Shenzhen Investment 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	4,813	5,786	11,054	11,668	19,917
Short-Term Investments	9.2	29.98	48.44	-	-
Trading Asset Securities	333.35	0.89	0.91	1.59	1.81
Cash & Short-Term Investments	5,155	5,817	11,103	11,670	19,919
Cash Growth	-11.38%	-47.61%	-4.86%	-41.41%	23.20%
Accounts Receivable	1,552	1,449	2,263	2,180	957.12
Other Receivables	3,126	3,047	2,918	3,828	4,892
Receivables	6,912	6,430	6,771	6,574	6,815
Inventory	68,388	93,617	91,992	82,950	69,679
Prepaid Expenses	4,019	4,370	3,481	259.12	299.42
Restricted Cash	3,482	5,984	3,341	-	-
Other Current Assets	-	-	-	1,693	2,858
Total Current Assets	87,956	116,217	116,688	103,146	99,570
Property, Plant & Equipment	8,450	6,663	6,182	6,160	6,347
Long-Term Investments	8,655	10,348	13,415	14,557	15,582
Goodwill	19.84	19.84	19.91	20.2	22.07
Other Intangible Assets	824.39	823.49	867.22	702.77	496.04
Long-Term Deferred Tax Assets	2,721	3,520	3,514	3,335	2,954
Other Long-Term Assets	35,973	33,578	33,728	35,547	37,794
Total Assets	144,600	171,170	174,413	163,468	162,766
Accounts Payable	7,792	5,803	6,048	6,335	4,408
Accrued Expenses	14,384	18,733	21,425	19,978	20,158
Short-Term Debt	-	167.56	-	10,292	3,612
Current Portion of Long-Term Debt	27,212	36,852	34,990	32,851	25,558
Current Portion of Leases	82.45	93.91	105.49	62.61	140.84
Current Income Taxes Payable	905.37	696.28	983.05	1,177	1,732
Current Unearned Revenue	11,550	28,229	24,303	6,328	13,892
Other Current Liabilities	3,127	4,341	5,871	-	-
Total Current Liabilities	65,052	94,917	93,726	77,025	69,501
Long-Term Debt	28,804	23,502	25,598	28,838	29,196
Long-Term Leases	198.06	252.26	269.43	128.18	254.87
Long-Term Unearned Revenue	17.51	19.76	20.22	19.71	22.15
Long-Term Deferred Tax Liabilities	7,091	7,159	7,320	7,900	9,422
Total Liabilities	101,162	125,850	126,933	113,911	108,396
Common Stock	22,072	22,072	22,072	22,072	22,072
Retained Earnings	14,979	19,343	21,789	23,296	22,082
Comprehensive Income & Other	-1,410	-2,865	-1,523	-735.78	5,021
Total Common Equity	35,641	38,550	42,338	44,632	49,175
Minority Interest	7,797	6,770	5,143	4,925	5,195
Shareholders' Equity	43,438	45,320	47,480	49,557	54,370
Total Liabilities & Equity	144,600	171,170	174,413	163,468	162,766
Total Debt	56,296	60,867	60,963	72,173	58,761
Net Cash (Debt)	-51,141	-55,051	-49,860	-60,503	-38,842
Net Cash Per Share	-5.75	-6.19	-5.60	-6.80	-4.36
Filing Date Shares Outstanding	8,899	8,899	8,899	8,899	8,900
Total Common Shares Outstanding	8,899	8,899	8,899	8,899	8,900
Working Capital	22,904	21,301	22,962	26,121	30,069
Book Value Per Share	4.01	4.33	4.76	5.02	5.53
Tangible Book Value	34,796	37,707	41,450	43,909	48,657
Tangible Book Value Per Share	3.91	4.24	4.66	4.93	5.47
Land	8,381	7,488	7,444	-	-
Buildings	-	-	-	6,861	5,039
Machinery	1,152	1,002	840.42	666.67	636.06
Construction In Progress	2,574	1,481	807.79	1,123	2,730

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