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	Sep '25 Sep 30, 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	55.88	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	55.88	57.91	23.08	13.94	5.21	0.85
Cash Growth	25.97%	150.93%	65.61%	167.33%	513.19%	-
Accounts Receivable	45.96	44.33	57.95	65.88	45.51	10.22
Other Receivables	-	0.05	0.33	0.27	2.02	2.02
Receivables	45.96	44.38	58.28	66.16	47.53	12.24
Inventory	2.42	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	104.27	105.57	88.06	86.18	54.77	14.39
Property, Plant & Equipment	3.45	3.62	3.11	1.91	1.12	1
Long-Term Investments	-	-	-	-	-	0.4
Other Long-Term Assets	2.03	2	1.96	1.18	5.82	4.7
Total Assets	109.75	111.19	93.13	89.27	61.71	20.49
Accounts Payable	34.5	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	0.38	0.36	0.34	0.22	0.16	0.11
Current Portion of Leases	0.56	0.57	0.47	0.27	0.07	0.02
Current Income Taxes Payable	1.08	2.29	1.68	0.78	1.03	0.05
Current Unearned Revenue	2.08	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	38.59	47.03	63.94	72.07	48.16	10.47
Long-Term Debt	0.53	0.82	1.18	0.67	0.6	0.76
Long-Term Leases	1.1	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	40.36	49.31	66.28	73.38	48.99	11.4
Common Stock	39	39	15.89	1	1	1
Retained Earnings	45.28	37.77	25.85	14.89	11.72	8.09
Comprehensive Income & Other	-14.89	-14.89	-14.89	-	-	-
Shareholders' Equity	69.39	61.88	26.85	15.89	12.72	9.09
Total Liabilities & Equity	109.75	111.19	93.13	89.27	61.71	20.49
Total Debt	2.57	3.08	3.07	10.18	6.75	4.55
Net Cash (Debt)	53.32	54.84	20.01	3.76	-1.54	-3.7
Net Cash Growth	28.81%	174.09%	432.23%	-	-	-
Net Cash Per Share	0.12	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	65.68	58.54	24.12	14.11	6.61	3.92
Book Value Per Share	0.16	0.14	0.08	15.89	12.72	9.09
Tangible Book Value	69.39	61.88	26.85	15.89	12.72	9.09
Tangible Book Value Per Share	0.16	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.