GE-Shen Corporation Berhad (KLSE: GESHEN)

GESHEN 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	18.51	22.76	11.45	6.52	8.85	7.22
Short-Term Investments	-	1.14	4.49	1.35	2.22	1.89
Cash & Short-Term Investments	18.51	23.9	15.94	7.87	11.07	9.11
Cash Growth	5.26%	49.90%	102.47%	-28.84%	21.45%	-39.46%
Accounts Receivable	43.9	38.57	44.93	48.43	39.7	30.4
Other Receivables	36.67	2.29	2.69	2.99	3.05	3.13
Receivables	80.57	40.86	47.62	51.42	42.75	33.53
Inventory	45.42	49.46	38.44	48.14	38.83	29.82
Prepaid Expenses	-	2.32	1.55	1.84	1.67	1.16
Other Current Assets	4.46	6.63	7.16	4.92	2.83	2.74
Total Current Assets	148.97	123.16	110.71	114.2	97.14	76.36
Property, Plant & Equipment	118.78	144.81	133.35	129.34	123.32	126.63
Long-Term Investments	-	-	-	-	1.04	1.18
Goodwill	40.35	42.82	31.2	31.2	31.2	31.2
Total Assets	308.09	310.79	275.26	274.73	252.7	235.37
Accounts Payable	21.47	22.62	25.67	25.68	36.9	24.93
Accrued Expenses	-	6.48	6.29	6.9	7.99	7.3
Short-Term Debt	30.26	39.42	41.66	45.51	28.15	27.5
Current Portion of Long-Term Debt	5.68	7.72	7.23	5.81	11.17	9.54
Current Portion of Leases	2.34	3.01	3.72	4.59	4.62	4.41
Current Income Taxes Payable	2.56	1.86	0.58	0.21	-	-
Other Current Liabilities	23.79	15.91	9.94	15.29	11.66	6.35
Total Current Liabilities	86.09	97.03	95.08	103.98	100.47	80.02
Long-Term Debt	47.59	52.88	45.08	41.39	40.15	43.72
Long-Term Leases	5.47	2.29	4.1	7.4	9.19	10.18
Long-Term Deferred Tax Liabilities	2.34	2.51	2.37	3.47	2.84	2.57
Total Liabilities	141.49	154.71	146.64	156.23	152.65	136.5
Common Stock	84.62	75.96	61.86	61.86	59.38	45.64
Retained Earnings	72.82	65.29	56.84	46.68	33.53	31.4
Treasury Stock	-	-0.16	-0.16	-	-1.84	-1.84
Comprehensive Income & Other	4.03	5.94	5.14	4.46	4.28	4.43
Total Common Equity	161.47	147.03	123.67	112.99	95.35	79.63
Minority Interest	5.13	9.05	4.95	5.51	4.7	5.51
Shareholders' Equity	166.6	156.08	128.62	118.5	100.04	98.87
Total Liabilities & Equity	308.09	310.79	275.26	274.73	252.7	235.37
Total Debt	91.33	105.32	101.78	104.69	93.27	95.35
Net Cash (Debt)	-72.82	-81.43	-85.84	-96.82	-82.2	-86.24
Net Cash Per Share	-0.59	-0.70	-0.77	-0.86	-0.84	-1.12
Filing Date Shares Outstanding	127.02	125.56	109.85	110.02	109.58	76.93
Total Common Shares Outstanding	127.02	121.62	109.85	110.02	106.93	76.93
Working Capital	62.87	26.13	15.63	10.22	-3.33	-3.67
Book Value Per Share	1.27	1.21	1.13	1.03	0.89	1.04
Tangible Book Value	121.12	104.21	92.48	81.8	64.15	48.43
Tangible Book Value Per Share	0.95	0.86	0.84	0.74	0.60	0.63
Land	-	30.84	30.18	26.56	23.61	23.61
Buildings	-	56.67	45.31	42.68	40.95	40.93
Machinery	-	204.17	189.31	183.41	145.27	138.67
Construction In Progress	-	0.05	1.24	0.02	0.05	0.31

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