Tian An Medicare 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	743.02	885.43	890.27	589.05	576.49
Short-Term Investments	1.27	0.76	0.26	0.32	5.1
Trading Asset Securities	28.84	-	-	-	-
Cash & Short-Term Investments	773.13	886.19	890.53	589.37	581.59
Cash Growth	-12.76%	-0.49%	51.10%	1.34%	-6.43%
Accounts Receivable	165.67	142.92	82.61	72.14	148.4
Receivables	165.67	142.92	82.61	72.14	148.4
Inventory	241.51	288.29	307.19	312.61	147.37
Finance Div. Loans and Leases	0.88	0.88	0.88	-	-
Prepaid Expenses	33.16	28.03	39.82	22.2	29.27
Other Current Assets	83.58	12.91	39.74	37.12	75.46
Total Current Assets	1,298	1,359	1,361	1,033	982.1
Property, Plant & Equipment	1,747	1,628	1,604	1,611	1,694
Long-Term Investments	2.15	2.15	2.15	0.8	0.8
Other Long-Term Assets	501.76	549.28	569.32	587.2	812.53
Total Assets	3,549	3,539	3,536	3,233	3,490
Accounts Payable	139.35	183.44	227.52	159.99	230.49
Accrued Expenses	0.36	0.38	-	-	-
Current Portion of Long-Term Debt	457.5	390.82	312.56	544.82	603.53
Current Portion of Leases	0.81	1.54	3.39	5.98	2.78
Current Income Taxes Payable	119.81	113.33	120.61	111.54	120.6
Current Unearned Revenue	56.62	70.1	54.07	42.5	42.69
Other Current Liabilities	409.29	406.09	426.72	265.9	338.38
Total Current Liabilities	1,184	1,166	1,145	1,131	1,338
Long-Term Debt	434.17	442.57	447.49	388.79	316.41
Long-Term Leases	-	1.28	35.19	39.44	49.24
Long-Term Unearned Revenue	4.97	5.87	8.1	10.28	14.38
Long-Term Deferred Tax Liabilities	29.27	28.64	28.95	71.77	53.79
Other Long-Term Liabilities	37.65	-	-	12.69	-
Total Liabilities	1,690	1,644	1,665	1,654	1,772
Common Stock	10.81	10.86	10.86	7.24	7.24
Additional Paid-In Capital	635.64	659.04	2,927	2,621	2,621
Retained Earnings	1,918	1,945	-341.46	-441.26	-317.69
Treasury Stock	-0.13	-0.87	-	-	-
Comprehensive Income & Other	-790.66	-794.56	-788.2	-632.41	-610.33
Total Common Equity	1,773	1,819	1,808	1,555	1,701
Minority Interest	85.38	75.86	63.39	23.92	16.66
Shareholders' Equity	1,859	1,895	1,872	1,579	1,717
Total Liabilities & Equity	3,549	3,539	3,536	3,233	3,490
Total Debt	892.47	836.21	798.63	979.02	971.96
Net Cash (Debt)	-119.34	49.98	91.9	-389.66	-390.37
Net Cash Growth	-	-45.61%	-	-	-
Net Cash Per Share	-0.11	0.05	0.10	-0.54	-0.54
Filing Date Shares Outstanding	1,081	1,085	1,086	724	724
Total Common Shares Outstanding	1,081	1,085	1,086	724	724
Working Capital	114.18	193.51	215.9	-97.29	-356.38
Book Value Per Share	1.64	1.68	1.67	2.15	2.35
Tangible Book Value	1,773	1,819	1,808	1,555	1,701
Tangible Book Value Per Share	1.64	1.68	1.67	2.15	2.35
Land	3.91	3.91	3.91	21.21	22.18
Buildings	1,595	1,572	1,559	1,064	1,171
Machinery	638.77	583.89	575.47	519.88	495.41
Construction In Progress	414	285.44	163.62	118.71	114.13
Leasehold Improvements	36.1	23.29	39.24	16.86	0.45

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