Time Watch Investments Balance Sheet

Financials in millions HKD. Fiscal year is July - June.

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	979.75	959.23	792.2	840.5	254.86
Short-Term Investments	219.07	210.22	290.93	79.66	507.83
Trading Asset Securities	-	-	93.13	71.34	308.08
Cash & Short-Term Investments	1,199	1,169	1,176	991.49	1,071
Cash Growth	2.51%	-0.58%	18.63%	-7.40%	49.24%
Accounts Receivable	90.12	131.58	162.64	187.67	284.95
Other Receivables	30.83	29.2	43.28	42.96	47.31
Receivables	120.96	160.77	205.92	230.63	332.26
Inventory	166.74	187.38	228.63	354.42	378.68
Prepaid Expenses	15.94	22.56	21.32	19.03	32.43
Other Current Assets	3.15	5.34	5.08	4.35	29.58
Total Current Assets	1,506	1,546	1,637	1,600	1,844
Property, Plant & Equipment	351.92	379.61	429.78	486.72	498.29
Long-Term Investments	423.39	407.6	366.69	664.07	570.87
Long-Term Deferred Tax Assets	55.56	55.48	52.64	58.97	55.16
Other Long-Term Assets	134.65	152.67	133.27	127.68	109.76
Total Assets	2,471	2,541	2,620	2,937	3,078
Accounts Payable	16.39	23.13	17.63	45.79	56.9
Accrued Expenses	17.93	27.52	28.89	46.79	84.43
Short-Term Debt	16.44	-	-	-	40
Current Portion of Long-Term Debt	15.7	15.62	15.67	15.7	7.77
Current Portion of Leases	3.16	4.67	5.88	10.82	11.32
Current Income Taxes Payable	53.55	38.86	34.36	48.97	63.57
Other Current Liabilities	47.57	44.92	52.75	68.22	64.81
Total Current Liabilities	170.73	154.72	155.17	236.28	328.8
Long-Term Leases	3.61	7.17	9.94	14.66	4.89
Long-Term Deferred Tax Liabilities	34.99	62.82	66.89	74.82	110.31
Total Liabilities	209.33	224.71	232	325.75	444
Common Stock	205.81	205.81	205.81	205.81	207.64
Additional Paid-In Capital	501.23	501.23	501.23	501.23	508.84
Retained Earnings	1,926	1,978	2,027	2,093	2,054
Comprehensive Income & Other	-371.09	-370.54	-347.76	-216.85	-168.36
Total Common Equity	2,262	2,315	2,386	2,583	2,602
Minority Interest	0.26	1.58	1.53	28.81	31.99
Shareholders' Equity	2,262	2,316	2,388	2,612	2,634
Total Liabilities & Equity	2,471	2,541	2,620	2,937	3,078
Total Debt	38.91	27.46	31.49	41.17	63.97
Net Cash (Debt)	1,160	1,142	1,145	950.33	1,007
Net Cash Growth	1.57%	-0.24%	20.46%	-5.61%	46.20%
Net Cash Per Share	0.56	0.55	0.56	0.46	0.48
Filing Date Shares Outstanding	2,058	2,058	2,058	2,058	2,076
Total Common Shares Outstanding	2,058	2,058	2,058	2,058	2,076
Working Capital	1,335	1,391	1,482	1,364	1,515
Book Value Per Share	1.10	1.12	1.16	1.25	1.25
Tangible Book Value	2,262	2,315	2,386	2,583	2,602
Tangible Book Value Per Share	1.10	1.12	1.16	1.25	1.25
Buildings	190.79	187.06	188.11	12.32	30.45
Machinery	151.31	141.51	189.34	254.19	478.71
Construction In Progress	-	-	-	160.6	145.87
Leasehold Improvements	43.01	40.49	30.44	13.36	30.51

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