HKG:0532 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	533.99	467.44	487.24	672.77	682.32
Short-Term Investments	132.76	105.08	131.17	137.54	100.56
Cash & Short-Term Investments	666.75	572.52	618.41	810.31	782.88
Cash Growth	16.46%	-7.42%	-23.68%	3.50%	11.29%
Accounts Receivable	1,093	1,032	1,009	1,221	1,402
Other Receivables	0.48	28.58	51.94	53.58	42.16
Receivables	1,093	1,060	1,061	1,274	1,444
Inventory	651.17	624.36	867.59	1,036	891.21
Total Current Assets	2,411	2,257	2,547	3,120	3,118
Property, Plant & Equipment	419.91	478.4	481.02	472.56	530.22
Long-Term Investments	99.35	107.13	61.48	64.08	53.91
Other Intangible Assets	13.34	13.87	15.88	15.27	15.36
Long-Term Deferred Tax Assets	31.84	33.24	42.24	38.02	22.63
Other Long-Term Assets	15.48	15.68	4.5	5.28	5.27
Total Assets	2,991	2,906	3,153	3,715	3,746
Accounts Payable	782.13	524.91	531.26	510.53	807.18
Accrued Expenses	-	145.56	200.18	287.27	308.91
Short-Term Debt	608.83	45.24	70.04	68.58	25.23
Current Portion of Long-Term Debt	-	522.68	537.81	828.31	540.07
Current Portion of Leases	15.13	16.91	18.8	13.9	23.05
Current Income Taxes Payable	18.42	8.39	7.2	29.83	19.16
Current Unearned Revenue	80.64	89.88	58.94	104.06	128.79
Other Current Liabilities	0.42	0.83	-	-	0.59
Total Current Liabilities	1,506	1,354	1,424	1,842	1,853
Long-Term Leases	40.78	54.18	37.78	12.59	25.1
Pension & Post-Retirement Benefits	2.63	3.01	6.36	5.52	10.12
Long-Term Deferred Tax Liabilities	5.9	5.28	9.44	-	-
Other Long-Term Liabilities	1.71	1.71	1.71	1.71	1.71
Total Liabilities	1,557	1,419	1,480	1,862	1,890
Common Stock	72.99	72.99	72.99	72.99	72.98
Additional Paid-In Capital	-	97.97	97.97	97.97	97.83
Retained Earnings	-	1,239	1,426	1,584	1,546
Comprehensive Income & Other	1,272	-5.82	-20.58	-9.46	43.15
Total Common Equity	1,345	1,404	1,577	1,745	1,760
Minority Interest	89.28	82.75	96.2	107.7	95.99
Shareholders' Equity	1,434	1,487	1,673	1,853	1,856
Total Liabilities & Equity	2,991	2,906	3,153	3,715	3,746
Total Debt	664.74	639.01	664.42	923.39	613.45
Net Cash (Debt)	2.01	-66.49	-46.02	-113.08	169.43
Net Cash Growth	-	-	-	-	-43.01%
Net Cash Per Share	0.00	-0.09	-0.06	-0.15	0.23
Filing Date Shares Outstanding	729.9	729.9	729.9	729.9	729.75
Total Common Shares Outstanding	729.9	729.9	729.9	729.9	729.75
Working Capital	905.42	902.92	1,123	1,278	1,265
Book Value Per Share	1.84	1.92	2.16	2.39	2.41
Tangible Book Value	1,332	1,390	1,561	1,730	1,745
Tangible Book Value Per Share	1.82	1.91	2.14	2.37	2.39
Land	-	75.45	80.48	79.89	88.05
Buildings	-	518.7	499.68	499.68	499.76
Machinery	-	627.59	644.78	647.74	660.52
Leasehold Improvements	-	169.88	170.23	168.63	164.2

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