Summit Ascent Holdings Limited (HKG:0102)

Summit Ascent Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	418.94	444.95	339.47	831.86	606.58	1,562
Cash & Short-Term Investments	418.94	444.95	339.47	831.86	606.58	1,562
Cash Growth	3.53%	31.07%	-59.19%	37.14%	-61.17%	81.51%
Accounts Receivable	-	-	-	-	0.03	0.01
Other Receivables	578.26	270.11	192.62	89.81	128.2	9.46
Receivables	578.26	270.11	192.62	89.81	1,064	9.48
Inventory	39.2	4.72	4.69	4.41	2.77	2.31
Prepaid Expenses	-	63.67	52.72	30.86	16.59	19.18
Other Current Assets	-	-	-	-	-	0.54
Total Current Assets	1,036	783.45	589.49	956.95	1,690	1,594
Property, Plant & Equipment	817.19	821.75	891.63	1,128	1,178	1,379
Other Intangible Assets	0.25	0.25	0.25	0.26	0.26	0.34
Other Long-Term Assets	1,592	1,594	1,447	1,649	854.61	1,005
Total Assets	3,620	3,367	3,087	3,734	3,723	3,978
Accounts Payable	-	4.06	2.86	3.16	2.5	1.71
Accrued Expenses	-	34.89	33.7	34.36	32.31	30.74
Current Portion of Long-Term Debt	22.96	21.89	-	-	-	-
Current Portion of Leases	1.36	3.03	2.65	6.29	1.21	1.34
Current Income Taxes Payable	-	-	-	-	17.27	-
Other Current Liabilities	478.31	432.72	378.52	11.45	10.97	11.52
Total Current Liabilities	502.63	496.59	417.72	55.26	64.25	45.31
Long-Term Debt	7.72	7.45	35.18	157.82	165.33	154.97
Long-Term Leases	3.02	2.32	2.86	6.89	3.9	5.1
Other Long-Term Liabilities	-	2.65	8.93	20.32	25.97	35.59
Total Liabilities	513.38	509.01	464.69	240.29	259.46	240.97
Common Stock	112.74	112.74	112.74	112.74	112.74	112.74
Additional Paid-In Capital	-	3,148	3,148	3,148	3,148	3,148
Retained Earnings	-	-591.29	-820.87	-86.2	-98.04	114.04
Comprehensive Income & Other	2,756	-11.91	-1.73	5.64	5.57	23.32
Total Common Equity	2,869	2,658	2,438	3,180	3,168	3,398
Minority Interest	237.7	200.51	183.97	313.85	294.82	338.64
Shareholders' Equity	3,106	2,858	2,622	3,494	3,463	3,737
Total Liabilities & Equity	3,620	3,367	3,087	3,734	3,723	3,978
Total Debt	35.06	34.7	40.69	171	170.43	161.4
Net Cash (Debt)	383.88	410.25	298.78	660.86	436.14	1,401
Net Cash Growth	5.44%	37.31%	-54.79%	51.52%	-68.87%	122.22%
Net Cash Per Share	0.09	0.09	0.07	0.15	0.10	0.55
Filing Date Shares Outstanding	4,510	4,509	4,509	4,509	4,509	4,509
Total Common Shares Outstanding	4,510	4,509	4,509	4,509	4,509	4,509
Working Capital	533.76	286.86	171.77	901.69	1,626	1,548
Book Value Per Share	0.64	0.59	0.54	0.71	0.70	0.75
Tangible Book Value	2,868	2,657	2,438	3,180	3,168	3,398
Tangible Book Value Per Share	0.64	0.59	0.54	0.71	0.70	0.75
Land	-	245.48	273.4	-	-	-
Buildings	-	959.66	959.42	1,419	1,418	1,548
Machinery	-	297.92	302.43	292.83	289.34	278.89
Construction In Progress	-	3.64	2.96	5.9	2.82	9.11

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