Northern Solar Holdings Berhad (KLSE:NORTHERN)

KLSE:NORTHERN Balance Sheet

Financials in millions MYR. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	9	7.72	2.22
Short-Term Investments	0.17	0.17	0.25
Cash & Short-Term Investments	9.17	7.89	2.47
Cash Growth	16.21%	219.36%	-
Accounts Receivable	12.68	9.39	3.24
Other Receivables	0.06	1.58	0.51
Receivables	12.74	10.97	3.75
Inventory	3.98	5.12	2.62
Prepaid Expenses	2.02	1.17	2.07
Total Current Assets	27.91	25.14	10.91
Property, Plant & Equipment	9.95	3.48	0.63
Long-Term Investments	0.2	0.06	-0
Other Intangible Assets	0.06	0.02	0
Other Long-Term Assets	-	0	0
Total Assets	38.11	28.7	11.54
Accounts Payable	6.76	7.05	4.53
Accrued Expenses	0.91	0.95	0.98
Current Portion of Long-Term Debt	0.56	2.36	0.5
Current Portion of Leases	0.91	0.83	0.08
Current Income Taxes Payable	1.62	0.12	0.22
Current Unearned Revenue	0.59	1.89	0.19
Other Current Liabilities	0.45	0.26	0.21
Total Current Liabilities	11.81	13.44	6.7
Long-Term Debt	2.1	0.7	-
Long-Term Leases	3.43	3.58	0.37
Long-Term Deferred Tax Liabilities	0.13	0.42	0.02
Total Liabilities	17.46	18.14	7.09
Common Stock	1	1	1
Retained Earnings	19.65	9.57	3.45
Shareholders' Equity	20.65	10.57	4.45
Total Liabilities & Equity	38.11	28.7	11.54
Total Debt	7	7.47	0.95
Net Cash (Debt)	2.17	0.42	1.52
Net Cash Growth	411.67%	-72.08%	-
Net Cash Per Share	2.17	0.42	1.52
Filing Date Shares Outstanding	1	1	1
Total Common Shares Outstanding	1	1	1
Working Capital	16.1	11.7	4.21
Book Value Per Share	20.65	10.57	4.45
Tangible Book Value	20.6	10.54	4.45
Tangible Book Value Per Share	20.60	10.54	4.45
Machinery	0.41	0.24	0.14
Construction In Progress	5.48	-	-
Order Backlog	74.22	-	-

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.