HKG:2349 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	4.03	9.72	12.57	17.08	17.43	27.12
Cash & Short-Term Investments	4.03	9.72	12.57	17.08	17.43	27.12
Cash Growth	-59.64%	-22.64%	-26.45%	-1.97%	-35.73%	28.21%
Accounts Receivable	12.75	10.5	9.3	9.66	18.5	25.13
Other Receivables	2.66	3.07	1.91	5.23	8.98	12.57
Receivables	15.42	13.57	11.22	77.79	27.48	37.7
Inventory	0.02	0.02	128.04	155.22	191.44	188.3
Prepaid Expenses	5.71	0.42	3.69	4.3	21.26	21.79
Other Current Assets	-	4.83	5.18	5.24	108.74	103.36
Total Current Assets	25.18	28.56	160.7	259.64	366.35	378.27
Property, Plant & Equipment	2.68	3.95	17.49	21.3	28.5	33.43
Goodwill	-	-	-	-	151.6	151.6
Other Long-Term Assets	1,035	1,037	1,052	1,121	2,132	2,146
Total Assets	1,062	1,069	1,230	1,402	2,678	2,710
Accounts Payable	6.79	6.19	10.93	12.54	7.26	8.14
Accrued Expenses	7.44	7.89	9.29	21.55	65.9	46.68
Current Portion of Long-Term Debt	10.99	8.51	29.67	30.68	612.26	89.58
Current Portion of Leases	2.54	2.44	1.42	2.76	2.83	10.01
Current Income Taxes Payable	0.35	0.34	81.18	65.1	50.46	49.09
Current Unearned Revenue	8.99	9.06	8.05	6.62	7.29	19.07
Other Current Liabilities	11.11	11.97	13.31	7.21	70.61	54.54
Total Current Liabilities	48.2	46.39	153.84	146.46	816.6	277.11
Long-Term Debt	360	349.58	314.59	336.97	470.9	904.14
Long-Term Leases	-	1.29	-	1.42	3.97	2.8
Long-Term Unearned Revenue	3.16	2.77	4.72	5.38	6.77	7.37
Long-Term Deferred Tax Liabilities	60.73	67.57	100.29	119.61	364.81	375.27
Total Liabilities	472.09	467.6	573.44	609.84	1,663	1,567
Common Stock	312.83	312.83	312.83	312.83	312.83	312.83
Additional Paid-In Capital	174.1	1,741	1,741	1,741	1,741	1,741
Retained Earnings	-1,415	-1,377	-1,311	-1,200	-1,154	-986.42
Comprehensive Income & Other	1,518	-75.46	-86.34	-61.09	114.71	75.52
Total Common Equity	590.27	601.5	656.4	792.46	1,015	1,143
Minority Interest	0	0	-	-	-	-
Shareholders' Equity	590.28	601.5	656.4	792.46	1,015	1,143
Total Liabilities & Equity	1,062	1,069	1,230	1,402	2,678	2,710
Total Debt	373.52	361.82	345.68	371.83	1,090	1,007
Net Cash (Debt)	-369.49	-352.1	-333.12	-354.74	-1,073	-979.42
Net Cash Per Share	-0.12	-0.11	-0.11	-0.11	-0.34	-0.31
Filing Date Shares Outstanding	3,128	3,128	3,128	3,128	3,128	3,128
Total Common Shares Outstanding	3,128	3,128	3,128	3,128	3,128	3,128
Working Capital	-23.02	-17.83	6.86	113.17	-450.24	101.16
Book Value Per Share	0.19	0.19	0.21	0.25	0.32	0.37
Tangible Book Value	590.27	601.5	656.4	792.46	863.52	991.44
Tangible Book Value Per Share	0.19	0.19	0.21	0.25	0.28	0.32
Machinery	-	5.84	8.2	11.14	12.57	16.11
Construction In Progress	-	4.07	4.2	4.34	4.66	4.55
Leasehold Improvements	-	-	-	-	-	65.26

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