Solomon Systech (International) Limited (HKG:2878)

HKG:2878 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	104.24	80.34	45.56	24.76	50.83
Trading Asset Securities	-	2.52	-	-	-
Cash & Short-Term Investments	104.24	82.86	45.56	24.76	50.83
Cash Growth	25.80%	81.89%	84.01%	-51.29%	139.40%
Accounts Receivable	19.89	17.29	23.55	24.11	15.29
Other Receivables	11.5	14.3	22.54	14.62	3.93
Receivables	31.39	31.6	46.09	38.73	19.22
Inventory	13.36	27.92	48.22	40.87	16.43
Prepaid Expenses	0.23	0.22	0.22	0.23	0.19
Other Current Assets	3.5	6	6.04	17	0.13
Total Current Assets	152.71	148.6	146.13	121.59	86.79
Property, Plant & Equipment	8.53	6.23	6.89	6.58	4.56
Long-Term Investments	2.07	1.92	2.13	2.15	1.85
Other Intangible Assets	-	-	-	0.51	1.02
Other Long-Term Assets	0.4	0.68	3.12	9.09	0.02
Total Assets	163.71	157.43	158.26	139.91	94.24
Accounts Payable	7.54	8.61	15.81	23.92	15.76
Accrued Expenses	11.31	13.14	17.83	18.89	9.7
Current Portion of Long-Term Debt	-	1.66	1.42	-	0.18
Current Portion of Leases	1.41	0.99	1.3	1.14	0.76
Current Income Taxes Payable	0.38	0.42	0.32	0.34	0.3
Current Unearned Revenue	2.81	3.74	10.57	6.35	2.69
Other Current Liabilities	1.31	1.42	1.15	0.99	1.28
Total Current Liabilities	24.76	29.97	48.39	51.63	30.68
Long-Term Debt	-	-	-	0.18	-
Long-Term Leases	1.9	0.52	0.69	1.39	0.13
Total Liabilities	26.67	30.5	49.08	53.21	30.81
Common Stock	32.19	32.17	32.15	32.12	31.98
Additional Paid-In Capital	78.26	78.09	78.06	81.25	83.5
Retained Earnings	8.22	-2.3	-21.74	-49.58	-73.36
Comprehensive Income & Other	18.38	19.04	20.78	22.97	21.32
Total Common Equity	137.04	127	109.25	86.76	63.44
Minority Interest	-	-0.07	-0.07	-0.06	-0
Shareholders' Equity	137.04	126.93	109.18	86.71	63.43
Total Liabilities & Equity	163.71	157.43	158.26	139.91	94.24
Total Debt	3.32	3.16	3.42	2.71	1.07
Net Cash (Debt)	100.93	79.7	42.14	22.05	49.76
Net Cash Growth	26.64%	89.13%	91.15%	-55.70%	159.65%
Net Cash Per Share	0.04	0.03	0.02	0.01	0.02
Filing Date Shares Outstanding	2,498	2,496	2,494	2,492	2,481
Total Common Shares Outstanding	2,498	2,496	2,494	2,492	2,481
Working Capital	127.95	118.62	97.74	69.96	56.11
Book Value Per Share	0.05	0.05	0.04	0.03	0.03
Tangible Book Value	137.04	127	109.25	86.26	62.41
Tangible Book Value Per Share	0.05	0.05	0.04	0.03	0.03
Land	1.73	1.73	1.68	1.91	1.81
Machinery	22.04	22.07	21.8	20.97	20.61
Leasehold Improvements	2.43	2.71	2.74	2.76	2.94

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.