CTI Engineering Co., Ltd. (TYO:9621)

CTI Engineering Balance Sheet

Financials in millions JPY. 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	16,447	15,523	19,654	22,589	20,527	16,684
Cash & Short-Term Investments	16,447	15,523	19,654	22,589	20,527	16,684
Cash Growth	21.54%	-21.02%	-12.99%	10.04%	23.03%	68.99%
Receivables	50,053	39,537	33,190	25,479	9,348	6,524
Inventory	-	97	107	165	17,345	17,421
Other Current Assets	1,526	1,810	1,436	1,299	967	721
Total Current Assets	68,091	56,967	54,387	49,532	48,187	41,350
Property, Plant & Equipment	11,984	11,178	10,222	9,899	9,698	9,729
Long-Term Investments	-	11,368	9,048	7,614	7,477	6,406
Goodwill	6,633	6,874	4,266	4,058	4,208	4,035
Other Intangible Assets	354	372	475	600	759	813
Long-Term Deferred Tax Assets	-	222	876	1,122	1,051	1,117
Other Long-Term Assets	12,155	2	1	3	1	1
Total Assets	99,217	87,694	79,914	73,296	71,880	63,980
Accounts Payable	5,269	3,609	3,018	2,992	2,302	2,147
Accrued Expenses	1,753	3,709	4,218	3,473	3,058	2,116
Short-Term Debt	9,190	1,990	1,190	1,190	900	750
Current Portion of Leases	-	780	641	538	467	411
Current Income Taxes Payable	2,051	1,144	1,123	2,801	1,831	1,254
Current Unearned Revenue	3,536	-	-	-	14,268	13,860
Other Current Liabilities	10,005	11,101	11,346	10,690	6,539	6,216
Total Current Liabilities	31,804	22,333	21,536	21,684	29,365	26,754
Long-Term Debt	109	119	160	201	-	-
Long-Term Leases	-	1,137	887	960	1,113	1,189
Long-Term Deferred Tax Liabilities	-	169	111	120	33	42
Other Long-Term Liabilities	3,262	1,365	1,261	1,452	1,548	946
Total Liabilities	36,054	26,021	24,822	25,578	33,061	29,965
Common Stock	3,025	3,025	3,025	3,025	3,025	3,025
Additional Paid-In Capital	3,648	3,650	3,616	3,535	3,610	4,144
Retained Earnings	51,128	49,318	44,652	38,531	29,861	26,026
Treasury Stock	-890	-890	-939	-14	-13	-13
Comprehensive Income & Other	6,050	6,349	4,532	2,443	2,188	659
Total Common Equity	62,961	61,452	54,886	47,520	38,671	33,841
Minority Interest	202	221	206	198	148	174
Shareholders' Equity	63,163	61,673	55,092	47,718	38,819	34,015
Total Liabilities & Equity	99,217	87,694	79,914	73,296	71,880	63,980
Total Debt	9,299	4,026	2,878	2,889	2,480	2,350
Net Cash (Debt)	7,148	11,497	16,776	19,700	18,047	14,334
Net Cash Growth	-39.94%	-31.47%	-14.84%	9.16%	25.90%	98.45%
Net Cash Per Share	257.49	414.31	603.54	696.62	638.16	506.86
Filing Date Shares Outstanding	27.76	27.76	27.73	28.08	28.28	28.28
Total Common Shares Outstanding	27.76	27.76	27.73	28.28	28.28	28.28
Working Capital	36,287	34,634	32,851	27,848	18,822	14,596
Book Value Per Share	2268.02	2213.65	1979.39	1680.39	1367.46	1196.65
Tangible Book Value	55,974	54,206	50,145	42,862	33,704	28,993
Tangible Book Value Per Share	2016.33	1952.63	1808.41	1515.67	1191.82	1025.22
Order Backlog	-	63,442	65,353	64,761	81,260	71,222

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