China Tangshang Holdings Limited (HKG:0674)

China Tangshang Holdings Balance Sheet

Financials in millions HKD. 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	94.92	39.08	139.11	413.28	192.86	175.94
Short-Term Investments	13.09	-	-	15.81	20.93	15.21
Cash & Short-Term Investments	108.01	39.08	139.11	429.09	213.78	191.15
Cash Growth	-16.80%	-71.91%	-67.58%	100.71%	11.84%	24.45%
Accounts Receivable	15.39	14.28	52.85	47.52	50.05	27.19
Other Receivables	0	0	0	246.02	74.52	42.71
Receivables	15.39	14.28	52.85	293.54	124.57	69.89
Inventory	1,305	1,476	1,959	2,939	837.03	770.39
Prepaid Expenses	490.23	1.06	1.92	127.63	217.61	293.55
Other Current Assets	6.25	552.06	564.89	17.36	13.67	3.95
Total Current Assets	1,924	2,082	2,717	3,807	1,407	1,329
Property, Plant & Equipment	0.22	0.32	1.63	3.88	5.38	7.91
Long-Term Accounts Receivable	106.27	113.19	208.33	231.8	266.64	275.4
Other Long-Term Assets	83.85	99.74	187.63	246.4	279.65	284.44
Total Assets	2,115	2,296	3,115	4,289	1,958	1,897
Accounts Payable	14.84	15.48	34.45	184.45	27.12	3.52
Accrued Expenses	0.57	1.23	3	3.9	1.61	0.46
Current Portion of Long-Term Debt	-	-	-	-	99.23	289.53
Current Portion of Leases	36.32	34.62	69.29	62.22	57.33	51.53
Current Income Taxes Payable	-	-	-	9.6	0.33	0.09
Current Unearned Revenue	610.51	773.04	1,268	1,998	579.97	434.76
Other Current Liabilities	54.43	56.95	103.66	131.56	109.8	56.28
Total Current Liabilities	716.67	881.32	1,478	2,390	875.4	836.17
Long-Term Debt	206.45	198.64	183.94	170.28	-	-
Long-Term Leases	253.68	264.66	365.81	419.86	482.55	498.39
Long-Term Deferred Tax Liabilities	113.55	127.92	183.49	267.39	-	-
Total Liabilities	1,290	1,473	2,211	3,248	1,358	1,335
Common Stock	171.42	171.42	171.42	171.42	115.44	115.44
Additional Paid-In Capital	2,541	2,541	2,541	2,541	2,398	2,398
Retained Earnings	-2,245	-2,233	-2,144	-2,036	-2,066	-2,074
Comprehensive Income & Other	100.47	90.83	96.66	125.2	-60.69	-74.17
Total Common Equity	567.86	570.64	665.52	801.83	386.46	364.95
Minority Interest	256.56	252.43	238.11	239.69	213.91	197.16
Shareholders' Equity	824.43	823.07	903.63	1,042	600.37	562.11
Total Liabilities & Equity	2,115	2,296	3,115	4,289	1,958	1,897
Total Debt	496.45	497.92	619.03	652.36	639.11	839.46
Net Cash (Debt)	-388.44	-458.84	-479.92	-223.26	-425.33	-648.31
Net Cash Per Share	-0.11	-0.13	-0.14	-0.08	-0.18	-0.32
Filing Date Shares Outstanding	3,428	3,428	3,428	3,428	2,309	2,309
Total Common Shares Outstanding	3,428	3,428	3,428	3,428	2,309	2,309
Working Capital	1,208	1,201	1,239	1,417	531.25	492.76
Book Value Per Share	0.17	0.17	0.19	0.23	0.17	0.16
Tangible Book Value	567.86	570.64	665.52	801.83	386.46	364.95
Tangible Book Value Per Share	0.17	0.17	0.19	0.23	0.17	0.16
Machinery	-	1.73	2.91	2.96	2.79	2.49
Leasehold Improvements	-	6.1	6.21	6.43	6.94	6.66

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