Guangdong Land Holdings 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	2,829	1,325	4,084	2,661	2,588	2,647
Short-Term Investments	-	-	-	-	7.1	-
Cash & Short-Term Investments	2,829	1,325	4,084	2,661	2,595	2,647
Cash Growth	-33.54%	-67.56%	53.48%	2.52%	-1.96%	164.35%
Accounts Receivable	6.03	2.69	8.54	6.56	5.49	54.65
Other Receivables	708.39	858.42	613.14	301.56	78.21	-
Receivables	714.42	861.12	621.68	308.12	83.7	54.65
Inventory	22,427	25,996	32,114	34,974	33,840	8,396
Prepaid Expenses	298.03	605.98	1,003	673.08	624.89	195.77
Restricted Cash	345.22	2,087	451.66	548.46	444.03	96.68
Other Current Assets	287.17	313.6	357.8	197.3	216.65	3,003
Total Current Assets	26,901	31,188	38,632	39,362	37,805	14,393
Property, Plant & Equipment	8,958	8,951	9,216	8,561	7,622	6,054
Long-Term Investments	41.21	41.21	39.69	37.65	-	-
Other Intangible Assets	17.86	17.58	18.25	19.67	22.75	23.32
Long-Term Deferred Tax Assets	357.55	355.94	1,020	940.37	858.74	393.05
Other Long-Term Assets	5.06	5.93	7.2	-	-	-
Total Assets	36,281	40,560	48,933	48,920	46,308	20,863
Accounts Payable	59.97	44.98	164.33	147.43	320.43	101.21
Accrued Expenses	753.57	1,107	2,354	1,636	997.83	-
Short-Term Debt	-	-	-	-	-	475.28
Current Portion of Long-Term Debt	7,182	5,840	13,066	6,141	2,080	735.15
Current Portion of Leases	7.42	2.54	17.4	2.22	4.44	6.54
Current Income Taxes Payable	818.63	826.43	2,277	2,489	2,777	1,469
Current Unearned Revenue	6,622	9,386	9,517	5,594	2,287	2,107
Other Current Liabilities	3,075	2,972	2,939	2,833	9,966	1,372
Total Current Liabilities	18,518	20,178	30,335	18,842	18,433	6,266
Long-Term Debt	11,665	14,611	10,795	20,275	17,584	6,551
Long-Term Leases	2.89	0.67	2.39	3.11	1.04	4.21
Long-Term Deferred Tax Liabilities	1,425	1,408	1,355	1,166	956.56	1,071
Other Long-Term Liabilities	16.41	16.16	16.38	15.79	15.58	15.13
Total Liabilities	31,627	36,214	42,504	40,302	36,990	13,907
Common Stock	171.15	171.15	171.15	171.15	171.15	171.15
Additional Paid-In Capital	1,689	1,689	1,689	1,689	1,689	1,689
Retained Earnings	2,524	2,242	3,625	6,258	6,088	4,712
Comprehensive Income & Other	-483.86	-544.81	-445.47	-330.29	538.12	264.32
Total Common Equity	3,900	3,557	5,039	7,787	8,486	6,836
Minority Interest	753.46	789.05	1,390	830.44	832.75	119.53
Shareholders' Equity	4,653	4,346	6,429	8,618	9,318	6,955
Total Liabilities & Equity	36,281	40,560	48,933	48,920	46,308	20,863
Total Debt	18,857	20,454	23,880	26,421	19,669	7,773
Net Cash (Debt)	-16,027	-19,129	-19,796	-23,760	-17,074	-5,125
Net Cash Per Share	-9.36	-11.18	-11.57	-13.88	-9.98	-2.99
Filing Date Shares Outstanding	1,712	1,712	1,712	1,712	1,712	1,712
Total Common Shares Outstanding	1,712	1,712	1,712	1,712	1,712	1,712
Working Capital	8,383	11,010	8,297	20,520	19,372	8,127
Book Value Per Share	2.28	2.08	2.94	4.55	4.96	3.99
Tangible Book Value	3,882	3,539	5,021	7,768	8,463	6,812
Tangible Book Value Per Share	2.27	2.07	2.93	4.54	4.94	3.98
Buildings	-	65.25	66.85	9.96	8.47	63.51
Machinery	-	51.05	47.07	26.26	27.45	26.96
Construction In Progress	-	-	-	5,114	7,122	5,530

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