Hsin Kuang Steel Company Limited (TPE:2031)

Hsin Kuang Steel Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,182	1,212	953.58	1,099	964.37	709.44
Short-Term Investments	194	-	-	-	-	-
Trading Asset Securities	3,292	3,473	2,973	1,585	2,110	1,956
Cash & Short-Term Investments	4,667	4,685	3,926	2,684	3,074	2,665
Cash Growth	-3.69%	19.33%	46.30%	-12.71%	15.35%	8.84%
Accounts Receivable	5,726	4,478	5,653	4,766	4,408	3,416
Other Receivables	45.77	51.93	13.17	28.97	38.7	23.92
Receivables	5,772	4,530	5,666	4,795	4,447	3,440
Inventory	6,026	6,262	6,157	5,344	6,567	3,849
Prepaid Expenses	181.05	213.83	163.21	140.45	280.77	177.78
Other Current Assets	11.66	276.44	167.4	199.14	99.13	85.86
Total Current Assets	16,658	15,967	16,080	13,162	14,468	10,218
Property, Plant & Equipment	5,463	5,478	4,578	3,864	3,827	5,294
Long-Term Investments	4,019	4,160	4,014	3,291	3,714	3,038
Other Intangible Assets	38.84	39.78	41.76	5.03	-	-
Long-Term Accounts Receivable	-	-	-	-	-	2.76
Long-Term Deferred Tax Assets	93.97	92.44	97.97	61.61	65.48	64.57
Other Long-Term Assets	3,788	3,814	3,541	4,056	3,848	1,275
Total Assets	30,061	29,551	28,353	24,439	25,922	19,893
Accounts Payable	574.1	520.84	526.61	643.4	783.27	546.7
Accrued Expenses	-	360.51	322.85	239.44	336.78	177.69
Short-Term Debt	8,816	8,197	7,478	7,755	6,756	5,622
Current Portion of Long-Term Debt	-	107.12	232.81	496.81	300.94	399.08
Current Income Taxes Payable	115.4	58.29	171.82	198.01	503.12	84.88
Current Unearned Revenue	894.07	709.93	1,416	311.34	419.47	212.68
Other Current Liabilities	1,336	97.56	102.24	99.27	234.26	224.51
Total Current Liabilities	11,735	10,051	10,251	9,743	9,334	7,267
Long-Term Debt	6,999	6,945	5,848	4,404	4,789	4,449
Long-Term Deferred Tax Liabilities	134.97	130.5	117.96	144.42	112.59	16.38
Other Long-Term Liabilities	78.02	60.93	39.87	39.33	33.69	33.81
Total Liabilities	18,947	17,203	16,290	14,364	14,314	11,792
Common Stock	3,211	3,211	3,211	3,211	3,211	3,082
Additional Paid-In Capital	943.45	943.45	943.45	943.45	943.45	823.2
Retained Earnings	5,471	6,613	6,017	4,533	5,359	3,043
Comprehensive Income & Other	788.61	881.4	1,166	674.42	1,377	722.65
Total Common Equity	10,415	11,650	11,339	9,363	10,891	7,671
Minority Interest	699.57	699.21	724.79	712.64	716.47	429.98
Shareholders' Equity	11,114	12,349	12,063	10,075	11,608	8,101
Total Liabilities & Equity	30,061	29,551	28,353	24,439	25,922	19,893
Total Debt	15,815	15,249	13,559	12,656	11,846	10,469
Net Cash (Debt)	-11,147	-10,564	-9,632	-9,972	-8,772	-7,804
Net Cash Per Share	-34.66	-32.79	-29.90	-31.01	-27.63	-24.24
Filing Date Shares Outstanding	319.89	321.15	321.15	321.15	321.15	308.22
Total Common Shares Outstanding	319.89	321.15	321.15	321.15	321.15	308.22
Working Capital	4,923	5,916	5,829	3,418	5,133	2,951
Book Value Per Share	32.56	36.27	35.31	29.15	33.91	24.89
Tangible Book Value	10,376	11,610	11,297	9,358	10,891	7,671
Tangible Book Value Per Share	32.44	36.15	35.18	29.14	33.91	24.89
Land	-	3,703	2,544	2,185	2,012	2,557
Buildings	-	1,491	1,461	1,298	1,266	1,175
Machinery	-	2,139	2,013	1,800	1,724	1,306
Construction In Progress	-	4.53	244.3	78.24	204.21	1,165
Leasehold Improvements	-	60.33	57.62	49.29	-	-

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