Qianhai Health 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	27.18	23.26	19.53	1.64	2.47	16.37
Short-Term Investments	0.25	0.25	0.17	0.17	0.17	0.25
Cash & Short-Term Investments	27.43	23.51	19.7	1.81	2.64	16.61
Cash Growth	933.89%	19.36%	986.92%	-31.47%	-84.08%	-18.71%
Accounts Receivable	217.99	98.75	-	2.53	104.95	193.42
Other Receivables	-	-	-	-	90	-
Receivables	217.99	98.75	-	20.23	206.95	199.35
Inventory	124.56	259.33	431.79	483.26	480.51	338.38
Prepaid Expenses	2.09	4.58	0.17	0.23	0.44	0.46
Total Current Assets	372.07	386.16	451.65	505.54	690.54	554.81
Property, Plant & Equipment	20.31	21.15	26.47	28.9	30.09	32.51
Long-Term Investments	-	-	-	-	-	118.48
Total Assets	392.39	407.31	478.12	534.43	738.63	735.47
Accounts Payable	-	-	-	-	50.44	34.87
Accrued Expenses	-	2.3	1.31	3.25	3.61	3.14
Short-Term Debt	-	-	-	-	7.17	22.71
Current Portion of Leases	0.31	0.61	0.49	0.7	0.67	0.69
Current Unearned Revenue	0.75	-	-	-	6	-
Other Current Liabilities	0.84	18.41	92.2	93.29	0.21	0.21
Total Current Liabilities	1.9	21.32	94	97.24	68.09	61.62
Long-Term Leases	0.42	0.42	-	0.49	-	0.67
Total Liabilities	2.32	21.74	94	97.73	68.09	62.29
Common Stock	67.78	67.78	67.78	67.78	67.78	67.71
Additional Paid-In Capital	0.25	0.25	0.25	0.25	0.25	-
Retained Earnings	312.66	307.89	306.45	356.68	589.32	590.21
Comprehensive Income & Other	9.38	9.66	9.64	12	13.19	15.27
Total Common Equity	390.07	385.57	384.11	436.71	670.53	673.19
Shareholders' Equity	390.07	385.57	384.11	436.71	670.53	673.19
Total Liabilities & Equity	392.39	407.31	478.12	534.43	738.63	735.47
Total Debt	0.73	1.03	0.49	1.19	7.83	24.07
Net Cash (Debt)	26.7	22.47	19.21	0.63	-5.19	-7.45
Net Cash Growth	955.18%	17.00%	2973.28%	-	-	-
Net Cash Per Share	0.16	0.13	0.11	0.00	-0.03	-0.04
Filing Date Shares Outstanding	169.45	169.45	169.45	169.45	169.45	169.28
Total Common Shares Outstanding	169.45	169.45	169.45	169.45	169.45	169.28
Working Capital	370.18	364.84	357.65	408.29	622.45	493.19
Book Value Per Share	2.30	2.28	2.27	2.58	3.96	3.98
Tangible Book Value	390.07	385.57	384.11	436.71	670.53	673.19
Tangible Book Value Per Share	2.30	2.28	2.27	2.58	3.96	3.98
Land	-	29.93	29.93	29.93	29.93	29.93
Machinery	-	0.06	0.05	0.05	0.05	0.04
Leasehold Improvements	-	3.18	3.18	3.18	3.18	3.18

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