Seacon Shipping Group Holdings Limited (HKG:2409)

HKG:2409 Balance Sheet

Financials in millions USD. 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	65.82	28	20.17	25.03	4.42
Trading Asset Securities	1.5	-	1.23	3.29	-
Cash & Short-Term Investments	67.32	28	21.4	28.32	4.42
Cash Growth	140.47%	30.81%	-24.41%	540.61%	127.48%
Accounts Receivable	11.89	10.22	14.54	16.96	16.24
Other Receivables	6.52	5.1	5.26	5.09	7.99
Receivables	18.41	15.32	19.8	22.05	28.13
Inventory	8.14	6.44	11.25	5.17	5.72
Prepaid Expenses	1.96	1.49	1.18	0.43	2.52
Other Current Assets	15.17	21.87	8.62	8.72	10.54
Total Current Assets	111	73.11	62.25	64.67	51.33
Property, Plant & Equipment	321.69	339.53	169.28	146.78	81.09
Long-Term Investments	18.82	10.69	7.85	5.23	2.47
Other Intangible Assets	0.19	0.1	0.09	0.11	0.06
Long-Term Deferred Tax Assets	0	-	0.04	0.07	0.02
Long-Term Deferred Charges	5.41	-	-	-	-
Other Long-Term Assets	116.68	68.62	47.74	13.58	3.25
Total Assets	598.9	492.06	287.25	230.45	152.44
Accounts Payable	16.36	15.75	21.05	19.85	22.5
Accrued Expenses	5.62	2.91	1.9	2.52	0.66
Short-Term Debt	4	7.04	1.45	26.85	34.42
Current Portion of Long-Term Debt	30.55	21.34	9.85	5.37	12.29
Current Portion of Leases	14.4	15.77	17.28	21.07	9.39
Current Income Taxes Payable	0.79	1.54	1.94	1.84	0.74
Current Unearned Revenue	3.29	3.03	4.4	4.45	4.55
Other Current Liabilities	9.21	4.96	3.29	4.02	1.77
Total Current Liabilities	84.22	72.34	61.16	85.98	86.31
Long-Term Debt	238.21	194.51	61.58	27.48	37.72
Long-Term Leases	34.95	50.84	55.5	65.59	23.12
Long-Term Unearned Revenue	6.98	-	-	-	-
Long-Term Deferred Tax Liabilities	3.15	-	-	-	-
Other Long-Term Liabilities	-	0.64	-	-	-
Total Liabilities	367.52	318.33	178.24	179.04	147.15
Common Stock	0.64	0.64	-	0.79	0.79
Additional Paid-In Capital	46.96	46.96	-	-	-
Retained Earnings	169.65	116.24	95.03	37.71	4.1
Comprehensive Income & Other	8.36	8.5	9.58	8.82	-0.5
Total Common Equity	225.6	172.33	104.61	47.32	4.38
Minority Interest	5.78	1.4	4.4	4.09	0.91
Shareholders' Equity	231.38	173.73	109.01	51.41	5.29
Total Liabilities & Equity	598.9	492.06	287.25	230.45	152.44
Total Debt	322.11	289.5	145.66	146.35	116.93
Net Cash (Debt)	-254.78	-261.5	-124.26	-118.04	-112.51
Net Cash Per Share	-0.51	-0.56	-0.33	-0.31	-
Filing Date Shares Outstanding	500	500	375	1,470	-
Total Common Shares Outstanding	500	500	375	1,470	-
Working Capital	26.78	0.78	1.09	-21.3	-34.98
Book Value Per Share	0.45	0.34	0.28	0.03	-
Tangible Book Value	225.41	172.24	104.51	47.21	4.32
Tangible Book Value Per Share	0.45	0.34	0.28	0.03	-
Buildings	1.43	1.45	1.48	1.3	1.27
Machinery	286.19	284.63	98.87	59.94	50.58

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