Tongda Hong Tai Holdings 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	84.9	84.15	6.28	7.6	11.04
Cash & Short-Term Investments	84.9	84.15	6.28	7.6	11.04
Cash Growth	0.88%	1240.02%	-17.40%	-31.12%	-69.94%
Accounts Receivable	22.15	44.7	32.59	57.77	174.95
Other Receivables	0.54	0.78	0.81	0.83	0.89
Receivables	22.7	45.48	33.4	58.6	175.84
Inventory	15.46	24.67	32.41	49.91	183.58
Prepaid Expenses	1.33	5.01	11.95	12.24	13.7
Restricted Cash	-	1.14	2.59	3.13	3.33
Total Current Assets	124.38	160.45	86.63	131.48	387.49
Property, Plant & Equipment	-	-	1.07	14.4	44.05
Long-Term Accounts Receivable	0.56	4.17	-	-	-
Other Long-Term Assets	-	-	-	0.5	2.3
Total Assets	124.94	164.61	87.7	146.38	433.85
Accounts Payable	9.41	32.05	28.71	47.62	139.14
Accrued Expenses	-	1.82	1.86	4.37	21.51
Short-Term Debt	2.89	2.95	8.25	8.04	288.56
Current Portion of Leases	6.69	6.21	0.42	5.21	5.04
Current Unearned Revenue	-	-	-	1.23	1.38
Other Current Liabilities	22.09	288.31	217.05	82.88	9.74
Total Current Liabilities	41.07	331.34	256.29	149.36	465.37
Long-Term Debt	279.41	-	63.16	184.01	-
Long-Term Leases	0.55	4.66	1.44	16.43	11.48
Total Liabilities	321.03	336	320.9	349.8	476.85
Common Stock	20.42	20.42	6.81	6.81	2.27
Additional Paid-In Capital	-	250.48	186.23	186.23	133.04
Retained Earnings	-216.51	-647.75	-622.09	-584.25	-352.82
Comprehensive Income & Other	-	205.46	195.85	187.79	174.51
Shareholders' Equity	-196.09	-171.39	-233.2	-203.42	-43
Total Liabilities & Equity	124.94	164.61	87.7	146.38	433.85
Total Debt	289.54	13.83	73.28	213.69	305.08
Net Cash (Debt)	-204.64	70.33	-67	-206.09	-294.04
Net Cash Per Share	-1.00	0.43	-0.98	-3.33	-13.73
Filing Date Shares Outstanding	204.22	204.22	68.07	68.07	22.69
Total Common Shares Outstanding	204.22	204.22	68.07	68.07	22.69
Working Capital	83.31	-170.89	-169.66	-17.88	-77.88
Book Value Per Share	-0.96	-0.84	-3.43	-2.99	-1.90
Tangible Book Value	-196.09	-171.39	-233.2	-203.42	-43
Tangible Book Value Per Share	-0.96	-0.84	-3.43	-2.99	-1.90
Machinery	-	-	111.14	191.49	225
Leasehold Improvements	-	-	-	33.76	38.04

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