Shoucheng Holdings 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	3,671	2,622	2,263	3,574	2,573
Short-Term Investments	2,730	3,150	2,925	1,646	1,623
Cash & Short-Term Investments	6,401	5,772	5,188	5,220	4,197
Cash Growth	10.90%	11.26%	-0.62%	24.38%	-1.33%
Accounts Receivable	132.07	203.09	203.65	355.96	135.14
Other Receivables	265.54	293.98	230.79	211.67	199.67
Receivables	397.61	497.07	434.44	567.63	334.82
Inventory	0.36	-	-	-	-
Prepaid Expenses	102.32	102.06	22.29	89.27	63.27
Other Current Assets	49.5	145.89	-	-	3,512
Total Current Assets	6,951	6,517	5,644	5,877	8,106
Property, Plant & Equipment	2,533	2,409	1,931	2,075	2,240
Long-Term Investments	4,219	3,158	4,256	4,304	2,104
Goodwill	136.04	130.29	133.96	136.73	142.74
Other Intangible Assets	322.99	323.4	270.94	158.89	134.69
Long-Term Accounts Receivable	113.56	99.42	114.66	209.37	124.02
Long-Term Deferred Tax Assets	41.48	35.79	30.5	5.29	3.3
Other Long-Term Assets	1,250	1,156	1,140	890.36	526.64
Total Assets	15,567	13,829	13,523	13,656	13,382
Accounts Payable	564.44	452.75	485.59	353.95	389.34
Accrued Expenses	55.24	68.02	89.98	100.8	78.87
Current Portion of Long-Term Debt	13.35	41.98	157.13	581.82	179.04
Current Portion of Leases	199.89	166.07	78.68	100.84	77.28
Current Income Taxes Payable	36.57	65.08	79.54	137.72	98.45
Current Unearned Revenue	80.88	68.75	58.6	22.52	23.82
Other Current Liabilities	149.37	117.28	383.66	173.3	161.29
Total Current Liabilities	1,100	979.93	1,333	1,471	1,008
Long-Term Debt	969.53	1,454	636.07	465.57	573.61
Long-Term Leases	1,840	1,690	1,314	1,448	1,512
Long-Term Deferred Tax Liabilities	162	121.83	105.59	160.01	59.8
Other Long-Term Liabilities	351.09	68.23	92.52	87.46	-
Total Liabilities	4,423	4,313	3,482	3,632	3,154
Common Stock	14,975	12,995	12,995	12,547	12,547
Additional Paid-In Capital	4,848	4,848	4,848	4,848	4,848
Retained Earnings	-8,647	-7,735	-7,658	-7,123	-6,537
Comprehensive Income & Other	-102.05	-686.78	-261.14	-344.67	-716.75
Total Common Equity	11,074	9,421	9,923	9,928	10,141
Minority Interest	70.37	95.16	117.38	96.47	87.77
Shareholders' Equity	11,144	9,516	10,041	10,024	10,228
Total Liabilities & Equity	15,567	13,829	13,523	13,656	13,382
Total Debt	3,023	3,351	2,186	2,596	2,342
Net Cash (Debt)	3,378	2,421	3,001	2,624	1,854
Net Cash Growth	39.54%	-19.35%	14.39%	41.48%	-29.65%
Net Cash Per Share	0.45	0.34	0.41	0.37	0.26
Filing Date Shares Outstanding	8,330	7,285	7,326	7,276	7,291
Total Common Shares Outstanding	8,330	7,285	7,326	7,276	7,291
Working Capital	5,851	5,537	4,311	4,406	7,098
Book Value Per Share	1.33	1.29	1.35	1.36	1.39
Tangible Book Value	10,615	8,967	9,518	9,632	9,863
Tangible Book Value Per Share	1.27	1.23	1.30	1.32	1.35
Machinery	82.88	51.24	39.09	36.6	46.73
Leasehold Improvements	216.71	160.36	105.56	14.28	15.18

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