Serial System Ltd (SGX:S69)

Serial System Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	38.31	37.08	35.98	50.96	64.74
Short-Term Investments	-	1.35	3.1	2.54	2.68
Trading Asset Securities	9.68	7.66	9.81	10.72	15.91
Cash & Short-Term Investments	47.99	46.08	48.88	64.22	83.33
Cash Growth	4.13%	-5.73%	-23.88%	-22.94%	1.40%
Accounts Receivable	168.8	153.12	169.9	159.14	134.8
Other Receivables	5.2	6.94	8.45	7.14	7.31
Receivables	174.01	160.06	178.35	169.65	146.61
Inventory	122.26	126.59	162.97	133.69	107.69
Prepaid Expenses	-	2.06	1.79	1.69	2.28
Other Current Assets	5.4	6.87	6.32	4.38	0.88
Total Current Assets	349.65	341.66	398.32	373.62	340.78
Property, Plant & Equipment	27.09	29.07	30.42	33.98	33.8
Long-Term Investments	23.13	15.15	15.8	16.22	10.49
Goodwill	3.12	3.16	3.14	3.13	2.94
Other Intangible Assets	0.2	0.42	0.38	0.35	0.43
Long-Term Deferred Tax Assets	1.52	1.71	0.87	1	0.96
Other Long-Term Assets	7.43	8.32	8.6	9.51	7.31
Total Assets	412.13	399.48	457.52	437.8	396.72
Accounts Payable	85.18	45.68	70.75	66.06	70.77
Short-Term Debt	168.93	140.34	148.98	125.38	84.02
Current Portion of Long-Term Debt	-	41.87	47.4	41.53	44.74
Current Portion of Leases	-	1.09	1.55	1.53	0.85
Current Income Taxes Payable	0.59	1.03	1.39	1.38	0.95
Current Unearned Revenue	3.61	8.18	9.83	5.9	0.6
Other Current Liabilities	15.65	15.97	20.29	16.42	32.05
Total Current Liabilities	273.95	254.16	300.19	258.2	233.99
Long-Term Debt	3.03	10.94	6.4	14.76	9.21
Long-Term Leases	-	1.05	0.87	2.02	0.49
Long-Term Deferred Tax Liabilities	1.55	1.2	1.23	1.03	0.9
Total Liabilities	278.74	267.65	308.89	276.4	244.98
Common Stock	72.65	72.65	72.65	72.65	72.65
Retained Earnings	50.08	49.56	64.39	72	63.06
Treasury Stock	-0.07	-0.07	-0.07	-0.07	-0.74
Comprehensive Income & Other	4.64	2.6	2.01	6.2	6.66
Total Common Equity	127.3	124.74	138.98	150.77	141.63
Minority Interest	6.09	7.1	9.65	10.62	10.1
Shareholders' Equity	133.39	131.83	148.63	161.4	151.74
Total Liabilities & Equity	412.13	399.48	457.52	437.8	396.72
Total Debt	171.95	195.29	205.19	185.21	139.32
Net Cash (Debt)	-123.97	-149.21	-156.31	-121	-55.99
Net Cash Per Share	-0.14	-0.16	-0.17	-0.13	-0.06
Filing Date Shares Outstanding	904.84	904.84	904.84	904.84	895.84
Total Common Shares Outstanding	904.84	904.84	904.84	904.84	895.84
Working Capital	75.7	87.5	98.12	115.42	106.8
Book Value Per Share	0.14	0.14	0.15	0.17	0.16
Tangible Book Value	123.98	121.15	135.46	147.3	138.26
Tangible Book Value Per Share	0.14	0.13	0.15	0.16	0.15
Land	-	3.28	3.28	3.29	3.48
Buildings	-	36.25	35.64	45.78	43.55
Machinery	-	10.1	10.01	9.86	9.81

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.