Bank of Ningbo Co., Ltd. (SHE: 002142)

Bank of Ningbo 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	35,334	43,790	39,596	24,483	32,516	22,107
Investment Securities	1,095,688	927,697	795,420	642,396	451,136	407,791
Trading Asset Securities	355,751	370,633	388,223	374,501	338,572	269,152
Total Investments	1,451,439	1,298,330	1,183,643	1,016,897	789,708	676,943
Gross Loans	1,411,110	1,254,635	1,046,002	862,709	691,020	532,695
Allowance for Loan Losses	-44,255	-42,913	-38,564	-33,717	-26,942	-21,121
Net Loans	1,366,855	1,211,722	1,007,438	828,992	664,078	511,574
Property, Plant & Equipment	11,949	12,086	11,792	11,535	7,593	7,772
Goodwill	293	293	293	-	-	-
Other Intangible Assets	3,214	2,912	2,421	1,302	1,199	381
Investments in Real Estate	12	14	24	32	39	39
Accrued Interest Receivable	10,786	10,288	8,272	7,484	5,135	2,208
Other Receivables	5,765	3,534	2,516	1,959	1,485	1,038
Restricted Cash	114,665	109,972	98,009	88,089	86,841	76,965
Other Current Assets	21,406	10,440	4,011	24,815	23,292	12,543
Long-Term Deferred Tax Assets	4,548	6,260	6,941	7,318	7,393	4,858
Other Real Estate Owned & Foreclosed	9	8	8	11	43	49
Other Long-Term Assets	6,564	1,089	157	1,719	6,666	394
Total Assets	3,033,744	2,711,662	2,366,097	2,015,548	1,626,749	1,317,717
Accounts Payable	10,196	10,171	13,485	11,164	7,316	-
Accrued Expenses	2,766	4,794	5,011	4,946	3,521	3,208
Interest Bearing Deposits	1,378,313	1,146,286	919,539	716,200	618,836	469,107
Non-Interest Bearing Deposits	563,597	501,938	465,742	431,415	414,283	338,015
Total Deposits	1,941,910	1,648,224	1,385,281	1,147,615	1,033,119	807,122
Short-Term Borrowings	363,689	382,388	371,119	111,934	66,181	83,062
Current Portion of Long-Term Debt	-	-	-	12,000	-	-
Current Portion of Leases	738	760	729	718	-	-
Current Income Taxes Payable	1,029	402	518	1,449	2,902	2,491
Accrued Interest Payable	27,409	22,434	13,331	9,608	8,211	7,860
Other Current Liabilities	17,097	14,236	25,653	23,372	22,118	13,938
Long-Term Debt	439,185	417,826	367,888	534,025	339,500	282,909
Long-Term Leases	1,985	2,059	2,159	2,284	19,285	10,452
Long-Term Unearned Revenue	-	-	-	267	327	364
Long-Term Deferred Tax Liabilities	-	-	-	30	-	-
Other Long-Term Liabilities	7,912	6,158	12,397	6,201	5,276	5,575
Total Liabilities	2,813,916	2,509,452	2,197,571	1,865,613	1,507,756	1,216,981
Preferred Stock, Convertible	14,810	14,810	14,810	14,810	14,810	14,810
Common Stock	6,604	6,604	6,604	6,604	6,008	5,628
Additional Paid-In Capital	37,611	37,611	37,666	37,695	26,403	18,785
Retained Earnings	140,018	126,369	104,895	85,879	70,159	58,866
Comprehensive Income & Other	19,727	15,801	3,651	4,371	1,100	2,220
Total Common Equity	203,960	186,385	152,816	134,549	103,670	85,499
Minority Interest	1,058	1,015	900	576	513	427
Shareholders' Equity	219,828	202,210	168,526	149,935	118,993	100,736
Total Liabilities & Equity	3,033,744	2,711,662	2,366,097	2,015,548	1,626,749	1,317,717
Total Debt	805,597	803,033	741,895	660,961	424,966	376,423
Net Cash (Debt)	-302,409	-333,514	-243,454	-227,685	-39,654	-58,012
Net Cash Per Share	-45.79	-50.50	-36.86	-37.90	-6.74	-10.78
Filing Date Shares Outstanding	6,604	6,604	6,604	6,604	6,008	5,628
Total Common Shares Outstanding	6,604	6,604	6,604	6,604	6,008	5,628
Book Value Per Share	29.37	26.71	23.14	20.38	17.26	15.19
Tangible Book Value	200,453	183,180	150,102	133,247	102,471	85,118
Tangible Book Value Per Share	28.84	26.23	22.73	20.18	17.06	15.12

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