Hiap Seng Industries Limited (SGX:1L2)

Hiap Seng Industries Balance Sheet

Financials in millions SGD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	21.68	23.66	14.28	18.74	15.12	14.13
Short-Term Investments	-	0.24	0.68	0.33	0.36	0.54
Cash & Short-Term Investments	21.68	23.89	14.96	19.07	15.48	14.66
Cash Growth	45.96%	59.73%	-21.57%	23.17%	5.61%	314.04%
Accounts Receivable	5.15	1.25	4.51	3.81	9.39	10.46
Other Receivables	-	1.52	2.65	3.71	1.22	0.46
Receivables	5.15	2.77	7.17	7.52	10.61	10.92
Prepaid Expenses	-	0.37	0.34	0.43	0.5	0.55
Other Current Assets	0.59	-	-	-	-	6.3
Total Current Assets	27.41	27.03	22.46	27.02	26.6	32.42
Property, Plant & Equipment	8.37	7.25	2.26	3.89	4.95	7
Long-Term Investments	1.5	1.5	1.3	1.18	1.08	0.97
Other Long-Term Assets	0.24	0.24	-	-	-	-
Total Assets	37.53	36.03	26.01	32.08	32.62	40.39
Accounts Payable	4.17	0.6	2.64	23.06	23.13	27.03
Accrued Expenses	-	2.09	1.57	5.59	5.01	3.83
Short-Term Debt	-	-	-	14.7	14.28	26.9
Current Portion of Leases	-	-	0.79	0.86	0.76	0.79
Current Income Taxes Payable	0.76	0.78	-	-	-	0.38
Current Unearned Revenue	-	-	0.01	0.01	0.11	0.11
Other Current Liabilities	-	1.1	1.28	5.09	4.89	4.75
Total Current Liabilities	4.93	4.57	6.28	49.3	48.18	63.78
Long-Term Leases	-	-	-	0.15	-	0.82
Total Liabilities	4.93	4.57	6.28	49.44	48.18	64.6
Common Stock	24.14	24.14	18.14	36.18	36.18	36.18
Retained Earnings	3.61	-28.85	-35.04	-55.11	-52.55	-57.93
Comprehensive Income & Other	4.86	36.16	36.63	1.57	0.81	0.02
Total Common Equity	32.6	31.45	19.73	-17.36	-15.56	-21.73
Minority Interest	-	-	-	-	-	-2.48
Shareholders' Equity	32.6	31.45	19.73	-17.36	-15.56	-24.21
Total Liabilities & Equity	37.53	36.03	26.01	32.08	32.62	40.39
Total Debt	-	-	0.79	15.71	15.05	28.51
Net Cash (Debt)	21.68	23.89	14.17	3.37	0.44	-13.85
Net Cash Growth	49.60%	68.65%	320.98%	666.51%	-	-
Net Cash Per Share	0.01	0.01	0.00	0.00	0.00	-0.05
Filing Date Shares Outstanding	4,479	4,479	3,374	303.75	303.75	303.75
Total Common Shares Outstanding	4,479	4,479	3,374	303.75	303.75	303.75
Working Capital	22.49	22.46	16.18	-22.28	-21.59	-31.36
Book Value Per Share	0.01	0.01	0.01	-0.06	-0.05	-0.07
Tangible Book Value	32.6	31.45	19.73	-17.36	-15.56	-21.73
Tangible Book Value Per Share	0.01	0.01	0.01	-0.06	-0.05	-0.07
Land	-	-	-	11.13	-	-
Buildings	-	11.23	11.74	-	10.13	14.57
Machinery	-	28.17	25.37	25.49	26.47	31.25

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.