Luen Thai Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	72.76	54.87	75.78	93.95	99.15	66.2
Short-Term Investments	27.12	25.29	24.68	32.14	41.01	49.84
Cash & Short-Term Investments	99.88	80.16	100.46	126.09	140.16	116.04
Cash Growth	-4.92%	-20.21%	-20.33%	-10.04%	20.78%	8.12%
Accounts Receivable	118.07	115.36	91.53	73.72	102.05	111.96
Receivables	126.64	123.43	99.77	82.03	114	122.16
Inventory	70.94	55.58	65.29	83.33	72.7	71.46
Restricted Cash	-	-	-	0.03	0.02	0.02
Other Current Assets	20.97	21	21.05	20.98	21.22	5.53
Total Current Assets	318.43	280.17	286.57	312.45	348.08	315.19
Property, Plant & Equipment	107.49	110.59	130.24	148.17	160.45	167.26
Long-Term Investments	4.98	5.08	5.89	6.23	2.14	3.65
Goodwill	42.32	42.32	42.32	42.32	42.32	42.32
Other Intangible Assets	0.91	1.24	1.91	2.58	3.25	3.92
Long-Term Deferred Tax Assets	3.74	3.39	3.46	2.34	2.43	2.99
Other Long-Term Assets	3.07	3.2	4.6	4.99	3.33	3.29
Total Assets	480.92	445.98	475	519.08	562	538.62
Accounts Payable	51.41	41.34	45.12	52.44	82.63	73.5
Accrued Expenses	31.3	32.21	25.06	37.28	34.23	30.42
Short-Term Debt	24.64	21.41	30.94	34.36	24.32	29.05
Current Portion of Long-Term Debt	144.95	122.09	111.16	111.37	120.45	105.95
Current Portion of Leases	2.54	3.2	3.41	5.37	4.83	3.78
Current Income Taxes Payable	10.23	10.63	7.29	6.88	8.28	7.13
Current Unearned Revenue	0.07	0.07	0.11	0.48	0.05	0.6
Other Current Liabilities	29.81	32.25	29.57	31.82	37.48	34.78
Total Current Liabilities	294.95	263.2	252.66	280	312.27	285.19
Long-Term Debt	-	-	0.56	2.78	5	25.6
Long-Term Leases	22.54	19.51	19.93	22.82	26.58	22.41
Pension & Post-Retirement Benefits	4.57	4.35	7.73	8.2	11.18	13.06
Long-Term Deferred Tax Liabilities	2.16	2.21	2.44	2.86	3.1	3.76
Total Liabilities	324.22	289.28	283.31	316.66	358.12	350.02
Common Stock	10.34	10.34	10.34	10.34	10.34	10.34
Retained Earnings	152.67	152.3	183.01	191.79	189.51	178.32
Comprehensive Income & Other	-6.94	-6.69	-2.68	-0.88	1.61	-2.56
Total Common Equity	156.08	155.95	190.67	201.24	201.46	186.1
Minority Interest	0.63	0.75	1.02	1.18	2.41	2.49
Shareholders' Equity	156.71	156.7	191.69	202.42	203.87	188.59
Total Liabilities & Equity	480.92	445.98	475	519.08	562	538.62
Total Debt	194.66	166.22	166	176.69	181.18	186.78
Net Cash (Debt)	-94.78	-86.06	-65.54	-50.6	-41.03	-70.74
Net Cash Per Share	-0.09	-0.08	-0.06	-0.05	-0.04	-0.07
Filing Date Shares Outstanding	1,034	1,034	1,034	1,034	1,034	1,034
Total Common Shares Outstanding	1,034	1,034	1,034	1,034	1,034	1,034
Working Capital	23.47	16.97	33.92	32.45	35.82	30
Book Value Per Share	0.15	0.15	0.18	0.19	0.19	0.18
Tangible Book Value	112.85	112.39	146.44	156.35	155.9	139.87
Tangible Book Value Per Share	0.11	0.11	0.14	0.15	0.15	0.14
Land	-	104.73	108.17	106.21	107.4	93.59
Machinery	-	145.6	157.77	160.34	170.59	184.39
Construction In Progress	-	0.01	0	2.12	1.22	15.44
Leasehold Improvements	-	26.41	27.73	28	28.31	29.31

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