Tesson 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	16.26	9.55	2.6	6.25	12.64
Short-Term Investments	27.71	-	-	-	-
Trading Asset Securities	0.07	0.03	0.05	0.1	0.05
Cash & Short-Term Investments	44.04	9.58	2.65	6.36	12.7
Cash Growth	359.64%	261.82%	-58.34%	-49.94%	-16.44%
Accounts Receivable	6.26	16.05	28.75	12.78	37.16
Other Receivables	218.62	217.51	231.69	253.84	765.45
Receivables	224.88	233.55	260.44	266.62	802.61
Inventory	1.14	2.2	40.5	36.6	1,036
Prepaid Expenses	1.15	22.23	30.85	33.84	43.42
Other Current Assets	-	-	-	-	40.3
Total Current Assets	271.21	267.56	334.44	343.41	1,935
Property, Plant & Equipment	258.07	152.6	263.96	351.36	397.38
Goodwill	-	-	-	-	119.26
Other Long-Term Assets	-	-	0.64	2.08	76.94
Total Assets	529.27	420.16	599.03	696.85	2,528
Accounts Payable	60.28	58.64	77.8	40.3	82.93
Accrued Expenses	115.04	104.64	114.91	108.58	117.3
Short-Term Debt	-	30.97	48.11	52.79	207.52
Current Portion of Leases	11.31	1.81	3.68	4.15	7.89
Current Income Taxes Payable	-	-	-	-	122.26
Current Unearned Revenue	0.35	0.42	3.54	5.34	1,002
Other Current Liabilities	116.59	106	113.09	130.13	136.5
Total Current Liabilities	303.57	302.47	361.13	341.29	1,677
Long-Term Leases	90.14	0.25	1.51	5.34	14.61
Long-Term Deferred Tax Liabilities	2.61	4.53	8.87	9.66	46.58
Total Liabilities	396.32	307.24	371.51	356.29	1,738
Common Stock	31.97	21.97	148.35	148.35	123.65
Additional Paid-In Capital	-	822.46	824.14	824.14	838.41
Retained Earnings	-	-515.39	-570.21	-463.66	-222.95
Comprehensive Income & Other	309.23	4.94	15.75	19.95	25.47
Total Common Equity	341.2	333.98	418.03	528.78	764.59
Minority Interest	-208.25	-221.07	-190.51	-188.21	26.02
Shareholders' Equity	132.95	112.92	227.52	340.57	790.6
Total Liabilities & Equity	529.27	420.16	599.03	696.85	2,528
Total Debt	101.46	33.02	53.31	62.28	230.02
Net Cash (Debt)	-57.42	-23.44	-50.66	-55.92	-217.32
Net Cash Per Share	-0.25	-0.11	-0.34	-0.44	-1.79
Filing Date Shares Outstanding	319.69	219.69	207.69	148.35	123.65
Total Common Shares Outstanding	319.69	219.69	148.35	148.35	123.65
Working Capital	-32.36	-34.9	-26.69	2.12	258.22
Book Value Per Share	1.07	1.52	2.82	3.56	6.18
Tangible Book Value	341.2	333.98	418.03	528.78	645.33
Tangible Book Value Per Share	1.07	1.52	2.82	3.56	5.22
Machinery	-	45.8	127.98	187.76	333.67
Construction In Progress	-	41.59	43.05	43.43	32.51
Leasehold Improvements	-	10.2	32.44	42.13	63.33

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