Tiong Seng Holdings Limited (SGX:BFI)

Tiong Seng Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9.49	12.49	35.78	112.58	47.63	56.49
Short-Term Investments	-	2.18	1.23	2.16	3.1	4.11
Cash & Short-Term Investments	9.49	14.67	37.01	114.74	50.73	60.59
Cash Growth	-61.59%	-60.37%	-67.75%	126.19%	-16.28%	29.49%
Accounts Receivable	99.52	107.13	77.89	88.07	116.89	97.51
Other Receivables	10.88	21.21	20.32	22.14	33.01	9.49
Receivables	110.4	131.62	101.53	113.54	153.42	110.74
Inventory	105.17	98.66	114.28	132.69	153.16	179.01
Prepaid Expenses	-	0.34	0.39	1.32	1.68	1.43
Other Current Assets	27.22	27.21	39.75	43.33	25.84	1.1
Total Current Assets	252.28	272.5	292.95	405.62	384.83	352.86
Property, Plant & Equipment	59.64	59.25	64.75	52.27	70.81	98.45
Long-Term Investments	15.69	15.67	16.51	14.88	23.94	41.69
Other Intangible Assets	1.49	1.8	1.75	1.39	0.69	0.59
Long-Term Accounts Receivable	0.42	0.98	27.77	36.41	24.86	20.21
Long-Term Deferred Tax Assets	2.2	2.2	2.25	2.26	2.27	2.28
Other Long-Term Assets	-	0.79	1.21	1.22	0.39	3.76
Total Assets	331.71	353.19	407.2	514.05	507.78	519.82

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	159.29	53.94	57.9	81.75	59.95	32.49
Accrued Expenses	-	91.26	69.49	48.95	47.94	36.96
Current Portion of Long-Term Debt	-	80.43	82.84	109.05	93.79	57.11
Current Portion of Leases	-	3.42	3.23	2.86	1.04	1.12
Current Income Taxes Payable	1.84	2.41	4.4	3.01	3.02	7.06
Current Unearned Revenue	16.33	17.38	53.15	114.99	74.3	74.8
Other Current Liabilities	6	49.61	21.21	43.51	99.21	70.53
Total Current Liabilities	273.87	298.45	292.21	404.12	379.26	280.06
Long-Term Debt	5.87	1.87	2.2	5.46	15.8	31.13
Long-Term Leases	-	4.93	6.13	6.67	3.23	3.78
Long-Term Deferred Tax Liabilities	0.15	0.15	-	0.67	0.58	0.83
Other Long-Term Liabilities	2.09	3.48	30.03	21.97	12.27	9.85
Total Liabilities	281.99	308.87	330.58	438.9	411.14	325.65

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	183.87	183.87	181.95	181.95	181.95	181.95
Retained Earnings	-40.12	-36.01	-2.5	-4.05	8.07	93.88
Treasury Stock	-4.91	-4.91	-4.91	-4.91	-4.91	-4.87
Comprehensive Income & Other	-89.98	-99.33	-100.04	-99.91	-92.96	-79.75
Total Common Equity	48.87	43.63	74.5	73.08	92.15	191.2
Minority Interest	0.86	0.69	2.12	2.07	4.49	2.97
Shareholders' Equity	49.73	44.32	76.62	75.15	96.65	194.17
Total Liabilities & Equity	331.71	353.19	407.2	514.05	507.78	519.82

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	96.28	90.64	94.4	124.04	113.86	93.15
Net Cash (Debt)	-86.79	-75.98	-57.4	-9.3	-63.13	-32.55
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.19	-0.17	-0.12	-0.02	-0.14	-0.07
Filing Date Shares Outstanding	459.67	461.08	461.08	441.08	441.08	441.42
Total Common Shares Outstanding	459.67	461.08	441.08	441.08	441.08	441.42
Working Capital	-21.59	-25.95	0.74	1.51	5.58	72.8
Book Value Per Share	0.11	0.09	0.17	0.17	0.21	0.43
Tangible Book Value	47.38	41.83	72.76	71.69	91.47	190.62
Tangible Book Value Per Share	0.10	0.09	0.16	0.16	0.21	0.43
Land	-	9.37	9.21	9	9.2	28.02
Machinery	-	170.85	169.18	169.86	170.81	164.66
Order Backlog	-	494	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 20, 2026

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