Tat Hong Equipment Service Co., Ltd. (HKG: 2153)

Tat Hong Equipment Service Balance Sheet

Financials in millions CNY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	138.94	138.94	155.55	169.86	149.52	44.43
Short-Term Investments	15.57	15.57	21.93	25.36	14.06	11.1
Trading Asset Securities	-	-	-	-	200.82	-
Cash & Short-Term Investments	154.51	154.51	177.48	195.22	364.39	55.53
Cash Growth	-12.94%	-12.94%	-9.09%	-46.43%	556.26%	21.05%
Accounts Receivable	970.53	970.53	885.31	867.33	688.7	568.85
Other Receivables	80.46	80.46	106.68	68.39	-	43.52
Receivables	1,051	1,051	991.98	935.72	688.7	636.35
Inventory	44.46	44.46	39.58	33.81	21.02	13.74
Prepaid Expenses	6.21	6.21	11.11	9.14	-	9.79
Restricted Cash	0.37	0.37	3.42	-	-	-
Other Current Assets	41.65	41.65	28.87	18.7	66.91	15.81
Total Current Assets	1,298	1,298	1,252	1,193	1,141	731.21
Property, Plant & Equipment	1,658	1,658	1,752	1,642	1,231	1,228
Other Intangible Assets	16.71	16.71	21.18	25.57	30.03	33.69
Long-Term Accounts Receivable	23.8	23.8	66.55	27.3	32.92	22.86
Long-Term Deferred Charges	-	-	-	-	-	0.85
Other Long-Term Assets	81.25	81.25	60.59	31.53	46.82	25.93
Total Assets	3,078	3,078	3,153	2,919	2,482	2,043
Accounts Payable	327.77	327.77	387.27	431.44	169.62	151.98
Accrued Expenses	21.47	21.47	21.42	31.54	43.52	49.21
Current Portion of Long-Term Debt	483.48	483.48	363.85	167.09	125.93	47.21
Current Portion of Leases	26.14	26.14	38.09	24.35	33.01	24.59
Current Income Taxes Payable	5.75	5.75	9.19	6.37	20.33	29.69
Current Unearned Revenue	2.53	2.53	0.9	15.06	8.33	9.2
Other Current Liabilities	35.98	35.98	48.2	64.85	31.39	34.76
Total Current Liabilities	903.11	903.11	868.91	740.7	432.13	346.64
Long-Term Debt	612.41	612.41	617.42	474.87	356.7	522.12
Long-Term Leases	58.31	58.31	47.57	34.38	34.18	27.35
Long-Term Deferred Tax Liabilities	57.81	57.81	67.63	70.71	84.04	67.41
Other Long-Term Liabilities	24.91	24.91	33.91	28.14	23.77	29.37
Total Liabilities	1,657	1,657	1,635	1,349	930.81	992.88
Common Stock	593.03	593.03	593.03	593.03	593.03	441.46
Additional Paid-In Capital	181.94	181.94	181.94	198.35	256.38	-
Retained Earnings	374.33	374.33	469.96	505.78	458.14	364.55
Comprehensive Income & Other	272.13	272.13	272.69	272.68	243.39	243.62
Total Common Equity	1,421	1,421	1,518	1,570	1,551	1,050
Shareholders' Equity	1,421	1,421	1,518	1,570	1,551	1,050
Total Liabilities & Equity	3,078	3,078	3,153	2,919	2,482	2,043
Total Debt	1,180	1,180	1,067	700.69	549.82	621.27
Net Cash (Debt)	-1,026	-1,026	-889.44	-505.47	-185.43	-565.74
Net Cash Per Share	-0.88	-0.88	-0.76	-0.43	-0.20	-0.65
Filing Date Shares Outstanding	1,167	1,167	1,167	1,167	1,167	875.15
Total Common Shares Outstanding	1,167	1,167	1,167	1,167	1,167	875.15
Working Capital	395.08	395.08	383.54	451.89	708.89	384.57
Book Value Per Share	1.22	1.22	1.30	1.35	1.33	1.20
Tangible Book Value	1,405	1,405	1,496	1,544	1,521	1,016
Tangible Book Value Per Share	1.20	1.20	1.28	1.32	1.30	1.16
Buildings	38.61	38.61	35.11	15.58	12.24	7.9
Machinery	2,501	2,501	2,485	2,347	1,869	1,840
Construction In Progress	3.89	3.89	20.77	9	6.79	4.25
Leasehold Improvements	18.84	18.84	16.72	15.24	12.95	11.79

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