VPower Group International Holdings Limited (HKG:1608)

HKG:1608 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	122.81	131.23	122.35	462.36	978.18
Short-Term Investments	132.44	107.68	119.75	127.48	107.18
Trading Asset Securities	6.15	-	7.86	-	-
Cash & Short-Term Investments	261.39	238.91	249.96	589.84	1,085
Cash Growth	9.41%	-4.42%	-57.62%	-45.66%	-8.14%
Accounts Receivable	1,623	1,621	2,906	2,681	621.64
Other Receivables	4.88	3.41	23.9	8.79	8.01
Receivables	1,628	1,625	2,930	2,690	629.66
Inventory	659.56	1,029	1,170	1,263	1,180
Prepaid Expenses	40.63	25.62	162.95	285.77	212.41
Restricted Cash	12.32	12.26	11.98	71.1	66.59
Other Current Assets	1,629	15.4	25.93	77.15	174.25
Total Current Assets	4,231	2,947	4,550	4,977	3,348
Property, Plant & Equipment	690.6	2,213	2,565	3,413	3,782
Long-Term Investments	888.54	991.78	1,736	1,746	1,755
Goodwill	-	-	-	81.49	81.49
Other Intangible Assets	-	9	39.67	89.32	92.36
Long-Term Accounts Receivable	-	-	4.67	4.21	4.25
Long-Term Deferred Tax Assets	2.88	20.81	15.07	2.43	4.75
Other Long-Term Assets	47.76	54.17	0.55	36.34	63.86
Total Assets	5,861	6,236	8,911	10,349	9,131
Accounts Payable	503.12	518.64	2,046	2,118	802.01
Accrued Expenses	398.25	249.98	80.59	82.11	49.59
Short-Term Debt	-	8.79	7.64	9.43	-
Current Portion of Long-Term Debt	2,237	2,708	2,914	1,848	1,169
Current Portion of Leases	73.28	13.02	14.76	17.13	7.66
Current Income Taxes Payable	3.17	4.81	6.35	17.78	10.82
Current Unearned Revenue	116.73	233.78	227.54	115.08	875.32
Other Current Liabilities	742.62	515.21	335.03	301.46	280.66
Total Current Liabilities	4,074	4,252	5,631	4,509	3,196
Long-Term Debt	35.56	50.19	-	1,996	2,029
Long-Term Leases	155.07	42.39	88.06	100.57	53.25
Long-Term Deferred Tax Liabilities	11.73	5.55	8.08	41.54	28.11
Other Long-Term Liabilities	3.26	1.54	43.7	169.55	344.04
Total Liabilities	4,279	4,352	5,771	6,817	5,650
Common Stock	668.32	668.32	270.17	270.17	264.69
Additional Paid-In Capital	3,090	3,090	1,892	1,892	1,802
Retained Earnings	-2,082	-1,849	1,005	1,305	1,389
Comprehensive Income & Other	-94.74	-25.22	-27.63	7.84	-20.65
Total Common Equity	1,581	1,884	3,139	3,475	3,436
Minority Interest	0.49	-0.02	0.65	56.98	45.93
Shareholders' Equity	1,581	1,884	3,140	3,532	3,481
Total Liabilities & Equity	5,861	6,236	8,911	10,349	9,131
Total Debt	2,501	2,823	3,024	3,971	3,259
Net Cash (Debt)	-2,239	-2,584	-2,774	-3,381	-2,174
Net Cash Per Share	-0.34	-0.69	-1.03	-1.27	-0.84
Filing Date Shares Outstanding	6,669	6,669	2,688	2,692	2,628
Total Common Shares Outstanding	6,669	6,669	2,688	2,692	2,628
Working Capital	157.26	-1,306	-1,081	467.68	152.54
Book Value Per Share	0.24	0.28	1.17	1.29	1.31
Tangible Book Value	1,581	1,875	3,100	3,305	3,262
Tangible Book Value Per Share	0.24	0.28	1.15	1.23	1.24
Land	164.86	194.59	180.64	180.23	143.08
Machinery	793.24	3,470	3,550	4,307	4,505
Construction In Progress	31.34	96.68	79.01	89.11	142.88
Leasehold Improvements	10.93	10.83	10.83	11.03	10.96

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