Virtual Mind Holding Company Limited (HKG:1520)

HKG:1520 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	6.22	31.24	52.01	15.35	78.55
Short-Term Investments	49.42	34.47	29	0.22	-
Trading Asset Securities	10.87	-	-	-	-
Cash & Short-Term Investments	66.51	65.71	81.02	15.56	78.55
Cash Growth	1.22%	-18.89%	420.56%	-80.19%	-22.23%
Accounts Receivable	36.8	31.66	39.07	27.49	19.14
Other Receivables	17.43	14.58	11.84	8.51	12.41
Receivables	79.03	76.22	137.28	143.86	135.5
Inventory	13.1	8.44	6.56	6.02	11.97
Prepaid Expenses	-	-	-	0.87	1.84
Other Current Assets	-	12.56	13.19	17	3.74
Total Current Assets	158.65	162.92	238.05	183.31	231.6
Property, Plant & Equipment	5.85	5.93	5.19	13.72	16.07
Long-Term Investments	0.61	0.73	0.84	-	-
Goodwill	19.21	28.81	42.54	34.63	34.63
Other Intangible Assets	0.7	0.8	0.8	0.8	0.8
Long-Term Deferred Tax Assets	0.44	2.16	0.55	0.56	0.6
Other Long-Term Assets	9.62	12.83	0.4	-	-
Total Assets	195.07	214.19	288.37	234.83	283.7
Accounts Payable	6.5	7.74	17.59	19.12	24.65
Accrued Expenses	31.95	14.09	12.78	9.1	8.98
Short-Term Debt	16.44	4.4	4.76	4.06	-
Current Portion of Leases	2	2.08	1.48	2.97	3.65
Current Income Taxes Payable	-	1.08	7.06	-	-
Current Unearned Revenue	-	1	0.89	0.53	2.55
Other Current Liabilities	-	8.66	9.3	1.87	4.12
Total Current Liabilities	56.89	39.05	53.86	37.64	43.95
Long-Term Debt	7.46	25.25	24.02	-	-
Long-Term Leases	0.7	1.18	1.19	0.93	1.32
Total Liabilities	65.05	65.47	79.07	38.58	45.28
Common Stock	26.82	21.37	19.84	16.9	16.9
Additional Paid-In Capital	-	442.85	426.02	375.96	375.96
Retained Earnings	-	-355.26	-264.76	-205.18	-158.91
Comprehensive Income & Other	104.14	39.16	27.34	8.58	4.47
Total Common Equity	130.96	148.11	208.43	196.26	238.43
Minority Interest	-0.94	0.6	0.87	-	-
Shareholders' Equity	130.02	148.71	209.3	196.26	238.43
Total Liabilities & Equity	195.07	214.19	288.37	234.83	283.7
Total Debt	26.6	32.91	31.46	7.95	4.98
Net Cash (Debt)	39.91	32.8	49.56	7.61	73.57
Net Cash Growth	21.68%	-33.81%	551.31%	-89.66%	-20.42%
Net Cash Per Share	0.07	0.07	0.11	0.02	0.17
Filing Date Shares Outstanding	615.13	534.27	495.91	422.5	422.5
Total Common Shares Outstanding	615.13	534.27	495.91	422.5	422.5
Working Capital	101.76	123.88	184.19	145.67	187.65
Book Value Per Share	0.21	0.28	0.42	0.46	0.56
Tangible Book Value	111.05	118.5	165.09	160.83	202.99
Tangible Book Value Per Share	0.18	0.22	0.33	0.38	0.48
Buildings	-	-	-	16.97	16.47
Machinery	-	11.1	11.22	15.38	14.55
Leasehold Improvements	-	12.46	12.46	11.96	11.82

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