Huasheng International Holding Limited (HKG:1323)

HKG:1323 Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	76.56	163.36	69.49	138.55	110.12
Short-Term Investments	-	-	17.47	15.9	16.03
Trading Asset Securities	-	-	-	29.29	11.41
Cash & Short-Term Investments	76.56	163.36	86.96	183.73	137.56
Cash Growth	-53.14%	87.87%	-52.67%	33.56%	654.27%
Accounts Receivable	607.94	641.98	660.56	765.55	667.13
Other Receivables	106.54	122.66	6.87	90.17	39.98
Receivables	734.99	875.8	859.75	1,107	993.34
Inventory	6.66	8	9.15	17.66	15.16
Prepaid Expenses	81.7	124.09	301.33	301.46	149.46
Total Current Assets	899.9	1,171	1,257	1,610	1,296
Property, Plant & Equipment	36.79	40.91	43.31	72.17	78.9
Long-Term Investments	312.03	171.69	173.83	10.9	21.5
Goodwill	125.82	125.82	145.54	186.07	186.07
Other Intangible Assets	21.45	33.7	45.96	58.21	71.19
Long-Term Accounts Receivable	60.6	83.05	124.97	80.07	73.86
Long-Term Deferred Tax Assets	8.82	9.56	8.02	3.05	2.44
Other Long-Term Assets	-	-	-	4.79	4.99
Total Assets	1,465	1,636	1,799	2,025	1,734
Accounts Payable	261.88	210.12	339.54	592.35	388.52
Short-Term Debt	32.51	94.87	85.56	-	50
Current Portion of Long-Term Debt	50.08	25.92	57.42	74.99	2.29
Current Portion of Leases	3.18	7.34	6.53	10.25	6.53
Current Income Taxes Payable	-	0.75	1.75	2.26	0.53
Current Unearned Revenue	9.54	8.32	5.94	16.55	16.4
Other Current Liabilities	63.97	113.49	105.23	109.63	43.57
Total Current Liabilities	421.16	460.8	601.97	806.04	507.84
Long-Term Debt	143.45	207.84	224.85	250.01	291.03
Long-Term Leases	-	2.43	1.94	6.47	7.47
Long-Term Deferred Tax Liabilities	2.95	4.5	5.74	7.26	8.96
Total Liabilities	567.56	675.58	834.5	1,070	815.3
Common Stock	75.57	75.57	41.98	34.99	34.99
Additional Paid-In Capital	1,749	1,749	1,742	1,678	1,688
Retained Earnings	-941.03	-848.65	-817.21	-762.44	-793.73
Comprehensive Income & Other	14.39	-15.44	-2.35	5.24	-10.27
Total Common Equity	897.85	960.4	964.3	955.48	919.17
Shareholders' Equity	897.85	960.4	964.3	955.48	919.17
Total Liabilities & Equity	1,465	1,636	1,799	2,025	1,734
Total Debt	229.21	338.4	376.3	341.71	357.32
Net Cash (Debt)	-152.65	-175.04	-289.35	-157.99	-219.76
Net Cash Per Share	-0.20	-0.35	-0.70	-0.45	-0.65
Filing Date Shares Outstanding	755.65	755.65	419.81	349.91	349.91
Total Common Shares Outstanding	755.65	755.65	419.81	349.91	349.91
Working Capital	478.74	710.45	655.22	803.94	787.68
Book Value Per Share	1.19	1.27	2.30	2.73	2.63
Tangible Book Value	750.58	800.87	772.81	711.19	661.9
Tangible Book Value Per Share	0.99	1.06	1.84	2.03	1.89
Buildings	-	-	-	-	0.38
Machinery	43.15	41.89	42.35	64.56	71.56
Construction In Progress	7.27	3.42	3.19	4.65	1.29
Leasehold Improvements	1.94	3.96	3.96	3.96	3.96

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