Mainland Headwear Holdings Limited (HKG:1100)

HKG:1100 Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	229.07	179.64	317.85	246.95	198.89	219.46
Short-Term Investments	27.78	30.86	17.13	6.81	8.62	18.76
Trading Asset Securities	4.15	228.79	225.96	337.76	15.29	6.56
Cash & Short-Term Investments	261	439.29	560.94	591.52	222.8	244.78
Cash Growth	24.04%	-21.69%	-5.17%	165.50%	-8.98%	43.99%
Accounts Receivable	401.74	375.64	321.4	435.29	360.93	335.32
Other Receivables	3.25	3.25	3.25	3.25	3.32	3.48
Receivables	404.99	378.89	324.65	438.54	364.26	338.8
Inventory	350.84	171.19	151.92	207.41	451.9	276.83
Prepaid Expenses	-	9.43	14.5	15.06	13.02	8.24
Other Current Assets	15.1	5.7	9.58	8.7	19.27	-
Total Current Assets	1,032	1,005	1,062	1,261	1,071	868.64
Property, Plant & Equipment	720.48	725.84	601.87	564.11	456.2	449.92
Long-Term Investments	40.7	43.72	44.67	43.76	32.87	11.63
Goodwill	35.42	30.86	-	-	22.51	22.51
Other Intangible Assets	70.65	75.38	14.69	30.27	29.61	32.77
Long-Term Deferred Tax Assets	2.83	3.17	6.85	7.87	5.16	3.5
Other Long-Term Assets	59.63	61.4	56.95	51.1	51.93	44.52
Total Assets	1,962	1,945	1,787	1,958	1,670	1,433
Accounts Payable	168.27	402.2	332.76	499.23	219.76	140.23
Accrued Expenses	196.06	-	-	-	172.19	128
Short-Term Debt	-	184.81	108.97	209.24	275.38	293.68
Current Portion of Long-Term Debt	195.05	14.67	44.54	19.64	-	-
Current Portion of Leases	13.61	14.38	13.6	12.75	18.83	16.29
Current Income Taxes Payable	63.02	45.17	48.61	51.98	29.02	11.59
Current Unearned Revenue	-	-	-	-	1.24	0.47
Other Current Liabilities	0.5	0.5	0.54	2.85	0.54	2.02
Total Current Liabilities	636.51	661.73	549	795.69	716.95	592.29
Long-Term Debt	-	-	7.2	14.39	-	-
Long-Term Leases	47.03	45.91	41.18	54.74	23.54	27.37
Long-Term Deferred Tax Liabilities	31.97	31.55	21.45	6.37	6.32	4.56
Other Long-Term Liabilities	22.81	26.39	6.6	18.14	20.59	20.86
Total Liabilities	738.32	765.58	625.42	889.33	767.4	645.09
Common Stock	42.92	42.92	42.92	42.66	40.53	40.53
Additional Paid-In Capital	-	195.48	195.48	192	192.89	192.89
Retained Earnings	904.55	866.09	847.64	768.27	609.99	506.14
Comprehensive Income & Other	216.72	12.75	24.53	23.24	33.5	30.91
Total Common Equity	1,164	1,117	1,111	1,026	876.91	770.47
Minority Interest	59.14	62.05	50.61	42.81	25.21	17.95
Shareholders' Equity	1,223	1,179	1,161	1,069	902.12	788.41
Total Liabilities & Equity	1,962	1,945	1,787	1,958	1,670	1,433
Total Debt	255.69	259.77	215.47	310.77	317.75	337.35
Net Cash (Debt)	5.31	179.52	345.46	280.75	-94.95	-92.57
Net Cash Growth	40.35%	-48.03%	23.05%	-	-	-
Net Cash Per Share	0.01	0.41	0.79	0.65	-0.22	-0.22
Filing Date Shares Outstanding	429.16	429.16	429.16	426.6	425.59	425.59
Total Common Shares Outstanding	429.16	429.16	429.16	426.6	425.59	425.59
Working Capital	395.42	342.78	512.58	465.53	354.3	276.36
Book Value Per Share	2.71	2.60	2.59	2.41	2.06	1.81
Tangible Book Value	1,058	1,011	1,096	995.9	824.79	715.18
Tangible Book Value Per Share	2.47	2.36	2.55	2.33	1.94	1.68
Land	-	537.89	428.02	374.47	363.89	363.89
Machinery	-	532.02	507.73	528.87	383.22	364.97
Construction In Progress	-	-	3.09	0.98	-	-
Leasehold Improvements	-	47.82	16.6	-	34.5	33.78

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