Nissin Foods Company Limited (HKG:1475)

Nissin Foods Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,068	1,110	1,199	1,258	1,791	1,607
Short-Term Investments	383.01	292.42	166.52	20.07	54.73	507.76
Trading Asset Securities	-	-	215.68	204.24	198.99	197.07
Cash & Short-Term Investments	1,451	1,403	1,581	1,482	2,045	2,312
Cash Growth	-12.53%	-11.30%	6.71%	-27.52%	-11.57%	6.81%
Accounts Receivable	484.32	456.9	411.76	469.65	511.4	527.95
Other Receivables	76.66	31.67	54.24	55.86	26.79	23.1
Receivables	560.98	488.58	466.27	526.06	538.73	551.59
Inventory	397.31	477.01	415.02	442.34	465	363.14
Prepaid Expenses	-	18.34	15.11	18.71	23.32	21.04
Other Current Assets	-	33.47	26.51	27.54	37.19	48.74
Total Current Assets	2,409	2,420	2,504	2,497	3,109	3,297
Property, Plant & Equipment	1,749	1,732	1,859	1,802	1,833	1,681
Long-Term Investments	41.15	41.55	115.85	112.85	122.94	32.94
Goodwill	330.12	330.12	62.78	63.11	65.24	64.52
Other Intangible Assets	113.76	117.13	26.44	31.45	42.17	48.22
Long-Term Deferred Tax Assets	64.26	73.93	69.68	57.04	62.51	33.52
Other Long-Term Assets	54.02	41.75	45.46	36.11	24.11	25.6
Total Assets	4,762	4,757	4,684	4,600	5,260	5,184
Accounts Payable	180.95	209.2	184.35	222.58	312.57	274.97
Accrued Expenses	42.01	325.57	373.06	356	423.88	416.89
Current Portion of Leases	6.68	7.63	8.56	6.25	5.58	7.28
Current Income Taxes Payable	-	7.42	33.17	37.59	29.48	39.71
Current Unearned Revenue	6.28	5.5	3.38	2.83	0.42	0.41
Other Current Liabilities	602.08	387.38	293.68	301.74	288.51	326.07
Total Current Liabilities	838	942.69	896.19	926.97	1,060	1,065
Long-Term Leases	7.33	8.51	1.11	2.13	5.64	9.4
Long-Term Unearned Revenue	21.7	24.35	18.62	17.39	20.97	19.65
Long-Term Deferred Tax Liabilities	101.64	105.94	93.12	53.66	56.27	46.31
Other Long-Term Liabilities	5.14	5.14	-	-	-	-
Total Liabilities	973.81	1,087	1,009	1,000	1,143	1,141
Common Stock	2,941	2,941	2,941	2,941	2,941	2,941
Retained Earnings	-	875.74	839.86	986.28	1,139	1,142
Comprehensive Income & Other	805.41	-197.02	-149.86	-371.97	-129.7	-187.36
Total Common Equity	3,747	3,620	3,631	3,556	3,951	3,896
Minority Interest	41.24	49.81	43.26	43.91	165.62	147.5
Shareholders' Equity	3,788	3,670	3,675	3,600	4,116	4,043
Total Liabilities & Equity	4,762	4,757	4,684	4,600	5,260	5,184
Total Debt	14.01	16.14	9.67	8.38	11.21	16.67
Net Cash (Debt)	1,437	1,386	1,572	1,474	2,033	2,295
Net Cash Growth	-12.99%	-11.79%	6.65%	-27.54%	-11.41%	6.13%
Net Cash Per Share	1.38	1.33	1.51	1.41	1.92	2.14
Filing Date Shares Outstanding	1,044	1,044	1,044	1,044	1,048	1,074
Total Common Shares Outstanding	1,044	1,044	1,044	1,044	1,048	1,074
Working Capital	1,571	1,477	1,608	1,570	2,048	2,231
Book Value Per Share	3.59	3.47	3.48	3.41	3.77	3.63
Tangible Book Value	3,303	3,173	3,542	3,461	3,843	3,783
Tangible Book Value Per Share	3.16	3.04	3.39	3.32	3.67	3.52
Land	-	20.38	-	-	-	-
Machinery	-	1,413	1,327	1,261	1,183	1,105
Construction In Progress	-	17.26	42.42	191.28	67.94	105.36
Leasehold Improvements	-	64.31	59.68	61.51	63.5	44.51

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