Founder Holdings Limited (HKG: 0418)

Founder Holdings 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	672.9	749.02	733.32	599.17	363.79	553.87
Short-Term Investments	-	24.31	27.8	41.69	38.7	52.39
Trading Asset Securities	0.89	0.92	1.06	1.07	178.75	0.56
Cash & Short-Term Investments	673.79	774.25	762.17	641.92	581.23	606.82
Cash Growth	6.92%	1.58%	18.73%	10.44%	-4.22%	6.13%
Accounts Receivable	195.59	197.6	197.59	180.08	216.21	195.35
Other Receivables	-	-	-	-	-	1.19
Receivables	195.59	197.6	197.59	180.08	216.21	196.54
Inventory	88.28	89.91	88.43	110.15	75.4	71.13
Prepaid Expenses	68.88	22.87	27.83	29.33	21.2	26.07
Other Current Assets	2.59	3.14	0.74	4.71	6.78	10.12
Total Current Assets	1,029	1,088	1,077	966.18	900.82	910.68
Property, Plant & Equipment	236.69	245.57	260.92	315.73	338.62	327.11
Long-Term Investments	2.61	2.66	2.85	4.67	5.01	5.28
Long-Term Deferred Tax Assets	-	-	-	130.75	125.04	115.79
Other Long-Term Assets	130.36	130.42	143.2	149.48	146.11	150.29
Total Assets	1,399	1,466	1,484	1,567	1,516	1,509
Accounts Payable	59.11	63.4	55.6	64.17	67.95	62.04
Accrued Expenses	-	179.66	226.59	211.75	205.33	191.86
Short-Term Debt	-	-	-	-	-	107.09
Current Portion of Leases	1.28	2.15	3.25	4.26	1.72	1.98
Current Income Taxes Payable	0.3	0.3	0.33	4.51	4.79	7.16
Current Unearned Revenue	58.05	62.64	86.78	87.25	91.05	105.13
Other Current Liabilities	146.51	12.39	14.7	45.5	37.29	35.48
Total Current Liabilities	265.25	320.55	387.24	417.43	408.12	510.73
Long-Term Leases	0.75	1.27	1.1	1.45	0.44	0.46
Long-Term Deferred Tax Liabilities	43.34	44.51	45.33	54.52	60.8	56.57
Total Liabilities	309.34	366.33	433.67	473.41	469.36	567.76
Common Stock	119.98	119.98	119.98	119.98	119.98	119.98
Additional Paid-In Capital	-	921.51	921.51	921.51	921.51	921.51
Retained Earnings	-	-82.36	-148.04	-195.53	-247.04	-309.57
Comprensive Income & Other	969.47	140.97	156.63	247.45	251.81	209.47
Total Common Equity	1,089	1,100	1,050	1,093	1,046	941.38
Shareholders' Equity	1,089	1,100	1,050	1,093	1,046	941.38
Total Liabilities & Equity	1,399	1,466	1,484	1,567	1,516	1,509
Total Debt	2.03	3.43	4.35	5.71	2.16	109.53
Net Cash (Debt)	671.75	770.82	757.82	636.21	579.07	497.28
Net Cash Growth	7.04%	1.72%	19.12%	9.87%	16.45%	21.03%
Net Cash Per Share	0.56	0.64	0.63	0.53	0.48	0.41
Filing Date Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Total Common Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Working Capital	763.88	767.22	689.53	548.75	492.7	399.94
Book Value Per Share	0.91	0.92	0.88	0.91	0.87	0.78
Tangible Book Value	1,089	1,100	1,050	1,093	1,046	941.38
Tangible Book Value Per Share	0.91	0.92	0.88	0.91	0.87	0.78
Land	-	232.08	240.91	287.82	313.92	298.22
Machinery	-	55.16	57.4	67.48	72.68	68.16
Leasehold Improvements	-	20.79	20.96	19.66	16.66	16.88
Order Backlog	-	329.2	260.8	297	283.5	281.4

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