Balance Sheet Rex International Holding Limited

Equities

5WH

SG2G04994999

Oil & Gas Exploration and Production

Market Closed - Singapore S.E. Other stock markets 04:04:27 2024-12-13 am EST			5-day change	1st Jan Change
0.1230 ^SGD	-0.81%		+0.82%	-32.79%

Dec. 11	Rex International Reports November Production of 10,160 boepd	MT
Dec. 01	Rex International Updates on Lime Petroleum's Norwegian Assets	MT

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Published financial data: REX INTERNATIONAL HOLDING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	135K	46.66M	158M	170M	207M
Total Revenues	135K	46.66M	158M	170M	207M
Cost of Goods Sold, Total	583K	24.48M	26.29M	74.74M	73.63M
Gross Profit	-448K	22.18M	132M	95.52M	133M
Selling General & Admin Expenses, Total	17.15M	15.29M	29.11M	28.35M	28.64M
Exploration / Drilling Costs, Total	664K	1.25M	11.91M	3.22M	9.17M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	-	21.48M	36.24M	28.25M	75.12M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Impairment of Oil, Gas & Mineral Properties - (IS)	1.02M	259K	2.7M	24.28M	31.33M
Other Operating Expenses	-3.74M	3.53M	-1.74M	-326K	-1.43M
Other Operating Expenses, Total	15.09M	41.81M	78.23M	83.78M	143M
Operating Income	-15.54M	-19.63M	53.95M	11.73M	-9.43M
Interest Expense, Total	-36K	-30K	-24K	-15.24M	-22.88M
Interest And Investment Income	848K	777K	728K	744K	3.04M
Net Interest Expenses	812K	747K	704K	-14.5M	-19.84M
Income (Loss) On Equity Invest.	-	-	-	503K	-577K
Currency Exchange Gains (Loss)	-1.1M	889K	-707K	-1.45M	-4.22M
Other Non Operating Income (Expenses)	-1.03M	-882K	-3.49M	-	-
EBT, Excl. Unusual Items	-16.86M	-18.87M	50.46M	-3.71M	-34.07M
Merger & Related Restructuring Charges	-	-	-	-219K	-
Impairment of Goodwill	-	-	-	-	-21.86M
Gain (Loss) On Sale Of Investments	1.8M	-1.24M	725K	-2.17M	-766K
Gain (Loss) On Sale Of Assets	30.55M	-	-	-505K	-
Other Unusual Items	-	-	18.24M	-	-
EBT, Incl. Unusual Items	15.5M	-20.11M	69.42M	-6.61M	-56.7M
Income Tax Expense	-6.73M	-4.9M	-9.52M	-6.96M	12.67M
Earnings From Continuing Operations	22.23M	-15.21M	78.94M	353K	-69.36M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	22.23M	-15.21M	78.94M	353K	-69.36M
Minority Interest	-2.83M	994K	-11.78M	-1.35M	5.45M
Net Income - (IS)	19.4M	-14.22M	67.16M	-1M	-63.91M
Net Income to Common Incl Extra Items	19.4M	-14.22M	67.16M	-1M	-63.91M
Net Income to Common Excl. Extra Items	19.4M	-14.22M	67.16M	-1M	-63.91M
Per Share Items
Net EPS - Basic	0.02	-0.01	0.05	-0	-0.05
Basic EPS - Continuing Operations	0.02	-0.01	0.05	-0	-0.05
Basic Weighted Average Shares Outstanding	1.29B	1.3B	1.3B	1.3B	1.3B
Net EPS - Diluted	0.01	-0.01	0.05	-0	-0.05
Diluted EPS - Continuing Operations	0.01	-0.01	0.05	-0	-0.05
Diluted Weighted Average Shares Outstanding	1.29B	1.3B	1.3B	1.3B	1.3B
Normalized Basic EPS	-0.01	-0.01	0.02	-0	-0.01
Normalized Diluted EPS	-0.01	-0.01	0.02	-0	-0.01
Dividend Per Share	-	-	0	0	-
Payout Ratio	-	-	-	-454.1	-7.58
Supplemental Items
EBITDA	-13.64M	3.22M	94.08M	65.51M	99.67M
EBITA	-14.69M	-18.78M	54.8M	12.58M	-8.57M
EBIT	-15.54M	-19.63M	53.95M	11.73M	-9.43M
EBITDAR	-13.61M	3.24M	94.11M	65.54M	99.7M
Effective Tax Rate - (Ratio)	-43.42	24.37	-13.71	105.34	-22.34
Current Foreign Taxes	-10.9M	-16.4M	-	-	-
Total Current Taxes	-10.9M	-16.4M	-19.33M	-39.47M	-6.74M
Deferred Foreign Taxes	4.17M	11.5M	-	-	-
Total Deferred Taxes	4.17M	11.5M	9.82M	32.51M	19.4M
Normalized Net Income	-13.36M	-10.8M	19.76M	-3.67M	-15.84M
