Luen Thai Holdings Limited (HKG:0311)

Luen Thai Holdings Balance Sheet

Financials in millions USD. 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	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	126.64	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
Other Intangible Assets	43.23	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	51.44	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	-	21.41	30.94	34.36	24.32	29.05
Current Portion of Long-Term Debt	169.59	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	29.79	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
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

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.