BOE Varitronix Limited (VARXF)

BOE Varitronix Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,700	3,501	2,819	2,267	1,628
Short-Term Investments	987.3	161.51	123.43	54.45	55.6
Trading Asset Securities	389.76	15.41	0.07	1.24	-
Cash & Short-Term Investments	4,077	3,678	2,942	2,323	1,683
Cash Growth	10.86%	24.99%	26.67%	38.01%	6.76%
Accounts Receivable	2,857	2,110	2,006	1,616	1,034
Other Receivables	286.94	258.89	70.83	31.35	41.08
Receivables	3,144	2,369	2,077	1,648	1,075
Inventory	1,778	1,947	1,568	832.62	503.39
Other Current Assets	196.04	103.43	23.45	50.18	45.54
Total Current Assets	9,195	8,097	6,611	4,853	3,307
Property, Plant & Equipment	2,060	1,760	1,490	583.43	467.05
Long-Term Investments	40.19	41.9	50.51	40.61	8.81
Goodwill	-	-	-	11.49	-
Other Intangible Assets	29.43	25.06	22.17	38.46	4.57
Long-Term Deferred Tax Assets	59.72	8.84	11.29	0.65	10.28
Other Long-Term Assets	79.92	101.26	98.27	15.33	32.14
Total Assets	11,465	10,034	8,283	5,543	3,830
Accounts Payable	5,367	3,808	2,940	1,652	799.2
Accrued Expenses	558.8	664.72	267.78	276.79	101.1
Current Portion of Long-Term Debt	205.32	236.44	636.29	-	-
Current Portion of Leases	14.79	8.16	7.39	11.51	9.5
Current Income Taxes Payable	23.27	13.93	65.32	17.48	0.06
Current Unearned Revenue	330.19	291.37	186.25	210.42	127.38
Total Current Liabilities	6,500	5,023	4,103	2,168	1,037
Long-Term Debt	170.46	383.5	30.91	-	-
Long-Term Leases	20.11	13.91	4.4	11.04	9.93
Long-Term Unearned Revenue	171.82	200.5	18.91	5.28	7.23
Long-Term Deferred Tax Liabilities	2.45	3.47	9.98	13.17	8.29
Total Liabilities	6,864	5,624	4,167	2,198	1,063
Common Stock	197.89	197.89	197.85	184.04	183.79
Additional Paid-In Capital	2,382	2,532	2,712	2,030	2,028
Retained Earnings	2,159	1,788	1,302	680.32	439.84
Comprehensive Income & Other	-203.81	-164.1	-147.8	138.03	58.53
Total Common Equity	4,535	4,354	4,065	3,032	2,710
Minority Interest	65.21	56.12	51.08	313.2	57.22
Shareholders' Equity	4,600	4,410	4,116	3,346	2,767
Total Liabilities & Equity	11,465	10,034	8,283	5,543	3,830
Total Debt	410.69	642	678.99	22.56	19.43
Net Cash (Debt)	3,667	3,036	2,263	2,300	1,664
Net Cash Growth	20.78%	34.13%	-1.61%	38.26%	6.19%
Net Cash Per Share	4.64	3.85	3.02	3.14	2.26
Filing Date Shares Outstanding	791.58	791.58	791.58	736.16	735.18
Total Common Shares Outstanding	791.58	791.58	791.41	736.16	735.18
Working Capital	2,696	3,074	2,507	2,685	2,270
Book Value Per Share	5.73	5.50	5.14	4.12	3.69
Tangible Book Value	4,506	4,329	4,043	2,982	2,705
Tangible Book Value Per Share	5.69	5.47	5.11	4.05	3.68
Land	697.95	658.65	269.88	223.51	212.21
Machinery	2,723	2,639	1,805	1,733	1,651
Construction In Progress	124.58	22.04	885.71	-	-

Updated Sep 20, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.