HKG:1920 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	31.12	10.54	18.6	14.01	9.56
Cash & Short-Term Investments	31.12	10.54	18.6	14.01	9.56
Cash Growth	195.26%	-43.34%	32.80%	46.46%	60.86%
Accounts Receivable	9.67	25.93	28.62	71.24	136.44
Other Receivables	1.03	-	-	0.18	0.46
Receivables	10.7	25.93	28.62	71.41	136.9
Inventory	1.1	-	-	-	-
Prepaid Expenses	-	-	16.9	26.56	27.5
Other Current Assets	6.86	-	-	-	5
Total Current Assets	49.77	36.47	64.12	111.98	178.96
Property, Plant & Equipment	10.12	3	4.94	9.36	9.8
Long-Term Investments	2.91	-	-	-	2.48
Other Long-Term Assets	-	2.8	2.7	2.6	-
Total Assets	62.8	42.26	71.76	123.94	191.25
Accounts Payable	3.52	25.41	7.16	7.65	26.92
Accrued Expenses	5.5	1.72	1.8	1.79	2.06
Short-Term Debt	2	5.31	9.62	9.7	16.28
Current Portion of Leases	2.97	-	-	-	-
Current Unearned Revenue	29.2	-	-	0	0.23
Other Current Liabilities	0.28	-	-	-	0.03
Total Current Liabilities	43.47	32.43	18.59	19.15	45.52
Long-Term Leases	5.13	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.11
Total Liabilities	48.6	32.43	18.59	19.15	45.63
Common Stock	37.44	31.2	31.2	31.2	26
Additional Paid-In Capital	101.74	93.78	93.78	93.78	83.61
Retained Earnings	-125.84	-115.75	-72.41	-20.79	35.41
Comprehensive Income & Other	5.31	0.6	0.6	0.6	0.6
Total Common Equity	18.65	9.83	53.17	104.79	145.62
Minority Interest	-4.45	-	-	-	-
Shareholders' Equity	14.2	9.83	53.17	104.79	145.62
Total Liabilities & Equity	62.8	42.26	71.76	123.94	191.25
Total Debt	10.09	5.31	9.62	9.7	16.28
Net Cash (Debt)	21.03	5.23	8.98	4.31	-6.72
Net Cash Growth	301.78%	-41.71%	108.50%	-	-
Net Cash Per Share	0.06	0.02	0.03	0.01	-0.03
Filing Date Shares Outstanding	374.4	312	312	312	260
Total Common Shares Outstanding	374.4	312	312	312	260
Working Capital	6.3	4.04	45.53	92.83	133.44
Book Value Per Share	0.05	0.03	0.17	0.34	0.56
Tangible Book Value	18.65	9.83	53.17	104.79	145.62
Tangible Book Value Per Share	0.05	0.03	0.17	0.34	0.56
Land	-	-	-	2.77	8.03
Machinery	8.54	7.96	7.96	13.91	8.2
Leasehold Improvements	1.56	-	-	-	-