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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	185.62	183.28	143.53	63.2	61.54	5.3
Short-Term Investments	22.2	-	-	-	-	1.38
Cash & Short-Term Investments	207.82	183.28	143.53	63.2	61.54	6.68
Cash Growth	14.50%	27.70%	127.11%	2.69%	821.29%	-
Accounts Receivable	69.62	58.88	27.14	18.04	24.02	13.91
Other Receivables	-	9.95	4.02	3.73	3.06	0.8
Receivables	69.62	68.82	31.16	21.77	27.08	14.71
Inventory	197.55	132.25	78.34	81.44	35.58	21.76
Prepaid Expenses	17.48	3.45	1.41	3.62	2.41	1.34
Restricted Cash	0.91	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	493.37	392.81	258.12	172.42	132.37	46.56
Property, Plant & Equipment	518.16	423.54	157.22	11.08	5.94	2.4
Goodwill	12.59	12.59	-	-	-	-
Other Intangible Assets	7.28	8.37	-	-	-	-
Long-Term Deferred Tax Assets	7.85	1.44	0.08	0.07	0.03	0.54
Other Long-Term Assets	15.78	8.17	3.18	3.21	-	-
Total Assets	1,055	846.91	418.6	186.78	138.34	49.5
Accounts Payable	79.86	29.75	10.47	7.4	11.46	10.47
Accrued Expenses	71.21	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	76.95	59.62	30.57	2.34	1.09	-
Current Income Taxes Payable	14.5	15.21	4.14	8.15	8	2.08
Current Unearned Revenue	6.5	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	249.01	205.77	102.64	57.04	48.91	22.38
Long-Term Debt	-	-	-	0.24	0.71	-
Long-Term Leases	440.79	343.62	117.43	2.35	1.84	-
Long-Term Deferred Tax Liabilities	3.34	3.8	0.47	0.29	0.12	-
Other Long-Term Liabilities	3.47	3.3	2.89	1.03	-	-
Total Liabilities	696.6	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	125.92	111.74	109.05	37.44	27.76	31.72
Retained Earnings	231.86	177.7	83.59	60.56	32.8	-6.03
Treasury Stock	-1.59	-1.59	-0.23	-	-	-
Comprehensive Income & Other	0.15	0.53	0.72	-0.24	-0.29	0.08
Total Common Equity	358.42	290.42	195.17	98.31	60.75	26.24
Shareholders' Equity	358.42	290.42	195.17	125.83	86.77	27.12
Total Liabilities & Equity	1,055	846.91	418.6	186.78	138.34	49.5
Total Debt	517.74	403.24	148.21	5.27	4.03	0.09
Net Cash (Debt)	-309.92	-219.95	-4.68	57.93	57.51	6.59
Net Cash Growth	-	-	-	0.73%	772.54%	-
Net Cash Per Share	-7.55	-5.37	-0.19	5.65	6.06	0.69
Filing Date Shares Outstanding	41.36	40.8	40.74	11.08	9.5	9.5
Total Common Shares Outstanding	41.36	40.78	40.68	11.08	9.5	9.5
Working Capital	244.36	187.03	155.48	115.38	83.46	24.18
Book Value Per Share	8.67	7.12	4.80	8.87	6.40	2.76
Tangible Book Value	338.55	269.46	195.17	98.31	60.75	26.24
Tangible Book Value Per Share	8.19	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.