Thong Guan Industries Berhad (KLSE: TGUAN)

KLSE: 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	300	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	300	293.56	276.26	296.07	296.84	229.23
Cash Growth	12.84%	6.26%	-6.69%	-0.26%	29.49%	33.96%
Accounts Receivable	244.33	229.27	273.82	246.2	143.27	152.84
Other Receivables	3.32	12.8	12.14	13.88	9.41	13.21
Receivables	247.65	242.07	285.96	260.08	152.68	166.04
Inventory	304.72	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	852.37	865.65	853.43	817.6	664.32	609.23
Property, Plant & Equipment	462.9	462.94	400.15	328.62	294.79	263.67
Long-Term Investments	2.5	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	0.5	0.39	0.38	0.24	0.04	0.19
Other Long-Term Assets	59.48	59.96	24.57	25.19	6.98	7.22
Total Assets	1,378	1,400	1,304	1,218	1,011	881.32
Accounts Payable	139.36	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	125.5	97.45	124.22	87.54	63.2	70.17
Current Portion of Long-Term Debt	23.41	42.85	53.76	32.88	25.82	20.71
Current Portion of Leases	1.67	1.98	1.9	1.65	1.76	1.82
Current Income Taxes Payable	3.51	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	293.44	346.39	368.85	356.43	266.46	226.74
Long-Term Debt	51.59	56.5	43.77	64.35	55.82	47.87
Long-Term Leases	1.01	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	389.74	446.1	454.08	456.16	342.25	286.72
Common Stock	271.99	262.84	255.52	246.45	237.09	220.33
Retained Earnings	635.36	597.59	539.98	463.25	388.48	341.47
Treasury Stock	-5.14	-5.14	-5.14	-5.14	-1.31	-1.31
Comprehensive Income & Other	55	68.67	30.7	29.23	21.08	16.1
Total Common Equity	957.21	923.96	821.06	733.8	645.34	576.59
Minority Interest	30.8	29.86	29.27	27.8	22.97	18.01
Shareholders' Equity	988.01	953.81	850.33	761.6	668.31	594.59
Total Liabilities & Equity	1,378	1,400	1,304	1,218	1,011	881.32
Total Debt	203.16	200.26	226.51	188.75	149.29	143.04
Net Cash (Debt)	96.84	93.3	49.75	107.32	147.55	86.19
Net Cash Growth	52.65%	87.54%	-53.64%	-27.26%	71.19%	95.06%
Net Cash Per Share	0.24	0.24	0.13	0.27	0.38	0.24
Filing Date Shares Outstanding	401.64	399.67	391.38	384.97	378.29	372.25
Total Common Shares Outstanding	401.64	395.44	390.47	387.13	379.84	368.48
Working Capital	558.93	519.26	484.58	461.17	397.87	382.5
Book Value Per Share	2.38	2.34	2.10	1.90	1.70	1.56
Tangible Book Value	957.21	923.96	821.06	733.8	645.34	576.59
Tangible Book Value Per Share	2.38	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.