Qingdao Huicheng Environmental Technology Group Co., Ltd. (SHE: 300779)

Qingdao Huicheng Environmental Technology Group 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	308.65	425.63	135.59	224.45	149.34	272.69
Trading Asset Securities	12.15	5.72	1.81	30	-	-
Cash & Short-Term Investments	320.8	431.36	137.4	254.45	149.34	272.69
Cash Growth	-35.93%	213.94%	-46.00%	70.38%	-45.23%	509.21%
Accounts Receivable	301.05	237.09	212.45	101.97	88.63	105.18
Other Receivables	38.79	19.34	21.26	20.63	12.65	3.28
Receivables	339.84	256.43	233.71	122.6	101.27	108.46
Inventory	279.93	193.57	106.84	85.09	61.01	46.56
Prepaid Expenses	-	0.22	-	-	-	-
Other Current Assets	154.74	59.17	89.39	34.83	12.92	17.12
Total Current Assets	1,095	940.75	567.34	496.96	324.54	444.83
Property, Plant & Equipment	2,523	1,991	1,753	823.17	442.73	359.44
Long-Term Investments	26.1	24.45	28.43	29.58	15	-
Goodwill	1.75	1.75	1.75	1.75	1.75	1.75
Other Intangible Assets	292.37	172.63	110.69	112.3	110.44	53.88
Long-Term Accounts Receivable	3.3	3.3	4.8	17	23	-
Long-Term Deferred Tax Assets	22.66	13.88	6.68	3.92	3.72	3.6
Long-Term Deferred Charges	7.08	3.89	0.1	-	-	-
Other Long-Term Assets	324.88	134.06	86.9	126.44	41.31	58.2
Total Assets	4,297	3,286	2,560	1,611	962.49	921.69
Accounts Payable	214.87	158.02	170.98	144.82	107.2	94.97
Accrued Expenses	12.54	17.43	12.18	9.99	7.5	10.47
Short-Term Debt	246.76	133.63	158.18	55.06	-	-
Current Portion of Long-Term Debt	337.08	114.67	75.87	2.7	-	27.54
Current Portion of Leases	-	68.76	37.86	22.05	33.97	-
Current Income Taxes Payable	4.52	0.34	2.07	0.26	0.81	0.71
Current Unearned Revenue	6.53	1.93	11.34	0.13	0.06	1.05
Other Current Liabilities	507.24	277.01	327.89	104.19	78.33	56.26
Total Current Liabilities	1,330	771.79	796.38	339.21	227.86	191
Long-Term Debt	1,418	1,037	917.76	501.99	-	22.9
Long-Term Leases	44.22	76.26	51.48	9.96	34.58	34.86
Long-Term Unearned Revenue	48.02	31.6	29.68	32.75	34.08	22.78
Long-Term Deferred Tax Liabilities	1.13	0	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	1.2
Total Liabilities	2,841	1,917	1,795	883.91	296.52	272.75
Common Stock	194.96	137.66	102.42	100	100	100
Additional Paid-In Capital	828.6	848.95	442.03	400.08	399.95	399.95
Retained Earnings	326.35	303.69	165.18	167.71	165.95	148.94
Comprehensive Income & Other	22.99	29.18	52.53	59.42	0.06	0.05
Total Common Equity	1,336	1,319	762.16	727.2	665.96	648.94
Minority Interest	119.53	49.56	2.04	-	-	-
Shareholders' Equity	1,456	1,369	764.21	727.2	665.96	648.94
Total Liabilities & Equity	4,297	3,286	2,560	1,611	962.49	921.69
Total Debt	2,046	1,430	1,241	591.77	68.55	85.3
Net Cash (Debt)	-1,726	-998.91	-1,104	-337.32	80.8	187.39
Net Cash Growth	-	-	-	-	-56.88%	-
Net Cash Per Share	-8.82	-5.77	-6.38	-2.26	0.58	1.50
Filing Date Shares Outstanding	194	193.89	143.39	140	140	140
Total Common Shares Outstanding	194	192.73	143.39	140	140	140
Working Capital	-234.24	168.96	-229.04	157.75	96.68	253.82
Book Value Per Share	6.89	6.85	5.32	5.19	4.76	4.64
Tangible Book Value	1,042	1,145	649.73	613.16	553.78	593.31
Tangible Book Value Per Share	5.37	5.94	4.53	4.38	3.96	4.24
Buildings	-	667.62	320.45	229.81	210.77	200.85
Machinery	-	1,485	378.62	275.66	267.17	240.16
Construction In Progress	-	167.12	1,259	505.05	120.69	40

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