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

Guangdong TCL Smart Home Appliances 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	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021	Dec 31, 2019
Cash & Equivalents	2,428	2,415	2,485	3,293	4,121	2,663
Short-Term Investments	643.22	555.46	-	-	-	-
Trading Asset Securities	1,812	1,128	250.79	-	664.04	406.63
Cash & Short-Term Investments	4,883	4,098	2,735	3,293	4,785	3,070
Cash Growth	41.01%	49.80%	-16.93%	-31.18%	55.85%	-3.66%
Accounts Receivable	4,297	3,740	2,711	1,238	1,477	1,874
Other Receivables	140.77	118.69	731.32	12.83	12.47	242.65
Receivables	4,438	3,859	3,443	1,251	1,489	2,117
Inventory	1,549	1,541	1,256	891.49	718.51	754.94
Prepaid Expenses	-	-	-	-	0.06	0.93
Other Current Assets	269.24	189.78	205.4	297.62	362.91	266.8
Total Current Assets	11,139	9,687	7,640	5,733	7,355	6,210
Property, Plant & Equipment	2,308	2,182	1,865	948.1	945.65	1,064
Long-Term Investments	226.32	390.95	258.89	226.32	277.32	1,303
Goodwill	6.19	6.19	6.19	0.04	0.04	0.04
Other Intangible Assets	266.19	268.63	273.32	183.73	99.01	160.85
Long-Term Deferred Tax Assets	25.96	19.32	11.04	20.18	157.64	27.78
Long-Term Deferred Charges	-	-	0.32	-	0.08	0.17
Other Long-Term Assets	94.83	18.51	40.99	26.99	32.2	9.58
Total Assets	14,067	12,572	10,096	7,138	8,867	8,775
Accounts Payable	8,286	7,871	6,050	4,062	3,855	2,967
Accrued Expenses	549.92	514.9	370.91	233.32	219.3	208.19
Short-Term Debt	420.42	618.97	805.3	409.93	668	1,100
Current Portion of Long-Term Debt	19.61	18.12	44.81	191.91	444.93	186.91
Current Portion of Leases	34.56	27.16	35.01	23.84	28.21	-
Current Income Taxes Payable	82.12	81.72	55.1	55.15	63.42	47.7
Current Unearned Revenue	353.11	295.19	231.63	170.9	89.67	48.58
Other Current Liabilities	264.94	429.63	460.01	35.24	1,148	347.02
Total Current Liabilities	10,011	9,856	8,053	5,182	6,517	4,906
Long-Term Debt	466.3	212.72	46.46	234.32	349.06	1,298
Long-Term Leases	97.53	61.56	40.58	30.93	7.58	-
Long-Term Unearned Revenue	9.92	9.59	9.15	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	14.38	0.36	0.84
Other Long-Term Liabilities	58.6	49.27	37.18	167.7	168.79	14.17
Total Liabilities	10,646	10,193	8,186	5,629	7,042	6,218
Common Stock	1,084	1,084	1,084	1,084	1,084	1,084
Additional Paid-In Capital	1,584	1,584	1,914	1,656	1,656	1,619
Retained Earnings	-446.24	-1,006	-1,793	-2,083	-1,153	-165.47
Comprensive Income & Other	-262.07	-248.55	-235.92	-220.46	-891.58	15.46
Total Common Equity	1,960	1,414	969.34	436.43	695.66	2,553
Minority Interest	1,461	965.14	939.93	1,072	1,129	3.32
Shareholders' Equity	3,421	2,379	1,909	1,509	1,825	2,557
Total Liabilities & Equity	14,067	12,572	10,096	7,138	8,867	8,775
Total Debt	1,038	938.51	972.15	890.93	1,498	2,585
Net Cash (Debt)	3,845	3,159	1,763	2,402	3,287	485.27
Net Cash Growth	45.98%	79.17%	-26.59%	-26.93%	577.36%	-
Net Cash Per Share	3.57	2.93	1.63	2.10	3.03	0.46
Filing Date Shares Outstanding	1,084	1,084	1,084	1,084	1,084	1,084
Total Common Shares Outstanding	1,084	1,084	1,084	1,084	1,084	1,084
Working Capital	1,128	-169.47	-413.43	550.6	838.9	1,304
Book Value Per Share	1.81	1.30	0.89	0.40	0.64	2.36
Tangible Book Value	1,687	1,139	689.83	252.66	596.61	2,392
Tangible Book Value Per Share	1.56	1.05	0.64	0.23	0.55	2.21
Buildings	1,751	1,736	1,179	650.71	651.95	651.95
Machinery	2,257	2,178	1,974	1,050	1,041	1,261
Construction In Progress	216.5	115.98	391.83	59.47	3.5	-

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