Winshine Science Company 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	47.85	55.26	119.34	49.77	66.63
Cash & Short-Term Investments	47.85	55.26	119.34	49.77	66.63
Cash Growth	-13.41%	-53.70%	139.80%	-25.32%	15.08%
Accounts Receivable	81.46	103.33	70.48	71.5	134.16
Other Receivables	-	14.11	13.74	12.02	7.25
Receivables	81.46	117.44	84.22	83.52	141.41
Inventory	72.29	79.01	75.14	81.97	113.86
Prepaid Expenses	9.12	0.09	3.78	0.51	2.26
Other Current Assets	30.11	3.66	9.43	2.83	60.73
Total Current Assets	240.83	255.46	291.91	218.6	384.9
Property, Plant & Equipment	89.91	97.28	121.51	121.94	120.86
Goodwill	-	-	0.74	-	-
Other Long-Term Assets	0.37	0.15	0.16	0.41	44.59
Total Assets	331.1	352.88	414.33	340.95	550.35
Accounts Payable	234.97	204.62	170.54	137.11	258.32
Accrued Expenses	-	28.39	33.55	39.16	26.34
Short-Term Debt	-	172.09	195.57	145.94	218.57
Current Portion of Long-Term Debt	255.19	45	45	45	45
Current Portion of Leases	1.4	1.09	1.53	1.97	4.77
Current Income Taxes Payable	2.94	5.86	3.87	7.9	2.93
Current Unearned Revenue	1.41	0.72	1.15	1.54	2.95
Other Current Liabilities	41.57	17.94	25.87	32.74	58.46
Total Current Liabilities	537.48	475.71	477.09	411.36	617.34
Long-Term Leases	0.59	1.38	1.86	2.82	8.29
Long-Term Deferred Tax Liabilities	12.97	16.27	16.25	16.41	23.67
Total Liabilities	551.03	493.37	495.19	430.59	649.29
Common Stock	1.86	1.45	5.1	3.66	366.19
Additional Paid-In Capital	-	42	32.38	-	942.4
Retained Earnings	-	-265.8	-200.53	-174.58	-1,490
Comprehensive Income & Other	-219.53	83.31	83	81.27	82.81
Total Common Equity	-217.67	-139.04	-80.06	-89.65	-98.94
Minority Interest	-2.26	-1.45	-0.81	-	-
Shareholders' Equity	-219.93	-140.49	-80.87	-89.65	-98.94
Total Liabilities & Equity	331.1	352.88	414.33	340.95	550.35
Total Debt	257.17	219.56	243.96	195.73	276.62
Net Cash (Debt)	-209.32	-164.31	-124.63	-145.97	-209.99
Net Cash Per Share	-0.95	-1.27	-1.38	-1.99	-2.87
Filing Date Shares Outstanding	287.69	145.36	101.96	73.24	73.24
Total Common Shares Outstanding	287.69	145.36	101.96	73.24	73.24
Working Capital	-296.65	-220.26	-185.18	-192.77	-232.44
Book Value Per Share	-0.76	-0.96	-0.79	-1.22	-1.35
Tangible Book Value	-217.67	-139.04	-80.8	-89.65	-98.94
Tangible Book Value Per Share	-0.76	-0.96	-0.79	-1.22	-1.35
Buildings	-	90	96	102	102.77
Machinery	-	123.52	126.57	119.57	125.56
Construction In Progress	-	-	0.15	-	2.44
Leasehold Improvements	-	5.28	5.88	5.57	6.35

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