Agricultural Bank of China Limited (VIE: EK7)

VIE: EK7 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,780,032	708,935	554,512	290,893	360,753	348,994
Investment Securities	15,204,604	14,266,116	11,510,009	9,624,424	9,338,332	8,969,783
Trading Asset Securities	521,163	222,522	186,584	181,360	285,897	265,225
Total Investments	15,725,767	14,488,638	11,696,593	9,805,784	9,624,229	9,235,008
Gross Loans	24,688,299	22,564,269	19,720,907	17,135,752	15,136,121	13,329,700
Allowance for Loan Losses	-949,224	-882,855	-782,854	-720,570	-618,009	-540,578
Net Loans	23,739,075	21,681,414	18,938,053	16,415,182	14,518,112	12,789,122
Property, Plant & Equipment	151,821	168,241	163,449	163,490	161,350	163,289
Goodwill	1,381	1,381	1,381	1,381	1,381	1,381
Other Intangible Assets	-	26,800	26,474	26,572	23,494	23,118
Investments in Real Estate	-	2,211	2,193	2,018	2,529	2,730
Accrued Interest Receivable	-	72,765	63,367	56,208	54,154	53,048
Other Receivables	-	131,180	72,812	75,835	98,274	78,765
Restricted Cash	572,869	2,359,006	2,153,612	1,973,077	2,126,330	2,018,692
Other Current Assets	145,289	54,356	83,389	96,504	87,357	30,063
Long-Term Deferred Tax Assets	156,750	160,750	149,930	143,027	133,355	120,952
Other Real Estate Owned & Foreclosed	-	1,405	1,082	899	716	594
Other Long-Term Assets	280,309	10,747	14,252	15,567	10,780	9,943
Total Assets	43,553,293	39,872,989	33,925,488	29,069,155	27,205,047	24,877,491
Accrued Expenses	-	234,928	201,039	172,958	147,158	125,075
Interest Bearing Deposits	35,686,771	29,727,880	25,497,440	22,102,989	20,565,316	19,212,488
Non-Interest Bearing Deposits	-	2,346,706	1,683,473	1,105,856	930,759	904,887
Total Deposits	35,686,771	32,074,586	27,180,913	23,208,845	21,496,075	20,117,375
Short-Term Borrowings	40,694	1,401,239	1,112,237	840,410	66,637	31,548
Current Portion of Long-Term Debt	1,230,683	1,912,608	1,580,682	1,325,233	2,155,211	1,714,377
Current Income Taxes Payable	-	39,523	47,716	61,639	54,340	59,286
Accrued Interest Payable	-	477,379	399,305	320,648	271,342	235,689
Other Current Liabilities	2,128	133,787	152,405	187,505	216,041	120,013
Long-Term Debt	3,010,061	619,771	486,133	435,702	452,295	382,436
Long-Term Leases	-	11,699	10,918	10,067	9,824	10,280
Pension & Post-Retirement Benefits	-	2,474	2,649	2,474	9,431	7,341
Long-Term Deferred Tax Liabilities	778	14	9	655	334	520
Other Long-Term Liabilities	571,889	68,114	77,722	81,660	115,613	119,690
Total Liabilities	40,543,004	36,976,122	31,251,728	26,647,796	24,994,301	22,923,630
Preferred Stock, Convertible	80,000	80,000	80,000	80,000	79,899	79,899
Common Stock	349,983	349,983	349,983	349,983	349,983	349,983
Additional Paid-In Capital	-	-	-	-	173,556	173,556
Retained Earnings	1,960,111	1,844,334	1,668,767	1,498,363	1,335,760	1,193,027
Comprehensive Income & Other	613,628	614,931	569,313	486,259	265,591	151,890
Total Common Equity	2,923,722	2,809,248	2,588,063	2,334,605	2,124,890	1,868,456
Minority Interest	6,567	7,619	5,697	6,754	5,957	5,506
Shareholders' Equity	3,010,289	2,896,867	2,673,760	2,421,359	2,210,746	1,953,861
Total Liabilities & Equity	43,553,293	39,872,989	33,925,488	29,069,155	27,205,047	24,877,491
Total Debt	4,281,438	3,945,317	3,189,970	2,611,412	2,683,967	2,138,641
Net Cash (Debt)	1,454,936	244,866	-305,512	-579,586	-262,879	406,617
Net Cash Growth	-43.77%	-	-	-	-	521.30%
Net Cash Per Share	4.11	0.70	-0.87	-1.66	-0.75	1.16
Filing Date Shares Outstanding	349,983	349,983	349,983	349,983	349,983	349,983
Total Common Shares Outstanding	349,983	349,983	349,983	349,983	349,983	349,983
Book Value Per Share	7.27	6.88	6.37	5.87	5.39	5.00
Tangible Book Value	2,922,341	2,781,067	2,560,208	2,306,652	2,100,015	1,843,957
Tangible Book Value Per Share	7.26	6.80	6.29	5.79	5.31	4.93

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