Sinomax Group 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	348.32	262.44	309.92	168.96	228.53	136.92
Cash & Short-Term Investments	348.32	262.44	309.92	168.96	228.53	136.92
Cash Growth	-2.60%	-15.32%	83.44%	-26.07%	66.92%	-43.03%
Accounts Receivable	855.72	798.21	674.64	530.9	793.19	764.74
Other Receivables	50.15	127.9	113.21	116.15	181.39	151.43
Receivables	905.88	926.11	787.85	647.05	974.58	916.17
Inventory	583.04	476.55	508.75	555.27	703.28	585.51
Other Current Assets	9.55	-	-	-	1.17	10.26
Total Current Assets	1,847	1,665	1,607	1,371	1,908	1,649
Property, Plant & Equipment	691.01	715.09	676.99	710.78	822.9	727.03
Long-Term Investments	70.02	54.65	-	-	-	-
Goodwill	5.32	5.17	5.35	-	-	-
Other Intangible Assets	6.73	7.62	9.4	11.18	12.96	14.73
Long-Term Deferred Tax Assets	57.59	51.51	57.09	62.6	29.62	8
Other Long-Term Assets	50.06	57.85	50.8	82.12	55.84	115.59
Total Assets	2,728	2,557	2,406	2,238	2,829	2,514
Accounts Payable	510.49	516.73	483.89	315.44	634.45	554.76
Accrued Expenses	250.76	240.8	202.44	147.53	158.02	136.14
Short-Term Debt	566.55	395.38	412.23	455.01	501.96	358.01
Current Portion of Long-Term Debt	14.55	5.72	29.64	67.25	86.32	189.22
Current Portion of Leases	93.34	91.93	72.63	63.51	84.14	75.47
Current Income Taxes Payable	8.37	16.11	30.42	11.77	17.56	17.53
Current Unearned Revenue	9.31	13.08	16.02	12.39	16.9	14.61
Other Current Liabilities	40.33	15.16	19.83	21.32	30.49	29.99
Total Current Liabilities	1,494	1,295	1,267	1,094	1,530	1,376
Long-Term Leases	216.83	250.76	208.11	236.23	272.46	162.76
Long-Term Unearned Revenue	0.32	0.49	0.9	1.33	1.86	2.23
Long-Term Deferred Tax Liabilities	12.19	11.08	11.54	19.23	18.11	17.05
Total Liabilities	1,723	1,557	1,488	1,351	1,822	1,558
Common Stock	175	175	175	175	175	175
Additional Paid-In Capital	404.52	404.52	404.52	404.52	404.52	404.52
Retained Earnings	894.5	890.34	791.26	733.49	776.24	760.87
Comprehensive Income & Other	-500.5	-496.16	-445.02	-417.81	-362.94	-385.88
Total Common Equity	973.52	973.71	925.76	895.2	992.82	954.51
Minority Interest	30.96	26.05	-7.27	-8.26	13.8	1.95
Shareholders' Equity	1,004	999.76	918.49	886.94	1,007	956.46
Total Liabilities & Equity	2,728	2,557	2,406	2,238	2,829	2,514
Total Debt	891.26	743.79	722.62	822	944.87	785.45
Net Cash (Debt)	-542.94	-481.36	-412.7	-653.05	-716.34	-648.53
Net Cash Per Share	-0.31	-0.28	-0.24	-0.37	-0.41	-0.37
Filing Date Shares Outstanding	1,750	1,750	1,750	1,750	1,750	1,750
Total Common Shares Outstanding	1,750	1,750	1,750	1,750	1,750	1,750
Working Capital	353.1	370.2	339.42	277.05	377.73	273.14
Book Value Per Share	0.56	0.56	0.53	0.51	0.57	0.55
Tangible Book Value	961.47	960.91	911.01	884.02	979.86	939.78
Tangible Book Value Per Share	0.55	0.55	0.52	0.51	0.56	0.54
Land	-	117.98	122.06	138.11	149.37	145.36
Machinery	-	568.14	551.52	535.94	545.25	524.47
Construction In Progress	-	56.07	50.2	20.5	19.37	18.81
Leasehold Improvements	-	266.75	276.64	270.09	247.43	231.88

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