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	Jun 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	436.69	425.63	135.59	224.45	149.34	272.69
Trading Asset Securities	111.89	5.72	1.81	30	-	-
Cash & Short-Term Investments	548.58	431.36	137.4	254.45	149.34	272.69
Cash Growth	469.13%	213.94%	-46.00%	70.38%	-45.23%	509.21%
Accounts Receivable	309.43	237.09	212.45	101.97	88.63	105.18
Other Receivables	22.79	19.34	21.26	20.63	12.65	3.28
Receivables	332.22	256.43	233.71	122.6	101.27	108.46
Inventory	203.27	193.57	106.84	85.09	61.01	46.56
Prepaid Expenses	0.09	0.22	-	-	-	-
Other Current Assets	108.16	59.17	89.39	34.83	12.92	17.12
Total Current Assets	1,192	940.75	567.34	496.96	324.54	444.83
Property, Plant & Equipment	2,100	1,991	1,753	823.17	442.73	359.44
Long-Term Investments	23.86	24.45	28.43	29.58	15	-
Goodwill	1.75	1.75	1.75	1.75	1.75	1.75
Other Intangible Assets	283.06	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	20.36	13.88	6.68	3.92	3.72	3.6
Long-Term Deferred Charges	5.74	3.89	0.1	-	-	-
Other Long-Term Assets	169.06	134.06	86.9	126.44	41.31	58.2
Total Assets	3,799	3,286	2,560	1,611	962.49	921.69
Accounts Payable	168.65	158.02	170.98	144.82	107.2	94.97
Accrued Expenses	14.06	17.43	12.18	9.99	7.5	10.47
Short-Term Debt	120.82	133.63	158.18	55.06	-	-
Current Portion of Long-Term Debt	279.88	114.67	75.87	2.7	-	27.54
Current Portion of Leases	62.96	68.76	37.86	22.05	33.97	-
Current Income Taxes Payable	0.29	0.34	2.07	0.26	0.81	0.71
Current Unearned Revenue	3.54	1.93	11.34	0.13	0.06	1.05
Other Current Liabilities	237.05	277.01	327.89	104.19	78.33	56.26
Total Current Liabilities	887.25	771.79	796.38	339.21	227.86	191
Long-Term Debt	1,360	1,037	917.76	501.99	-	22.9
Long-Term Leases	50.42	76.26	51.48	9.96	34.58	34.86
Long-Term Unearned Revenue	49.57	31.6	29.68	32.75	34.08	22.78
Long-Term Deferred Tax Liabilities	1.52	0	-	-	-	-
Other Long-Term Liabilities	-	-	-	-	-	1.2
Total Liabilities	2,349	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	824.84	848.95	442.03	400.08	399.95	399.95
Retained Earnings	317.87	303.69	165.18	167.71	165.95	148.94
Comprensive Income & Other	23.1	29.18	52.53	59.42	0.06	0.05
Total Common Equity	1,324	1,319	762.16	727.2	665.96	648.94
Minority Interest	126.51	49.56	2.04	-	-	-
Shareholders' Equity	1,451	1,369	764.21	727.2	665.96	648.94
Total Liabilities & Equity	3,799	3,286	2,560	1,611	962.49	921.69
Total Debt	1,874	1,430	1,241	591.77	68.55	85.3
Net Cash (Debt)	-1,325	-998.91	-1,104	-337.32	80.8	187.39
Net Cash Growth	-	-	-	-	-56.88%	-
Net Cash Per Share	-6.90	-5.77	-6.38	-2.26	0.58	1.50
Filing Date Shares Outstanding	193.99	193.89	143.39	140	140	140
Total Common Shares Outstanding	193.99	192.73	143.39	140	140	140
Working Capital	305.07	168.96	-229.04	157.75	96.68	253.82
Book Value Per Share	6.82	6.85	5.32	5.19	4.76	4.64
Tangible Book Value	1,039	1,145	649.73	613.16	553.78	593.31
Tangible Book Value Per Share	5.36	5.94	4.53	4.38	3.96	4.24
Buildings	672.93	667.62	320.45	229.81	210.77	200.85
Machinery	1,517	1,485	378.62	275.66	267.17	240.16
Construction In Progress	322.55	167.12	1,259	505.05	120.69	40

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