HE Group Berhad Balance Sheet

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	62.11	57.74	22.92	13.77	4.98
Short-Term Investments	-	0.18	0.16	0.16	0.23
Cash & Short-Term Investments	62.11	57.91	23.08	13.94	5.21
Cash Growth	7.24%	150.93%	65.61%	167.33%	513.19%
Accounts Receivable	43.19	44.33	57.95	65.88	45.51
Other Receivables	-	0.05	0.33	0.27	2.02
Receivables	43.19	44.38	58.28	66.16	47.53
Inventory	3.12	2.61	1.94	0.72	0.43
Prepaid Expenses	-	0.32	0.05	0.01	-
Other Current Assets	-	0.34	4.71	5.34	1.59
Total Current Assets	108.42	105.57	88.06	86.18	54.77
Property, Plant & Equipment	3.49	3.62	3.11	1.91	1.12
Other Long-Term Assets	2.04	2	1.96	1.18	5.82
Total Assets	113.96	111.19	93.13	89.27	61.71
Accounts Payable	38.12	26.84	30.05	38.63	39.65
Accrued Expenses	-	1.32	1.17	1.02	0.83
Short-Term Debt	-	-	-	8.52	5.83
Current Portion of Long-Term Debt	0.38	0.36	0.34	0.22	0.16
Current Portion of Leases	0.62	0.57	0.47	0.27	0.07
Current Income Taxes Payable	0.84	2.29	1.68	0.78	1.03
Current Unearned Revenue	1.38	15.58	29.54	21.98	0.54
Other Current Liabilities	-	0.06	0.69	0.65	0.05
Total Current Liabilities	41.35	47.03	63.94	72.07	48.16
Long-Term Debt	0.44	0.82	1.18	0.67	0.6
Long-Term Leases	1.11	1.33	1.08	0.5	0.09
Long-Term Deferred Tax Liabilities	0.13	0.13	0.09	0.13	0.14
Total Liabilities	43.03	49.31	66.28	73.38	48.99
Common Stock	39	39	15.89	1	1
Retained Earnings	46.82	37.77	25.85	14.89	11.72
Comprehensive Income & Other	-14.89	-14.89	-14.89	-	-
Shareholders' Equity	70.93	61.88	26.85	15.89	12.72
Total Liabilities & Equity	113.96	111.19	93.13	89.27	61.71
Total Debt	2.55	3.08	3.07	10.18	6.75
Net Cash (Debt)	59.56	54.84	20.01	3.76	-1.54
Net Cash Growth	8.61%	174.09%	432.23%	-	-
Net Cash Per Share	0.14	0.12	0.06	0.01	-1.54
Filing Date Shares Outstanding	440	440	440	1	1
Total Common Shares Outstanding	440	440	353.11	1	1
Working Capital	67.07	58.54	24.12	14.11	6.61
Book Value Per Share	0.16	0.14	0.08	15.89	12.72
Tangible Book Value	70.93	61.88	26.85	15.89	12.72
Tangible Book Value Per Share	0.16	0.14	0.08	15.89	12.72
Buildings	-	1.81	1.58	0.53	0.09
Machinery	-	3.41	2.88	2.38	1.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.