Sterling Group 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	14.15	14.71	26.97	20.85	33.39	63.85
Cash & Short-Term Investments	14.15	14.71	26.97	20.85	33.39	63.85
Cash Growth	-37.43%	-45.45%	29.32%	-37.55%	-47.71%	33.48%
Accounts Receivable	90.3	50.32	123.63	127.51	124.85	142.71
Other Receivables	13.58	5.39	6.28	-10.14	0.18	4.01
Receivables	103.88	55.71	129.91	117.37	125.03	150.01
Inventory	21	20.5	28.27	52.83	40.02	35.85
Prepaid Expenses	1	4.66	2.48	2.59	4.13	2.49
Other Current Assets	0.73	0.61	31.32	0.72	0.84	1.65
Total Current Assets	140.76	96.2	218.95	194.35	203.42	253.85
Property, Plant & Equipment	51.37	54.15	61.47	65.44	74.25	81.02
Goodwill	15.36	15.36	15.53	15.82	16.82	18.12
Other Intangible Assets	6.4	6.4	6.4	6.4	6.75	7.61
Long-Term Accounts Receivable	-	-	-	-	2.71	-
Long-Term Deferred Tax Assets	9.42	9.42	10.07	10.78	11.78	4.13
Other Long-Term Assets	9.46	9.35	9.05	8.78	8.51	19.84
Total Assets	232.76	250.25	321.48	301.57	324.24	384.58
Accounts Payable	109.17	79.16	74.74	84.3	83.89	62.62
Short-Term Debt	69.76	105.31	188.55	145.59	165.16	237.08
Current Portion of Leases	0.82	1.06	1.06	1.05	3.47	6.23
Current Income Taxes Payable	-	-	-	0.14	-	-
Other Current Liabilities	18.92	22.81	16.24	10.83	15.84	14.76
Total Current Liabilities	199.7	208.34	280.58	241.91	268.37	320.68
Long-Term Debt	-	-	-	-	18.99	-
Long-Term Leases	2.74	2.91	4.49	4.38	5.61	3.32
Pension & Post-Retirement Benefits	3.04	3.08	2.97	2.22	2.07	2.91
Long-Term Deferred Tax Liabilities	5.6	5.42	6.11	6.06	2.36	0.67
Total Liabilities	211.08	219.75	294.15	254.57	297.39	327.58
Common Stock	13.82	13.82	9.6	9.6	8	8
Additional Paid-In Capital	74.59	74.59	69.74	69.74	66.54	66.54
Retained Earnings	-107.25	-99.65	-93.5	-75.14	-95.07	-56.22
Comprehensive Income & Other	40.51	41.74	41.49	42.81	47.37	38.69
Shareholders' Equity	21.67	30.51	27.33	47	26.85	57
Total Liabilities & Equity	232.76	250.25	321.48	301.57	324.24	384.58
Total Debt	73.33	109.28	194.1	151.02	193.23	246.62
Net Cash (Debt)	-59.18	-94.57	-167.14	-130.17	-159.84	-182.77
Net Cash Per Share	-0.18	-0.33	-0.70	-0.61	-0.80	-0.91
Filing Date Shares Outstanding	345.6	345.6	240	240	200	200
Total Common Shares Outstanding	345.6	345.6	240	240	200	200
Working Capital	-58.95	-112.14	-61.63	-47.55	-64.95	-66.83
Book Value Per Share	0.06	0.09	0.11	0.20	0.13	0.29
Tangible Book Value	-0.09	8.75	5.4	24.79	3.27	31.28
Tangible Book Value Per Share	-0.00	0.03	0.02	0.10	0.02	0.16
Land	-	-	-	-	-	33.65
Buildings	-	31.88	31.7	31.64	31.84	-
Machinery	-	55	55.12	54	54.42	65.35
Construction In Progress	-	-	-	-	0.16	0.16
Leasehold Improvements	-	22.09	22.11	22.1	21.77	20.54

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