Goertek Inc. (SHE: 002241)

Goertek 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	16,288	14,737	12,683	10,049	7,788	3,613
Trading Asset Securities	728.8	587.45	338.66	119.27	250.79	46.91
Cash & Short-Term Investments	17,016	15,325	13,022	10,168	8,039	3,660
Cash Growth	27.98%	17.69%	28.07%	26.48%	119.66%	50.99%
Accounts Receivable	14,649	12,573	14,444	11,964	10,045	8,147
Other Receivables	79.63	89.26	96.44	374.67	56.28	60.25
Receivables	14,728	12,662	14,541	12,339	10,101	8,207
Inventory	14,289	10,795	17,349	12,082	9,171	5,296
Other Current Assets	3,135	1,259	651.95	573.32	818.42	540.6
Total Current Assets	49,169	40,041	45,563	35,162	28,129	17,704
Property, Plant & Equipment	23,456	24,992	24,464	20,581	16,753	13,042
Long-Term Investments	1,731	1,674	1,379	1,227	694.72	606.38
Goodwill	605.03	605.03	16.86	16.86	16.86	17.83
Other Intangible Assets	3,202	3,280	2,721	2,763	2,730	2,397
Long-Term Accounts Receivable	-	-	-	0.12	0.12	-
Long-Term Deferred Tax Assets	1,568	1,609	1,462	495.12	275.56	197.68
Long-Term Deferred Charges	488.16	858.85	698.74	450.15	260.19	440.24
Other Long-Term Assets	1,158	683.64	964.14	383.78	257.47	255.6
Total Assets	81,378	73,744	77,269	61,079	49,118	34,660
Accounts Payable	25,088	22,121	30,599	21,272	17,324	9,675
Accrued Expenses	880.38	1,299	1,141	1,163	1,207	846.44
Short-Term Debt	10,699	5,214	7,121	4,285	3,190	6,154
Current Portion of Long-Term Debt	3,597	945.54	992.79	400	-	501.42
Current Portion of Leases	-	126.51	102.83	101.41	-	-
Current Income Taxes Payable	281.3	29.6	174.98	254.14	131.73	89.08
Current Unearned Revenue	2,882	3,473	2,295	2,211	772.03	104.67
Other Current Liabilities	205.26	233.76	294.07	115.97	111.16	187.17
Total Current Liabilities	43,633	33,442	42,721	29,803	22,736	17,558
Long-Term Debt	2,698	6,631	2,206	2,204	5,786	343.65
Long-Term Leases	455.92	518.16	470.7	210.21	-	-
Long-Term Unearned Revenue	565.98	519.08	532.37	540.32	538.92	396.78
Long-Term Deferred Tax Liabilities	656.59	757.98	906.54	389.93	323.07	232.9
Other Long-Term Liabilities	356.75	348.06	172.26	-	-	-
Total Liabilities	48,366	42,217	47,009	33,148	29,384	18,531
Common Stock	3,417	3,420	3,420	3,416	3,275	3,245
Additional Paid-In Capital	9,165	8,998	10,281	9,478	3,812	2,997
Retained Earnings	20,548	18,710	17,962	16,825	12,876	10,345
Treasury Stock	-674.82	-278.53	-2,292	-2,292	-516.01	-395.76
Comprehensive Income & Other	-118.54	-39.38	122.38	-100.15	205.68	-84.5
Total Common Equity	32,338	30,811	29,494	27,328	19,653	16,107
Minority Interest	673.68	716.97	765.97	603.64	80.42	22.04
Shareholders' Equity	33,011	31,528	30,260	27,931	19,734	16,129
Total Liabilities & Equity	81,378	73,744	77,269	61,079	49,118	34,660
Total Debt	17,451	13,436	10,893	7,201	8,976	7,000
Net Cash (Debt)	-434.43	1,889	2,128	2,967	-936.63	-3,340
Net Cash Growth	-	-11.27%	-28.27%	-	-	-
Net Cash Per Share	-0.13	0.56	0.63	0.89	-0.29	-1.04
Filing Date Shares Outstanding	3,378	3,383	3,346	3,342	3,250	3,194
Total Common Shares Outstanding	3,378	3,408	3,346	3,342	3,250	3,194
Working Capital	5,536	6,599	2,842	5,359	5,393	146.02
Book Value Per Share	9.57	9.04	8.81	8.18	6.05	5.04
Tangible Book Value	28,530	26,925	26,756	24,548	16,906	13,692
Tangible Book Value Per Share	8.45	7.90	8.00	7.35	5.20	4.29
Buildings	-	11,443	9,847	8,909	7,121	5,964
Machinery	-	24,156	22,372	17,682	14,413	11,157
Construction In Progress	-	2,071	2,424	2,127	2,079	1,539

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