Z Fin 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
Property, Plant & Equipment	6,713	6,676	2,489	2,801	3,082	3,021
Cash & Equivalents	1,465	614.22	512.6	846.11	1,539	1,276
Accounts Receivable	137.95	150.78	86.11	44.98	4.73	7.59
Other Receivables	-	-	-	-	48.71	117.7
Investment In Debt and Equity Securities	1,832	1,299	1,921	2,223	3,499	2,617
Loans Receivable Current	301.92	328.68	201.44	458.63	167.7	121.6
Other Current Assets	4,534	4,827	1,797	873.63	1,281	2,299
Trading Asset Securities	14.58	10.83	10.85	8.57	28.35	355.65
Deferred Long-Term Tax Assets	17.63	16.89	14.97	7.93	3.04	6.87
Other Long-Term Assets	2,557	2,668	3,894	3,960	2,941	1,427
Total Assets	19,711	16,591	10,927	11,225	12,594	11,249
Current Portion of Long-Term Debt	697.65	199.72	220	-	-	753.14
Current Portion of Leases	1.36	1.63	1.64	1.84	2.5	9.36
Long-Term Debt	2,093	1,732	-	-	-	-
Long-Term Leases	2.56	4	5.63	7.27	-	2.39
Accounts Payable	35.01	31.91	30.38	30.18	33.39	33.94
Accrued Expenses	100.81	96.78	78.58	69.57	77.11	74.74
Current Income Taxes Payable	751.4	831.09	764.04	758.89	829.12	775.24
Current Unearned Revenue	1,166	217.69	106.52	101.55	108.73	118.86
Other Current Liabilities	497.22	623.92	210.87	236.94	245.16	251.62
Long-Term Deferred Tax Liabilities	1,190	1,051	681.21	824.36	1,005	999.52
Total Liabilities	9,011	5,815	3,445	3,184	3,256	3,019
Common Stock	63.74	63.74	637.4	637.4	637.4	354.11
Additional Paid-In Capital	3,276	3,276	2,703	2,703	2,703	2,193
Retained Earnings	5,521	5,951	1,953	2,267	2,390	2,199
Comprehensive Income & Other	903.93	579.93	926.8	1,078	2,064	2,008
Total Common Equity	9,765	9,871	6,220	6,684	7,794	6,755
Minority Interest	935.59	905.11	1,262	1,356	1,544	1,476
Shareholders' Equity	10,700	10,776	7,482	8,041	9,338	8,230
Total Liabilities & Equity	19,711	16,591	10,927	11,225	12,594	11,249
Total Debt	5,270	2,962	1,573	1,163	957.5	764.88
Net Cash (Debt)	-3,791	-2,337	-1,050	-308.04	610.2	866.4
Net Cash (Debt) Growth	-	-	-	-	-29.57%	-16.17%
Net Cash Per Share	-10.13	-6.25	-3.29	-0.97	2.13	4.89
Filing Date Shares Outstanding	318.7	318.7	318.7	318.7	318.7	177.06
Total Common Shares Outstanding	318.7	318.7	318.7	318.7	318.7	177.06
Book Value Per Share	30.64	30.97	19.52	20.97	24.46	38.15
Tangible Book Value	9,765	9,871	6,220	6,684	7,794	6,755
Tangible Book Value Per Share	30.64	30.97	19.52	20.97	24.46	38.15
Land	-	317.42	201.83	204.03	217.35	309.73
Buildings	-	6,268	2,163	2,365	2,541	2,466
Construction In Progress	-	12.65	-	-	-	-

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