Highnoon Laboratories Limited (PSX: HINOON)

Highnoon Laboratories Balance Sheet

Financials in millions PKR. 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	499.24	212.55	287.4	817.06	863.13	859.03
Trading Asset Securities	1,900	2,169	1,339	2,060	1,094	-
Cash & Short-Term Investments	2,400	2,381	1,626	2,877	1,957	859.03
Cash Growth	109.73%	46.43%	-43.47%	47.00%	127.81%	10.03%
Accounts Receivable	2,861	2,167	1,330	694.69	322.55	391.16
Other Receivables	238.74	455.85	488.7	52.57	54.32	6.05
Receivables	3,100	2,623	1,819	747.25	376.87	397.22
Inventory	3,858	5,189	4,393	2,450	2,183	1,831
Prepaid Expenses	-	33.85	49.95	22.53	17.46	12.83
Other Current Assets	1,274	317.78	545.42	354	453.53	168.75
Total Current Assets	10,631	10,545	8,434	6,451	4,988	3,268
Property, Plant & Equipment	4,141	4,084	2,394	1,823	1,772	1,383
Goodwill	0.83	0.83	0.83	0.83	0.83	0.83
Other Intangible Assets	30.06	32.29	35.84	21.62	0.92	1.41
Long-Term Deferred Tax Assets	-	-	4.89	37.25	28.9	28.36
Other Long-Term Assets	87.68	81.39	87	56.03	58.9	49.83
Total Assets	14,891	14,743	10,957	8,390	6,849	4,731
Accounts Payable	2,593	909.03	685.29	262.62	168.54	322.44
Accrued Expenses	-	1,025	792.24	572.89	299.63	187.11
Short-Term Debt	-	260.37	511.8	46.62	32.21	36.44
Current Portion of Long-Term Debt	357.64	66.4	2.57	178.62	184.62	25.33
Current Portion of Leases	-	273.54	74.08	29.75	17.9	10.67
Current Income Taxes Payable	-	-	124.62	296.56	298.13	23.89
Current Unearned Revenue	67.57	85.66	74.9	70.07	95.92	36.14
Other Current Liabilities	300.99	454.25	306.01	339.28	290.65	117.23
Total Current Liabilities	3,320	3,074	2,572	1,796	1,388	759.26
Long-Term Debt	558.27	647.72	15.44	-	175.44	19
Long-Term Leases	200.78	255.02	183.93	119.76	129.57	61.21
Long-Term Unearned Revenue	-	4.74	5.59	10.24	38.67	28.99
Long-Term Deferred Tax Liabilities	222.13	202.06	-	-	-	-
Total Liabilities	4,838	4,708	3,302	2,473	2,257	1,284
Common Stock	529.83	529.83	418.84	380.76	346.15	314.68
Retained Earnings	8,418	8,380	6,826	5,100	3,786	2,777
Comprensive Income & Other	1,105	1,126	410.14	436.25	460.51	356.34
Total Common Equity	10,053	10,036	7,655	5,917	4,592	3,448
Shareholders' Equity	10,053	10,036	7,655	5,917	4,592	3,448
Total Liabilities & Equity	14,891	14,743	10,957	8,390	6,849	4,731
Total Debt	1,117	1,503	787.83	374.74	539.74	152.66
Net Cash (Debt)	1,283	878.3	838.46	2,502	1,417	706.37
Net Cash Growth	-	4.75%	-66.49%	76.54%	100.64%	13.97%
Net Cash Per Share	24.21	16.58	15.83	47.22	26.75	13.33
Filing Date Shares Outstanding	52.98	52.98	52.98	52.98	52.98	52.98
Total Common Shares Outstanding	52.98	52.98	52.98	52.98	52.98	52.98
Working Capital	7,312	7,471	5,862	4,655	3,600	2,509
Book Value Per Share	189.73	189.41	144.48	111.68	86.67	65.07
Tangible Book Value	10,022	10,003	7,618	5,895	4,590	3,446
Tangible Book Value Per Share	189.15	188.79	143.79	111.25	86.64	65.03
Land	-	764.5	338.4	338.4	338.4	274.7
Buildings	-	1,263	893.19	798.51	794.23	588.41
Machinery	-	3,218	2,076	2,155	2,014	1,706
Construction In Progress	-	722.03	442.02	13.71	81.28	126.15
Leasehold Improvements	-	49.4	49.4	30.49	-	-

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