HKG:1204 Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Assets

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	66.45	85.87	28.73	105.52	14.49
Short-Term Investments	58.9	78.09	64.37	54.75	7
Cash & Short-Term Investments	125.35	163.96	93.1	160.27	21.48
Cash Growth	-23.55%	76.11%	-41.91%	645.99%	-38.03%
Accounts Receivable	380.12	311.17	334.98	232.57	281.79
Other Receivables	5.65	3.55	2.45	2.27	0.36
Receivables	385.78	314.72	337.44	234.83	282.14
Inventory	8.78	13.47	21.93	56.57	29.99
Prepaid Expenses	-	-	-	-	3.45
Restricted Cash	-	-	-	-	2.93
Other Current Assets	73.8	19.22	57.22	56.14	39.11
Total Current Assets	593.7	511.38	509.68	507.81	379.11
Property, Plant & Equipment	48.08	42.76	19.42	26.26	19.97
Long-Term Investments	0.14	0.12	0.11	-	-
Other Intangible Assets	2.99	2.17	0.78	1.58	2.42
Long-Term Accounts Receivable	23.81	14.73	17.29	17.41	18.97
Long-Term Deferred Tax Assets	0.48	0.61	1.57	1.38	0.84
Long-Term Deferred Charges	-	-	-	0.04	0.02
Other Long-Term Assets	28.42	13.89	34.56	18.59	14.79
Total Assets	697.61	585.66	583.4	573.06	436.12

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
Accounts Payable	187.05	155.09	174.17	116.39	108.75
Accrued Expenses	22.26	19.76	14.39	15.17	9.7
Short-Term Debt	79.35	14.7	11.05	-	-
Current Portion of Long-Term Debt	-	-	-	-	25.52
Current Portion of Leases	5.17	9.02	7.14	6.65	6.09
Current Income Taxes Payable	1.4	1.08	3.52	6.09	7.27
Current Unearned Revenue	36.54	33.05	26.68	84.74	45.32
Other Current Liabilities	6.64	3.36	2.39	4	11.18
Total Current Liabilities	338.41	236.05	239.33	233.02	213.84
Long-Term Debt	5.04	-	-	-	5.93
Long-Term Leases	2.12	5.76	4.02	5.51	3.98
Long-Term Unearned Revenue	6.93	7.85	2.81	3.5	5.58
Long-Term Deferred Tax Liabilities	0.05	0.06	1.22	-	-
Other Long-Term Liabilities	-	-	-	-	37.9
Total Liabilities	352.55	249.71	247.38	242.04	267.23

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
Common Stock	5	5	5	5	-
Additional Paid-In Capital	168.03	168.03	168.03	168.03	48.1
Retained Earnings	172.94	164.8	163.84	159.34	156.09
Comprehensive Income & Other	-0.9	-1.88	-0.85	-1.35	-35.31
Shareholders' Equity	345.07	335.95	336.03	331.02	168.88
Total Liabilities & Equity	697.61	585.66	583.4	573.06	436.12

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
Total Debt	91.68	29.48	22.21	12.16	41.53
Net Cash (Debt)	33.67	134.48	70.89	148.11	-20.05
Net Cash Growth	-74.97%	89.70%	-52.14%	-	-
Net Cash Per Share	0.07	0.27	0.14	0.35	-0.06
Filing Date Shares Outstanding	500	500	500	500	346.94
Total Common Shares Outstanding	500	500	500	500	346.94
Working Capital	255.29	275.33	270.36	274.79	165.27
Book Value Per Share	0.69	0.67	0.67	0.66	0.49
Tangible Book Value	342.08	333.78	335.25	329.44	166.46
Tangible Book Value Per Share	0.68	0.67	0.67	0.66	0.48
Buildings	-	-	-	5.46	5.46
Machinery	64.06	40.76	20.15	16.15	12.76
Construction In Progress	-	-	-	1.71	-
Leasehold Improvements	20.65	20.06	14.83	12.52	8.58