Kin Shing 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	92.39	108.42	169.31	150.45	136.42	186.62
Short-Term Investments	32.79	25.08	16.23	20.08	22.27	2.81
Trading Asset Securities	84.91	71.11	50.6	67.25	32.07	-
Cash & Short-Term Investments	210.09	204.61	236.13	237.78	190.77	189.44
Cash Growth	24.17%	-13.35%	-0.69%	24.64%	0.70%	0.59%
Accounts Receivable	186.7	192.4	218.15	159.76	160.37	160
Other Receivables	0.01	0.01	0.01	0.01	0.06	4.57
Receivables	186.7	192.4	218.15	159.76	160.42	164.58
Prepaid Expenses	0.05	0.16	0.16	0.16	0.16	0.49
Total Current Assets	396.84	397.17	454.44	397.7	351.34	354.5
Property, Plant & Equipment	16.46	20.43	29.44	22.46	27.93	36.63
Other Long-Term Assets	-	-	-	5.8	-	-
Total Assets	413.3	417.6	483.88	425.96	379.28	391.13
Accounts Payable	21.31	16.35	39.12	16.79	13.49	15.6
Accrued Expenses	52.96	53.55	98.93	36.02	32.55	51.48
Short-Term Debt	163.71	164.11	150.72	148.08	145.13	142.64
Current Portion of Leases	0.53	0.51	1.27	2.52	2.02	1.27
Current Unearned Revenue	47.29	46.35	44.45	43.57	17.01	4.97
Other Current Liabilities	12.46	22.19	25.74	12.07	12.22	7.98
Total Current Liabilities	298.25	303.06	360.23	259.05	222.41	223.94
Long-Term Leases	0.58	0.84	1.35	0.8	2.65	0.47
Long-Term Deferred Tax Liabilities	0.86	0.86	-	-	-	-
Total Liabilities	299.68	304.76	361.58	259.85	225.05	224.41
Common Stock	15	15	15	15	15	15
Additional Paid-In Capital	75.69	75.69	75.69	75.69	75.69	75.69
Retained Earnings	22.79	22.01	31.47	75.28	63.39	75.89
Comprehensive Income & Other	0.14	0.14	0.14	0.14	0.14	0.14
Shareholders' Equity	113.62	112.84	122.3	166.11	154.22	166.72
Total Liabilities & Equity	413.3	417.6	483.88	425.96	379.28	391.13
Total Debt	164.81	165.46	153.34	151.4	149.79	144.37
Net Cash (Debt)	45.28	39.15	82.79	86.38	40.98	45.06
Net Cash Growth	150.51%	-52.72%	-4.15%	110.80%	-9.07%	3.21%
Net Cash Per Share	0.03	0.03	0.06	0.06	0.03	0.03
Filing Date Shares Outstanding	1,500	1,500	1,500	1,500	1,500	1,500
Total Common Shares Outstanding	1,500	1,500	1,500	1,500	1,500	1,500
Working Capital	98.6	94.11	94.21	138.65	128.94	130.55
Book Value Per Share	0.08	0.08	0.08	0.11	0.10	0.11
Tangible Book Value	113.62	112.84	122.3	166.11	154.22	166.72
Tangible Book Value Per Share	0.08	0.08	0.08	0.11	0.10	0.11
Machinery	-	97.44	98.48	80.39	71.41	66.66
Leasehold Improvements	-	0.73	0.73	0.73	0.73	0.73

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.