BOE Varitronix Limited (HKG:0710)

BOE Varitronix Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4,057	3,191	2,700	3,501	2,819	2,267
Short-Term Investments	803.9	1,386	987.3	161.51	123.43	54.45
Trading Asset Securities	-	89.95	389.76	15.41	0.07	1.24
Cash & Short-Term Investments	4,861	4,667	4,077	3,678	2,942	2,323
Cash Growth	6.68%	14.47%	10.86%	24.99%	26.67%	38.01%
Accounts Receivable	2,956	2,827	2,857	2,110	2,006	1,616
Other Receivables	416.13	274.57	286.94	258.89	70.83	31.35
Receivables	3,372	3,102	3,144	2,369	2,077	1,648
Inventory	2,263	1,878	1,778	1,947	1,568	832.62
Other Current Assets	266.52	156.8	196.04	103.43	23.45	50.18
Total Current Assets	10,762	9,804	9,195	8,097	6,611	4,853
Property, Plant & Equipment	2,457	2,306	2,060	1,760	1,490	583.43
Long-Term Investments	1.88	1.9	40.19	41.9	50.51	40.61
Goodwill	-	-	-	-	-	11.49
Other Intangible Assets	57.02	52.83	29.43	25.06	22.17	38.46
Long-Term Deferred Tax Assets	71.18	60.59	59.72	8.84	11.29	0.65
Other Long-Term Assets	141.62	145.67	79.92	101.26	98.27	15.33
Total Assets	13,491	12,371	11,465	10,034	8,283	5,543

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6,519	5,966	5,367	3,808	2,940	1,652
Accrued Expenses	-	638.05	558.8	664.72	267.78	276.79
Current Portion of Long-Term Debt	75.68	63.97	205.32	236.44	636.29	-
Current Portion of Leases	15.39	13.9	14.79	8.16	7.39	11.51
Current Income Taxes Payable	9.09	2.54	23.27	13.93	65.32	17.48
Current Unearned Revenue	56.56	333.66	330.19	291.37	186.25	210.42
Total Current Liabilities	7,932	7,019	6,500	5,023	4,103	2,168
Long-Term Debt	245.09	244.52	170.46	383.5	30.91	-
Long-Term Leases	12.36	14.73	20.11	13.91	4.4	11.04
Long-Term Unearned Revenue	276.42	219.46	171.82	200.5	18.91	5.28
Long-Term Deferred Tax Liabilities	0.49	2.11	2.45	3.47	9.98	13.17
Total Liabilities	8,467	7,499	6,864	5,624	4,167	2,198

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	197.89	197.89	197.89	197.89	197.85	184.04
Additional Paid-In Capital	-	2,248	2,382	2,532	2,712	2,030
Retained Earnings	-	2,487	2,159	1,788	1,302	680.32
Comprehensive Income & Other	4,731	-123.4	-203.81	-164.1	-147.8	138.03
Total Common Equity	4,929	4,809	4,535	4,354	4,065	3,032
Minority Interest	95.47	62.94	65.21	56.12	51.08	313.2
Shareholders' Equity	5,024	4,872	4,600	4,410	4,116	3,346
Total Liabilities & Equity	13,491	12,371	11,465	10,034	8,283	5,543

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	348.51	337.11	410.69	642	678.99	22.56
Net Cash (Debt)	4,512	4,330	3,667	3,036	2,263	2,300
Net Cash Growth	10.24%	18.10%	20.78%	34.13%	-1.61%	38.26%
Net Cash Per Share	5.73	5.48	4.64	3.85	3.02	3.14
Filing Date Shares Outstanding	791.58	791.58	791.58	791.58	791.58	736.16
Total Common Shares Outstanding	791.58	791.58	791.58	791.58	791.41	736.16
Working Capital	2,830	2,786	2,696	3,074	2,507	2,685
Book Value Per Share	6.23	6.08	5.73	5.50	5.14	4.12
Tangible Book Value	4,872	4,756	4,506	4,329	4,043	2,982
Tangible Book Value Per Share	6.15	6.01	5.69	5.47	5.11	4.05
Land	-	739.64	697.95	658.65	269.88	223.51
Machinery	-	2,807	2,723	2,639	1,805	1,733
Construction In Progress	-	270.39	124.58	22.04	885.71	-

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

Data Sources Report a data error