Mainland Headwear Holdings Limited (HKG:1100)

HKG:1100 Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	188.63	317.85	246.95	198.89	219.46	112.55
Short-Term Investments	17.64	17.13	6.81	8.62	18.76	26.1
Trading Asset Securities	4.15	225.96	337.76	15.29	6.56	31.35
Cash & Short-Term Investments	210.42	560.94	591.52	222.8	244.78	170
Cash Growth	-37.01%	-5.17%	165.49%	-8.98%	43.99%	30.92%
Accounts Receivable	352.26	321.4	435.29	360.93	335.32	319.55
Other Receivables	3.25	3.25	3.25	3.32	3.48	-
Receivables	355.51	324.65	438.54	364.26	338.8	319.55
Inventory	349.54	151.92	207.41	451.9	276.83	275.4
Prepaid Expenses	-	14.5	15.06	13.02	8.24	7.7
Other Current Assets	23.9	9.58	8.7	19.27	-	2.94
Total Current Assets	939.36	1,062	1,261	1,071	868.64	775.59
Property, Plant & Equipment	694.25	601.87	564.11	456.2	449.92	449.34
Long-Term Investments	48.1	44.67	43.76	32.87	11.63	8.33
Goodwill	-	-	-	22.51	22.51	22.51
Other Intangible Assets	31.37	14.69	30.27	29.61	32.77	27.54
Long-Term Deferred Tax Assets	6.21	6.85	7.87	5.16	3.5	2.4
Other Long-Term Assets	56.47	56.95	51.1	51.93	44.52	42.38
Total Assets	1,776	1,787	1,958	1,670	1,433	1,328
Accounts Payable	150.75	332.76	499.23	219.76	140.23	127.68
Accrued Expenses	148.78	-	-	172.19	128	116.87
Short-Term Debt	108.41	108.97	209.24	275.38	293.68	272.92
Current Portion of Long-Term Debt	42.05	44.54	19.64	-	-	-
Current Portion of Leases	14.02	13.6	12.75	18.83	16.29	8.9
Current Income Taxes Payable	55.69	48.61	51.98	29.02	11.59	12.19
Current Unearned Revenue	-	-	-	1.24	0.47	0.17
Other Current Liabilities	0.54	0.54	2.85	0.54	2.02	0.54
Total Current Liabilities	520.24	549	795.69	716.95	592.29	539.26
Long-Term Debt	7.2	7.2	14.39	-	-	-
Long-Term Leases	34.95	41.18	54.74	23.54	27.37	15.58
Long-Term Deferred Tax Liabilities	21.43	21.45	6.37	6.32	4.56	4.22
Other Long-Term Liabilities	18.43	6.6	18.14	20.59	20.86	13.1
Total Liabilities	602.25	625.42	889.33	767.4	645.09	572.16
Common Stock	42.92	42.92	42.66	40.53	40.53	40.53
Additional Paid-In Capital	195.48	195.48	192	192.89	192.89	192.89
Retained Earnings	857.16	847.64	768.27	609.99	506.14	480.13
Comprehensive Income & Other	22.63	24.53	23.24	33.5	30.91	28.63
Total Common Equity	1,118	1,111	1,026	876.91	770.47	742.18
Minority Interest	55.32	50.61	42.81	25.21	17.95	13.75
Shareholders' Equity	1,174	1,161	1,069	902.12	788.41	755.93
Total Liabilities & Equity	1,776	1,787	1,958	1,670	1,433	1,328
Total Debt	206.63	215.47	310.77	317.75	337.35	297.4
Net Cash (Debt)	3.78	345.46	280.75	-94.95	-92.57	-127.4
Net Cash Growth	-93.25%	23.05%	-	-	-	-
Net Cash Per Share	0.01	0.79	0.65	-0.22	-0.22	-0.30
Filing Date Shares Outstanding	429.16	429.16	426.6	425.59	425.59	425.59
Total Common Shares Outstanding	429.16	429.16	426.6	425.59	425.59	425.59
Working Capital	419.12	512.58	465.53	354.3	276.36	236.33
Book Value Per Share	2.61	2.59	2.41	2.06	1.81	1.74
Tangible Book Value	1,087	1,096	995.9	824.79	715.18	692.13
Tangible Book Value Per Share	2.53	2.55	2.33	1.94	1.68	1.63
Land	-	428.02	374.47	363.89	363.89	267.83
Machinery	-	524.33	528.87	383.22	364.97	354.34
Construction In Progress	-	3.09	0.98	-	-	93.72
Leasehold Improvements	-	-	-	34.5	33.78	29.34

Source: S&P Capital IQ. Standard template. Financial Sources.