The Hongkong and Shanghai Hotels, Limited (HKG:0045)

HKG:0045 Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	951	762	895	881	585	479
Trading Asset Securities	-	32	-	2	15	-
Cash & Short-Term Investments	951	794	895	883	600	479
Cash Growth	5.55%	-11.29%	1.36%	47.17%	25.26%	-7.89%
Accounts Receivable	874	403	424	459	417	311
Other Receivables	-	8	11	4	12	5
Receivables	874	411	435	463	429	378
Inventory	129	138	123	114	87	75
Other Current Assets	851	1,643	1,868	4,772	5,566	459
Total Current Assets	2,805	2,986	3,321	6,232	6,682	1,391
Property, Plant & Equipment	15,494	15,854	15,235	15,662	14,235	13,748
Long-Term Investments	2,431	2,395	2,419	2,195	2,165	1,922
Other Intangible Assets	438	453	419	459	456	483
Long-Term Deferred Tax Assets	153	152	153	151	148	110
Other Long-Term Assets	33,354	33,211	32,629	33,170	32,895	38,031
Total Assets	54,675	55,051	54,176	57,869	56,581	55,685

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,753	1,802	1,823	1,950	1,684	1,529
Short-Term Debt	4,664	-	-	-	-	-
Current Portion of Long-Term Debt	-	5,504	7,388	2,504	4,544	2,015
Current Portion of Leases	174	173	160	149	165	163
Current Income Taxes Payable	92	57	72	102	22	42
Other Current Liabilities	58	38	-	-	-	9
Total Current Liabilities	6,741	7,574	9,443	4,705	6,415	3,758
Long-Term Debt	8,233	7,951	6,001	13,410	10,648	11,370
Long-Term Leases	2,468	2,498	2,452	2,584	2,627	2,940
Pension & Post-Retirement Benefits	22	22	21	20	18	24
Long-Term Deferred Tax Liabilities	715	686	668	658	657	608
Other Long-Term Liabilities	137	162	145	113	96	120
Total Liabilities	18,316	18,893	18,730	21,490	20,461	18,820

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5,947	5,947	5,947	5,837	5,837	5,837
Retained Earnings	-	29,723	29,403	30,478	30,332	30,820
Comprehensive Income & Other	30,362	440	51	-36	-153	105
Total Common Equity	36,309	36,110	35,401	36,279	36,016	36,762
Minority Interest	50	48	45	100	104	103
Shareholders' Equity	36,359	36,158	35,446	36,379	36,120	36,865
Total Liabilities & Equity	54,675	55,051	54,176	57,869	56,581	55,685

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	15,539	16,126	16,001	18,647	17,984	16,488
Net Cash (Debt)	-14,588	-15,332	-15,106	-17,764	-17,384	-16,009
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.42	-9.20	-9.11	-10.77	-10.54	-9.71
Filing Date Shares Outstanding	2,300	1,667	1,667	1,649	1,649	1,649
Total Common Shares Outstanding	2,300	1,667	1,667	1,649	1,649	1,649
Working Capital	-3,936	-4,588	-6,122	1,527	267	-2,367
Book Value Per Share	15.79	21.66	21.24	21.99	21.84	22.29
Tangible Book Value	35,871	35,657	34,982	35,820	35,560	36,279
Tangible Book Value Per Share	15.60	21.39	20.99	21.72	21.56	21.99
Land	-	723	681	683	679	695
Buildings	-	16,334	15,605	13,937	8,247	8,609
Machinery	-	6,764	6,550	7,718	5,614	4,929
Construction In Progress	-	797	797	995	6,916	6,378

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 22, 2026

Data Sources Report a data error