Welife Technology 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	30.13	22.74	76.29	95.8	80.18	147.5
Short-Term Investments	0.57	-	2	-	20	-
Cash & Short-Term Investments	30.7	22.74	78.29	95.8	100.18	147.5
Cash Growth	-50.88%	-70.95%	-18.28%	-4.38%	-32.08%	6.11%
Accounts Receivable	0.39	1.25	2.6	0.89	0.04	0.27
Other Receivables	20.97	1.18	2.28	2.14	3.83	10.75
Receivables	21.36	2.43	4.88	3.04	3.87	11.02
Inventory	0.68	1.25	1.04	1.42	1.94	4.5
Prepaid Expenses	-	0.61	2.63	2.38	1.88	4.34
Other Current Assets	-	21.62	17.14	10.87	9.63	18.71
Total Current Assets	52.73	48.66	103.97	113.51	117.5	186.07
Property, Plant & Equipment	24.86	12.01	46.16	100.63	159.53	283.23
Long-Term Deferred Tax Assets	-	-	-	-	-	0.08
Other Long-Term Assets	1.56	18.6	33.55	41.65	59.57	66.63
Total Assets	79.16	79.27	183.67	255.8	336.6	536.01
Accounts Payable	1.58	3.45	6.67	7.43	0.47	4.28
Accrued Expenses	-	19.77	23.92	22.27	15.67	13.99
Short-Term Debt	-	-	14.45	37.38	44.45	63.96
Current Portion of Leases	13.05	7.04	47.62	69.69	79.08	84.33
Current Income Taxes Payable	-	0.4	0.3	-	-	-
Current Unearned Revenue	21.59	12.32	19.53	32.36	37.38	53.83
Other Current Liabilities	19.8	21.59	14.58	0.99	0.75	1.22
Total Current Liabilities	56.01	64.57	127.07	170.12	177.8	221.6
Long-Term Leases	3.38	4.93	11.97	68.91	133.75	254.71
Long-Term Unearned Revenue	0.85	0.22	1.01	1.34	1.2	1.93
Other Long-Term Liabilities	1.11	0.85	2.78	3.57	5.08	7
Total Liabilities	61.35	70.57	142.83	243.93	317.83	485.23
Common Stock	11.5	11.5	11.5	11.5	11.5	11.5
Additional Paid-In Capital	135.97	135.97	135.97	135.97	135.97	135.97
Retained Earnings	-153.95	-163.24	-131.27	-160.11	-153.17	-121.16
Comprehensive Income & Other	24.3	24.47	24.64	24.51	24.47	24.47
Total Common Equity	17.81	8.7	40.84	11.87	18.77	50.78
Shareholders' Equity	17.81	8.7	40.84	11.87	18.77	50.78
Total Liabilities & Equity	79.16	79.27	183.67	255.8	336.6	536.01
Total Debt	16.43	11.97	74.04	175.98	257.28	402.99
Net Cash (Debt)	14.27	10.77	4.25	-80.18	-157.1	-255.49
Net Cash Growth	-35.50%	153.66%	-	-	-	-
Net Cash Per Share	0.01	0.01	0.00	-0.07	-0.14	-0.24
Filing Date Shares Outstanding	1,150	1,150	1,150	1,150	1,150	1,150
Total Common Shares Outstanding	1,150	1,150	1,150	1,150	1,150	1,150
Working Capital	-3.28	-15.92	-23.1	-56.6	-60.3	-35.52
Book Value Per Share	0.02	0.01	0.04	0.01	0.02	0.04
Tangible Book Value	17.81	8.7	40.84	11.87	18.77	50.78
Tangible Book Value Per Share	0.02	0.01	0.04	0.01	0.02	0.04
Machinery	-	24.41	65.58	70.91	81.29	92.16
Leasehold Improvements	-	33.48	68.22	73.17	86.29	102.95

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