Hong Lai Huat Group Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	20.95	27.46	3.94	11.64	26.07	9.54
Trading Asset Securities	0.04	0.02	0.04	-	0.1	0.1
Cash & Short-Term Investments	20.99	27.48	3.98	11.64	26.17	9.64
Cash Growth	259.63%	591.30%	-65.84%	-55.54%	171.63%	-15.97%
Accounts Receivable	0.01	0.07	0.16	0.44	4.1	6.14
Other Receivables	5.22	5.16	0.79	0.8	1.21	1.39
Receivables	5.23	5.23	0.95	1.24	5.31	7.53
Inventory	38.53	41.03	46.35	49.32	53.38	29.32
Prepaid Expenses	0.23	0.21	0.36	0.47	0.76	26.08
Total Current Assets	64.98	73.95	51.64	62.66	85.61	72.57
Property, Plant & Equipment	1.98	1.85	51.63	68.75	75.21	75.39
Long-Term Investments	33.76	34.64	30.04	17.42	12.47	6.65
Other Intangible Assets	0.08	0.14	-	-	-	-
Other Long-Term Assets	2.55	-	0.04	7	0.04	8.04
Total Assets	103.34	110.59	133.35	155.82	173.33	162.64
Accounts Payable	0.34	0.39	0.39	0.71	0.96	2.47
Accrued Expenses	-	0.68	0.88	1.18	0.57	1.79
Short-Term Debt	0.45	0.35	2.88	1.53	-	-
Current Portion of Long-Term Debt	1.34	0.61	1.73	1.37	1.85	3.33
Current Portion of Leases	0.07	0.04	0.14	0.11	0.14	0.16
Current Income Taxes Payable	0.13	0.24	0.13	0.06	0.02	0.03
Current Unearned Revenue	-	0.13	0.35	0.58	0.61	0.8
Other Current Liabilities	2.56	3.19	4.47	6.6	6.14	5.63
Total Current Liabilities	4.88	5.62	10.96	12.13	10.28	14.2
Long-Term Debt	-	-	6.29	1.7	3.16	19
Long-Term Leases	0.18	0.08	0.89	0.84	0.9	0.78
Long-Term Deferred Tax Liabilities	0.02	0.02	3.93	6.41	8.8	11.02
Total Liabilities	5.07	5.71	22.06	21.08	23.15	45
Common Stock	121.02	121.02	121.02	121.02	121.02	94.6
Retained Earnings	-18.43	-16.98	-4.05	18.87	33.45	27.2
Comprehensive Income & Other	-4.13	1.04	-5.69	-5.15	-4.29	-4.16
Total Common Equity	98.47	105.09	111.28	134.74	150.18	117.64
Minority Interest	-0.19	-0.21	-	-	-	-
Shareholders' Equity	98.28	104.88	111.28	134.74	150.18	117.64
Total Liabilities & Equity	103.34	110.59	133.35	155.82	173.33	162.64
Total Debt	2.03	1.08	11.92	5.54	6.04	23.26
Net Cash (Debt)	18.96	26.4	-7.94	6.09	20.13	-13.62
Net Cash Growth	-	-	-	-69.74%	-	-
Net Cash Per Share	0.04	0.05	-0.02	0.01	0.05	-0.06
Filing Date Shares Outstanding	517.84	517.84	517.84	517.84	517.84	517.84
Total Common Shares Outstanding	517.84	517.84	517.84	517.84	517.84	221.93
Working Capital	60.1	68.33	40.68	50.53	75.33	58.36
Book Value Per Share	0.19	0.20	0.21	0.26	0.29	0.53
Tangible Book Value	98.39	104.95	111.28	134.74	150.18	117.64
Tangible Book Value Per Share	0.19	0.20	0.21	0.26	0.29	0.53
Land	-	-	1.59	1.62	1.63	1.6
Buildings	-	-	2.78	2.72	2.84	2.77
Machinery	-	2.21	15.07	16.02	19.02	18.44
Leasehold Improvements	-	-	0.62	1.44	2.06	1.83

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.