HKG:0524 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	4.54	5.85	6.12	18.03	30.66	33.24
Short-Term Investments	-	-	-	9	-	0.77
Trading Asset Securities	0.01	0.01	0.01	0.01	0.16	0.9
Cash & Short-Term Investments	4.55	5.86	6.13	27.04	30.83	34.9
Cash Growth	-30.75%	-4.45%	-77.33%	-12.28%	-11.68%	232.23%
Accounts Receivable	15.68	10.6	10.69	3.31	3.49	10.54
Other Receivables	-	1.99	2.5	2.82	4.85	-12.2
Receivables	15.68	12.59	13.19	6.13	8.35	10.97
Inventory	0.41	0.83	1.28	-	-	-
Prepaid Expenses	-	-	-	-	-	0.66
Other Current Assets	0.49	0.46	0.48	0.64	0.7	59.94
Total Current Assets	21.13	19.75	21.07	33.81	39.87	106.48
Property, Plant & Equipment	2.6	0.28	0.08	0.09	0.07	0.15
Long-Term Investments	1.73	1.87	1.89	1.91	2.06	2.12
Other Long-Term Assets	45.23	45.19	50.57	51.8	53.44	-
Total Assets	70.68	67.08	73.61	87.61	95.44	108.75
Accounts Payable	22.27	9.47	11.49	4.2	8.33	7.28
Accrued Expenses	-	-	-	-	-	20.36
Short-Term Debt	47.38	37.98	14.71	5.71	5.71	15.71
Current Portion of Leases	3.38	3.24	3.4	1.38	0.79	0.93
Current Income Taxes Payable	0.1	0	0.06	0.13	0.08	-
Current Unearned Revenue	-	-	-	-	-	29.16
Other Current Liabilities	-	12	10.95	11.29	13.38	13.1
Total Current Liabilities	73.13	62.7	40.61	22.7	28.3	86.54
Long-Term Leases	2.77	2.75	4.82	1.44	-	0.71
Long-Term Deferred Tax Liabilities	0.2	0.2	0.2	0.2	0.2	-
Other Long-Term Liabilities	0.4	0.4	0.4	0.4	0.4	-
Total Liabilities	76.5	66.04	46.03	24.74	28.89	87.26
Common Stock	19.69	19.69	19.69	19.69	15.76	10.5
Additional Paid-In Capital	444.12	444.12	444.12	444.12	431.53	373.79
Retained Earnings	-463.17	-456.58	-431.06	-395.8	-372.6	-351.41
Comprehensive Income & Other	-6.46	-6.19	-5.17	-5.14	-4.75	-8.14
Total Common Equity	-5.81	1.04	27.58	62.87	69.94	24.75
Minority Interest	-	-	-	-	-3.39	-3.25
Shareholders' Equity	-5.81	1.04	27.58	62.87	66.55	21.5
Total Liabilities & Equity	70.68	67.08	73.61	87.61	95.44	108.75
Total Debt	53.53	43.97	22.93	8.53	6.5	17.36
Net Cash (Debt)	-48.98	-38.11	-16.8	18.51	24.32	17.55
Net Cash Growth	-	-	-	-23.89%	38.61%	280.32%
Net Cash Per Share	-0.25	-0.19	-0.09	0.12	0.20	0.17
Filing Date Shares Outstanding	196.93	196.93	196.93	196.93	157.54	105.03
Total Common Shares Outstanding	196.93	196.93	196.93	196.93	157.54	105.03
Working Capital	-52	-42.95	-19.54	11.11	11.57	19.93
Book Value Per Share	-0.03	0.01	0.14	0.32	0.44	0.24
Tangible Book Value	-5.81	1.04	27.58	62.87	69.94	24.75
Tangible Book Value Per Share	-0.03	0.01	0.14	0.32	0.44	0.24
Machinery	-	26.5	27.27	26.68	26.38	27.43
Leasehold Improvements	-	0.05	0.05	0.05	0.19	0.14

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.