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Audited Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 7,583 $ 7,698
Short-term deposits 6,627 5,420
Trade accounts receivable, less allowance for doubtful accounts of $217 and $243, as of June 30, 2023, and June 30, 2022, respectively 9,804 11,592
Other receivables 939 998
Inventories, less provision for obsolete inventories of $648 and $674, as of June 30, 2023, and June 30, 2022, respectively 2,151 2,258
Prepaid expenses and other current assets 694 1,215
Assets held for sale 274 0
Financed sales receivable 16 21
Restricted term deposits 739 0
Total current assets 28,827 29,202
NON-CURRENT ASSETS:    
Deferred tax assets 100 169
Investment properties, net 474 585
Property, plant and equipment, net 8,344 8,481
Operating lease right-of-use assets 2,609 3,152
Other assets 116 137
Financed sales receivable 0 17
Restricted term deposits 1,716 1,678
Total non-current assets 13,359 14,219
TOTAL ASSETS 42,186 43,421
Bank loans payable, net of current portion 877 1,272
Finance leases, net of current portion 42 119
Operating leases, net of current portion 1,511 1,934
Income taxes payable, net of current portion 255 137
Deferred tax liabilities 10 0
Other non-current liabilities 594 28
Total non-current liabilities 3,289 3,490
TOTAL LIABILITIES 12,615 15,419
CURRENT LIABILITIES:    
Lines of credit 0 929
Accounts payable 1,660 2,401
Accrued expenses 5,568 6,004
Income taxes payable 418 787
Current portion of bank loans payable 475 472
Current portion of finance leases 107 118
Current portion of operating leases 1,098 1,218
Total current liabilities 9,326 11,929
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,096,680 and 4,071,680 shares issued outstanding as of June 30, 2023 and June 30, 2022, respectively 12,819 12,750
Paid-in capital 5,066 4,708
Accumulated retained earnings 10,763 9,219
Accumulated other comprehensive income-translation adjustments 758 1,197
Total Trio-Tech International shareholders’ equity 29,406 27,874
Non-controlling interest 165 128
TOTAL EQUITY 29,571 28,002
TOTAL LIABILITIES AND EQUITY $ 42,186 $ 43,421