Mabuhay Vinyl Corporation (PSE: MVC)

Mabuhay Vinyl Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	927.55	680.07	596.6	642.75	1,037	753.57
Short-Term Investments	-	93.87	-	-	-	422.37
Cash & Short-Term Investments	927.55	773.94	596.6	642.75	1,037	1,176
Cash Growth	48.79%	29.72%	-7.18%	-38.04%	-11.79%	41.79%
Accounts Receivable	666.89	711.04	693.18	600.61	494.05	441.87
Other Receivables	14.39	14.75	6.27	7.95	4.13	7.05
Receivables	1,281	1,328	1,401	1,311	900.36	451.47
Inventory	257.89	325.53	449.38	315.29	238.31	242.35
Prepaid Expenses	-	44.28	32.5	26.9	19.71	14.92
Other Current Assets	239.72	5.42	7.79	19.45	-	2.6
Total Current Assets	2,706	2,477	2,488	2,315	2,196	1,887
Property, Plant & Equipment	1,571	1,546	1,178	1,055	925.71	928.97
Long-Term Investments	37.63	37.63	29.79	23.41	21.63	26.76
Other Intangible Assets	0.11	0.13	0.25	0.36	0.47	-
Other Long-Term Assets	234.68	269.04	254.17	54.92	25.58	25.31
Total Assets	4,550	4,334	3,956	3,452	3,171	2,872
Accounts Payable	396.36	149.63	186.47	52.35	46.99	43.89
Accrued Expenses	-	92.04	85.81	77.62	74.32	73.22
Current Portion of Leases	13.08	12.8	9.36	8.38	4.69	4.82
Current Income Taxes Payable	49.93	19.11	37.66	31.48	42.02	35.3
Current Unearned Revenue	-	3.16	3.16	7.4	4.68	1.76
Other Current Liabilities	27.28	81.32	65.55	56.45	57.32	43.27
Total Current Liabilities	486.64	358.06	388	233.68	230.02	202.26
Long-Term Leases	112.71	116.12	47.74	57.1	20.47	25.16
Long-Term Deferred Tax Liabilities	121.77	121.77	131.05	125.56	135.5	135.42
Other Long-Term Liabilities	1.79	1.79	1.79	1.79	1.79	1.79
Total Liabilities	724.98	603.48	568.59	418.13	406.24	365.25
Common Stock	661.31	661.31	661.31	661.31	661.31	661.31
Additional Paid-In Capital	176.59	176.59	176.59	176.59	176.59	176.59
Retained Earnings	2,573	2,479	2,136	1,803	1,594	1,327
Comprensive Income & Other	405.04	405.04	404.19	384.56	322.75	332.55
Total Common Equity	3,816	3,722	3,379	3,026	2,754	2,497
Minority Interest	8.79	8.62	8.71	8.35	10.14	9.64
Shareholders' Equity	3,825	3,730	3,387	3,034	2,765	2,507
Total Liabilities & Equity	4,550	4,334	3,956	3,452	3,171	2,872
Total Debt	125.79	128.92	57.1	65.48	25.16	29.98
Net Cash (Debt)	801.76	645.02	539.5	577.27	1,012	1,146
Net Cash Growth	41.01%	19.56%	-6.54%	-42.97%	-11.67%	38.18%
Net Cash Per Share	1.21	0.98	0.82	0.87	1.53	1.73
Filing Date Shares Outstanding	661.31	661.31	661.31	661.31	661.31	661.31
Total Common Shares Outstanding	661.31	661.31	661.31	661.31	661.31	661.31
Working Capital	2,220	2,119	2,100	2,081	1,966	1,685
Book Value Per Share	5.77	5.63	5.11	4.58	4.17	3.78
Tangible Book Value	3,816	3,722	3,378	3,026	2,754	2,497
Tangible Book Value Per Share	5.77	5.63	5.11	4.58	4.16	3.78
Land	-	606.59	606.57	548.74	516.91	499.74
Buildings	-	334.57	334.57	326.49	322.15	304.22
Machinery	-	2,305	2,273	2,170	2,104	2,055
Construction In Progress	-	544.39	185.72	95.74	34.9	33.74
Leasehold Improvements	-	23.14	23.14	22.71	10.64	10.32

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