Tat Seng Packaging Group Ltd (SGX:T12)

Tat Seng Packaging Group Balance Sheet

Financials in millions SGD. 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	97.47	104.24	82.78	93.7	72.09
Short-Term Investments	5.93	-	-	-	-
Cash & Short-Term Investments	103.4	104.24	82.78	93.7	72.09
Cash Growth	-0.80%	25.92%	-11.65%	29.98%	39.05%
Accounts Receivable	85.06	82.98	97.65	112.59	103.2
Receivables	85.06	82.98	97.65	112.59	103.2
Inventory	22.1	21.25	27.67	42.68	29.07
Total Current Assets	210.56	208.46	208.11	248.98	204.36
Property, Plant & Equipment	87.38	93.06	95.03	87.31	86.46
Long-Term Investments	26.53	16.16	-	-	-
Goodwill	1.03	1.02	1.07	1.17	1.12
Long-Term Accounts Receivable	0.22	0.21	0.02	0.04	0.15
Long-Term Deferred Tax Assets	2.79	2.98	3.66	3.64	3.34
Total Assets	328.5	321.89	307.88	341.13	295.42
Accounts Payable	41.13	20.46	23.84	31.49	31.35
Accrued Expenses	-	12.83	14.4	16.14	16.56
Short-Term Debt	-	35.13	43.18	48.67	38.32
Current Portion of Long-Term Debt	60.68	33.76	12.76	31.54	13.52
Current Portion of Leases	0.52	0.45	0.41	1.01	1.92
Current Income Taxes Payable	1.65	0.81	0.71	1.21	0.87
Current Unearned Revenue	0.25	0.27	0.28	0.3	0.42
Other Current Liabilities	-	4.18	4.59	5.41	5.31
Total Current Liabilities	104.23	107.89	100.16	135.77	108.25
Long-Term Debt	-	-	-	3.82	10.24
Long-Term Leases	6.36	6.38	6.53	0.51	1.4
Long-Term Unearned Revenue	0.94	1.19	1.3	1.72	1.93
Long-Term Deferred Tax Liabilities	3.49	3.6	2.9	3.31	3
Total Liabilities	115.02	119.07	110.89	145.12	124.82
Common Stock	31.44	31.44	31.44	31.44	31.44
Retained Earnings	180.94	169.97	158.99	144.61	126.8
Comprehensive Income & Other	-9.97	-9.96	-5.23	7.32	1.62
Total Common Equity	202.41	191.46	185.2	183.36	159.85
Minority Interest	11.07	11.36	11.79	12.65	10.75
Shareholders' Equity	213.47	202.82	196.99	196.01	170.6
Total Liabilities & Equity	328.5	321.89	307.88	341.13	295.42
Total Debt	67.55	75.73	62.87	85.53	65.39
Net Cash (Debt)	35.85	28.52	19.91	8.17	6.7
Net Cash Growth	25.72%	43.19%	143.78%	22.00%	-
Net Cash Per Share	0.23	0.18	0.13	0.05	0.04
Filing Date Shares Outstanding	157.2	157.2	157.2	157.2	157.2
Total Common Shares Outstanding	157.2	157.2	157.2	157.2	157.2
Working Capital	106.33	100.57	107.95	113.21	96.11
Book Value Per Share	1.29	1.22	1.18	1.17	1.02
Tangible Book Value	201.38	190.43	184.14	182.2	158.74
Tangible Book Value Per Share	1.28	1.21	1.17	1.16	1.01
Land	-	65	67.73	59.89	56.53
Machinery	-	103.34	104.31	109.12	101.12
Construction In Progress	-	10.22	5.06	5.09	3.7

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