HKG:1520 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	14.06	29.87	6.22	31.24	52.01	15.35
Short-Term Investments	53.96	2.23	4.61	34.47	29	0.22
Trading Asset Securities	12.62	4.32	10.87	3.14	-	-
Cash & Short-Term Investments	80.64	36.42	21.7	68.85	81.02	15.56
Cash Growth	63.76%	67.87%	-68.49%	-15.02%	420.56%	-80.19%
Accounts Receivable	45.49	35.44	36.8	31.66	39.07	27.49
Other Receivables	15.08	31.71	30.53	14.58	11.84	8.51
Receivables	83.83	103.19	102.39	76.22	137.28	143.86
Inventory	9.54	7.19	13.1	8.44	6.56	6.02
Prepaid Expenses	-	15.57	21.47	-	-	0.87
Other Current Assets	-	-	-	9.42	13.19	17
Total Current Assets	174	162.38	158.65	162.92	238.05	183.31
Property, Plant & Equipment	7.92	7.79	5.85	5.93	5.19	13.72
Long-Term Investments	9.04	15.04	6.61	0.73	0.84	-
Goodwill	2.7	2.7	19.21	28.81	42.54	34.63
Other Intangible Assets	0.7	0.7	0.7	0.8	0.8	0.8
Long-Term Deferred Tax Assets	0.47	0.45	0.44	2.16	0.55	0.56
Other Long-Term Assets	12.43	2.95	3.62	12.83	0.4	-
Total Assets	207.26	204.92	195.07	214.19	288.37	234.83

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	6.96	5.81	6.5	7.74	17.59	19.12
Accrued Expenses	27.27	8.47	25.08	14.09	12.78	9.1
Short-Term Debt	5.76	2.22	16.44	17.44	4.76	4.06
Current Portion of Leases	3.43	3.13	2	2.08	1.48	2.97
Current Income Taxes Payable	0.19	0.32	-	1.08	7.06	-
Current Unearned Revenue	-	-	-	1	0.89	0.53
Other Current Liabilities	-	7.5	6.87	8.66	9.3	1.87
Total Current Liabilities	43.6	27.43	56.89	52.09	53.86	37.64
Long-Term Debt	7.88	8.21	7.46	12.21	24.02	-
Long-Term Leases	2.04	2.11	0.7	1.18	1.19	0.93
Total Liabilities	53.52	37.75	65.05	65.47	79.07	38.58

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	38.07	38.07	26.82	21.37	19.84	16.9
Additional Paid-In Capital	619.79	619.79	503.43	442.85	426.02	375.96
Retained Earnings	-535.08	-518.88	-425.77	-355.26	-264.76	-205.18
Treasury Stock	-4.52	-4.52	-	-	-	-
Comprehensive Income & Other	37.48	34.39	26.47	39.16	27.34	8.58
Total Common Equity	155.74	168.85	130.96	148.11	208.43	196.26
Minority Interest	-1.99	-1.68	-0.94	0.6	0.87	-
Shareholders' Equity	153.74	167.17	130.02	148.71	209.3	196.26
Total Liabilities & Equity	207.26	204.92	195.07	214.19	288.37	234.83

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	19.1	15.66	26.6	32.91	31.46	7.95
Net Cash (Debt)	61.53	20.76	-4.9	35.94	49.56	7.61
Net Cash Growth	83.41%	-	-	-27.48%	551.31%	-89.66%
Net Cash Per Share	0.07	0.03	-0.01	0.07	0.11	0.02
Filing Date Shares Outstanding	948.94	948.94	670.54	534.27	495.91	422.5
Total Common Shares Outstanding	948.94	948.94	670.54	534.27	495.91	422.5
Working Capital	130.4	134.94	101.76	110.83	184.19	145.67
Book Value Per Share	0.16	0.18	0.20	0.28	0.42	0.46
Tangible Book Value	152.34	165.45	111.05	118.5	165.09	160.83
Tangible Book Value Per Share	0.16	0.17	0.17	0.22	0.33	0.38
Buildings	-	-	-	-	-	16.97
Machinery	-	13.2	12.18	11.1	11.22	15.38
Leasehold Improvements	-	2.98	2.78	7.58	12.46	11.96