Binhai Investment Company 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	325.77	384.05	808.36	845.25	742.18	407.74
Short-Term Investments	35	3.37	131.51	4.22	2.41	-
Trading Asset Securities	-	-	-	-	-	182.03
Cash & Short-Term Investments	360.77	387.41	939.87	849.47	744.59	589.77
Cash Growth	-47.05%	-58.78%	10.64%	14.09%	26.25%	-15.75%
Accounts Receivable	268.51	249.93	313.36	261.85	285.88	209.82
Other Receivables	111.21	81.11	69.07	77.8	79.69	131.71
Receivables	379.72	331.04	382.43	339.65	365.57	341.53
Inventory	104.48	97.27	107.86	138.85	144.31	146.59
Prepaid Expenses	191.07	293.53	433.19	565.15	419.36	239.95
Restricted Cash	20.2	-	-	29.8	12.24	15.96
Other Current Assets	-	12.06	12.05	12.88	14.58	20.3
Total Current Assets	1,056	1,121	1,875	1,936	1,701	1,354
Property, Plant & Equipment	6,500	6,175	6,202	6,055	6,090	5,426
Long-Term Investments	316.02	321.8	296.9	78.8	85.65	74.79
Goodwill	-	-	23.85	-	-	-
Other Intangible Assets	67.82	68.28	48.28	51	47.61	43.05
Long-Term Accounts Receivable	-	-	-	-	30	25.14
Long-Term Deferred Tax Assets	26.62	30.77	33.39	33.73	46.55	24.22
Other Long-Term Assets	30.51	32.66	110.96	416.76	179.38	147.26
Total Assets	7,998	7,750	8,591	8,571	8,180	7,095
Accounts Payable	661.49	1,204	1,324	1,282	1,457	1,576
Accrued Expenses	2.46	-	-	-	-	-
Short-Term Debt	-	-	-	-	36.72	1,278
Current Portion of Long-Term Debt	1,857	1,071	1,846	1,576	885.77	30.07
Current Portion of Leases	5.39	5.07	7.15	11.96	10.84	8.48
Current Income Taxes Payable	47.54	61.85	52.55	31.78	44.23	28.24
Current Unearned Revenue	457.14	679.99	821.63	887.36	965.39	912.39
Other Current Liabilities	562.15	-	-	-	-	-
Total Current Liabilities	3,593	3,023	4,052	3,789	3,400	3,834
Long-Term Debt	1,849	2,258	2,059	2,328	2,239	1,055
Long-Term Leases	4.81	7.27	6.41	15.62	10.02	8.29
Long-Term Unearned Revenue	142.63	145.27	142.72	140.78	144.46	111.61
Long-Term Deferred Tax Liabilities	7.05	12.26	9.64	-	34.7	21.7
Other Long-Term Liabilities	-	-	0.11	10.91	28.38	64.44
Total Liabilities	5,597	5,446	6,270	6,285	5,857	5,095
Common Stock	138.33	138.33	135.3	135.2	135.2	135.2
Additional Paid-In Capital	36.8	36.64	41.64	175.31	175.31	282.12
Retained Earnings	2,089	2,343	2,206	1,960	1,756	1,357
Treasury Stock	-10.69	-7.27	-	-	-	-
Comprehensive Income & Other	-43.8	-432.84	-344.38	-292.02	-116.49	-184.17
Total Common Equity	2,209	2,078	2,038	1,979	1,950	1,590
Minority Interest	71.35	82.41	87.16	65.02	70.44	57.95
Shareholders' Equity	2,400	2,304	2,321	2,286	2,323	2,000
Total Liabilities & Equity	7,998	7,750	8,591	8,571	8,180	7,095
Total Debt	3,717	3,342	3,919	3,932	3,182	2,381
Net Cash (Debt)	-3,356	-2,954	-2,979	-3,082	-2,438	-1,791
Net Cash Per Share	-2.43	-2.16	-2.20	-2.27	-1.80	-1.47
Filing Date Shares Outstanding	1,374	1,377	1,353	1,352	1,352	1,352
Total Common Shares Outstanding	1,374	1,377	1,353	1,352	1,352	1,352
Working Capital	-2,537	-1,901	-2,177	-1,853	-1,700	-2,479
Book Value Per Share	1.61	1.51	1.51	1.46	1.44	1.18
Tangible Book Value	2,141	2,009	1,966	1,928	1,903	1,547
Tangible Book Value Per Share	1.56	1.46	1.45	1.43	1.41	1.14
Buildings	-	341.87	349.87	345	327.71	268.29
Machinery	-	328.5	326.83	315.31	313.29	282.16
Construction In Progress	-	1,507	1,382	1,424	1,361	1,112

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