Indigo Star Holdings Limited (HKG:8373)

Indigo Star Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	20.17	11.74	13.21	10.32	5.81	4.9
Short-Term Investments	-	0.55	0.17	0.51	0.38	0.24
Trading Asset Securities	0.96	1.16	0.51	0.65	1.03	1.48
Cash & Short-Term Investments	21.13	13.45	13.89	11.48	7.21	6.61
Cash Growth	56.72%	-3.20%	21.04%	59.10%	9.11%	-6.74%
Accounts Receivable	20.7	19.35	15.57	12.61	9.59	8.3
Other Receivables	-	0.63	1.21	1.16	2.37	3.26
Receivables	20.7	19.98	16.79	13.76	11.96	11.56
Inventory	5.76	2.52	3.12	0.9	0.81	-
Prepaid Expenses	3.64	1.68	0.34	0.26	0.59	0.57
Other Current Assets	0.34	0.34	0.34	0.34	0.34	0.34
Total Current Assets	51.58	37.96	34.48	26.74	20.91	19.08
Property, Plant & Equipment	7.43	7.55	6.44	6.92	7.43	7.7
Long-Term Deferred Tax Assets	0.06	0.06	0.02	0.05	0.22	-
Other Long-Term Assets	0.21	0.22	0.22	0.23	0.23	0.24
Total Assets	59.28	45.79	41.16	33.93	28.79	27.02

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	3.35	5.07	0.72	1.8	0.81	0.68
Accrued Expenses	-	4.67	5.71	4.7	2.82	2.53
Short-Term Debt	3.44	2.37	3.3	1.92	3.05	4.15
Current Portion of Leases	0.27	0.27	0.09	0.08	0.06	0.11
Current Income Taxes Payable	0.85	0.84	0.6	0.53	0.24	-
Current Unearned Revenue	18.98	7.96	9.46	6.3	3.47	2.97
Other Current Liabilities	7.72	3.71	2.78	3.31	3.9	2.44
Total Current Liabilities	34.6	24.9	22.67	18.64	14.33	12.88
Long-Term Leases	1.35	1.42	0.97	0.9	0.96	1.02
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03	0.03
Total Liabilities	35.95	26.31	23.64	19.54	15.31	13.92

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.7	0.7	0.7	0.7	0.7	0.7
Additional Paid-In Capital	8.06	8.06	8.06	8.06	8.06	8.06
Retained Earnings	11.59	7.63	5.69	2.52	1.52	1.23
Comprehensive Income & Other	2.99	3.09	3.08	3.11	3.21	3.11
Shareholders' Equity	23.33	19.48	17.52	14.39	13.48	13.1
Total Liabilities & Equity	59.28	45.79	41.16	33.93	28.79	27.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	5.06	4.06	4.36	2.91	4.06	5.28
Net Cash (Debt)	16.07	9.39	9.53	8.57	3.15	1.34
Net Cash Growth	68.28%	-1.47%	11.15%	171.98%	135.85%	-64.47%
Net Cash Per Share	0.40	0.23	0.24	0.21	0.08	0.03
Filing Date Shares Outstanding	40	40	40	40	40	40
Total Common Shares Outstanding	40	40	40	40	40	40
Working Capital	16.98	13.07	11.81	8.1	6.59	6.2
Book Value Per Share	0.58	0.49	0.44	0.36	0.34	0.33
Tangible Book Value	23.33	19.48	17.52	14.39	13.48	13.1
Tangible Book Value Per Share	0.58	0.49	0.44	0.36	0.34	0.33
Machinery	-	2.99	2.3	2.25	2.01	1.7
Leasehold Improvements	-	0.7	0.69	0.69	0.67	0.54
Order Backlog	-	164.1	82.1	98.1	96.3	19.8

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 6, 2026

Data Sources Report a data error