Man Wah Holdings Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	3,947	4,006	3,274	3,738	2,832	2,404
Short-Term Investments	24.22	21.26	30.23	99.77	80.47	951.72
Trading Asset Securities	5.02	73.56	246.43	343.61	386.92	372.75
Cash & Short-Term Investments	3,976	4,101	3,550	4,182	3,299	3,728
Cash Growth	-9.99%	15.51%	-15.09%	26.76%	-11.52%	63.56%
Accounts Receivable	1,766	1,811	1,747	1,598	2,245	1,681
Other Receivables	397.85	349.1	431.5	339.46	344.99	358.09
Receivables	2,199	2,302	2,433	2,166	2,590	2,039
Inventory	1,532	1,450	1,553	1,450	2,699	2,004
Restricted Cash	0.3	0.18	3.79	7.39	4.05	12.24
Other Current Assets	1,243	479.07	563.89	609.9	748.97	709.23
Total Current Assets	8,951	8,333	8,105	8,415	9,341	8,492
Property, Plant & Equipment	10,186	9,684	9,776	9,401	8,983	7,098
Long-Term Investments	23.47	24.28	24.42	74.74	69.75	57.71
Goodwill	668.35	658.86	767.39	816.17	1,003	560.52
Other Intangible Assets	103.38	117.65	171.52	215.91	276.53	166.52
Long-Term Deferred Tax Assets	9.33	8.65	8.13	29.17	41.03	42.68
Other Long-Term Assets	1,051	1,198	955.33	689.21	806.78	1,021
Total Assets	20,993	20,024	19,808	19,640	20,521	17,439
Accounts Payable	732.98	653.24	710.21	950.94	1,156	971.14
Accrued Expenses	524.36	513.87	537.58	547	711.01	567.02
Current Portion of Long-Term Debt	3,992	4,213	4,113	4,176	4,335	3,589
Current Portion of Leases	40.22	51.82	52.52	79.24	106.49	26.42
Current Income Taxes Payable	293.2	247.2	185.93	241.21	266.72	185.86
Current Unearned Revenue	322.65	246.47	274.81	363.87	354.91	363.15
Other Current Liabilities	206.54	187.95	553.38	427.69	513.61	179.86
Total Current Liabilities	6,112	6,114	6,428	6,786	7,444	5,882
Long-Term Debt	0.55	1.07	1.02	0.35	0.57	1.2
Long-Term Leases	83.12	121.07	158.67	143.75	165.86	20.31
Long-Term Deferred Tax Liabilities	135.24	136.81	143.27	151.84	161.42	128.85
Other Long-Term Liabilities	1.28	1.45	1.27	30.75	1.55	1.28
Total Liabilities	6,332	6,374	6,732	7,113	7,773	6,034
Common Stock	1,551	1,551	1,551	1,568	1,571	1,584
Additional Paid-In Capital	1,787	1,787	1,785	1,989	2,018	2,375
Retained Earnings	11,756	11,075	10,176	8,850	8,191	7,091
Comprehensive Income & Other	-1,447	-1,703	-1,429	-851.23	-70.82	-307.98
Total Common Equity	13,647	12,711	12,083	11,557	11,710	10,741
Minority Interest	1,014	938.51	992.28	970.99	1,038	663.73
Shareholders' Equity	14,661	13,649	13,076	12,528	12,748	11,405
Total Liabilities & Equity	20,993	20,024	19,808	19,640	20,521	17,439
Total Debt	4,116	4,387	4,325	4,399	4,608	3,637
Net Cash (Debt)	-139.78	-286.3	-774.92	-217.81	-1,309	91.86
Net Cash Per Share	-0.04	-0.07	-0.20	-0.06	-0.33	0.02
Filing Date Shares Outstanding	3,878	3,878	3,878	3,921	3,928	3,959
Total Common Shares Outstanding	3,878	3,878	3,878	3,921	3,928	3,959
Working Capital	2,839	2,219	1,677	1,629	1,897	2,610
Book Value Per Share	3.52	3.28	3.12	2.95	2.98	2.71
Tangible Book Value	12,875	11,934	11,144	10,525	10,430	10,014
Tangible Book Value Per Share	3.32	3.08	2.87	2.68	2.66	2.53
Land	-	261.78	179.89	123.79	28.55	29.93
Buildings	-	4,188	4,037	4,024	3,546	2,828
Machinery	-	3,349	3,210	3,205	3,053	2,422
Construction In Progress	-	1,809	2,107	1,456	1,175	830.99
Leasehold Improvements	-	359.95	353.52	370.89	435.09	332.3

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