Tongda Hong Tai Holdings 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	81.37	84.15	6.28	7.6	11.04	34.92
Short-Term Investments	-	-	-	-	-	1.8
Cash & Short-Term Investments	81.37	84.15	6.28	7.6	11.04	36.71
Cash Growth	-8.37%	1240.02%	-17.40%	-31.12%	-69.94%	40.02%
Accounts Receivable	44.26	44.7	32.59	57.77	174.95	241.61
Other Receivables	0.68	0.78	0.81	0.83	0.89	0.87
Receivables	44.93	45.48	33.4	58.6	175.84	242.48
Inventory	28.87	24.67	32.41	49.91	183.58	278.15
Prepaid Expenses	1.77	5.01	11.95	12.24	13.7	11.54
Restricted Cash	0.77	1.14	2.59	3.13	3.33	2.28
Total Current Assets	157.7	160.45	86.63	131.48	387.49	571.17
Property, Plant & Equipment	-	-	1.07	14.4	44.05	38.54
Long-Term Accounts Receivable	0.79	4.17	-	-	-	-
Other Long-Term Assets	-	-	-	0.5	2.3	2.19
Total Assets	158.49	164.61	87.7	146.38	433.85	611.9
Accounts Payable	27.69	32.05	28.71	47.62	139.14	153.15
Accrued Expenses	1.6	1.82	1.86	4.37	21.51	22.82
Short-Term Debt	2.89	2.95	8.25	8.04	288.56	273.12
Current Portion of Leases	6.5	6.21	0.42	5.21	5.04	2.64
Current Unearned Revenue	-	-	-	1.23	1.38	0.9
Other Current Liabilities	20.6	288.31	217.05	82.88	9.74	6.09
Total Current Liabilities	59.28	331.34	256.29	149.36	465.37	458.72
Long-Term Debt	241.06	-	63.16	184.01	-	-
Long-Term Leases	0.77	4.66	1.44	16.43	11.48	9.14
Total Liabilities	334.49	336	320.9	349.8	476.85	467.86
Common Stock	20.42	20.42	6.81	6.81	2.27	1.89
Additional Paid-In Capital	250.48	250.48	186.23	186.23	133.04	121.93
Retained Earnings	-642.54	-647.75	-622.09	-584.25	-352.82	-155.86
Comprehensive Income & Other	195.65	205.46	195.85	187.79	174.51	176.07
Shareholders' Equity	-176	-171.39	-233.2	-203.42	-43	144.03
Total Liabilities & Equity	158.49	164.61	87.7	146.38	433.85	611.9
Total Debt	251.22	13.83	73.28	213.69	305.08	284.91
Net Cash (Debt)	-169.86	70.33	-67	-206.09	-294.04	-248.19
Net Cash Per Share	-2.13	0.43	-0.98	-3.33	-13.73	-13.12
Filing Date Shares Outstanding	204.22	204.22	68.07	68.07	22.69	18.91
Total Common Shares Outstanding	204.22	204.22	68.07	68.07	22.69	18.91
Working Capital	98.42	-170.89	-169.66	-17.88	-77.88	112.45
Book Value Per Share	-0.86	-0.84	-3.43	-2.99	-1.90	7.62
Tangible Book Value	-176	-171.39	-233.2	-203.42	-43	144.03
Tangible Book Value Per Share	-0.86	-0.84	-3.43	-2.99	-1.90	7.62
Machinery	-	-	111.14	191.49	225	227.58
Leasehold Improvements	-	-	-	33.76	38.04	36

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