Hing Lee (HK) Holdings 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	34.96	26.95	33.51	38.05	45.97
Cash & Short-Term Investments	34.96	26.95	33.51	38.05	45.97
Cash Growth	29.72%	-19.58%	-11.93%	-17.24%	-34.71%
Accounts Receivable	16.54	30.57	21.56	22.12	37.92
Other Receivables	0.64	0.36	0.05	0.88	3.11
Receivables	17.17	30.93	21.61	23	41.03
Inventory	2.6	3.72	4.1	5.39	7.82
Other Current Assets	2.03	1.69	25.48	46.82	51.13
Total Current Assets	56.75	63.29	84.7	113.25	145.95
Property, Plant & Equipment	4.95	3.03	97.58	108.91	142.4
Total Assets	61.7	66.32	182.27	222.16	288.35
Accounts Payable	10.45	7.3	9.91	10.35	37.4
Accrued Expenses	1.45	2.3	2.55	2.92	3.68
Current Portion of Long-Term Debt	-	-	53.83	70.89	81.78
Current Portion of Leases	2.74	2.25	3.99	3.64	3.12
Current Unearned Revenue	0.75	1.15	1.29	8.45	4.63
Other Current Liabilities	0.15	1.15	1.05	0.84	0.9
Total Current Liabilities	15.54	14.15	72.62	97.08	131.51
Long-Term Leases	0.91	-	2.29	6.35	9.44
Pension & Post-Retirement Benefits	0.18	0.17	0.19	-	-
Total Liabilities	16.63	14.32	75.1	103.43	140.94
Common Stock	8.08	8.08	8.08	8.08	8.08
Additional Paid-In Capital	-	7.46	176.63	176.63	176.63
Retained Earnings	-	67.55	-63.7	-52.25	-25.45
Comprehensive Income & Other	36.99	-31.09	-13.83	-13.73	-11.85
Shareholders' Equity	45.08	52	107.17	118.73	147.41
Total Liabilities & Equity	61.7	66.32	182.27	222.16	288.35
Total Debt	3.65	2.25	60.1	80.88	94.33
Net Cash (Debt)	31.3	24.7	-26.59	-42.83	-48.35
Net Cash Growth	26.72%	-	-	-	-
Net Cash Per Share	0.04	0.03	-0.03	-0.05	-0.06
Filing Date Shares Outstanding	808.1	808.1	808.1	808.1	808.1
Total Common Shares Outstanding	808.1	808.1	808.1	808.1	808.1
Working Capital	41.21	49.14	12.08	16.17	14.45
Book Value Per Share	0.06	0.06	0.13	0.15	0.18
Tangible Book Value	45.08	52	107.17	118.73	147.41
Tangible Book Value Per Share	0.06	0.06	0.13	0.15	0.18
Buildings	-	-	97.4	98.81	107.96
Machinery	-	3.09	15.5	34.81	37.81
Leasehold Improvements	-	2.8	48.98	49.69	54.33

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