Tiong Seng Holdings Limited (SGX:BFI)

Tiong Seng Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	35.78	112.58	47.63	56.49	43.44
Short-Term Investments	-	2.16	3.1	4.11	3.36
Cash & Short-Term Investments	35.78	114.74	50.73	60.59	46.79
Cash Growth	-68.82%	126.19%	-16.28%	29.49%	-22.41%
Accounts Receivable	104.29	88.07	116.89	97.51	101.32
Other Receivables	-	22.14	33.01	9.49	10.58
Receivables	104.29	113.54	153.42	110.74	115.73
Inventory	114.28	132.69	153.16	179.01	212.08
Prepaid Expenses	-	1.32	1.68	1.43	1.71
Other Current Assets	38.6	43.33	25.84	1.1	8.89
Total Current Assets	292.95	405.62	384.83	352.86	385.2
Property, Plant & Equipment	64.75	52.27	70.81	98.45	105.26
Long-Term Investments	16.92	14.88	23.94	41.69	39.92
Other Intangible Assets	1.34	1.39	0.69	0.59	0.62
Long-Term Accounts Receivable	27.77	36.41	24.86	20.21	10.13
Long-Term Deferred Tax Assets	2.25	2.26	2.27	2.28	2.25
Other Long-Term Assets	1.21	1.22	0.39	3.76	3.78
Total Assets	407.2	514.05	507.78	519.82	547.16
Accounts Payable	128.41	81.75	59.95	32.49	36.95
Accrued Expenses	-	48.95	47.94	36.96	66.03
Current Portion of Long-Term Debt	81.2	109.05	93.79	57.11	43.16
Current Portion of Leases	3.23	2.86	1.04	1.12	1.53
Current Income Taxes Payable	4.4	3.01	3.02	7.06	6.71
Current Unearned Revenue	53.15	114.99	74.3	74.8	66.93
Other Current Liabilities	21.82	43.51	99.21	70.53	49.44
Total Current Liabilities	292.21	404.12	379.26	280.06	270.74
Long-Term Debt	2.2	5.46	15.8	31.13	25.02
Long-Term Leases	6.13	6.67	3.23	3.78	3.88
Long-Term Deferred Tax Liabilities	-	0.67	0.58	0.83	0.93
Other Long-Term Liabilities	30.03	21.97	12.27	9.85	5.58
Total Liabilities	330.58	438.9	411.14	325.65	306.15
Common Stock	181.95	181.95	181.95	181.95	181.95
Retained Earnings	-2.5	-4.05	8.07	93.88	145.18
Treasury Stock	-4.91	-4.91	-4.91	-4.87	-4.87
Comprehensive Income & Other	-100.04	-99.91	-92.96	-79.75	-86.08
Total Common Equity	74.5	73.08	92.15	191.2	236.17
Minority Interest	2.12	2.07	4.49	2.97	4.84
Shareholders' Equity	76.62	75.15	96.65	194.17	241.01
Total Liabilities & Equity	407.2	514.05	507.78	519.82	547.16
Total Debt	92.76	124.04	113.86	93.15	73.59
Net Cash (Debt)	-56.99	-9.3	-63.13	-32.55	-26.8
Net Cash Per Share	-0.12	-0.02	-0.14	-0.07	-0.06
Filing Date Shares Outstanding	461.08	441.08	441.08	441.42	441.42
Total Common Shares Outstanding	441.08	441.08	441.08	441.42	441.42
Working Capital	0.74	1.51	5.58	72.8	114.46
Book Value Per Share	0.17	0.17	0.21	0.43	0.54
Tangible Book Value	73.16	71.69	91.47	190.62	235.55
Tangible Book Value Per Share	0.17	0.16	0.21	0.43	0.53
Land	-	9	9.2	28.02	27.75
Machinery	-	169.86	170.81	164.66	157.77
Order Backlog	600	-	-	-	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.