Steve Leung Design Group 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	112.67	140.88	148.89	153.34	246.66	275.26
Trading Asset Securities	-	-	-	-	30.3	-
Cash & Short-Term Investments	112.67	140.88	148.89	153.34	276.96	275.26
Cash Growth	13.17%	-5.38%	-2.90%	-44.64%	0.62%	0.61%
Accounts Receivable	243.35	229.05	216.28	241.3	238.57	270.42
Other Receivables	8.98	5.84	6.85	12.91	15.77	18.37
Receivables	252.33	234.89	223.13	254.21	254.34	288.79
Inventory	0.03	0.03	0.05	0.04	1.01	1.16
Prepaid Expenses	2.29	3.06	2.45	2.99	3.36	9.51
Restricted Cash	2.27	2.72	1.72	-	-	-
Other Current Assets	0.51	0.74	0.78	0.8	1.22	8.79
Total Current Assets	370.09	382.32	377.02	411.37	536.89	583.51
Property, Plant & Equipment	49.03	55.68	56.9	53.37	69.78	89.53
Goodwill	1.18	1.17	1.19	1.21	1.32	1.28
Other Intangible Assets	1.08	1.25	1.67	2.03	2.67	3.07
Long-Term Deferred Tax Assets	52.06	51.56	52.39	44.28	32.24	25.85
Other Long-Term Assets	5.31	5.38	8.69	10.83	6.94	6.81
Total Assets	478.75	497.35	497.86	523.08	649.84	710.05
Accounts Payable	53.94	50.63	43.91	40.74	37	32.76
Accrued Expenses	7.07	10.19	13.86	16.53	20.61	17.94
Short-Term Debt	5	20	30	30	20	26.06
Current Portion of Leases	17.75	17.51	20.23	16.49	24.29	24.72
Current Income Taxes Payable	22.34	21.51	20.52	22.26	16	25.4
Current Unearned Revenue	18.33	19.38	15.1	24.04	25.35	18.34
Other Current Liabilities	7.05	10.05	6.83	7.81	6.57	26.76
Total Current Liabilities	131.49	149.27	150.45	157.87	149.82	171.98
Long-Term Leases	18.88	24.19	25.03	24.67	21.91	36.25
Long-Term Deferred Tax Liabilities	9.84	9.84	6.31	1.34	0.23	1.96
Total Liabilities	160.21	183.3	181.8	183.88	171.96	210.19
Common Stock	11.41	11.41	11.41	11.41	11.41	11.41
Additional Paid-In Capital	301.34	301.34	301.34	301.34	301.34	301.1
Retained Earnings	127.41	125.82	111.05	129.9	249.39	280.26
Comprehensive Income & Other	-131.88	-135.31	-119.27	-116.23	-95.23	-104.96
Total Common Equity	308.29	303.27	304.54	326.42	466.92	487.8
Minority Interest	10.26	10.79	11.52	12.78	10.97	12.06
Shareholders' Equity	318.55	314.06	316.06	339.21	477.88	499.86
Total Liabilities & Equity	478.75	497.35	497.86	523.08	649.84	710.05
Total Debt	41.63	61.7	75.27	71.16	66.2	87.03
Net Cash (Debt)	71.04	79.19	73.63	82.18	210.76	188.23
Net Cash Growth	63.22%	7.55%	-10.40%	-61.01%	11.97%	6.15%
Net Cash Per Share	0.06	0.07	0.06	0.07	0.18	0.16
Filing Date Shares Outstanding	1,141	1,141	1,141	1,141	1,141	1,141
Total Common Shares Outstanding	1,141	1,141	1,141	1,141	1,141	1,141
Working Capital	238.61	233.05	226.57	253.5	387.07	411.53
Book Value Per Share	0.27	0.27	0.27	0.29	0.41	0.43
Tangible Book Value	306.03	300.86	301.68	323.19	462.93	483.46
Tangible Book Value Per Share	0.27	0.26	0.26	0.28	0.41	0.42
Land	-	7.45	3.9	-	-	-
Machinery	-	41.42	38.78	44.88	46.17	41.71
Leasehold Improvements	-	41.6	41.49	41.38	43.99	40.56

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.