Luen Thai Holdings Limited (HKG:0311)

Luen Thai Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	54.87	75.78	93.95	99.15	66.2
Short-Term Investments	25.29	24.68	32.14	41.01	49.84
Cash & Short-Term Investments	80.16	100.46	126.09	140.16	116.04
Cash Growth	-20.21%	-20.33%	-10.04%	20.78%	8.12%
Accounts Receivable	115.36	91.53	73.72	102.05	111.96
Receivables	123.43	99.77	82.03	114	122.16
Inventory	55.58	65.29	83.33	72.7	71.46
Restricted Cash	-	-	0.03	0.02	0.02
Other Current Assets	21	21.05	20.98	21.22	5.53
Total Current Assets	280.17	286.57	312.45	348.08	315.19
Property, Plant & Equipment	110.59	130.24	148.17	160.45	167.26
Long-Term Investments	5.08	5.89	6.23	2.14	3.65
Goodwill	42.32	42.32	42.32	42.32	42.32
Other Intangible Assets	1.24	1.91	2.58	3.25	3.92
Long-Term Deferred Tax Assets	3.39	3.46	2.34	2.43	2.99
Other Long-Term Assets	3.2	4.6	4.99	3.33	3.29
Total Assets	445.98	475	519.08	562	538.62
Accounts Payable	41.34	45.12	52.44	82.63	73.5
Accrued Expenses	32.21	25.06	37.28	34.23	30.42
Short-Term Debt	21.41	30.94	34.36	24.32	29.05
Current Portion of Long-Term Debt	122.09	111.16	111.37	120.45	105.95
Current Portion of Leases	3.2	3.41	5.37	4.83	3.78
Current Income Taxes Payable	10.63	7.29	6.88	8.28	7.13
Current Unearned Revenue	0.07	0.11	0.48	0.05	0.6
Other Current Liabilities	32.25	29.57	31.82	37.48	34.78
Total Current Liabilities	263.2	252.66	280	312.27	285.19
Long-Term Debt	-	0.56	2.78	5	25.6
Long-Term Leases	19.51	19.93	22.82	26.58	22.41
Long-Term Deferred Tax Liabilities	2.21	2.44	2.86	3.1	3.76
Total Liabilities	289.28	283.31	316.66	358.12	350.02
Common Stock	10.34	10.34	10.34	10.34	10.34
Retained Earnings	152.3	183.01	191.79	189.51	178.32
Comprehensive Income & Other	-6.69	-2.68	-0.88	1.61	-2.56
Total Common Equity	155.95	190.67	201.24	201.46	186.1
Minority Interest	0.75	1.02	1.18	2.41	2.49
Shareholders' Equity	156.7	191.69	202.42	203.87	188.59
Total Liabilities & Equity	445.98	475	519.08	562	538.62
Total Debt	166.22	166	176.69	181.18	186.78
Net Cash (Debt)	-86.06	-65.54	-50.6	-41.03	-70.74
Net Cash Per Share	-0.08	-0.06	-0.05	-0.04	-0.07
Filing Date Shares Outstanding	1,034	1,034	1,034	1,034	1,034
Total Common Shares Outstanding	1,034	1,034	1,034	1,034	1,034
Working Capital	16.97	33.92	32.45	35.82	30
Book Value Per Share	0.15	0.18	0.19	0.19	0.18
Tangible Book Value	112.39	146.44	156.35	155.9	139.87
Tangible Book Value Per Share	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

Updated Sep 17, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.