Alset International Limited (SGX:40V)

Alset International Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	10.2	21.57	26.19	28.86	13.26	49.12
Trading Asset Securities	17.76	21.28	12.04	7.22	15.39	35.93
Cash & Short-Term Investments	27.95	42.85	38.23	36.08	28.66	85.05
Cash Growth	48.59%	12.09%	5.96%	25.88%	-66.30%	3.30%
Accounts Receivable	8.99	9.92	17.48	14.01	0.06	0.05
Other Receivables	-	-	-	-	6.83	4.98
Receivables	8.99	9.92	17.48	14.01	6.89	5.34
Inventory	0.01	0	-	23	40.62	26.61
Prepaid Expenses	0.08	0.13	0.09	0.1	0.15	0.74
Other Current Assets	3.72	0.14	0.15	0.14	38.29	7.79
Total Current Assets	40.75	53.04	55.94	73.32	114.61	125.54
Property, Plant & Equipment	1.67	1.83	2	2.71	2.76	1.62
Long-Term Investments	4.25	4.59	9.92	3.3	2.44	0.32
Other Long-Term Assets	18.41	17.74	24.53	17.37	-	37.9
Total Assets	65.07	77.2	93.79	96.7	119.81	165.38

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.08	0.13	0.12	1.87	1.47	3.58
Accrued Expenses	0.42	1.73	0.88	0.43	0.41	4.27
Current Portion of Long-Term Debt	-	-	-	-	-	0.24
Current Portion of Leases	0.31	0.42	0.47	0.6	0.83	0.72
Current Income Taxes Payable	-	0.31	-	0.01	-	-
Current Unearned Revenue	-	-	-	-	0	0.65
Other Current Liabilities	8.82	10.51	9.36	8.68	27.59	23.68
Total Current Liabilities	9.62	13.1	10.82	11.59	30.3	33.14
Long-Term Debt	-	-	-	-	-	0.09
Long-Term Leases	0.15	0.27	0.27	0.54	0.46	0.1
Total Liabilities	9.77	13.37	11.1	12.13	30.75	33.33

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	213.47	213.47	213.47	213.47	213.47	213.47
Retained Earnings	-179.48	-171.04	-152.63	-135.42	-131.03	-84.24
Comprehensive Income & Other	21.94	22.05	22.62	7.21	7.3	3.49
Total Common Equity	55.93	64.48	83.46	85.26	89.74	132.72
Minority Interest	-0.63	-0.65	-0.77	-0.69	-0.69	-0.67
Shareholders' Equity	55.3	63.83	82.69	84.57	89.06	132.05
Total Liabilities & Equity	65.07	77.2	93.79	96.7	119.81	165.38

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.46	0.69	0.74	1.14	1.28	1.15
Net Cash (Debt)	27.49	42.16	37.49	34.93	27.38	83.89
Net Cash Growth	51.96%	12.46%	7.32%	27.61%	-67.37%	3.60%
Net Cash Per Share	0.01	0.01	0.01	0.01	0.01	0.03
Filing Date Shares Outstanding	3,493	3,493	3,493	3,493	3,493	3,493
Total Common Shares Outstanding	3,493	3,493	3,493	3,493	3,493	3,493
Working Capital	31.12	39.94	45.12	61.73	84.31	92.4
Book Value Per Share	0.02	0.02	0.02	0.02	0.03	0.04
Tangible Book Value	55.93	64.48	83.46	85.26	89.74	132.72
Tangible Book Value Per Share	0.02	0.02	0.02	0.02	0.03	0.04
Buildings	-	0.85	0.9	0.87	0.57	0.57
Machinery	-	0.73	0.69	0.96	0.96	0.37

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 9, 2026

Data Sources Report a data error