Shenzhen Megmeet Electrical Co., LTD (SHE: 002851)

Shenzhen Megmeet Electrical Co., LTD 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	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,329	595.51	519.63	491.81	548.82	313.41
Short-Term Investments	86.65	-	44.21	-	-	-
Trading Asset Securities	584.45	737.35	1,187	531.19	1,019	480.67
Cash & Short-Term Investments	2,000	1,333	1,751	1,023	1,567	794.08
Cash Growth	24.29%	-23.88%	71.15%	-34.73%	97.38%	425.18%
Accounts Receivable	2,952	2,717	2,048	1,597	1,327	1,370
Other Receivables	114.05	100.85	76.93	125.47	71.44	20.77
Receivables	3,066	2,818	2,125	1,722	1,398	1,390
Inventory	1,909	1,918	1,911	1,653	844.96	833.6
Other Current Assets	74.43	72.4	85	55.84	18.93	70.64
Total Current Assets	7,049	6,141	5,872	4,454	3,829	3,089
Property, Plant & Equipment	2,148	1,936	1,274	862.63	541.92	390.7
Long-Term Investments	1,387	1,354	663.05	392.36	362.25	112.94
Goodwill	73.46	73.46	98.5	55.2	33.62	34.7
Other Intangible Assets	285.25	289.43	292.74	258.62	234.93	144.04
Long-Term Deferred Tax Assets	97.98	93.63	86.77	50.03	42.15	34.07
Long-Term Deferred Charges	41.98	-	-	31.26	17.01	19.6
Other Long-Term Assets	191.29	226.26	177.69	108.94	145.18	121.65
Total Assets	11,274	10,113	8,465	6,213	5,206	3,946
Accounts Payable	3,355	3,273	2,644	2,419	1,724	1,683
Accrued Expenses	247.81	354.24	242.87	187.26	165.53	133.99
Short-Term Debt	990	324.39	397.37	181.86	97.11	80.11
Current Portion of Long-Term Debt	23.17	19.47	0.8	-	-	-
Current Portion of Leases	41.79	48	29.2	18.36	-	-
Current Income Taxes Payable	29.73	38.72	5.71	11.58	13.37	4.37
Current Unearned Revenue	69.27	53.81	49.95	39.42	32.97	-
Other Current Liabilities	224.66	70.37	72.92	56.7	24.32	68.48
Total Current Liabilities	4,981	4,182	3,443	2,914	2,058	1,970
Long-Term Debt	1,376	1,253	1,027	-	10.01	-
Long-Term Leases	89.18	99.72	69.51	47.32	-	-
Long-Term Unearned Revenue	13.76	15.19	22.59	34.54	28.98	18.73
Long-Term Deferred Tax Liabilities	-	8.39	58.48	16.4	7.65	1.41
Other Long-Term Liabilities	17.29	15.09	12.78	8.57	7.84	7.2
Total Liabilities	6,477	5,573	4,633	3,021	2,112	1,997
Common Stock	502.97	501.1	497.57	497.57	501.91	469.46
Additional Paid-In Capital	1,193	1,144	1,039	1,019	1,216	453.44
Retained Earnings	2,849	2,643	2,038	1,644	1,355	1,026
Treasury Stock	-69.99	-69.99	-69.99	-	-	-24.44
Comprensive Income & Other	194.09	199.39	199.19	-4.09	-3.63	1.05
Total Common Equity	4,668	4,417	3,704	3,157	3,069	1,925
Minority Interest	128.89	123.5	127.7	34.71	24.8	23.6
Shareholders' Equity	4,797	4,541	3,832	3,192	3,094	1,949
Total Liabilities & Equity	11,274	10,113	8,465	6,213	5,206	3,946
Total Debt	2,520	1,744	1,524	247.54	107.12	80.11
Net Cash (Debt)	-519.6	-411.49	227.34	775.47	1,460	713.97
Net Cash Growth	-	-	-70.68%	-46.89%	104.52%	498.89%
Net Cash Per Share	-0.99	-0.78	0.45	1.55	3.06	1.53
Filing Date Shares Outstanding	499.88	498.16	494.48	497.57	501.91	469.46
Total Common Shares Outstanding	499.88	498.01	494.48	497.57	501.91	469.46
Working Capital	2,068	1,959	2,429	1,539	1,772	1,118
Book Value Per Share	9.34	8.87	7.49	6.34	6.12	4.10
Tangible Book Value	4,310	4,054	3,313	2,843	2,801	1,746
Tangible Book Value Per Share	8.62	8.14	6.70	5.71	5.58	3.72
Buildings	810.44	758.77	423.37	313.8	238.74	211.71
Machinery	1,081	957	731.6	526.9	377.84	286.67
Construction In Progress	652.48	524.06	352.48	206.64	133.13	52.89

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