HKG:2178 Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	18.83	15.61	26.29	39.96	26.48	29.55
Short-Term Investments	16.57	17.26	21.88	24.31	23.49	-
Cash & Short-Term Investments	35.4	32.87	48.17	64.27	49.97	29.55
Cash Growth	-32.79%	-31.77%	-25.04%	28.63%	69.07%	0.36%
Accounts Receivable	272.66	311.73	325.78	328.33	208.72	359.31
Other Receivables	20.71	22.7	23.35	23.03	39.19	34.4
Receivables	293.37	334.43	366.87	360.32	300.14	393.71
Inventory	19.01	18.5	32.92	24.93	40.83	72.32
Prepaid Expenses	-	-	-	-	0.92	2.19
Restricted Cash	31.68	28.73	5.32	-	-	-
Other Current Assets	2.13	2.21	2.35	3.47	3.58	27.26
Total Current Assets	381.58	416.73	455.63	452.99	395.43	525.04
Property, Plant & Equipment	104.91	109.7	130.07	167.5	159.27	365.9
Long-Term Investments	87.74	89.73	99.16	79.89	75.84	9.75
Goodwill	26.76	26.76	26.76	85.66	85.66	95.46
Other Intangible Assets	-	-	-	-	-	0.26
Other Long-Term Assets	0.02	0.02	0.4	0.3	0.3	22.29
Total Assets	601.01	642.94	712.01	823.41	716.49	1,019
Accounts Payable	189.43	219.04	238.83	243.72	158.6	172.86
Accrued Expenses	6.5	13.41	13.75	13.2	16.53	37.51
Current Portion of Long-Term Debt	112.08	106.39	101.95	95.23	115.06	235.73
Current Portion of Leases	0.69	1.3	1.72	1.52	1.62	10.15
Current Income Taxes Payable	3.09	8.12	9.89	5.12	8.72	7.15
Current Unearned Revenue	0.92	6.09	0.77	4.81	6.74	16.9
Other Current Liabilities	76.76	62.75	66.2	63.69	48.08	78.24
Total Current Liabilities	389.48	417.1	433.12	427.28	355.34	558.53
Long-Term Debt	39.28	45.41	86.56	132.13	70.2	91.5
Long-Term Leases	0.46	0.17	1.17	2.27	0.27	14
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.25
Total Liabilities	429.21	462.68	520.86	561.68	425.81	664.27
Common Stock	2,001	2,001	2,001	2,001	2,001	2,001
Retained Earnings	-1,929	-1,894	-1,876	-1,765	-1,765	-1,684
Comprehensive Income & Other	92.46	65.53	61.75	20.44	50.35	14.45
Total Common Equity	164.09	172.82	186.83	256.05	286.01	331.9
Minority Interest	7.71	7.45	4.33	5.69	4.67	22.52
Shareholders' Equity	171.8	180.26	191.16	261.74	290.68	354.42
Total Liabilities & Equity	601.01	642.94	712.01	823.41	716.49	1,019
Total Debt	152.51	153.26	191.41	231.15	187.15	351.38
Net Cash (Debt)	-117.11	-120.4	-143.23	-166.88	-137.19	-321.83
Net Cash Per Share	-0.07	-0.07	-0.08	-0.10	-0.08	-0.19
Filing Date Shares Outstanding	1,727	1,727	1,727	1,727	1,727	1,727
Total Common Shares Outstanding	1,727	1,727	1,727	1,727	1,727	1,727
Working Capital	-7.9	-0.37	22.5	25.71	40.09	-33.49
Book Value Per Share	0.10	0.10	0.11	0.15	0.17	0.19
Tangible Book Value	137.34	146.06	160.07	170.39	200.36	236.19
Tangible Book Value Per Share	0.08	0.08	0.09	0.10	0.12	0.14
Buildings	-	-	-	-	-	162.25
Machinery	-	489.09	492.31	501.41	504.41	505.67
Construction In Progress	-	-	-	0.52	-	-
Leasehold Improvements	-	-	-	-	-	11.64

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