HE Group Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	57.74	22.92	13.77	4.98	0.73
Short-Term Investments	-	0.16	0.16	0.23	0.12
Cash & Short-Term Investments	57.74	23.08	13.94	5.21	0.85
Cash Growth	150.17%	65.61%	167.33%	513.19%	-
Accounts Receivable	45.21	57.95	65.88	45.51	10.22
Other Receivables	-	0.33	0.27	2.02	2.02
Receivables	45.21	58.28	66.16	47.53	12.24
Inventory	2.61	1.94	0.72	0.43	0.12
Prepaid Expenses	-	0.05	0.01	-	-
Other Current Assets	-	4.71	5.34	1.59	1.19
Total Current Assets	105.55	88.06	86.18	54.77	14.39
Property, Plant & Equipment	3.62	3.11	1.91	1.12	1
Long-Term Investments	-	-	-	-	0.4
Other Long-Term Assets	2	1.96	1.18	5.82	4.7
Total Assets	111.17	93.13	89.27	61.71	20.49
Accounts Payable	28.22	30.05	38.63	39.65	5.45
Accrued Expenses	-	1.17	1.02	0.83	0.37
Short-Term Debt	-	-	8.52	5.83	3.66
Current Portion of Long-Term Debt	0.36	0.34	0.22	0.16	0.11
Current Portion of Leases	0.57	0.47	0.27	0.07	0.02
Current Income Taxes Payable	2.32	1.68	0.78	1.03	0.05
Current Unearned Revenue	15.58	29.54	21.98	0.54	0.8
Other Current Liabilities	-	0.69	0.65	0.05	0
Total Current Liabilities	47.06	63.94	72.07	48.16	10.47
Long-Term Debt	0.82	1.18	0.67	0.6	0.76
Long-Term Leases	1.33	1.08	0.5	0.09	-
Long-Term Deferred Tax Liabilities	0.09	0.09	0.13	0.14	0.17
Total Liabilities	49.29	66.28	73.38	48.99	11.4
Common Stock	39	15.89	1	1	1
Retained Earnings	37.78	25.85	14.89	11.72	8.09
Comprehensive Income & Other	-14.89	-14.89	-	-	-
Shareholders' Equity	61.88	26.85	15.89	12.72	9.09
Total Liabilities & Equity	111.17	93.13	89.27	61.71	20.49
Total Debt	3.08	3.07	10.18	6.75	4.55
Net Cash (Debt)	54.66	20.01	3.76	-1.54	-3.7
Net Cash Growth	173.20%	432.23%	-	-	-
Net Cash Per Share	0.12	0.06	0.01	-1.54	-3.70
Filing Date Shares Outstanding	440	440	1	1	1
Total Common Shares Outstanding	440	353.11	1	1	1
Working Capital	58.49	24.12	14.11	6.61	3.92
Book Value Per Share	0.14	0.08	15.89	12.72	9.09
Tangible Book Value	61.88	26.85	15.89	12.72	9.09
Tangible Book Value Per Share	0.14	0.08	15.89	12.72	9.09
Buildings	-	1.58	0.53	0.09	-
Machinery	-	2.88	2.38	1.98	1.78

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