Balance Sheet

Current Liabilities	3.7B
Accounts Payable	2B
Accrued Liabilities	51.3m
Short-Term Debt	1.5B
Other Current Liabilities	208.1m
Non-Current Liabilities	621.9m
Long-Term Debt	308.9m
Other Non-Current Liabilities	313m

Currency: CNY

	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022
Assets
Cash & Cash Equivalents	77	61	133	443	295	769
Cash	0	0	0	0	295	769
Cash Equivalents	77	61	133	443	0	0
Short-Term Investments	0	0	0	285	23	473
Total Receivables	584	572	670	847	1 355	1 604
Accounts Receivables	526	499	509	626	890	1 310
Other Receivables	57	72	161	221	465	294
Inventory	102	102	109	165	302	352
Other Current Assets	86	70	79	57	70	252
Total Current Assets	848	805	992	1 797	2 045	3 450
PP&E Net	343	356	344	398	1 422	2 579
PP&E Gross	343	356	344	398	1 422	2 579
Accumulated Depreciation	230	269	311	356	443	594
Intangible Assets	18	18	19	35	38	74
Long-Term Investments	0	0	0	0	11	6
Other Long-Term Assets	11	17	20	22	53	98
Total Assets	1 220 N/A	1 195 -2%	1 375 +15%	2 252 +64%	3 570 +59%	6 207 +74%
Liabilities
Accounts Payable	462	388	436	526	1 307	1 770
Accrued Liabilities	64	51	37	44	43	48
Short-Term Debt	264	276	347	496	859	1 425
Current Portion of Long-Term Debt	16	8	0	0	25	72
Other Current Liabilities	17	9	10	18	35	81
Total Current Liabilities	822	732	830	1 083	2 268	3 396
Long-Term Debt	13	0	0	0	24	192
Deferred Income Tax	4	4	3	3	7	15
Minority Interest	0	0	0	0	0	17
Other Liabilities	0	0	1	19	65	221
Total Liabilities	839 N/A	735 -12%	835 +14%	1 105 +32%	2 364 +114%	3 841 +62%
Equity
Common Stock	129	129	129	172	172	415
Retained Earnings	39	91	145	250	309	348
Additional Paid In Capital	213	240	267	725	725	1 603
Unrealized Security Profit/Loss	0	0	0	0	1	0
Total Equity	381 N/A	460 +21%	540 +18%	1 147 +112%	1 206 +5%	2 366 +96%
Total Liabilities & Equity	1 220 N/A	1 195 -2%	1 375 +15%	2 252 +64%	3 570 +59%	6 207 +74%
Shares Outstanding
Common Shares Outstanding	129	129	129	172	310	415

Guangdong Kingshine Electronic Technology Co Ltd
SZSE:300903