Boustead Heavy Industries Corporation Berhad (KLSE: BHIC)

BHIC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	77.73	69.22	26.35	4.15	3.5	28.31
Short-Term Investments	-	1.15	0.95	0.98	0.86	0.94
Cash & Short-Term Investments	77.73	70.36	27.31	5.13	4.36	29.25
Cash Growth	871.96%	157.69%	432.07%	17.65%	-85.08%	54.99%
Accounts Receivable	111.52	55.63	69.84	100.03	265.94	234.18
Other Receivables	0.33	1.44	4.02	2.94	4.08	7.75
Receivables	111.85	60.82	77.44	106.99	274.07	245.85
Inventory	2.46	2.46	2.94	2.91	3.16	6.21
Prepaid Expenses	-	1.6	0.13	0.21	0.38	0.3
Other Current Assets	-	12.18	0.6	4.49	4.18	7.23
Total Current Assets	192.04	147.42	108.42	119.74	286.15	288.84
Property, Plant & Equipment	27.66	27.82	27.24	39.49	41.35	52.45
Long-Term Investments	89.94	92.62	83.36	79.46	82.5	99.93
Long-Term Accounts Receivable	-	-	254.86	201.33	-	-
Long-Term Deferred Tax Assets	-	-	0.19	4.41	-	15.39
Other Long-Term Assets	9.14	9.48	10.84	10.83	11.5	12.36
Total Assets	318.78	277.34	484.89	455.26	421.5	468.97
Accounts Payable	96.7	40.21	27.09	30.3	26.55	21.81
Accrued Expenses	-	14.57	11.61	8.26	9.81	12.58
Short-Term Debt	-	-	162.5	200.5	202.5	211.5
Current Portion of Long-Term Debt	1.8	6.23	20.24	3.43	33.75	18.12
Current Portion of Leases	2.51	2.03	0.86	0.66	0.6	0.81
Current Income Taxes Payable	20.63	15.92	10.86	6.53	0.23	0.21
Current Unearned Revenue	0.87	12.05	-	-	0.02	1.51
Other Current Liabilities	12.66	20.06	120.94	34.18	20.62	6.95
Total Current Liabilities	135.17	111.06	354.09	283.87	294.07	273.5
Long-Term Debt	3.32	4.16	63.29	83.51	54.82	71.57
Long-Term Leases	7.53	7.86	6.83	7.29	7.21	7.78
Long-Term Deferred Tax Liabilities	-	-	0.02	-	0	0.14
Total Liabilities	146.01	123.07	424.22	374.67	356.1	352.99
Common Stock	427.21	427.21	248.46	248.46	248.46	248.46
Retained Earnings	-435.23	-453.72	-187.79	-167.87	-183.06	-132.48
Total Common Equity	-8.01	-26.51	60.67	80.59	65.4	115.98
Shareholders' Equity	172.76	154.27	60.67	80.59	65.4	115.98
Total Liabilities & Equity	318.78	277.34	484.89	455.26	421.5	468.97
Total Debt	15.16	20.28	253.71	295.39	298.88	309.78
Net Cash (Debt)	62.57	50.09	-226.41	-290.26	-294.51	-280.53
Net Cash Per Share	0.15	0.20	-0.91	-1.17	-1.19	-1.13
Filing Date Shares Outstanding	427.21	564.28	248.46	248.46	248.46	248.46
Total Common Shares Outstanding	427.21	427.21	248.46	248.46	248.46	248.46
Working Capital	56.87	36.36	-245.67	-164.12	-7.92	15.34
Book Value Per Share	-0.02	-0.06	0.24	0.32	0.26	0.47
Tangible Book Value	-8.01	-26.51	60.67	80.59	65.4	115.98
Tangible Book Value Per Share	-0.02	-0.06	0.24	0.32	0.26	0.47
Buildings	-	15.58	15.8	15.8	15.8	35.83
Machinery	-	16.68	16.71	16.74	16.79	52.3

Source: S&P Capital IQ. Standard template. Financial Sources.