Guangdong Land Holdings 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	3,167	1,325	4,084	2,661	2,588
Short-Term Investments	-	-	-	-	7.1
Cash & Short-Term Investments	3,167	1,325	4,084	2,661	2,595
Cash Growth	139.00%	-67.56%	53.48%	2.52%	-1.96%
Accounts Receivable	548.3	2.69	8.54	6.56	5.49
Other Receivables	552.99	858.42	613.14	301.56	78.21
Receivables	1,101	861.12	621.68	308.12	83.7
Inventory	20,264	25,996	32,114	34,974	33,840
Prepaid Expenses	-	605.98	1,003	673.08	624.89
Restricted Cash	188.91	2,087	451.66	548.46	444.03
Other Current Assets	63.12	313.6	357.8	197.3	216.65
Total Current Assets	24,784	31,188	38,632	39,362	37,805
Property, Plant & Equipment	8,491	8,951	9,216	8,561	7,622
Long-Term Investments	36.58	41.21	39.69	37.65	-
Other Intangible Assets	18.03	17.58	18.25	19.67	22.75
Long-Term Deferred Tax Assets	223.45	355.94	1,020	940.37	858.74
Other Long-Term Assets	-	5.93	7.2	-	-
Total Assets	33,553	40,560	48,933	48,920	46,308
Accounts Payable	42.69	44.98	164.33	147.43	320.43
Accrued Expenses	-	1,107	2,354	1,636	997.83
Current Portion of Long-Term Debt	6,883	5,840	13,066	6,141	2,080
Current Portion of Leases	6.45	2.54	17.4	2.22	4.44
Current Income Taxes Payable	886.6	826.43	2,277	2,489	2,777
Current Unearned Revenue	5,972	9,386	9,517	5,594	2,287
Other Current Liabilities	3,367	2,972	2,939	2,833	9,966
Total Current Liabilities	17,158	20,178	30,335	18,842	18,433
Long-Term Debt	11,386	14,611	10,795	20,275	17,584
Long-Term Leases	0.25	0.67	2.39	3.11	1.04
Long-Term Deferred Tax Liabilities	1,214	1,408	1,355	1,166	956.56
Other Long-Term Liabilities	16.57	16.16	16.38	15.79	15.58
Total Liabilities	29,775	36,214	42,504	40,302	36,990
Common Stock	171.15	171.15	171.15	171.15	171.15
Additional Paid-In Capital	-	1,689	1,689	1,689	1,689
Retained Earnings	-	2,242	3,625	6,258	6,088
Comprehensive Income & Other	2,878	-544.81	-445.47	-330.29	538.12
Total Common Equity	3,049	3,557	5,039	7,787	8,486
Minority Interest	729.7	789.05	1,390	830.44	832.75
Shareholders' Equity	3,779	4,346	6,429	8,618	9,318
Total Liabilities & Equity	33,553	40,560	48,933	48,920	46,308
Total Debt	18,276	20,454	23,880	26,421	19,669
Net Cash (Debt)	-15,109	-19,129	-19,796	-23,760	-17,074
Net Cash Per Share	-8.83	-11.18	-11.57	-13.88	-9.98
Filing Date Shares Outstanding	1,712	1,712	1,712	1,712	1,712
Total Common Shares Outstanding	1,712	1,712	1,712	1,712	1,712
Working Capital	7,627	11,010	8,297	20,520	19,372
Book Value Per Share	1.78	2.08	2.94	4.55	4.96
Tangible Book Value	3,031	3,539	5,021	7,768	8,463
Tangible Book Value Per Share	1.77	2.07	2.93	4.54	4.94
Buildings	-	65.25	66.85	9.96	8.47
Machinery	-	51.05	47.07	26.26	27.45
Construction In Progress	-	-	-	5,114	7,122

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