Tai Sang Land Development 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
Property, Plant & Equipment	11,027	11,248	11,612	11,823	11,553	10,793
Cash & Equivalents	146.51	123.44	108.36	134.14	112.18	141.37
Accounts Receivable	2.72	14.38	19.28	22.49	24.15	25.25
Other Receivables	31.43	0.82	2.13	3.11	0.36	0.1
Investment In Debt and Equity Securities	16.66	17.31	15.15	15.85	17.73	15.78
Other Current Assets	110.67	129.39	133.83	134.4	123.24	123.04
Other Long-Term Assets	-	0.01	0.05	1.09	2.57	8.95
Total Assets	11,335	11,533	11,891	12,134	11,833	11,107
Current Portion of Long-Term Debt	87.08	360.54	1,143	692.31	85.56	38.43
Current Portion of Leases	0.24	0.27	0.26	0.25	0.27	0.22
Long-Term Debt	2,517	2,119	1,065	1,602	1,945	1,988
Long-Term Leases	0.26	0.38	0.54	0.79	0.4	0.52
Accounts Payable	7.08	8.57	9.71	13.82	9.68	7.17
Accrued Expenses	-	11.66	22.35	12.87	10.8	10.15
Current Income Taxes Payable	3.37	1.38	1.78	0.78	2.69	4.2
Other Current Liabilities	114.51	110.66	111.56	114.5	129.02	176.37
Long-Term Deferred Tax Liabilities	227.52	229.19	252.08	301.68	359.68	341.82
Total Liabilities	3,015	2,992	2,978	3,019	3,023	2,974
Common Stock	417.32	417.32	417.32	417.32	417.32	417.32
Retained Earnings	6,857	7,074	7,436	7,656	7,371	6,801
Comprehensive Income & Other	770.41	770.74	769.6	770.38	771.47	685.4
Total Common Equity	8,045	8,262	8,623	8,844	8,560	7,903
Minority Interest	274.91	279.36	289.77	271.24	249.92	230.14
Shareholders' Equity	8,320	8,541	8,913	9,115	8,810	8,133
Total Liabilities & Equity	11,335	11,533	11,891	12,134	11,833	11,107
Total Debt	2,659	2,630	2,581	2,575	2,511	2,434
Net Cash (Debt)	-2,512	-2,507	-2,472	-2,441	-2,399	-2,293
Net Cash Per Share	-8.73	-8.71	-8.59	-8.49	-8.34	-7.97
Filing Date Shares Outstanding	287.67	287.67	287.67	287.67	287.67	287.67
Total Common Shares Outstanding	287.67	287.67	287.67	287.67	287.67	287.67
Book Value Per Share	27.97	28.72	29.98	30.74	29.76	27.47
Tangible Book Value	8,045	8,262	8,623	8,844	8,560	7,903
Tangible Book Value Per Share	27.97	28.72	29.98	30.74	29.76	27.47
Land	-	1,164	1,161	1,126	1,117	313.41
Construction In Progress	-	1,030	1,030	1,000	1,023	1,840

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.