HKG:2349 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	22.3	9.72	12.57	17.08	17.43
Cash & Short-Term Investments	22.3	9.72	12.57	17.08	17.43
Cash Growth	129.40%	-22.64%	-26.45%	-1.97%	-35.73%
Accounts Receivable	24.21	10.5	9.3	9.66	18.5
Other Receivables	-	3.07	1.91	5.23	8.98
Receivables	24.21	13.57	11.22	77.79	27.48
Inventory	0.02	0.02	128.04	155.22	191.44
Prepaid Expenses	-	0.42	3.69	4.3	21.26
Other Current Assets	-	4.83	5.18	5.24	108.74
Total Current Assets	46.53	28.56	160.7	259.64	366.35
Property, Plant & Equipment	1.41	3.95	17.49	21.3	28.5
Goodwill	-	-	-	-	151.6
Other Long-Term Assets	991.56	1,037	1,052	1,121	2,132
Total Assets	1,039	1,069	1,230	1,402	2,678
Accounts Payable	29.69	6.19	10.93	12.54	7.26
Accrued Expenses	-	7.89	9.29	21.55	65.9
Current Portion of Long-Term Debt	13.33	8.51	29.67	30.68	612.26
Current Portion of Leases	1.29	2.44	1.42	2.76	2.83
Current Income Taxes Payable	0.4	0.34	81.18	65.1	50.46
Current Unearned Revenue	10.63	9.06	8.05	6.62	7.29
Other Current Liabilities	-	11.97	13.31	7.21	70.61
Total Current Liabilities	55.34	46.39	153.84	146.46	816.6
Long-Term Debt	390.01	349.58	314.59	336.97	470.9
Long-Term Leases	-	1.29	-	1.42	3.97
Long-Term Unearned Revenue	2.74	2.77	4.72	5.38	6.77
Long-Term Deferred Tax Liabilities	47.8	67.57	100.29	119.61	364.81
Total Liabilities	495.89	467.6	573.44	609.84	1,663
Common Stock	312.83	312.83	312.83	312.83	312.83
Additional Paid-In Capital	-	1,741	1,741	1,741	1,741
Retained Earnings	-	-1,377	-1,311	-1,200	-1,154
Comprehensive Income & Other	230.78	-75.46	-86.34	-61.09	114.71
Total Common Equity	543.61	601.5	656.4	792.46	1,015
Minority Interest	0	0	-	-	-
Shareholders' Equity	543.61	601.5	656.4	792.46	1,015
Total Liabilities & Equity	1,039	1,069	1,230	1,402	2,678
Total Debt	404.63	361.82	345.68	371.83	1,090
Net Cash (Debt)	-382.33	-352.1	-333.12	-354.74	-1,073
Net Cash Per Share	-0.12	-0.11	-0.11	-0.11	-0.34
Filing Date Shares Outstanding	3,119	3,128	3,128	3,128	3,128
Total Common Shares Outstanding	3,119	3,128	3,128	3,128	3,128
Working Capital	-8.81	-17.83	6.86	113.17	-450.24
Book Value Per Share	0.17	0.19	0.21	0.25	0.32
Tangible Book Value	543.61	601.5	656.4	792.46	863.52
Tangible Book Value Per Share	0.17	0.19	0.21	0.25	0.28
Machinery	-	5.84	8.2	11.14	12.57
Construction In Progress	-	4.07	4.2	4.34	4.66

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