The Sincere Company, Limited (HKG:0244)

The Sincere Company Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Feb 28, 2021
Cash & Equivalents	10.95	92.69	98.19	54.09	87.95
Trading Asset Securities	0.85	3.69	1.38	2.31	5.77
Cash & Short-Term Investments	11.79	96.38	99.57	56.4	93.71
Cash Growth	-87.76%	-3.20%	76.54%	-39.82%	355.96%
Receivables	0.8	2.05	1.55	1.09	2.12
Inventory	37.62	29.84	29.37	34.4	42.93
Prepaid Expenses	15.88	33.85	32.23	26.38	26.93
Restricted Cash	11.22	11.28	84.28	102.15	103.72
Other Current Assets	-	-	2.18	30.08	4.91
Total Current Assets	77.31	173.4	249.17	250.5	274.33
Property, Plant & Equipment	16.08	189.26	218.73	263.99	231.05
Long-Term Investments	6.17	4.13	4.04	3.81	24.24
Other Long-Term Assets	244.39	225.83	210.75	195.16	42.29
Total Assets	343.94	592.62	682.69	713.46	571.9
Accrued Expenses	0.16	0.06	0.2	-	-
Short-Term Debt	-	71.9	260.26	159	150
Current Portion of Long-Term Debt	8.57	86.61	143.23	146.71	164.85
Current Portion of Leases	7.32	11.29	28.72	54.86	93.72
Current Income Taxes Payable	0.03	0.02	0.02	-	-
Current Unearned Revenue	1.42	1.38	1.32	2.12	0.73
Other Current Liabilities	64.04	81.88	55.72	68.78	108.71
Total Current Liabilities	81.54	253.13	489.47	431.47	518.01
Long-Term Debt	157.55	211	0.55	0.54	1.13
Long-Term Leases	6.32	0.62	10.84	39.56	20.43
Other Long-Term Liabilities	4.36	0.64	7.12	4.66	3.93
Total Liabilities	251.55	467.07	509.05	476.23	543.5
Common Stock	469.98	469.98	469.98	469.98	469.98
Retained Earnings	322.64	320.59	-511.28	-467.06	-499.77
Treasury Stock	-	-	-	-	-130.22
Comprehensive Income & Other	-746.02	-709.44	169.01	185.93	157.03
Total Common Equity	46.59	81.13	127.71	188.85	-2.98
Minority Interest	45.8	44.42	45.93	48.38	31.38
Shareholders' Equity	92.39	125.54	173.64	237.23	28.41
Total Liabilities & Equity	343.94	592.62	682.69	713.46	571.9
Total Debt	179.77	381.42	443.59	400.66	430.12
Net Cash (Debt)	-167.98	-285.04	-344.02	-344.26	-336.41
Net Cash Per Share	-0.13	-0.22	-0.26	-0.28	-0.32
Filing Date Shares Outstanding	1,314	1,314	1,314	1,314	1,054
Total Common Shares Outstanding	1,314	1,314	1,314	1,314	1,054
Working Capital	-4.23	-79.73	-240.3	-180.97	-243.68
Book Value Per Share	0.04	0.06	0.10	0.14	-0.00
Tangible Book Value	46.59	81.13	127.71	188.85	-2.98
Tangible Book Value Per Share	0.04	0.06	0.10	0.14	-0.00
Buildings	-	21.24	21.72	22.8	20.7
Machinery	14.65	14.71	16.14	17.89	18.6
Leasehold Improvements	42.44	41.49	40.86	58.16	73.01

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