Midland 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	722.16	711.13	532.15	450.67	1,506	938.15	Upgrade
Short-Term Investments	-	-	-	-	-	2.45	Upgrade
Cash & Short-Term Investments	722.16	711.13	532.15	450.67	1,506	940.61	Upgrade
Cash Growth	8.66%	33.63%	18.08%	-70.07%	60.06%	-18.33%	Upgrade
Accounts Receivable	3,104	3,431	2,305	2,277	3,441	2,796	Upgrade
Other Receivables	175.34	186.12	224.98	274.49	362.5	366.52	Upgrade
Receivables	3,280	3,617	2,530	2,568	3,826	3,259	Upgrade
Other Current Assets	-	-	-	3.86	-	-	Upgrade
Total Current Assets	4,002	4,328	3,062	3,023	5,332	4,199	Upgrade
Property, Plant & Equipment	333.81	298.73	383.33	650.78	888.4	703.09	Upgrade
Long-Term Investments	26.77	20.45	12.34	15.32	43.2	39.52	Upgrade
Other Intangible Assets	10.11	10.11	10.11	10.11	-	-	Upgrade
Long-Term Deferred Tax Assets	23.14	25.39	69.75	72.85	11.73	12.06	Upgrade
Other Long-Term Assets	24.24	25.44	30.28	50.72	75.34	73.7	Upgrade
Total Assets	4,422	4,708	3,569	3,825	6,353	5,029	Upgrade
Accounts Payable	2,938	2,948	2,106	2,317	327.71	415.42	Upgrade
Accrued Expenses	-	495.27	295.17	-	3,267	2,616	Upgrade
Current Portion of Long-Term Debt	-	-	169.89	54.6	687	228	Upgrade
Current Portion of Leases	172.73	164.03	221.95	395.36	533.32	459.91	Upgrade
Current Income Taxes Payable	27.21	4.45	4.25	2.8	29.31	1.71	Upgrade
Total Current Liabilities	3,138	3,612	2,797	2,770	4,844	3,721	Upgrade
Long-Term Debt	-	-	-	173.64	-	-	Upgrade
Long-Term Leases	90.74	58.71	65	144.67	313.42	209.96	Upgrade
Long-Term Deferred Tax Liabilities	5.66	6.15	8.24	9.2	8.95	7.81	Upgrade
Other Long-Term Liabilities	44.68	37.68	41.97	44.09	-	-	Upgrade
Total Liabilities	3,279	3,715	2,912	3,141	5,167	3,939	Upgrade
Common Stock	71.69	71.71	71.71	71.71	71.71	71.81	Upgrade
Additional Paid-In Capital	222.1	222.24	222.24	222.24	222.24	223.51	Upgrade
Retained Earnings	-	627.34	299.12	339.63	838.36	731.98	Upgrade
Comprehensive Income & Other	849.1	72.43	64.13	50.68	53.89	62.11	Upgrade
Total Common Equity	1,143	993.71	657.19	684.25	1,186	1,089	Upgrade
Shareholders' Equity	1,143	993.71	657.19	684.25	1,186	1,089	Upgrade
Total Liabilities & Equity	4,422	4,708	3,569	3,825	6,353	5,029	Upgrade
Total Debt	263.48	222.74	456.84	768.26	1,534	897.87	Upgrade
Net Cash (Debt)	458.69	488.39	75.31	-317.6	-28.21	42.74	Upgrade
Net Cash Growth	476.41%	548.52%	-	-	-	-	Upgrade
Net Cash Per Share	0.64	0.68	0.11	-0.44	-0.04	0.06	Upgrade
Filing Date Shares Outstanding	716.9	717.09	717.09	717.09	717.09	718.05	Upgrade
Total Common Shares Outstanding	716.9	717.09	717.09	717.09	717.09	718.05	Upgrade
Working Capital	864.16	715.92	265.6	253.11	487.51	477.92	Upgrade
Book Value Per Share	1.59	1.39	0.92	0.95	1.65	1.52	Upgrade
Tangible Book Value	1,133	983.6	647.08	674.14	1,186	1,089	Upgrade
Tangible Book Value Per Share	1.58	1.37	0.90	0.94	1.65	1.52	Upgrade
Land	-	128.72	128.74	141.99	156.76	156.74	Upgrade
Machinery	-	298.66	301.94	322.26	380.9	356.49	Upgrade
Leasehold Improvements	-	133.84	139.93	169.05	261.75	255.63	Upgrade

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