Future Bright Holdings Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	30.61	32.8	42.03	26.03	36.78	65.8
Trading Asset Securities	0.01	0.01	0.04	0.04	0.04	0.06
Cash & Short-Term Investments	30.62	32.81	42.06	26.07	36.82	65.85
Cash Growth	11.51%	-22.01%	61.35%	-29.19%	-44.09%	-74.81%
Accounts Receivable	20.81	24.06	26.62	23.76	23.87	23.71
Other Receivables	3.43	3.65	0.4	1.13	1.24	1.07
Receivables	24.25	27.71	27.02	24.89	25.1	24.78
Inventory	24.92	21.78	23.07	19.97	27.01	26.03
Prepaid Expenses	7.48	6.74	9.5	12.37	20.69	27.15
Other Current Assets	2.74	2.74	2.27	1.17	6.38	10.02
Total Current Assets	90.01	91.78	103.92	84.47	116	153.83
Property, Plant & Equipment	235.69	243.01	255.18	218.77	275.96	436.35
Goodwill	48	48	56	56	81.78	81.78
Other Intangible Assets	15.11	15.41	15.45	10.13	15.92	16.55
Other Long-Term Assets	559.19	560.43	573.17	580.57	598.44	606.04
Total Assets	947.99	958.62	1,004	949.94	1,088	1,295
Accounts Payable	25.24	29.02	32.18	27.24	31.23	42.63
Accrued Expenses	31.23	38.21	35.79	32.21	34.21	37.55
Short-Term Debt	82.11	78.73	81.74	109.79	36.34	-
Current Portion of Long-Term Debt	45.99	141.86	31.08	32.23	52.69	99.49
Current Portion of Leases	34.9	35.64	31.5	25.95	53.82	87.52
Current Income Taxes Payable	5.66	4.58	7.26	13.32	18.96	32.36
Other Current Liabilities	11.6	9.01	14.48	22.22	51.96	44.7
Total Current Liabilities	236.73	337.04	234.01	262.96	279.2	344.24
Long-Term Debt	268.23	184.5	317.74	332.2	320.54	291.74
Long-Term Leases	48.48	52.85	60.54	24.21	47.74	130
Long-Term Deferred Tax Liabilities	33.86	34.34	35.3	35.06	35.78	36.5
Total Liabilities	587.3	608.73	647.59	654.43	683.26	802.47
Common Stock	69.43	69.43	69.43	69.43	69.43	69.43
Additional Paid-In Capital	376.75	376.75	376.75	376.75	376.75	376.75
Retained Earnings	-89.49	-98.13	-104.14	-152.73	-27.11	45.84
Comprehensive Income & Other	31.17	31.45	31.12	31.01	12.49	23.08
Total Common Equity	387.85	379.5	373.16	324.46	431.55	515.1
Minority Interest	-27.16	-29.6	-17.03	-28.96	-26.72	-23.02
Shareholders' Equity	360.7	349.89	356.13	295.5	404.84	492.08
Total Liabilities & Equity	947.99	958.62	1,004	949.94	1,088	1,295
Total Debt	479.71	493.57	522.59	524.39	511.13	608.74
Net Cash (Debt)	-449.09	-460.77	-480.53	-498.32	-474.31	-542.89
Net Cash Per Share	-0.65	-0.66	-0.69	-0.72	-0.68	-0.78
Filing Date Shares Outstanding	694.3	694.3	694.3	694.3	694.3	694.3
Total Common Shares Outstanding	694.3	694.3	694.3	694.3	694.3	694.3
Working Capital	-146.73	-245.26	-130.09	-178.49	-163.2	-190.41
Book Value Per Share	0.56	0.55	0.54	0.47	0.62	0.74
Tangible Book Value	324.74	316.09	301.71	258.33	333.86	416.77
Tangible Book Value Per Share	0.47	0.46	0.43	0.37	0.48	0.60
Land	-	165.82	165.82	165.82	165.77	165.77
Machinery	-	28.99	29.63	43.37	49.55	53.44
Leasehold Improvements	-	84.97	81.8	178.75	265.06	300.01

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