Hing Ming Holdings Limited (HKG:8425)

Hing Ming Holdings Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	13.24	13.29	14.21	30.42	13.8	22.49
Short-Term Investments	-	1.47	0.63	2.96	0.5	1.21
Cash & Short-Term Investments	13.24	14.76	14.84	33.38	14.3	23.7
Cash Growth	-	-0.57%	-55.55%	133.44%	-39.66%	-39.55%
Accounts Receivable	12.5	22.8	23.26	17.41	14	12.78
Receivables	12.5	22.8	23.26	17.41	14	12.78
Inventory	2.79	2.79	6.88	0.21	0.19	1.19
Prepaid Expenses	8.68	0.74	0.2	1.14	0.61	0.47
Total Current Assets	37.21	41.08	45.18	52.14	29.09	38.14
Property, Plant & Equipment	149.29	138.48	131.04	125.63	109.68	105.09
Other Long-Term Assets	-	1.57	2.45	1.13	3.68	7.3
Total Assets	186.5	181.13	178.66	178.9	142.46	150.53
Accounts Payable	2.7	11.96	10.11	3.32	0.33	0.98
Accrued Expenses	10.45	3.37	3.34	1.93	0.89	2.41
Short-Term Debt	-	4.06	6.85	11.67	-	-
Current Portion of Leases	5.1	7.8	7	7.99	3.28	7.16
Current Income Taxes Payable	-	-	-	-	0.4	2.67
Current Unearned Revenue	-	-	-	-	-	1.83
Other Current Liabilities	10.35	11.31	5.31	7.31	-	-
Total Current Liabilities	36.56	38.5	32.6	32.21	4.9	15.04
Long-Term Leases	4	5.42	5.65	10.88	-	3.28
Long-Term Deferred Tax Liabilities	17.78	17.38	16.38	14.45	13.17	12.4
Other Long-Term Liabilities	2.53	2.94	6.58	-	-	-
Total Liabilities	77.81	64.24	61.2	57.54	18.07	30.72
Common Stock	3.76	3.76	3.76	4	4	4
Additional Paid-In Capital	57.8	57.8	57.8	63.82	63.82	63.82
Retained Earnings	41.13	49.33	49.9	47.53	50.57	45.99
Comprehensive Income & Other	6	6	6	6	6	6
Shareholders' Equity	108.69	116.89	117.46	121.35	124.39	119.81
Total Liabilities & Equity	186.5	181.13	178.66	178.9	142.46	150.53
Total Debt	33.99	17.28	19.5	30.54	3.28	10.44
Net Cash (Debt)	-20.75	-2.53	-4.66	2.84	11.02	13.26
Net Cash Growth	-	-	-	-74.20%	-16.89%	-48.14%
Net Cash Per Share	-0.06	-0.01	-0.01	0.01	0.03	0.03
Filing Date Shares Outstanding	376	376	376	400	400	400
Total Common Shares Outstanding	376	376	376	400	400	400
Working Capital	0.65	2.58	12.58	19.93	24.2	23.1
Book Value Per Share	0.29	0.31	0.31	0.30	0.31	0.30
Tangible Book Value	108.69	116.89	117.46	121.35	124.39	119.81
Tangible Book Value Per Share	0.29	0.31	0.31	0.30	0.31	0.30
Machinery	-	206.87	186.35	166.68	154.39	134.85

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