HKG:0115 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
Cash & Equivalents	25.09	43.97	40.93	25.42	51.58
Short-Term Investments	-	0.19	0.19	0.28	0.2
Cash & Short-Term Investments	25.09	44.16	41.12	25.7	51.79
Cash Growth	-43.19%	7.40%	59.98%	-50.37%	-15.01%
Accounts Receivable	2.73	5.64	5.87	3.84	6.53
Other Receivables	21.28	51.57	41.93	45.66	38.11
Receivables	24.01	57.21	49	56.48	54.6
Inventory	191.93	426.74	620.87	748.78	961.86
Prepaid Expenses	-	1.37	4.86	10.11	2.89
Total Current Assets	241.02	529.48	715.85	841.07	1,071
Property, Plant & Equipment	143.6	167.22	185.86	202.33	233.39
Long-Term Investments	0.28	0.88	1.97	1.3	2.03
Goodwill	-	-	-	-	36.77
Other Intangible Assets	8.41	8.73	9.78	10.83	12.6
Other Long-Term Assets	1,306	1,435	1,719	1,766	2,394
Total Assets	1,700	2,142	2,632	2,821	3,750
Accounts Payable	9.78	67.69	1.17	1.2	1.06
Accrued Expenses	32.47	32.07	34.61	31.52	40.81
Short-Term Debt	138.85	91.73	90.94	89.61	78.5
Current Portion of Long-Term Debt	220.65	313.08	182.14	120.71	245.17
Current Portion of Leases	0.19	0.55	0.49	0.19	0.54
Current Income Taxes Payable	197.68	170.48	159.89	122.44	145.91
Current Unearned Revenue	41.73	63.79	61.74	88.51	47.23
Other Current Liabilities	77.69	145.35	197.72	291.1	328.67
Total Current Liabilities	719.04	884.72	728.71	745.29	887.9
Long-Term Debt	199.58	286.09	460.62	529.04	453.07
Long-Term Leases	-	0.19	0.74	-	0.19
Long-Term Deferred Tax Liabilities	202.5	240.85	289.99	287.78	412.93
Total Liabilities	1,121	1,412	1,480	1,562	1,754
Common Stock	4.14	2.45	2.45	2.45	2.45
Additional Paid-In Capital	-	435.69	435.69	435.69	435.69
Retained Earnings	-	-187.05	61.69	-	501.09
Comprehensive Income & Other	170.92	-12.75	6.87	131	101.75
Total Common Equity	175.06	238.35	506.71	569.14	1,041
Minority Interest	403.39	491.33	645.59	690.01	955.06
Shareholders' Equity	578.45	729.68	1,152	1,259	1,996
Total Liabilities & Equity	1,700	2,142	2,632	2,821	3,750
Total Debt	559.27	691.63	734.93	739.55	777.47
Net Cash (Debt)	-534.18	-647.47	-693.82	-713.85	-725.68
Net Cash Per Share	-36.27	-52.86	-56.65	-58.28	-59.25
Filing Date Shares Outstanding	20.71	12.25	12.25	12.25	12.25
Total Common Shares Outstanding	20.71	12.25	12.25	12.25	12.25
Working Capital	-478.02	-355.24	-12.86	95.78	183.25
Book Value Per Share	8.45	19.46	41.37	46.47	84.99
Tangible Book Value	166.65	229.62	496.93	558.31	991.62
Tangible Book Value Per Share	8.05	18.75	40.57	45.58	80.96
Land	-	197.25	203.97	209.9	227.47
Machinery	-	8.18	8.58	8.76	9.58
Leasehold Improvements	-	1	1	0.21	0.21

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