Ganfeng Lithium Group Co., Ltd. (SHE:002460)

Ganfeng Lithium Group 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	7,045	5,945	9,484	9,914	6,332	2,176
Short-Term Investments	-	620.23	1,336	484.83	950	1,805
Trading Asset Securities	12.59	15.49	62.98	215.99	281.36	87.12
Cash & Short-Term Investments	7,057	6,581	10,883	10,615	7,564	4,067
Cash Growth	-27.37%	-39.53%	2.53%	40.34%	85.96%	126.02%
Accounts Receivable	5,723	4,827	6,714	9,903	3,322	1,768
Other Receivables	327	235	63.91	316.43	85.46	64.5
Receivables	6,050	5,062	6,778	10,220	3,407	1,832
Inventory	9,609	8,613	8,264	10,111	3,283	2,215
Other Current Assets	2,812	1,747	2,259	1,020	372.43	660.12
Total Current Assets	25,529	22,003	28,184	31,966	14,627	8,775
Property, Plant & Equipment	36,910	35,947	23,727	14,448	8,862	6,062
Long-Term Investments	16,074	17,500	19,313	15,980	7,751	2,516
Goodwill	182.01	182.01	17.62	17.62	17.62	-
Other Intangible Assets	22,147	21,539	17,957	14,300	5,090	3,562
Long-Term Deferred Tax Assets	1,222	1,163	820.51	653.24	698.47	40.36
Long-Term Deferred Charges	517.77	462.45	110.38	89.54	94.69	93.79
Other Long-Term Assets	1,946	563.35	466.31	1,195	1,629	196.09
Total Assets	104,529	100,832	91,698	79,160	39,057	22,020
Accounts Payable	12,581	12,197	8,932	9,988	2,531	1,043
Accrued Expenses	532.98	617.37	616.01	1,531	540.92	127.71
Short-Term Debt	10,425	9,818	6,529	2,109	1,970	1,631
Current Portion of Long-Term Debt	-	6,924	3,058	1,504	740.58	662.52
Current Portion of Leases	-	34.39	17.73	17.9	11.18	7.17
Current Income Taxes Payable	-	138.02	448.97	2,563	896.84	99.07
Current Unearned Revenue	273.69	174.29	282.31	492.65	150.5	41.03
Other Current Liabilities	10,696	1,766	386.96	449.95	1,368	465.7
Total Current Liabilities	34,510	31,670	20,271	18,655	8,209	4,078
Long-Term Debt	20,316	18,944	17,940	11,059	4,478	4,334
Long-Term Leases	62.08	66.11	12.56	26.2	19.89	24.4
Long-Term Unearned Revenue	705.42	700.27	534.07	275.21	93.74	64.36
Long-Term Deferred Tax Liabilities	1,237	1,243	482.88	133.78	42.35	63.84
Other Long-Term Liabilities	612.57	620.93	141.35	144.6	47.23	38.03
Total Liabilities	57,443	53,244	39,382	30,294	12,890	8,602
Common Stock	2,017	2,017	2,017	2,017	1,437	1,340
Additional Paid-In Capital	10,376	10,349	12,131	12,382	11,954	4,843
Retained Earnings	27,965	28,321	32,004	29,074	9,003	4,191
Treasury Stock	-560.84	-560.84	-350.14	-133.15	-	-
Comprehensive Income & Other	1,605	1,657	1,232	702.55	-501.09	331.47
Total Common Equity	41,402	41,782	47,034	44,043	21,894	10,706
Minority Interest	5,684	5,806	5,282	4,823	4,273	2,713
Shareholders' Equity	47,086	47,588	52,316	48,866	26,167	13,418
Total Liabilities & Equity	104,529	100,832	91,698	79,160	39,057	22,020
Total Debt	30,804	35,787	27,557	14,716	7,219	6,659
Net Cash (Debt)	-23,746	-29,206	-16,674	-4,101	344.57	-2,592
Net Cash Per Share	-11.82	-14.50	-8.29	-2.03	0.18	-1.42
Filing Date Shares Outstanding	1,977	2,051	2,010	2,015	2,012	1,876
Total Common Shares Outstanding	1,977	2,051	2,010	2,015	2,012	1,876
Working Capital	-8,981	-9,667	7,913	13,311	6,418	4,697
Book Value Per Share	20.94	20.37	23.41	21.86	10.88	5.71
Tangible Book Value	19,072	20,061	29,060	29,726	16,786	7,144
Tangible Book Value Per Share	9.65	9.78	14.46	14.75	8.34	3.81
Buildings	-	10,404	7,993	1,279	912.39	741.23
Machinery	-	9,453	6,694	5,166	3,321	2,431
Construction In Progress	-	19,352	11,298	9,548	5,795	3,761

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.