14.76	16.88	-
Total Liabilities	6,639	9,391	7,175	9,838	9,368	8,156
Common Stock	5,561	5,561	4,634	4,213	3,240	2,700
Additional Paid-In Capital	142.5	142.5	142.5	142.5	790.59	1,331
Retained Earnings	22,870	23,078	21,621	19,046	16,037	12,551
Treasury Stock	-547.54	-250	-	-	-	-
Comprensive Income & Other	-1.9	-0.01	-	-	-	-
Total Common Equity	28,024	28,531	26,398	23,402	20,068	16,582
Minority Interest	506.94	502.36	486.8	98.33	97.62	15.75
Shareholders' Equity	28,531	29,033	26,884	23,500	20,166	16,598
Total Liabilities & Equity	35,169	38,424	34,059	33,338	29,534	24,754
Total Debt	699.98	513.45	294.38	180.07	92.6	19.6
Net Cash (Debt)	24,314	27,017	24,011	25,012	21,920	18,314
Net Cash Growth	4.22%	12.52%	-4.00%	14.10%	19.69%	94.05%
Net Cash Per Share	4.35	4.85	4.30	4.50	3.94	3.29
Filing Date Shares Outstanding	5,546	5,554	5,561	5,561	5,561	5,561
Total Common Shares Outstanding	5,546	5,554	5,561	5,561	5,561	5,561
Working Capital	21,120	21,838	20,254	18,102	15,120	12,291
Book Value Per Share	5.05	5.14	4.75	4.21	3.61	2.98
Tangible Book Value	26,963	27,463	25,503	22,994	19,653	16,428
Tangible Book Value Per Share	4.86	4.94	4.59	4.14	3.53	2.95
Buildings	3,743	3,382	2,751	2,146	2,128	1,919
Machinery	6,923	6,605	6,012	5,243	4,859	4,102
Construction In Progress	1,448	1,460	1,180	923.16	368.8	493.52

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