V & V Technology Holdings Limited (HKG:8113)

V & V Technology Holdings 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	33.96	47.19	91.9	98.86	140.96
Short-Term Investments	26.53	12.53	26.56	21.34	1.48
Cash & Short-Term Investments	60.49	59.72	118.45	120.21	142.44
Cash Growth	1.29%	-49.59%	-1.46%	-15.61%	16.05%
Accounts Receivable	118.11	101.82	114.66	130.22	142.41
Other Receivables	17.74	14.41	19.93	16.93	23.15
Receivables	135.85	116.23	134.59	147.15	165.56
Inventory	103.84	109.58	140.77	477.69	239.68
Prepaid Expenses	4.63	0.66	0.33	-	-
Other Current Assets	29.04	29.04	15	-	-
Total Current Assets	333.85	315.23	409.14	745.05	547.68
Property, Plant & Equipment	0.44	0.59	3.72	8.08	10.14
Other Intangible Assets	0.27	0.27	0.27	0.27	0.27
Other Long-Term Assets	-	-	-	0.79	0.78
Total Assets	334.55	316.08	413.13	754.18	558.86
Accounts Payable	88.62	115.28	131.95	308.92	295.5
Accrued Expenses	3.36	3.98	7.03	-	-
Short-Term Debt	151.16	117.52	220.43	302.34	54.67
Current Portion of Leases	-	-	2.64	3.47	2.73
Current Income Taxes Payable	0.09	0.09	0.09	0.16	6.43
Current Unearned Revenue	3.34	6.06	13.61	14.52	10.28
Other Current Liabilities	0.37	3.88	10.13	18.39	14.93
Total Current Liabilities	246.93	246.8	385.87	647.8	384.53
Long-Term Leases	-	-	0.06	2.9	5.61
Total Liabilities	246.93	246.8	385.93	650.7	390.14
Common Stock	14.54	9.69	6.53	6.53	6.53
Additional Paid-In Capital	106.94	88.36	54.78	54.78	54.78
Retained Earnings	-56.88	-53.7	-57.64	10.91	80.71
Comprehensive Income & Other	23.02	24.93	23.54	31.28	26.71
Shareholders' Equity	87.61	69.28	27.2	103.49	168.72
Total Liabilities & Equity	334.55	316.08	413.13	754.18	558.86
Total Debt	151.16	117.52	223.12	308.72	63
Net Cash (Debt)	-90.68	-57.8	-104.67	-188.51	79.44
Net Cash Per Share	-0.87	-0.73	-1.60	-2.89	1.22
Filing Date Shares Outstanding	145.36	96.91	65.28	65.28	65.28
Total Common Shares Outstanding	145.36	96.91	65.28	65.28	65.28
Working Capital	86.91	68.43	23.27	97.26	163.14
Book Value Per Share	0.60	0.71	0.42	1.59	2.58
Tangible Book Value	87.35	69.02	26.94	103.22	168.45
Tangible Book Value Per Share	0.60	0.71	0.41	1.58	2.58
Machinery	5.12	5.43	5.5	5.67	5.47
Leasehold Improvements	0.5	0.31	4.06	4.23	3.52

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