SMIT Holdings Limited (HKG:2239)

SMIT Holdings Balance Sheet

Financials in millions USD. 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	41.99	19.02	19.07	20.57	48.23	18.8
Cash & Short-Term Investments	41.99	19.02	19.07	20.57	48.23	18.8
Cash Growth	184.12%	-0.28%	-7.27%	-57.36%	156.57%	-59.56%
Accounts Receivable	8.36	4.55	3.15	5.01	3.13	3.69
Other Receivables	0	29.53	3.41	4.05	6.24	24.14
Receivables	8.36	34.08	6.56	9.07	9.37	27.84
Inventory	4.62	4	3.53	4.27	4.72	5.76
Other Current Assets	3.8	-	-	-	-	-
Total Current Assets	58.77	57.1	29.16	33.9	62.33	52.39
Property, Plant & Equipment	3.81	3.97	3.78	4.09	7.19	17.35
Long-Term Investments	62.45	71.44	93.52	128.43	143.99	104.96
Goodwill	6.3	6.11	5.97	6.06	6.16	6.73
Other Intangible Assets	13.69	14.82	17.53	21.48	25.86	38.83
Long-Term Deferred Tax Assets	1.16	1.09	1.04	1.56	1.49	6.71
Other Long-Term Assets	0.25	0.28	0.2	0.42	0.22	5.05
Total Assets	146.42	154.8	151.2	195.94	247.24	232.03

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	0.96	1.7	0.91	0.77	0.9	1.25
Accrued Expenses	6.78	2.55	2.55	2.63	3.78	7.06
Short-Term Debt	0.06	-	-	-	16.86	-
Current Portion of Long-Term Debt	-	-	-	-	-	13.33
Current Portion of Leases	1.18	1.15	0.75	0.6	0.69	0.65
Current Income Taxes Payable	-	0.23	0.22	0.19	5.29	-
Current Unearned Revenue	1.19	0.99	1.73	2.34	8.32	16.73
Other Current Liabilities	-	7	1.04	0.86	1.07	1.1
Total Current Liabilities	10.17	13.62	7.18	7.39	36.92	40.12
Long-Term Debt	1.39	-	-	-	-	15.06
Long-Term Leases	0.77	0.65	0.58	0.27	1.05	1.92
Long-Term Unearned Revenue	9.44	10.35	12.84	16.73	21.63	36.56
Long-Term Deferred Tax Liabilities	2.62	2.53	-	-	-	-
Other Long-Term Liabilities	0.11	0.11	-	0.05	0.05	-
Total Liabilities	24.5	27.26	20.61	24.44	59.65	93.65

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	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	103.88	103.07	103.48	103.9	102.44	102.83
Retained Earnings	50.12	59.05	64.35	102.81	116.71	59.52
Comprehensive Income & Other	-34.98	-36.89	-38.73	-37.13	-33.76	-26.4
Total Common Equity	119.02	125.24	129.12	169.59	185.39	135.95
Minority Interest	2.91	2.31	1.47	1.91	2.2	2.42
Shareholders' Equity	121.93	127.54	130.59	171.5	187.58	138.37
Total Liabilities & Equity	146.42	154.8	151.2	195.94	247.24	232.03

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	3.4	1.8	1.33	0.87	18.59	30.96
Net Cash (Debt)	38.59	17.22	17.74	19.7	29.64	-12.16
Net Cash Growth	210.18%	-2.93%	-9.94%	-33.53%	-	-
Net Cash Per Share	0.12	0.05	0.05	0.06	0.09	-0.04
Filing Date Shares Outstanding	297.85	324.93	324.93	324.93	320.38	320.35
Total Common Shares Outstanding	297.85	324.93	324.93	324.93	320.38	320.35
Working Capital	48.61	43.48	21.97	26.52	25.41	12.27
Book Value Per Share	0.40	0.39	0.40	0.52	0.58	0.42
Tangible Book Value	99.03	104.31	105.61	142.05	153.36	90.39
Tangible Book Value Per Share	0.33	0.32	0.33	0.44	0.48	0.28
Machinery	-	6.32	5.99	5.7	12.47	18.47
Leasehold Improvements	-	3.96	4.25	4.24	4.47	6

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 22, 2026

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