China Automotive Systems, Inc. (CAAS)

China Automotive Systems Balance Sheet

Financials in millions USD. 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	107.09	114.66	121.22	131.7	97.25	76.72
Short-Term Investments	-	11.08	12.86	1.76	10.14	5.83
Cash & Short-Term Investments	107.09	125.74	134.08	133.45	107.39	82.55
Cash Growth	12.00%	-6.22%	0.47%	24.27%	30.09%	-20.54%
Accounts Receivable	288.13	269.41	224.32	210.34	234.14	233.01
Receivables	288.13	269.41	224.32	210.34	234.14	233.01
Inventory	107.44	112.39	112.24	116.49	88.33	82.93
Restricted Cash	41.29	40.53	37.74	27.8	30.81	29.69
Other Current Assets	26.11	16	12.35	13.3	14.99	13.14
Total Current Assets	570.06	564.08	520.72	501.38	475.66	441.31
Property, Plant & Equipment	100.1	101.64	107.08	127.86	141.26	140.86
Long-Term Investments	57.36	68.82	59.81	45.1	54.45	39.64
Other Intangible Assets	9.04	13.1	10.83	12.54	12.5	11.7
Long-Term Deferred Tax Assets	-	8.9	7.65	10.11	13.85	15.29
Other Long-Term Assets	48.43	9.91	8.26	19.76	9.84	11.36
Total Assets	784.99	766.44	714.35	716.76	707.56	660.16
Accounts Payable	254	253.58	235.11	228.05	225.25	186.67
Accrued Expenses	11.2	36.72	38.66	29.1	35.69	29.3
Short-Term Debt	46.58	48.01	45.67	47.59	36.58	46.35
Current Portion of Long-Term Debt	-	-	-	-	7.66	3.88
Current Portion of Leases	-	0.2	0.23	1.24	4.25	0.12
Current Income Taxes Payable	-	2.29	0.68	0.31	0.13	0.16
Current Unearned Revenue	10.8	8.63	5.65	2.4	1.48	1.3
Other Current Liabilities	57.45	34.31	38.19	43.11	43.43	36
Total Current Liabilities	380.04	383.74	364.2	351.82	354.48	303.78
Long-Term Debt	-	1.22	0.53	-	-	12.12
Long-Term Leases	-	0.05	0.26	0.02	1.28	0.27
Long-Term Deferred Tax Liabilities	-	3.94	4.01	4.38	4.28	4.25
Other Long-Term Liabilities	6.2	9.06	17.95	23.1	27.61	30.18
Total Liabilities	386.24	398.02	386.94	379.32	387.65	350.6
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	69.72	63.73	63.73	63.73	64.27	64.47
Retained Earnings	312.09	296.68	259.03	237.84	226.79	232.56
Treasury Stock	-7.7	-7.7	-7.7	-5.26	-5.26	-4.26
Comprehensive Income & Other	-11.23	-8.26	-3.41	24.72	17.41	-3.46
Total Common Equity	362.89	344.46	311.65	321.03	303.22	289.31
Minority Interest	35.86	23.96	15.76	16.41	16.69	20.25
Shareholders' Equity	398.75	368.42	327.42	337.44	319.92	309.56
Total Liabilities & Equity	784.99	766.44	714.35	716.76	707.56	660.16
Total Debt	46.58	49.48	46.68	48.86	49.77	62.73
Net Cash (Debt)	60.52	76.26	87.4	84.59	57.62	19.82
Net Cash Growth	5.87%	-12.74%	3.31%	46.81%	190.78%	-35.07%
Net Cash Per Share	2.00	2.53	2.85	2.74	1.85	0.63
Filing Date Shares Outstanding	30.19	30.19	30.19	30.85	30.85	31.17
Total Common Shares Outstanding	30.19	30.19	30.19	30.85	30.85	31.17
Working Capital	190.03	180.34	156.52	149.56	121.17	137.53
Book Value Per Share	12.02	11.41	10.32	10.41	9.83	9.28
Tangible Book Value	353.85	331.37	300.82	308.49	290.72	277.61
Tangible Book Value Per Share	11.72	10.98	9.97	10.00	9.42	8.91
Buildings	63.22	64.39	64.93	69.55	61.04	51.77
Machinery	255.76	252.15	249.94	265.25	244.83	210.62
Construction In Progress	11.6	11.82	8.24	6.58	20.81	33.06

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