Vestland Berhad (KLSE:VLB)

Vestland Berhad Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9.13	39.88	41.34	21.32	3.89	14.05
Short-Term Investments	-	93.42	57	22.43	19.79	5.79
Cash & Short-Term Investments	9.13	133.3	98.34	43.76	23.68	19.84
Cash Growth	205.42%	35.55%	124.73%	84.82%	19.35%	20.32%
Accounts Receivable	588.3	478.23	305.33	135.97	96.33	63.6
Other Receivables	107.34	0.45	0.23	0.15	8.66	14.81
Receivables	695.64	478.68	305.56	136.12	104.99	78.41
Prepaid Expenses	-	5.37	3.52	2.08	0.28	0.06
Other Current Assets	-	-	-	0.67	1.83	3.7
Total Current Assets	704.76	617.36	407.42	182.63	130.78	102.01
Property, Plant & Equipment	37.05	30.65	14.64	12.34	11.07	15.03
Long-Term Deferred Tax Assets	-	-	-	-	0.1	0.15
Other Long-Term Assets	83.43	66.36	60.06	32	26.8	3.93
Total Assets	825.24	714.37	482.12	226.97	168.75	121.12
Accounts Payable	189.92	191.77	120.19	87.34	68.27	37.52
Accrued Expenses	-	11.99	5.96	4.5	1.36	2.64
Short-Term Debt	369.16	274.29	154.2	24.61	6.3	14.36
Current Portion of Long-Term Debt	1.64	1.92	1.74	1.59	1.37	0.6
Current Portion of Leases	0.97	0.9	0.49	0.19	1.03	1.11
Current Income Taxes Payable	7.6	5.77	2.89	4.44	2.27	2.47
Current Unearned Revenue	6.92	12.66	20.74	1.81	2.82	3.48
Other Current Liabilities	27.69	11.42	11.09	11.02	18.57	4.92
Total Current Liabilities	603.88	510.73	317.29	135.51	102	67.1
Long-Term Debt	8.67	9.34	10.68	19.25	19.19	17.28
Long-Term Leases	2.17	2.27	0.65	0.6	1.11	0.92
Long-Term Deferred Tax Liabilities	0.04	0.04	0.04	0.04	-	-
Total Liabilities	614.77	522.39	328.66	155.41	122.3	85.31
Common Stock	100.6	100.6	100.6	46.46	1.75	1.75
Retained Earnings	154.59	136.09	97.58	69.81	44.7	34.06
Comprehensive Income & Other	-44.71	-44.71	-44.71	-44.71	-	-
Shareholders' Equity	210.48	191.98	153.46	71.56	46.45	35.81
Total Liabilities & Equity	825.24	714.37	482.12	226.97	168.75	121.12
Total Debt	382.6	288.73	167.76	46.25	29	34.27
Net Cash (Debt)	-373.48	-155.43	-69.42	-2.49	-5.33	-14.44
Net Cash Per Share	-0.40	-0.16	-0.07	-0.00	-	-
Filing Date Shares Outstanding	944.31	944.31	944.31	944.31	774.31	-
Total Common Shares Outstanding	944.31	944.31	944.31	774.31	-	-
Working Capital	100.88	106.63	90.13	47.12	28.78	34.9
Book Value Per Share	0.22	0.20	0.16	0.09	-	-
Tangible Book Value	210.48	191.98	153.46	71.56	46.45	35.81
Tangible Book Value Per Share	0.22	0.20	0.16	0.09	-	-
Buildings	-	16.36	9.38	9.38	-	0.26
Machinery	-	10.88	9.4	9.57	5.63	4.96
Construction In Progress	-	7.65	-	-	7.65	12.1
Order Backlog	-	1,900	-	-	-	-

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