Mainland Headwear Holdings Limited (HKG:1100)

HKG:1100 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	179.64	317.85	246.95	198.89	219.46
Short-Term Investments	30.86	17.13	6.81	8.62	18.76
Trading Asset Securities	228.79	225.96	337.76	15.29	6.56
Cash & Short-Term Investments	439.29	560.94	591.52	222.8	244.78
Cash Growth	-21.69%	-5.17%	165.50%	-8.98%	43.99%
Accounts Receivable	375.64	321.4	435.29	360.93	335.32
Other Receivables	3.25	3.25	3.25	3.32	3.48
Receivables	378.89	324.65	438.54	364.26	338.8
Inventory	171.19	151.92	207.41	451.9	276.83
Prepaid Expenses	9.43	14.5	15.06	13.02	8.24
Other Current Assets	5.7	9.58	8.7	19.27	-
Total Current Assets	1,005	1,062	1,261	1,071	868.64
Property, Plant & Equipment	725.84	601.87	564.11	456.2	449.92
Long-Term Investments	43.72	44.67	43.76	32.87	11.63
Goodwill	30.86	-	-	22.51	22.51
Other Intangible Assets	75.38	14.69	30.27	29.61	32.77
Long-Term Deferred Tax Assets	3.17	6.85	7.87	5.16	3.5
Other Long-Term Assets	61.4	56.95	51.1	51.93	44.52
Total Assets	1,945	1,787	1,958	1,670	1,433
Accounts Payable	402.2	332.76	499.23	219.76	140.23
Accrued Expenses	-	-	-	172.19	128
Short-Term Debt	184.81	108.97	209.24	275.38	293.68
Current Portion of Long-Term Debt	14.67	44.54	19.64	-	-
Current Portion of Leases	14.38	13.6	12.75	18.83	16.29
Current Income Taxes Payable	45.17	48.61	51.98	29.02	11.59
Current Unearned Revenue	-	-	-	1.24	0.47
Other Current Liabilities	0.5	0.54	2.85	0.54	2.02
Total Current Liabilities	661.73	549	795.69	716.95	592.29
Long-Term Debt	-	7.2	14.39	-	-
Long-Term Leases	45.91	41.18	54.74	23.54	27.37
Long-Term Deferred Tax Liabilities	31.55	21.45	6.37	6.32	4.56
Other Long-Term Liabilities	26.39	6.6	18.14	20.59	20.86
Total Liabilities	765.58	625.42	889.33	767.4	645.09
Common Stock	42.92	42.92	42.66	40.53	40.53
Additional Paid-In Capital	195.48	195.48	192	192.89	192.89
Retained Earnings	866.09	847.64	768.27	609.99	506.14
Comprehensive Income & Other	12.75	24.53	23.24	33.5	30.91
Total Common Equity	1,117	1,111	1,026	876.91	770.47
Minority Interest	62.05	50.61	42.81	25.21	17.95
Shareholders' Equity	1,179	1,161	1,069	902.12	788.41
Total Liabilities & Equity	1,945	1,787	1,958	1,670	1,433
Total Debt	259.77	215.47	310.77	317.75	337.35
Net Cash (Debt)	179.52	345.46	280.75	-94.95	-92.57
Net Cash Growth	-48.03%	23.05%	-	-	-
Net Cash Per Share	0.41	0.79	0.65	-0.22	-0.22
Filing Date Shares Outstanding	429.16	429.16	426.6	425.59	425.59
Total Common Shares Outstanding	429.16	429.16	426.6	425.59	425.59
Working Capital	342.78	512.58	465.53	354.3	276.36
Book Value Per Share	2.60	2.59	2.41	2.06	1.81
Tangible Book Value	1,011	1,096	995.9	824.79	715.18
Tangible Book Value Per Share	2.36	2.55	2.33	1.94	1.68
Land	537.89	428.02	374.47	363.89	363.89
Machinery	532.02	507.73	528.87	383.22	364.97
Construction In Progress	-	3.09	0.98	-	-
Leasehold Improvements	47.82	16.6	-	34.5	33.78

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