Sinomax Group 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	367.83	262.44	309.92	168.96	228.53
Short-Term Investments	2.59	-	-	-	-
Cash & Short-Term Investments	370.41	262.44	309.92	168.96	228.53
Cash Growth	41.14%	-15.32%	83.44%	-26.07%	66.92%
Accounts Receivable	1,028	798.21	674.64	530.9	793.19
Other Receivables	144.4	127.9	113.21	116.15	181.39
Receivables	1,172	926.11	787.85	647.05	974.58
Inventory	660.13	476.55	508.75	555.27	703.28
Other Current Assets	-	-	-	-	1.17
Total Current Assets	2,203	1,665	1,607	1,371	1,908
Property, Plant & Equipment	709.1	715.09	676.99	710.78	822.9
Long-Term Investments	-	54.65	-	-	-
Goodwill	177.29	5.17	5.35	-	-
Other Intangible Assets	49.76	7.62	9.4	11.18	12.96
Long-Term Deferred Tax Assets	48.44	51.51	57.09	62.6	29.62
Other Long-Term Assets	56.75	57.85	50.8	82.12	55.84
Total Assets	3,244	2,557	2,406	2,238	2,829
Accounts Payable	776.22	516.73	483.89	315.44	634.45
Accrued Expenses	262.87	240.8	202.44	147.53	158.02
Short-Term Debt	595.07	395.38	412.23	455.01	501.96
Current Portion of Long-Term Debt	100.54	5.72	29.64	67.25	86.32
Current Portion of Leases	124.04	91.93	72.63	63.51	84.14
Current Income Taxes Payable	25.08	16.11	30.42	11.77	17.56
Current Unearned Revenue	7.59	13.08	16.02	12.39	16.9
Other Current Liabilities	20.65	15.16	19.83	21.32	30.49
Total Current Liabilities	1,912	1,295	1,267	1,094	1,530
Long-Term Leases	240.44	250.76	208.11	236.23	272.46
Long-Term Unearned Revenue	0.12	0.49	0.9	1.33	1.86
Long-Term Deferred Tax Liabilities	12.16	11.08	11.54	19.23	18.11
Total Liabilities	2,165	1,557	1,488	1,351	1,822
Common Stock	175	175	175	175	175
Additional Paid-In Capital	404.52	404.52	404.52	404.52	404.52
Retained Earnings	919.14	890.34	791.26	733.49	776.24
Comprehensive Income & Other	-466.7	-496.16	-445.02	-417.81	-362.94
Total Common Equity	1,032	973.71	925.76	895.2	992.82
Minority Interest	47.28	26.05	-7.27	-8.26	13.8
Shareholders' Equity	1,079	999.76	918.49	886.94	1,007
Total Liabilities & Equity	3,244	2,557	2,406	2,238	2,829
Total Debt	1,060	743.79	722.62	822	944.87
Net Cash (Debt)	-689.68	-481.36	-412.7	-653.05	-716.34
Net Cash Per Share	-0.39	-0.28	-0.24	-0.37	-0.41
Filing Date Shares Outstanding	1,750	1,750	1,750	1,750	1,750
Total Common Shares Outstanding	1,750	1,750	1,750	1,750	1,750
Working Capital	290.62	370.2	339.42	277.05	377.73
Book Value Per Share	0.59	0.56	0.53	0.51	0.57
Tangible Book Value	804.91	960.91	911.01	884.02	979.86
Tangible Book Value Per Share	0.46	0.55	0.52	0.51	0.56
Land	167.72	117.98	122.06	138.11	149.37
Machinery	628.28	568.14	551.52	535.94	545.25
Construction In Progress	9.58	56.07	50.2	20.5	19.37
Leasehold Improvements	295.27	266.75	276.64	270.09	247.43