HKG:2111 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	1,037	980.28	927.84	1,051	898.87
Short-Term Investments	-	-	-	36.95	163.81
Cash & Short-Term Investments	1,037	980.28	927.84	1,088	1,063
Cash Growth	5.82%	5.65%	-14.73%	2.39%	-3.50%
Accounts Receivable	836.89	874.51	737.67	654.75	849.43
Other Receivables	59.68	101.88	80.51	67.13	83.19
Receivables	896.57	976.39	818.18	721.88	932.62
Inventory	1,301	1,255	1,009	1,136	1,457
Other Current Assets	140.32	149.97	126.19	133.28	171.4
Total Current Assets	3,376	3,362	2,881	3,079	3,623
Property, Plant & Equipment	3,148	2,999	3,015	3,106	3,276
Long-Term Investments	36.54	41.53	37.93	39.42	38.67
Long-Term Deferred Tax Assets	17.11	13.21	7.64	9.07	5.58
Other Long-Term Assets	85.23	96.63	41.92	39.41	58.35
Total Assets	6,663	6,513	5,983	6,273	7,002
Accounts Payable	674.34	726.41	626.72	529.14	814.23
Accrued Expenses	224.15	204.57	202.07	180.17	205.08
Short-Term Debt	450.11	510.84	1,018	1,528	1,326
Current Portion of Long-Term Debt	108.3	102.84	61.74	465.18	186.01
Current Portion of Leases	118.36	44.53	42.59	38.18	42.74
Current Income Taxes Payable	20.45	41.54	13.2	10.19	46.75
Current Unearned Revenue	46.21	42.34	31.41	41.05	34.86
Other Current Liabilities	100.63	194	107.12	109.54	153.08
Total Current Liabilities	1,743	1,867	2,103	2,901	2,808
Long-Term Debt	817.06	947.58	435.19	105.52	648.79
Long-Term Leases	160.77	119.53	91.99	93.37	128.97
Long-Term Unearned Revenue	9.46	11.23	12.17	14.29	15.39
Pension & Post-Retirement Benefits	15.11	12.66	9.41	8.19	9.79
Long-Term Deferred Tax Liabilities	11.2	13.66	11.42	9.74	9.7
Other Long-Term Liabilities	18.48	6.77	5.18	2.16	7.59
Total Liabilities	2,775	2,978	2,668	3,134	3,629
Common Stock	10.4	10.4	10.4	10.4	10.4
Additional Paid-In Capital	593.25	593.25	593.25	593.25	593.25
Retained Earnings	3,456	3,200	2,849	2,601	2,500
Comprehensive Income & Other	-275.04	-356.73	-238.28	-164.46	177.59
Total Common Equity	3,785	3,447	3,214	3,040	3,281
Minority Interest	103.56	87.22	101.22	98.23	91.79
Shareholders' Equity	3,888	3,534	3,316	3,138	3,373
Total Liabilities & Equity	6,663	6,513	5,983	6,273	7,002
Total Debt	1,655	1,725	1,649	2,230	2,332
Net Cash (Debt)	-617.31	-745.04	-721.32	-1,142	-1,269
Net Cash Per Share	-0.59	-0.72	-0.69	-1.10	-1.22
Filing Date Shares Outstanding	1,040	1,040	1,040	1,040	1,040
Total Common Shares Outstanding	1,040	1,040	1,040	1,040	1,040
Working Capital	1,633	1,495	778.31	178.11	815.15
Book Value Per Share	3.64	3.32	3.09	2.92	3.16
Tangible Book Value	3,785	3,447	3,214	3,040	3,281
Tangible Book Value Per Share	3.64	3.32	3.09	2.92	3.16
Buildings	1,754	1,618	1,587	1,411	1,452
Machinery	3,846	3,666	3,438	3,267	3,409
Construction In Progress	111.52	84.87	109.45	287.41	57.39

Source: S&P Global Market Intelligence. Standard template. Financial Sources.