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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	21.33	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	21.33	133.3	98.34	43.76	23.68	19.84
Cash Growth	-23.40%	35.55%	124.73%	84.82%	19.35%	20.32%
Accounts Receivable	513.07	478.23	305.33	135.97	96.33	63.6
Other Receivables	98.88	0.45	0.23	0.15	8.66	14.81
Receivables	611.95	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	633.27	617.36	407.42	182.63	130.78	102.01
Property, Plant & Equipment	37.74	30.65	14.64	12.34	11.07	15.03
Long-Term Deferred Tax Assets	-	-	-	-	0.1	0.15
Other Long-Term Assets	80.32	66.36	60.06	32	26.8	3.93
Total Assets	751.33	714.37	482.12	226.97	168.75	121.12
Accounts Payable	147.87	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	340.93	274.29	154.2	24.61	6.3	14.36
Current Portion of Long-Term Debt	1.86	1.92	1.74	1.59	1.37	0.6
Current Portion of Leases	0.95	0.9	0.49	0.19	1.03	1.11
Current Income Taxes Payable	5.85	5.77	2.89	4.44	2.27	2.47
Current Unearned Revenue	12.81	12.66	20.74	1.81	2.82	3.48
Other Current Liabilities	29.88	11.42	11.09	11.02	18.57	4.92
Total Current Liabilities	540.15	510.73	317.29	135.51	102	67.1
Long-Term Debt	8.93	9.34	10.68	19.25	19.19	17.28
Long-Term Leases	2.41	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	551.53	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	143.9	136.09	97.58	69.81	44.7	34.06
Comprehensive Income & Other	-44.71	-44.71	-44.71	-44.71	-	-
Shareholders' Equity	199.79	191.98	153.46	71.56	46.45	35.81
Total Liabilities & Equity	751.33	714.37	482.12	226.97	168.75	121.12
Total Debt	355.08	288.73	167.76	46.25	29	34.27
Net Cash (Debt)	-333.76	-155.43	-69.42	-2.49	-5.33	-14.44
Net Cash Per Share	-0.35	-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	93.12	106.63	90.13	47.12	28.78	34.9
Book Value Per Share	0.21	0.20	0.16	0.09	-	-
Tangible Book Value	199.79	191.98	153.46	71.56	46.45	35.81
Tangible Book Value Per Share	0.21	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 Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.