Arctech Solar Holding Co., Ltd. (SHA: 688408)

Arctech Solar Holding 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	1,755	1,954	1,465	1,261	1,571	555.81
Trading Asset Securities	385	520	266.48	772.93	936.52	200
Cash & Short-Term Investments	2,140	2,474	1,731	2,034	2,508	755.81
Cash Growth	17.29%	42.90%	-14.88%	-18.89%	231.77%	27.24%
Accounts Receivable	3,109	2,292	1,719	1,159	1,357	1,085
Other Receivables	25.81	16.01	23.75	9.34	4.46	6.79
Receivables	3,135	2,308	1,743	1,168	1,362	1,092
Inventory	2,476	1,758	757.83	721.28	289.97	197.23
Other Current Assets	350.02	211.39	88.96	205.7	44.73	18.48
Total Current Assets	8,101	6,750	4,321	4,129	4,204	2,063
Property, Plant & Equipment	1,224	1,133	1,014	778.82	310.47	290.46
Long-Term Investments	13.53	10.68	2.44	0.41	-	-
Other Intangible Assets	144.13	146.89	151.81	149.73	99.61	82.15
Long-Term Deferred Tax Assets	99.4	105.72	89.06	61.39	39.67	31.39
Long-Term Deferred Charges	7.38	7.87	10.3	10.65	3.88	4.54
Other Long-Term Assets	38.19	10.75	4.24	33.37	6.02	0.1
Total Assets	9,628	8,165	5,592	5,163	4,664	2,472
Accounts Payable	3,474	3,356	2,070	2,024	1,786	1,213
Accrued Expenses	59.54	91.33	56.38	32.03	34.51	30.98
Short-Term Debt	1,172	609.33	364.06	182.19	65.53	87.82
Current Portion of Leases	10.17	6.17	4.56	4.07	-	-
Current Income Taxes Payable	110.33	54.94	13.75	8.07	30.36	17.02
Current Unearned Revenue	856.44	770.99	284.18	245.69	27.97	-
Other Current Liabilities	91.72	155.71	72.34	138.85	178.29	187.63
Total Current Liabilities	5,774	5,045	2,865	2,635	2,122	1,536
Long-Term Debt	564.63	140.48	100.82	-	-	-
Long-Term Leases	60.47	60.71	24.45	11.32	-	-
Long-Term Unearned Revenue	92.49	96.24	99.57	73.6	57.37	45.6
Long-Term Deferred Tax Liabilities	-	-	-	0.44	1.73	-
Other Long-Term Liabilities	8.99	8.58	2.96	0.58	-	-
Total Liabilities	6,501	5,351	3,093	2,720	2,181	1,582
Common Stock	202.46	135.82	135.72	135.72	135.72	101.79
Additional Paid-In Capital	1,740	1,779	1,754	1,740	1,739	465.41
Retained Earnings	1,245	936.63	605.17	564.81	608.14	322.65
Treasury Stock	-87.02	-64.42	-	-	-	-
Comprehensive Income & Other	22.51	15.13	0.3	0.02	-0.12	-0.03
Total Common Equity	3,123	2,802	2,495	2,440	2,482	889.81
Minority Interest	4.18	12.14	3.88	2.44	0.01	0.01
Shareholders' Equity	3,127	2,815	2,499	2,443	2,482	889.82
Total Liabilities & Equity	9,628	8,165	5,592	5,163	4,664	2,472
Total Debt	1,808	816.68	493.89	197.59	65.53	87.82
Net Cash (Debt)	332	1,657	1,237	1,836	2,442	667.99
Net Cash Growth	-73.47%	33.93%	-32.62%	-24.81%	265.57%	31.21%
Net Cash Per Share	1.62	8.15	6.17	9.01	14.47	4.39
Filing Date Shares Outstanding	200.58	200.49	202.22	202.22	202.22	151.66
Total Common Shares Outstanding	200.58	200.49	202.22	202.22	202.22	151.66
Working Capital	2,327	1,705	1,455	1,494	2,082	526.79
Book Value Per Share	15.57	13.98	12.34	12.07	12.28	5.87
Tangible Book Value	2,979	2,656	2,344	2,291	2,383	807.66
Tangible Book Value Per Share	14.85	13.25	11.59	11.33	11.78	5.33
Buildings	-	576.32	491.81	227.83	168.18	125.72
Machinery	-	548.44	509.74	278.56	171.53	159.23
Construction In Progress	-	130.69	105.68	326.23	22.62	38.31
Order Backlog	-	4,700	-	-	-	-

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