HKG:2250 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	54.74	22.99	51.72	141.68	75.99	64.77
Short-Term Investments	4.23	44.33	45.87	6.33	7.3	3.38
Cash & Short-Term Investments	58.98	67.31	97.59	148.01	83.29	68.15
Cash Growth	-28.72%	-31.03%	-34.06%	77.71%	22.21%	82.70%
Accounts Receivable	61.05	58.78	70.24	87.78	80.74	59.57
Other Receivables	41.14	23.59	27.9	35.55	6.15	17.75
Receivables	102.19	82.37	98.15	123.33	86.88	77.32
Inventory	17.57	15.31	22.43	41.54	49.48	21.6
Prepaid Expenses	7.8	10.32	7.91	4.9	2.53	1.15
Other Current Assets	0.33	0.22	0.42	0.13	4.09	1.93
Total Current Assets	186.85	175.53	226.5	317.91	226.27	170.14
Property, Plant & Equipment	30.75	29.65	36.88	21.45	27.51	10.34
Long-Term Investments	10.52	10.38	11.02	1.28	1.24	1.22
Other Intangible Assets	2.98	3.31	2.88	2.51	2.22	2.14
Long-Term Deferred Tax Assets	11.87	11.32	8.04	6.48	4.33	3.72
Long-Term Deferred Charges	-	-	-	-	0.04	0.26
Other Long-Term Assets	45.24	62.85	62.95	63.32	4.15	1.08
Total Assets	288.21	293.05	348.27	412.95	265.76	188.9
Accounts Payable	5.21	2.31	5.65	6.47	4.25	3.82
Accrued Expenses	12.4	13.4	11.73	13.46	15.79	10.39
Short-Term Debt	51.95	45.92	43.57	-	38.73	46.8
Current Portion of Leases	6.63	6.95	7.78	7.27	5.64	4.57
Current Income Taxes Payable	0.18	2.12	-	6.39	12.73	9.83
Current Unearned Revenue	10.12	10.12	9.59	13.32	13.01	18.18
Other Current Liabilities	10.19	8.95	2.49	5.35	9.46	6.65
Total Current Liabilities	96.68	89.77	80.81	52.27	99.61	100.24
Long-Term Leases	7.31	10.36	18.32	9.12	15.44	-
Long-Term Deferred Tax Liabilities	0.46	0.01	0.16	0.25	0.43	0.52
Total Liabilities	105.23	100.14	99.29	61.64	115.48	100.75
Common Stock	0.19	0.19	0.19	0.2	0.08	0.48
Additional Paid-In Capital	240.51	240.51	245.25	294.44	115.74	-
Retained Earnings	29.07	47.67	94.07	140.28	64.72	56.23
Comprehensive Income & Other	-87.52	-96.8	-92.11	-83.6	-30.27	31.43
Total Common Equity	182.24	191.57	247.41	351.31	150.28	88.15
Minority Interest	0.73	1.35	1.57	-	-	-
Shareholders' Equity	182.98	192.92	248.98	351.31	150.28	88.15
Total Liabilities & Equity	288.21	293.05	348.27	412.95	265.76	188.9
Total Debt	66.67	63.23	69.67	16.39	59.81	51.38
Net Cash (Debt)	-7.7	4.08	27.92	131.62	23.47	16.78
Net Cash Growth	-	-85.39%	-78.78%	460.72%	39.93%	-
Net Cash Per Share	-0.01	0.00	0.03	0.13	0.03	0.02
Filing Date Shares Outstanding	980.99	980.99	980.99	1,000	1,000	0.08
Total Common Shares Outstanding	980.99	980.99	980.99	1,000	880	0.08
Working Capital	90.17	85.77	145.69	265.64	126.66	69.9
Book Value Per Share	0.19	0.20	0.25	0.35	0.17	1037.98
Tangible Book Value	179.27	188.26	244.53	348.8	148.05	86
Tangible Book Value Per Share	0.18	0.19	0.25	0.35	0.17	1012.76
Machinery	-	29.11	26.73	20.73	16.96	13.84
Leasehold Improvements	-	13.49	9.64	4.48	4.48	2.04
Order Backlog	-	-	-	88.8	78.15	77.78

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