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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,166	2,397	2,629	2,903	2,144	803.7
Short-Term Investments	-	-	10	30.06	20.03	-
Trading Asset Securities	1,694	1,126	629.61	1,045	678.04	1,278
Cash & Short-Term Investments	3,861	3,523	3,268	3,978	2,842	2,082
Cash Growth	7.48%	7.78%	-17.85%	39.99%	36.53%	1.24%
Accounts Receivable	249.97	238.76	264.7	294.2	195.48	210.44
Other Receivables	9.74	5.6	8.02	31.73	101.95	36.66
Receivables	270.47	255.89	283.22	325.93	297.43	247.1
Inventory	-	-	-	-	-	0.53
Other Current Assets	41.84	33.17	27.41	50.36	117.26	124.23
Total Current Assets	4,173	3,812	3,579	4,354	3,256	2,453
Property, Plant & Equipment	618.77	634.39	646.74	723.07	866.01	984.88
Long-Term Investments	1,758	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	68.94	69.77	72.14	2.28	7.32	13.27
Long-Term Deferred Tax Assets	90.64	83.26	97.19	114.19	70.07	52.98
Long-Term Deferred Charges	10.4	20.05	5.68	6.91	24.81	18.92
Other Long-Term Assets	208.39	216.8	225.66	204.76	142.5	73.39
Total Assets	6,942	6,637	6,490	7,103	5,388	4,369
Accounts Payable	10.41	22.79	13.04	7.8	6.91	2.1
Accrued Expenses	505.27	570.35	669.37	598.58	350.14	263.68
Current Portion of Long-Term Debt	-	-	-	-	-	27.89
Current Portion of Leases	11.3	10.8	4.15	1.81	-	-
Current Income Taxes Payable	167.39	152.43	217.01	357.26	137.25	91.82
Current Unearned Revenue	495.01	417.45	509.73	584.85	278.56	-
Other Current Liabilities	132.75	129.01	277.33	275.8	199.03	417.67
Total Current Liabilities	1,322	1,303	1,691	1,826	971.89	803.17
Long-Term Debt	-	-	-	-	6.95	35.31
Long-Term Leases	23.74	28.13	3.61	2.11	-	-
Long-Term Unearned Revenue	0.15	0.16	0.68	1.28	0.39	38.91
Long-Term Deferred Tax Liabilities	0.76	0.71	3.46	0.66	30.6	17.17
Other Long-Term Liabilities	49.33	57.34	82.54	213.51	130.14	39.14
Total Liabilities	1,396	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	1,401	1,401	1,334	1,314	1,137	1,107
Retained Earnings	3,435	2,918	2,513	3,208	2,602	1,915
Treasury Stock	-44.73	-	-	-	-	-27.76
Comprensive Income & Other	79.09	73.38	59.71	-14.05	-8.06	4.68
Total Common Equity	4,943	4,464	3,979	4,580	3,803	3,071
Minority Interest	602.9	783.77	730.77	479.48	444.73	364.12
Shareholders' Equity	5,546	5,248	4,710	5,060	4,248	3,435
Total Liabilities & Equity	6,942	6,637	6,490	7,103	5,388	4,369
Total Debt	35.04	38.93	7.76	3.92	6.95	63.2
Net Cash (Debt)	3,826	3,484	3,260	3,974	2,835	2,018
Net Cash Growth	7.81%	6.85%	-17.96%	40.19%	40.46%	2.70%
Net Cash Per Share	53.07	48.40	45.37	55.29	39.50	28.13
Filing Date Shares Outstanding	71.76	72.04	71.87	71.86	71.86	71.86
Total Common Shares Outstanding	72.04	72.04	71.87	71.86	71.86	71.88
Working Capital	2,851	2,509	1,888	2,528	2,285	1,650
Book Value Per Share	68.61	61.96	55.36	63.73	52.92	42.72
Tangible Book Value	4,870	4,390	3,903	4,574	3,792	3,054
Tangible Book Value Per Share	67.60	60.94	54.31	63.65	52.76	42.48
Buildings	776.35	776.35	782.28	819.86	933.43	1,007
Machinery	65.4	60.9	50.67	46.28	41.53	33.23
Construction In Progress	7.65	1.66	-	-	-	0.05

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