Thong Guan Industries Berhad (KLSE: TGUAN)

TGUAN Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	349.56	291.26	273.96	292.88	293.73	228.28
Short-Term Investments	-	2.3	2.3	3.19	3.11	0.95
Cash & Short-Term Investments	349.56	293.56	276.26	296.07	296.84	229.23
Cash Growth	28.50%	6.26%	-6.69%	-0.26%	29.49%	33.96%
Accounts Receivable	230.61	229.27	273.82	246.2	143.27	152.84
Other Receivables	3.13	12.8	12.14	13.88	9.41	13.21
Receivables	233.74	242.07	285.96	260.08	152.68	166.04
Inventory	281.39	319.91	284.85	257.53	210.17	198.22
Prepaid Expenses	-	9.95	6.25	3.93	4.52	3.02
Other Current Assets	-	0.16	0.11	-	0.13	12.72
Total Current Assets	864.68	865.65	853.43	817.6	664.32	609.23
Property, Plant & Equipment	469.92	462.94	400.15	328.62	294.79	263.67
Long-Term Investments	2.53	2.64	3.72	3.38	2.06	1.01
Long-Term Accounts Receivable	-	8.34	22.16	42.73	42.37	-
Long-Term Deferred Tax Assets	0.39	0.39	0.38	0.24	0.04	0.19
Other Long-Term Assets	59.63	59.96	24.57	25.19	6.98	7.22
Total Assets	1,397	1,400	1,304	1,218	1,011	881.32
Accounts Payable	153.93	158.24	142.85	182.9	134.34	103.86
Accrued Expenses	-	25.91	21.42	22.31	14.15	10.31
Short-Term Debt	104.89	97.45	124.22	87.54	63.2	70.17
Current Portion of Long-Term Debt	36.61	42.85	53.76	32.88	25.82	20.71
Current Portion of Leases	1.98	1.98	1.9	1.65	1.76	1.82
Current Income Taxes Payable	5.45	3.13	3.62	1.07	2.44	1.68
Current Unearned Revenue	-	3.34	2.12	4.24	4.14	3.31
Other Current Liabilities	-	13.49	18.95	23.84	20.62	14.88
Total Current Liabilities	302.86	346.39	368.85	356.43	266.46	226.74
Long-Term Debt	54.69	56.5	43.77	64.35	55.82	47.87
Long-Term Leases	1.2	1.48	2.86	2.33	2.69	2.47
Long-Term Deferred Tax Liabilities	43.72	41.74	38.61	33.04	17.28	9.65
Total Liabilities	402.47	446.1	454.08	456.16	342.25	286.72
Common Stock	271.25	262.84	255.52	246.45	237.09	220.33
Retained Earnings	630.41	597.59	539.98	463.25	388.48	341.47
Treasury Stock	-5.14	-5.14	-5.14	-5.14	-1.31	-1.31
Comprensive Income & Other	67.47	68.67	30.7	29.23	21.08	16.1
Total Common Equity	963.99	923.96	821.06	733.8	645.34	576.59
Minority Interest	30.69	29.86	29.27	27.8	22.97	18.01
Shareholders' Equity	994.68	953.81	850.33	761.6	668.31	594.59
Total Liabilities & Equity	1,397	1,400	1,304	1,218	1,011	881.32
Total Debt	199.36	200.26	226.51	188.75	149.29	143.04
Net Cash (Debt)	150.2	93.3	49.75	107.32	147.55	86.19
Net Cash Growth	147.40%	87.54%	-53.64%	-27.26%	71.19%	95.06%
Net Cash Per Share	0.38	0.24	0.13	0.27	0.38	0.24
Filing Date Shares Outstanding	401.14	399.67	391.38	384.97	378.29	372.25
Total Common Shares Outstanding	401.14	395.44	390.47	387.13	379.84	368.48
Working Capital	561.82	519.26	484.58	461.17	397.87	382.5
Book Value Per Share	2.40	2.34	2.10	1.90	1.70	1.56
Tangible Book Value	963.99	923.96	821.06	733.8	645.34	576.59
Tangible Book Value Per Share	2.40	2.34	2.10	1.90	1.70	1.56
Land	-	5.11	4.23	4.23	4.23	3.73
Buildings	-	78.01	66.7	67.88	66.86	61.18
Machinery	-	686.64	591.67	534.52	480.51	434.45
Construction In Progress	-	59.08	59.74	25.44	16.63	11.15

Source: S&P Capital IQ. Standard template. Financial Sources.