HKG:0524 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	3.3	5.85	6.12	18.03	30.66
Short-Term Investments	-	-	-	9	-
Trading Asset Securities	0.01	0.01	0.01	0.01	0.16
Cash & Short-Term Investments	3.31	5.86	6.13	27.04	30.83
Cash Growth	-43.46%	-4.45%	-77.33%	-12.28%	-11.68%
Accounts Receivable	16.98	10.6	10.69	3.31	3.49
Other Receivables	1.46	1.99	2.5	2.82	4.85
Receivables	18.44	12.59	13.19	6.13	8.35
Inventory	0.42	0.83	1.28	-	-
Other Current Assets	0.23	0.46	0.48	0.64	0.7
Total Current Assets	22.39	19.75	21.07	33.81	39.87
Property, Plant & Equipment	0.19	0.28	0.08	0.09	0.07
Long-Term Investments	1.68	1.87	1.89	1.91	2.06
Other Long-Term Assets	33.21	45.19	50.57	51.8	53.44
Total Assets	57.47	67.08	73.61	87.61	95.44
Accounts Payable	7.17	9.47	11.49	4.2	8.33
Accrued Expenses	16.22	-	-	-	-
Short-Term Debt	58.16	37.98	14.71	5.71	5.71
Current Portion of Leases	3.48	3.24	3.4	1.38	0.79
Current Income Taxes Payable	-	0	0.06	0.13	0.08
Current Unearned Revenue	0.44	-	-	-	-
Other Current Liabilities	0.5	12	10.95	11.29	13.38
Total Current Liabilities	85.96	62.7	40.61	22.7	28.3
Long-Term Leases	1.01	2.75	4.82	1.44	-
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
Total Liabilities	87.18	66.04	46.03	24.74	28.89
Common Stock	19.69	19.69	19.69	19.69	15.76
Additional Paid-In Capital	-	444.12	444.12	444.12	431.53
Retained Earnings	-	-456.58	-431.06	-395.8	-372.6
Comprehensive Income & Other	-49.4	-6.19	-5.17	-5.14	-4.75
Total Common Equity	-29.71	1.04	27.58	62.87	69.94
Minority Interest	-	-	-	-	-3.39
Shareholders' Equity	-29.71	1.04	27.58	62.87	66.55
Total Liabilities & Equity	57.47	67.08	73.61	87.61	95.44
Total Debt	62.64	43.97	22.93	8.53	6.5
Net Cash (Debt)	-59.33	-38.11	-16.8	18.51	24.32
Net Cash Growth	-	-	-	-23.89%	38.61%
Net Cash Per Share	-0.30	-0.19	-0.09	0.12	0.20
Filing Date Shares Outstanding	196.93	196.93	196.93	196.93	157.54
Total Common Shares Outstanding	196.93	196.93	196.93	196.93	157.54
Working Capital	-63.57	-42.95	-19.54	11.11	11.57
Book Value Per Share	-0.15	0.01	0.14	0.32	0.44
Tangible Book Value	-29.71	1.04	27.58	62.87	69.94
Tangible Book Value Per Share	-0.15	0.01	0.14	0.32	0.44
Machinery	-	26.5	27.27	26.68	26.38
Leasehold Improvements	-	0.05	0.05	0.05	0.19

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.