Tai United Holdings Limited (HKG:0718)

Tai United Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	78.01	352.86	119.26	222.94	255.35	496.86
Short-Term Investments	2	2.49	1.67	-	-	-
Trading Asset Securities	-	-	-	-	8.47	7.89
Cash & Short-Term Investments	80.01	355.35	120.93	222.94	263.83	504.75
Cash Growth	-30.23%	193.84%	-45.76%	-15.50%	-47.73%	-11.50%
Accounts Receivable	8.75	5.53	41.68	29.77	25.62	3.7
Other Receivables	2.89	1.67	0.2	94.27	98.56	965.14
Receivables	11.64	17.99	53.09	124.04	124.18	968.84
Inventory	1.27	1.75	0.19	2.12	4.1	1.96
Prepaid Expenses	17.71	10.96	10.58	-	-	-
Other Current Assets	10.08	11.44	28.01	-	-	-
Total Current Assets	120.72	397.49	212.81	349.1	392.1	1,476
Property, Plant & Equipment	1,289	1,336	2,292	3,204	4,185	883.02
Long-Term Investments	-	-	-	-	0.63	0.61
Other Intangible Assets	26.75	31	46.19	50	97.81	4.16
Long-Term Deferred Tax Assets	-	-	-	-	-	5.6
Other Long-Term Assets	6.36	6.36	6	7.5	7.5	124.77
Total Assets	1,442	1,770	2,557	3,611	4,683	2,494
Accounts Payable	-	7.72	16.11	12.57	27.14	-
Accrued Expenses	861.68	579.54	421.63	266.97	103.13	15.79
Short-Term Debt	1,472	1,435	1,674	1,741	1,911	235.63
Current Portion of Leases	0.99	1.11	1.53	4.38	2.86	2.38
Current Income Taxes Payable	21.49	21.49	102.05	103.86	109.05	127.45
Current Unearned Revenue	-	52.25	35.42	33.37	13.56	-
Other Current Liabilities	1,002	1,326	1,101	842.49	225.88	1.76
Total Current Liabilities	3,359	3,424	3,352	3,005	2,392	383.01
Long-Term Leases	1.1	1.51	0.3	2.01	1.53	3.94
Long-Term Deferred Tax Liabilities	67.13	81.75	171.74	380.93	575.66	-
Total Liabilities	3,427	3,507	3,524	3,388	2,970	386.95
Common Stock	262.5	262.5	262.5	262.5	262.5	262.5
Additional Paid-In Capital	2,334	2,334	2,334	2,334	2,334	2,334
Retained Earnings	-4,941	-4,742	-3,982	-2,814	-1,359	-918.31
Comprehensive Income & Other	358.72	408.52	418.42	438.45	473.55	425.86
Total Common Equity	-1,986	-1,737	-966.99	221.03	1,711	2,104
Minority Interest	1.15	0.72	0.19	1.54	2.17	2.62
Shareholders' Equity	-1,985	-1,736	-966.8	222.57	1,713	2,107
Total Liabilities & Equity	1,442	1,770	2,557	3,611	4,683	2,494
Total Debt	1,474	1,438	1,675	1,748	1,915	241.95
Net Cash (Debt)	-1,394	-1,083	-1,554	-1,525	-1,651	262.8
Net Cash Growth	-	-	-	-	-	59.43%
Net Cash Per Share	-0.27	-0.21	-0.30	-0.29	-0.31	0.05
Filing Date Shares Outstanding	5,250	5,250	5,250	5,250	5,250	5,250
Total Common Shares Outstanding	5,250	5,250	5,250	5,250	5,250	5,250
Working Capital	-3,238	-3,026	-3,139	-2,656	-2,000	1,093
Book Value Per Share	-0.38	-0.33	-0.18	0.04	0.33	0.40
Tangible Book Value	-2,012	-1,768	-1,013	171.03	1,613	2,100
Tangible Book Value Per Share	-0.38	-0.34	-0.19	0.03	0.31	0.40
Machinery	-	28.71	28.91	28.53	27.3	26.68
Leasehold Improvements	-	5.5	5.5	5.41	1.54	1.3

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