In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

Power Assets Holdings Limited Balance Sheet Statement - Assets

As of 31 Dec 2021, The total current assets of Power Assets Holdings Limited (HKEX:0006) was around $4,963,000,000 which consisted of $4,241,000,000 of Cash, no Inventory and $128,000,000 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.

All amounts in HKD

Cash
$4.24B
Current assets
$4.96B
Total assets
$94.3B

The latest balance sheet of Power Assets Holdings Limited also showed $20,000,000 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $1,086,000,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $94,304,000,000.

Power Assets Holdings Limited Balance Sheet Statement - Liabilities

0006's latest annual results shows the balance sheet has $3,384,000,000 of Accounts Payable. Also there were no Short/Long term debt, $3,433,000,000 of Long term debt, $168,000,000 of Other Current liabilities and $3,554,000,000 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.

Account payable
$3.38B
Current liabilities
$3.55B
Total liabilities
$7.54B

As per the 31 Dec 2021's annual report of Power Assets Holdings Limited, the total liabilities were $7,537,000,000.

0006 Balance Sheet Statement - Stock Holder Equity

Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.

The latest Balance sheet of Power Assets Holdings Limited showed the total stock holder equity was $86,767,000,000 which consisted of $6,610,000,000 of Common stocks, $87,143,000,000 of Retained earnings and $-6,986,000,000 of Other stock holder equity.

0006 Balance Sheet Statement History

Following table shows the history of balance sheet for Power Assets Holdings Limited (0006).

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 4.24B 3.39B 3.24B 5.23B
Net Receivables 128M 406M 137M 73M
Inventory - - - -
Total Current Assets 4.96B 6.06B 5.01B 5.47B
Property Plant Equipment 20M 17M 19M 14M
Good Will - - - -
Intangible Assets - - - -
Other Assets 1.09B 821M 1.29B 1.43B
Deferred Long Term Asset Charges 45M 111M 77M 46M
Total Assets 94.3B 93.55B 93.57B 91.44B
Accounts Payable 3.38B 3.4B 4.17B 4.06B
Short/Long Term Debt - 3.64B - -
Other Current Liabilities 168M 367M 156M 9M
Long Term Debt 3.43B - 3.32B 3.52B
Other Liabilities 547M 1.38B 434M 291M
Total Current Liabilities 3.55B 7.41B 4.32B 4.07B
Total Liabilities 7.54B 8.79B 8.08B 7.88B
Common Stock 6.61B 6.61B 6.61B 6.61B
Retained Earnings 87.14B 85.77B 87.11B 85.36B
Treasury Stock -6.99B -7.61B -8.23B -8.41B
Other Stockholder Equity -6.99B -7.61B -8.23B -8.41B
Total Stockholder Equity 86.77B 84.77B 85.49B 83.56B
Net Tangible Assets 86.77B 84.77B 85.49B 83.56B

Power Assets Holdings Limited (HKEX:0006) Balance Sheet Statement FAQ

1. How much Cash Power Assets Holdings Limited has on their balance sheet?

As of 31 Dec 2021, Power Assets Holdings Limited (HKEX:0006) has $4,241,000,000 of Cash.

2. What's the long term debt of Power Assets Holdings Limited?

As per the latest Balance sheet of Power Assets Holdings Limited (HKEX:0006), it has $3,433,000,000 of Long term debt.

3. How much share holder equity does Power Assets Holdings Limited has?

The Power Assets Holdings Limited (HKEX:0006)'s balance sheet shows that it has $86,767,000,000 of Total stock holder equity.