HE Group Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	60.38	57.74	22.92	13.77	4.98	0.73
Short-Term Investments	-	0.18	0.16	0.16	0.23	0.12
Cash & Short-Term Investments	60.38	57.91	23.08	13.94	5.21	0.85
Cash Growth	333.25%	150.93%	65.61%	167.33%	513.19%	-
Accounts Receivable	46.48	44.33	57.95	65.88	45.51	10.22
Other Receivables	-	0.05	0.33	0.27	2.02	2.02
Receivables	46.48	44.38	58.28	66.16	47.53	12.24
Inventory	2.32	2.61	1.94	0.72	0.43	0.12
Prepaid Expenses	-	0.32	0.05	0.01	-	-
Other Current Assets	-	0.34	4.71	5.34	1.59	1.19
Total Current Assets	109.18	105.57	88.06	86.18	54.77	14.39
Property, Plant & Equipment	3.54	3.62	3.11	1.91	1.12	1
Long-Term Investments	-	-	-	-	-	0.4
Other Long-Term Assets	2.01	2	1.96	1.18	5.82	4.7
Total Assets	114.73	111.19	93.13	89.27	61.71	20.49
Accounts Payable	28.12	26.84	30.05	38.63	39.65	5.45
Accrued Expenses	-	1.32	1.17	1.02	0.83	0.37
Short-Term Debt	-	-	-	8.52	5.83	3.66
Current Portion of Long-Term Debt	0.37	0.36	0.34	0.22	0.16	0.11
Current Portion of Leases	0.57	0.57	0.47	0.27	0.07	0.02
Current Income Taxes Payable	1.93	2.29	1.68	0.78	1.03	0.05
Current Unearned Revenue	16.91	15.58	29.54	21.98	0.54	0.8
Other Current Liabilities	-	0.06	0.69	0.65	0.05	0
Total Current Liabilities	47.9	47.03	63.94	72.07	48.16	10.47
Long-Term Debt	0.72	0.82	1.18	0.67	0.6	0.76
Long-Term Leases	1.21	1.33	1.08	0.5	0.09	-
Long-Term Deferred Tax Liabilities	0.13	0.13	0.09	0.13	0.14	0.17
Total Liabilities	49.96	49.31	66.28	73.38	48.99	11.4
Common Stock	39	39	15.89	1	1	1
Retained Earnings	40.66	37.77	25.85	14.89	11.72	8.09
Comprehensive Income & Other	-14.89	-14.89	-14.89	-	-	-
Shareholders' Equity	64.77	61.88	26.85	15.89	12.72	9.09
Total Liabilities & Equity	114.73	111.19	93.13	89.27	61.71	20.49
Total Debt	2.87	3.08	3.07	10.18	6.75	4.55
Net Cash (Debt)	57.51	54.84	20.01	3.76	-1.54	-3.7
Net Cash Growth	1429.80%	174.09%	432.23%	-	-	-
Net Cash Per Share	0.13	0.12	0.06	0.01	-1.54	-3.70
Filing Date Shares Outstanding	440	440	440	1	1	1
Total Common Shares Outstanding	440	440	353.11	1	1	1
Working Capital	61.28	58.54	24.12	14.11	6.61	3.92
Book Value Per Share	0.15	0.14	0.08	15.89	12.72	9.09
Tangible Book Value	64.77	61.88	26.85	15.89	12.72	9.09
Tangible Book Value Per Share	0.15	0.14	0.08	15.89	12.72	9.09
Buildings	-	1.81	1.58	0.53	0.09	-
Machinery	-	3.41	2.88	2.38	1.98	1.78

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.