Tian Cheng Holdings Limited (HKG:2110)

Tian Cheng Holdings Balance Sheet

Financials in millions HKD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 30, 2024	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cash & Equivalents	29.6	25.82	33.69	75.18	124.52	31.01
Short-Term Investments	5.69	7.04	9.23	17.77	21.44	1.84
Cash & Short-Term Investments	35.29	32.86	42.92	92.95	145.96	32.85
Cash Growth	-31.35%	-23.43%	-53.82%	-36.32%	344.29%	26.72%
Accounts Receivable	31.06	39.68	23.62	39.74	62.64	47.94
Other Receivables	1.33	3.03	4.02	0.39	0.05	19.93
Receivables	32.4	42.7	27.65	40.13	62.69	67.86
Other Current Assets	-	0.3	10.11	20	-	2.58
Total Current Assets	67.68	75.87	80.68	153.08	208.64	103.29
Property, Plant & Equipment	33.92	40.98	65.01	74.28	56.83	49.05
Long-Term Deferred Tax Assets	0.35	0.62	0.66	-	-	-
Other Long-Term Assets	-	-	0.3	0.41	-	-
Total Assets	101.95	117.47	146.64	227.77	265.47	152.34
Accounts Payable	19.57	25.11	7.82	18.79	33.77	20.87
Accrued Expenses	4.55	4.64	5.75	3.55	3.18	4.83
Short-Term Debt	-	-	-	-	-	6.73
Current Portion of Leases	2.19	2.56	2.55	0.65	0.61	0.53
Current Income Taxes Payable	-	-	-	2.49	8.22	5.94
Current Unearned Revenue	-	-	3.99	-	-	-
Other Current Liabilities	5.05	4.51	9.64	1.1	11.31	8.24
Total Current Liabilities	31.35	36.82	29.74	26.58	57.08	47.14
Long-Term Leases	2.13	2.39	4.29	0.36	1.01	-
Long-Term Deferred Tax Liabilities	3.75	4.35	6.14	7.35	5.58	5.05
Total Liabilities	37.23	43.56	40.17	34.29	63.68	52.19
Common Stock	30	26.69	22.24	22.24	22.24	-
Additional Paid-In Capital	63.91	63.91	56.77	56.77	81.77	-
Retained Earnings	-29.16	-16.72	27.42	114.47	97.79	100.15
Comprehensive Income & Other	-0.03	0.02	0.04	-	-	-
Shareholders' Equity	64.72	73.9	106.47	193.48	201.79	100.15
Total Liabilities & Equity	101.95	117.47	146.64	227.77	265.47	152.34
Total Debt	4.32	4.95	6.84	1.01	1.62	7.26
Net Cash (Debt)	30.97	27.91	36.08	91.94	144.33	25.59
Net Cash Growth	-31.60%	-22.64%	-60.75%	-36.30%	464.06%	40.79%
Net Cash Per Share	0.11	0.11	0.16	0.41	0.75	0.15
Filing Date Shares Outstanding	300	266.88	222.4	222.4	222.4	166.8
Total Common Shares Outstanding	300	266.88	222.4	222.4	222.4	166.8
Working Capital	36.33	39.05	50.94	126.51	151.56	56.15
Book Value Per Share	0.22	0.28	0.48	0.87	0.91	0.60
Tangible Book Value	64.72	73.9	106.47	193.48	201.79	100.15
Tangible Book Value Per Share	0.22	0.28	0.48	0.87	0.91	0.60
Machinery	-	86.28	110.19	102.57	78.3	64.38
Leasehold Improvements	-	-	-	0.19	0.19	0.09

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.