Southern Steel Berhad (KLSE:SSTEEL)

Southern Steel Berhad Balance Sheet

Financials in millions MYR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	279.26	86.74	119.32	67.33	133.01	219.43
Short-Term Investments	-	2	2.12	1.34	1.52	1.51
Cash & Short-Term Investments	279.26	88.75	121.44	68.68	134.53	220.94
Cash Growth	174.25%	-26.92%	76.83%	-48.95%	-39.11%	388.51%
Accounts Receivable	145.93	157.46	133.88	152.37	36.64	97.94
Other Receivables	2.79	6.07	7.13	16.82	11.71	27.31
Receivables	148.72	163.53	141.02	169.19	48.35	420.25
Inventory	358.12	359.8	408.16	568.06	562.61	406.02
Prepaid Expenses	-	4.37	3.5	2.02	3.2	3.09
Other Current Assets	-0.14	193.27	193.13	247.29	454.11	369.39
Total Current Assets	785.96	809.71	867.24	1,055	1,203	1,420
Property, Plant & Equipment	758.72	820.74	862.63	716.77	758.88	886.66
Long-Term Investments	11.97	12.92	13.25	15.31	13.7	12.27
Goodwill	30.26	30.26	30.26	30.26	30.26	30.26
Long-Term Deferred Tax Assets	29.11	26.76	21.26	42.23	36.45	32.64
Other Long-Term Assets	2.26	47.77	42.97	7.65	16.53	19.94
Total Assets	1,618	1,846	1,927	1,989	2,354	2,401
Accounts Payable	114.96	88.77	89.1	141.42	190.39	109.27
Accrued Expenses	1.15	48.37	87.09	79.16	42.77	65.77
Short-Term Debt	522.33	650.56	588.56	500.93	533.37	968.71
Current Portion of Long-Term Debt	-	78	37.5	105.75	28.25	102.9
Current Portion of Leases	1.85	1.37	2.14	2.04	3.7	5.41
Current Income Taxes Payable	-	-	0.02	2.07	0.02	0.02
Current Unearned Revenue	-	193.13	193.13	193.13	369.38	369.38
Other Current Liabilities	0.1	12	17.19	25.73	20.64	13.62
Total Current Liabilities	640.39	1,072	1,015	1,050	1,189	1,635
Long-Term Debt	-	143.9	221.9	244.4	354.88	-
Long-Term Leases	8.09	7.46	8.83	10.97	21.93	25.62
Long-Term Unearned Revenue	1.49	1.79	1.83	3.34	6.09	7.51
Long-Term Deferred Tax Liabilities	17.98	18.27	20.74	15.67	24.27	24.98
Total Liabilities	696.11	1,272	1,295	1,352	1,622	1,723
Common Stock	1,020	641.01	641.01	641.01	641.01	641.01
Retained Earnings	-535.55	-505.03	-451.15	-331.64	-243.69	-296.51
Treasury Stock	-	-0.04	-0.04	-	-	-
Comprehensive Income & Other	432.08	432.41	435.38	320.77	327.96	327.39
Total Common Equity	916.13	568.34	625.2	630.14	725.28	671.89
Minority Interest	6.04	6.13	6.13	6.77	6.76	6.38
Shareholders' Equity	922.17	574.47	631.33	636.9	732.04	678.27
Total Liabilities & Equity	1,618	1,846	1,927	1,989	2,354	2,401
Total Debt	532.27	881.29	858.93	864.09	942.12	1,103
Net Cash (Debt)	-253.01	-792.54	-737.49	-795.42	-807.59	-881.7
Net Cash Per Share	-0.32	-1.33	-1.24	-1.33	-1.35	-1.75
Filing Date Shares Outstanding	1,370	596.23	596.31	596.31	596.31	596.31
Total Common Shares Outstanding	1,370	596.23	596.31	596.31	596.31	596.31
Working Capital	145.57	-262.49	-147.49	5.01	14.29	-215.39
Book Value Per Share	0.67	0.95	1.05	1.06	1.22	1.13
Tangible Book Value	885.87	538.09	594.95	599.88	695.03	641.63
Tangible Book Value Per Share	0.65	0.90	1.00	1.01	1.17	1.08
Land	-	114.56	114.56	94.56	94.56	94.56
Buildings	-	432.89	431.63	431.31	431.31	459.95
Machinery	-	1,546	1,546	1,534	1,531	1,517
Construction In Progress	-	0.09	1.67	9.47	0.8	10.66

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.