Southern Steel Berhad (KLSE:SSTEEL)

Southern Steel Berhad Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	76.49	106.38	86.74	119.32	67.33	133.01
Short-Term Investments	-	-	2	2.12	1.34	1.52
Cash & Short-Term Investments	76.49	106.38	88.75	121.44	68.68	134.53
Cash Growth	-25.45%	19.87%	-26.92%	76.83%	-48.95%	-39.11%
Accounts Receivable	171.94	159.51	157.46	133.88	152.37	36.64
Other Receivables	1.63	3.81	6.07	7.13	16.82	11.71
Receivables	173.57	163.31	163.53	141.02	169.19	48.35
Inventory	402.83	301.12	359.8	408.16	568.06	562.61
Prepaid Expenses	-	-	4.37	3.5	2.02	3.2
Other Current Assets	-	-	193.27	193.13	247.29	454.11
Total Current Assets	652.89	570.81	809.71	867.24	1,055	1,203
Property, Plant & Equipment	679.03	757.4	820.74	862.63	716.77	758.88
Long-Term Investments	53.97	11.49	12.92	13.25	15.31	13.7
Goodwill	-	30.26	30.26	30.26	30.26	30.26
Long-Term Deferred Tax Assets	25.1	29.58	26.76	21.26	42.23	36.45
Other Long-Term Assets	0.25	1.66	47.77	42.97	7.65	16.53
Total Assets	1,411	1,401	1,846	1,927	1,989	2,354
Accounts Payable	207.07	134.31	88.77	89.1	141.42	190.39
Accrued Expenses	0.46	1.23	48.37	87.09	79.16	42.77
Short-Term Debt	-	-	650.56	588.56	500.93	533.37
Current Portion of Long-Term Debt	270.85	292.33	78	37.5	105.75	28.25
Current Portion of Leases	1.35	1.87	1.37	2.14	2.04	3.7
Current Income Taxes Payable	0	-	-	0.02	2.07	0.02
Current Unearned Revenue	3.92	-	193.13	193.13	193.13	369.38
Other Current Liabilities	-	0.89	12	17.19	25.73	20.64
Total Current Liabilities	483.64	430.63	1,072	1,015	1,050	1,189
Long-Term Debt	-	-	143.9	221.9	244.4	354.88
Long-Term Leases	0.35	7.61	7.46	8.83	10.97	21.93
Long-Term Unearned Revenue	1.39	1.44	1.79	1.83	3.34	6.09
Pension & Post-Retirement Benefits	19.95	21.69	28.06	27.26	27.08	25.87
Long-Term Deferred Tax Liabilities	14.8	17.88	18.27	20.74	15.67	24.27
Total Liabilities	520.13	479.24	1,272	1,295	1,352	1,622
Common Stock	1,021	1,020	641.01	641.01	641.01	641.01
Retained Earnings	-533.83	-535.1	-505.03	-451.15	-331.64	-243.69
Treasury Stock	-	-	-0.04	-0.04	-	-
Comprehensive Income & Other	397.66	431.34	432.41	435.38	320.77	327.96
Total Common Equity	884.85	915.84	568.34	625.2	630.14	725.28
Minority Interest	6.27	6.12	6.13	6.13	6.77	6.76
Shareholders' Equity	891.12	921.96	574.47	631.33	636.9	732.04
Total Liabilities & Equity	1,411	1,401	1,846	1,927	1,989	2,354
Total Debt	272.54	301.81	881.29	858.93	864.09	942.12
Net Cash (Debt)	-196.05	-195.43	-792.54	-737.49	-795.42	-807.59
Net Cash Per Share	-0.16	-0.19	-1.33	-1.24	-1.33	-1.35
Filing Date Shares Outstanding	1,501	1,501	596.23	596.31	596.31	596.31
Total Common Shares Outstanding	1,501	1,501	596.23	596.31	596.31	596.31
Working Capital	169.25	140.18	-262.49	-147.49	5.01	14.29
Book Value Per Share	0.59	0.61	0.95	1.05	1.06	1.22
Tangible Book Value	884.85	885.58	538.09	594.95	599.88	695.03
Tangible Book Value Per Share	0.59	0.59	0.90	1.00	1.01	1.17
Land	-	-	114.56	114.56	94.56	94.56
Buildings	-	-	432.89	431.63	431.31	431.31
Machinery	-	-	1,546	1,546	1,534	1,531
Construction In Progress	-	-	0.09	1.67	9.47	0.8

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.