Hing Lee (HK) Holdings 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	31.78	26.95	33.51	38.05	45.97	70.42
Cash & Short-Term Investments	31.78	26.95	33.51	38.05	45.97	70.42
Cash Growth	-18.37%	-19.58%	-11.93%	-17.24%	-34.71%	17.85%
Accounts Receivable	26.92	30.57	21.56	22.12	37.92	27.78
Other Receivables	0.25	0.36	0.05	0.88	3.11	2.98
Receivables	27.17	30.93	21.61	23	41.03	30.76
Inventory	3.13	3.72	4.1	5.39	7.82	11.34
Other Current Assets	3.49	1.69	25.48	46.82	51.13	33.34
Total Current Assets	65.57	63.29	84.7	113.25	145.95	145.86
Property, Plant & Equipment	0.99	3.03	97.58	108.91	142.4	148.5
Total Assets	66.56	66.32	182.27	222.16	288.35	294.35
Accounts Payable	8.01	7.3	9.91	10.35	37.4	46.41
Accrued Expenses	-	2.3	2.55	2.92	3.68	4.28
Current Portion of Long-Term Debt	-	-	53.83	70.89	81.78	69.82
Current Portion of Leases	0.2	2.25	3.99	3.64	3.12	3.32
Current Unearned Revenue	-	1.15	1.29	8.45	4.63	3.46
Other Current Liabilities	3.34	1.15	1.05	0.84	0.9	1.89
Total Current Liabilities	11.55	14.15	72.62	97.08	131.51	129.18
Long-Term Leases	-	-	2.29	6.35	9.44	12.19
Pension & Post-Retirement Benefits	0.17	0.17	0.19	-	-	-
Total Liabilities	11.72	14.32	75.1	103.43	140.94	141.37
Common Stock	8.08	8.08	8.08	8.08	8.08	8.08
Additional Paid-In Capital	7.46	7.46	176.63	176.63	176.63	176.63
Retained Earnings	70.15	67.55	-63.7	-52.25	-25.45	-19.93
Comprehensive Income & Other	-30.85	-31.09	-13.83	-13.73	-11.85	-11.8
Total Common Equity	54.84	52	107.17	118.73	147.41	152.98
Shareholders' Equity	54.84	52	107.17	118.73	147.41	152.98
Total Liabilities & Equity	66.56	66.32	182.27	222.16	288.35	294.35
Total Debt	0.2	2.25	60.1	80.88	94.33	85.34
Net Cash (Debt)	31.58	24.7	-26.59	-42.83	-48.35	-14.92
Net Cash Per Share	0.04	0.03	-0.03	-0.05	-0.06	-0.02
Filing Date Shares Outstanding	808.1	808.1	808.1	808.1	808.1	808.1
Total Common Shares Outstanding	808.1	808.1	808.1	808.1	808.1	808.1
Working Capital	54.02	49.14	12.08	16.17	14.45	16.68
Book Value Per Share	0.07	0.06	0.13	0.15	0.18	0.19
Tangible Book Value	54.84	52	107.17	118.73	147.41	152.98
Tangible Book Value Per Share	0.07	0.06	0.13	0.15	0.18	0.19
Buildings	-	-	97.4	98.81	107.96	104.88
Machinery	-	3.09	15.5	34.81	37.81	37.3
Leasehold Improvements	-	2.8	48.98	49.69	54.33	52.73

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