GSH Corporation Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	31.61	26.21	51.91	91.17	71.05
Short-Term Investments	1.23	2.44	2.8	3.62	3.7
Cash & Short-Term Investments	32.83	28.65	54.71	94.79	74.75
Cash Growth	14.59%	-47.63%	-42.28%	26.81%	-12.53%
Accounts Receivable	38.19	20.51	31.98	29.71	68.9
Other Receivables	0.66	22.36	19.92	20.17	18.17
Receivables	38.84	42.87	51.9	49.88	87.07
Inventory	541.97	578.88	536.23	549.27	561.11
Prepaid Expenses	-	1.03	1.18	1.18	0.7
Other Current Assets	-	2.68	4.45	7.82	4.63
Total Current Assets	613.64	654.1	648.47	702.93	728.25
Property, Plant & Equipment	591.81	581.68	565.54	422	427.83
Long-Term Deferred Tax Assets	0.46	0.54	0.54	0.92	0.83
Other Long-Term Assets	0.55	5.36	4.94	4.53	4.56
Total Assets	1,206	1,242	1,219	1,130	1,161
Accounts Payable	84.63	115.28	113.49	89.63	85.06
Short-Term Debt	186.85	171.11	125.66	72.1	-
Current Portion of Long-Term Debt	37.63	125.71	174.38	78	172.05
Current Portion of Leases	0.81	0.84	0.77	0.69	0.31
Current Income Taxes Payable	3.35	3.28	2.32	0.06	0.06
Current Unearned Revenue	9.61	13.79	12.05	46.52	20.24
Other Current Liabilities	37.65	38.43	33.04	45.86	37.2
Total Current Liabilities	360.52	468.44	461.7	332.86	314.91
Long-Term Debt	175.36	208.82	212.32	331.55	314.09
Long-Term Leases	1.2	1.02	0.83	1.67	0.73
Long-Term Unearned Revenue	2.13	1.89	1.56	1.44	1.34
Long-Term Deferred Tax Liabilities	71.16	70.02	65.03	38.82	43.84
Other Long-Term Liabilities	1.35	0.36	0.41	0.42	0.42
Total Liabilities	611.71	750.54	741.85	706.75	675.32
Common Stock	458.08	345.9	345.24	343.46	343.46
Retained Earnings	-5.36	6.75	15.77	26.96	45.6
Treasury Stock	-5.58	-5.58	-5.58	-5.58	-5.58
Comprehensive Income & Other	20.49	7.03	-20.41	-66.43	-34.89
Total Common Equity	467.64	354.1	335.03	298.41	348.59
Minority Interest	127.12	137.05	142.61	125.22	137.57
Shareholders' Equity	594.76	491.14	477.64	423.63	486.15
Total Liabilities & Equity	1,206	1,242	1,219	1,130	1,161
Total Debt	401.84	507.5	513.96	484.01	487.18
Net Cash (Debt)	-369.01	-478.85	-459.25	-389.23	-412.44
Net Cash Per Share	-0.18	-0.24	-0.23	-0.20	-0.21
Filing Date Shares Outstanding	2,421	1,971	1,967	1,957	1,957
Total Common Shares Outstanding	2,421	1,971	1,967	1,957	1,957
Working Capital	253.13	185.66	186.76	370.07	413.34
Book Value Per Share	0.19	0.18	0.17	0.15	0.18
Tangible Book Value	467.64	354.1	335.03	298.41	348.59
Tangible Book Value Per Share	0.19	0.18	0.17	0.15	0.18
Land	576.66	567.79	551.08	438.92	203.78
Machinery	62.57	60.72	56.44	55.13	50.53
Construction In Progress	1.21	0.58	0.64	40.44	17.68

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