Western Superconducting Technologies Co., Ltd. (SHA: 688122)

Western Superconducting Technologies 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	1,376	1,483	2,113	2,597	471.69	780.3
Trading Asset Securities	730.75	1,184	1,174	100	315.35	202.1
Cash & Short-Term Investments	2,106	2,667	3,287	2,697	787.04	982.4
Cash Growth	-11.22%	-18.85%	21.84%	242.73%	-19.89%	15.19%
Accounts Receivable	3,996	3,344	3,441	2,715	2,116	1,448
Other Receivables	9.06	90.25	19.74	47.28	31.41	31
Receivables	4,005	3,435	3,461	2,762	2,148	1,479
Inventory	3,631	3,342	2,380	1,599	1,139	1,025
Prepaid Expenses	-	3.21	1.45	0.3	0.03	0.58
Other Current Assets	146.3	46.07	36.79	37.52	15.47	20.97
Total Current Assets	9,888	9,493	9,166	7,096	4,089	3,508
Property, Plant & Equipment	2,105	1,946	1,380	1,196	1,024	972.42
Long-Term Investments	206.98	206.75	165.11	149.24	98.89	38.71
Other Intangible Assets	282.83	291.38	179.37	171.37	155.71	171.32
Long-Term Deferred Tax Assets	112.66	101.33	95.11	81.77	73.74	61.82
Long-Term Deferred Charges	-	-	-	17.61	17.98	18.28
Other Long-Term Assets	81.41	45.57	320.83	46.05	80.14	32.17
Total Assets	12,677	12,084	11,306	8,758	5,540	4,803
Accounts Payable	2,155	1,524	1,513	848.49	539.98	556.96
Accrued Expenses	145.76	467.33	375.69	311.18	173.65	92.04
Short-Term Debt	597.89	727.65	981.89	1,001	1,033	661.05
Current Portion of Long-Term Debt	1,076	435.92	276.58	38.02	-	116.64
Current Portion of Leases	-	3.46	1.66	-	-	-
Current Income Taxes Payable	64.99	22.45	3.95	35.89	30.86	6.39
Current Unearned Revenue	191.28	141.56	183.54	267.66	174.45	-
Other Current Liabilities	27.31	100.82	69.86	78.22	47.44	188.95
Total Current Liabilities	4,258	3,423	3,406	2,581	2,000	1,622
Long-Term Debt	966.29	1,553	1,178	445.66	383.16	318.12
Long-Term Leases	0.16	-	1.71	-	-	-
Long-Term Unearned Revenue	358.05	354.91	342.22	288.21	270.06	247.22
Long-Term Deferred Tax Liabilities	15.21	16.28	17.08	-	0.05	0.31
Total Liabilities	5,597	5,348	4,945	3,315	2,653	2,188
Common Stock	649.66	649.66	464.05	464.05	441.27	441.27
Additional Paid-In Capital	3,620	3,577	3,731	3,718	1,755	1,753
Retained Earnings	2,227	2,078	1,789	1,173	608.32	369.93
Comprehensive Income & Other	27.25	20.4	12.13	5.58	4.14	4.2
Total Common Equity	6,524	6,325	5,996	5,361	2,809	2,569
Minority Interest	555.94	411.44	364.59	82.6	78.25	46.86
Shareholders' Equity	7,080	6,736	6,361	5,443	2,887	2,615
Total Liabilities & Equity	12,677	12,084	11,306	8,758	5,540	4,803
Total Debt	2,640	2,720	2,440	1,485	1,417	1,096
Net Cash (Debt)	-533.69	-53.26	846.25	1,213	-629.55	-113.42
Net Cash Growth	-	-	-30.21%	-	-	-
Net Cash Per Share	-0.82	-0.08	1.30	1.96	-1.02	-0.20
Filing Date Shares Outstanding	649.66	649.66	649.66	649.66	617.78	617.78
Total Common Shares Outstanding	649.66	649.66	649.66	649.66	617.78	617.78
Working Capital	5,631	6,070	5,760	4,515	2,090	1,886
Book Value Per Share	10.04	9.74	9.23	8.25	4.55	4.16
Tangible Book Value	6,241	6,033	5,817	5,189	2,653	2,397
Tangible Book Value Per Share	9.61	9.29	8.95	7.99	4.29	3.88
Buildings	-	465.1	396.44	387.83	387.89	377.25
Machinery	-	1,788	1,489	1,278	1,160	1,011
Construction In Progress	-	536.41	220.97	158.51	15.84	51.51

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