G-bits Network Technology (Xiamen) Co., Ltd. (SHA: 603444)

G-bits Network Technology (Xiamen) 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	2,221	2,397	2,629	2,903	2,144	803.7
Short-Term Investments	-	-	10	30.06	20.03	-
Trading Asset Securities	1,119	1,126	629.61	1,045	678.04	1,278
Cash & Short-Term Investments	3,340	3,523	3,268	3,978	2,842	2,082
Cash Growth	3.92%	7.78%	-17.85%	39.99%	36.53%	1.24%
Accounts Receivable	189.29	238.76	264.7	294.2	195.48	210.44
Other Receivables	37.4	5.6	8.02	31.73	101.95	36.66
Receivables	279.55	255.89	283.22	325.93	297.43	247.1
Inventory	-	-	-	-	-	0.53
Other Current Assets	329.28	33.17	27.41	50.36	117.26	124.23
Total Current Assets	3,949	3,812	3,579	4,354	3,256	2,453
Property, Plant & Equipment	598.85	634.39	646.74	723.07	866.01	984.88
Long-Term Investments	1,826	1,785	1,844	1,694	1,017	768.2
Goodwill	3.81	3.81	3.81	3.81	3.81	3.81
Other Intangible Assets	69.45	69.77	72.14	2.28	7.32	13.27
Long-Term Deferred Tax Assets	85.63	83.26	97.19	114.19	70.07	52.98
Long-Term Deferred Charges	8.82	20.05	5.68	6.91	24.81	18.92
Other Long-Term Assets	162.87	216.8	225.66	204.76	142.5	73.39
Total Assets	6,713	6,637	6,490	7,103	5,388	4,369
Accounts Payable	159.98	22.79	13.04	7.8	6.91	2.1
Accrued Expenses	380.02	570.35	669.37	598.58	350.14	263.68
Current Portion of Long-Term Debt	-	-	-	-	-	27.89
Current Portion of Leases	11.87	10.8	4.15	1.81	-	-
Current Income Taxes Payable	194.07	152.43	217.01	357.26	137.25	91.82
Current Unearned Revenue	458.27	417.45	509.73	584.85	278.56	-
Other Current Liabilities	46.98	129.01	277.33	275.8	199.03	417.67
Total Current Liabilities	1,251	1,303	1,691	1,826	971.89	803.17
Long-Term Debt	-	-	-	-	6.95	35.31
Long-Term Leases	21.91	28.13	3.61	2.11	-	-
Long-Term Unearned Revenue	0.18	0.16	0.68	1.28	0.39	38.91
Long-Term Deferred Tax Liabilities	0.81	0.71	3.46	0.66	30.6	17.17
Other Long-Term Liabilities	47.1	57.34	82.54	213.51	130.14	39.14
Total Liabilities	1,321	1,389	1,781	2,044	1,140	933.7
Common Stock	72.04	72.04	71.87	71.86	71.86	71.88
Additional Paid-In Capital	1,398	1,401	1,334	1,314	1,137	1,107
Retained Earnings	3,252	2,918	2,513	3,208	2,602	1,915
Treasury Stock	-52.17	-	-	-	-	-27.76
Comprehensive Income & Other	65.31	73.38	59.71	-14.05	-8.06	4.68
Total Common Equity	4,735	4,464	3,979	4,580	3,803	3,071
Minority Interest	656.69	783.77	730.77	479.48	444.73	364.12
Shareholders' Equity	5,392	5,248	4,710	5,060	4,248	3,435
Total Liabilities & Equity	6,713	6,637	6,490	7,103	5,388	4,369
Total Debt	33.77	38.93	7.76	3.92	6.95	63.2
Net Cash (Debt)	3,307	3,484	3,260	3,974	2,835	2,018
Net Cash Growth	4.17%	6.85%	-17.96%	40.19%	40.46%	2.70%
Net Cash Per Share	45.84	48.40	45.37	55.29	39.50	28.13
Filing Date Shares Outstanding	72.28	72.04	71.87	71.86	71.86	71.86
Total Common Shares Outstanding	72.28	72.04	71.87	71.86	71.86	71.88
Working Capital	2,698	2,509	1,888	2,528	2,285	1,650
Book Value Per Share	65.52	61.96	55.36	63.73	52.92	42.72
Tangible Book Value	4,662	4,390	3,903	4,574	3,792	3,054
Tangible Book Value Per Share	64.50	60.94	54.31	63.65	52.76	42.48
Buildings	-	776.35	782.28	819.86	933.43	1,007
Machinery	-	60.9	50.67	46.28	41.53	33.23
Construction In Progress	-	1.66	-	-	-	0.05

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