Balance Sheet RH PetroGas Limited

Equities

T13

SG1H00001443

Oil & Gas Exploration and Production

Market Closed - Singapore S.E. Other stock markets 02:34:28 13/09/2024 pm IST			5-day change	1st Jan Change
0.1450 ^SGD	0.00%		+2.84%	-21.62%

23/08	RH PetroGas to Commence Production from Piarawi-1 Well by End-2024	MT
22/08	RH Petrogas Limited Announces Update on the Piarawi-1 Well in the Salawati PSC, Indonesia	CI

17e1188dc8752890486.suifIPtYLQrFApy8YXG_oQjVBstkcBnH1HYdQEf5tWA.4tzXdp89QD62U6jOESPJ8T-0cvkqHGm9hEZ1IynUhBKG2NxRshUATIlAzQ

Published financial data: RH PETROGAS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	65.14M	50.5M	82.46M	105M	94.09M
Total Revenues	65.14M	50.5M	82.46M	105M	94.09M
Cost of Goods Sold, Total	55.85M	47.1M	44.82M	60.87M	68.06M
Gross Profit	9.29M	3.4M	37.64M	44.07M	26.03M
Selling General & Admin Expenses, Total	4.98M	3.28M	3.52M	4.11M	3.87M
Exploration / Drilling Costs, Total	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	6.51M	571K	-	-	-
Other Operating Expenses	1.01M	519K	1.72M	380K	1.6M
Other Operating Expenses, Total	12.5M	4.37M	5.24M	4.49M	5.47M
Operating Income	-3.2M	-970K	32.41M	39.58M	20.56M
Interest Expense, Total	-667K	-729K	-1.64M	-1.34M	-782K
Interest And Investment Income	152K	49K	34K	538K	1.9M
Net Interest Expenses	-515K	-680K	-1.61M	-805K	1.12M
Currency Exchange Gains (Loss)	-1.33M	-996K	368K	683K	-250K
Other Non Operating Income (Expenses)	652K	783K	4.58M	587K	1.52M
EBT, Excl. Unusual Items	-4.4M	-1.86M	35.75M	40.05M	22.94M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	5.6M	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	6.44M	-	-17.73M
EBT, Incl. Unusual Items	1.21M	-1.86M	42.19M	40.05M	5.21M
Income Tax Expense	2.49M	2.96M	14.88M	15.16M	2.06M
Earnings From Continuing Operations	-1.29M	-4.82M	27.31M	24.89M	3.15M
Net Income to Company	-1.29M	-4.82M	27.31M	24.89M	3.15M
Minority Interest	3.4M	1.1M	-3.7M	-4.76M	-557K
Net Income - (IS)	2.12M	-3.73M	23.61M	20.13M	2.6M
Net Income to Common Incl Extra Items	2.12M	-3.73M	23.61M	20.13M	2.6M
Net Income to Common Excl. Extra Items	2.12M	-3.73M	23.61M	20.13M	2.6M
Per Share Items
Net EPS - Basic	0	-0.01	0.03	0.02	0
Basic EPS - Continuing Operations	0	-0.01	0.03	0.02	0
Basic Weighted Average Shares Outstanding	734M	734M	738M	833M	835M
Net EPS - Diluted	0	-0.01	0.03	0.02	0
Diluted EPS - Continuing Operations	0	-0.01	0.03	0.02	0
Diluted Weighted Average Shares Outstanding	734M	734M	742M	834M	836M
Normalized Basic EPS	0	-0	0.03	0.02	0.02
Normalized Diluted EPS	0	-0	0.03	0.02	0.02
Supplemental Items
EBITDA	11.92M	7.36M	32.73M	40.6M	22.54M
EBITA	-2.55M	-249K	32.41M	39.58M	20.56M
EBIT	-3.2M	-970K	32.41M	39.58M	20.56M
EBITDAR	15.56M	10.34M	35.25M	43.84M	30.32M
Effective Tax Rate - (Ratio)	206.63	-158.99	35.26	37.86	39.48
Current Foreign Taxes	3.69M	4.43M	15.2M	15.85M	2.92M
Total Current Taxes	3.69M	4.43M	15.2M	15.85M	2.92M
Deferred Foreign Taxes	-1.2M	-1.47M	-330K	-689K	-867K
Total Deferred Taxes	-1.2M	-1.47M	-330K	-689K	-867K
Normalized Net Income	656K	-65.38K	18.64M	20.27M	13.78M
Interest on Long-Term Debt	667K	729K	1.64M	1.34M	782K
Non-Cash Pension Expense	1.82M	-	814K	1.31M	21K
Supplemental Operating Expense Items
General and Administrative Expenses	4.93M	3.25M	3.49M	4.1M	3.86M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	3.64M	2.97M	2.52M	3.24M	7.78M
Imputed Operating Lease Interest Expense	679K	449K	1.08M	2.21M	3.69M
Imputed Operating Lease Depreciation	2.97M	2.52M	1.44M	1.03M	4.09M
Stock-Based Comp., G&A Exp. (Total)	96K	73K	44K	186K	324K
