GSH Corporation Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	22.23	26.21	51.91	91.17	71.05	81.67
Short-Term Investments	2.43	2.44	2.8	3.62	3.7	3.79
Cash & Short-Term Investments	24.67	28.65	54.71	94.79	74.75	85.45
Cash Growth	-20.26%	-47.63%	-42.28%	26.81%	-12.53%	-29.58%
Accounts Receivable	19.19	20.51	31.98	29.71	68.9	45.24
Other Receivables	22.77	22.36	19.92	20.17	18.17	9.13
Receivables	41.97	42.87	51.9	49.88	87.07	54.38
Inventory	544.66	578.88	536.23	549.27	561.11	421.42
Prepaid Expenses	1.08	1.03	1.18	1.18	0.7	33.57
Other Current Assets	0.2	2.68	4.45	7.82	4.63	17.56
Total Current Assets	612.57	654.1	648.47	702.93	728.25	612.38
Property, Plant & Equipment	567.37	581.68	565.54	422	427.83	426.09
Long-Term Investments	-	-	-	-	-	15.74
Long-Term Deferred Tax Assets	0.54	0.54	0.54	0.92	0.83	1.11
Other Long-Term Assets	-	5.36	4.94	4.53	4.56	4.47
Total Assets	1,180	1,242	1,219	1,130	1,161	1,060
Accounts Payable	84.67	115.28	113.49	89.63	85.06	73.73
Short-Term Debt	167.09	171.11	125.66	72.1	-	-
Current Portion of Long-Term Debt	122.37	125.71	174.38	78	172.05	159.25
Current Portion of Leases	0.41	0.84	0.77	0.69	0.31	0.78
Current Income Taxes Payable	2.73	3.28	2.32	0.06	0.06	0.38
Current Unearned Revenue	10.63	13.79	12.05	46.52	20.24	3.55
Other Current Liabilities	35.5	38.43	33.04	45.86	37.2	38.96
Total Current Liabilities	423.4	468.44	461.7	332.86	314.91	276.65
Long-Term Debt	213.32	208.82	212.32	331.55	314.09	246.62
Long-Term Leases	1.17	1.02	0.83	1.67	0.73	0.94
Long-Term Unearned Revenue	1.87	1.89	1.56	1.44	1.34	1.24
Long-Term Deferred Tax Liabilities	69.88	70.02	65.03	38.82	43.84	47.24
Other Long-Term Liabilities	0.36	0.36	0.41	0.42	0.42	0.4
Total Liabilities	710	750.54	741.85	706.75	675.32	573.09
Common Stock	345.9	345.9	345.24	343.46	343.46	343.46
Retained Earnings	6.04	6.75	15.77	26.96	45.6	66.63
Treasury Stock	-5.58	-5.58	-5.58	-5.58	-5.58	-5.58
Comprehensive Income & Other	-5.11	7.03	-20.41	-66.43	-34.89	-32.35
Total Common Equity	341.25	354.1	335.03	298.41	348.59	372.16
Minority Interest	129.24	137.05	142.61	125.22	137.57	114.55
Shareholders' Equity	470.48	491.14	477.64	423.63	486.15	486.71
Total Liabilities & Equity	1,180	1,242	1,219	1,130	1,161	1,060
Total Debt	504.36	507.5	513.96	484.01	487.18	407.58
Net Cash (Debt)	-479.7	-478.85	-459.25	-389.23	-412.44	-322.13
Net Cash Per Share	-0.24	-0.24	-0.23	-0.20	-0.21	-0.16
Filing Date Shares Outstanding	1,971	1,971	1,967	1,957	1,957	1,957
Total Common Shares Outstanding	1,971	1,971	1,967	1,957	1,957	1,957
Working Capital	189.17	185.66	186.76	370.07	413.34	335.73
Book Value Per Share	0.17	0.18	0.17	0.15	0.18	0.19
Tangible Book Value	341.25	354.1	335.03	298.41	348.59	372.16
Tangible Book Value Per Share	0.17	0.18	0.17	0.15	0.18	0.19
Land	-	567.79	551.08	438.92	203.78	205.37
Machinery	-	60.72	56.44	55.13	50.53	51.66
Construction In Progress	-	0.58	0.64	40.44	17.68	3.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.