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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	902.59	475.23	453.17	392.62	483.83	1,208
Short-Term Investments	532.04	564.36	477.74	429.78	576.86	313.28
Trading Asset Securities	2,604	2,622	2,235	2,678	1,301	644.13
Cash & Short-Term Investments	4,039	3,662	3,166	3,500	2,362	2,166
Cash Growth	17.68%	15.65%	-9.54%	48.19%	9.06%	14.15%
Accounts Receivable	209.47	224.29	186.1	166.87	212.52	205.75
Other Receivables	111.18	412.82	5.07	4.62	397.63	24.23
Receivables	320.65	637.11	191.17	171.49	610.15	229.98
Inventory	18.4	27.53	37.33	26.59	79.15	63.62
Prepaid Expenses	56.86	56.83	60.37	47.26	46.59	52.33
Other Current Assets	235.47	275.39	310.99	317.44	236.28	275.48
Total Current Assets	4,670	4,659	3,766	4,063	3,334	2,787
Property, Plant & Equipment	4,484	4,661	5,013	5,409	6,017	6,484
Long-Term Investments	1,174	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	36.36	38.12	32.36	32.55	38.76	47.47
Other Long-Term Assets	141.88	140.82	544.71	484.65	501.86	903.49
Total Assets	10,527	10,631	10,489	11,011	10,954	11,332
Accounts Payable	232.8	323.88	415.06	339.35	342.8	279
Accrued Expenses	340.33	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	260.28	252.9	257.69	237.35	263.96	260.53
Current Income Taxes Payable	189.79	372.86	263.68	147.75	136.96	122.03
Current Unearned Revenue	490.07	615.85	667.67	725.27	584.06	529.88
Other Current Liabilities	2,017	660.11	422.46	418.69	431.45	482.08
Total Current Liabilities	3,617	2,843	2,654	2,474	3,616	2,579
Long-Term Debt	-	-	-	-	-	1,348
Long-Term Leases	2,433	2,555	2,756	2,966	3,246	3,491
Long-Term Unearned Revenue	10.48	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	221.14	216.28	298.51	307.99	311.03	219.92
Total Liabilities	6,342	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	2,653	3,383	3,116	3,777	2,147	1,988
Comprensive Income & Other	-220.32	-292.36	-271.43	-423.81	-313.34	-214.19
Total Common Equity	3,930	4,587	4,341	4,849	3,329	3,270
Minority Interest	255.51	360.48	365.1	312.9	320.61	288.49
Shareholders' Equity	4,185	4,948	4,706	5,162	3,650	3,558
Total Liabilities & Equity	10,527	10,631	10,489	11,011	10,954	11,332
Total Debt	2,780	2,894	3,100	3,287	4,916	5,576
Net Cash (Debt)	1,259	767.75	66.31	213.26	-2,554	-3,411
Net Cash Growth	153.76%	1057.77%	-68.90%	-	-	-
Net Cash Per Share	9.84	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	1,053	1,816	1,112	1,589	-281.92	208.51
Book Value Per Share	30.84	36.01	34.07	38.06	26.13	25.66
Tangible Book Value	3,909	4,567	4,320	4,828	3,304	3,246
Tangible Book Value Per Share	30.68	35.84	33.91	37.90	25.93	25.48
Land	273.47	273.47	273.47	273.47	273.47	273.47
Buildings	2,526	2,505	2,647	2,682	2,771	2,761
Machinery	1,349	1,330	1,486	1,797	2,178	2,227
Construction In Progress	37.17	10.95	12.93	11.59	8.61	53.84
Leasehold Improvements	447.26	437.86	453.64	455.3	547.38	561.64

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