Tiong Seng Holdings Limited (SGX: BFI)

Tiong Seng Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	68.23	112.58	47.63	56.49	43.44	55.54
Short-Term Investments	-	2.16	3.1	4.11	3.36	4.77
Cash & Short-Term Investments	68.23	114.74	50.73	60.59	46.79	60.31
Cash Growth	-28.88%	126.19%	-16.28%	29.49%	-22.41%	37.26%
Accounts Receivable	104.53	88.07	116.89	97.51	101.32	168.92
Other Receivables	-	22.14	33.01	9.49	10.58	29.68
Receivables	104.53	113.54	153.42	110.74	115.73	202.2
Inventory	129.86	132.69	153.16	179.01	212.08	226.67
Prepaid Expenses	-	1.32	1.68	1.43	1.71	2
Other Current Assets	38.16	43.33	25.84	1.1	8.89	3.14
Total Current Assets	340.77	405.62	384.83	352.86	385.2	494.32
Property, Plant & Equipment	48.62	52.27	70.81	98.45	105.26	107.87
Long-Term Investments	16.19	14.88	23.94	41.69	39.92	37.75
Other Intangible Assets	0.89	1.39	0.69	0.59	0.62	1.06
Long-Term Accounts Receivable	36.22	36.41	24.86	20.21	10.13	6.9
Long-Term Deferred Tax Assets	2.26	2.26	2.27	2.28	2.25	0.15
Other Long-Term Assets	1.2	1.22	0.39	3.76	3.78	3.93
Total Assets	446.16	514.05	507.78	519.82	547.16	651.97
Accounts Payable	86.13	81.75	59.95	32.49	36.95	49.03
Accrued Expenses	-	48.95	47.94	36.96	66.03	108.49
Current Portion of Long-Term Debt	81.57	109.05	93.79	57.11	43.16	87.46
Current Portion of Leases	2.81	2.86	1.04	1.12	1.53	1.5
Current Income Taxes Payable	2.97	3.01	3.02	7.06	6.71	6.4
Current Unearned Revenue	121.27	114.99	74.3	74.8	66.93	57.54
Other Current Liabilities	33.37	43.51	99.21	70.53	49.44	26.3
Total Current Liabilities	328.11	404.12	379.26	280.06	270.74	336.71
Long-Term Debt	4.59	5.46	15.8	31.13	25.02	10.83
Long-Term Leases	5.88	6.67	3.23	3.78	3.88	4.6
Long-Term Deferred Tax Liabilities	0.45	0.67	0.58	0.83	0.93	3.41
Other Long-Term Liabilities	26.56	21.97	12.27	9.85	5.58	11.93
Total Liabilities	365.59	438.9	411.14	325.65	306.15	367.49
Common Stock	181.95	181.95	181.95	181.95	181.95	181.95
Retained Earnings	0.49	-4.05	8.07	93.88	145.18	179.38
Treasury Stock	-4.91	-4.91	-4.91	-4.87	-4.87	-4.45
Comprehensive Income & Other	-99.29	-99.91	-92.96	-79.75	-86.08	-91.34
Total Common Equity	78.24	73.08	92.15	191.2	236.17	265.53
Minority Interest	2.34	2.07	4.49	2.97	4.84	18.96
Shareholders' Equity	80.58	75.15	96.65	194.17	241.01	284.49
Total Liabilities & Equity	446.16	514.05	507.78	519.82	547.16	651.97
Total Debt	94.84	124.04	113.86	93.15	73.59	104.39
Net Cash (Debt)	-26.62	-9.3	-63.13	-32.55	-26.8	-44.08
Net Cash Per Share	-0.06	-0.02	-0.14	-0.07	-0.06	-0.10
Filing Date Shares Outstanding	441.08	441.08	441.08	441.42	441.42	442.55
Total Common Shares Outstanding	441.08	441.08	441.08	441.42	441.42	444.79
Working Capital	12.66	1.51	5.58	72.8	114.46	157.61
Book Value Per Share	0.18	0.17	0.21	0.43	0.54	0.60
Tangible Book Value	77.35	71.69	91.47	190.62	235.55	264.47
Tangible Book Value Per Share	0.18	0.16	0.21	0.43	0.53	0.59
Land	-	9	9.2	28.02	27.75	17.94
Machinery	-	169.86	170.81	164.66	157.77	164.73

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