IPC Corporation Ltd (SGX:AZA)

IPC Corporation Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.2	1.25	0.79	1.63	3.76	8.1
Short-Term Investments	-	0.04	0.04	0.19	0.2	0.23
Cash & Short-Term Investments	1.2	1.28	0.83	1.82	3.96	8.33
Cash Growth	-56.70%	54.83%	-54.51%	-53.99%	-52.52%	9.25%
Accounts Receivable	0.38	0.2	0.11	0.04	0.08	0.39
Other Receivables	-	0.01	0.27	0.05	0.02	-
Receivables	0.38	0.21	0.37	0.09	0.1	0.39
Inventory	6.68	7.06	7.78	9.39	10.93	13.57
Prepaid Expenses	-	0.12	0.04	0.06	0.1	0.13
Other Current Assets	35.47	37.11	36.04	0.04	0.05	0.05
Total Current Assets	43.73	45.78	45.07	11.4	15.13	22.46
Property, Plant & Equipment	1.6	1.46	0.44	39.74	47.83	46.71
Long-Term Investments	11.77	11.84	4.6	0.81	1.89	5.69
Other Long-Term Assets	-	-	0	0.26	0.08	0.04
Total Assets	57.09	59.08	50.12	52.21	65.19	74.9
Accounts Payable	5.21	0.18	0.97	0.89	0.87	0.83
Accrued Expenses	-	4.1	2.8	1.57	0.94	1.04
Current Portion of Long-Term Debt	0.43	0.81	3.69	1.16	0.92	5.2
Current Portion of Leases	0	0	0	0	0.25	0.29
Current Income Taxes Payable	0	0.01	0.13	-	0.34	0.01
Other Current Liabilities	-	0.26	0.26	0.26	0.29	0.28
Total Current Liabilities	5.64	5.36	7.85	3.87	3.6	7.64
Long-Term Debt	5.75	5.17	-	3.82	3.87	3.66
Long-Term Leases	-	-	0	0	0.37	0.01
Total Liabilities	11.39	10.53	7.85	7.7	7.83	11.3
Common Stock	33.19	33.19	33.19	33.19	33.19	33.19
Retained Earnings	20.58	22.98	16.71	17.34	24.87	34.26
Comprehensive Income & Other	-8.07	-7.62	-7.63	-6.02	-0.71	-3.85
Total Common Equity	45.7	48.55	42.27	44.51	57.35	63.6
Shareholders' Equity	45.7	48.55	42.27	44.51	57.35	63.6
Total Liabilities & Equity	57.09	59.08	50.12	52.21	65.19	74.9
Total Debt	6.18	5.98	3.69	4.99	5.4	9.15
Net Cash (Debt)	-4.98	-4.7	-2.86	-3.17	-1.44	-0.82
Net Cash Per Share	-0.06	-0.06	-0.03	-0.04	-0.02	-0.01
Filing Date Shares Outstanding	85.29	85.29	85.29	85.29	85.29	85.29
Total Common Shares Outstanding	85.29	85.29	85.29	85.29	85.29	85.29
Working Capital	38.09	40.42	37.22	7.53	11.53	14.83
Book Value Per Share	0.54	0.57	0.50	0.52	0.67	0.75
Tangible Book Value	45.7	48.55	42.27	44.51	57.35	63.6
Tangible Book Value Per Share	0.54	0.57	0.50	0.52	0.67	0.75
Buildings	-	2.14	1.3	31.62	34.87	33.31
Machinery	-	1.49	2.1	3.33	4.1	4.27
Construction In Progress	-	0.18	-	-	-	-

Updated Feb 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.