HKG:1204 Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	107.42	66.45	85.87	28.73	105.52	14.49
Short-Term Investments	60.44	58.9	78.09	64.37	54.75	7
Cash & Short-Term Investments	175.98	125.35	163.96	93.1	160.27	21.48
Cash Growth	76.50%	-23.55%	76.11%	-41.91%	645.99%	-38.03%
Accounts Receivable	349.45	380.12	311.17	334.98	232.57	281.79
Other Receivables	-	5.65	3.55	2.45	2.27	0.36
Receivables	349.45	385.78	314.72	337.44	234.83	282.14
Inventory	13.87	8.78	13.47	21.93	56.57	29.99
Prepaid Expenses	-	-	-	-	-	3.45
Restricted Cash	-	-	-	-	-	2.93
Other Current Assets	35.67	73.8	19.22	57.22	56.14	39.11
Total Current Assets	574.96	593.7	511.38	509.68	507.81	379.11
Property, Plant & Equipment	44.03	48.08	42.76	19.42	26.26	19.97
Long-Term Investments	0.01	0.14	0.12	0.11	-	-
Other Intangible Assets	2.82	2.99	2.17	0.78	1.58	2.42
Long-Term Accounts Receivable	18.78	23.81	14.73	17.29	17.41	18.97
Long-Term Deferred Tax Assets	0.66	0.48	0.61	1.57	1.38	0.84
Long-Term Deferred Charges	-	-	-	-	0.04	0.02
Other Long-Term Assets	28.98	28.42	13.89	34.56	18.59	14.79
Total Assets	670.25	697.61	585.66	583.4	573.06	436.12

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	178.42	187.05	155.09	174.17	116.39	108.75
Accrued Expenses	14.41	22.26	19.76	14.39	15.17	9.7
Short-Term Debt	-	-	14.7	11.05	-	-
Current Portion of Long-Term Debt	54.45	79.35	-	-	-	25.52
Current Portion of Leases	5.05	5.17	9.02	7.14	6.65	6.09
Current Income Taxes Payable	1.65	1.4	1.08	3.52	6.09	7.27
Current Unearned Revenue	44.95	36.54	33.05	26.68	84.74	45.32
Other Current Liabilities	7.38	6.64	3.36	2.39	4	11.18
Total Current Liabilities	306.3	338.41	236.05	239.33	233.02	213.84
Long-Term Debt	4.79	5.04	-	-	-	5.93
Long-Term Leases	2.9	2.12	5.76	4.02	5.51	3.98
Long-Term Unearned Revenue	7.73	6.93	7.85	2.81	3.5	5.58
Long-Term Deferred Tax Liabilities	0.08	0.05	0.06	1.22	-	-
Other Long-Term Liabilities	-	-	-	-	-	37.9
Total Liabilities	321.8	352.55	249.71	247.38	242.04	267.23

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	5	-
Additional Paid-In Capital	343.45	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	348.45	345.07	335.95	336.03	331.02	168.88
Total Liabilities & Equity	670.25	697.61	585.66	583.4	573.06	436.12

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	67.19	91.68	29.48	22.21	12.16	41.53
Net Cash (Debt)	108.79	33.67	134.48	70.89	148.11	-20.05
Net Cash Growth	133.74%	-74.97%	89.70%	-52.14%	-	-
Net Cash Per Share	0.22	0.07	0.27	0.14	0.35	-0.06
Filing Date Shares Outstanding	500	500	500	500	500	346.94
Total Common Shares Outstanding	500	500	500	500	500	346.94
Working Capital	268.66	255.29	275.33	270.36	274.79	165.27
Book Value Per Share	0.70	0.69	0.67	0.67	0.66	0.49
Tangible Book Value	345.63	342.08	333.78	335.25	329.44	166.46
Tangible Book Value Per Share	0.69	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