Tao Heung Holdings Limited (HKG:0573)

Tao Heung 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	213.32	345.15	251.85	457.93	561.24
Short-Term Investments	-	-	-	-	157.95
Cash & Short-Term Investments	213.32	345.15	251.85	457.93	719.19
Cash Growth	-38.20%	37.04%	-45.00%	-36.33%	-2.48%
Accounts Receivable	45.77	55.98	46.64	57.44	26.47
Other Receivables	6.64	-	0.09	2.32	9.28
Receivables	52.41	55.98	46.73	59.75	35.74
Inventory	117.66	132.96	126.36	151.45	163.27
Prepaid Expenses	122.21	100.86	143.34	153.28	14.11
Restricted Cash	-	-	-	-	4.34
Other Current Assets	14.66	14.95	14.52	15.99	15.05
Total Current Assets	520.24	649.89	582.79	838.4	951.72
Property, Plant & Equipment	1,112	1,270	1,393	1,614	1,647
Long-Term Investments	11.56	13.03	12.3	13.95	8.38
Goodwill	36.13	36.56	38.49	40.15	39.56
Long-Term Deferred Tax Assets	125.39	121.69	141.44	123.17	112.58
Other Long-Term Assets	69.69	97.35	105.19	121.48	184.37
Total Assets	1,875	2,189	2,273	2,751	2,944
Accounts Payable	89.83	133.09	127.34	124.15	91.56
Short-Term Debt	-	-	-	31.83	65.17
Current Portion of Long-Term Debt	21.34	37.76	109.83	129.83	207.33
Current Portion of Leases	190.16	176.2	190.44	200.87	215.61
Current Income Taxes Payable	9.73	7.69	3.42	4.06	5.02
Current Unearned Revenue	51.3	61.79	58.72	62.54	53.34
Other Current Liabilities	136.92	160.13	171.32	178.99	159.24
Total Current Liabilities	499.28	576.66	661.06	732.28	797.26
Long-Term Debt	33.75	47.95	-	-	-
Long-Term Leases	158.86	281.91	339.48	439.33	518.32
Long-Term Deferred Tax Liabilities	19.81	18.44	16.94	19.9	19.47
Other Long-Term Liabilities	8.68	9.61	12.37	13.07	14.03
Total Liabilities	720.37	934.56	1,030	1,205	1,349
Common Stock	101.44	101.44	101.44	101.64	101.66
Additional Paid-In Capital	324.85	324.85	324.85	326.43	326.62
Retained Earnings	691.58	774.14	761.09	964.66	1,046
Treasury Stock	-	-	-	-1.78	-0.22
Comprehensive Income & Other	19.04	32.61	34.18	137.68	98.02
Total Common Equity	1,137	1,233	1,222	1,529	1,572
Minority Interest	17.26	21.22	21.57	17.59	22.6
Shareholders' Equity	1,154	1,254	1,243	1,546	1,595
Total Liabilities & Equity	1,875	2,189	2,273	2,751	2,944
Total Debt	404.11	543.81	639.75	801.86	1,006
Net Cash (Debt)	-190.79	-198.66	-387.9	-343.94	-287.24
Net Cash Per Share	-0.19	-0.20	-0.38	-0.34	-0.28
Filing Date Shares Outstanding	1,014	1,014	1,014	1,014	1,016
Total Common Shares Outstanding	1,014	1,014	1,014	1,014	1,016
Working Capital	20.96	73.23	-78.27	106.12	154.46
Book Value Per Share	1.12	1.22	1.20	1.51	1.55
Tangible Book Value	1,101	1,196	1,183	1,488	1,533
Tangible Book Value Per Share	1.09	1.18	1.17	1.47	1.51
Buildings	505.1	508.79	510.14	554.35	519.01
Machinery	713.95	809.47	893.3	999.2	974.1
Construction In Progress	0.19	0.19	0.75	0.05	1.34
Leasehold Improvements	1,318	1,365	1,401	1,475	1,442

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