LH Group 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	140.02	144.81	147.66	196.46	241.95
Short-Term Investments	-	-	105.07	145.45	83.41
Cash & Short-Term Investments	140.02	144.81	252.72	341.91	325.36
Cash Growth	-3.31%	-42.70%	-26.09%	5.09%	-3.96%
Accounts Receivable	6.94	6.34	10.17	8.54	6.36
Other Receivables	3.45	2.28	2.56	0.55	0.63
Receivables	10.39	8.63	12.73	9.09	6.99
Inventory	17.32	19.42	19.98	37.51	49.72
Prepaid Expenses	15.71	21.56	15.15	15.97	10.78
Other Current Assets	33.69	31.68	24.62	23.71	22.87
Total Current Assets	217.13	226.1	325.21	428.19	415.72
Property, Plant & Equipment	365.68	435.18	335.95	320.58	293.23
Other Intangible Assets	2.06	1.68	2.57	3.92	5.23
Long-Term Deferred Tax Assets	47.94	46.72	33	30.19	27.33
Other Long-Term Assets	63.84	76.33	62.93	63.71	42.36
Total Assets	696.64	786.01	759.65	846.59	783.86
Accounts Payable	50.96	54.83	45.48	58.31	76.86
Accrued Expenses	84.21	85.86	78.88	73.98	69.3
Current Portion of Leases	90.31	114.91	109.07	96.41	85.8
Current Income Taxes Payable	1.2	3.24	12.6	3.73	9.67
Current Unearned Revenue	22.85	30.34	36.54	43.76	34.79
Other Current Liabilities	15.97	30.04	11.17	11.88	13.88
Total Current Liabilities	265.49	319.21	293.73	288.07	290.29
Long-Term Leases	178.09	209.57	146.12	127.25	93.49
Long-Term Deferred Tax Liabilities	4.01	6.39	5.33	6.12	6.89
Other Long-Term Liabilities	14.5	17.97	17.07	15.65	12.99
Total Liabilities	462.09	553.14	462.24	437.09	403.66
Common Stock	80	80	80	80	80
Additional Paid-In Capital	122.78	122.78	122.78	122.78	122.78
Retained Earnings	-	2.47	67.01	179.1	149.8
Comprehensive Income & Other	31.78	27.62	27.62	27.62	27.62
Total Common Equity	234.56	232.87	297.41	409.5	380.2
Minority Interest	-0.01	-	-	-	-
Shareholders' Equity	234.56	232.87	297.41	409.5	380.2
Total Liabilities & Equity	696.64	786.01	759.65	846.59	783.86
Total Debt	268.39	324.48	255.18	223.66	179.29
Net Cash (Debt)	-128.37	-179.67	-2.46	118.25	146.07
Net Cash Growth	-	-	-	-19.04%	-2.37%
Net Cash Per Share	-0.16	-0.22	-0.00	0.15	0.18
Filing Date Shares Outstanding	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800
Working Capital	-48.36	-93.11	31.48	140.12	125.43
Book Value Per Share	0.29	0.29	0.37	0.51	0.48
Tangible Book Value	232.5	231.19	294.84	405.58	374.97
Tangible Book Value Per Share	0.29	0.29	0.37	0.51	0.47
Land	-	51.45	51.45	51.45	66.65
Machinery	-	205.32	168.04	156.91	138.81
Leasehold Improvements	-	201.8	171.18	163.4	144.4

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