HKG:0346 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	63.72	278.68	226.19	133.21	394.13
Cash & Short-Term Investments	63.72	278.68	226.19	133.21	394.13
Cash Growth	-77.13%	23.21%	69.80%	-66.20%	-9.62%
Accounts Receivable	1,105	457.76	1,015	722.29	664.89
Other Receivables	-	14.78	20.36	79.03	35.17
Receivables	1,105	472.53	1,035	801.32	700.06
Inventory	291.12	119.32	377.74	1,221	1,750
Prepaid Expenses	45.35	2.31	3.35	2.47	9.54
Restricted Cash	-	-	-	303.41	-
Other Current Assets	-	0.93	0.98	6.48	1.04
Total Current Assets	1,505	873.76	1,644	2,468	2,855
Property, Plant & Equipment	1,247	1,857	1,970	1,979	1,576
Goodwill	-	51.42	51.42	51.42	51.42
Other Intangible Assets	-	6.73	6.73	6.73	6.73
Other Long-Term Assets	11.37	11.54	12.59	13.63	19.89
Total Assets	2,764	2,800	3,685	4,518	4,509
Accounts Payable	1,143	468.73	938.65	1,362	315.59
Accrued Expenses	25.21	31.42	135.47	16.76	-
Short-Term Debt	254.32	159.69	405.59	700.03	427.35
Current Portion of Long-Term Debt	-	-	445.36	273.05	270.3
Current Portion of Leases	5.24	5.07	7.84	6.94	5.27
Current Income Taxes Payable	1.58	1.91	0.32	-	5.2
Current Unearned Revenue	11.96	75.97	39.48	479.52	1,566
Other Current Liabilities	65.67	74.09	94.8	762.22	317.15
Total Current Liabilities	1,507	816.88	2,067	3,601	2,907
Long-Term Debt	445.18	444.65	-	172.7	172.7
Long-Term Leases	43.12	61.35	86.82	94.51	79.64
Long-Term Deferred Tax Liabilities	10.55	10.18	10.72	11.25	12.43
Other Long-Term Liabilities	176.93	166.76	171.35	169.78	169.86
Total Liabilities	2,183	1,500	2,336	4,049	3,341
Common Stock	440.04	440.04	440.04	366.7	366.7
Additional Paid-In Capital	-	8,724	8,724	8,516	8,516
Retained Earnings	-	-7,496	-7,545	-7,758	-7,560
Comprehensive Income & Other	115.53	-419.8	-327.48	-351.45	-286.61
Total Common Equity	555.57	1,248	1,291	772.96	1,036
Minority Interest	25.65	52.22	57.25	-303.53	131.08
Shareholders' Equity	581.22	1,300	1,348	469.43	1,167
Total Liabilities & Equity	2,764	2,800	3,685	4,518	4,509
Total Debt	747.85	670.76	945.6	1,247	955.26
Net Cash (Debt)	-684.13	-392.09	-719.41	-1,114	-561.13
Net Cash Per Share	-0.62	-0.36	-0.66	-1.22	-0.61
Filing Date Shares Outstanding	1,100	1,100	1,100	916.75	916.75
Total Common Shares Outstanding	1,100	1,100	1,100	916.75	916.75
Working Capital	-1.56	56.88	-423.96	-1,133	-51.51
Book Value Per Share	0.51	1.13	1.17	0.84	1.13
Tangible Book Value	555.57	1,190	1,233	714.81	978.22
Tangible Book Value Per Share	0.51	1.08	1.12	0.78	1.07
Buildings	-	168.44	173.4	178.45	190.61
Machinery	-	46.39	45.13	46.26	39.28
Construction In Progress	-	108.77	111.59	114.19	123.98
Leasehold Improvements	-	4.61	4.65	7.15	7.07

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