Guangdong TCL Smart Home Appliances Co., Ltd. (SHE:002668)

SHE:002668 Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Cash & Equivalents	2,502	2,415	2,485	3,293	4,121
Short-Term Investments	-	555.46	-	-	-
Trading Asset Securities	799.2	1,128	250.79	-	664.04
Cash & Short-Term Investments	3,302	4,098	2,735	3,293	4,785
Cash Growth	-19.43%	49.80%	-16.93%	-31.18%	55.85%
Accounts Receivable	4,450	3,740	2,711	1,238	1,477
Other Receivables	200.55	118.69	731.32	12.83	12.47
Receivables	4,651	3,859	3,443	1,251	1,489
Inventory	1,773	1,541	1,256	891.49	718.51
Prepaid Expenses	-	-	-	-	0.06
Other Current Assets	1,792	189.78	205.4	297.62	362.91
Total Current Assets	11,517	9,687	7,640	5,733	7,355
Property, Plant & Equipment	2,781	2,182	1,865	948.1	945.65
Long-Term Investments	216.32	390.95	258.89	226.32	277.32
Goodwill	6.19	6.19	6.19	0.04	0.04
Other Intangible Assets	265.82	268.63	273.32	183.73	99.01
Long-Term Deferred Tax Assets	36.34	19.32	11.04	20.18	157.64
Long-Term Deferred Charges	-	-	0.32	-	0.08
Other Long-Term Assets	69.92	18.51	40.99	26.99	32.2
Total Assets	14,892	12,572	10,096	7,138	8,867
Accounts Payable	8,892	7,871	6,050	4,062	3,855
Accrued Expenses	307.47	518.74	370.91	233.32	219.3
Short-Term Debt	596.72	618.97	805.3	409.93	668
Current Portion of Long-Term Debt	85.5	17.88	44.81	191.91	444.93
Current Portion of Leases	-	27.16	35.01	23.84	28.21
Current Income Taxes Payable	172.12	81.72	55.1	55.15	63.42
Current Unearned Revenue	380.92	295.19	231.63	170.9	89.67
Other Current Liabilities	547.98	426.03	460.01	35.24	1,148
Total Current Liabilities	10,983	9,856	8,053	5,182	6,517
Long-Term Debt	113.31	212.72	46.46	234.32	349.06
Long-Term Leases	132.18	61.56	40.58	30.93	7.58
Long-Term Unearned Revenue	8.59	9.59	9.15	-	-
Long-Term Deferred Tax Liabilities	-	-	-	14.38	0.36
Other Long-Term Liabilities	112.65	49.27	37.18	167.7	168.79
Total Liabilities	11,350	10,193	8,186	5,629	7,042
Common Stock	1,084	1,084	1,084	1,084	1,084
Additional Paid-In Capital	1,584	1,584	1,914	1,656	1,656
Retained Earnings	13.97	-1,006	-1,793	-2,083	-1,153
Comprehensive Income & Other	-265.5	-248.55	-235.92	-220.46	-891.58
Total Common Equity	2,416	1,414	969.34	436.43	695.66
Minority Interest	1,126	965.14	939.93	1,072	1,129
Shareholders' Equity	3,542	2,379	1,909	1,509	1,825
Total Liabilities & Equity	14,892	12,572	10,096	7,138	8,867
Total Debt	927.71	938.27	972.15	890.93	1,498
Net Cash (Debt)	2,374	3,160	1,763	2,402	3,287
Net Cash Growth	-24.87%	79.18%	-26.59%	-26.93%	577.36%
Net Cash Per Share	2.19	2.93	1.63	2.10	3.03
Filing Date Shares Outstanding	1,085	1,084	1,084	1,084	1,084
Total Common Shares Outstanding	1,085	1,084	1,084	1,084	1,084
Working Capital	533.85	-169.47	-413.43	550.6	838.9
Book Value Per Share	2.23	1.30	0.89	0.40	0.64
Tangible Book Value	2,144	1,139	689.83	252.66	596.61
Tangible Book Value Per Share	1.98	1.05	0.64	0.23	0.55
Buildings	-	1,736	1,179	650.71	651.95
Machinery	-	2,178	1,974	1,050	1,041
Construction In Progress	-	115.98	391.83	59.47	3.5

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