HKG:2250 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	58.85	22.99	51.72	141.68	75.99
Short-Term Investments	-	44.33	45.87	6.33	7.3
Cash & Short-Term Investments	58.85	67.31	97.59	148.01	83.29
Cash Growth	-12.57%	-31.03%	-34.06%	77.71%	22.21%
Accounts Receivable	55.64	58.78	70.24	87.78	80.74
Other Receivables	-	23.59	27.9	35.55	6.15
Receivables	55.64	82.37	98.15	123.33	86.88
Inventory	25.96	15.31	22.43	41.54	49.48
Prepaid Expenses	-	10.32	7.91	4.9	2.53
Other Current Assets	30.72	0.22	0.42	0.13	4.09
Total Current Assets	171.17	175.53	226.5	317.91	226.27
Property, Plant & Equipment	29.16	29.65	36.88	21.45	27.51
Long-Term Investments	11.94	10.38	11.02	1.28	1.24
Other Intangible Assets	2.92	3.31	2.88	2.51	2.22
Long-Term Deferred Tax Assets	12.23	11.32	8.04	6.48	4.33
Long-Term Deferred Charges	-	-	-	-	0.04
Other Long-Term Assets	18	62.85	62.95	63.32	4.15
Total Assets	245.42	293.05	348.27	412.95	265.76
Accounts Payable	8.46	2.31	5.65	6.47	4.25
Accrued Expenses	19.77	13.4	11.73	13.46	15.79
Short-Term Debt	46.46	45.92	43.57	-	38.73
Current Portion of Long-Term Debt	3.55	-	-	-	-
Current Portion of Leases	4.46	6.95	7.78	7.27	5.64
Current Income Taxes Payable	4.05	2.12	-	6.39	12.73
Current Unearned Revenue	6.84	10.12	9.59	13.32	13.01
Other Current Liabilities	17.72	8.95	2.49	5.35	9.46
Total Current Liabilities	111.3	89.77	80.81	52.27	99.61
Long-Term Debt	0.91	-	-	-	-
Long-Term Leases	6.42	10.36	18.32	9.12	15.44
Long-Term Deferred Tax Liabilities	0.47	0.01	0.16	0.25	0.43
Other Long-Term Liabilities	16.61	-	-	-	-
Total Liabilities	135.7	100.14	99.29	61.64	115.48
Common Stock	0.19	0.19	0.19	0.2	0.08
Additional Paid-In Capital	240.51	240.51	245.25	294.44	115.74
Retained Earnings	-40.03	47.67	94.07	140.28	64.72
Comprehensive Income & Other	-107.37	-96.8	-92.11	-83.6	-30.27
Total Common Equity	93.3	191.57	247.41	351.31	150.28
Minority Interest	16.42	1.35	1.57	-	-
Shareholders' Equity	109.72	192.92	248.98	351.31	150.28
Total Liabilities & Equity	245.42	293.05	348.27	412.95	265.76
Total Debt	61.79	63.23	69.67	16.39	59.81
Net Cash (Debt)	-2.94	4.08	27.92	131.62	23.47
Net Cash Growth	-	-85.39%	-78.78%	460.72%	39.93%
Net Cash Per Share	-0.00	0.00	0.03	0.13	0.03
Filing Date Shares Outstanding	980.99	980.99	980.99	1,000	1,000
Total Common Shares Outstanding	980.99	980.99	980.99	1,000	880
Working Capital	59.87	85.77	145.69	265.64	126.66
Book Value Per Share	0.10	0.20	0.25	0.35	0.17
Tangible Book Value	90.38	188.26	244.53	348.8	148.05
Tangible Book Value Per Share	0.09	0.19	0.25	0.35	0.17
Machinery	40.61	29.11	26.73	20.73	16.96
Leasehold Improvements	15.14	13.49	9.64	4.48	4.48
Order Backlog	-	-	-	88.8	78.15

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