Ares Asia Limited (HKG:0645)

Ares Asia Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1	1.9	6.26	7.7	8.78	9.17
Cash & Short-Term Investments	1	1.9	6.26	7.7	8.78	9.17
Cash Growth	-63.81%	-69.64%	-18.67%	-12.37%	-4.24%	-12.04%
Accounts Receivable	2.47	2.47	-	9.85	14.63	31.86
Other Receivables	0.1	0.09	0.35	0.35	0.11	3.11
Receivables	2.57	2.56	0.35	10.2	14.74	34.97
Prepaid Expenses	0.04	0.01	0	0	0.2	0.01
Other Current Assets	0.44	0.44	1.18	1.25	0.9	3.4
Total Current Assets	4.05	4.91	7.79	19.15	24.62	47.54
Property, Plant & Equipment	0.14	0.22	0.03	0.02	0	0.06
Total Assets	4.19	5.13	7.82	19.17	24.62	47.6
Accounts Payable	-	-	-	9.83	13.59	-
Short-Term Debt	-	-	-	-	-	31.12
Current Portion of Leases	0.14	0.18	0.14	0.29	0.28	0.14
Current Income Taxes Payable	-	-	0.05	0.05	-	-
Current Unearned Revenue	-	-	-	-	1	2.5
Other Current Liabilities	0.17	0.31	0.67	0.72	0.45	2.66
Total Current Liabilities	0.31	0.49	0.87	10.9	15.31	36.42
Long-Term Leases	-	0.04	-	0.05	0.26	-
Total Liabilities	0.31	0.53	0.87	10.95	15.57	36.42
Common Stock	0.66	0.66	0.66	0.66	0.66	0.66
Additional Paid-In Capital	21.87	21.87	21.87	21.87	21.87	21.87
Retained Earnings	-18.65	-17.93	-15.57	-14.3	-13.48	-11.35
Shareholders' Equity	3.88	4.6	6.96	8.22	9.05	11.18
Total Liabilities & Equity	4.19	5.13	7.82	19.17	24.62	47.6
Total Debt	0.14	0.22	0.14	0.34	0.53	31.26
Net Cash (Debt)	0.86	1.68	6.12	7.35	8.25	-22.09
Net Cash Growth	-64.08%	-72.56%	-16.79%	-10.84%	-	-
Net Cash Per Share	0.00	0.00	0.01	0.01	0.02	-0.04
Filing Date Shares Outstanding	513.18	513.18	513.18	513.18	513.18	513.18
Total Common Shares Outstanding	513.18	513.18	513.18	513.18	513.18	513.18
Working Capital	3.74	4.42	6.93	8.26	9.31	11.12
Book Value Per Share	0.01	0.01	0.01	0.02	0.02	0.02
Tangible Book Value	3.88	4.6	6.96	8.22	9.05	11.18
Tangible Book Value Per Share	0.01	0.01	0.01	0.02	0.02	0.02
Machinery	-	0.21	0.21	0.19	0.16	0.16
Leasehold Improvements	-	0.03	0.03	0.03	0.03	0.03

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