Goertek Inc. (SHE:002241)

Goertek Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Cash & Equivalents	21,744	17,466	14,737	12,683	10,049	7,788
Trading Asset Securities	892.09	1,101	587.45	338.66	119.27	250.79
Cash & Short-Term Investments	22,636	18,567	15,325	13,022	10,168	8,039
Cash Growth	29.79%	21.16%	17.69%	28.07%	26.48%	119.66%
Accounts Receivable	8,726	18,040	12,573	14,444	11,964	10,045
Other Receivables	97.7	99.98	89.26	96.44	374.67	56.28
Receivables	8,824	18,140	12,662	14,541	12,339	10,101
Inventory	10,746	10,479	10,795	17,349	12,082	9,171
Other Current Assets	1,795	2,253	1,259	651.95	573.32	818.42
Total Current Assets	44,002	49,440	40,041	45,563	35,162	28,129
Property, Plant & Equipment	24,146	24,032	24,992	24,464	20,581	16,753
Long-Term Investments	3,099	1,793	1,674	1,379	1,227	694.72
Goodwill	605.03	605.03	605.03	16.86	16.86	16.86
Other Intangible Assets	2,853	3,051	3,280	2,721	2,763	2,730
Long-Term Accounts Receivable	-	-	-	-	0.12	0.12
Long-Term Deferred Tax Assets	1,564	1,674	1,609	1,462	495.12	275.56
Long-Term Deferred Charges	600.58	537.63	858.85	698.74	450.15	260.19
Other Long-Term Assets	1,649	1,575	683.64	964.14	383.78	257.47
Total Assets	78,519	82,707	73,744	77,269	61,079	49,118
Accounts Payable	18,532	25,922	22,121	30,599	21,272	17,324
Accrued Expenses	684.71	1,357	1,300	1,141	1,163	1,207
Short-Term Debt	11,889	7,713	5,214	7,121	4,285	3,190
Current Portion of Long-Term Debt	4,314	4,638	945.54	992.79	400	-
Current Portion of Leases	-	285.21	126.51	102.83	101.41	-
Current Income Taxes Payable	290	212.21	29.6	174.98	254.14	131.73
Current Unearned Revenue	3,300	4,052	3,473	2,295	2,211	772.03
Other Current Liabilities	356.57	776.56	232.72	294.07	115.97	111.16
Total Current Liabilities	39,366	44,957	33,442	42,721	29,803	22,736
Long-Term Debt	2,347	1,341	6,631	2,206	2,204	5,786
Long-Term Leases	609.36	668.97	518.16	470.7	210.21	-
Long-Term Unearned Revenue	511.98	517.91	519.08	532.37	540.32	538.92
Long-Term Deferred Tax Liabilities	553.9	721.37	757.98	906.54	389.93	323.07
Other Long-Term Liabilities	618	452.29	348.06	172.26	-	-
Total Liabilities	44,007	48,659	42,217	47,009	33,148	29,384
Common Stock	3,491	3,486	3,420	3,420	3,416	3,275
Additional Paid-In Capital	10,434	10,293	8,998	10,281	9,478	3,812
Retained Earnings	20,986	20,524	18,710	17,962	16,825	12,876
Treasury Stock	-674.82	-674.82	-278.53	-2,292	-2,292	-516.01
Comprehensive Income & Other	-558.99	-442.21	-39.38	122.38	-100.15	205.68
Total Common Equity	33,678	33,186	30,811	29,494	27,328	19,653
Minority Interest	834.4	861.74	716.97	765.97	603.64	80.42
Shareholders' Equity	34,512	34,048	31,528	30,260	27,931	19,734
Total Liabilities & Equity	78,519	82,707	73,744	77,269	61,079	49,118
Total Debt	19,159	14,647	13,436	10,893	7,201	8,976
Net Cash (Debt)	3,477	3,921	1,889	2,128	2,967	-936.63
Net Cash Growth	31.92%	107.59%	-11.27%	-28.27%	-	-
Net Cash Per Share	1.01	1.15	0.56	0.63	0.89	-0.29
Filing Date Shares Outstanding	3,451	3,451	3,383	3,346	3,342	3,250
Total Common Shares Outstanding	3,451	3,447	3,408	3,346	3,342	3,250
Working Capital	4,635	4,483	6,599	2,842	5,359	5,393
Book Value Per Share	9.76	9.63	9.04	8.81	8.18	6.05
Tangible Book Value	30,220	29,530	26,925	26,756	24,548	16,906
Tangible Book Value Per Share	8.76	8.57	7.90	8.00	7.35	5.20
Buildings	-	12,290	11,443	9,847	8,909	7,121
Machinery	-	25,127	24,156	22,372	17,682	14,413
Construction In Progress	-	1,397	2,071	2,424	2,127	2,079

Updated Oct 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.