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	96K	73K	44K	186K	324K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	9.51M	14.91M	33.82M	57.27M	51.44M
Total Cash And Short Term Investments	9.51M	14.91M	33.82M	57.27M	51.44M
Accounts Receivable, Total	13.31M	7.72M	8.58M	11.72M	13.89M
Other Receivables	985K	3.3M	927K	719K	786K
Total Receivables	14.3M	11.02M	9.51M	12.44M	14.68M
Inventory	745K	-	770K	1.27M	11.76M
Prepaid Expenses	76K	74K	43K	31K	39K
Other Current Assets, Total	1.07M	1.79M	2.89M	826K	1.32M
Total Current Assets	25.7M	27.8M	47.03M	71.84M	79.23M
Gross Property Plant And Equipment	153M	164M	12.96M	15.17M	21.17M
Accumulated Depreciation	-142M	-147M	-793K	-1.81M	-3.6M
Net Property Plant And Equipment	11.05M	16.77M	12.17M	13.36M	17.56M
Goodwill	-	-	-	-	-
Deferred Tax Assets Long-Term	-	694K	1.02M	1.37M	2.25M
Deferred Charges Long-Term	1.34M	1.32M	1.25M	1.18M	1.12M
Other Long-Term Assets, Total	3.96M	4.56M	4.49M	4.42M	4.35M
Total Assets	42.06M	51.14M	65.96M	92.18M	105M
Liabilities
Accounts Payable, Total	3.97M	5.4M	3.83M	3.52M	15.57M
Accrued Expenses, Total	14.1M	10.27M	14.52M	17.49M	23.98M
Current Portion of Long-Term Debt	482K	115K	-	-	-
Current Portion of Leases	4.04M	7.38M	6.96M	11.41M	6.69M
Current Income Taxes Payable	2.44M	4.5M	6.87M	3.29M	1.17M
Other Current Liabilities	15.32M	14.68M	4.02M	3.52M	1.53M
Total Current Liabilities	40.36M	42.34M	36.22M	39.23M	48.95M
Long-Term Debt	25.97M	26.7M	-	-	-
Long-Term Leases	228K	12.27M	7.84M	5.23M	3.06M
Deferred Tax Liability Non Current	774K	-	-	-	-
Other Non Current Liabilities	725K	595K	27K	727K	3.72M
Total Liabilities	68.06M	81.9M	44.09M	45.18M	55.73M
Common Stock, Total	258M	258M	270M	270M	270M
Retained Earnings	-276M	-279M	-256M	-236M	-233M
Comprehensive Income and Other	5.12M	4.84M	4.61M	4.76M	4.87M
Total Common Equity	-12.79M	-16.44M	18.77M	39.13M	41.9M
Minority Interest	-13.22M	-14.32M	3.1M	7.86M	6.88M
Total Equity	-26.01M	-30.76M	21.88M	46.99M	48.79M
Total Liabilities And Equity	42.06M	51.14M	65.96M	92.18M	105M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	734M	734M	833M	835M	835M
ECS Total Common Shares Outstanding	734M	734M	831M	833M	835M
Book Value / Share	-0.02	-0.02	0.02	0.05	0.05
Tangible Book Value	-12.79M	-16.44M	18.77M	39.13M	41.9M
Tangible Book Value Per Share	-0.02	-0.02	0.02	0.05	0.05
Total Debt	30.72M	46.46M	14.81M	16.64M	9.75M
Net Debt	21.21M	31.54M	-19.01M	-40.64M	-41.69M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	700K	1.01M
Debt Equivalent Oper. Leases	29.16M	23.79M	20.14M	25.92M	62.21M
Minority Interest, Total (Incl. Fin. Div)	-13.22M	-14.32M	3.1M	7.86M	6.88M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Others	745K	-	770K	1.27M	11.76M
Machinery, Total	619K	590K	981K	1M	881K
Accumulated Allowance for Doubtful Accounts (Supple)	4.18M	4.48M	4.99M	5.01M	5M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.12M	-3.73M	23.61M	20.13M	2.6M
Depreciation & Amortization - CF	12.28M	10.53M	5.22M	6.92M	9.93M
Amortization of Goodwill and Intangible Assets - (CF)	659K	721K	-	-	-
Impairment of Oil, Gas & Mineral Properties - (CF)	6.51M	571K	-	-	-
Depreciation & Amortization, Total	19.45M	11.82M	5.22M	6.92M	9.93M
Amortization of Deferred Charges, Total - (CF)	-	52K	137K	137K	137K
(Gain) Loss From Sale Of Asset	-5.6M	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	96K	73K	44K	186K	324K
Provision and Write-off of Bad Debts	-875K	302K	509K	21K	-8K
Other Operating Activities, Total	-3.22M	375K	-2.7M	3.52M	16.54M
