GigaCloud Technology Inc. (GCT)

GigaCloud Technology Balance Sheet

Financials in millions USD. 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	217.58	183.28	143.53	63.2	61.54	5.3
Short-Term Investments	42.17	-	-	-	-	1.38
Cash & Short-Term Investments	259.75	183.28	143.53	63.2	61.54	6.68
Cash Growth	21.39%	27.70%	127.11%	2.69%	821.29%	-
Accounts Receivable	62.55	58.88	27.14	18.04	24.02	13.91
Other Receivables	-	9.95	4.02	3.73	3.06	0.8
Receivables	62.55	68.82	31.16	21.77	27.08	14.71
Inventory	183.32	132.25	78.34	81.44	35.58	21.76
Prepaid Expenses	21.35	3.45	1.41	3.62	2.41	1.34
Restricted Cash	0.75	0.89	1.55	0.66	0.66	0.26
Other Current Assets	-	4.12	2.15	1.73	5.1	1.82
Total Current Assets	527.72	392.81	258.12	172.42	132.37	46.56
Property, Plant & Equipment	505.04	423.54	157.22	11.08	5.94	2.4
Goodwill	12.59	12.59	-	-	-	-
Other Intangible Assets	6.74	8.37	-	-	-	-
Long-Term Deferred Tax Assets	8.33	1.44	0.08	0.07	0.03	0.54
Other Long-Term Assets	12.93	8.17	3.18	3.21	-	-
Total Assets	1,073	846.91	418.6	186.78	138.34	49.5
Accounts Payable	66.75	29.75	10.47	7.4	11.46	10.47
Accrued Expenses	69.37	49.97	26.04	21.72	11.29	5.74
Short-Term Debt	-	-	-	-	-	0.09
Current Portion of Long-Term Debt	-	-	0.21	0.35	0.39	-
Current Portion of Leases	85.08	59.62	30.57	2.34	1.09	-
Current Income Taxes Payable	20.81	15.21	4.14	8.15	8	2.08
Current Unearned Revenue	5.33	5.54	2	3.69	3.42	0.36
Other Current Liabilities	-	45.68	29.21	13.41	13.26	3.64
Total Current Liabilities	247.33	205.77	102.64	57.04	48.91	22.38
Long-Term Debt	-	-	-	0.24	0.71	-
Long-Term Leases	419.39	343.62	117.43	2.35	1.84	-
Long-Term Deferred Tax Liabilities	2.71	3.8	0.47	0.29	0.12	-
Other Long-Term Liabilities	3.53	3.3	2.89	1.03	-	-
Total Liabilities	672.96	556.49	223.44	60.95	51.57	22.38
Common Stock	2.08	2.05	2.03	0.55	0.48	0.48
Additional Paid-In Capital	127.36	111.74	109.05	37.44	27.76	31.72
Retained Earnings	272.55	177.7	83.59	60.56	32.8	-6.03
Treasury Stock	-1.59	-1.59	-0.23	-	-	-
Comprehensive Income & Other	-0.01	0.53	0.72	-0.24	-0.29	0.08
Total Common Equity	400.39	290.42	195.17	98.31	60.75	26.24
Shareholders' Equity	400.39	290.42	195.17	125.83	86.77	27.12
Total Liabilities & Equity	1,073	846.91	418.6	186.78	138.34	49.5
Total Debt	504.46	403.24	148.21	5.27	4.03	0.09
Net Cash (Debt)	-244.71	-219.95	-4.68	57.93	57.51	6.59
Net Cash Growth	-	-	-	0.73%	772.54%	-
Net Cash Per Share	-5.94	-5.37	-0.19	5.65	6.06	0.69
Filing Date Shares Outstanding	40.97	40.8	40.74	11.08	9.5	9.5
Total Common Shares Outstanding	41.38	40.78	40.68	11.08	9.5	9.5
Working Capital	280.39	187.03	155.48	115.38	83.46	24.18
Book Value Per Share	9.68	7.12	4.80	8.87	6.40	2.76
Tangible Book Value	381.06	269.46	195.17	98.31	60.75	26.24
Tangible Book Value Per Share	9.21	6.61	4.80	8.87	6.40	2.76
Machinery	-	19.37	5.63	5.01	3.2	2.66

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