Huada Automotive Technology Corp.,Ltd (SHA: 603358)

Huada Automotive Technology Corp.,Ltd 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	977.62	1,288	1,167	997.37	994.21	358.4
Trading Asset Securities	-	-	-	12.39	10.03	124.24
Cash & Short-Term Investments	977.62	1,288	1,167	1,010	1,004	482.64
Cash Growth	-26.26%	10.32%	15.62%	0.55%	108.07%	-27.03%
Accounts Receivable	1,012	1,483	1,354	1,038	1,092	313.43
Other Receivables	21.24	29.11	21.86	2.94	11.74	49.45
Receivables	1,033	1,512	1,376	1,041	1,104	362.89
Inventory	1,084	1,223	1,359	1,348	1,015	175.62
Prepaid Expenses	-	35.33	-	-	-	0.67
Other Current Assets	147.27	70.91	130.32	103.27	97.93	21.65
Total Current Assets	3,242	4,129	4,033	3,502	3,221	1,043
Property, Plant & Equipment	1,723	1,655	1,575	1,409	1,232	302.19
Long-Term Investments	813.55	418.99	307.32	274.2	197.41	-
Goodwill	76.62	76.62	76.62	76.62	81.51	23.99
Other Intangible Assets	235.92	239.19	175.94	197.05	213.1	83.07
Long-Term Deferred Tax Assets	61.47	70.34	54.25	41.21	32.96	14.66
Long-Term Deferred Charges	17.29	22.42	25.8	20.19	10.09	6.23
Other Long-Term Assets	161.97	144.08	147.67	129.71	92.47	2.6
Total Assets	6,332	6,756	6,395	5,651	5,080	1,476
Accounts Payable	1,512	2,121	2,306	1,984	1,835	169.05
Accrued Expenses	65.38	94.46	60.85	96.96	93.46	63.59
Short-Term Debt	185.16	247.24	185.15	60.07	30.04	54.42
Current Portion of Long-Term Debt	155.79	52.23	0.08	0.06	-	6
Current Portion of Leases	15.86	16.77	18.36	14.84	-	0.12
Current Income Taxes Payable	17.01	29.14	48.28	22.46	12.78	2.71
Current Unearned Revenue	48.46	40.56	59.99	57.72	38.81	7.65
Other Current Liabilities	199.65	20.39	16.39	8.45	78.51	7
Total Current Liabilities	2,199	2,622	2,695	2,245	2,089	310.54
Long-Term Debt	196	208	54.68	42.68	-	18
Long-Term Leases	52.09	63.09	70.19	58.23	-	0.4
Long-Term Unearned Revenue	42.99	44.8	28.59	37.18	42.17	21.96
Long-Term Deferred Tax Liabilities	62.89	69.87	39.75	14.4	11.66	0.76
Other Long-Term Liabilities	-	-	-	10.83	-	-
Total Liabilities	2,553	3,008	2,888	2,408	2,143	351.65
Common Stock	439.04	439.04	439.04	439.04	313.6	380.2
Additional Paid-In Capital	1,269	1,269	1,269	1,247	1,373	510.54
Retained Earnings	1,656	1,646	1,453	1,324	1,101	228.6
Comprensive Income & Other	-	-	-	-	-	-0.01
Total Common Equity	3,365	3,354	3,162	3,011	2,787	1,119
Minority Interest	413.54	393.88	345.29	231.51	150.22	5.21
Shareholders' Equity	3,778	3,748	3,507	3,242	2,938	1,125
Total Liabilities & Equity	6,332	6,756	6,395	5,651	5,080	1,476
Total Debt	604.9	587.33	328.45	175.89	30.04	78.94
Net Cash (Debt)	372.73	700.54	838.99	833.87	974.2	403.7
Net Cash Growth	-54.99%	-16.50%	0.61%	-14.40%	141.32%	-37.70%
Net Cash Per Share	0.85	1.60	1.90	1.91	2.22	0.76
Filing Date Shares Outstanding	439.04	439.04	439.04	439.04	439.04	439.04
Total Common Shares Outstanding	439.04	439.04	439.04	439.04	439.04	439.04
Working Capital	1,042	1,507	1,338	1,258	1,132	732.94
Book Value Per Share	7.66	7.64	7.20	6.86	6.35	2.55
Tangible Book Value	3,052	3,039	2,909	2,737	2,493	1,012
Tangible Book Value Per Share	6.95	6.92	6.63	6.23	5.68	2.31
Buildings	1,040	894.92	764.69	585.4	579.66	180.89
Machinery	1,822	1,824	1,683	1,523	1,379	328.07
Construction In Progress	75.27	62.78	72.75	110.66	14.1	5.36

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