GigaCloud Technology Inc. (GCT)

GigaCloud Technology Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	259.76	183.28	143.53	63.2	61.54
Short-Term Investments	42.67	-	-	-	-
Cash & Short-Term Investments	302.43	183.28	143.53	63.2	61.54
Cash Growth	65.01%	27.70%	127.11%	2.69%	821.29%
Accounts Receivable	57.31	58.88	27.14	18.04	24.02
Other Receivables	6.88	9.95	4.01	3.73	3.06
Receivables	64.19	68.82	31.16	21.77	27.08
Inventory	172.49	132.25	78.34	81.44	35.58
Prepaid Expenses	4.66	3.45	1.41	3.62	2.41
Restricted Cash	0.69	0.89	1.55	0.66	0.66
Other Current Assets	3.13	4.12	2.15	1.73	5.1
Total Current Assets	547.59	392.81	258.12	172.42	132.37
Property, Plant & Equipment	481.43	423.54	157.22	11.08	5.94
Goodwill	12.59	12.59	-	-	-
Other Intangible Assets	6.2	8.37	-	-	-
Long-Term Deferred Tax Assets	10.03	1.44	0.08	0.07	0.03
Other Long-Term Assets	12.65	8.17	3.18	3.21	-
Total Assets	1,070	846.91	418.6	186.78	138.34
Accounts Payable	39.04	29.75	10.47	7.4	11.46
Accrued Expenses	50.88	49.97	26.04	21.72	11.29
Current Portion of Long-Term Debt	-	-	0.21	0.35	0.39
Current Portion of Leases	88.66	59.62	30.57	2.34	1.09
Current Income Taxes Payable	13.62	15.21	4.14	8.15	8
Current Unearned Revenue	4.49	5.54	2	3.69	3.42
Other Current Liabilities	67.7	45.68	29.21	13.41	13.26
Total Current Liabilities	264.38	205.77	102.64	57.04	48.91
Long-Term Debt	-	-	-	0.24	0.71
Long-Term Leases	395.62	343.62	117.43	2.35	1.84
Long-Term Deferred Tax Liabilities	0.94	3.8	0.47	0.29	0.12
Other Long-Term Liabilities	4.32	3.3	2.89	1.03	-
Total Liabilities	665.26	556.49	223.44	60.95	51.57
Common Stock	2.05	2.05	2.03	0.55	0.48
Additional Paid-In Capital	120.26	111.74	109.05	37.44	27.76
Retained Earnings	298.86	177.7	83.59	60.56	32.8
Treasury Stock	-11.82	-1.59	-0.23	-	-
Comprehensive Income & Other	-4.14	0.53	0.72	-0.24	-0.29
Total Common Equity	405.22	290.42	195.17	98.31	60.75
Shareholders' Equity	405.22	290.42	195.17	125.83	86.77
Total Liabilities & Equity	1,070	846.91	418.6	186.78	138.34
Total Debt	484.28	403.24	148.21	5.27	4.03
Net Cash (Debt)	-181.85	-219.95	-4.68	57.93	57.51
Net Cash Growth	-	-	-	0.73%	772.54%
Net Cash Per Share	-4.41	-5.37	-0.19	5.65	6.06
Filing Date Shares Outstanding	40.07	40.8	40.74	11.08	9.5
Total Common Shares Outstanding	40.35	40.78	40.68	11.08	9.5
Working Capital	283.21	187.03	155.48	115.38	83.46
Book Value Per Share	10.04	7.12	4.80	8.87	6.40
Tangible Book Value	386.43	269.46	195.17	98.31	60.75
Tangible Book Value Per Share	9.58	6.61	4.80	8.87	6.40
Machinery	39.49	19.37	5.63	5.01	3.2

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