Huadi International Group Co., Ltd. (HUDI)

Huadi International Group Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Cash & Equivalents	7.8	20.19	13.2	15.35	0.8	1.06
Cash & Short-Term Investments	7.8	20.19	13.2	15.35	0.8	1.06
Cash Growth	-60.50%	53.02%	-14.03%	1826.50%	-24.69%	-19.14%
Accounts Receivable	27.32	30.29	21.07	27.87	16.09	15.02
Other Receivables	0.55	0.17	0.55	0.48	2.38	5.49
Receivables	27.87	30.46	21.62	28.35	18.46	20.51
Inventory	28.95	26.71	24.87	22.72	20.84	17.85
Restricted Cash	1.8	0.77	1.35	1.3	0.91	1.96
Other Current Assets	3.84	2.11	3.37	9.36	6.34	6.56
Total Current Assets	70.26	80.24	64.4	77.08	47.35	47.93
Property, Plant & Equipment	5.14	5.35	5.99	7.21	6.69	6.48
Long-Term Investments	12.65	12.52	12.84	14.17	13.45	12.78
Other Intangible Assets	4.31	4.31	1.07	1.23	1.2	1.17
Long-Term Deferred Tax Assets	0.37	0.39	0.34	0.55	0.44	0.41
Other Long-Term Assets	0.14	0.2	-	-	-	-
Total Assets	92.86	103.01	84.64	100.25	69.12	68.77
Accounts Payable	1.38	7.13	3.36	1.71	1.86	1.12
Accrued Expenses	1.61	1.95	1.77	2.05	1.59	1.89
Short-Term Debt	7.31	6.08	13.04	36.29	34.15	39.29
Current Portion of Long-Term Debt	0	0.04	-	-	-	-
Current Income Taxes Payable	2.99	4.01	3.13	4.05	4.23	4.05
Current Unearned Revenue	1.56	3.41	4.4	4.67	1.52	1.22
Total Current Liabilities	14.84	22.61	25.7	48.77	43.33	47.57
Long-Term Debt	1.77	5.4	9.3	-	-	-
Other Long-Term Liabilities	0.3	0.32	-	-	-	-
Total Liabilities	16.91	28.33	35	48.77	43.33	47.57
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	67.28	67.28	44.21	44.21	22.53	22.53
Retained Earnings	8.36	7.55	4.3	2.37	-0.16	-3.48
Comprehensive Income & Other	0.01	-0.43	0.87	4.63	3.19	1.98
Total Common Equity	75.66	74.41	49.38	51.21	25.56	21.03
Minority Interest	0.29	0.27	0.25	0.26	0.22	0.18
Shareholders' Equity	75.95	74.68	49.63	51.48	25.79	21.21
Total Liabilities & Equity	92.86	103.01	84.64	100.25	69.12	68.77
Total Debt	9.08	11.52	22.34	36.29	34.15	39.29
Net Cash (Debt)	-1.27	8.67	-9.15	-20.94	-33.35	-38.23
Net Cash Per Share	-0.09	0.61	-0.69	-1.73	-3.33	-3.82
Filing Date Shares Outstanding	14.26	14.26	13.24	13.13	10	10
Total Common Shares Outstanding	14.26	14.26	13.24	13.13	10	10
Working Capital	55.41	57.63	38.7	28.31	4.01	0.37
Book Value Per Share	5.31	5.22	3.73	3.90	2.56	2.10
Tangible Book Value	71.35	70.1	48.31	49.98	24.36	19.86
Tangible Book Value Per Share	5.00	4.92	3.65	3.81	2.44	1.99
Buildings	2.94	2.91	2.99	5.2	4.93	4.79
Machinery	11.46	11.26	11.42	10.5	9.1	9.68
Construction In Progress	-	-	-	-	0.24	0.12

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