Deep Source 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	7,417	6,396	5,310	4,031	1,865	720.16
Short-Term Investments	-	76.57	56.03	42.87	73.75	44.76
Trading Asset Securities	39.08	3.82	496.39	70.36	15.64	2.57
Cash & Short-Term Investments	7,456	6,477	5,863	4,144	1,954	767.49
Cash Growth	21.90%	10.47%	41.48%	112.06%	154.61%	-8.58%
Accounts Receivable	6,147	5,240	5,152	5,085	4,179	2,192
Other Receivables	68.43	313.64	91.79	91.89	29.42	4.54
Receivables	6,215	5,554	5,243	5,177	4,208	2,196
Inventory	1,915	3,635	2,254	2,340	1,242	766.57
Prepaid Expenses	99.9	12.81	14.82	2.09	2.96	17.46
Other Current Assets	1,143	607.58	2,069	1,143	1,197	235.77
Total Current Assets	16,830	16,286	15,443	12,807	8,604	3,983
Property, Plant & Equipment	175.75	185.04	211.54	224.7	223.05	27.04
Long-Term Investments	2,599	2,467	638.12	545.04	257.56	-
Goodwill	37.95	37.95	37.95	37.95	0.92	-
Long-Term Accounts Receivable	-	-	-	-	9.6	1
Long-Term Deferred Tax Assets	0.05	0.05	0.14	2.42	0.3	-
Total Assets	19,642	18,977	16,331	13,617	9,095	4,011
Accounts Payable	4,106	3,870	2,424	1,732	732.55	498.14
Accrued Expenses	135.52	169.91	208.98	511.1	114.41	34.3
Short-Term Debt	208.93	139.95	-	160.1	38.66	-
Current Portion of Long-Term Debt	1.33	1.24	1.26	1.11	-	-
Current Portion of Leases	2.12	10.02	13.59	9.59	8.93	9.44
Current Income Taxes Payable	54.45	64.39	113.26	72.75	63.72	51.68
Current Unearned Revenue	211.89	155.03	176.85	53.47	381.36	161.21
Other Current Liabilities	6,872	7,315	6,098	5,131	3,415	1,407
Total Current Liabilities	11,593	11,726	9,036	7,671	4,755	2,162
Long-Term Debt	1.19	1.75	3.08	4.36	-	-
Long-Term Leases	-	-	10.05	16.53	0.51	7.94
Long-Term Deferred Tax Liabilities	12.99	12.94	12.36	15.82	10.62	-
Total Liabilities	11,607	11,741	9,061	7,708	4,766	2,170
Common Stock	35.72	33.68	33.68	33.68	33.68	29.6
Additional Paid-In Capital	2,283	1,878	1,878	1,878	1,878	1,074
Retained Earnings	4,321	3,999	3,972	2,771	1,564	566.25
Comprehensive Income & Other	287.88	205.39	315.18	-97.87	9.93	-0.27
Total Common Equity	6,927	6,116	6,198	4,584	3,485	1,670
Minority Interest	1,107	1,121	1,071	1,324	843.85	171.64
Shareholders' Equity	8,035	7,236	7,270	5,909	4,329	1,841
Total Liabilities & Equity	19,642	18,977	16,331	13,617	9,095	4,011
Total Debt	213.57	152.95	27.98	191.68	48.1	17.38
Net Cash (Debt)	7,242	6,324	5,835	3,952	1,906	750.11
Net Cash Growth	25.84%	8.38%	47.63%	107.35%	154.10%	299.00%
Net Cash Per Share	0.54	0.47	0.43	0.29	0.15	0.06
Filing Date Shares Outstanding	14,286	13,471	13,471	13,471	13,471	11,841
Total Common Shares Outstanding	14,286	13,471	13,471	13,471	13,471	11,841
Working Capital	5,236	4,561	6,408	5,136	3,849	1,821
Book Value Per Share	0.48	0.45	0.46	0.34	0.26	0.14
Tangible Book Value	6,889	6,078	6,161	4,547	3,485	1,670
Tangible Book Value Per Share	0.48	0.45	0.46	0.34	0.26	0.14
Buildings	-	114.26	116.66	119.28	126.36	-
Machinery	-	85.23	78.7	71.77	67.46	6.06
Construction In Progress	-	6.99	6.55	3.31	4.26	-
Leasehold Improvements	-	14	14	14	14	14

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