PAX Global Technology 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	2,976	3,084	2,864	3,160	3,533	3,803
Short-Term Investments	237.44	221.07	55.86	29.87	18.61	25.17
Cash & Short-Term Investments	3,213	3,305	2,919	3,190	3,552	3,828
Cash Growth	7.88%	13.20%	-8.48%	-10.18%	-7.22%	17.83%
Accounts Receivable	2,755	2,544	2,680	2,350	2,082	1,434
Other Receivables	89.81	151.26	98.54	60.71	29.13	-
Receivables	2,844	2,695	2,778	2,411	2,111	1,434
Inventory	1,518	1,587	1,826	2,527	2,071	1,630
Prepaid Expenses	-	35.06	12.53	25.66	24.4	14
Restricted Cash	28.14	24.21	17.09	16.74	22.09	15.35
Other Current Assets	105.02	-	-	2.14	9.66	33.7
Total Current Assets	7,709	7,646	7,553	8,173	7,790	6,955
Property, Plant & Equipment	1,158	1,147	1,190	999.94	768	420.38
Long-Term Investments	100.36	133.08	132.27	137.76	147.68	154.29
Goodwill	71.11	65.96	14.24	13.8	14.58	15.74
Other Intangible Assets	64.62	51.87	10.55	13.96	18.33	24.22
Long-Term Deferred Tax Assets	101.99	121.86	168.55	147.12	77.62	57.57
Other Long-Term Assets	3.4	3.94	6.31	4.74	4.97	4.97
Total Assets	9,209	9,170	9,075	9,490	8,821	7,637
Accounts Payable	832.91	935.19	887.13	1,699	1,668	1,371
Accrued Expenses	-	355.25	383.84	340.81	327.07	270.18
Current Portion of Leases	17.85	18.22	23.89	20.35	31.95	28.78
Current Income Taxes Payable	2.06	18.96	12.97	100.49	58.54	68.82
Current Unearned Revenue	-	-	-	90.5	60.6	46.43
Other Current Liabilities	455.17	187.53	180.98	258.47	117.2	168.85
Total Current Liabilities	1,308	1,515	1,489	2,510	2,264	1,954
Long-Term Leases	67.25	69.61	84.33	65.58	84.65	93.81
Long-Term Deferred Tax Liabilities	24.16	15.46	5.5	8.31	11.39	7.95
Other Long-Term Liabilities	4.16	4.69	10.51	1.09	5.14	7.4
Total Liabilities	1,404	1,605	1,589	2,584	2,365	2,063
Common Stock	105.96	106.17	107.02	107.97	109.3	109.28
Additional Paid-In Capital	1,001	1,010	1,058	1,128	1,191	1,243
Retained Earnings	7,309	7,183	6,971	6,246	5,327	4,485
Treasury Stock	-	-	-0.04	-	-0.37	-
Comprehensive Income & Other	-650.39	-769.55	-678.42	-547.58	-140.06	-235.39
Total Common Equity	7,766	7,530	7,458	6,935	6,487	5,602
Minority Interest	39.5	34.53	28.11	-28.98	-30.57	-28.37
Shareholders' Equity	7,805	7,565	7,486	6,906	6,457	5,574
Total Liabilities & Equity	9,209	9,170	9,075	9,490	8,821	7,637
Total Debt	85.1	87.83	108.22	85.93	116.6	122.59
Net Cash (Debt)	3,128	3,217	2,811	3,104	3,435	3,705
Net Cash Growth	8.62%	14.43%	-9.44%	-9.63%	-7.30%	18.21%
Net Cash Per Share	2.91	2.97	2.56	2.80	3.03	3.39
Filing Date Shares Outstanding	1,060	1,062	1,070	1,080	1,089	1,093
Total Common Shares Outstanding	1,060	1,062	1,070	1,080	1,089	1,093
Working Capital	6,401	6,131	6,064	5,664	5,527	5,001
Book Value Per Share	7.33	7.09	6.97	6.42	5.96	5.13
Tangible Book Value	7,630	7,412	7,433	6,907	6,454	5,562
Tangible Book Value Per Share	7.20	6.98	6.95	6.40	5.93	5.09
Land	-	841.81	868.92	7.91	8.55	8.45
Machinery	-	185.41	155.02	128.22	124.69	102.36
Construction In Progress	-	-	-	724.02	429.93	76.9
Leasehold Improvements	-	93.96	56.04	15.78	17.45	17.25

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