Modern Dental Group Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	558.03	816.83	697.69	444.38	633.16	697.83
Short-Term Investments	37.23	33.66	39.28	30.73	35	48.89
Cash & Short-Term Investments	595.26	850.49	736.97	475.11	668.16	746.71
Cash Growth	-18.09%	15.40%	55.12%	-28.89%	-10.52%	72.01%
Accounts Receivable	772.84	613.84	590.49	565.95	529.24	473.35
Other Receivables	51.88	79.92	33.52	12.72	11.06	15.17
Receivables	824.71	693.76	624.01	578.66	540.3	488.52
Inventory	191.52	169.15	166.18	157.24	142.49	128.02
Prepaid Expenses	62.36	34.99	43.96	51.39	39.61	22.66
Other Current Assets	0.21	0.19	0.2	3.34	4.85	4.83
Total Current Assets	1,674	1,749	1,571	1,266	1,395	1,391
Property, Plant & Equipment	1,017	955.32	905.25	810.21	747.09	681.78
Long-Term Investments	8.28	10.29	23.16	29.73	3.23	0.76
Goodwill	1,242	1,099	1,160	1,132	1,186	1,240
Other Intangible Assets	390.54	200.43	214.58	228.2	255.18	287.67
Long-Term Deferred Tax Assets	40.07	40.46	44.2	47.08	49.63	49.29
Other Long-Term Assets	29.68	20.91	34.69	25.67	21.17	14.76
Total Assets	4,401	4,075	3,953	3,539	3,657	3,665
Accounts Payable	71.94	65.52	80.09	75.6	80.08	67.67
Accrued Expenses	194.39	197.55	197.79	142.23	171.92	164.55
Short-Term Debt	-	-	-	0.13	-	35.64
Current Portion of Long-Term Debt	65.44	115.91	63.7	84.77	173.4	152.04
Current Portion of Leases	47.93	50.92	46.46	46.24	47.21	41.4
Current Income Taxes Payable	75.93	70.19	92.37	103.74	134.54	73.88
Current Unearned Revenue	31.51	17.6	18.12	10.92	10.62	11.68
Other Current Liabilities	50.43	60.58	56.45	65.75	50.52	54.39
Total Current Liabilities	537.56	578.26	554.97	529.38	668.29	601.25
Long-Term Debt	511.42	621.24	612.49	545.27	499.66	673.06
Long-Term Leases	143.81	136.15	129.55	111.77	112.81	123.01
Long-Term Unearned Revenue	0.06	-	-	-	-	-
Long-Term Deferred Tax Liabilities	20.63	13.54	12.68	14.13	11.93	11.25
Other Long-Term Liabilities	111.81	0.09	0.05	4.97	6.03	-
Total Liabilities	1,325	1,349	1,310	1,206	1,299	1,409
Common Stock	72.77	73.17	73.5	74.01	74.16	74.59
Additional Paid-In Capital	172.84	279.87	382.29	443.55	489.09	566.61
Retained Earnings	2,529	2,244	1,912	1,565	1,381	1,140
Treasury Stock	-9.26	-7.88	-0.42	-0.04	-0.04	-3.11
Comprehensive Income & Other	224.23	126.49	264.86	236.94	404.68	469.88
Total Common Equity	2,990	2,716	2,632	2,320	2,348	2,248
Minority Interest	86.39	9.71	10.82	13.58	10.21	8.86
Shareholders' Equity	3,076	2,726	2,643	2,334	2,359	2,257
Total Liabilities & Equity	4,401	4,075	3,953	3,539	3,657	3,665
Total Debt	768.6	924.22	852.2	788.19	833.09	1,025
Net Cash (Debt)	-173.33	-73.73	-115.23	-313.08	-164.93	-278.43
Net Cash Per Share	-0.18	-0.08	-0.12	-0.33	-0.17	-0.29
Filing Date Shares Outstanding	936.75	942.18	948.3	954.99	956.94	960.23
Total Common Shares Outstanding	936.75	942.18	948.3	954.99	956.94	960.23
Working Capital	1,136	1,170	1,016	736.36	727.11	789.48
Book Value Per Share	3.19	2.88	2.78	2.43	2.45	2.34
Tangible Book Value	1,357	1,417	1,258	959.33	907.59	719.9
Tangible Book Value Per Share	1.45	1.50	1.33	1.00	0.95	0.75
Land	-	544.55	498.2	286.48	307.87	301.57
Machinery	-	521.74	491.06	449.63	400.84	342.1
Construction In Progress	-	0.74	31.19	148.31	54.92	5.83
Leasehold Improvements	-	205.76	192.66	189.62	187.91	179.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.