TH International Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	168.87	203.59	239.08	390.84	174.87	260.44
Short-Term Investments	3	23.41	375.84	4.16	5.48	2.68
Cash & Short-Term Investments	171.87	227	614.92	395	180.35	263.12
Cash Growth	-56.15%	-63.08%	55.68%	119.01%	-31.46%	-
Accounts Receivable	31.75	27.56	5.62	9.82	7.98	3.17
Other Receivables	81.37	132.32	79.88	67.91	31.69	14.16
Receivables	113.12	159.88	85.5	77.73	39.67	17.34
Inventory	43.12	50.72	71.47	42.48	11.3	5.73
Prepaid Expenses	164.11	5.98	11.58	29.94	15.26	1.15
Other Current Assets	-	15.05	13.34	40.82	4.3	1.74
Total Current Assets	492.21	458.62	796.81	585.97	250.89	289.08
Property, Plant & Equipment	1,160	1,541	1,667	554.02	235.75	79.44
Other Intangible Assets	107.57	147.45	96.02	77.59	61.9	65.77
Other Long-Term Assets	61.42	68.42	82.27	67.31	31.81	9.7
Total Assets	1,821	2,215	2,642	1,285	580.36	444
Accounts Payable	199.63	228.88	115.36	68.16	19.45	8.86
Accrued Expenses	-	143.6	150.84	94.98	31.02	18.69
Short-Term Debt	-	527.37	386.82	188.96	-	-
Current Portion of Long-Term Debt	393.96	10.86	20.99	3.1	-	-
Current Portion of Leases	177.42	200.88	180.47	-	-	-
Current Income Taxes Payable	-	11.2	6.71	2.33	1.29	0.64
Current Unearned Revenue	56.46	40.71	22.12	14.13	2.86	4.05
Other Current Liabilities	262.47	232.32	434.95	195.63	73.62	33.28
Total Current Liabilities	1,090	1,396	1,318	567.29	128.24	65.52
Long-Term Debt	852.05	425.98	362.88	330.37	-	-
Long-Term Leases	474.95	707.69	820.25	-	-	-
Long-Term Unearned Revenue	5.68	5.27	3.31	0.97	0.53	-
Other Long-Term Liabilities	7.71	103.1	27	47.17	18.53	5.88
Total Liabilities	2,430	2,638	2,532	945.8	147.31	71.4
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,817	1,808	1,472	937.32	644.91	636.54
Retained Earnings	-2,448	-2,256	-1,380	-637.53	-255.81	-113.81
Comprehensive Income & Other	14.9	21.49	17	35.74	39.18	-155.97
Total Common Equity	-616.34	-427.21	108.85	335.54	428.29	366.77
Minority Interest	7.24	4.78	1.45	3.56	4.76	5.83
Shareholders' Equity	-609.11	-422.43	110.3	339.1	433.05	372.59
Total Liabilities & Equity	1,821	2,215	2,642	1,285	580.36	444
Total Debt	1,898	1,873	1,771	522.42	-	-
Net Cash (Debt)	-1,727	-1,646	-1,156	-127.43	180.35	263.12
Net Cash Growth	-	-	-	-	-31.46%	-
Net Cash Per Share	-10.65	-10.67	-9.03	-1.05	1.69	2631.20
Filing Date Shares Outstanding	162.36	158.25	140.94	0.12	0.1	0.1
Total Common Shares Outstanding	162.36	158.25	140.94	0.12	0.1	0.1
Working Capital	-597.72	-937.21	-521.45	18.68	122.65	223.55
Book Value Per Share	-3.80	-2.70	0.77	2875.44	4219.58	3667.66
Tangible Book Value	-723.91	-574.66	12.83	257.94	366.38	300.99
Tangible Book Value Per Share	-4.46	-3.63	0.09	2210.49	3609.70	3009.94
Machinery	-	323.77	257.23	196.04	79.84	28.65
Construction In Progress	-	6	22.97	15.75	4.74	2.59
Leasehold Improvements	-	676.59	602.79	408.35	163.62	45.49

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