HKG:1204 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
Cash & Equivalents	33.27	85.87	28.73	105.52	14.49	29.9
Short-Term Investments	66.44	78.09	64.37	54.75	7	4.77
Cash & Short-Term Investments	99.7	163.96	93.1	160.27	21.48	34.67
Cash Growth	-10.08%	76.11%	-41.91%	645.99%	-38.03%	16.48%
Accounts Receivable	324.03	311.17	334.98	232.57	281.79	152.87
Other Receivables	0.35	3.55	2.45	2.27	0.36	-
Receivables	324.38	314.72	337.44	234.83	282.14	152.87
Inventory	18.84	13.47	21.93	56.57	29.99	39.1
Prepaid Expenses	-	-	-	-	3.45	2.01
Restricted Cash	-	-	-	-	2.93	5.92
Other Current Assets	97.23	19.22	57.22	56.14	39.11	24.54
Total Current Assets	540.15	511.38	509.68	507.81	379.11	259.1
Property, Plant & Equipment	34.4	42.76	19.42	26.26	19.97	20.22
Long-Term Investments	0.12	0.12	0.11	-	-	-
Other Intangible Assets	2.57	2.17	0.78	1.58	2.42	0.92
Long-Term Accounts Receivable	15.28	14.73	17.29	17.41	18.97	17.24
Long-Term Deferred Tax Assets	0.5	0.61	1.57	1.38	0.84	0.51
Long-Term Deferred Charges	-	-	-	0.04	0.02	-
Other Long-Term Assets	22.86	13.89	34.56	18.59	14.79	20.46
Total Assets	615.87	585.66	583.4	573.06	436.12	318.44
Accounts Payable	148.48	155.09	174.17	116.39	108.75	81.73
Accrued Expenses	14.22	19.76	14.39	15.17	9.7	8.6
Short-Term Debt	-	14.7	11.05	-	-	-
Current Portion of Long-Term Debt	39.43	-	-	-	25.52	8.32
Current Portion of Leases	5.51	9.02	7.14	6.65	6.09	6.21
Current Income Taxes Payable	1.03	1.08	3.52	6.09	7.27	14.44
Current Unearned Revenue	49.6	33.05	26.68	84.74	45.32	29.39
Other Current Liabilities	2.63	3.36	2.39	4	11.18	19.13
Total Current Liabilities	260.9	236.05	239.33	233.02	213.84	167.81
Long-Term Debt	4.8	-	-	-	5.93	7.07
Long-Term Leases	3.43	5.76	4.02	5.51	3.98	3.96
Long-Term Unearned Revenue	9.37	7.85	2.81	3.5	5.58	6.6
Long-Term Deferred Tax Liabilities	0.05	0.06	1.22	-	-	-
Other Long-Term Liabilities	-	-	-	-	37.9	-
Total Liabilities	278.54	249.71	247.38	242.04	267.23	185.45
Common Stock	5	5	5	5	-	-
Additional Paid-In Capital	168.03	168.03	168.03	168.03	48.1	-
Retained Earnings	0.71	164.8	163.84	159.34	156.09	132.09
Comprehensive Income & Other	163.6	-1.88	-0.85	-1.35	-35.31	0.9
Shareholders' Equity	337.34	335.95	336.03	331.02	168.88	132.99
Total Liabilities & Equity	615.87	585.66	583.4	573.06	436.12	318.44
Total Debt	53.16	29.48	22.21	12.16	41.53	25.57
Net Cash (Debt)	46.54	134.48	70.89	148.11	-20.05	9.1
Net Cash Growth	-26.55%	89.70%	-52.14%	-	-	94.57%
Net Cash Per Share	0.09	0.27	0.14	0.35	-0.06	0.03
Filing Date Shares Outstanding	500	500	500	500	346.94	336.56
Total Common Shares Outstanding	500	500	500	500	346.94	336.56
Working Capital	279.25	275.33	270.36	274.79	165.27	91.28
Book Value Per Share	0.67	0.67	0.67	0.66	0.49	0.40
Tangible Book Value	334.77	333.78	335.25	329.44	166.46	132.07
Tangible Book Value Per Share	0.67	0.67	0.67	0.66	0.48	0.39
Buildings	-	-	-	5.46	5.46	5.46
Machinery	-	40.76	20.15	16.15	12.76	10.64
Construction In Progress	-	-	-	1.71	-	-
Leasehold Improvements	-	20.06	14.83	12.52	8.58	8.42
Order Backlog	-	-	-	-	-	260.8

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