China Rare Earth Resources And Technology Co., Ltd. (SHE: 000831)

China Rare Earth Resources And Technology 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,252	1,900	920.4	211.7	307.64	141.48
Short-Term Investments	-	101.02	-	-	-	-
Cash & Short-Term Investments	1,252	2,001	920.4	211.7	307.64	141.48
Cash Growth	99.66%	117.43%	334.77%	-31.19%	117.44%	-34.20%
Accounts Receivable	816.38	884.41	283.07	659.84	376.32	315.11
Other Receivables	2.3	29.72	21.17	82.54	64.07	108.33
Receivables	818.68	914.13	304.24	742.39	440.39	423.43
Inventory	1,857	1,641	2,030	2,381	1,521	1,651
Prepaid Expenses	-	-	-	-	5.34	0.88
Other Current Assets	150.33	29.18	230.5	54.6	387.47	42.65
Total Current Assets	4,078	4,586	3,486	3,390	2,662	2,260
Property, Plant & Equipment	493.08	482.13	437.23	107.29	85.27	111.18
Long-Term Investments	352.47	356.61	359.64	362.37	359.65	357.35
Other Intangible Assets	63.86	82.02	114.19	6.94	7.36	12.86
Long-Term Deferred Tax Assets	94.68	29.41	24.27	10.42	16.79	24.41
Long-Term Deferred Charges	0.4	0.5	0.4	-	-	-
Other Long-Term Assets	136.31	0.05	3.55	-	-	-
Total Assets	5,219	5,537	4,425	3,877	3,131	2,766
Accounts Payable	164.77	78.57	69.5	17.1	85.07	117.73
Accrued Expenses	28.54	47.55	36.85	30.62	22.47	23.93
Short-Term Debt	102.14	209.81	51.29	1,071	399.16	224.92
Current Portion of Leases	0.84	1.1	0.96	1.36	-	-
Current Income Taxes Payable	6.51	39.3	19.67	18.17	18.04	7.75
Current Unearned Revenue	29.48	6.16	62.69	10.56	1.58	0.7
Other Current Liabilities	67.8	54.23	77.77	16.66	46.44	26.54
Total Current Liabilities	400.09	436.73	318.74	1,166	572.76	401.55
Long-Term Leases	2.72	3.19	4.06	4.53	-	-
Long-Term Unearned Revenue	7.92	6.63	6.29	0.01	0.19	0.52
Long-Term Deferred Tax Liabilities	4.14	4.3	5.48	5.22	5.24	5.81
Other Long-Term Liabilities	55.88	58.7	52.62	-	0.41	51.34
Total Liabilities	470.76	509.56	387.19	1,175	578.6	459.21
Common Stock	1,061	1,061	980.89	980.89	980.89	980.89
Additional Paid-In Capital	1,804	1,804	1,301	740.08	740.08	740.08
Retained Earnings	1,642	1,929	1,551	841.91	695.55	455.8
Comprehensive Income & Other	67	61.1	51.58	37.55	44.82	46.02
Total Common Equity	4,574	4,856	3,885	2,600	2,461	2,223
Minority Interest	174.14	171.23	152.72	101	91.34	83.68
Shareholders' Equity	4,748	5,027	4,038	2,701	2,553	2,306
Total Liabilities & Equity	5,219	5,537	4,425	3,877	3,131	2,766
Total Debt	105.71	214.11	56.31	1,077	399.16	224.92
Net Cash (Debt)	1,147	1,787	864.09	-865.3	-91.52	-83.43
Net Cash Growth	102.71%	106.83%	-	-	-	-
Net Cash Per Share	1.09	1.81	0.88	-0.88	-0.09	-0.09
Filing Date Shares Outstanding	1,061	1,061	980.89	980.89	980.89	980.89
Total Common Shares Outstanding	1,061	1,061	980.89	980.89	980.89	980.89
Working Capital	3,678	4,149	3,167	2,224	2,089	1,858
Book Value Per Share	4.31	4.58	3.96	2.65	2.51	2.27
Tangible Book Value	4,510	4,774	3,771	2,594	2,454	2,210
Tangible Book Value Per Share	4.25	4.50	3.84	2.64	2.50	2.25
Buildings	-	362.05	209.11	99.5	95.23	151.73
Machinery	-	315.11	211.14	126.34	119.69	172.41
Construction In Progress	-	11.5	197.35	8.32	2.81	3.65

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