HKG:1870 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	74.44	62.45	46.27	31.2	22.29
Short-Term Investments	10.91	0.47	0.18	1.87	0.15
Cash & Short-Term Investments	85.35	62.92	46.45	33.07	22.44
Cash Growth	35.65%	35.45%	40.45%	47.38%	-47.27%
Accounts Receivable	82.93	119.75	132.66	93.12	218.73
Other Receivables	2.9	4.11	0.49	-	-
Receivables	85.83	123.86	133.15	93.12	218.73
Inventory	26.03	12.56	5.02	13.63	35.84
Prepaid Expenses	-	4.28	2.04	2.01	4.28
Other Current Assets	8.93	5.41	15.77	15.88	73.84
Total Current Assets	206.14	209.02	202.43	157.71	355.13
Property, Plant & Equipment	35.16	31.97	2.82	2.69	4.46
Goodwill	-	6.08	-	-	-
Other Intangible Assets	6.62	0.39	-	-	0.68
Long-Term Deferred Tax Assets	0.64	0.05	0.27	-	-
Other Long-Term Assets	3.99	3.66	0.4	0.36	0.93
Total Assets	252.55	251.17	205.92	160.75	361.2
Accounts Payable	36.49	34.61	23.73	15.85	124.58
Accrued Expenses	-	9.49	6.76	6.52	6.62
Short-Term Debt	-	2.58	3.41	10.66	49.3
Current Portion of Long-Term Debt	5.9	11.7	-	-	-
Current Portion of Leases	4.47	2.75	1.27	0.79	2.25
Current Income Taxes Payable	-	0.12	2.47	0.69	1.3
Current Unearned Revenue	15.26	7.89	3.73	4.02	6.38
Other Current Liabilities	11.63	1.77	0.63	0.02	13
Total Current Liabilities	73.74	70.91	41.99	38.54	203.43
Long-Term Debt	37.77	65.46	56.29	34.99	-
Long-Term Leases	2.7	2.46	1.07	1.55	2.26
Long-Term Deferred Tax Liabilities	0.16	0.16	-	0.02	0.02
Other Long-Term Liabilities	1.12	0.91	0.8	0.48	1.25
Total Liabilities	115.48	139.9	100.15	75.58	206.96
Common Stock	10.17	6.24	6.24	6.24	6.24
Additional Paid-In Capital	-	118.23	118.23	118.23	118.23
Retained Earnings	-	-52.83	-57.27	-77.32	-19.75
Comprehensive Income & Other	125.53	36.45	37.54	37.52	49.51
Total Common Equity	135.7	108.09	104.74	84.68	154.24
Minority Interest	1.37	3.19	1.02	0.49	-
Shareholders' Equity	137.07	111.27	105.76	85.17	154.24
Total Liabilities & Equity	252.55	251.17	205.92	160.75	361.2
Total Debt	50.83	84.94	62.05	47.98	53.81
Net Cash (Debt)	34.52	-22.02	-15.6	-14.91	-31.37
Net Cash Per Share	0.04	-0.04	-0.02	-0.02	-0.06
Filing Date Shares Outstanding	1,017	624	624	624	624
Total Common Shares Outstanding	1,017	624	624	624	624
Working Capital	132.4	138.12	160.44	119.16	151.7
Book Value Per Share	0.13	0.17	0.17	0.14	0.25
Tangible Book Value	129.08	101.62	104.74	84.68	153.56
Tangible Book Value Per Share	0.13	0.16	0.17	0.14	0.25
Land	-	24.44	-	-	-
Machinery	-	5.36	1.29	0.95	5.85
Leasehold Improvements	-	0.26	-	-	2.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.