Change In Accounts Receivable	-1.75M	2.26M	-64K	-875K	-2.73M
Change In Inventories	281K	745K	-770K	-500K	-10.49M
Change In Accounts Payable	4.75M	-2.88M	1.68M	2.1M	1.47M
Change in Other Net Operating Assets	-	-	-	-611K	-953K
Cash from Operations	15.25M	9.02M	27.66M	31.02M	16.82M
Capital Expenditure	-9.64M	-329K	-830K	-300K	-11.62M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Divestitures	160K	-	-	-	-
Other Investing Activities, Total	-2.82M	-1.02M	-671K	-40K	-133K
Cash from Investing	-12.3M	-1.35M	-1.5M	-340K	-11.76M
Long-Term Debt Issued, Total	3.1M	2.13M	24K	-	-
Total Debt Issued	3.1M	2.13M	24K	-	-
Long-Term Debt Repaid, Total	-7.7M	-3.77M	-7.4M	-7.27M	-9.43M
Total Debt Repaid	-7.7M	-3.77M	-7.4M	-7.27M	-9.43M
Issuance of Common Stock	-	-	296K	43K	35K
Other Financing Activities, Total	-1.25M	4.37M	-174K	-2K	-1.5M
Cash from Financing	-5.86M	2.73M	-7.26M	-7.23M	-10.9M
Foreign Exchange Rate Adjustments	-1K	-	-	-	-
Net Change in Cash	-2.91M	10.4M	18.9M	23.46M	-5.83M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	2.71M	2.38M	12.83M	19.09M	5.05M
Levered Free Cash Flow	6.52M	12.86M	17.88M	28.05M	12.33M
Unlevered Free Cash Flow	6.94M	13.32M	18.91M	28.89M	12.82M
Change In Net Working Capital	963K	-2.31M	5.92M	2.79M	-1.21M
Net Debt Issued / Repaid	-4.6M	-1.64M	-7.38M	-7.27M	-9.43M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-4.72	-1.3	34.6	31.29	13.06
Return on Total Capital	-48.4	-5.94	77.34	49.32	21.03
Return On Equity %	5.24	17	-615.04	72.27	6.58
Return on Common Equity	-16.28	25.5	2.02K	69.53	6.41
Margin Analysis
Gross Profit Margin %	14.26	6.74	45.65	41.99	27.66
SG&A Margin	7.64	6.5	4.26	3.91	4.11
EBITDA Margin %	18.3	14.58	39.69	38.69	23.96
EBITA Margin %	-3.91	-0.49	39.3	37.72	21.85
EBIT Margin %	-4.92	-1.92	39.3	37.72	21.85
Income From Continuing Operations Margin %	-1.97	-9.55	33.12	23.72	3.35
Net Income Margin %	3.25	-7.38	28.63	19.18	2.76
Net Avail. For Common Margin %	3.25	-7.38	28.63	19.18	2.76
Normalized Net Income Margin	1.01	-0.13	22.6	19.32	14.64
Levered Free Cash Flow Margin	10.01	25.47	21.68	26.73	13.1
Unlevered Free Cash Flow Margin	10.65	26.38	22.93	27.53	13.62
Asset Turnover
Asset Turnover	1.54	1.08	1.41	1.33	0.96
Fixed Assets Turnover	5.68	3.63	5.7	8.22	6.08
Receivables Turnover (Average Receivables)	5.82	4.8	10.12	10.2	7.35
Inventory Turnover (Average Inventory)	63.07	-	-	59.68	10.45
Short Term Liquidity
Current Ratio	0.64	0.66	1.3	1.83	1.62
Quick Ratio	0.59	0.61	1.2	1.78	1.35
Operating Cash Flow to Current Liabilities	0.38	0.21	0.76	0.79	0.34
Days Sales Outstanding (Average Receivables)	62.73	76.21	36.08	35.8	49.68
Days Outstanding Inventory (Average Inventory)	5.79	-	-	6.12	34.93
Average Days Payable Outstanding	30.23	-	-	21.87	44.36
Cash Conversion Cycle (Average Days)	38.29	-	-	20.04	40.25
Long Term Solvency
Total Debt/Equity	-118.14	-151.04	67.68	35.4	19.99
Total Debt / Total Capital	651.32	295.91	40.36	26.15	16.66
LT Debt/Equity	-100.74	-126.69	35.85	11.12	6.27
Long-Term Debt / Total Capital	555.4	248.2	21.38	8.21	5.23
Total Liabilities / Total Assets	161.84	160.14	66.84	49.02	53.32
EBIT / Interest Expense	-4.81	-1.33	19.74	29.47	26.29
EBITDA / Interest Expense	24.36	14.88	22.92	34.62	38.98
(EBITDA - Capex) / Interest Expense	9.9	14.43	22.41	34.4	24.11
Total Debt / EBITDA	1.89	4.28	0.39	0.36	0.32
Net Debt / EBITDA	1.31	2.91	-0.51	-0.87	-1.37
Total Debt / (EBITDA - Capex)	4.65	4.42	0.4	0.36	0.52
Net Debt / (EBITDA - Capex)	3.21	3	-0.52	-0.88	-2.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %