Sheng Yuan 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	85.87	44.04	47.17	79.93	69.1
Short-Term Investments	-	56.96	3.42	-	-
Trading Asset Securities	19.81	14	15.25	15.94	0.27
Cash & Short-Term Investments	105.68	115	65.83	95.87	69.37
Cash Growth	-8.11%	74.68%	-31.33%	38.20%	100.08%
Accounts Receivable	37.54	4.67	25.25	13.95	26.02
Other Receivables	2.52	0.71	0.39	5.34	3.8
Receivables	40.05	5.38	25.64	19.29	29.82
Prepaid Expenses	-	0.62	0.27	0.37	1.87
Other Current Assets	37.32	22.34	46.23	83.19	30.26
Total Current Assets	183.06	143.33	137.97	198.71	131.32
Property, Plant & Equipment	1.08	2.7	4.36	2.29	5.28
Long-Term Investments	-	-	-	11.99	19.8
Other Long-Term Assets	0.21	0.72	0.72	1.71	2.51
Total Assets	184.34	146.75	143.05	214.69	158.91
Accounts Payable	56.63	22.34	46.44	82.11	30.27
Accrued Expenses	-	1.7	3.12	3.42	2.49
Current Portion of Long-Term Debt	-	-	-	149.39	-
Current Portion of Leases	1	1.63	1.54	2.27	2.43
Current Income Taxes Payable	-	2.25	-	-	2.83
Current Unearned Revenue	0.45	0.45	0.62	0.51	0.45
Other Current Liabilities	-	0.79	4	14.15	9.08
Total Current Liabilities	58.07	29.16	55.72	251.84	47.55
Long-Term Debt	-	-	-	-	140.4
Long-Term Leases	-	1	2.63	-	2.27
Total Liabilities	58.07	30.16	58.35	251.84	190.22
Common Stock	88.2	88.2	88.2	38.2	190.99
Additional Paid-In Capital	-	587.59	587.59	473.16	320.37
Retained Earnings	-	-566.15	-598.04	-570.27	-564.47
Comprehensive Income & Other	38.07	6.96	6.96	21.76	21.81
Total Common Equity	126.27	116.59	84.7	-37.16	-31.31
Shareholders' Equity	126.27	116.59	84.7	-37.16	-31.31
Total Liabilities & Equity	184.34	146.75	143.05	214.69	158.91
Total Debt	1	2.63	4.17	151.66	145.1
Net Cash (Debt)	104.68	112.37	61.66	-55.79	-75.73
Net Cash Growth	-6.84%	82.23%	-	-	-
Net Cash Per Share	0.12	0.13	0.09	-0.15	-0.20
Filing Date Shares Outstanding	878.39	881.97	881.97	381.97	381.97
Total Common Shares Outstanding	878.39	881.97	881.97	381.97	381.97
Working Capital	124.98	114.17	82.26	-53.14	83.77
Book Value Per Share	0.14	0.13	0.10	-0.10	-0.08
Tangible Book Value	126.27	116.59	84.7	-37.16	-31.31
Tangible Book Value Per Share	0.14	0.13	0.10	-0.10	-0.08
Machinery	-	0.38	0.38	0.38	0.38
Leasehold Improvements	-	0.41	0.41	2.37	2.37

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