Kwan On Holdings Balance Sheet

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

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	6.57	14.49	26.54	47.62	149.35	172.43
Short-Term Investments	9.89	6.69	-	-	-	-
Cash & Short-Term Investments	16.46	21.17	26.54	47.62	149.35	172.43
Cash Growth	-55.02%	-20.21%	-44.28%	-68.11%	-13.38%	57.42%
Accounts Receivable	86.05	110.22	428.74	298.73	157.6	237.59
Other Receivables	40.99	40.65	81.98	164.86	123.66	147.66
Receivables	127.04	150.87	510.72	463.59	281.26	385.25
Inventory	-	-	-	164.79	167.93	174.08
Prepaid Expenses	0.31	0.3	-	-	37.3	33.99
Other Current Assets	-	-	56.51	95.46	82.16	58.61
Total Current Assets	143.8	172.34	593.76	771.46	718	824.36
Property, Plant & Equipment	23.39	23.7	32.39	48.48	56.6	62.94
Long-Term Investments	-	-	16.51	25.77	27.67	43.24
Long-Term Deferred Tax Assets	-	-	3.73	3.18	-	-
Other Long-Term Assets	-	-	4.34	5.64	6.68	28.53
Total Assets	167.2	196.05	650.74	854.54	808.94	959.07
Accounts Payable	39.9	63.81	117.01	73.53	37.32	42.3
Accrued Expenses	17.21	16.88	145.64	102.93	-	-
Short-Term Debt	7.38	7.65	85.06	135.24	185.25	158.33
Current Portion of Long-Term Debt	-	-	-	13.91	14.46	15.43
Current Portion of Leases	0	0.01	3.17	8.17	6.31	8.66
Current Income Taxes Payable	4.4	4.51	4.12	9.15	5.59	2.32
Current Unearned Revenue	-	-	29.75	32.98	15.51	79.41
Other Current Liabilities	57.04	59.85	131.46	112.95	71.31	65.2
Total Current Liabilities	125.94	152.71	516.2	488.86	335.74	371.65
Long-Term Debt	-	-	-	20.87	36.14	54.01
Long-Term Leases	-	-	0.23	2.84	8.33	6.95
Pension & Post-Retirement Benefits	0.23	0.23	0.23	-	-	-
Long-Term Deferred Tax Liabilities	0.04	0.04	0.47	2.31	2.58	5.3
Total Liabilities	126.21	152.98	517.14	514.88	382.8	437.91
Common Stock	18.69	18.69	18.69	18.69	15.84	15.84
Additional Paid-In Capital	417.25	417.25	417.25	417.25	378.45	378.45
Retained Earnings	-311.81	-305.35	-240.03	-84.63	27.09	95.05
Comprehensive Income & Other	-51.08	-54.93	-25.9	-9.8	6.15	32.36
Total Common Equity	73.06	75.67	170.01	341.52	427.53	521.7
Minority Interest	-32.07	-32.6	-36.41	-1.86	-1.38	-0.55
Shareholders' Equity	40.99	43.07	133.6	339.66	426.14	521.15
Total Liabilities & Equity	167.2	196.05	650.74	854.54	808.94	959.07
Total Debt	7.38	7.66	88.46	181.03	250.48	243.38
Net Cash (Debt)	9.08	13.51	-61.93	-133.4	-101.13	-70.95
Net Cash Per Share	0.00	0.01	-0.03	-0.08	-0.06	-0.04
Filing Date Shares Outstanding	1,869	1,869	1,869	1,869	1,584	1,584
Total Common Shares Outstanding	1,869	1,869	1,869	1,869	1,584	1,584
Working Capital	17.87	19.64	77.56	282.6	382.26	452.71
Book Value Per Share	0.04	0.04	0.09	0.18	0.27	0.33
Tangible Book Value	73.06	75.67	170.01	341.52	427.53	521.7
Tangible Book Value Per Share	0.04	0.04	0.09	0.18	0.27	0.33
Land	27.86	27.86	28.4	32.88	32.88	32.88
Machinery	2.28	2.15	38.21	44.17	44.53	50.12
Leasehold Improvements	1.01	1.01	1.34	1.34	1.34	1.34
Order Backlog	-	-	-	-	715.5	770.5

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