8VI Holdings Limited (ASX:8VI) Annual Report 2020



The latest annual report of 8VI Holdings Limited (8VI) was published on 31 Mar 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 8VI Annual Results

Amounts in SGD

Total Revenue
10.86M
Gross Profit
7.9M
EBIT
850.14k
Net Tangible Assets
4.46M
Net Income
1.07M
Capital Expenditures
-168.81k

8VI Income Statement 2020 Annual Report

As per the latest Income Statement of 8VI, the Net revenue decreased by S$-11.43M (-51%) compared to the previous period. The operating income in 2020 increased by S$3.69M (130%). The net income as per the annual report was 1.07M which increased by S$5.94M (122%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue10.86M22.29M
Gross Profit7.9M12.29M
Operating Income850.14k-2.84M
Income Before Tax868.75k-4.33M
Net Income1.07M-4.87M

Balance Sheet - 8VI 2020 Annual Report

Read further: 8VI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 8VI Holdings Limited showed the company increased the cash on balance sheet by S$2.73M (58%). The Net tangible assets of 8VI on the balance sheet were at 4.46M which is S$693328 (18%) more than previous annual report. The total stockholder equity also increased by S$1.13M (30%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash7.43M4.7M
Total Assets11.98M 7.26M
Long Term Debt--
Total Liabilities6.83M 3.18M
Total Shareholder Equity4.9M3.77M
Net Tangible Assets4.46M3.77M

Cash Flow Statement - 8VI 2020 Annual Report

The 2020 annual cash flow statement of 8VI Holdings Limited showed that the net income increased by S$5.94M (122%) compared to previous reporting period. Also the capital expenditure of 8VI increased by S$90761 (35%).

As of 2020, the total cash from investing activities was 274.31k and total cash from financing activities was -1.47M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income1.07M-4.87M
Capital Expenditures-168.81k-259.58k
Dividends Paid--
Total Cash From From Investing Activities274.31k-2.45M
Total Cash From From Financing Activities-1.47M-20.89k

8VI Holdings Limited Annual Report History

Income Statement

Income Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Total Revenue10.86M22.29M17.37M10.97M
Cost Of Revenue2.96M10M6.92M4.42M
Gross Profit7.9M12.29M10.44M6.56M
Research Development----
Selling General Administrative7.05M15.13M10.18M3.69M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses10.01M25.13M17.1M8.1M
Operating Income850.14k-2.84M260.63k2.87M
Total Other Income Expense Net18.61k-1.49M498.57k-66.18k
Ebit850.14k-2.84M260.63k2.87M
Interest Expense-81.57k-2.4k-3.52k-4.47k
Income Before Tax868.75k-4.33M759.2k2.8M
Income Tax Expense89.33k386.52k-16.15k-224.09k
Minority Interest243.25k303.14k569.9k79.39k
Net Income From Continuing Ops779.42k-4.72M775.35k3.03M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.07M-4.87M696.44k2.8M
Net Income Applicable To Common Shares1.07M-4.87M696.44k2.8M

Balance Sheet Statement

Balance Sheet Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Cash7.43M4.7M8.57M4.63M
Short Term Investments736.88k525.96k1.83M369.18k
Net Receivables794.92k637.49k2.61M714.43k
Other Current Assets190k190k190k190k
Total Current Assets9.69M6.4M14.66M6.61M
Long Term Investments7.44k156.04k107.22k2.51k
Property Plant Equipment1.57M521.57k1.13M584.27k
Good Will9.3k-2.15M1.55M
Intangible Assets430.44k-47.29k1.55M
Other Assets264.33k178.87k217k200.4k
Deferred Long Term Asset Charges264.33k178.87k217k200.4k
Total Assets11.98M7.26M18.31M8.95M
Accounts Payable199.25k247.42k633.83k181.1k
Other Current Liab4.25M2.2M4.26M3.84M
Other Liab4k4k158.59k4k
Minority Interest243.25k303.14k569.9k79.39k
Total Current Liabilities6.76M3.16M6.87M4.62M
Total Liab6.83M3.18M7.07M4.68M
Common Stock12.9M12.9M14.87M4.74M
Retained Earnings-3.44M-4.51M356.69k4.06M
Treasury Stock-4.55M-4.61M-4.56M-4.61M
Other Stockholder Equity-4.55M-4.61M-4.56M-4.61M
Total Stockholder Equity4.9M3.77M10.67M4.19M
Net Tangible Assets4.46M3.77M8.47M2.64M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Net Income1.07M-4.87M696.44k2.8M
Depreciation1.69M567.36k442.98k243.24k
Change To Netincome-70.98k3.28M173.64k-306.29k
Change To Account Receivables-451.54k-279.45k-1.21M-2.72M
Change To Liabilities1.54M14.11k-432.33k-136.81k
Change To Operating Activities45.94k337.83k-224.98k-224.98k
Total Cash From Operating Activities3.93M-1.4M-376.53k-48.73k
Capital Expenditures-168.81k-259.58k-575.59k-329k
Investments-206.17k881.28k-1.31M-160.47k
Total Cashflows From Investing Activities274.31k-2.45M8.73M-74.74k
Net Borrowings-1.47M-20.89k-15.75k-26.8k
Total Cash From Financing Activities-1.47M-20.89k-4.42M-1.97M
Effect Of Exchange Rate1.69k1.91k1.91k1.91k
Change In Cash2.73M-3.87M3.94M-2.1M
Dividends Paid---4.4M-1.7M