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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	18,539	21,689	18,223	19,814	16,958	13,456
Trading Asset Securities	7,290	5,841	6,082	5,378	5,055	4,878
Cash & Short-Term Investments	25,829	27,530	24,305	25,192	22,012	18,334
Cash Growth	3.74%	13.27%	-3.52%	14.44%	20.07%	93.86%
Accounts Receivable	258.31	223.15	188.4	56.05	41.49	2.46
Other Receivables	19.79	181.57	10.74	7.76	6.47	83.16
Receivables	278.1	404.72	199.13	63.81	47.96	85.63
Inventory	1,912	2,619	2,392	2,227	2,100	1,803
Prepaid Expenses	-	-	-	-	-	10.24
Other Current Assets	134.57	220.54	77.84	96.66	39.85	37.06
Total Current Assets	28,153	30,774	26,974	27,579	24,200	20,269
Property, Plant & Equipment	6,453	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	112.94	210.43	210.43	30.58	30.58	15.09
Other Intangible Assets	846.73	856.99	684.64	376.67	385.3	138.37
Long-Term Deferred Tax Assets	376.34	453.92	653.33	698.41	625.32	383.68
Long-Term Deferred Charges	2.6	4.62	11.02	8.22	4.55	0.09
Other Long-Term Assets	62.8	13.48	95.99	33.86	4.91	5.42
Total Assets	36,008	38,424	34,059	33,338	29,534	24,754
Accounts Payable	1,784	1,861	1,300	2,074	1,415	1,298
Accrued Expenses	516.38	1,151	1,415	1,505	1,819	1,762
Short-Term Debt	293.22	362.65	131.72	104.6	92.6	19.6
Current Portion of Long-Term Debt	37.48	18.6	4.98	-	-	-
Current Portion of Leases	-	12.74	15.29	21.4	-	-
Current Income Taxes Payable	342.64	222.93	328.86	446.64	653.95	522.85
Current Unearned Revenue	1,681	4,527	2,948	4,709	4,452	-
Other Current Liabilities	1,069	779.69	575.54	616.64	648.86	4,375
Total Current Liabilities	5,724	8,936	6,719	9,477	9,080	7,978
Long-Term Debt	62.75	89.27	112.65	-	-	-
Long-Term Leases	32.43	30.19	29.75	54.07	-	-
Long-Term Unearned Revenue	273.64	303.22	279.17	292.36	270.36	177.74
Long-Term Deferred Tax Liabilities	34.89	31.62	33.84	14.76	16.88	-
Total Liabilities	6,127	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	24,232	23,078	21,621	19,046	16,037	12,551
Treasury Stock	-563.74	-250	-	-	-	-
Comprehensive Income & Other	0.78	-0.01	-	-	-	-
Total Common Equity	29,372	28,531	26,398	23,402	20,068	16,582
Minority Interest	508.77	502.36	486.8	98.33	97.62	15.75
Shareholders' Equity	29,881	29,033	26,884	23,500	20,166	16,598
Total Liabilities & Equity	36,008	38,424	34,059	33,338	29,534	24,754
Total Debt	425.88	513.45	294.38	180.07	92.6	19.6
Net Cash (Debt)	25,403	27,017	24,011	25,012	21,920	18,314
Net Cash Growth	4.76%	12.52%	-4.00%	14.10%	19.69%	94.05%
Net Cash Per Share	4.57	4.85	4.30	4.50	3.94	3.29
Filing Date Shares Outstanding	5,464	5,554	5,561	5,561	5,561	5,561
Total Common Shares Outstanding	5,464	5,554	5,561	5,561	5,561	5,561
Working Capital	22,430	21,838	20,254	18,102	15,120	12,291
Book Value Per Share	5.38	5.14	4.75	4.21	3.61	2.98
Tangible Book Value	28,412	27,463	25,503	22,994	19,653	16,428
Tangible Book Value Per Share	5.20	4.94	4.59	4.14	3.53	2.95
Buildings	-	3,382	2,751	2,146	2,128	1,919
Machinery	-	6,605	6,012	5,243	4,859	4,102
Construction In Progress	-	1,460	1,180	923.16	368.8	493.52

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