HKG:2178 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	44.54	15.61	26.29	39.96	26.48
Short-Term Investments	-	17.26	21.88	24.31	23.49
Cash & Short-Term Investments	44.54	32.87	48.17	64.27	49.97
Cash Growth	35.52%	-31.77%	-25.04%	28.63%	69.07%
Accounts Receivable	307.7	311.73	325.78	328.33	208.72
Other Receivables	40.37	22.7	23.35	23.03	39.19
Receivables	348.06	334.43	366.87	360.32	300.14
Inventory	22.24	18.5	32.92	24.93	40.83
Prepaid Expenses	-	-	-	-	0.92
Restricted Cash	31.98	28.73	5.32	-	-
Other Current Assets	-	2.21	2.35	3.47	3.58
Total Current Assets	446.82	416.73	455.63	452.99	395.43
Property, Plant & Equipment	103.74	109.7	130.07	167.5	159.27
Long-Term Investments	105.45	89.73	99.16	79.89	75.84
Goodwill	26.76	26.76	26.76	85.66	85.66
Other Long-Term Assets	0.42	0.02	0.4	0.3	0.3
Total Assets	683.19	642.94	712.01	823.41	716.49
Accounts Payable	228.39	219.04	238.83	243.72	158.6
Accrued Expenses	-	13.41	13.75	13.2	16.53
Current Portion of Long-Term Debt	101.9	106.39	101.95	95.23	115.06
Current Portion of Leases	1.51	1.3	1.72	1.52	1.62
Current Income Taxes Payable	-	8.12	9.89	5.12	8.72
Current Unearned Revenue	0.49	6.09	0.77	4.81	6.74
Other Current Liabilities	102.53	62.75	66.2	63.69	48.08
Total Current Liabilities	434.83	417.1	433.12	427.28	355.34
Long-Term Debt	37.6	45.41	86.56	132.13	70.2
Long-Term Leases	2.06	0.17	1.17	2.27	0.27
Total Liabilities	474.48	462.68	520.86	561.68	425.81
Common Stock	2,001	2,001	2,001	2,001	2,001
Retained Earnings	-1,892	-1,894	-1,876	-1,765	-1,765
Comprehensive Income & Other	92.09	65.53	61.75	20.44	50.35
Total Common Equity	201.58	172.82	186.83	256.05	286.01
Minority Interest	7.13	7.45	4.33	5.69	4.67
Shareholders' Equity	208.71	180.26	191.16	261.74	290.68
Total Liabilities & Equity	683.19	642.94	712.01	823.41	716.49
Total Debt	143.06	153.26	191.41	231.15	187.15
Net Cash (Debt)	-98.52	-120.4	-143.23	-166.88	-137.19
Net Cash Per Share	-0.06	-0.07	-0.08	-0.10	-0.08
Filing Date Shares Outstanding	1,727	1,727	1,727	1,727	1,727
Total Common Shares Outstanding	1,727	1,727	1,727	1,727	1,727
Working Capital	12	-0.37	22.5	25.71	40.09
Book Value Per Share	0.12	0.10	0.11	0.15	0.17
Tangible Book Value	174.83	146.06	160.07	170.39	200.36
Tangible Book Value Per Share	0.10	0.08	0.09	0.10	0.12
Machinery	-	489.09	492.31	501.41	504.41
Construction In Progress	-	-	-	0.52	-

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