Kim Heng 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	4.36	3.36	10.97	13.14	8.25	6.23
Short-Term Investments	4.69	4.13	1.27	0.36	0.73	0.64
Cash & Short-Term Investments	9.05	7.49	12.24	13.49	8.98	6.87
Cash Growth	33.77%	-38.81%	-9.27%	50.23%	30.74%	103.07%
Accounts Receivable	40.26	32.84	22.34	18.58	12.53	10.43
Other Receivables	3.05	3.61	1.5	3.05	0.44	0.55
Receivables	43.31	36.45	23.84	21.63	12.96	10.98
Inventory	11.23	20.87	28.74	2.82	2.08	0.47
Prepaid Expenses	1.35	1.28	1.41	0.88	0.86	0.34
Other Current Assets	6.48	9.88	3.74	13.59	1.1	6.09
Total Current Assets	71.42	75.97	69.98	52.41	25.98	24.73
Property, Plant & Equipment	116.09	105.49	97.19	101	105.51	97.62
Other Intangible Assets	0.06	0.06	0.06	0.06	0.06	0.06
Total Assets	187.57	181.53	167.23	153.47	131.56	122.42
Accounts Payable	13.45	12.16	13.65	8.58	10.51	6.29
Accrued Expenses	17.23	11.84	6.88	6.23	3.67	4.27
Short-Term Debt	6.84	19.23	5.97	3.09	3.43	2.87
Current Portion of Long-Term Debt	33.6	26.17	18.61	13.38	13.56	11.22
Current Portion of Leases	4.15	3.8	3.76	2.91	2.4	1.82
Current Income Taxes Payable	0.29	1.02	1.42	0.92	0.49	0.06
Current Unearned Revenue	16.23	16.66	1.67	0.02	0.06	0.28
Other Current Liabilities	3.11	2.05	13.46	20.39	0.35	0.55
Total Current Liabilities	94.88	92.93	65.43	55.51	34.45	27.35
Long-Term Debt	18.14	12.23	20.91	20.83	29.83	27.64
Long-Term Leases	9.36	11.28	12.05	10.33	10.03	6.51
Long-Term Deferred Tax Liabilities	6.74	6.8	5.58	3.24	1.86	1.52
Total Liabilities	129.13	123.23	103.96	89.91	76.17	63.02
Common Stock	74.41	74.41	74.41	74.41	74.41	74.41
Retained Earnings	14.72	14.26	15.49	15.93	8.56	14.45
Treasury Stock	-0.36	-0.36	-0.32	-0.32	-0.18	-0.14
Comprehensive Income & Other	-38.62	-37.6	-33.6	-33.17	-32.99	-33.32
Total Common Equity	50.15	50.71	55.98	56.84	49.8	55.4
Minority Interest	8.3	7.59	7.29	6.71	5.59	4
Shareholders' Equity	58.45	58.29	63.26	63.55	55.39	59.4
Total Liabilities & Equity	187.57	181.53	167.23	153.47	131.56	122.42
Total Debt	72.09	72.71	61.31	50.54	59.24	50.06
Net Cash (Debt)	-63.04	-65.22	-49.06	-37.04	-50.26	-43.19
Net Cash Per Share	-0.09	-0.09	-0.07	-0.05	-0.07	-0.06
Filing Date Shares Outstanding	704.93	704.93	704.93	705.44	706.64	707.91
Total Common Shares Outstanding	704.93	704.93	705.44	705.44	707.14	707.91
Working Capital	-23.46	-16.96	4.55	-3.1	-8.47	-2.62
Book Value Per Share	0.07	0.07	0.08	0.08	0.07	0.08
Tangible Book Value	50.09	50.65	55.92	56.78	49.73	55.34
Tangible Book Value Per Share	0.07	0.07	0.08	0.08	0.07	0.08
Buildings	-	37.67	37.5	37.48	37.48	37.47
Machinery	-	74.42	77.8	80.55	88.44	79.96
Construction In Progress	-	12.48	3.81	9.21	8.61	9.72

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