VSTECS Holdings Limited (HKG:0856)

VSTECS 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	3,821	3,948	3,325	3,829	3,247	3,559
Short-Term Investments	2,371	38	38	16	16	848.04
Trading Asset Securities	-	797.88	771.56	1,034	862.13	-
Cash & Short-Term Investments	6,192	4,784	4,135	4,879	4,126	4,407
Cash Growth	37.01%	15.70%	-15.25%	18.25%	-6.39%	62.47%
Accounts Receivable	17,499	17,471	14,646	13,071	14,700	13,207
Other Receivables	2,786	2,009	2,178	1,260	1,529	1,450
Receivables	20,285	19,480	16,823	14,331	16,229	14,657
Inventory	11,604	11,190	11,309	10,072	9,337	5,502
Other Current Assets	-	657.87	618.55	3,360	263.92	2,660
Total Current Assets	38,080	36,111	32,885	32,642	29,955	27,227
Property, Plant & Equipment	1,035	978.01	909.42	917.52	680.4	682.14
Long-Term Investments	656.79	603.2	723.51	684.3	1,000	982.66
Goodwill	-	326.41	334.1	330.95	329.2	332.34
Other Intangible Assets	361.68	19.55	20.56	25.09	28.87	27.04
Long-Term Deferred Tax Assets	187.8	158.89	146.13	166.05	182.67	174.53
Long-Term Deferred Charges	-	-	-	0.99	0.05	0.35
Other Long-Term Assets	185.6	190.72	1.56	-	-	-
Total Assets	40,507	38,388	35,020	34,767	32,176	29,426
Accounts Payable	16,883	16,920	15,562	13,127	15,224	10,795
Short-Term Debt	-	-	-	2.9	269.54	269.84
Current Portion of Long-Term Debt	7,994	7,864	8,104	6,972	4,727	6,733
Current Portion of Leases	177.43	157.92	129.38	107.84	102.53	95.8
Current Income Taxes Payable	174.54	100.73	132.16	148.19	123.95	134.8
Current Unearned Revenue	618.44	570.71	559.14	449.34	707.98	711.46
Other Current Liabilities	3,179	2,213	2,069	4,698	1,375	3,652
Total Current Liabilities	29,027	27,826	26,556	25,505	22,530	22,393
Long-Term Debt	1,536	1,380	-	1,447	1,543	-
Long-Term Leases	309.44	277.14	209.01	117.41	147	165.94
Long-Term Unearned Revenue	0.9	2.75	1.18	2.38	0.86	0.48
Long-Term Deferred Tax Liabilities	30.31	30.52	31.21	36.32	44.57	40.25
Total Liabilities	30,903	29,516	26,798	27,109	24,265	22,599
Common Stock	143.65	143.65	143.69	145.09	145.52	145.45
Additional Paid-In Capital	-	883.19	883.19	883.19	883.19	880.91
Retained Earnings	-	8,553	7,873	7,254	6,846	5,852
Comprehensive Income & Other	9,179	-940.61	-676.81	-624.16	37	-51.91
Total Common Equity	9,323	8,640	8,223	7,658	7,911	6,826
Minority Interest	280.82	231.94	-	-	-	-
Shareholders' Equity	9,604	8,872	8,223	7,658	7,911	6,826
Total Liabilities & Equity	40,507	38,388	35,020	34,767	32,176	29,426
Total Debt	10,017	9,679	8,442	8,648	6,789	7,265
Net Cash (Debt)	-3,825	-4,895	-4,308	-3,769	-2,663	-2,858
Net Cash Per Share	-2.76	-3.52	-3.07	-2.66	-1.88	-2.02
Filing Date Shares Outstanding	1,386	1,432	1,437	1,451	1,455	1,454
Total Common Shares Outstanding	1,386	1,432	1,437	1,451	1,455	1,454
Working Capital	9,053	8,286	6,329	7,136	7,425	4,834
Book Value Per Share	6.73	6.03	5.72	5.28	5.44	4.69
Tangible Book Value	8,961	8,294	7,868	7,302	7,553	6,467
Tangible Book Value Per Share	6.47	5.79	5.48	5.03	5.19	4.45
Buildings	-	829.42	446.1	773.08	463.15	437.66
Machinery	-	171.85	148.24	150.72	136.79	118.33
Construction In Progress	-	0.06	319.04	0.06	0.72	4.17

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.