Emperor Watch & Jewellery 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	1,292	916.36	458.75	466.19	556.34
Short-Term Investments	318.17	33.46	160.9	198.2	-
Cash & Short-Term Investments	1,610	949.82	619.65	664.39	556.34
Cash Growth	69.53%	53.28%	-6.73%	19.42%	37.33%
Accounts Receivable	22.53	45.65	73.44	51.86	54
Other Receivables	88.15	71.63	104.7	77.51	99.16
Receivables	110.68	117.28	178.14	129.36	153.17
Inventory	3,078	3,003	3,060	2,703	2,711
Other Current Assets	202.42	1.29	1.09	8.73	15.37
Total Current Assets	5,002	4,072	3,859	3,506	3,436
Property, Plant & Equipment	1,796	1,758	1,755	1,791	1,823
Long-Term Deferred Tax Assets	7.29	5.09	-	-	5.1
Other Long-Term Assets	114.23	107.12	94.34	85.02	86.27
Total Assets	6,919	5,942	5,708	5,382	5,350
Accounts Payable	92.69	64.58	122.06	51.36	51.39
Accrued Expenses	72.92	50.49	39.6	34.01	28.54
Short-Term Debt	207.75	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	165.45
Current Portion of Leases	210.72	216.48	177.5	200.84	160.34
Current Income Taxes Payable	85.23	64.69	65.31	50.74	36.46
Current Unearned Revenue	28.6	30.19	13	13.38	18.65
Other Current Liabilities	139.51	104.76	113.62	83.14	74.53
Total Current Liabilities	837.42	531.19	531.09	433.47	535.37
Long-Term Leases	195.01	195.86	127.13	99.26	91.11
Long-Term Deferred Tax Liabilities	0.79	1.22	3.46	4.04	2.99
Total Liabilities	1,033	728.27	661.68	536.77	629.47
Common Stock	3,563	3,484	3,484	3,484	3,484
Retained Earnings	-	2,168	1,993	1,787	1,615
Comprehensive Income & Other	2,054	-437.9	-430.6	-426.56	-378.2
Total Common Equity	5,617	5,214	5,047	4,845	4,721
Minority Interest	268.44	-	-	-	-
Shareholders' Equity	5,886	5,214	5,047	4,845	4,721
Total Liabilities & Equity	6,919	5,942	5,708	5,382	5,350
Total Debt	613.47	412.33	304.63	300.1	416.91
Net Cash (Debt)	996.8	537.49	315.02	364.29	139.44
Net Cash Growth	85.46%	70.62%	-13.53%	161.26%	-
Net Cash Per Share	0.14	0.08	0.05	0.05	0.02
Filing Date Shares Outstanding	7,204	6,779	6,779	6,779	6,779
Total Common Shares Outstanding	7,204	6,779	6,779	6,779	6,779
Working Capital	4,164	3,541	3,328	3,072	2,900
Book Value Per Share	0.78	0.77	0.74	0.71	0.70
Tangible Book Value	5,617	5,214	5,047	4,845	4,721
Tangible Book Value Per Share	0.78	0.77	0.74	0.71	0.70
Land	-	1,800	1,800	1,800	-
Buildings	-	-	-	-	1,800
Machinery	-	164.45	148.39	134.83	130.04
Leasehold Improvements	-	302.94	341.53	268.72	331.36

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