IPE Group Limited (HKG:0929)

IPE Group 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	439.27	515.16	674.4	729.06	840.38	924.25
Short-Term Investments	-	16.37	26.74	27.1	21.17	18.02
Trading Asset Securities	30.99	30.83	16.9	17.51	10.19	-
Cash & Short-Term Investments	470.26	562.36	718.04	773.67	871.75	942.27
Cash Growth	-17.89%	-21.68%	-7.19%	-11.25%	-7.48%	9.65%
Accounts Receivable	404.62	395.47	341.02	301.36	304.4	272.46
Other Receivables	-	20.91	20.15	13.08	21.11	10.2
Receivables	404.62	416.38	361.16	314.44	325.52	284.88
Inventory	327.69	318.92	330.5	325.57	316	219.17
Other Current Assets	18.96	57.91	54.67	48.26	12.55	14.13
Total Current Assets	1,332	1,356	1,464	1,462	1,526	1,460
Property, Plant & Equipment	882.4	847.37	794.19	698.03	730.04	664.65
Long-Term Investments	0.44	1.02	1.75	2.9	3.73	0.9
Goodwill	68.97	66.73	69.21	10.2	11.62	-
Other Intangible Assets	52.28	55.62	68.36	4.29	6.46	-
Long-Term Deferred Tax Assets	16.9	14.18	16.56	22.72	24.71	13.62
Other Long-Term Assets	133.65	129.83	132.39	136.4	153.99	139.34
Total Assets	2,487	2,470	2,547	2,336	2,456	2,279
Accounts Payable	106.37	105.16	102.35	101.11	108.29	91.5
Accrued Expenses	-	38.04	45.42	35.67	29.88	20.51
Current Portion of Long-Term Debt	202.05	287.95	71.15	45.85	150.8	53.77
Current Portion of Leases	1.01	0.96	2.07	1.03	0.25	1.12
Current Income Taxes Payable	6.07	5.27	11.39	15.59	21.69	19.33
Current Unearned Revenue	18.56	8.02	0.43	0.7	6.66	0.62
Other Current Liabilities	87.83	38.65	194.54	49.14	44.93	40.72
Total Current Liabilities	421.88	484.05	427.36	249.08	362.51	227.57
Long-Term Debt	3.73	3.82	114.4	150	-	150.86
Long-Term Leases	0.79	1.74	3.47	1.9	-	0.37
Long-Term Unearned Revenue	0.69	0.43	0.83	1.29	2.04	-
Long-Term Deferred Tax Liabilities	31	30.06	34.22	19.38	28.28	17.4
Other Long-Term Liabilities	2.82	2.31	2.36	2.75	2.24	2.48
Total Liabilities	460.91	522.4	582.64	424.4	395.06	398.66
Common Stock	105.23	105.23	105.23	105.23	105.23	105.23
Additional Paid-In Capital	488.08	488.08	488.08	488.08	488.08	488.08
Retained Earnings	1,142	1,140	1,129	1,124	1,115	1,033
Comprehensive Income & Other	123.14	61.14	110.37	123.42	298.04	254.34
Total Common Equity	1,859	1,794	1,833	1,840	2,006	1,881
Minority Interest	167.44	153.52	131.16	71.67	54.95	-0.65
Shareholders' Equity	2,026	1,948	1,964	1,912	2,061	1,880
Total Liabilities & Equity	2,487	2,470	2,547	2,336	2,456	2,279
Total Debt	207.58	294.46	191.08	198.78	151.05	206.12
Net Cash (Debt)	262.68	267.9	526.96	574.89	720.7	736.15
Net Cash Growth	-1.16%	-49.16%	-8.34%	-20.23%	-2.10%	23.06%
Net Cash Per Share	0.25	0.25	0.50	0.55	0.68	0.70
Filing Date Shares Outstanding	1,052	1,052	1,052	1,052	1,052	1,052
Total Common Shares Outstanding	1,052	1,052	1,052	1,052	1,052	1,052
Working Capital	910.41	871.51	1,037	1,213	1,163	1,233
Book Value Per Share	1.77	1.71	1.74	1.75	1.91	1.79
Tangible Book Value	1,737	1,672	1,695	1,826	1,988	1,881
Tangible Book Value Per Share	1.65	1.59	1.61	1.74	1.89	1.79
Land	937.7	898.72	804.74	4.34	4.5	4.5
Buildings	-	-	-	743.92	772.93	714.71
Machinery	1,753	1,675	1,706	1,680	1,804	1,724
Construction In Progress	26.45	14.37	35.34	10.64	7.46	13.54
Leasehold Improvements	20.51	20.08	17.37	17.6	20.36	19.94

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