Interest on Long-Term Debt	36K	30K	24K	46K	88K
Supplemental Operating Expense Items
General and Administrative Expenses	17.15M	15.29M	29.11M	28.35M	28.64M
Research And Development Expense From Footnotes	470K	470K	470K	-	-
Exploration/Drilling Costs	664K	1.25M	11.91M	3.22M	9.17M
Net Rental Expense, Total	31K	23K	27K	27K	25K
Imputed Operating Lease Interest Expense	410	306	138	44.14K	45.94K
Imputed Operating Lease Depreciation	30.59K	22.69K	26.86K	-17.14K	-20.94K
Stock-Based Comp., Other (Total)	1.39M	162K	219K	357K	-
Total Stock-Based Compensation	1.39M	162K	219K	357K	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	21.93M	20.38M	60.6M	116M	95.44M
Short Term Investments	111K	280K	213K	218K	250K
Trading Asset Securities, Total	40M	25.92M	26.31M	23.04M	18.6M
Total Cash And Short Term Investments	62.04M	46.58M	87.12M	139M	114M
Accounts Receivable, Total	149K	14.83M	44.21M	3.43M	30.61M
Other Receivables	22.75M	21.35M	48.07M	81.96M	28.22M
Total Receivables	22.9M	36.18M	92.28M	85.39M	58.83M
Inventory	-	-	11.28M	13.73M	33.27M
Prepaid Expenses	289K	739K	2.5M	2.46M	3.33M
Total Current Assets	85.23M	83.5M	193M	241M	210M
Gross Property Plant And Equipment	92.33M	110M	182M	258M	240M
Accumulated Depreciation	-973K	-1.63M	-2.34M	-2.14M	-3.05M
Net Property Plant And Equipment	91.36M	109M	179M	255M	237M
Long-term Investments	-	-	1M	3.5M	1.57M
Goodwill	-	-	-	31.91M	11.42M
Other Intangibles, Total	4.22M	3.36M	2.52M	1.66M	2.73M
Deferred Charges Long-Term	-	-	-	-	5.6M
Other Long-Term Assets, Total	-	-	167M	136M	145M
Total Assets	181M	196M	543M	669M	613M
Liabilities
Accounts Payable, Total	1.74M	7.22M	16.91M	26.58M	3.5M
Accrued Expenses, Total	5.48M	14.84M	32.82M	41.36M	48.55M
Short-term Borrowings	15.79M	18.01M	-	-	4M
Current Portion of Long-Term Debt	-	-	8.51M	13.96M	36.85M
Current Portion of Leases	391K	422K	425K	409K	477K
Unearned Revenue Current, Total	-	-	-	30.21M	39.41M
Other Current Liabilities	-	-	-	31.4M	420K
Total Current Liabilities	23.4M	40.48M	58.67M	144M	133M
Long-Term Debt	-	-	47.11M	77.99M	64.26M
Long-Term Leases	893K	573K	149K	636K	621K
Deferred Tax Liability Non Current	489K	13.17M	40.83M	66.88M	84.7M
Other Non Current Liabilities	1.63M	1.21M	197M	191M	216M
Total Liabilities	26.41M	55.44M	344M	480M	498M
Common Stock, Total	258M	258M	258M	258M	89.58M
Retained Earnings	-123M	-137M	-80.07M	-85.61M	13.73M
Treasury Stock	-716K	-716K	-716K	-716K	-716K
Comprehensive Income and Other	6.72M	7.64M	9.47M	5.19M	2.91M
Total Common Equity	141M	128M	186M	177M	106M
Minority Interest	13.68M	12.72M	12.89M	11.94M	9.26M
Total Equity	154M	140M	199M	188M	115M
Total Liabilities And Equity	181M	196M	543M	669M	613M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.3B	1.3B	1.3B	1.3B	1.3B
ECS Total Common Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.3B
Book Value / Share	0.11	0.1	0.14	0.14	0.08
Tangible Book Value	137M	124M	184M	143M	91.36M
Tangible Book Value Per Share	0.1	0.1	0.14	0.11	0.07
Total Debt	17.07M	19M	56.19M	92.99M	106M
Net Debt	-44.97M	-27.58M	-30.93M	-46.02M	-8.08M
Debt Equivalent Oper. Leases	248K	184K	216K	216K	200K
Minority Interest, Total (Incl. Fin. Div)	13.68M	12.72M	12.89M	11.94M	9.26M
Equity Method Investments, Total	-	-	1M	3.5M	1.57M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	-	-	-	-	15.87M
Inventories - Others	-	-	11.28M	13.73M	17.4M
Machinery, Total	660K	2M	2.23M	2.15M	2.44M
Full Time Employees	-	-	-	46	58
Part Time Employees	-	-	-	1	9

