BOE Varitronix Limited (HKG:0710)

BOE Varitronix 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	3,074	3,501	2,819	2,267	1,628	1,538
Short-Term Investments	421.74	60.24	123.43	54.45	55.6	38.28
Trading Asset Securities	405.83	15.41	0.07	1.24	-	-
Cash & Short-Term Investments	3,902	3,576	2,942	2,323	1,683	1,577
Cash Growth	65.34%	21.55%	26.67%	38.00%	6.76%	16.42%
Accounts Receivable	2,530	2,211	2,006	1,616	1,034	806.15
Other Receivables	296.14	258.89	70.83	31.35	41.08	20.53
Receivables	2,826	2,470	2,077	1,648	1,075	826.68
Inventory	1,803	1,947	1,568	832.62	503.39	533.2
Other Current Assets	41.64	103.43	23.45	50.18	45.54	37.13
Total Current Assets	8,572	8,097	6,611	4,853	3,307	2,974
Property, Plant & Equipment	2,057	1,760	1,490	583.43	467.05	504.22
Long-Term Investments	41.88	41.9	50.51	40.61	8.81	10.45
Goodwill	-	-	-	11.49	-	-
Other Intangible Assets	27.39	25.06	22.17	38.46	4.57	5.27
Long-Term Deferred Tax Assets	38.87	8.84	11.29	0.65	10.28	10.28
Other Long-Term Assets	70.86	101.26	98.27	15.33	32.14	29.34
Total Assets	10,808	10,034	8,283	5,543	3,830	3,533
Accounts Payable	4,241	3,808	2,940	1,652	799.2	585.21
Accrued Expenses	-	664.72	267.78	276.79	101.1	134.15
Current Portion of Long-Term Debt	174.49	236.44	636.29	-	-	-
Current Portion of Leases	11.88	8.16	7.39	11.51	9.5	6.74
Current Income Taxes Payable	8.82	13.93	65.32	17.48	0.06	0.52
Current Unearned Revenue	24.42	291.37	186.25	210.42	127.38	34.88
Total Current Liabilities	5,753	5,023	4,103	2,168	1,037	761.5
Long-Term Debt	432.2	383.5	30.91	-	-	-
Long-Term Leases	17.27	13.91	4.4	11.04	9.93	3.14
Long-Term Unearned Revenue	186.19	200.5	18.91	5.28	7.23	8.91
Long-Term Deferred Tax Liabilities	2.85	3.47	9.98	13.17	8.29	8.18
Total Liabilities	6,392	5,624	4,167	2,198	1,063	781.73
Common Stock	197.89	197.89	197.85	184.04	183.79	183.79
Additional Paid-In Capital	2,382	2,532	2,712	2,030	2,028	2,028
Retained Earnings	1,965	1,788	1,302	680.32	439.84	562.05
Comprehensive Income & Other	-187.56	-164.1	-147.8	138.03	58.53	-22.18
Total Common Equity	4,357	4,354	4,065	3,032	2,710	2,751
Minority Interest	59.39	56.12	51.08	313.2	57.22	-
Shareholders' Equity	4,417	4,410	4,116	3,346	2,767	2,751
Total Liabilities & Equity	10,808	10,034	8,283	5,543	3,830	3,533
Total Debt	635.84	642	678.99	22.56	19.43	9.88
Net Cash (Debt)	3,266	2,934	2,263	2,300	1,664	1,567
Net Cash Growth	110.09%	29.65%	-1.61%	38.26%	6.19%	15.69%
Net Cash Per Share	4.14	3.72	3.02	3.14	2.26	2.13
Filing Date Shares Outstanding	791.58	791.58	791.58	736.16	735.18	735.18
Total Common Shares Outstanding	791.58	791.58	791.41	736.16	735.18	735.18
Working Capital	2,819	3,074	2,507	2,685	2,270	2,212
Book Value Per Share	5.50	5.50	5.14	4.12	3.69	3.74
Tangible Book Value	4,330	4,329	4,043	2,982	2,705	2,746
Tangible Book Value Per Share	5.47	5.47	5.11	4.05	3.68	3.74
Land	-	658.65	269.88	223.51	212.21	200.63
Machinery	-	2,639	1,805	1,733	1,651	1,528
Construction In Progress	-	22.04	885.71	-	-	-

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