Veson Holdings Limited (HKG:1399)

Veson Holdings Balance Sheet

Financials in millions CNY. 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	332.96	133.83	200.94	226.7	211.29
Cash & Short-Term Investments	332.96	133.83	200.94	226.7	211.29
Cash Growth	148.80%	-33.40%	-11.36%	7.29%	-47.98%
Accounts Receivable	1,781	2,397	2,025	2,568	2,040
Other Receivables	143.83	82.85	83.4	29.9	40.27
Receivables	1,925	2,479	2,108	2,598	2,080
Inventory	542.85	574.07	787.28	553.05	443.87
Prepaid Expenses	-	-	235.47	171.51	169.02
Other Current Assets	781.78	814	710.97	988.69	750.81
Total Current Assets	3,582	4,001	4,043	4,538	3,655
Property, Plant & Equipment	571.49	646.92	797.58	845.17	760.36
Long-Term Investments	20.94	20.94	20.94	-	-
Other Intangible Assets	2.2	3.03	4.19	4.54	3.27
Long-Term Deferred Tax Assets	98.97	102.64	98.7	105.36	128.45
Other Long-Term Assets	92.83	95.51	77.11	85.67	97.03
Total Assets	4,369	4,870	5,042	5,579	4,644
Accounts Payable	1,962	2,363	2,613	3,118	2,482
Accrued Expenses	21.65	26.16	39.67	37.16	40.46
Short-Term Debt	1.07	1.21	1.14	2.33	2.03
Current Portion of Long-Term Debt	1,003	1,037	879.44	861.66	698.18
Current Portion of Leases	4.06	6.73	7.02	6.44	7.87
Current Income Taxes Payable	43.45	32.06	28.77	69.78	67.55
Current Unearned Revenue	10.98	17.77	14.92	21.03	21.35
Other Current Liabilities	10.38	27.6	65.12	65.51	57.71
Total Current Liabilities	3,056	3,511	3,649	4,182	3,377
Long-Term Debt	219.16	263	307.1	313.33	213.77
Long-Term Leases	-	4.85	10.72	16.59	23.47
Long-Term Deferred Tax Liabilities	5.36	5.36	5.36	5.36	5.36
Total Liabilities	3,281	3,784	3,972	4,517	3,619
Common Stock	107.59	107.59	107.59	107.59	107.59
Additional Paid-In Capital	619.29	619.29	619.29	619.29	619.29
Retained Earnings	240.87	252.85	232.74	208.7	167.76
Comprehensive Income & Other	105.45	111.79	110.59	122.04	119.19
Total Common Equity	1,073	1,092	1,070	1,058	1,014
Minority Interest	14.57	-5.46	-0.95	3.77	10.72
Shareholders' Equity	1,088	1,086	1,069	1,061	1,025
Total Liabilities & Equity	4,369	4,870	5,042	5,579	4,644
Total Debt	1,227	1,313	1,205	1,200	945.31
Net Cash (Debt)	-894.38	-1,179	-1,004	-973.64	-734.02
Net Cash Per Share	-0.82	-1.08	-0.92	-0.89	-0.67
Filing Date Shares Outstanding	1,090	1,090	1,090	1,090	1,090
Total Common Shares Outstanding	1,090	1,090	1,090	1,090	1,090
Working Capital	525.85	490.23	393.92	355.93	278.03
Book Value Per Share	0.98	1.00	0.98	0.97	0.93
Tangible Book Value	1,071	1,088	1,066	1,053	1,011
Tangible Book Value Per Share	0.98	1.00	0.98	0.97	0.93
Buildings	370.79	373.87	432.87	433.34	5.18
Machinery	615.71	634.24	649.71	643.09	549.89
Construction In Progress	43.51	40.16	37.46	16.99	457.53
Leasehold Improvements	140.9	140.61	140.57	136.9	70.78

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