HBM Nigeria Plc (NGX:HBMNG)

HBM Nigeria Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	102,961	388,067	237,859	168,370	118,398	50,057
Cash & Short-Term Investments	102,961	388,067	237,859	168,370	118,398	50,057
Cash Growth	-50.29%	63.15%	41.27%	42.21%	136.53%	-6.12%
Accounts Receivable	10,079	8,027	8,118	5,069	3,260	2,513
Other Receivables	17,315	9,143	1,063	2,058	3,105	4,831
Receivables	27,394	17,169	9,181	7,127	6,365	7,344
Inventory	133,741	112,117	104,192	54,341	53,043	45,010
Restricted Cash	38,113	18,277	33,520	-	-	-
Other Current Assets	82,745	23,872	29,252	9,222	18,473	34,164
Total Current Assets	384,954	559,503	414,003	239,059	196,279	136,575
Property, Plant & Equipment	650,035	448,580	409,761	360,219	339,727	338,722
Other Intangible Assets	1,633	1,626	1,667	1,743	1,822	713.75
Long-Term Deferred Tax Assets	-	-	-	-	2,031	15,292
Other Long-Term Assets	182,418	198,315	165,079	80,350	60,852	35,535
Total Assets	1,219,040	1,208,024	990,510	681,372	600,711	526,838

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	100,959	86,234	102,032	47,916	26,799	17,818
Accrued Expenses	71,430	34,522	16,994	16,668	11,271	9,239
Short-Term Debt	-	-	-	23,554	32,461	17,005
Current Portion of Long-Term Debt	-	-	210.75	955.58	1,145	1,180
Current Portion of Leases	475.34	940.38	1,474	481.54	1,457	2,620
Current Income Taxes Payable	145,147	132,313	11,433	5,660	3,888	3,825
Current Unearned Revenue	142,855	115,947	212,461	75,145	46,282	43,688
Other Current Liabilities	43,193	47,406	52,497	38,583	45,081	35,678
Total Current Liabilities	504,059	417,363	397,102	208,963	168,383	131,053
Long-Term Debt	-	-	-	126.67	1,000	2,089
Long-Term Leases	323.69	367.59	529.64	1,127	529.9	393.29
Long-Term Unearned Revenue	-	-	-	872.97	1,095	1,357
Pension & Post-Retirement Benefits	4,349	3,075	2,591	2,194	2,411	2,166
Long-Term Deferred Tax Liabilities	73,384	77,012	71,131	30,176	8,472	9,117
Other Long-Term Liabilities	25,310	16,211	14,515	2,859	2,718	2,104
Total Liabilities	607,426	514,029	485,869	246,320	184,609	148,278

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	8,054	8,054	8,054	8,054	8,054	8,054
Additional Paid-In Capital	435,149	435,149	435,149	435,149	435,149	435,149
Retained Earnings	422,540	504,922	315,567	245,978	227,028	189,487
Comprehensive Income & Other	-254,129	-254,129	-254,129	-254,129	-254,129	-254,129
Total Common Equity	611,614	693,996	504,641	435,052	416,102	378,561
Shareholders' Equity	611,614	693,996	504,641	435,052	416,102	378,561
Total Liabilities & Equity	1,219,040	1,208,024	990,510	681,372	600,711	526,838

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	799.03	1,308	2,214	26,245	36,593	23,287
Net Cash (Debt)	102,162	386,759	235,644	142,125	81,806	26,770
Net Cash Growth	-50.27%	64.13%	65.80%	73.73%	205.59%	645.65%
Net Cash Per Share	6.34	24.01	14.63	8.82	5.08	1.66
Filing Date Shares Outstanding	16,108	16,108	16,108	16,108	16,108	16,108
Total Common Shares Outstanding	16,108	16,108	16,108	16,108	16,108	16,108
Working Capital	-119,105	142,140	16,901	30,095	27,896	5,522
Book Value Per Share	37.97	43.08	31.33	27.01	25.83	23.50
Tangible Book Value	609,981	692,370	502,974	433,309	414,280	377,847
Tangible Book Value Per Share	37.87	42.98	31.23	26.90	25.72	23.46
Land	10,782	15,868	14,678	15,123	15,108	14,866
Buildings	158,107	152,262	146,427	122,148	118,308	116,321
Machinery	540,622	504,163	429,752	399,088	376,806	357,168
Construction In Progress	264,626	76,406	88,680	74,432	54,980	52,926

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error