Hiap Seng Industries Limited (SGX: 1L2)

Hiap Seng Industries Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	14.85	14.28	18.74	15.12	14.13	1.89
Short-Term Investments	-	0.68	0.33	0.36	0.54	1.66
Cash & Short-Term Investments	14.85	14.96	19.07	15.48	14.66	3.54
Cash Growth	2.16%	-21.57%	23.17%	5.61%	314.04%	-68.09%
Accounts Receivable	8.26	4.51	3.81	9.39	10.46	29.76
Other Receivables	-	2.65	3.71	1.22	0.46	1.24
Receivables	8.26	7.17	7.52	10.61	10.92	31
Prepaid Expenses	-	0.34	0.43	0.5	0.55	1.78
Other Current Assets	0.81	-	-	-	6.3	-
Total Current Assets	23.93	22.46	27.02	26.6	32.42	36.32
Property, Plant & Equipment	3.38	2.26	3.89	4.95	7	23.55
Long-Term Investments	1.3	1.3	1.18	1.08	0.97	0.97
Other Intangible Assets	-	-	-	-	-	0.25
Total Assets	28.61	26.01	32.08	32.62	40.39	61.09
Accounts Payable	4.99	2.64	23.06	23.13	27.03	35.88
Accrued Expenses	0.41	1.38	5.59	5.01	3.83	3.2
Short-Term Debt	-	-	14.7	14.28	26.9	14.23
Current Portion of Long-Term Debt	-	-	-	-	-	15.1
Current Portion of Leases	0.36	0.79	0.86	0.76	0.79	1.51
Current Income Taxes Payable	-	-	-	-	0.38	0.03
Current Unearned Revenue	0.01	0.01	0.01	0.11	0.11	5.67
Other Current Liabilities	-	1.47	5.09	4.89	4.75	2.4
Total Current Liabilities	5.76	6.28	49.3	48.18	63.78	78
Long-Term Leases	-	-	0.15	-	0.82	1.67
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.75
Total Liabilities	5.76	6.28	49.44	48.18	64.6	80.42
Common Stock	18.14	18.14	36.18	36.18	36.18	36.18
Retained Earnings	-30.99	-35.04	-55.11	-52.55	-57.93	-52.91
Comprehensive Income & Other	35.7	36.63	1.57	0.81	0.02	-0.49
Total Common Equity	22.85	19.73	-17.36	-15.56	-21.73	-17.23
Minority Interest	-	-	-	-	-2.48	-2.11
Shareholders' Equity	22.85	19.73	-17.36	-15.56	-24.21	-19.33
Total Liabilities & Equity	28.61	26.01	32.08	32.62	40.39	61.09
Total Debt	0.36	0.79	15.71	15.05	28.51	32.5
Net Cash (Debt)	14.49	14.17	3.37	0.44	-13.85	-28.96
Net Cash Growth	20026.39%	320.98%	666.51%	-	-	-
Net Cash Per Share	0.00	0.00	0.00	0.00	-0.05	-0.10
Filing Date Shares Outstanding	3,376	3,374	303.75	303.75	303.75	303.75
Total Common Shares Outstanding	3,376	3,374	303.75	303.75	303.75	303.75
Working Capital	18.17	16.18	-22.28	-21.59	-31.36	-41.69
Book Value Per Share	0.01	0.01	-0.06	-0.05	-0.07	-0.06
Tangible Book Value	22.85	19.73	-17.36	-15.56	-21.73	-17.48
Tangible Book Value Per Share	0.01	0.01	-0.06	-0.05	-0.07	-0.06
Land	-	11.74	11.13	-	-	1.71
Buildings	-	-	-	10.13	14.57	28.58
Machinery	-	25.37	25.49	26.47	31.25	44.59

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