PAX Global Technology Limited (HKG: 0327)

PAX Global Technology Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,794	2,864	3,160	3,533	3,803	3,230
Short-Term Investments	184.8	55.86	29.87	18.61	25.17	18.6
Cash & Short-Term Investments	2,979	2,919	3,190	3,552	3,828	3,249
Cash Growth	1.36%	-8.48%	-10.18%	-7.22%	17.83%	49.80%
Accounts Receivable	2,821	2,680	2,350	2,082	1,434	1,513
Other Receivables	55.9	98.54	60.71	29.13	-	-
Receivables	2,877	2,778	2,411	2,111	1,434	1,513
Inventory	1,819	1,826	2,527	2,071	1,630	1,301
Prepaid Expenses	-	11.06	25.66	24.4	14	2.18
Restricted Cash	23.61	17.09	16.74	22.09	15.35	115.88
Other Current Assets	89.18	1.47	2.14	9.66	33.7	15.21
Total Current Assets	7,788	7,553	8,173	7,790	6,955	6,197
Property, Plant & Equipment	1,181	1,190	999.94	768	420.38	290.96
Long-Term Investments	135.42	132.27	137.76	147.68	154.29	131.09
Goodwill	13.81	14.24	13.8	14.58	15.74	28.83
Other Intangible Assets	8.52	10.55	13.96	18.33	24.22	27.11
Long-Term Deferred Tax Assets	160.32	168.55	147.12	77.62	57.57	35.97
Other Long-Term Assets	4.56	6.31	4.74	4.97	4.97	4.37
Total Assets	9,291	9,075	9,490	8,821	7,637	6,719
Accounts Payable	1,120	887.13	1,699	1,668	1,371	1,382
Accrued Expenses	2.98	383.84	340.81	327.07	270.18	217.88
Current Portion of Leases	20.08	23.89	20.35	31.95	28.78	23.73
Current Income Taxes Payable	8.8	12.97	100.49	58.54	68.82	170.38
Current Unearned Revenue	-	-	90.5	60.6	46.43	29.26
Other Current Liabilities	419.97	180.98	258.47	117.2	168.85	51.92
Total Current Liabilities	1,571	1,489	2,510	2,264	1,954	1,876
Long-Term Debt	-	-	-	-	-	2.25
Long-Term Leases	78.61	84.33	65.58	84.65	93.81	88.21
Long-Term Deferred Tax Liabilities	5.87	5.5	8.31	11.39	7.95	7.24
Other Long-Term Liabilities	10.54	10.51	1.09	5.14	7.4	6.51
Total Liabilities	1,666	1,589	2,584	2,365	2,063	1,980
Common Stock	107.15	107.02	107.97	109.3	109.28	110.02
Additional Paid-In Capital	1,062	1,058	1,128	1,191	1,243	1,275
Retained Earnings	7,179	6,971	6,246	5,327	4,485	3,835
Treasury Stock	-	-0.04	-	-0.37	-	-
Comprensive Income & Other	-756.11	-678.42	-547.58	-140.06	-235.39	-453.27
Total Common Equity	7,593	7,458	6,935	6,487	5,602	4,766
Minority Interest	31.98	28.11	-28.98	-30.57	-28.37	-26.59
Shareholders' Equity	7,625	7,486	6,906	6,457	5,574	4,739
Total Liabilities & Equity	9,291	9,075	9,490	8,821	7,637	6,719
Total Debt	98.69	108.22	85.93	116.6	122.59	114.2
Net Cash (Debt)	2,880	2,811	3,104	3,435	3,705	3,134
Net Cash Growth	0.86%	-9.44%	-9.63%	-7.30%	18.21%	45.09%
Net Cash Per Share	2.64	2.56	2.80	3.03	3.39	2.85
Filing Date Shares Outstanding	1,071	1,070	1,080	1,089	1,093	1,100
Total Common Shares Outstanding	1,071	1,070	1,080	1,089	1,093	1,100
Working Capital	6,217	6,064	5,664	5,527	5,001	4,321
Book Value Per Share	7.09	6.97	6.42	5.96	5.13	4.33
Tangible Book Value	7,570	7,433	6,907	6,454	5,562	4,710
Tangible Book Value Per Share	7.07	6.95	6.40	5.93	5.09	4.28
Land	-	868.92	7.91	8.55	8.45	7.92
Machinery	-	155.02	128.22	124.69	102.36	79.96
Construction In Progress	-	-	724.02	429.93	76.9	24.62
Leasehold Improvements	-	56.04	15.78	17.45	17.25	13.71

Source: S&P Capital IQ. Standard template. Financial Sources.