Power Assets Holdings Limited (HGKGF)

Power Assets Holdings Balance Sheet

Financials in millions HKD. 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	1,447	2,456	2,883	4,241	3,388	3,239
Short-Term Investments	37	1,750	3,013	371	2,042	1,639
Other Receivables	29	129	132	128	406	137
Other Current Assets	45	24	852	223	226	-
Total Current Assets	1,558	4,359	6,880	4,963	6,062	5,015
Property, Plant & Equipment	17	19	18	20	17	19
Long-Term Investments	89,809	89,797	85,736	88,235	86,652	87,242
Long-Term Deferred Tax Assets	-	-	-	45	111	77
Other Long-Term Assets	1,732	1,527	1,893	1,041	710	1,218
Total Assets	93,116	95,702	94,527	94,304	93,552	93,571
Accounts Payable	3,157	2,896	3,915	3,384	3,397	4,165
Current Portion of Long-Term Debt	-	-	-	-	3,640	-
Current Portion of Leases	2	3	2	2	2	3
Current Income Taxes Payable	18	231	104	137	161	45
Other Current Liabilities	22	119	17	31	206	111
Total Current Liabilities	3,199	3,249	4,038	3,554	7,406	4,324
Long-Term Debt	2,863	3,097	3,236	3,433	-	3,319
Long-Term Leases	1	1	1	3	-	2
Pension & Post-Retirement Benefits	104	103	93	146	142	136
Long-Term Deferred Tax Liabilities	323	301	275	134	57	-
Other Long-Term Liabilities	63	199	27	267	1,181	298
Total Liabilities	6,553	6,950	7,670	7,537	8,786	8,079
Common Stock	6,610	6,610	6,610	6,610	6,610	6,610
Retained Earnings	84,443	86,432	86,263	87,143	85,769	87,114
Comprehensive Income & Other	-4,490	-4,290	-6,016	-6,986	-7,613	-8,232
Shareholders' Equity	86,563	88,752	86,857	86,767	84,766	85,492
Total Liabilities & Equity	93,116	95,702	94,527	94,304	93,552	93,571
Total Debt	2,866	3,101	3,239	3,438	3,642	3,324
Net Cash (Debt)	-1,382	1,105	2,657	1,174	1,788	1,554
Net Cash Growth	-	-58.41%	126.32%	-34.34%	15.06%	-13.62%
Net Cash Per Share	-0.65	0.52	1.25	0.55	0.84	0.73
Filing Date Shares Outstanding	2,131	2,131	2,131	2,134	2,134	2,134
Total Common Shares Outstanding	2,131	2,131	2,131	2,134	2,134	2,134
Working Capital	-1,641	1,110	2,842	1,409	-1,344	691
Book Value Per Share	40.62	41.65	40.76	40.65	39.72	40.06
Tangible Book Value	86,563	88,752	86,857	86,767	84,766	85,492
Tangible Book Value Per Share	40.62	41.65	40.76	40.65	39.72	40.06
Buildings	1	1	1	1	1	1
Machinery	9	9	7	6	6	4

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