The Sincere Company, Limited (HKG:0244)

The Sincere Company Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Feb 28, 2021
Cash & Equivalents	8.93	10.95	92.69	98.19	54.09	87.95
Trading Asset Securities	0.18	0.85	3.69	1.38	2.31	5.77
Cash & Short-Term Investments	9.1	11.79	96.38	99.57	56.4	93.71
Cash Growth	-35.18%	-87.76%	-3.20%	76.54%	-39.82%	355.96%
Receivables	1.05	0.8	2.05	1.55	1.09	2.12
Inventory	32.02	37.62	29.84	29.37	34.4	42.93
Prepaid Expenses	19.82	15.88	33.85	32.23	26.38	26.93
Restricted Cash	11.1	11.22	11.28	84.28	102.15	103.72
Other Current Assets	-	-	-	2.18	30.08	4.91
Total Current Assets	73.1	77.31	173.4	249.17	250.5	274.33
Property, Plant & Equipment	20.95	16.08	189.26	218.73	263.99	231.05
Long-Term Investments	6.17	6.17	4.13	4.04	3.81	24.24
Other Long-Term Assets	250.01	244.39	225.83	210.75	195.16	42.29
Total Assets	350.22	343.94	592.62	682.69	713.46	571.9
Accrued Expenses	0.16	0.16	0.06	0.2	-	-
Short-Term Debt	179.61	-	71.9	260.26	159	150
Current Portion of Long-Term Debt	8.83	8.57	86.61	143.23	146.71	164.85
Current Portion of Leases	9.6	7.32	11.29	28.72	54.86	93.72
Current Income Taxes Payable	0.04	0.03	0.02	0.02	-	-
Current Unearned Revenue	1.01	1.42	1.38	1.32	2.12	0.73
Other Current Liabilities	69.5	64.04	81.88	55.72	68.78	108.71
Total Current Liabilities	268.75	81.54	253.13	489.47	431.47	518.01
Long-Term Debt	0.58	158.12	211.56	0.55	0.54	1.13
Long-Term Leases	8.57	6.32	0.62	10.84	39.56	20.43
Pension & Post-Retirement Benefits	1.78	1.78	1.67	1.08	-	-
Other Long-Term Liabilities	4.58	3.79	0.08	7.12	4.66	3.93
Total Liabilities	284.26	251.55	467.07	509.05	476.23	543.5
Common Stock	469.98	469.98	469.98	469.98	469.98	469.98
Retained Earnings	-440.05	322.64	320.59	-511.28	-467.06	-499.77
Treasury Stock	-	-	-	-	-	-130.22
Comprehensive Income & Other	-9.19	-746.02	-709.44	169.01	185.93	157.03
Total Common Equity	20.74	46.59	81.13	127.71	188.85	-2.98
Minority Interest	45.23	45.8	44.42	45.93	48.38	31.38
Shareholders' Equity	65.97	92.39	125.54	173.64	237.23	28.41
Total Liabilities & Equity	350.22	343.94	592.62	682.69	713.46	571.9
Total Debt	207.19	180.34	381.98	443.59	400.66	430.12
Net Cash (Debt)	-198.08	-168.55	-285.6	-344.02	-344.26	-336.41
Net Cash Per Share	-0.15	-0.13	-0.22	-0.26	-0.28	-0.32
Filing Date Shares Outstanding	1,314	1,314	1,314	1,314	1,314	1,054
Total Common Shares Outstanding	1,314	1,314	1,314	1,314	1,314	1,054
Working Capital	-195.65	-4.23	-79.73	-240.3	-180.97	-243.68
Book Value Per Share	0.02	0.04	0.06	0.10	0.14	-0.00
Tangible Book Value	20.74	46.59	81.13	127.71	188.85	-2.98
Tangible Book Value Per Share	0.02	0.04	0.06	0.10	0.14	-0.00
Buildings	-	-	21.24	21.72	22.8	20.7
Machinery	-	14.65	14.71	16.14	17.89	18.6
Leasehold Improvements	-	42.44	41.49	40.86	58.16	73.01

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