Boustead Heavy Industries Corporation Berhad (KLSE:BHIC)

KLSE:BHIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	99.29	131.3	69.22	26.35	4.15	3.5
Short-Term Investments	-	1.06	1.15	0.95	0.98	0.86
Cash & Short-Term Investments	99.29	132.37	70.36	27.31	5.13	4.36
Cash Growth	49.91%	88.12%	157.69%	432.07%	17.65%	-85.08%
Accounts Receivable	88.01	5.25	55.63	69.84	100.03	265.94
Other Receivables	6.24	1.38	1.44	4.02	2.94	4.08
Receivables	94.24	12.42	60.82	77.44	106.99	274.07
Inventory	18.53	12.22	2.46	2.94	2.91	3.16
Prepaid Expenses	-	2.73	1.6	0.13	0.21	0.38
Other Current Assets	-	43.72	12.18	0.6	4.49	4.18
Total Current Assets	212.06	203.45	147.42	108.42	119.74	286.15
Property, Plant & Equipment	26.29	26.68	27.82	27.24	39.49	41.35
Long-Term Investments	23.68	24.1	92.62	83.36	79.46	82.5
Long-Term Accounts Receivable	-	-	-	254.86	201.33	-
Long-Term Deferred Tax Assets	-	-	-	0.19	4.41	-
Other Long-Term Assets	8.99	9.2	9.48	10.84	10.83	11.5
Total Assets	271.02	263.44	277.34	484.89	455.26	421.5
Accounts Payable	89.6	43.68	40.21	27.09	30.3	26.55
Accrued Expenses	-	12.08	14.57	11.61	8.26	9.81
Short-Term Debt	-	-	-	162.5	200.5	202.5
Current Portion of Long-Term Debt	1.53	1.91	6.23	20.24	3.43	33.75
Current Portion of Leases	1.32	1.87	2.03	0.86	0.66	0.6
Current Income Taxes Payable	1.16	11.93	15.92	10.86	6.53	0.23
Current Unearned Revenue	65.42	49.45	12.05	-	-	0.02
Other Current Liabilities	12.65	33.83	20.06	120.94	34.18	20.62
Total Current Liabilities	171.67	154.75	111.06	354.09	283.87	294.07
Long-Term Debt	1.2	2.25	4.16	63.29	83.51	54.82
Long-Term Leases	5.71	6.91	7.86	6.83	7.29	7.21
Long-Term Deferred Tax Liabilities	-	-	-	0.02	-	0
Total Liabilities	178.59	163.9	123.07	424.22	374.67	356.1
Common Stock	427.21	427.21	427.21	248.46	248.46	248.46
Retained Earnings	-470.87	-463.77	-453.72	-187.79	-167.87	-183.06
Total Common Equity	-43.66	-36.56	-26.51	60.67	80.59	65.4
Shareholders' Equity	92.43	99.54	154.27	60.67	80.59	65.4
Total Liabilities & Equity	271.02	263.44	277.34	484.89	455.26	421.5
Total Debt	9.76	12.93	20.28	253.71	295.39	298.88
Net Cash (Debt)	89.53	119.44	50.09	-226.41	-290.26	-294.51
Net Cash Growth	71.69%	138.45%	-	-	-	-
Net Cash Per Share	0.16	0.17	0.20	-0.91	-1.17	-1.19
Filing Date Shares Outstanding	564.28	564.28	564.28	248.46	248.46	248.46
Total Common Shares Outstanding	564.28	564.28	427.21	248.46	248.46	248.46
Working Capital	40.38	48.71	36.36	-245.67	-164.12	-7.92
Book Value Per Share	-0.08	-0.06	-0.06	0.24	0.32	0.26
Tangible Book Value	-43.66	-36.56	-26.51	60.67	80.59	65.4
Tangible Book Value Per Share	-0.08	-0.06	-0.06	0.24	0.32	0.26
Buildings	-	8.8	15.58	15.8	15.8	15.8
Machinery	-	16.9	16.68	16.71	16.74	16.79

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.