Southern Steel Berhad (KLSE:SSTEEL)

Southern Steel Berhad Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	106.38	86.74	119.32	67.33	133.01
Short-Term Investments	-	2	2.12	1.34	1.52
Cash & Short-Term Investments	106.38	88.75	121.44	68.68	134.53
Cash Growth	19.87%	-26.92%	76.83%	-48.95%	-39.11%
Accounts Receivable	159.51	157.46	133.88	152.37	36.64
Other Receivables	3.81	6.07	7.13	16.82	11.71
Receivables	163.31	163.53	141.02	169.19	48.35
Inventory	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	570.81	809.71	867.24	1,055	1,203
Property, Plant & Equipment	757.4	820.74	862.63	716.77	758.88
Long-Term Investments	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	29.58	26.76	21.26	42.23	36.45
Other Long-Term Assets	1.66	47.77	42.97	7.65	16.53
Total Assets	1,401	1,846	1,927	1,989	2,354
Accounts Payable	134.31	88.77	89.1	141.42	190.39
Accrued Expenses	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	292.33	78	37.5	105.75	28.25
Current Portion of Leases	1.87	1.37	2.14	2.04	3.7
Current Income Taxes Payable	-	-	0.02	2.07	0.02
Current Unearned Revenue	-	193.13	193.13	193.13	369.38
Other Current Liabilities	0.89	12	17.19	25.73	20.64
Total Current Liabilities	430.63	1,072	1,015	1,050	1,189
Long-Term Debt	-	143.9	221.9	244.4	354.88
Long-Term Leases	7.61	7.46	8.83	10.97	21.93
Long-Term Unearned Revenue	1.44	1.79	1.83	3.34	6.09
Long-Term Deferred Tax Liabilities	17.88	18.27	20.74	15.67	24.27
Total Liabilities	479.24	1,272	1,295	1,352	1,622
Common Stock	1,020	641.01	641.01	641.01	641.01
Retained Earnings	-535.1	-505.03	-451.15	-331.64	-243.69
Treasury Stock	-	-0.04	-0.04	-	-
Comprehensive Income & Other	431.34	432.41	435.38	320.77	327.96
Total Common Equity	915.84	568.34	625.2	630.14	725.28
Minority Interest	6.12	6.13	6.13	6.77	6.76
Shareholders' Equity	921.96	574.47	631.33	636.9	732.04
Total Liabilities & Equity	1,401	1,846	1,927	1,989	2,354
Total Debt	301.81	881.29	858.93	864.09	942.12
Net Cash (Debt)	-195.43	-792.54	-737.49	-795.42	-807.59
Net Cash Per Share	-0.19	-1.33	-1.24	-1.33	-1.35
Filing Date Shares Outstanding	1,501	596.23	596.31	596.31	596.31
Total Common Shares Outstanding	1,501	596.23	596.31	596.31	596.31
Working Capital	140.18	-262.49	-147.49	5.01	14.29
Book Value Per Share	0.61	0.95	1.05	1.06	1.22
Tangible Book Value	885.58	538.09	594.95	599.88	695.03
Tangible Book Value Per Share	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 Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.