Tristate Holdings Limited (HKG:0458)

Tristate Holdings Balance Sheet

Financials in millions HKD. 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	466.55	462.66	301.36	378.91	358.61
Cash & Short-Term Investments	466.55	462.66	301.36	378.91	358.61
Cash Growth	0.84%	53.52%	-20.47%	5.66%	25.67%
Accounts Receivable	453.05	568.96	492.05	435.91	282.04
Other Receivables	11.46	11.23	30.94	20.45	32.06
Receivables	464.5	580.19	522.99	456.36	314.1
Inventory	794.13	750.41	872.3	539.72	402.53
Prepaid Expenses	32.84	29.16	24.31	26.19	23.08
Other Current Assets	26.73	21.31	33.87	29.7	30.37
Total Current Assets	1,785	1,844	1,755	1,431	1,129
Property, Plant & Equipment	561.82	587.39	552.25	538.22	626.54
Long-Term Investments	13.52	7.49	7.49	3.65	3.65
Other Intangible Assets	575.46	630.93	719.71	400.75	439.81
Long-Term Deferred Tax Assets	19.84	17	17.57	16.86	8.27
Other Long-Term Assets	20.86	29.81	23.32	22.62	31.61
Total Assets	2,976	3,117	3,076	2,415	2,241
Accounts Payable	329.01	444.48	437.32	344.12	218.26
Accrued Expenses	463.74	456.42	459.45	348.7	308.39
Short-Term Debt	-	32.75	107.01	42.03	54.29
Current Portion of Leases	108.42	101.6	96.67	78.78	86.1
Current Income Taxes Payable	53.24	44.06	93.14	64.51	30.1
Current Unearned Revenue	22	27.37	27.65	11.04	0.48
Other Current Liabilities	0.58	0.43	3.89	1.78	-
Total Current Liabilities	976.98	1,107	1,225	890.96	697.62
Long-Term Debt	-	-	-	-	4.4
Long-Term Leases	124.47	145.2	126.62	117.07	153.59
Long-Term Deferred Tax Liabilities	42.63	40.98	39.17	33.11	27.78
Other Long-Term Liabilities	545.33	592.41	624.78	310.3	286.62
Total Liabilities	1,720	1,912	2,037	1,379	1,203
Common Stock	27.26	27.16	27.16	27.16	27.16
Additional Paid-In Capital	280.95	280.08	280.08	280.08	280.08
Retained Earnings	687.7	603.08	556.62	517.15	492.09
Comprehensive Income & Other	231.55	269.88	156.29	201.55	236.66
Total Common Equity	1,227	1,180	1,020	1,026	1,036
Minority Interest	28.47	24.86	19.33	10.28	2.21
Shareholders' Equity	1,256	1,205	1,039	1,036	1,038
Total Liabilities & Equity	2,976	3,117	3,076	2,415	2,241
Total Debt	232.89	279.55	330.3	237.88	298.37
Net Cash (Debt)	233.66	183.1	-28.93	141.04	60.24
Net Cash Growth	27.61%	-	-	134.12%	914.14%
Net Cash Per Share	0.85	0.67	-0.11	0.52	0.22
Filing Date Shares Outstanding	272.6	271.61	271.61	271.61	271.61
Total Common Shares Outstanding	272.6	271.61	271.61	271.61	271.61
Working Capital	807.77	736.6	529.7	539.92	431.07
Book Value Per Share	4.50	4.35	3.76	3.78	3.81
Tangible Book Value	651.99	549.28	300.45	625.19	596.18
Tangible Book Value Per Share	2.39	2.02	1.11	2.30	2.20
Land	54.85	54.82	54.18	56.01	62.02
Buildings	365.18	384.08	387.36	424.16	421.67
Machinery	259.21	254.41	250.01	264.52	275.18
Construction In Progress	8.53	6.65	0.37	6.61	7.56
Leasehold Improvements	534.68	516.96	472.4	438.59	426.12

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