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Audited Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
CURRENT ASSETS:    
Cash and cash equivalents $ 10,035 $ 7,583
Short-term deposits 6,497 6,627
Trade accounts receivable, less allowance for expected credit losses of $209 and $217, respectively 10,661 9,804
Other receivables 541 939
Inventories, less provision for obsolete inventories of $679 and $648, respectively 3,162 2,151
Prepaid expenses and other current assets 536 694
Assets held for sale 0 274
Financed sales receivable 0 16
Restricted term deposits 750 739
Total current assets 32,182 28,827
NON-CURRENT ASSETS:    
Deferred tax assets 124 100
Investment properties, net 407 474
Property, plant and equipment, net 5,937 8,344
Operating lease right-of-use assets 1,887 2,609
Other assets 232 116
Restricted term deposits 1,771 1,716
Total non-current assets 10,358 13,359
TOTAL ASSETS 42,540 42,186
CURRENT LIABILITIES:    
Accounts payable 3,175 1,660
Accrued expense 3,634 4,293
Contract liabilities 754 1,275
Income taxes payable 379 418
Current portion of bank loans payable 261 475
Current portion of finance leases 57 107
Current portion of operating leases 1,162 1,098
Total current liabilities 9,422 9,326
NON-CURRENT LIABILITIES:    
Bank loans payable, net of current portion 613 877
Finance leases, net of current portion 34 42
Operating leases, net of current portion 725 1,511
Income taxes payable, net of current portion 141 255
Deferred tax liabilities 0 10
Other non-current liabilities 27 594
Total non-current liabilities 1,540 3,289
TOTAL LIABILITIES 10,962 12,615
TRIO-TECH INTERNATIONAL’S SHAREHOLDERS’ EQUITY:    
Common stock, no par value, 15,000,000 shares authorized; 4,250,305 and 4,096,680 shares issued outstanding as of June 30, 2024 and 2023, respectively 13,325 12,819
Paid-in capital 5,531 5,066
Accumulated retained earnings 11,813 10,763
Accumulated other comprehensive income-translation adjustments 660 758
Total Trio-Tech International shareholders’ equity 31,329 29,406
Non-controlling interest 249 165
TOTAL EQUITY 31,578 29,571
TOTAL LIABILITIES AND EQUITY $ 42,540 $ 42,186