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	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,494	1,900	920.4	211.7	307.64	141.48
Short-Term Investments	100	101.02	-	-	-	-
Cash & Short-Term Investments	1,594	2,001	920.4	211.7	307.64	141.48
Cash Growth	308.19%	117.43%	334.77%	-31.19%	117.44%	-34.20%
Accounts Receivable	707.29	884.41	283.07	659.84	376.32	315.11
Other Receivables	58.6	29.72	21.17	82.54	64.07	108.33
Receivables	765.89	914.13	304.24	742.39	440.39	423.43
Inventory	1,574	1,641	2,030	2,381	1,521	1,651
Prepaid Expenses	-	-	-	-	5.34	0.88
Other Current Assets	227.04	29.18	230.5	54.6	387.47	42.65
Total Current Assets	4,161	4,586	3,486	3,390	2,662	2,260
Property, Plant & Equipment	496.59	482.13	437.23	107.29	85.27	111.18
Long-Term Investments	351.67	356.61	359.64	362.37	359.65	357.35
Other Intangible Assets	70.12	82.02	114.19	6.94	7.36	12.86
Long-Term Deferred Tax Assets	101.65	29.41	24.27	10.42	16.79	24.41
Long-Term Deferred Charges	0.44	0.5	0.4	-	-	-
Other Long-Term Assets	137.34	0.05	3.55	-	-	-
Total Assets	5,319	5,537	4,425	3,877	3,131	2,766
Accounts Payable	295.36	78.57	69.5	17.1	85.07	117.73
Accrued Expenses	35.33	47.55	36.85	30.62	22.47	23.93
Short-Term Debt	100.06	209.81	51.29	1,071	399.16	224.92
Current Portion of Leases	0.94	1.1	0.96	1.36	-	-
Current Income Taxes Payable	5.43	39.3	19.67	18.17	18.04	7.75
Current Unearned Revenue	50.85	6.16	62.69	10.56	1.58	0.7
Other Current Liabilities	56.35	54.23	77.77	16.66	46.44	26.54
Total Current Liabilities	544.31	436.73	318.74	1,166	572.76	401.55
Long-Term Leases	2.87	3.19	4.06	4.53	-	-
Long-Term Unearned Revenue	7.2	6.63	6.29	0.01	0.19	0.52
Long-Term Deferred Tax Liabilities	4.18	4.3	5.48	5.22	5.24	5.81
Other Long-Term Liabilities	55.21	58.7	52.62	-	0.41	51.34
Total Liabilities	613.77	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	1,600	1,929	1,551	841.91	695.55	455.8
Comprensive Income & Other	64.15	61.1	51.58	37.55	44.82	46.02
Total Common Equity	4,530	4,856	3,885	2,600	2,461	2,223
Minority Interest	175.8	171.23	152.72	101	91.34	83.68
Shareholders' Equity	4,705	5,027	4,038	2,701	2,553	2,306
Total Liabilities & Equity	5,319	5,537	4,425	3,877	3,131	2,766
Total Debt	103.87	214.11	56.31	1,077	399.16	224.92
Net Cash (Debt)	1,490	1,787	864.09	-865.3	-91.52	-83.43
Net Cash Growth	530.65%	106.83%	-	-	-	-
Net Cash Per Share	1.45	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	3,617	4,149	3,167	2,224	2,089	1,858
Book Value Per Share	4.27	4.58	3.96	2.65	2.51	2.27
Tangible Book Value	4,460	4,774	3,771	2,594	2,454	2,210
Tangible Book Value Per Share	4.20	4.50	3.84	2.64	2.50	2.25
Buildings	369.15	362.05	209.11	99.5	95.23	151.73
Machinery	324.23	315.11	211.14	126.34	119.69	172.41
Construction In Progress	29.98	11.5	197.35	8.32	2.81	3.65

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