VPower Group International Holdings Limited (FRA:2V3)

FRA:2V3 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	310.2	122.81	131.23	122.35	462.36	978.18
Short-Term Investments	-	132.44	107.68	119.75	127.48	107.18
Trading Asset Securities	-	6.15	-	7.86	-	-
Cash & Short-Term Investments	310.2	261.39	238.91	249.96	589.84	1,085
Cash Growth	22.50%	9.41%	-4.42%	-57.62%	-45.66%	-8.14%
Accounts Receivable	1,693	1,623	1,621	2,906	2,681	621.64
Other Receivables	3.31	4.88	3.41	23.9	8.79	8.01
Receivables	1,696	1,628	1,625	2,930	2,690	629.66
Inventory	622.73	659.56	1,029	1,170	1,263	1,180
Prepaid Expenses	873.29	40.63	25.62	162.95	285.77	212.41
Restricted Cash	12.33	12.32	12.26	11.98	71.1	66.59
Other Current Assets	415.71	1,629	15.4	25.93	77.15	174.25
Total Current Assets	3,931	4,231	2,947	4,550	4,977	3,348
Property, Plant & Equipment	733.57	690.6	2,213	2,565	3,413	3,782
Long-Term Investments	880.73	888.54	991.78	1,736	1,746	1,755
Goodwill	-	-	-	-	81.49	81.49
Other Intangible Assets	-	-	9	39.67	89.32	92.36
Long-Term Accounts Receivable	-	-	-	4.67	4.21	4.25
Long-Term Deferred Tax Assets	2.36	2.88	20.81	15.07	2.43	4.75
Other Long-Term Assets	44.11	47.76	54.17	0.55	36.34	63.86
Total Assets	5,591	5,861	6,236	8,911	10,349	9,131
Accounts Payable	555.6	503.12	518.64	2,046	2,118	802.01
Accrued Expenses	-	398.25	249.98	80.59	82.11	49.59
Short-Term Debt	-	-	8.79	7.64	9.43	-
Current Portion of Long-Term Debt	1,886	2,237	2,708	2,914	1,848	1,169
Current Portion of Leases	74.93	73.28	13.02	14.76	17.13	7.66
Current Income Taxes Payable	3.71	3.17	4.81	6.35	17.78	10.82
Current Unearned Revenue	70.48	116.73	233.78	227.54	115.08	875.32
Other Current Liabilities	1,192	742.62	515.21	335.03	301.46	280.66
Total Current Liabilities	3,782	4,074	4,252	5,631	4,509	3,196
Long-Term Debt	30.06	35.56	50.19	-	1,996	2,029
Long-Term Leases	119.67	155.07	42.39	88.06	100.57	53.25
Long-Term Deferred Tax Liabilities	10.87	11.73	5.55	8.08	41.54	28.11
Other Long-Term Liabilities	3.18	3.26	1.54	43.7	169.55	344.04
Total Liabilities	3,946	4,279	4,352	5,771	6,817	5,650
Common Stock	668.32	668.32	668.32	270.17	270.17	264.69
Additional Paid-In Capital	3,090	3,090	3,090	1,892	1,892	1,802
Retained Earnings	-2,062	-2,082	-1,849	1,005	1,305	1,389
Comprehensive Income & Other	-51.89	-94.74	-25.22	-27.63	7.84	-20.65
Total Common Equity	1,644	1,581	1,884	3,139	3,475	3,436
Minority Interest	0.87	0.49	-0.02	0.65	56.98	45.93
Shareholders' Equity	1,645	1,581	1,884	3,140	3,532	3,481
Total Liabilities & Equity	5,591	5,861	6,236	8,911	10,349	9,131
Total Debt	2,111	2,501	2,823	3,024	3,971	3,259
Net Cash (Debt)	-1,800	-2,239	-2,584	-2,774	-3,381	-2,174
Net Cash Per Share	-0.27	-0.34	-0.69	-1.03	-1.27	-0.84
Filing Date Shares Outstanding	6,669	6,669	6,669	2,688	2,692	2,628
Total Common Shares Outstanding	6,669	6,669	6,669	2,688	2,692	2,628
Working Capital	148.34	157.26	-1,306	-1,081	467.68	152.54
Book Value Per Share	0.25	0.24	0.28	1.17	1.29	1.31
Tangible Book Value	1,644	1,581	1,875	3,100	3,305	3,262
Tangible Book Value Per Share	0.25	0.24	0.28	1.15	1.23	1.24
Land	-	164.86	194.59	180.64	180.23	143.08
Machinery	-	793.24	3,470	3,550	4,307	4,505
Construction In Progress	-	31.34	96.68	79.01	89.11	142.88
Leasehold Improvements	-	10.93	10.83	10.83	11.03	10.96

Source: S&P Global Market Intelligence. Standard template. Financial Sources.