Loongson Technology Corporation Limited (SHA: 688047)

Loongson Technology Corporation 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	294.6	498.37	696.34	306.33	545.34	693.25
Trading Asset Securities	877.81	951.54	1,185	-	-	-
Cash & Short-Term Investments	1,172	1,450	1,881	306.33	545.34	693.25
Cash Growth	-31.48%	-22.93%	514.11%	-43.83%	-21.34%	317.80%
Accounts Receivable	521.85	537.53	678.97	495.8	325.89	118.54
Other Receivables	15.07	68.47	27.06	17.62	2.54	16.65
Receivables	536.92	606	706.04	513.42	328.43	135.19
Inventory	969.99	968.22	745.64	437.44	339.28	152.49
Prepaid Expenses	0.01	1.59	1.87	4.72	0.46	6.41
Other Current Assets	184.94	241.73	306.77	102.79	34.84	6.38
Total Current Assets	2,864	3,267	3,642	1,365	1,248	993.72
Property, Plant & Equipment	311.51	333.46	350.57	347.91	227.86	40.64
Long-Term Investments	27.41	28.32	16.69	14.06	12.07	44.82
Other Intangible Assets	219.38	221.87	99.2	118.41	58.53	47.44
Long-Term Deferred Tax Assets	148.43	110.9	53.88	30.12	26.74	17.73
Long-Term Deferred Charges	175.68	138.66	191.12	109.26	78.73	34.52
Other Long-Term Assets	21.6	11.43	15.33	5.01	4.03	0.77
Total Assets	3,768	4,112	4,368	1,989	1,656	1,180
Accounts Payable	120.09	105.02	147.77	139.03	116.43	73.41
Accrued Expenses	108.11	184.27	157.56	158.01	99.95	59.26
Short-Term Debt	-	90.6	-	-	-	0.2
Current Portion of Leases	7.6	8.45	8.98	6.84	-	-
Current Income Taxes Payable	-	1.12	0.87	10.56	12.65	3.03
Current Unearned Revenue	35.17	35.65	16.64	27.27	94.46	0.4
Other Current Liabilities	14.75	17.61	17.49	23.74	22.02	59.8
Total Current Liabilities	285.73	442.71	349.32	365.44	345.51	196.1
Long-Term Leases	1.59	2.97	11.52	13.01	-	-
Long-Term Unearned Revenue	149.81	100.12	100.54	203.58	169.36	35.62
Long-Term Deferred Tax Liabilities	16.05	17.36	16.44	15.17	12.01	2.14
Other Long-Term Liabilities	-	-	-	-	-	57.48
Total Liabilities	453.17	563.16	477.82	597.2	526.88	291.34
Common Stock	401	401	401	360	360	292.73
Additional Paid-In Capital	3,131	3,119	3,095	692.31	668.44	567.55
Retained Earnings	-172.21	66.32	390.4	338.65	102.62	32.17
Treasury Stock	-39.69	-33.07	-	-	-	-
Comprensive Income & Other	-4.92	-4.32	3.99	1.32	-1.63	-4.5
Total Common Equity	3,315	3,549	3,891	1,392	1,129	887.95
Minority Interest	-	-	-	-	-	0.35
Shareholders' Equity	3,315	3,549	3,891	1,392	1,129	888.3
Total Liabilities & Equity	3,768	4,112	4,368	1,989	1,656	1,180
Total Debt	9.19	102.02	20.5	19.85	-	0.2
Net Cash (Debt)	1,163	1,348	1,861	286.48	545.34	693.05
Net Cash Growth	-31.30%	-27.56%	549.52%	-47.47%	-21.31%	317.68%
Net Cash Per Share	2.88	3.35	5.03	0.80	1.52	2.22
Filing Date Shares Outstanding	400.53	400.61	401	360	360	292.73
Total Common Shares Outstanding	400.53	400.61	401	360	360	292.73
Working Capital	2,579	2,825	3,292	999.27	902.84	797.62
Book Value Per Share	8.28	8.86	9.70	3.87	3.14	3.03
Tangible Book Value	3,096	3,327	3,791	1,274	1,071	840.51
Tangible Book Value Per Share	7.73	8.30	9.45	3.54	2.97	2.87
Buildings	179.73	179.73	176.04	176.04	109.98	-
Machinery	323.52	315.16	280.12	237.14	147.94	79.19
Construction In Progress	7.29	7.29	5.91	1.88	24.09	0.75

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