Tat Seng Packaging Group Ltd (SGX: T12)

Tat Seng Packaging Group 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	97.61	104.24	82.78	93.7	72.09	51.84
Cash & Short-Term Investments	97.61	104.24	82.78	93.7	72.09	51.84
Cash Growth	6.56%	25.92%	-11.65%	29.98%	39.06%	-13.68%
Accounts Receivable	85.66	82.98	97.65	112.59	103.2	96.23
Receivables	85.66	82.98	97.65	112.59	103.2	96.23
Inventory	23.21	21.25	27.67	42.68	29.07	22.36
Total Current Assets	206.48	208.46	208.11	248.98	204.36	170.44
Property, Plant & Equipment	91.47	93.06	95.03	87.31	86.46	88.98
Long-Term Investments	24.34	16.16	-	-	-	-
Goodwill	1.03	1.02	1.07	1.17	1.12	1.06
Other Intangible Assets	-	-	-	-	-	0.01
Long-Term Accounts Receivable	0.2	0.21	0.02	0.04	0.15	0.53
Long-Term Deferred Tax Assets	2.85	2.98	3.66	3.64	3.34	3.73
Total Assets	326.37	321.89	307.88	341.13	295.42	264.75
Accounts Payable	32.7	20.46	23.84	31.49	31.35	34.17
Accrued Expenses	-	12.83	14.4	16.14	16.56	14.13
Short-Term Debt	-	35.13	43.18	48.67	38.32	32.03
Current Portion of Long-Term Debt	69.24	33.76	12.76	31.54	13.52	10.87
Current Portion of Leases	0.53	0.45	0.41	1.01	1.92	1.86
Current Income Taxes Payable	1.33	0.81	0.71	1.21	0.87	0.34
Current Unearned Revenue	0.26	0.27	0.28	0.3	0.42	0.3
Other Current Liabilities	-	4.18	4.59	5.41	5.31	4.95
Total Current Liabilities	104.07	107.89	100.16	135.77	108.25	98.65
Long-Term Debt	-	-	-	3.82	10.24	14.57
Long-Term Leases	6.31	6.38	6.53	0.51	1.4	3.27
Long-Term Unearned Revenue	1.07	1.19	1.3	1.72	1.93	2.13
Long-Term Deferred Tax Liabilities	4.1	3.6	2.9	3.31	3	2.97
Total Liabilities	115.55	119.07	110.89	145.12	124.82	121.59
Common Stock	31.44	31.44	31.44	31.44	31.44	31.44
Retained Earnings	176.95	169.97	158.99	144.61	126.8	106.81
Comprehensive Income & Other	-9.57	-9.96	-5.23	7.32	1.62	-4.16
Total Common Equity	198.83	191.46	185.2	183.36	159.85	134.08
Minority Interest	11.99	11.36	11.79	12.65	10.75	9.07
Shareholders' Equity	210.82	202.82	196.99	196.01	170.6	143.16
Total Liabilities & Equity	326.37	321.89	307.88	341.13	295.42	264.75
Total Debt	76.08	75.73	62.87	85.53	65.39	62.6
Net Cash (Debt)	21.53	28.52	19.91	8.17	6.7	-10.76
Net Cash Growth	-47.74%	43.19%	143.78%	22.00%	-	-
Net Cash Per Share	0.14	0.18	0.13	0.05	0.04	-0.07
Filing Date Shares Outstanding	157.2	157.2	157.2	157.2	157.2	157.2
Total Common Shares Outstanding	157.2	157.2	157.2	157.2	157.2	157.2
Working Capital	102.41	100.57	107.95	113.21	96.11	71.79
Book Value Per Share	1.26	1.22	1.18	1.17	1.02	0.85
Tangible Book Value	197.8	190.43	184.14	182.2	158.74	133.01
Tangible Book Value Per Share	1.26	1.21	1.17	1.16	1.01	0.85
Land	-	65	67.73	59.89	56.53	53.69
Machinery	-	103.34	104.31	109.12	101.12	95.8
Construction In Progress	-	10.22	5.06	5.09	3.7	2.16

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