Loncin Motor Co., Ltd. (SHA: 603766)

Loncin Motor 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	5,677	5,548	3,479	2,667	2,522	2,205
Trading Asset Securities	18.61	55.7	641.47	378.86	343.87	325.74
Cash & Short-Term Investments	5,696	5,603	4,120	3,045	2,866	2,531
Cash Growth	3.07%	35.99%	35.30%	6.28%	13.23%	23.74%
Accounts Receivable	2,029	1,566	1,739	2,204	2,448	2,445
Other Receivables	257.79	216.49	367.29	367.82	525.6	245.46
Receivables	3,140	2,573	2,540	3,370	3,677	3,058
Inventory	788.13	702.56	824.16	1,325	1,050	899.32
Prepaid Expenses	-	-	-	-	-	0.02
Other Current Assets	828.5	873.18	202.68	208.08	213.67	346.94
Total Current Assets	10,452	9,752	7,687	7,949	7,806	6,836
Property, Plant & Equipment	2,627	2,614	3,060	3,154	3,034	3,573
Long-Term Investments	13.86	14.18	31.61	36.98	39.65	40
Goodwill	-	14.31	139.47	361.25	613.22	1,016
Other Intangible Assets	857.15	729.93	847.73	807.28	795.07	883.73
Long-Term Accounts Receivable	-	-	-	76.44	-	-
Long-Term Deferred Tax Assets	124.75	123.88	96.36	87.89	102.88	91.94
Long-Term Deferred Charges	63.75	121.11	125.58	130.62	135.11	94.99
Other Long-Term Assets	578.95	571.99	599.94	614.77	600.83	595.74
Total Assets	14,717	13,942	12,587	13,218	13,126	13,131
Accounts Payable	3,079	2,720	2,152	3,107	2,808	2,943
Accrued Expenses	468.36	485.36	418.37	417.5	308.46	346.35
Short-Term Debt	303	303	310.79	323.6	874.64	878.62
Current Portion of Long-Term Debt	-	-	46.74	68.78	70.93	34.02
Current Portion of Leases	11.77	13.18	14.03	12.35	-	-
Current Income Taxes Payable	57.72	48.72	32.68	54.41	77.6	70.43
Current Unearned Revenue	302.44	253.95	208.51	251.27	214.1	168.25
Other Current Liabilities	1,420	1,390	691.18	744.27	743.87	724.35
Total Current Liabilities	5,642	5,214	3,874	4,979	5,098	5,165
Long-Term Debt	-	-	264.89	155.45	181.28	148.41
Long-Term Leases	26.86	31.99	31.06	45.51	-	-
Long-Term Unearned Revenue	72.12	77.63	208.19	197.14	211.12	208.79
Long-Term Deferred Tax Liabilities	82.13	80.26	81.89	77.58	80.62	80.27
Other Long-Term Liabilities	106.5	109.24	-	-	-	-
Total Liabilities	5,930	5,513	4,460	5,455	5,571	5,602
Common Stock	2,054	2,054	2,054	2,054	2,054	2,054
Additional Paid-In Capital	38.93	38.93	23.45	23.45	23.42	34.61
Retained Earnings	6,377	5,993	5,574	5,170	4,949	4,675
Treasury Stock	-6.08	-6.08	-6.08	-6.08	-12.22	-15.94
Comprensive Income & Other	167	173.59	168.53	164.17	183.47	182.03
Total Common Equity	8,630	8,253	7,813	7,405	7,197	6,929
Minority Interest	157.09	175.6	314.02	357.81	358.13	600.35
Shareholders' Equity	8,787	8,428	8,127	7,763	7,555	7,529
Total Liabilities & Equity	14,717	13,942	12,587	13,218	13,126	13,131
Total Debt	341.63	348.17	667.51	605.7	1,127	1,061
Net Cash (Debt)	5,354	5,255	3,453	2,440	1,739	1,470
Net Cash Growth	10.85%	52.20%	41.53%	40.32%	18.30%	2.21%
Net Cash Per Share	2.57	2.52	1.70	1.20	0.83	0.71
Filing Date Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Total Common Shares Outstanding	2,054	2,054	2,054	2,054	2,054	2,054
Working Capital	4,810	4,538	3,813	2,969	2,708	1,671
Book Value Per Share	4.20	4.02	3.80	3.61	3.50	3.37
Tangible Book Value	7,773	7,508	6,826	6,236	5,789	5,029
Tangible Book Value Per Share	3.79	3.66	3.32	3.04	2.82	2.45
Buildings	2,034	2,003	2,008	1,881	1,855	2,060
Machinery	2,995	2,903	3,155	2,987	2,730	3,144
Construction In Progress	216.13	142.76	317.3	357.87	326.05	198.45

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