Top Spring International Holdings Limited (HKG:3688)

HKG:3688 Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	386.05	376.87	665.19	579.98	1,077	1,653
Trading Asset Securities	2.73	2.89	2.84	31.21	130.86	103.23
Cash & Short-Term Investments	388.77	379.76	668.03	611.19	1,208	1,756
Cash Growth	-24.17%	-43.15%	9.30%	-49.41%	-31.21%	-21.26%
Accounts Receivable	59.65	51.45	56.61	69.13	84.84	101.31
Other Receivables	48.29	227.5	91.7	343.26	628.8	267.07
Receivables	614.03	576.35	245.31	518.38	862.61	472.12
Inventory	4,715	5,077	6,301	7,146	9,952	10,884
Prepaid Expenses	212.08	391.62	442.05	260.93	498.65	395.41
Other Current Assets	1,775	2,388	2,308	2,879	3,772	3,955
Total Current Assets	7,705	8,813	9,964	11,416	16,293	17,464
Property, Plant & Equipment	6,020	6,476	8,244	8,471	9,162	7,438
Long-Term Investments	66.67	64.83	222.75	262.1	1,153	644
Goodwill	40.74	40.74	40.74	40.74	40.74	40.74
Other Intangible Assets	3.77	3.77	3.77	3.77	3.77	3.77
Long-Term Deferred Tax Assets	127.67	125.05	112.66	83.29	87.45	85.54
Other Long-Term Assets	1,127	1,094	1,251	1,353	1,427	1,305
Total Assets	15,091	16,617	20,041	21,833	28,374	27,182
Accounts Payable	202.03	217.52	235.71	194.07	182.55	221.12
Accrued Expenses	60.89	67.64	90.62	92.02	250.55	147.73
Short-Term Debt	60.6	58.89	71.93	88.28	346.31	342.36
Current Portion of Long-Term Debt	1,796	2,660	3,306	2,569	6,197	5,967
Current Portion of Leases	7.33	5.83	6.07	10.61	7.58	21.97
Current Income Taxes Payable	197.5	150.05	156.6	269.16	217.57	168.26
Current Unearned Revenue	160.91	162.17	146.77	99.06	1,927	726.23
Other Current Liabilities	2,346	2,390	2,608	2,822	3,723	3,541
Total Current Liabilities	4,832	5,712	6,622	6,144	12,851	11,136
Long-Term Debt	3,881	3,821	3,948	5,097	3,649	4,496
Long-Term Leases	28.75	28.75	28.95	35.87	39.2	40.68
Long-Term Deferred Tax Liabilities	910.55	1,030	1,318	1,274	1,465	1,356
Total Liabilities	9,653	10,592	11,918	12,551	18,004	17,028
Common Stock	141.27	141.27	141.27	141.27	141.27	141.27
Additional Paid-In Capital	-	1,952	1,952	1,952	1,952	1,952
Retained Earnings	-	5,314	7,146	8,009	8,186	8,244
Comprehensive Income & Other	5,340	-1,339	-1,148	-878.88	23.01	-262.1
Total Common Equity	5,482	6,069	8,092	9,224	10,303	10,075
Minority Interest	-43.33	-43.89	30.96	58.13	67.01	79.31
Shareholders' Equity	5,438	6,025	8,123	9,282	10,370	10,154
Total Liabilities & Equity	15,091	16,617	20,041	21,833	28,374	27,182
Total Debt	5,774	6,574	7,361	7,801	10,239	10,867
Net Cash (Debt)	-5,385	-6,194	-6,693	-7,189	-9,031	-9,111
Net Cash Per Share	-3.52	-4.05	-4.38	-4.70	-5.91	-5.96
Filing Date Shares Outstanding	1,529	1,529	1,529	1,529	1,529	1,529
Total Common Shares Outstanding	1,529	1,529	1,529	1,529	1,529	1,529
Working Capital	2,873	3,101	3,342	5,272	3,442	6,328
Book Value Per Share	3.58	3.97	5.29	6.03	6.74	6.59
Tangible Book Value	5,437	6,024	8,048	9,179	10,258	10,030
Tangible Book Value Per Share	3.56	3.94	5.26	6.00	6.71	6.56
Machinery	-	116.03	115.42	115.91	122.76	113.77

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