Sin Heng Heavy Machinery Limited (SGX: BKA)

Sin Heng Heavy Machinery 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	42.96	44.64	38.05	48.02	32.62	25.08
Short-Term Investments	-	0.33	1.06	0.13	0.09	0.07
Trading Asset Securities	-	-	1.8	1.8	-	-
Cash & Short-Term Investments	42.96	44.97	40.91	49.95	32.71	25.15
Cash Growth	9.11%	9.91%	-18.09%	52.70%	30.07%	18.33%
Accounts Receivable	10.3	11.74	9.45	8.37	23.15	23.07
Other Receivables	1.45	0.45	1.09	0.2	0.17	0.34
Receivables	11.75	12.19	10.54	8.57	23.33	23.4
Inventory	3.73	3.99	5.74	1.26	3.93	3.94
Prepaid Expenses	-	0.46	0.57	0.95	0.98	1.3
Total Current Assets	58.44	61.6	57.76	60.72	60.95	53.79
Property, Plant & Equipment	62.49	65.17	67.5	63.03	66.08	80.28
Long-Term Investments	0.98	1.05	0.43	0.35	0.4	0.55
Other Intangible Assets	0.01	0.01	0.01	0.01	0.01	0.01
Total Assets	121.92	127.83	125.7	124.11	127.45	134.63
Accounts Payable	0.76	1.04	0.99	0.74	0.96	1.32
Accrued Expenses	-	4.25	2.72	2.53	1.98	2.37
Short-Term Debt	-	-	1.14	-	-	-
Current Portion of Leases	2.75	2.91	2.04	0.56	3.01	4.87
Current Income Taxes Payable	1.26	1.31	0.31	-	0	0.87
Other Current Liabilities	2.96	0.45	0.46	0.84	0.65	0.55
Total Current Liabilities	7.73	9.96	7.66	4.66	6.61	9.97
Long-Term Leases	4.49	5.81	6.23	3.94	2.23	6.72
Long-Term Deferred Tax Liabilities	5.86	5.86	7.06	6.71	6.14	6.49
Total Liabilities	18.08	21.63	20.96	15.31	14.98	23.18
Common Stock	41.85	41.85	41.85	41.85	41.85	41.85
Retained Earnings	74.87	76.81	72.78	74.8	76.74	75.54
Treasury Stock	-2.81	-2.34	-0.59	-0.59	-0.36	-0.36
Comprehensive Income & Other	-10.06	-10.11	-9.3	-7.26	-5.76	-5.58
Total Common Equity	103.84	106.2	104.74	108.8	112.47	111.46
Shareholders' Equity	103.84	106.2	104.74	108.8	112.47	111.46
Total Liabilities & Equity	121.92	127.83	125.7	124.11	127.45	134.63
Total Debt	7.24	8.72	9.41	4.5	5.25	11.59
Net Cash (Debt)	35.72	36.25	31.51	45.45	27.46	13.56
Net Cash Growth	26.44%	15.05%	-30.68%	65.49%	102.51%	-
Net Cash Per Share	0.32	0.32	0.28	0.40	0.24	0.12
Filing Date Shares Outstanding	108.75	109.72	113.41	113.41	114.01	114.01
Total Common Shares Outstanding	108.75	109.72	113.41	113.41	114.01	114.01
Working Capital	50.71	51.64	50.1	56.06	54.34	43.82
Book Value Per Share	0.95	0.97	0.92	0.96	0.99	0.98
Tangible Book Value	103.83	106.19	104.73	108.79	112.46	111.45
Tangible Book Value Per Share	0.95	0.97	0.92	0.96	0.99	0.98
Land	-	0.45	3.3	3.51	3.56	3.56
Buildings	-	4.64	6.55	6.72	6.74	6.75
Machinery	-	80.56	95.92	95.97	105.84	124.94
Construction In Progress	-	5.45	-	-	-	-

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