Hoe Leong Corporation 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	1.36	2.52	3.45	4.67	3.04	3.11
Short-Term Investments	0.26	0.22	0.19	1.08	1	0.89
Cash & Short-Term Investments	1.62	2.73	3.63	5.75	4.05	4
Cash Growth	-23.13%	-24.70%	-36.85%	42.05%	1.30%	31.32%
Accounts Receivable	11.82	12.99	10.5	9.81	12.29	8.32
Other Receivables	0.44	0.81	0.9	1.04	0.83	0.68
Receivables	12.27	13.79	11.39	10.86	13.12	9.01
Inventory	19.82	19.04	20.24	17.98	18.32	17.52
Prepaid Expenses	0.19	0.08	0.21	0.2	0.22	0.15
Other Current Assets	0.1	0.54	0.3	0.5	1.03	0.09
Total Current Assets	33.98	36.19	35.78	35.29	36.74	30.76
Property, Plant & Equipment	7.81	7.82	7.93	8.89	8.75	10.55
Long-Term Deferred Tax Assets	0.43	0.57	0.41	0.65	0.66	0.65
Other Long-Term Assets	0.09	0.11	0.05	-	-	-
Total Assets	42.31	44.69	44.16	44.83	46.14	41.96
Accounts Payable	3.21	3.14	2.92	2.9	3.43	4.51
Accrued Expenses	2.62	3.28	2.35	3.59	4.88	6.15
Short-Term Debt	-	-	-	0.42	3.11	1.59
Current Portion of Long-Term Debt	6.45	8.17	7.93	5.71	6.57	9.1
Current Portion of Leases	0.3	0.46	0.57	0.75	0.47	0.82
Current Income Taxes Payable	0.01	0.03	0.02	-	-	0.02
Other Current Liabilities	0.92	0.89	0.74	1.67	0.95	3.67
Total Current Liabilities	13.51	15.97	14.53	15.03	19.4	25.86
Long-Term Debt	3.05	3.17	3.61	4.54	12.47	5.55
Long-Term Leases	0.33	0.12	0.58	1.02	0.19	0.5
Long-Term Deferred Tax Liabilities	-	-	0	0.04	0.04	0.04
Total Liabilities	16.88	19.26	18.72	20.63	32.1	31.95
Common Stock	128.89	128.81	128.77	126.81	115.6	114.46
Retained Earnings	-100.44	-100.46	-101.19	-101.44	-102.23	-104.3
Treasury Stock	-0.06	-0.06	-0.06	-0.06	-0.06	-0.06
Comprehensive Income & Other	-2.98	-2.87	-2.08	-1.11	0.73	-0.09
Total Common Equity	25.42	25.43	25.45	24.21	14.04	10.01
Shareholders' Equity	25.42	25.43	25.45	24.21	14.04	10.01
Total Liabilities & Equity	42.31	44.69	44.16	44.83	46.14	41.96
Total Debt	10.13	11.92	12.69	12.44	22.81	17.57
Net Cash (Debt)	-8.51	-9.19	-9.06	-6.69	-18.76	-13.57
Net Cash Per Share	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	15,139	15,139	15,071	15,015	13,702	5,619
Total Common Shares Outstanding	15,139	15,098	15,071	13,750	6,271	5,619
Working Capital	20.48	20.22	21.25	20.26	17.33	4.9
Book Value Per Share	0.00	0.00	0.00	0.00	0.00	0.00
Tangible Book Value	25.42	25.43	25.45	24.21	14.04	10.01
Tangible Book Value Per Share	0.00	0.00	0.00	0.00	0.00	0.00
Land	-	2.44	2.58	2.71	2.88	3.03
Buildings	-	4.59	4.87	5.07	6.03	6.33
Machinery	-	9.95	11.22	11.59	14.4	14.85
Construction In Progress	-	0.15	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.