Risecomm Group Holdings Limited (HKG:1679)

Risecomm Group 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	15.18	35.92	86.65	91.71	121.67
Cash & Short-Term Investments	15.18	35.92	86.65	91.71	121.67
Cash Growth	-57.73%	-58.55%	-5.51%	-24.63%	-16.15%
Accounts Receivable	32.39	41.26	76.86	123.24	88.94
Other Receivables	17.65	18.18	11.92	4.91	6.59
Receivables	53.88	70.79	98.36	129.16	95.53
Inventory	11.34	22.29	27.81	15.89	22.5
Other Current Assets	27.73	23.52	20.44	26.5	41.89
Total Current Assets	108.13	152.51	233.27	263.25	281.59
Property, Plant & Equipment	14.57	25.38	25.27	30.56	38.55
Long-Term Investments	-	-	0.55	-	0.04
Goodwill	-	-	-	20.72	20.72
Other Intangible Assets	113.04	11.75	47.78	118.49	130.51
Long-Term Deferred Tax Assets	0.84	0.85	34.47	37.97	35.92
Long-Term Deferred Charges	-	-	-	0.57	11.03
Other Long-Term Assets	-	60	-	-	-
Total Assets	236.57	250.49	341.34	471.55	518.35
Accounts Payable	58.93	56.77	93.43	85.45	66.62
Short-Term Debt	-	-	-	-	120.52
Current Portion of Long-Term Debt	190.2	76.59	122.53	117.59	119.08
Current Portion of Leases	-	4.46	4.12	3.77	4.49
Current Income Taxes Payable	4.85	2.64	2.87	2.96	2.46
Current Unearned Revenue	10.96	12.18	6.21	10.59	31.13
Other Current Liabilities	24.18	17.77	20.09	15.5	12.82
Total Current Liabilities	289.13	170.4	249.24	235.86	357.12
Long-Term Debt	56.94	108.71	2.68	4.9	-
Long-Term Leases	-	4.24	3.47	7.25	10.24
Long-Term Unearned Revenue	0.63	0.75	0.96	1.62	2.99
Long-Term Deferred Tax Liabilities	0.62	0.93	10.61	28.11	33.66
Other Long-Term Liabilities	0.6	-	-	-	-
Total Liabilities	347.92	285.02	266.96	277.75	404.01
Common Stock	0.22	0.22	0.16	0.15	0.09
Additional Paid-In Capital	408.55	408.55	370.96	357.78	231.36
Retained Earnings	-651.92	-581.27	-443.81	-325.23	-271.75
Comprehensive Income & Other	137.44	143.61	147.59	161.09	154.64
Total Common Equity	-105.7	-28.89	74.89	193.8	114.34
Minority Interest	-5.65	-5.65	-0.51	-	-
Shareholders' Equity	-111.35	-34.53	74.38	193.8	114.34
Total Liabilities & Equity	236.57	250.49	341.34	471.55	518.35
Total Debt	247.14	193.98	132.8	133.52	254.32
Net Cash (Debt)	-231.96	-158.07	-46.15	-41.81	-132.65
Net Cash Per Share	-0.91	-0.71	-0.26	-0.38	-1.34
Filing Date Shares Outstanding	255.73	255.73	185.71	177.59	98.66
Total Common Shares Outstanding	255.73	255.73	185.71	177.59	98.66
Working Capital	-181.01	-17.89	-15.98	27.39	-75.54
Book Value Per Share	-0.41	-0.11	0.40	1.09	1.16
Tangible Book Value	-218.74	-40.64	27.12	54.6	-36.89
Tangible Book Value Per Share	-0.86	-0.16	0.15	0.31	-0.37
Machinery	40.79	42.05	42.17	41.92	42.9
Leasehold Improvements	4.82	4.82	3.92	3.92	4.24

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