HKG:1446 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	119.02	110.25	88.53	103.91	116.68
Cash & Short-Term Investments	119.02	110.25	88.53	103.91	116.68
Cash Growth	7.96%	24.53%	-14.80%	-10.95%	-13.51%
Accounts Receivable	41.44	53.05	56.26	58.43	46.35
Other Receivables	-	14.81	13.24	12.95	15.55
Receivables	41.44	67.86	69.5	71.38	61.89
Inventory	26.23	24.94	38.58	55.06	53.48
Prepaid Expenses	46.2	14	17.52	16.12	13.85
Other Current Assets	-	14.77	14.32	18.85	19.21
Total Current Assets	232.89	231.82	228.44	265.32	265.11
Property, Plant & Equipment	381.64	405.18	451.17	462.81	499.78
Long-Term Investments	-	-	-	-	5.03
Other Intangible Assets	0.89	1.59	2.3	2.71	2.6
Long-Term Deferred Tax Assets	12.94	10.57	8.59	7.65	12.21
Other Long-Term Assets	18.16	21.08	23.27	21.31	29.33
Total Assets	646.52	670.25	713.76	759.79	814.07
Accounts Payable	32.83	30.14	37.87	41.1	36.78
Accrued Expenses	41.44	42.69	50.43	44.67	48.89
Current Portion of Long-Term Debt	20.48	33.75	36.57	28.87	22.07
Current Portion of Leases	69.78	77.55	82.45	77.55	90.52
Current Income Taxes Payable	0.48	0.76	0.89	1.53	1.62
Current Unearned Revenue	170.26	164.82	151.13	168.04	178.79
Other Current Liabilities	10.22	10.8	10.07	10.66	10.36
Total Current Liabilities	345.49	360.52	369.4	372.42	389.03
Long-Term Debt	4.78	5	-	7.32	17.63
Long-Term Leases	53.87	55.46	72.93	55.93	59.03
Pension & Post-Retirement Benefits	4.66	3.99	4.12	3.35	-
Long-Term Deferred Tax Liabilities	4.77	5.01	6.11	8.11	8.8
Other Long-Term Liabilities	6.55	5.06	5.32	6.02	4.62
Total Liabilities	420.12	435.05	457.89	453.14	479.11
Common Stock	6.56	6.56	6.56	6.56	6.56
Additional Paid-In Capital	-	188.1	188.1	192.17	196.63
Retained Earnings	-	62.54	75.34	115.32	109.79
Comprehensive Income & Other	242.12	2.55	8.15	6.8	24.22
Total Common Equity	248.68	259.75	278.15	320.85	337.2
Minority Interest	-22.29	-24.55	-22.28	-14.21	-2.24
Shareholders' Equity	226.4	235.2	255.88	306.65	334.96
Total Liabilities & Equity	646.52	670.25	713.76	759.79	814.07
Total Debt	148.9	171.77	191.95	169.67	189.25
Net Cash (Debt)	-29.88	-61.52	-103.42	-65.76	-72.57
Net Cash Per Share	-0.05	-0.09	-0.16	-0.10	-0.11
Filing Date Shares Outstanding	655.94	655.94	655.94	655.94	655.94
Total Common Shares Outstanding	655.94	655.94	655.94	655.94	655.94
Working Capital	-112.6	-128.7	-140.96	-107.1	-123.91
Book Value Per Share	0.38	0.40	0.42	0.49	0.51
Tangible Book Value	247.79	258.16	275.85	318.15	334.6
Tangible Book Value Per Share	0.38	0.39	0.42	0.49	0.51
Buildings	-	220.01	222.45	222.4	225.84
Machinery	-	234.69	232.63	229.5	225.93
Construction In Progress	-	4.56	2.56	7.67	6.08
Leasehold Improvements	-	151.86	145.39	140.02	128.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.