Matrix 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	46.09	56.83	181.2	258.96	164.08	154.7
Short-Term Investments	-	0.9	-	-	-	-
Cash & Short-Term Investments	46.09	57.73	181.2	258.96	164.08	154.7
Cash Growth	-45.46%	-68.14%	-30.03%	57.83%	6.06%	15.59%
Accounts Receivable	112.64	77.59	113.52	84.26	185.48	233
Other Receivables	1.94	9.6	13.31	15.49	10.25	11.54
Receivables	114.58	87.19	126.83	99.76	195.73	244.54
Inventory	294.33	307.75	189.28	253.94	328.67	303.92
Prepaid Expenses	22.65	6.24	5.82	11.01	20.06	33.59
Other Current Assets	-	5.39	7.94	11.86	16.11	14.66
Total Current Assets	477.65	464.31	511.06	635.53	724.64	751.41
Property, Plant & Equipment	154.37	120.28	333.98	391.51	434.61	460.04
Goodwill	-	-	41.82	96.82	96.82	101.36
Other Intangible Assets	-	-	-	-	7.86	11.69
Long-Term Deferred Tax Assets	-	-	23.41	27.2	26.09	24.78
Other Long-Term Assets	89.69	109.57	121.09	112.16	126.12	25.07
Total Assets	721.71	694.16	1,031	1,263	1,416	1,374
Accounts Payable	28.46	27.01	30.31	29.09	71.96	57.18
Accrued Expenses	-	24.06	24.94	33.41	46.09	43.57
Short-Term Debt	42.5	5.79	2.38	-	8.3	-
Current Portion of Long-Term Debt	1.17	2.35	1.85	5.95	7.91	12.63
Current Portion of Leases	16.16	10.55	14.75	17.49	17.07	19.22
Current Income Taxes Payable	9.5	9.5	23.89	29.75	18.97	5.24
Current Unearned Revenue	4.98	3.47	3.48	2.55	6.71	9.62
Other Current Liabilities	70.6	53.36	46.17	62.36	50.4	46.68
Total Current Liabilities	173.37	136.09	147.76	180.59	227.42	194.13
Long-Term Leases	94.93	61.75	30.62	44.14	60.49	63.61
Long-Term Deferred Tax Liabilities	1.74	1.76	1.74	2.72	1.06	0.96
Total Liabilities	270.04	199.6	180.13	227.46	288.97	258.7
Common Stock	75.62	75.62	75.62	75.62	75.62	75.62
Additional Paid-In Capital	189.09	189.09	189.09	189.09	189.09	189.09
Retained Earnings	314.87	334.67	646.24	824.47	893.86	884.14
Comprehensive Income & Other	-114.72	-92.37	-47.22	-41.76	-25.2	-27.47
Total Common Equity	464.86	507.01	863.73	1,047	1,133	1,121
Minority Interest	-13.19	-12.45	-12.5	-11.65	-6.2	-5.74
Shareholders' Equity	451.68	494.56	851.23	1,036	1,127	1,116
Total Liabilities & Equity	721.71	694.16	1,031	1,263	1,416	1,374
Total Debt	154.76	80.44	49.6	67.58	93.78	95.45
Net Cash (Debt)	-108.67	-22.71	131.6	191.38	70.3	59.25
Net Cash Growth	-	-	-31.24%	172.24%	18.65%	92.77%
Net Cash Per Share	-0.14	-0.03	0.17	0.25	0.09	0.08
Filing Date Shares Outstanding	756.2	756.2	756.2	756.2	756.2	756.2
Total Common Shares Outstanding	756.2	756.2	756.2	756.2	756.2	756.2
Working Capital	304.28	328.22	363.3	454.94	497.22	557.28
Book Value Per Share	0.61	0.67	1.14	1.39	1.50	1.48
Tangible Book Value	464.86	507.01	821.91	950.59	1,029	1,008
Tangible Book Value Per Share	0.61	0.67	1.09	1.26	1.36	1.33
Buildings	-	147.25	149.55	150.6	153.99	151.67
Machinery	-	360.91	391.14	399.78	396.8	378.45
Construction In Progress	-	4.02	4.94	4.61	4.23	3.33
Leasehold Improvements	-	10.17	21.74	21.58	20.9	21.31

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.