PAX Global Technology 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	3,907	3,084	2,864	3,160	3,533
Short-Term Investments	230.5	221.07	55.86	29.87	18.61
Cash & Short-Term Investments	4,138	3,305	2,919	3,190	3,552
Cash Growth	25.21%	13.20%	-8.48%	-10.18%	-7.22%
Accounts Receivable	2,805	2,544	2,680	2,350	2,082
Other Receivables	69.64	151.26	98.54	60.71	29.13
Receivables	2,874	2,695	2,778	2,411	2,111
Inventory	1,404	1,587	1,826	2,527	2,071
Prepaid Expenses	-	35.06	12.53	25.66	24.4
Restricted Cash	36.34	24.21	17.09	16.74	22.09
Other Current Assets	78.88	-	-	2.14	9.66
Total Current Assets	8,532	7,646	7,553	8,173	7,790
Property, Plant & Equipment	1,130	1,147	1,190	999.94	768
Long-Term Investments	92.49	133.08	132.27	137.76	147.68
Goodwill	-	65.96	14.24	13.8	14.58
Other Intangible Assets	131.04	51.87	10.55	13.96	18.33
Long-Term Deferred Tax Assets	90.68	121.86	168.55	147.12	77.62
Other Long-Term Assets	3.38	3.94	6.31	4.74	4.97
Total Assets	9,979	9,170	9,075	9,490	8,821
Accounts Payable	1,199	935.19	887.13	1,699	1,668
Accrued Expenses	353.19	355.25	383.84	340.81	327.07
Current Portion of Leases	15.32	18.22	23.89	20.35	31.95
Current Income Taxes Payable	16.88	18.96	12.97	100.49	58.54
Current Unearned Revenue	-	-	-	90.5	60.6
Other Current Liabilities	310.33	187.53	180.98	258.47	117.2
Total Current Liabilities	1,895	1,515	1,489	2,510	2,264
Long-Term Leases	46.15	69.61	84.33	65.58	84.65
Long-Term Deferred Tax Liabilities	21.63	15.46	5.5	8.31	11.39
Other Long-Term Liabilities	44.4	4.69	10.51	1.09	5.14
Total Liabilities	2,007	1,605	1,589	2,584	2,365
Common Stock	106.08	106.17	107.02	107.97	109.3
Additional Paid-In Capital	-	1,010	1,058	1,128	1,191
Retained Earnings	-	7,183	6,971	6,246	5,327
Treasury Stock	-	-	-0.04	-	-0.37
Comprehensive Income & Other	7,825	-769.55	-678.42	-547.58	-140.06
Total Common Equity	7,931	7,530	7,458	6,935	6,487
Minority Interest	41.47	34.53	28.11	-28.98	-30.57
Shareholders' Equity	7,972	7,565	7,486	6,906	6,457
Total Liabilities & Equity	9,979	9,170	9,075	9,490	8,821
Total Debt	61.47	87.83	108.22	85.93	116.6
Net Cash (Debt)	4,076	3,217	2,811	3,104	3,435
Net Cash Growth	26.72%	14.43%	-9.44%	-9.63%	-7.30%
Net Cash Per Share	3.79	2.97	2.56	2.80	3.03
Filing Date Shares Outstanding	1,060	1,062	1,070	1,080	1,089
Total Common Shares Outstanding	1,060	1,062	1,070	1,080	1,089
Working Capital	6,637	6,131	6,064	5,664	5,527
Book Value Per Share	7.48	7.09	6.97	6.42	5.96
Tangible Book Value	7,800	7,412	7,433	6,907	6,454
Tangible Book Value Per Share	7.36	6.98	6.95	6.40	5.93
Land	-	841.81	868.92	7.91	8.55
Machinery	-	185.41	155.02	128.22	124.69
Construction In Progress	-	-	-	724.02	429.93
Leasehold Improvements	-	93.96	56.04	15.78	17.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.