Value Convergence Holdings Limited (HKG:2909)

HKG:2909 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	18.39	17.72	32.31	74.54	64.2
Trading Asset Securities	116.44	155.13	300.6	432.47	252.07
Accounts Receivable	261.88	312.86	394.08	382.29	442.84
Other Receivables	0.11	22.96	4.45	41.78	92.59
Property, Plant & Equipment	8.41	8.66	11.05	18.81	9.97
Goodwill	7.63	7.63	2.02	2.02	2.02
Other Intangible Assets	4	4.29	1.25	1.25	1.25
Investments in Debt & Equity Securities	14.31	29.14	40.69	23.17	38.18
Other Current Assets	2.33	6.4	17.85	16.89	21.02
Long-Term Deferred Tax Assets	-	0.14	-	-	-
Other Long-Term Assets	18.11	2.88	3.9	5.86	4.94
Total Assets	451.6	569.15	808.9	999.07	929.26
Accounts Payable	2	3.43	5.24	21.18	50.7
Accrued Expenses	6.34	6.44	3.65	2.46	5.06
Short-Term Debt	29.32	20.84	18.47	15.32	-
Current Portion of Long-Term Debt	-	-	5.91	-	17.3
Current Portion of Leases	4.59	6.97	5.31	6.98	5.5
Other Current Liabilities	7.26	16.76	14.51	1.56	3.27
Long-Term Debt	13.48	-	-	5.28	4.94
Long-Term Leases	3.24	0.9	4.12	9.42	0.88
Long-Term Deferred Tax Liabilities	0.69	0.54	0.1	0.2	0.42
Total Liabilities	66.91	55.87	61.25	72.17	90.56
Common Stock	1,811	1,811	1,760	1,760	1,680
Retained Earnings	-1,365	-1,240	-956.23	-778.28	-831.24
Comprehensive Income & Other	-60.88	-57.49	-56.47	-55.17	-9.72
Total Common Equity	384.73	513.72	747.64	926.9	839.34
Minority Interest	-0.04	-0.44	0.01	-0.01	-0.63
Shareholders' Equity	384.69	513.28	747.65	926.89	838.7
Total Liabilities & Equity	451.6	569.15	808.9	999.07	929.26
Total Debt	50.62	28.7	33.81	37.01	28.62
Net Cash (Debt)	84.2	144.15	299.1	470	287.66
Net Cash Growth	-41.59%	-51.80%	-36.36%	63.39%	-39.64%
Net Cash Per Share	0.34	0.60	1.44	2.49	2.14
Filing Date Shares Outstanding	247.35	247.35	207.86	207.86	170.51
Total Common Shares Outstanding	247.35	247.35	207.86	207.86	170.51
Working Capital	349.64	461.98	692.96	890.69	788.59
Book Value Per Share	1.56	2.08	3.60	4.46	4.92
Tangible Book Value	373.1	501.8	744.38	923.64	836.08
Tangible Book Value Per Share	1.51	2.03	3.58	4.44	4.90

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