Sincere Watch (Hong Kong) Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Cash & Equivalents	12.85	29.11	65.48	89.72	108.52	43.62
Short-Term Investments	11.01	10.51	6.15	-	-	-
Trading Asset Securities	1.32	1.41	1.33	1.47	4.26	44.11
Cash & Short-Term Investments	25.19	41.03	72.96	91.19	112.78	87.73
Cash Growth	-66.63%	-43.76%	-19.99%	-19.14%	28.56%	-40.86%
Accounts Receivable	269	2.12	8.7	19.43	6.52	6.28
Other Receivables	16.13	10.77	9.2	20.53	10.01	6.03
Receivables	285.13	12.89	17.9	39.95	16.53	12.32
Inventory	35.11	44.5	178.13	280.81	307.34	364.54
Prepaid Expenses	3.93	7.86	15.48	14.38	31.92	3.87
Other Current Assets	7.32	-	-	8.13	8.78	26.83
Total Current Assets	356.68	106.27	284.47	434.46	477.35	495.27
Property, Plant & Equipment	5.2	6.53	29.9	44.44	53.44	51
Long-Term Investments	3.23	3.23	8.4	7.89	49.46	24.53
Long-Term Deferred Tax Assets	0.09	0.09	0.09	0.09	0.09	4.88
Other Long-Term Assets	447.36	439.75	453.28	531.32	585.69	662.75
Total Assets	812.56	555.88	776.15	1,018	1,166	1,238
Accounts Payable	376.58	64.05	57.96	31.14	19.79	39.74
Accrued Expenses	62.55	61.25	76	51.1	51.58	-
Short-Term Debt	-	-	-	-	80	15
Current Portion of Long-Term Debt	92.73	108.96	79.76	37.98	7.12	149.58
Current Portion of Leases	19.44	19.99	26.93	28.14	31.5	52.12
Current Income Taxes Payable	0.04	0.04	0.05	1.58	0.12	0.38
Current Unearned Revenue	4.19	4.27	4.4	1.18	1.12	1.07
Other Current Liabilities	40.39	32.51	25.09	19.11	20.68	88.15
Total Current Liabilities	595.92	291.08	270.19	170.21	211.93	346.04
Long-Term Debt	233.52	200.57	214.18	257.16	178.85	-
Long-Term Leases	22.41	31.48	50.33	43.96	49.6	34.79
Total Liabilities	851.85	523.13	534.7	471.33	440.38	380.82
Common Stock	120.88	120.88	120.88	120.88	120.88	120.88
Additional Paid-In Capital	963.55	963.55	963.55	963.55	963.55	963.55
Retained Earnings	-1,044	-968.02	-771.12	-496.62	-339.8	-129.5
Comprehensive Income & Other	-80.81	-84.5	-71.48	-40.93	-18.99	-97.33
Total Common Equity	-40.2	31.92	241.84	546.88	725.65	857.61
Minority Interest	0.92	0.84	-0.39	-	-	-
Shareholders' Equity	-39.29	32.76	241.44	546.88	725.65	857.61
Total Liabilities & Equity	812.56	555.88	776.15	1,018	1,166	1,238
Total Debt	368.1	361	371.2	367.23	347.08	251.49
Net Cash (Debt)	-342.91	-319.97	-298.25	-276.04	-234.3	-163.76
Net Cash Per Share	-0.06	-0.05	-0.05	-0.05	-0.04	-0.03
Filing Date Shares Outstanding	6,044	6,044	6,044	6,044	6,044	6,044
Total Common Shares Outstanding	6,044	6,044	6,044	6,044	6,044	6,044
Working Capital	-239.24	-184.81	14.27	264.25	265.42	149.24
Book Value Per Share	-0.01	0.01	0.04	0.09	0.12	0.14
Tangible Book Value	-40.2	31.92	241.84	546.88	725.65	857.61
Tangible Book Value Per Share	-0.01	0.01	0.04	0.09	0.12	0.14
Machinery	-	11.59	12.71	12.22	11.6	22.56
Leasehold Improvements	-	67.49	72.79	81.88	79.51	101.23

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