Time Interconnect Technology Limited (HKG: 1729)

Time Interconnect Technology Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	939.21	338.01	288	220.91	156.55	366.93
Short-Term Investments	-	40.33	30.22	26.3	17.63	32.21
Cash & Short-Term Investments	939.21	378.35	318.23	247.21	174.18	399.15
Cash Growth	128.25%	18.89%	28.73%	41.93%	-56.36%	75.16%
Accounts Receivable	1,392	2,162	1,271	1,029	755.48	532.29
Other Receivables	3.62	135.88	252.18	65.51	40.02	1,058
Receivables	1,395	2,298	1,523	1,094	795.5	1,590
Inventory	1,511	1,310	2,051	653.65	474.89	401.17
Other Current Assets	475.43	957.9	974.65	5.77	7.09	13.51
Total Current Assets	4,321	4,944	4,867	2,001	1,452	2,404
Property, Plant & Equipment	1,173	1,205	1,224	1,171	1,134	775.58
Long-Term Investments	-	-	6.54	6.28	6.04	5.76
Other Long-Term Assets	26.28	13.34	9.85	5.19	7.43	2.1
Total Assets	5,521	6,162	6,107	3,183	2,599	3,187
Accounts Payable	1,354	1,494	867.34	795.12	507.37	494.51
Accrued Expenses	-	103.75	78.61	83.23	58.22	270.84
Short-Term Debt	-	-	49.61	177.31	347.3	626.18
Current Portion of Long-Term Debt	1,801	2,339	2,711	610.84	259.28	553.11
Current Portion of Leases	25.09	23.08	19.16	10.58	7.79	6.65
Current Income Taxes Payable	39.89	36.45	10.69	14.84	9.61	12.51
Current Unearned Revenue	63.34	30.56	2.23	4.41	5.09	0.71
Other Current Liabilities	-	48.73	532.17	7.23	6.28	6.2
Total Current Liabilities	3,283	4,075	4,271	1,704	1,201	1,971
Long-Term Debt	559	579.03	551.81	274.02	405.63	-
Long-Term Leases	32.78	41.93	49.72	48.25	36.47	40.4
Long-Term Deferred Tax Liabilities	84.8	91.76	90.73	93.49	91.53	10.42
Total Liabilities	3,960	4,789	4,963	2,119	1,735	2,022
Common Stock	19.46	19.46	19.46	19.46	18.4	28.79
Additional Paid-In Capital	-	323.49	323.49	323.49	272.14	271.92
Retained Earnings	-	1,390	1,137	946.14	823.97	809.36
Comprensive Income & Other	1,530	-371.64	-347.66	-237.91	-262.03	47.97
Total Common Equity	1,549	1,361	1,132	1,051	852.47	1,158
Minority Interest	12.26	11.82	11.72	12.27	11.93	7.85
Shareholders' Equity	1,561	1,373	1,144	1,063	864.4	1,166
Total Liabilities & Equity	5,521	6,162	6,107	3,183	2,599	3,187
Total Debt	2,418	2,983	3,381	1,121	1,056	1,226
Net Cash (Debt)	-1,478	-2,604	-3,063	-873.79	-882.28	-827.2
Net Cash Per Share	-0.76	-1.34	-1.57	-0.47	-0.48	-0.45
Filing Date Shares Outstanding	1,946	1,946	1,946	1,946	1,840	1,840
Total Common Shares Outstanding	1,946	1,946	1,946	1,946	1,840	1,840
Working Capital	1,039	869.43	596.1	297.1	250.73	433.28
Book Value Per Share	0.80	0.70	0.58	0.54	0.46	0.63
Tangible Book Value	1,549	1,361	1,132	1,051	852.47	1,158
Tangible Book Value Per Share	0.80	0.70	0.58	0.54	0.46	0.63
Buildings	-	251.86	262.46	229.82	224.02	213.63
Machinery	-	1,122	1,093	1,039	933.76	832.22
Construction In Progress	-	0.01	1.97	1.4	-	-
Leasehold Improvements	-	127.57	135.22	137.44	122.29	109.59

Source: S&P Capital IQ. Standard template. Financial Sources.