Time Watch Investments Balance Sheet

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

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	913.96	979.75	959.23	792.2	840.5	254.86
Short-Term Investments	290.6	219.07	210.22	290.93	79.66	507.83
Trading Asset Securities	-	-	-	93.13	71.34	308.08
Cash & Short-Term Investments	1,205	1,199	1,169	1,176	991.49	1,071
Cash Growth	17.49%	2.51%	-0.58%	18.63%	-7.40%	49.24%
Accounts Receivable	57.45	90.12	131.58	162.64	187.67	284.95
Other Receivables	59.81	30.83	29.2	43.28	42.96	47.31
Receivables	117.26	120.96	160.77	205.92	230.63	332.26
Inventory	167.18	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	1,489	1,506	1,546	1,637	1,600	1,844
Property, Plant & Equipment	334.52	351.92	379.61	429.78	486.72	498.29
Long-Term Investments	450.69	423.39	407.6	366.69	664.07	570.87
Long-Term Deferred Tax Assets	55.31	55.56	55.48	52.64	58.97	55.16
Other Long-Term Assets	134.72	134.65	152.67	133.27	127.68	109.76
Total Assets	2,464	2,471	2,541	2,620	2,937	3,078
Accounts Payable	24.99	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	64.51	15.7	15.62	15.67	15.7	7.77
Current Portion of Leases	2.58	3.16	4.67	5.88	10.82	11.32
Current Income Taxes Payable	38.95	53.55	38.86	34.36	48.97	63.57
Other Current Liabilities	68.9	47.57	44.92	52.75	68.22	64.81
Total Current Liabilities	199.93	170.73	154.72	155.17	236.28	328.8
Long-Term Leases	2.4	3.61	7.17	9.94	14.66	4.89
Long-Term Deferred Tax Liabilities	33.92	34.99	62.82	66.89	74.82	110.31
Total Liabilities	236.25	209.33	224.71	232	325.75	444
Common Stock	205.81	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	2,025	-371.09	-370.54	-347.76	-216.85	-168.36
Total Common Equity	2,231	2,262	2,315	2,386	2,583	2,602
Minority Interest	-2.82	0.26	1.58	1.53	28.81	31.99
Shareholders' Equity	2,228	2,262	2,316	2,388	2,612	2,634
Total Liabilities & Equity	2,464	2,471	2,541	2,620	2,937	3,078
Total Debt	69.49	38.91	27.46	31.49	41.17	63.97
Net Cash (Debt)	1,135	1,160	1,142	1,145	950.33	1,007
Net Cash Growth	13.28%	1.57%	-0.24%	20.46%	-5.61%	46.20%
Net Cash Per Share	0.55	0.56	0.55	0.56	0.46	0.48
Filing Date Shares Outstanding	2,058	2,058	2,058	2,058	2,058	2,076
Total Common Shares Outstanding	2,058	2,058	2,058	2,058	2,058	2,076
Working Capital	1,289	1,335	1,391	1,482	1,364	1,515
Book Value Per Share	1.08	1.10	1.12	1.16	1.25	1.25
Tangible Book Value	2,231	2,262	2,315	2,386	2,583	2,602
Tangible Book Value Per Share	1.08	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 Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.