Glory Flame Holdings Limited (HKG:8059)

The Duckhorn Portfolio 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	43.82	36.15	36.25	37.13	37.25
Short-Term Investments	2.13	1.74	1.12	-	-
Cash & Short-Term Investments	45.94	37.89	37.38	37.13	37.25
Cash Growth	21.25%	1.38%	0.67%	-0.33%	22.16%
Accounts Receivable	40.74	56.11	66.21	45.95	37.88
Receivables	40.74	56.11	66.21	45.95	37.88
Inventory	2.47	1.86	3.16	3.14	4.55
Prepaid Expenses	1.58	1.16	3.99	1.7	30.81
Other Current Assets	-	-	-	2.9	3.11
Total Current Assets	90.74	97.02	110.74	90.81	113.61
Property, Plant & Equipment	13.73	22.33	25.35	25.03	29.5
Goodwill	0.94	0.94	0.94	0.94	0.94
Long-Term Deferred Tax Assets	0.32	-	-	-	-
Other Long-Term Assets	0.72	-	-	-	-
Total Assets	106.45	120.28	137.02	116.78	144.05
Accounts Payable	14.82	15.57	22.77	12.65	10.42
Accrued Expenses	9.06	8.09	10.91	9.16	3.94
Short-Term Debt	40.31	46.9	46.93	45.8	64.25
Current Portion of Leases	1.88	4.56	4.29	3.43	3.03
Current Income Taxes Payable	1.63	0.1	0.02	0.47	0.27
Other Current Liabilities	5.18	8.15	13.81	14.71	12.59
Total Current Liabilities	72.86	83.37	98.73	86.22	94.5
Long-Term Debt	48.21	37.51	29.25	18.45	-
Long-Term Leases	5.38	7.45	9.37	8.34	9.04
Long-Term Deferred Tax Liabilities	0.28	0.5	0.5	0.37	0.65
Total Liabilities	129.31	131.05	137.85	113.38	104.19
Common Stock	10.11	10.11	10.11	10.11	10.11
Additional Paid-In Capital	268.95	268.95	268.95	268.95	268.95
Retained Earnings	-317.2	-304.79	-295.02	-284.69	-247.84
Comprehensive Income & Other	14.69	13.56	14.21	14.82	14.02
Total Common Equity	-23.44	-12.18	-1.75	9.19	45.23
Minority Interest	0.58	1.41	0.92	-5.8	-5.38
Shareholders' Equity	-22.87	-10.77	-0.83	3.4	39.85
Total Liabilities & Equity	106.45	120.28	137.02	116.78	144.05
Total Debt	95.78	96.42	89.84	76.02	76.32
Net Cash (Debt)	-49.84	-58.52	-52.46	-38.89	-39.07
Net Cash Per Share	-0.05	-0.06	-0.05	-0.04	-0.04
Filing Date Shares Outstanding	1,011	1,011	1,011	1,011	1,011
Total Common Shares Outstanding	1,011	1,011	1,011	1,011	1,011
Working Capital	17.87	13.65	12.01	4.59	19.11
Book Value Per Share	-0.02	-0.01	-0.00	0.01	0.04
Tangible Book Value	-24.38	-13.11	-2.69	8.26	44.3
Tangible Book Value Per Share	-0.02	-0.01	-0.00	0.01	0.04
Machinery	70.02	71.16	79.87	82.55	81.94

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