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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,147	953.58	1,099	964.37	709.44	1,099
Trading Asset Securities	3,604	2,973	1,585	2,110	1,956	1,350
Cash & Short-Term Investments	4,751	3,926	2,684	3,074	2,665	2,449
Cash Growth	20.13%	46.31%	-12.71%	15.35%	8.84%	-17.69%
Accounts Receivable	4,354	5,653	4,766	4,408	3,416	2,457
Other Receivables	67.8	13.17	28.97	38.7	23.92	16.44
Receivables	4,422	5,666	4,795	4,447	3,440	2,474
Inventory	7,089	6,157	5,344	6,567	3,849	3,435
Prepaid Expenses	209.13	163.21	140.45	280.77	177.78	147.75
Other Current Assets	179.76	167.4	199.14	99.13	85.86	92.5
Total Current Assets	16,651	16,080	13,162	14,468	10,218	8,598
Property, Plant & Equipment	4,879	4,054	3,864	3,827	5,294	3,888
Long-Term Investments	4,541	4,014	3,291	3,714	3,038	2,117
Other Intangible Assets	40.58	41.76	5.03	-	-	-
Long-Term Accounts Receivable	-	-	-	-	2.76	-
Long-Term Deferred Tax Assets	95.12	97.97	61.61	65.48	64.57	47.41
Other Long-Term Assets	3,989	4,065	4,056	3,848	1,275	1,439
Total Assets	30,196	28,353	24,439	25,922	19,893	16,088
Accounts Payable	690.49	526.61	643.4	783.27	546.7	312.79
Accrued Expenses	348.58	322.85	239.44	336.78	177.69	102.76
Short-Term Debt	8,207	7,478	7,755	6,756	5,622	5,213
Current Portion of Long-Term Debt	119.62	232.81	496.81	300.94	399.08	420.53
Current Income Taxes Payable	20.91	171.82	198.01	503.12	84.88	11.18
Current Unearned Revenue	542.67	1,416	311.34	419.47	212.68	149.49
Other Current Liabilities	106.48	102.24	99.27	234.26	224.51	54.73
Total Current Liabilities	10,036	10,251	9,743	9,334	7,267	6,264
Long-Term Debt	6,168	5,848	4,404	4,789	4,449	2,956
Long-Term Deferred Tax Liabilities	123.79	117.96	144.42	112.59	16.38	12.2
Other Long-Term Liabilities	55.42	39.87	39.33	33.69	33.81	17.24
Total Liabilities	17,354	16,290	14,364	14,314	11,792	9,277
Common Stock	3,211	3,211	3,211	3,211	3,082	3,107
Additional Paid-In Capital	943.45	943.45	943.45	943.45	823.2	817.72
Retained Earnings	6,672	6,017	4,533	5,359	3,043	2,468
Comprehensive Income & Other	1,317	1,166	674.42	1,377	722.65	-108.26
Total Common Equity	12,144	11,339	9,363	10,891	7,671	6,284
Minority Interest	697.83	724.79	712.64	716.47	429.98	526.71
Shareholders' Equity	12,842	12,063	10,075	11,608	8,101	6,811
Total Liabilities & Equity	30,196	28,353	24,439	25,922	19,893	16,088
Total Debt	14,494	13,559	12,656	11,846	10,469	8,590
Net Cash (Debt)	-9,743	-9,632	-9,972	-8,772	-7,804	-6,141
Net Cash Per Share	-30.26	-29.90	-31.01	-27.63	-24.24	-19.76
Filing Date Shares Outstanding	321.15	321.15	321.15	321.15	308.22	310.69
Total Common Shares Outstanding	321.15	321.15	321.15	321.15	308.22	310.69
Working Capital	6,615	5,829	3,418	5,133	2,951	2,333
Book Value Per Share	37.82	35.31	29.15	33.91	24.89	20.23
Tangible Book Value	12,104	11,297	9,358	10,891	7,671	6,284
Tangible Book Value Per Share	37.69	35.18	29.14	33.91	24.89	20.23
Land	-	2,185	2,185	2,012	2,557	2,514
Buildings	-	1,299	1,298	1,266	1,175	1,113
Machinery	-	1,962	1,800	1,724	1,306	1,020
Construction In Progress	-	244.3	78.24	204.21	1,165	39.42
Leasehold Improvements	-	57.62	49.29	-	-	-

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