Glory Sun Land Group Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	13.87	3.27	23.84	88.42	341.39	735.5
Trading Asset Securities	124.15	109.55	1,437	-	-	-
Cash & Short-Term Investments	138.02	112.81	1,461	88.42	341.39	735.5
Cash Growth	-90.35%	-92.28%	1551.91%	-74.10%	-53.58%	-8.19%
Accounts Receivable	21.5	20.97	41.97	53.31	111.1	145.76
Other Receivables	577.72	565.09	500.47	547.26	826.61	513.62
Receivables	599.21	586.06	542.44	600.57	937.71	659.39
Inventory	4,189	4,110	4,723	8,087	10,017	10,875
Prepaid Expenses	686.71	658.79	725.5	1,739	1,985	2,389
Other Current Assets	949.28	1,027	2,280	2,591	2,664	2,668
Total Current Assets	6,562	6,495	9,732	13,106	15,945	17,327
Property, Plant & Equipment	11.78	15.82	57.07	84.05	137.12	159.45
Long-Term Investments	0.1	0.2	0.35	1.25	4.69	7.48
Other Intangible Assets	-	-	-	-	-	101.35
Long-Term Deferred Tax Assets	-	-	-	-	-	36.66
Other Long-Term Assets	697.4	736.22	1,358	3,493	4,063	6,035
Total Assets	7,271	7,247	11,148	16,685	20,150	23,667
Accounts Payable	1,457	1,425	1,408	2,530	2,940	2,978
Accrued Expenses	944.7	784.29	693.38	678.36	352.55	377.13
Short-Term Debt	93.51	154.89	860.01	901.99	742.63	1,092
Current Portion of Long-Term Debt	3,442	3,207	3,093	4,666	4,661	4,329
Current Portion of Leases	-	0.3	1.4	5.58	5.92	6.52
Current Income Taxes Payable	53.21	52.96	66.92	97.61	101.88	206.55
Current Unearned Revenue	963.48	967.92	906.03	2,386	2,352	1,924
Other Current Liabilities	352.55	432.29	1,110	895	746.85	703.58
Total Current Liabilities	7,307	7,026	8,138	12,160	11,903	11,616
Long-Term Debt	298.44	303.48	717.09	913.54	2,663	6,943
Long-Term Leases	-	11.27	24.27	47.06	58.63	53.43
Long-Term Deferred Tax Liabilities	2.35	2.32	42.17	371.03	643.52	812.69
Other Long-Term Liabilities	-	-	-	-	89.63	163.75
Total Liabilities	7,607	7,343	8,922	13,492	15,358	19,589
Common Stock	5.46	5.46	5.46	5.46	273.01	227.51
Additional Paid-In Capital	3,417	3,417	3,417	3,417	3,417	3,190
Retained Earnings	-4,559	-4,392	-2,916	-2,315	-1,795	-1,192
Comprehensive Income & Other	661.6	664.26	682.86	568.19	1,059	57.28
Total Common Equity	-475.2	-305.15	1,189	1,676	2,954	2,283
Minority Interest	139.26	209.38	1,036	1,517	1,838	1,795
Shareholders' Equity	-335.94	-95.76	2,226	3,193	4,792	4,077
Total Liabilities & Equity	7,271	7,247	11,148	16,685	20,150	23,667
Total Debt	3,834	3,677	4,696	6,534	8,132	12,424
Net Cash (Debt)	-3,696	-3,565	-3,235	-6,445	-7,791	-11,688
Net Cash Per Share	-33.85	-32.64	-29.63	-59.02	-74.65	-128.44
Filing Date Shares Outstanding	109.2	109.2	109.2	109.2	109.2	91
Total Common Shares Outstanding	109.2	109.2	109.2	109.2	109.2	91
Working Capital	-744.42	-530.93	1,593	946.03	4,042	5,711
Book Value Per Share	-4.35	-2.79	10.89	15.35	27.05	25.09
Tangible Book Value	-475.2	-305.15	1,189	1,676	2,954	2,182
Tangible Book Value Per Share	-4.35	-2.79	10.89	15.35	27.05	23.97
Buildings	-	5.05	5.15	5.17	5.76	5.54
Machinery	-	1.76	7.82	9.55	9.32	15.99
Construction In Progress	-	4.97	-	-	-	39.81
Leasehold Improvements	-	4.45	40.31	66.96	68.32	80.52

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