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	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,295	595.51	519.63	491.81	548.82	313.41
Short-Term Investments	-	-	44.21	-	-	-
Trading Asset Securities	284.89	737.35	1,187	531.19	1,019	480.67
Cash & Short-Term Investments	1,580	1,333	1,751	1,023	1,567	794.08
Cash Growth	3.81%	-23.88%	71.15%	-34.73%	97.38%	425.18%
Accounts Receivable	2,835	2,717	2,048	1,597	1,327	1,370
Other Receivables	31.5	100.85	76.93	125.47	71.44	20.77
Receivables	2,866	2,818	2,125	1,722	1,398	1,390
Inventory	2,236	1,918	1,911	1,653	844.96	833.6
Other Current Assets	499.29	72.4	85	55.84	18.93	70.64
Total Current Assets	7,182	6,141	5,872	4,454	3,829	3,089
Property, Plant & Equipment	2,269	1,936	1,274	862.63	541.92	390.7
Long-Term Investments	1,391	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	284.16	289.43	292.74	258.62	234.93	144.04
Long-Term Deferred Tax Assets	118.41	93.63	86.77	50.03	42.15	34.07
Long-Term Deferred Charges	42.31	-	-	31.26	17.01	19.6
Other Long-Term Assets	193.03	226.26	177.69	108.94	145.18	121.65
Total Assets	11,553	10,113	8,465	6,213	5,206	3,946
Accounts Payable	3,628	3,273	2,644	2,419	1,724	1,683
Accrued Expenses	192.13	354.24	242.87	187.26	165.53	133.99
Short-Term Debt	920.25	324.39	397.37	181.86	97.11	80.11
Current Portion of Long-Term Debt	63.01	19.47	0.8	-	-	-
Current Portion of Leases	-	48	29.2	18.36	-	-
Current Income Taxes Payable	90.52	38.72	5.71	11.58	13.37	4.37
Current Unearned Revenue	83.51	53.81	49.95	39.42	32.97	-
Other Current Liabilities	189.85	70.37	72.92	56.7	24.32	68.48
Total Current Liabilities	5,168	4,182	3,443	2,914	2,058	1,970
Long-Term Debt	1,384	1,253	1,027	-	10.01	-
Long-Term Leases	83.38	99.72	69.51	47.32	-	-
Long-Term Unearned Revenue	13.23	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	17.86	15.09	12.78	8.57	7.84	7.2
Total Liabilities	6,666	5,573	4,633	3,021	2,112	1,997
Common Stock	504.06	501.1	497.57	497.57	501.91	469.46
Additional Paid-In Capital	1,201	1,144	1,039	1,019	1,216	453.44
Retained Earnings	2,945	2,643	2,038	1,644	1,355	1,026
Treasury Stock	-90.49	-69.99	-69.99	-	-	-24.44
Comprehensive Income & Other	196.66	199.39	199.19	-4.09	-3.63	1.05
Total Common Equity	4,756	4,417	3,704	3,157	3,069	1,925
Minority Interest	130.07	123.5	127.7	34.71	24.8	23.6
Shareholders' Equity	4,886	4,541	3,832	3,192	3,094	1,949
Total Liabilities & Equity	11,553	10,113	8,465	6,213	5,206	3,946
Total Debt	2,451	1,744	1,524	247.54	107.12	80.11
Net Cash (Debt)	-870.56	-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	-1.66	-0.78	0.45	1.55	3.06	1.53
Filing Date Shares Outstanding	500.25	498.16	494.48	497.57	501.91	469.46
Total Common Shares Outstanding	500.25	498.01	494.48	497.57	501.91	469.46
Working Capital	2,014	1,959	2,429	1,539	1,772	1,118
Book Value Per Share	9.51	8.87	7.49	6.34	6.12	4.10
Tangible Book Value	4,399	4,054	3,313	2,843	2,801	1,746
Tangible Book Value Per Share	8.79	8.14	6.70	5.71	5.58	3.72
Buildings	-	758.77	423.37	313.8	238.74	211.71
Machinery	-	957	731.6	526.9	377.84	286.67
Construction In Progress	-	524.06	352.48	206.64	133.13	52.89

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