Tai Sang Land Development Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property, Plant & Equipment	10,990	11,248	11,612	11,823	11,553
Cash & Equivalents	119.5	123.44	108.36	134.14	112.18
Accounts Receivable	32.94	14.38	19.28	22.49	24.15
Other Receivables	0.3	0.82	2.13	3.11	0.36
Investment In Debt and Equity Securities	18.38	17.31	15.15	15.85	17.73
Other Current Assets	110.74	129.39	133.83	134.4	123.24
Other Long-Term Assets	0.55	0.01	0.05	1.09	2.57
Total Assets	11,273	11,533	11,891	12,134	11,833
Current Portion of Long-Term Debt	1,855	360.54	1,143	692.31	85.56
Current Portion of Leases	0.23	0.27	0.26	0.25	0.27
Long-Term Debt	669.77	2,119	1,065	1,602	1,945
Long-Term Leases	0.66	0.38	0.54	0.79	0.4
Accounts Payable	-	8.57	9.71	13.82	9.68
Accrued Expenses	-	11.66	22.35	12.87	10.8
Current Income Taxes Payable	2.77	1.38	1.78	0.78	2.69
Other Current Liabilities	132.73	110.66	111.56	114.5	129.02
Long-Term Deferred Tax Liabilities	229.41	229.19	252.08	301.68	359.68
Other Long-Term Liabilities	3.22	-	-	-	-
Total Liabilities	3,016	2,992	2,978	3,019	3,023
Common Stock	417.32	417.32	417.32	417.32	417.32
Retained Earnings	-	7,074	7,436	7,656	7,371
Comprehensive Income & Other	7,565	770.74	769.6	770.38	771.47
Total Common Equity	7,982	8,262	8,623	8,844	8,560
Minority Interest	274.45	279.36	289.77	271.24	249.92
Shareholders' Equity	8,256	8,541	8,913	9,115	8,810
Total Liabilities & Equity	11,273	11,533	11,891	12,134	11,833
Total Debt	2,648	2,630	2,581	2,575	2,511
Net Cash (Debt)	-2,529	-2,507	-2,472	-2,441	-2,399
Net Cash Per Share	-8.83	-8.71	-8.59	-8.49	-8.34
Filing Date Shares Outstanding	284.79	287.67	287.67	287.67	287.67
Total Common Shares Outstanding	284.79	287.67	287.67	287.67	287.67
Book Value Per Share	28.03	28.72	29.98	30.74	29.76
Tangible Book Value	7,982	8,262	8,623	8,844	8,560
Tangible Book Value Per Share	28.03	28.72	29.98	30.74	29.76
Land	-	1,164	1,161	1,126	1,117
Construction In Progress	-	1,030	1,030	1,000	1,023

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