Pangaea Connectivity Technology Limited (HKG:1473)

HKG:1473 Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	64.14	64.1	64.83	161.2	146.81
Short-Term Investments	-	-	-	5.27	7.73
Trading Asset Securities	-	-	9.11	-	-
Cash & Short-Term Investments	64.14	64.1	73.94	166.46	154.54
Cash Growth	0.07%	-13.31%	-55.58%	7.71%	307.55%
Receivables	398.24	336.19	139.97	134.01	183.06
Inventory	135.92	227	287.57	300.41	235.9
Prepaid Expenses	30.6	25.64	20.13	7.45	1.49
Other Current Assets	116.25	107.08	108.62	104.51	100.83
Total Current Assets	745.15	760.01	630.23	712.85	675.81
Property, Plant & Equipment	49.28	43.11	42.61	43.06	43
Long-Term Investments	12.16	10.66	12.06	19.71	-
Other Intangible Assets	7.22	6.5	-	-	-
Long-Term Deferred Tax Assets	1.57	8.19	4.12	0.39	0.42
Other Long-Term Assets	21.39	19.41	29.18	18.08	15.97
Total Assets	836.77	847.88	718.21	794.09	735.2
Accounts Payable	200.39	272.18	66.45	87.95	178.61
Accrued Expenses	-	4.98	3.67	5.49	8.84
Short-Term Debt	296.51	280.75	361.88	399.84	252.5
Current Portion of Leases	6.09	3.98	2.72	5.19	4.34
Current Income Taxes Payable	2.82	2.3	2.19	6.55	7.9
Current Unearned Revenue	-	58.61	30.87	11.78	10.92
Other Current Liabilities	81.9	2.25	0.73	0.08	0.11
Total Current Liabilities	587.69	625.05	468.5	516.88	463.22
Long-Term Leases	4.23	3.98	0.42	2.29	3.6
Long-Term Deferred Tax Liabilities	0.81	0.67	0.74	0.34	0.19
Total Liabilities	592.73	629.7	469.66	519.5	467.01
Common Stock	9.95	10	10	10	10
Additional Paid-In Capital	-	105.77	105.77	105.77	105.77
Retained Earnings	-	82.83	111.84	143.09	152.35
Comprehensive Income & Other	234.09	19.58	20.94	15.73	0.07
Shareholders' Equity	244.04	218.18	248.55	274.59	268.2
Total Liabilities & Equity	836.77	847.88	718.21	794.09	735.2
Total Debt	306.82	288.71	365.01	407.32	260.44
Net Cash (Debt)	-242.68	-224.61	-291.07	-240.85	-105.9
Net Cash Per Share	-0.25	-0.22	-0.29	-0.24	-0.14
Filing Date Shares Outstanding	983.81	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	983.81	1,000	1,000	1,000	1,000
Working Capital	157.46	134.96	161.73	195.97	212.59
Book Value Per Share	0.25	0.22	0.25	0.27	0.27
Tangible Book Value	236.82	211.69	248.55	274.59	268.2
Tangible Book Value Per Share	0.24	0.21	0.25	0.27	0.27
Buildings	-	10.43	10.43	10.7	10.55
Machinery	-	23.92	23.79	20.94	16.66
Leasehold Improvements	-	16.14	16.37	12.12	11.77

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