IPE Group Limited (HKG:0929)

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

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