VSING Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6	7.43	21.68	27.58	38.81
Trading Asset Securities	0.13	0.43	0.31	0.28	1
Cash & Short-Term Investments	6.13	7.87	21.99	27.87	39.81
Cash Growth	-22.10%	-64.22%	-21.10%	-29.99%	170.56%
Accounts Receivable	22.93	15.7	14.02	16.21	20.42
Other Receivables	14.65	4.3	4.1	10.32	0.8
Receivables	37.58	20	18.11	26.53	21.22
Inventory	6.29	4.59	4.92	6.98	4.75
Prepaid Expenses	1.69	2.93	1.86	1.29	3.95
Total Current Assets	51.69	35.38	46.88	62.67	69.72
Property, Plant & Equipment	8.33	2.39	2.33	11.66	24.42
Long-Term Investments	3.31	9.56	9.27	6.97	2.93
Goodwill	26.24	-	-	0.98	0.93
Other Intangible Assets	9.75	-	-	-	-
Total Assets	99.32	47.33	58.48	82.28	98
Accounts Payable	10.54	8.76	11.84	17.56	10.89
Accrued Expenses	2.84	2.14	1.65	2.19	2.57
Short-Term Debt	-	1.38	1.14	0.81	1.37
Current Portion of Long-Term Debt	5.26	1.52	2.74	2.62	3.48
Current Portion of Leases	2.95	1.19	1.3	1.54	0.78
Current Income Taxes Payable	1.15	0.08	0.02	0.03	0.03
Current Unearned Revenue	3.51	2	0.05	0.2	0.3
Other Current Liabilities	3.41	3.96	1.24	0.83	1.17
Total Current Liabilities	29.64	21.02	19.98	25.77	20.59
Long-Term Debt	0.21	1.65	0.89	0.75	9.11
Long-Term Leases	3.19	0.42	1.14	2.07	1.03
Long-Term Deferred Tax Liabilities	1.52	-	-	-	0.42
Total Liabilities	34.56	23.09	22.01	28.59	31.14
Common Stock	56.88	33.71	33.71	33.71	33.71
Additional Paid-In Capital	-	37.38	37.38	37.38	37.38
Retained Earnings	-	-61.61	-55.43	-35.03	-22.48
Comprehensive Income & Other	8.29	15.61	20.6	17.07	17.16
Total Common Equity	65.17	25.09	36.26	53.13	65.77
Minority Interest	-0.4	-0.85	0.21	0.56	1.08
Shareholders' Equity	64.76	24.24	36.47	53.69	66.85
Total Liabilities & Equity	99.32	47.33	58.48	82.28	98
Total Debt	11.6	6.16	7.2	7.79	15.76
Net Cash (Debt)	-5.47	1.71	14.78	20.08	24.04
Net Cash Growth	-	-88.45%	-26.36%	-16.50%	37467.19%
Net Cash Per Share	-0.01	0.00	0.02	0.03	0.09
Filing Date Shares Outstanding	1,039	633.6	633.6	633.6	633.6
Total Common Shares Outstanding	1,039	633.6	633.6	633.6	633.6
Working Capital	22.04	14.36	26.9	36.9	49.13
Book Value Per Share	0.06	0.04	0.06	0.08	0.10
Tangible Book Value	29.17	25.09	36.26	52.16	64.84
Tangible Book Value Per Share	0.03	0.04	0.06	0.08	0.10
Land	-	1.23	1.23	1.23	1.23
Buildings	-	1.09	1.84	2.49	11.23
Machinery	-	19.77	20.42	18.6	17.93
Leasehold Improvements	-	2.04	2.08	1.39	6.44

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