Progressive Path Group Holdings Limited (HKG:1581)

HKG:1581 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	31.45	28.46	27.31	17.26	16.78	13.51
Short-Term Investments	33	11.31	8.31	10.07	5.39	7.11
Cash & Short-Term Investments	64.45	39.77	35.62	27.33	22.17	20.62
Cash Growth	72.31%	11.66%	30.33%	23.29%	7.49%	-57.39%
Accounts Receivable	339.02	299.88	230.75	211.02	199.77	183.79
Other Receivables	-	0.02	-	0.01	1	0.03
Receivables	339.02	299.9	230.75	211.03	200.77	183.82
Prepaid Expenses	-	16.27	12.8	10.01	8.46	13.05
Other Current Assets	0.64	6.07	4.95	3.51	2.25	0.18
Total Current Assets	404.1	362.01	284.11	251.88	233.66	217.66
Property, Plant & Equipment	207.12	233.26	280.28	214.78	149.64	138.94
Other Long-Term Assets	2.07	2	2.72	4.4	6.44	6.2
Total Assets	613.29	597.27	567.11	471.06	389.74	362.79
Accounts Payable	94.61	84.8	49.83	37.92	38.03	32.15
Accrued Expenses	18.44	23.1	19.49	19.6	20.46	15.45
Short-Term Debt	72.61	74.79	77.65	78.84	40.6	26.94
Current Portion of Leases	48.26	58.82	68.68	41.41	39.39	47.03
Current Income Taxes Payable	0.14	0.18	0.06	0	0.04	-
Other Current Liabilities	64.92	36.59	42.38	19.28	17.39	16.69
Total Current Liabilities	298.98	278.28	258.08	197.04	155.91	138.25
Long-Term Leases	33.3	53.05	66.67	61.92	34.28	26.59
Long-Term Deferred Tax Liabilities	12.21	9.32	7.97	7.99	7.57	9.7
Total Liabilities	344.49	340.65	332.72	266.95	197.76	174.55
Common Stock	20.75	20.75	20.75	10.38	10.38	10.38
Additional Paid-In Capital	150.94	150.94	150.94	109.08	109.08	109.08
Retained Earnings	97.12	84.94	62.71	84.67	72.54	68.8
Total Common Equity	268.81	256.63	234.41	204.13	192	188.26
Minority Interest	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02
Shareholders' Equity	268.79	256.61	234.39	204.11	191.98	188.24
Total Liabilities & Equity	613.29	597.27	567.11	471.06	389.74	362.79
Total Debt	154.17	186.66	213	182.16	114.27	100.55
Net Cash (Debt)	-89.73	-146.89	-177.38	-154.83	-92.1	-79.93
Net Cash Per Share	-0.22	-0.35	-0.55	-0.75	-0.44	-0.39
Filing Date Shares Outstanding	415	415	415	207.5	207.5	207.5
Total Common Shares Outstanding	415	415	415	207.5	207.5	207.5
Working Capital	105.12	83.72	26.03	54.84	77.74	79.41
Book Value Per Share	0.65	0.62	0.56	0.98	0.93	0.91
Tangible Book Value	268.81	256.63	234.41	204.13	192	188.26
Tangible Book Value Per Share	0.65	0.62	0.56	0.98	0.93	0.91
Land	-	9.69	9.69	9.69	9.69	9.69
Machinery	-	462.58	441.8	370.69	277.2	208
Leasehold Improvements	-	1.03	1.03	1.03	0.89	0.81
Order Backlog	-	143	-	-	-	-

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