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	19.4M	-14.22M	67.16M	-1M	-63.91M
Depreciation & Amortization - CF	487K	22.11M	36.99M	29.1M	76.29M
Amortization of Goodwill and Intangible Assets - (CF)	850K	850K	850K	850K	865K
Impairment of Oil, Gas & Mineral Properties - (CF)	1.02M	259K	2.7M	24.28M	32.75M
Depreciation & Amortization, Total	2.36M	23.22M	40.54M	54.24M	110M
(Gain) Loss From Sale Of Asset	-30.55M	-	-	505K	7K
(Gain) Loss on Sale of Investments - (CF)	-1.8M	1.24M	-725K	2.17M	-929K
Asset Writedown & Restructuring Costs	-	-	-	-	21.86M
(Income) Loss On Equity Investments - (CF)	-	-	-	-503K	577K
Stock-Based Compensation (CF)	1.39M	162K	219K	357K	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	21.4M	13.06M	15.39M	47.48M	82.22M
Change In Accounts Receivable	7.86M	-14.07M	-40M	25.29M	-25.6M
Change In Inventories	-	-	-106K	6.43M	-19.21M
Change In Accounts Payable	-15.29M	14.84M	17M	34.38M	-52.95M
Change in Other Net Operating Assets	-	-	-10.06M	-305K	28K
Cash from Operations	4.76M	24.24M	89.4M	169M	52.01M
Capital Expenditure	-22.65M	-39.36M	-32.95M	-81.77M	-67.67M
Sale of Property, Plant, and Equipment	-	1K	-	-	5K
Cash Acquisitions	-	-	-40.96M	-54.82M	-2.48M
Sale (Purchase) of Intangible assets	50.04M	-	-	-	-38K
Investment in Marketable and Equity Securities, Total	-9.39M	12.98M	-809K	-1.42M	4.41M
Other Investing Activities, Total	848K	777K	728K	744K	2.73M
Cash from Investing	18.84M	-25.59M	-74M	-137M	-63.04M
Short Term Debt Issued, Total	9.78M	14.37M	-	-	4M
Long-Term Debt Issued, Total	-	-	59.98M	89.36M	30.05M
Total Debt Issued	9.78M	14.37M	59.98M	89.36M	34.05M
Short Term Debt Repaid, Total	-19.89M	-13M	-	-	-
Long-Term Debt Repaid, Total	-456K	-364K	-21.14M	-51.04M	-18.14M
Total Debt Repaid	-20.35M	-13.37M	-21.14M	-51.04M	-18.14M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-716K	-	-	-	-
Common Dividends Paid	-	-	-	-4.54M	-4.84M
Common & Preferred Stock Dividends Paid	-	-	-	-4.54M	-4.84M
Other Financing Activities, Total	3.66M	-383K	-25.7M	-11.85M	-21.22M
Cash from Financing	-7.63M	622K	13.14M	21.92M	-10.16M
Foreign Exchange Rate Adjustments	648K	-821K	1.62M	2.12M	1.2M
Net Change in Cash	16.62M	-1.56M	30.16M	55.84M	-19.98M
Supplemental Items
