Freetech Road Recycling Technology (Holdings) Limited (HKG:6888)

HKG:6888 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	279.26	246.69	251.78	269	237.3
Short-Term Investments	-	-	-	8.58	12.37
Trading Asset Securities	-	-	22.52	-	4.76
Cash & Short-Term Investments	279.26	246.69	274.3	277.57	254.43
Cash Growth	13.20%	-10.07%	-1.18%	9.10%	9.72%
Accounts Receivable	239.28	477.1	449.7	440.69	434.19
Other Receivables	10.92	12.16	17.55	28.41	30.17
Receivables	250.19	489.27	467.25	469.1	464.36
Inventory	167.24	177.34	185.53	181.19	54.26
Prepaid Expenses	21.7	19.73	16.98	21.33	24.47
Other Current Assets	14.5	7.59	12.04	32.72	38.68
Total Current Assets	732.89	940.61	956.09	981.92	836.2
Property, Plant & Equipment	91.62	131.15	144.95	171.19	181.98
Long-Term Investments	10.71	12.95	19.4	30.9	32.8
Goodwill	-	6.15	6.15	6.15	6.15
Other Intangible Assets	0.27	0.92	1.54	2.35	2.77
Long-Term Accounts Receivable	-	-	-	-	6.95
Long-Term Deferred Tax Assets	-	0.01	0.21	0.65	0.87
Other Long-Term Assets	147.8	144.46	146.12	147.11	266.65
Total Assets	983.29	1,236	1,274	1,340	1,334
Accounts Payable	60.97	274.38	297.4	277.32	320.02
Accrued Expenses	20.82	25.5	26.2	19.71	18.16
Short-Term Debt	117.51	99.12	91.21	95.44	99.96
Current Portion of Leases	0.98	1.62	2.53	2.05	2.54
Current Income Taxes Payable	3.84	2.35	2.39	1.88	-
Current Unearned Revenue	0.55	0.38	14.27	0.75	0.6
Other Current Liabilities	54	51.57	65.25	51.44	58.68
Total Current Liabilities	258.66	454.92	499.25	448.6	499.95
Long-Term Leases	-	0.99	2.53	0.02	0.99
Long-Term Deferred Tax Liabilities	15.87	17.03	17.56	27.85	26.2
Total Liabilities	274.53	472.93	519.34	476.46	527.14
Common Stock	107.9	107.9	107.9	107.9	107.9
Additional Paid-In Capital	757.79	757.79	757.79	757.79	757.79
Retained Earnings	-13.47	-26.03	-38.46	-6.67	-26.51
Comprehensive Income & Other	-153.05	-124.3	-104.94	-40.03	-63.59
Total Common Equity	699.17	715.36	722.29	818.99	775.6
Minority Interest	9.59	47.95	32.84	44.82	31.63
Shareholders' Equity	708.77	763.32	755.13	863.81	807.22
Total Liabilities & Equity	983.29	1,236	1,274	1,340	1,334
Total Debt	118.49	101.72	96.27	97.5	103.48
Net Cash (Debt)	160.77	144.97	178.04	180.07	150.94
Net Cash Growth	10.90%	-18.57%	-1.13%	19.30%	30.73%
Net Cash Per Share	0.16	0.14	0.17	0.17	0.14
Filing Date Shares Outstanding	1,079	1,079	1,079	1,079	1,079
Total Common Shares Outstanding	1,079	1,079	1,079	1,079	1,079
Working Capital	474.23	485.7	456.85	533.32	336.25
Book Value Per Share	0.65	0.66	0.67	0.76	0.72
Tangible Book Value	698.9	708.29	714.6	810.49	766.68
Tangible Book Value Per Share	0.65	0.66	0.66	0.75	0.71
Buildings	80.07	89.62	91.64	99.57	96.84
Machinery	305.65	400.8	432.42	363.74	343.29
Leasehold Improvements	0.14	2.5	2.57	2.82	2.74

Updated Sep 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.