Hingtex Holdings Limited (HKG:1968)

Hingtex Holdings 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	46.19	60.74	84.69	119.87	160.88
Cash & Short-Term Investments	46.19	60.74	84.69	119.87	160.88
Cash Growth	-23.96%	-28.28%	-29.34%	-25.49%	-2.25%
Accounts Receivable	28.33	13.4	18.32	41.5	28.49
Other Receivables	18.48	20.32	20.03	27.88	29.77
Receivables	46.81	33.72	38.35	69.38	58.26
Inventory	84.22	85.3	97.3	160.64	145.21
Other Current Assets	10.95	10.86	10.52	6.24	5.16
Total Current Assets	188.17	190.61	230.87	356.13	369.51
Property, Plant & Equipment	108.56	112.79	126.58	131.77	137.57
Long-Term Investments	19.49	22.15	21.53	4.48	4.31
Goodwill	1.18	1.18	1.18	1.18	1.18
Other Intangible Assets	2.6	2.97	3.34	3.7	4.13
Long-Term Deferred Tax Assets	11.7	13.48	9.89	6.54	1.96
Other Long-Term Assets	-	-	1.03	0.21	-
Total Assets	331.71	343.18	394.42	504.01	518.67
Accounts Payable	34.23	12.02	13.53	55.61	41.8
Accrued Expenses	5.11	4.09	3.7	0.09	5.75
Short-Term Debt	25.59	29	31.36	47.98	66.55
Current Portion of Long-Term Debt	0.47	-	-	-	-
Current Portion of Leases	4.28	3.43	5.6	4.42	4.46
Current Income Taxes Payable	1.64	1.62	4.31	6.52	7.16
Current Unearned Revenue	2.28	0.89	2.43	1.85	0.56
Other Current Liabilities	4.33	7.54	7.48	13.71	6.89
Total Current Liabilities	77.94	58.58	68.42	130.18	133.17
Long-Term Debt	4.77	-	-	-	-
Long-Term Leases	3.29	-	3.43	0.54	3.23
Long-Term Deferred Tax Liabilities	3.83	7.71	7.93	8.16	6.93
Other Long-Term Liabilities	1.16	1.22	1.17	1.7	-
Total Liabilities	90.98	67.51	80.95	140.58	143.33
Common Stock	6.4	6.4	6.4	6.4	6.4
Additional Paid-In Capital	141.99	141.99	141.99	141.99	159.91
Retained Earnings	81.45	116.4	154.2	204.17	198.15
Comprehensive Income & Other	10.88	10.88	10.88	10.88	10.88
Shareholders' Equity	240.72	275.67	313.47	363.43	375.34
Total Liabilities & Equity	331.71	343.18	394.42	504.01	518.67
Total Debt	38.4	32.43	40.39	52.94	74.24
Net Cash (Debt)	7.79	28.31	44.31	66.93	86.64
Net Cash Growth	-72.50%	-36.11%	-33.80%	-22.75%	-4.68%
Net Cash Per Share	0.01	0.04	0.07	0.10	0.14
Filing Date Shares Outstanding	640	640	640	640	640
Total Common Shares Outstanding	640	640	640	640	640
Working Capital	110.23	132.03	162.45	225.95	236.34
Book Value Per Share	0.38	0.43	0.49	0.57	0.59
Tangible Book Value	236.94	271.52	308.95	358.55	370.02
Tangible Book Value Per Share	0.37	0.42	0.48	0.56	0.58
Machinery	109.87	108.79	113.35	113.27	104.29
Construction In Progress	38.27	42.98	42.24	42.21	40.01

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