Cash Interest Paid	916K	933K	3.02M	8.12M	20.24M
Cash Income Tax Paid (Refund)	-28.8M	-18.78M	-18.71M	-39.07M	-54.83M
Levered Free Cash Flow	34.52M	-27.15M	57K	54.91M	-9.5M
Unlevered Free Cash Flow	34.54M	-27.13M	72K	64.44M	4.8M
Change In Net Working Capital	-13.12M	-1.11M	41.45M	-84.28M	31.5M
Net Debt Issued / Repaid	-10.57M	1M	38.84M	38.32M	15.9M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-4.98	-6.52	9.13	1.21	-0.92
Return on Total Capital	-6	-7.42	16.26	2.73	-2.35
Return On Equity %	15.86	-10.33	46.51	0.18	-45.75
Return on Common Equity	14.94	-10.6	42.79	-0.55	-45.32
Margin Analysis
Gross Profit Margin %	-331.85	47.54	83.41	56.1	64.43
SG&A Margin	12.7K	32.77	18.37	16.65	13.84
EBITDA Margin %	-10.1K	6.89	59.37	38.48	48.15
EBITA Margin %	-10.88K	-40.24	34.58	7.39	-4.14
EBIT Margin %	-11.51K	-42.06	34.04	6.89	-4.56
Income From Continuing Operations Margin %	16.47K	-32.6	49.81	0.21	-33.51
Net Income Margin %	14.37K	-30.47	42.38	-0.59	-30.87
Net Avail. For Common Margin %	14.37K	-30.47	42.38	-0.59	-30.87
Normalized Net Income Margin	-9.9K	-23.15	12.47	-2.16	-7.65
Levered Free Cash Flow Margin	25.57K	-58.18	0.04	32.25	-4.59
Unlevered Free Cash Flow Margin	25.59K	-58.14	0.05	37.85	2.32
Asset Turnover
Asset Turnover	0	0.25	0.43	0.28	0.32
Fixed Assets Turnover	0	0.47	1.1	0.78	0.84
Receivables Turnover (Average Receivables)	-	6.23	5.37	7.15	12.16
Inventory Turnover (Average Inventory)	-	-	-	5.98	3.13
Short Term Liquidity
Current Ratio	3.64	2.06	3.29	1.67	1.57
Quick Ratio	3.63	2.04	3.06	1.56	1.3
Operating Cash Flow to Current Liabilities	0.2	0.6	1.52	1.17	0.39
Days Sales Outstanding (Average Receivables)	-	58.75	68	51.06	30.01
Days Outstanding Inventory (Average Inventory)	-	-	-	61.07	116.51
Average Days Payable Outstanding	-	66.93	-	102.8	58.93
Cash Conversion Cycle (Average Days)	-	-	-	9.33	87.59
Long Term Solvency
Total Debt/Equity	11.06	13.55	28.2	49.34	92.54
Total Debt / Total Capital	9.96	11.94	22	33.04	48.06
LT Debt/Equity	0.58	0.41	23.72	41.71	56.54
Long-Term Debt / Total Capital	0.52	0.36	18.5	27.93	29.36
Total Liabilities / Total Assets	14.61	28.33	63.32	71.81	81.28
EBIT / Interest Expense	-431.56	-654.27	2.25K	0.77	-0.41
EBITDA / Interest Expense	-366.11	119.77	3.94K	4.33