Man Shun Group (Holdings) Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	85	65.02	88.37	64.58	85.83
Short-Term Investments	1.01	1.79	2.81	4.41	3.31
Cash & Short-Term Investments	86.01	66.81	91.18	68.99	89.14
Cash Growth	28.72%	-26.73%	32.16%	-22.60%	-4.43%
Accounts Receivable	49.61	67.03	77.19	86	72.49
Other Receivables	-	0.2	-	-	-
Receivables	49.61	67.23	77.19	86	72.49
Inventory	2.34	0.8	2.23	3.11	2.86
Other Current Assets	-	-	-	3.85	4.23
Total Current Assets	137.95	134.84	170.6	161.95	168.72
Property, Plant & Equipment	1.75	1.66	2.12	2.42	2.78
Total Assets	139.7	136.5	172.71	164.37	171.5
Accounts Payable	5.73	4.26	11.77	3.78	10.2
Accrued Expenses	0.15	0.2	0.33	0.59	-
Current Portion of Leases	0.98	0.73	1.03	1.05	1.44
Current Unearned Revenue	4.36	0.38	0.18	0.73	-
Other Current Liabilities	9.83	9.82	7.06	6.82	8.38
Total Current Liabilities	21.04	15.38	20.36	12.97	20.02
Long-Term Leases	0.19	0.13	0.48	0.24	0.56
Long-Term Deferred Tax Liabilities	0.01	0.03	0.04	0.01	-
Total Liabilities	21.24	15.53	20.89	13.22	20.59
Common Stock	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	2.01	2.01	2.01	2.01	2.01
Shareholders' Equity	118.45	120.97	151.83	151.15	150.91
Total Liabilities & Equity	139.7	136.5	172.71	164.37	171.5
Total Debt	1.17	0.85	1.51	1.29	2.01
Net Cash (Debt)	84.84	65.96	89.67	67.7	87.13
Net Cash Growth	28.62%	-26.44%	32.45%	-22.30%	-3.37%
Net Cash Per Share	0.08	0.07	0.09	0.07	0.09
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	116.91	119.46	150.23	148.98	148.7
Book Value Per Share	0.12	0.12	0.15	0.15	0.15
Tangible Book Value	118.45	120.97	151.83	151.15	150.91
Tangible Book Value Per Share	0.12	0.12	0.15	0.15	0.15
Machinery	5.17	4.88	4.97	5	4.5
Leasehold Improvements	0.75	0.75	0.75	0.75	0.75