Tsit Wing International Holdings Limited (HKG:2119)

HKG:2119 Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	179.11	153.27	170.45	253.75	189.79	272.11
Cash & Short-Term Investments	179.11	153.27	170.45	253.75	189.79	272.11
Cash Growth	22.21%	-10.08%	-32.83%	33.70%	-30.25%	-1.70%
Accounts Receivable	103.54	114.18	100.71	115.17	109.63	124.79
Other Receivables	2.37	5.7	-	0.15	4.49	-
Receivables	105.92	119.88	100.71	115.32	114.12	124.79
Inventory	174.59	197.38	164.26	131.5	195.92	166.61
Prepaid Expenses	18.18	27.04	17.21	12.14	18.03	16.66
Other Current Assets	0.39	-	0.1	4.75	-	-
Total Current Assets	478.19	497.58	452.71	517.46	517.85	580.17
Property, Plant & Equipment	221.81	206.11	195.27	187.8	189.71	168.95
Other Intangible Assets	-	-	-	-	0.09	0.22
Long-Term Deferred Tax Assets	1.05	1.11	2.2	2.8	2.62	2.19
Other Long-Term Assets	7.35	9.44	29.99	27.05	20.29	10.91
Total Assets	708.4	714.23	680.17	735.12	730.57	762.45

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	81.15	95.84	77.25	63.36	77.91	89.94
Accrued Expenses	46.55	47.02	45.67	38.11	39.05	40.19
Short-Term Debt	-	7.2	4.01	7.13	10.62	3.17
Current Portion of Leases	10.25	10.97	11.87	7.43	11.32	12.59
Current Income Taxes Payable	1.09	0.8	1.48	3.71	1.05	2.3
Current Unearned Revenue	-	1.95	1.82	3.31	0.92	1.26
Other Current Liabilities	-	2.89	2.6	2.87	2.4	3.25
Total Current Liabilities	139.04	166.67	144.71	125.93	143.26	152.71
Long-Term Leases	5.55	7.37	17.35	10.52	4.71	13.34
Long-Term Deferred Tax Liabilities	12.55	12.31	8.46	8.23	7.37	7.88
Total Liabilities	157.14	186.34	170.51	144.68	155.34	173.93

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	72.07	72.07	72.07	72.07	72.07	72.07
Additional Paid-In Capital	-	338.98	338.98	338.98	338.98	338.98
Retained Earnings	-	132.75	119.28	196.05	176.38	166.87
Comprehensive Income & Other	479.19	-15.91	-20.67	-16.66	-12.2	10.6
Total Common Equity	551.26	527.89	509.66	590.44	575.24	588.52
Shareholders' Equity	551.26	527.89	509.66	590.44	575.24	588.52
Total Liabilities & Equity	708.4	714.23	680.17	735.12	730.57	762.45

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	15.8	25.54	33.23	25.09	26.65	29.11
Net Cash (Debt)	163.31	127.74	137.22	228.67	163.14	243.01
Net Cash Growth	37.33%	-6.91%	-39.99%	40.16%	-32.87%	-3.32%
Net Cash Per Share	0.23	0.18	0.19	0.32	0.23	0.34
Filing Date Shares Outstanding	720.46	720.73	720.73	720.73	720.73	720.73
Total Common Shares Outstanding	720.46	720.73	720.73	720.73	720.73	720.73
Working Capital	339.15	330.91	308.01	391.54	374.59	427.46
Book Value Per Share	0.77	0.73	0.71	0.82	0.80	0.82
Tangible Book Value	551.26	527.89	509.66	590.44	575.15	588.3
Tangible Book Value Per Share	0.77	0.73	0.71	0.82	0.80	0.82
Buildings	-	85.84	91.02	91.82	95.96	54.61
Machinery	-	300.31	260.26	253.31	294.65	296.48

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 15, 2026

Data Sources Report a data error