HG Metal Manufacturing Limited (SGX: BTG)

HG Metal Manufacturing 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	19.07	16.38	15.41	27.88	19.45	22.91
Cash & Short-Term Investments	22.79	16.38	15.41	27.88	19.45	22.91
Cash Growth	8.39%	6.33%	-44.73%	43.31%	-15.10%	48.44%
Accounts Receivable	49.81	41.03	35.32	37.01	36.59	48.06
Other Receivables	0.03	0.17	0.18	0.22	0.53	1.08
Receivables	49.84	41.2	35.5	37.23	37.13	49.14
Inventory	20.09	33.2	59.79	45.84	28.59	43.07
Prepaid Expenses	0.38	0.22	0.32	0.22	0.17	0.53
Other Current Assets	21.3	20.05	10.66	9.51	12.65	3.21
Total Current Assets	114.41	111.05	121.67	120.67	97.99	118.86
Property, Plant & Equipment	25.09	25.46	29.92	43.33	45.17	43.53
Long-Term Investments	0.26	-	-	-	-	-
Other Intangible Assets	0.16	0.16	0.24	0.26	0.12	0.12
Other Long-Term Assets	0.14	0.39	6.45	7.67	3.79	10.3
Total Assets	140.05	137.06	158.28	171.93	147.07	172.82
Accounts Payable	5.13	7.73	4.9	12.63	5.51	21.9
Accrued Expenses	2.19	1.27	3.98	5.58	3.22	6.64
Short-Term Debt	-	-	20.1	6.18	0.21	19.59
Current Portion of Long-Term Debt	4.43	2.06	3.52	3.71	2.45	0.23
Current Portion of Leases	0.57	0.54	0.6	1.03	0.95	1.31
Current Income Taxes Payable	0.74	0.01	0.5	0.84	0.01	0.01
Current Unearned Revenue	-	-	-	-	0.2	-
Other Current Liabilities	1.31	6.55	3.26	3.34	4.55	8.3
Total Current Liabilities	14.37	18.16	36.86	33.31	17.1	57.98
Long-Term Debt	5.7	6.67	11.56	15.01	17.17	3.19
Long-Term Leases	4.78	4.87	5.25	6.27	7.12	7.79
Long-Term Deferred Tax Liabilities	0.63	0.63	0.57	0.48	0.06	0.03
Other Long-Term Liabilities	1.57	1.57	0.97	2.77	1.77	1.17
Total Liabilities	27.05	31.9	55.21	57.85	43.22	70.15
Common Stock	81.75	77.46	70.5	70.5	70.5	70.5
Retained Earnings	31.42	30.24	34.39	39.93	28.5	27.47
Treasury Stock	-3.03	-3.03	-3.03	-2.64	-2.22	-2.22
Comprehensive Income & Other	2.85	3	3	2.96	2.92	2.99
Total Common Equity	113	107.66	104.85	110.75	99.7	98.74
Minority Interest	0	-2.5	-1.79	3.34	4.15	3.93
Shareholders' Equity	113	105.16	103.06	114.09	103.85	102.66
Total Liabilities & Equity	140.05	137.06	158.28	171.93	147.07	172.82
Total Debt	15.48	14.13	41.03	32.21	27.9	32.1
Net Cash (Debt)	7.31	2.25	-25.62	-4.33	-8.45	-9.19
Net Cash Growth	270.36%	-	-	-	-	-
Net Cash Per Share	0.05	0.02	-0.20	-0.03	-0.07	-0.07
Filing Date Shares Outstanding	166.49	150.36	125.3	125.61	127.42	127.42
Total Common Shares Outstanding	166.49	150.36	125.3	126.29	127.42	127.42
Working Capital	100.04	92.88	84.81	87.36	80.89	60.88
Book Value Per Share	0.68	0.72	0.84	0.88	0.78	0.77
Tangible Book Value	112.84	107.5	104.62	110.49	99.58	98.61
Tangible Book Value Per Share	0.68	0.71	0.83	0.87	0.78	0.77
Land	0.17	0.17	0.18	0.19	0.2	0.2
Buildings	19.62	19.61	29.33	38.59	38.39	28.58
Machinery	24.09	24.91	24.15	24.36	24.31	22.83
Construction In Progress	-	0.29	-	0.02	0.01	7.86

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