Matrix 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	54.27	56.83	181.2	258.96	164.08
Short-Term Investments	-	0.9	-	-	-
Cash & Short-Term Investments	54.27	57.73	181.2	258.96	164.08
Cash Growth	-6.00%	-68.14%	-30.03%	57.83%	6.06%
Accounts Receivable	90.68	77.59	113.52	84.26	185.48
Other Receivables	12.81	9.6	13.31	15.49	10.25
Receivables	103.49	87.19	126.83	99.76	195.73
Inventory	257.18	307.75	189.28	253.94	328.67
Prepaid Expenses	6.42	6.24	5.82	11.01	20.06
Other Current Assets	4.73	5.39	7.94	11.86	16.11
Total Current Assets	426.09	464.31	511.06	635.53	724.64
Property, Plant & Equipment	109.91	120.28	333.98	391.51	434.61
Goodwill	-	-	41.82	96.82	96.82
Other Intangible Assets	-	-	-	-	7.86
Long-Term Deferred Tax Assets	-	-	23.41	27.2	26.09
Other Long-Term Assets	101.1	109.57	121.09	112.16	126.12
Total Assets	637.1	694.16	1,031	1,263	1,416
Accounts Payable	47.46	27.01	30.31	29.09	71.96
Accrued Expenses	42.45	41.91	24.94	33.41	46.09
Short-Term Debt	95.7	5.79	2.38	-	8.3
Current Portion of Long-Term Debt	-	2.35	1.85	5.95	7.91
Current Portion of Leases	17.56	10.55	14.75	17.49	17.07
Current Income Taxes Payable	9.5	9.5	23.89	29.75	18.97
Current Unearned Revenue	7.86	3.47	3.48	2.55	6.71
Other Current Liabilities	41.1	35.51	46.17	62.36	50.4
Total Current Liabilities	261.63	136.09	147.76	180.59	227.42
Long-Term Leases	85.92	61.75	30.62	44.14	60.49
Long-Term Deferred Tax Liabilities	2.35	1.76	1.74	2.72	1.06
Total Liabilities	349.9	199.6	180.13	227.46	288.97
Common Stock	75.62	75.62	75.62	75.62	75.62
Additional Paid-In Capital	189.09	189.09	189.09	189.09	189.09
Retained Earnings	155.94	334.67	646.24	824.47	893.86
Comprehensive Income & Other	-120.66	-92.37	-47.22	-41.76	-25.2
Total Common Equity	300	507.01	863.73	1,047	1,133
Minority Interest	-12.81	-12.45	-12.5	-11.65	-6.2
Shareholders' Equity	287.19	494.56	851.23	1,036	1,127
Total Liabilities & Equity	637.1	694.16	1,031	1,263	1,416
Total Debt	199.18	80.44	49.6	67.58	93.78
Net Cash (Debt)	-144.91	-22.71	131.6	191.38	70.3
Net Cash Growth	-	-	-31.24%	172.24%	18.65%
Net Cash Per Share	-0.19	-0.03	0.17	0.25	0.09
Filing Date Shares Outstanding	756.2	756.2	756.2	756.2	756.2
Total Common Shares Outstanding	756.2	756.2	756.2	756.2	756.2
Working Capital	164.46	328.22	363.3	454.94	497.22
Book Value Per Share	0.40	0.67	1.14	1.39	1.50
Tangible Book Value	300	507.01	821.91	950.59	1,029
Tangible Book Value Per Share	0.40	0.67	1.09	1.26	1.36
Buildings	125.65	147.25	149.55	150.6	153.99
Machinery	274.5	360.91	391.14	399.78	396.8
Construction In Progress	4.18	4.02	4.94	4.61	4.23
Leasehold Improvements	7.25	10.17	21.74	21.58	20.9

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