Man Shun Group (Holdings) Limited (HKG:1746)

Man Shun Group (Holdings) Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	71.3	85	65.02	88.37	64.58	85.83
Short-Term Investments	1.84	1.01	1.79	2.81	4.41	3.31
Cash & Short-Term Investments	73.14	86.01	66.81	91.18	68.99	89.14
Cash Growth	-9.10%	28.72%	-26.73%	32.16%	-22.60%	-4.43%
Accounts Receivable	65.21	49.61	67.03	77.19	86	72.49
Other Receivables	-	-	0.2	-	-	-
Receivables	65.21	49.61	67.23	77.19	86	72.49
Inventory	1.73	2.34	0.8	2.23	3.11	2.86
Other Current Assets	-	-	-	-	3.85	4.23
Total Current Assets	140.08	137.95	134.84	170.6	161.95	168.72
Property, Plant & Equipment	1.22	1.75	1.66	2.12	2.42	2.78
Total Assets	141.3	139.7	136.5	172.71	164.37	171.5

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	11.8	5.73	4.26	11.77	3.78	10.2
Accrued Expenses	0.15	0.15	0.2	0.33	0.59	-
Current Portion of Leases	0.31	0.98	0.73	1.03	1.05	1.44
Current Unearned Revenue	3.87	4.36	0.38	0.18	0.73	-
Other Current Liabilities	7.8	9.83	9.82	7.06	6.82	8.38
Total Current Liabilities	23.92	21.04	15.38	20.36	12.97	20.02
Long-Term Leases	0.14	0.19	0.13	0.48	0.24	0.56
Long-Term Deferred Tax Liabilities	0.01	0.01	0.03	0.04	0.01	-
Total Liabilities	24.07	21.24	15.53	20.89	13.22	20.59

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	10	10	10	10	10	10
Additional Paid-In Capital	-	107.85	107.85	107.85	107.85	107.85
Retained Earnings	-	-1.41	1.11	31.97	31.29	31.05
Comprehensive Income & Other	107.23	2.01	2.01	2.01	2.01	2.01
Shareholders' Equity	117.23	118.45	120.97	151.83	151.15	150.91
Total Liabilities & Equity	141.3	139.7	136.5	172.71	164.37	171.5

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.45	1.17	0.85	1.51	1.29	2.01
Net Cash (Debt)	72.7	84.84	65.96	89.67	67.7	87.13
Net Cash Growth	-8.73%	28.62%	-26.44%	32.45%	-22.30%	-3.37%
Net Cash Per Share	0.07	0.08	0.07	0.09	0.07	0.09
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000	1,000
Working Capital	116.16	116.91	119.46	150.23	148.98	148.7
Book Value Per Share	0.12	0.12	0.12	0.15	0.15	0.15
Tangible Book Value	117.23	118.45	120.97	151.83	151.15	150.91
Tangible Book Value Per Share	0.12	0.12	0.12	0.15	0.15	0.15
Machinery	5.44	5.17	4.88	4.97	5	4.5
Leasehold Improvements	0.75	0.75	0.75	0.75	0.75	0.75

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 4, 2026

Data Sources Report a data error