Luen Thai Holdings Limited (HKG:0311)

Luen Thai Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	93.91	54.88	54.87	75.78	93.95	99.15
Short-Term Investments	24.11	22.76	25.29	24.68	32.14	41.01
Cash & Short-Term Investments	118.02	77.64	80.16	100.46	126.09	140.16
Cash Growth	18.16%	-3.14%	-20.21%	-20.33%	-10.04%	20.78%
Accounts Receivable	133.85	113.78	114.89	91.53	73.72	102.05
Receivables	133.85	123.36	123.43	99.77	82.03	114
Inventory	87.05	55.87	55.58	65.29	83.33	72.7
Restricted Cash	-	-	-	-	0.03	0.02
Other Current Assets	17.33	17.27	21	21.05	20.98	21.22
Total Current Assets	356.24	274.14	280.17	286.57	312.45	348.08
Property, Plant & Equipment	99.4	102.79	110.59	130.24	148.17	160.45
Long-Term Investments	4.17	4.68	5.08	5.89	6.23	2.14
Goodwill	-	42.32	42.32	42.32	42.32	42.32
Other Intangible Assets	42.56	0.58	1.24	1.91	2.58	3.25
Long-Term Deferred Tax Assets	4.22	4.29	3.39	3.46	2.34	2.43
Other Long-Term Assets	12.28	2.47	3.2	4.6	4.99	3.33
Total Assets	518.87	431.26	445.98	475	519.08	562

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	76.75	52.16	41.34	45.12	52.44	82.63
Accrued Expenses	25.14	24.66	32.21	25.06	37.28	34.23
Short-Term Debt	-	14.99	21.41	30.94	34.36	24.32
Current Portion of Long-Term Debt	165.4	102.54	122.09	111.16	111.37	120.45
Current Portion of Leases	2.84	2.85	3.2	3.41	5.37	4.83
Current Income Taxes Payable	9.36	6.25	10.63	7.29	6.88	8.28
Current Unearned Revenue	0.07	0.07	0.07	0.11	0.48	0.05
Other Current Liabilities	44.18	39.39	32.25	29.57	31.82	37.48
Total Current Liabilities	323.73	242.92	263.2	252.66	280	312.27
Long-Term Debt	-	-	-	0.56	2.78	5
Long-Term Leases	22.48	22.45	19.51	19.93	22.82	26.58
Pension & Post-Retirement Benefits	5.22	5.14	4.35	7.73	8.2	11.18
Long-Term Deferred Tax Liabilities	1.3	1.39	2.21	2.44	2.86	3.1
Other Long-Term Liabilities	0.38	-	-	-	-	-
Total Liabilities	353.11	271.91	289.28	283.31	316.66	358.12

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10.34	10.34	10.34	10.34	10.34	10.34
Retained Earnings	163.47	156.81	152.3	183.01	191.79	189.51
Comprehensive Income & Other	-8.17	-8.44	-6.69	-2.68	-0.88	1.61
Total Common Equity	165.64	158.72	155.95	190.67	201.24	201.46
Minority Interest	0.12	0.64	0.75	1.02	1.18	2.41
Shareholders' Equity	165.76	159.36	156.7	191.69	202.42	203.87
Total Liabilities & Equity	518.87	431.26	445.98	475	519.08	562

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	190.72	142.84	166.22	166	176.69	181.18
Net Cash (Debt)	-72.7	-65.2	-86.06	-65.54	-50.6	-41.03
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.07	-0.06	-0.08	-0.06	-0.05	-0.04
Filing Date Shares Outstanding	1,034	1,034	1,034	1,034	1,034	1,034
Total Common Shares Outstanding	1,034	1,034	1,034	1,034	1,034	1,034
Working Capital	32.51	31.22	16.97	33.92	32.45	35.82
Book Value Per Share	0.16	0.15	0.15	0.18	0.19	0.19
Tangible Book Value	123.08	115.82	112.39	146.44	156.35	155.9
Tangible Book Value Per Share	0.12	0.11	0.11	0.14	0.15	0.15
Land	-	104.98	104.73	108.17	106.21	107.4
Machinery	-	138.19	145.6	157.77	160.34	170.59
Construction In Progress	-	0.02	0.01	0	2.12	1.22
Leasehold Improvements	-	24.61	26.41	27.73	28	28.31

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 12, 2026

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