Formosa International Hotels Corporation (TPE: 2707)

Formosa International Hotels 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	1,076	475.23	453.17	392.62	483.83	1,208
Short-Term Investments	165.38	564.36	477.74	429.78	576.86	313.28
Trading Asset Securities	1,611	2,622	2,235	2,678	1,301	644.13
Cash & Short-Term Investments	2,852	3,662	3,166	3,500	2,362	2,166
Cash Growth	0.66%	15.65%	-9.54%	48.19%	9.06%	14.15%
Accounts Receivable	165.92	224.29	186.1	166.87	212.52	205.75
Other Receivables	75.09	412.82	5.07	4.62	397.63	24.23
Receivables	241.01	637.11	191.17	171.49	610.15	229.98
Inventory	19.69	27.53	37.33	26.59	79.15	63.62
Prepaid Expenses	62.23	56.83	60.37	47.26	46.59	52.33
Other Current Assets	221.26	275.39	310.99	317.44	236.28	275.48
Total Current Assets	3,397	4,659	3,766	4,063	3,334	2,787
Property, Plant & Equipment	5,526	4,661	5,013	5,409	6,017	6,484
Long-Term Investments	1,146	1,112	1,111	1,001	1,037	1,087
Other Intangible Assets	20.92	20.92	20.92	20.92	25.42	23.46
Long-Term Deferred Tax Assets	44.69	38.12	32.36	32.55	38.76	47.47
Other Long-Term Assets	145.29	140.82	544.71	484.65	501.86	903.49
Total Assets	10,280	10,631	10,489	11,011	10,954	11,332
Accounts Payable	240.48	323.88	415.06	339.35	342.8	279
Accrued Expenses	394.2	530.83	541.12	522	450.52	428.22
Short-Term Debt	86.71	86.71	86.71	83.9	35.16	477.05
Current Portion of Long-Term Debt	-	-	-	-	1,371	-
Current Portion of Leases	269.81	252.9	257.69	237.35	263.96	260.53
Current Income Taxes Payable	84.3	372.86	263.68	147.75	136.96	122.03
Current Unearned Revenue	525.05	615.85	667.67	725.27	584.06	529.88
Other Current Liabilities	644.01	660.11	422.46	418.69	431.45	482.08
Total Current Liabilities	2,245	2,843	2,654	2,474	3,616	2,579
Long-Term Debt	-	-	-	-	-	1,348
Long-Term Leases	3,357	2,555	2,756	2,966	3,246	3,491
Long-Term Unearned Revenue	10.08	8.23	9.89	8.49	10.42	11.69
Long-Term Deferred Tax Liabilities	1.83	1.83	0.7	-	0.01	0.02
Other Long-Term Liabilities	224.6	216.28	298.51	307.99	311.03	219.92
Total Liabilities	5,896	5,683	5,783	5,849	7,304	7,774
Common Stock	1,274	1,274	1,274	1,274	1,274	1,274
Additional Paid-In Capital	222.38	222.38	222.38	222.38	222.2	222.2
Retained Earnings	2,875	3,383	3,116	3,777	2,147	1,988
Comprehensive Income & Other	-233.54	-292.36	-271.43	-423.81	-313.34	-214.19
Total Common Equity	4,138	4,587	4,341	4,849	3,329	3,270
Minority Interest	245.14	360.48	365.1	312.9	320.61	288.49
Shareholders' Equity	4,383	4,948	4,706	5,162	3,650	3,558
Total Liabilities & Equity	10,280	10,631	10,489	11,011	10,954	11,332
Total Debt	3,713	2,894	3,100	3,287	4,916	5,576
Net Cash (Debt)	-860.95	767.75	66.31	213.26	-2,554	-3,411
Net Cash Growth	-	1057.77%	-68.90%	-	-	-
Net Cash Per Share	-6.73	6.00	0.52	1.61	-18.69	-24.97
Filing Date Shares Outstanding	127.4	127.4	127.4	127.4	127.4	127.4
Total Common Shares Outstanding	127.4	127.4	127.4	127.4	127.4	127.4
Working Capital	1,152	1,816	1,112	1,589	-281.92	208.51
Book Value Per Share	32.48	36.01	34.07	38.06	26.13	25.66
Tangible Book Value	4,117	4,567	4,320	4,828	3,304	3,246
Tangible Book Value Per Share	32.32	35.84	33.91	37.90	25.93	25.48
Land	273.47	273.47	273.47	273.47	273.47	273.47
Buildings	2,572	2,505	2,647	2,682	2,771	2,761
Machinery	1,470	1,330	1,486	1,797	2,178	2,227
Construction In Progress	5.47	10.95	12.93	11.59	8.61	53.84
Leasehold Improvements	460.88	437.86	453.64	455.3	547.38	561.64

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