Genesis Scale 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	208.84	147.26	258.07	162.95	297.19
Short-Term Investments	2.67	1.41	2.16	24.86	24.94
Trading Asset Securities	-	5.3	5.48	2.02	21.49
Cash & Short-Term Investments	211.51	153.97	265.7	189.82	343.62
Cash Growth	37.37%	-42.05%	39.98%	-44.76%	127.92%
Accounts Receivable	47.55	71.24	105.27	36.76	61.75
Other Receivables	16.35	17.1	17.34	16.56	20.29
Receivables	63.9	88.33	122.62	53.33	82.04
Inventory	14.58	16.69	12.67	14.86	8.54
Prepaid Expenses	0.95	1.51	1.13	1.78	2.38
Restricted Cash	0.19	-	-	-	-
Other Current Assets	3.23	10.41	48.27	12.51	12.88
Total Current Assets	294.35	270.93	450.38	272.3	449.46
Property, Plant & Equipment	578.79	513.57	512.21	511.21	534.77
Long-Term Investments	2,266	2,313	724.12	1,081	1,655
Other Intangible Assets	-	0	0.07	0.23	0.41
Other Long-Term Assets	101.22	104.05	141.48	115.31	130.36
Total Assets	3,240	3,202	1,828	1,980	2,770
Accounts Payable	34.27	36.85	54.72	28.78	48.84
Accrued Expenses	19.63	7.67	12.26	9.58	18.75
Current Portion of Long-Term Debt	16.06	21.2	21.92	22.56	24.49
Current Portion of Leases	-	-	-	0.32	0.61
Current Income Taxes Payable	2.9	-	12.17	12.23	13.05
Current Unearned Revenue	7.77	6.92	7.12	18.72	20.52
Other Current Liabilities	41.21	22.4	54.85	29.49	60.72
Total Current Liabilities	121.85	95.05	163.03	121.68	186.97
Long-Term Debt	49.48	69.29	93.58	118.86	153.51
Long-Term Leases	-	-	-	-	0.35
Long-Term Deferred Tax Liabilities	303.95	309.91	77.8	122.15	204.85
Total Liabilities	475.27	474.25	334.4	362.69	545.67
Common Stock	61.57	61.57	61.57	61.57	61.57
Additional Paid-In Capital	-	2,443	2,443	2,443	2,443
Retained Earnings	-746	-714.24	-666.82	-504.23	-436.32
Comprehensive Income & Other	3,449	936.56	-344.4	-383.83	155.31
Total Common Equity	2,765	2,727	1,494	1,617	2,224
Minority Interest	-	-	-	-	-0
Shareholders' Equity	2,765	2,727	1,494	1,617	2,224
Total Liabilities & Equity	3,240	3,202	1,828	1,980	2,770
Total Debt	65.54	90.49	115.5	141.74	178.95
Net Cash (Debt)	145.97	63.48	150.2	48.08	164.67
Net Cash Growth	129.95%	-57.74%	212.39%	-70.80%	-
Net Cash Per Share	0.24	0.10	0.24	0.08	0.27
Filing Date Shares Outstanding	615.69	615.69	615.69	615.69	615.69
Total Common Shares Outstanding	615.69	615.69	615.69	615.69	615.69
Working Capital	172.51	175.87	287.34	150.62	262.49
Book Value Per Share	4.49	4.43	2.43	2.63	3.61
Tangible Book Value	2,765	2,727	1,494	1,617	2,224
Tangible Book Value Per Share	4.49	4.43	2.43	2.63	3.61
Machinery	-	18.11	12.4	19.07	31.98
Construction In Progress	-	442.55	443.08	437.4	446.91

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