SMC Electric Limited (HKG:2381)

SMC Electric Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	70.95	90.43	82.16	89.3	90.91
Cash & Short-Term Investments	70.95	90.43	82.16	89.3	90.91
Cash Growth	-21.54%	10.07%	-7.99%	-1.77%	17.36%
Accounts Receivable	70.35	67.48	62.35	47.45	71.88
Other Receivables	-	0.95	1.34	4.62	2.01
Receivables	70.35	68.43	63.69	52.07	73.89
Inventory	24.17	20.35	18.49	23.99	39.79
Prepaid Expenses	0.99	9.6	8.09	3.86	6.61
Total Current Assets	166.46	188.82	172.43	169.21	211.2
Property, Plant & Equipment	9.9	12.72	8.04	10.27	7.86
Long-Term Deferred Tax Assets	0.33	0.71	-	-	-
Other Long-Term Assets	9.48	0.89	2.86	2.87	5.15
Total Assets	186.17	203.14	183.33	182.35	224.21
Accounts Payable	55.23	34.01	22.97	10.54	33.09
Accrued Expenses	0	22.62	25.22	26.11	20.35
Current Portion of Leases	3.61	3.39	3.6	5.36	3.64
Current Income Taxes Payable	-	1.32	0	1.32	1.29
Current Unearned Revenue	-	2.12	2.01	0.16	1.45
Other Current Liabilities	1.32	-	-	-	-
Total Current Liabilities	60.17	63.46	53.8	43.5	59.82
Long-Term Leases	-	3.59	-	-	-
Long-Term Deferred Tax Liabilities	0.66	0.52	0.27	0.14	-
Total Liabilities	60.82	67.56	54.07	43.63	59.82
Common Stock	20	20	20	20	20
Additional Paid-In Capital	-	95.63	95.63	95.63	95.63
Retained Earnings	-	67.95	61.59	70.81	94.44
Comprehensive Income & Other	105.35	-48	-47.96	-47.73	-45.68
Shareholders' Equity	125.35	135.58	129.26	138.72	164.4
Total Liabilities & Equity	186.17	203.14	183.33	182.35	224.21
Total Debt	3.61	6.97	3.6	5.36	3.64
Net Cash (Debt)	67.34	83.46	78.56	83.94	87.27
Net Cash Growth	-19.31%	6.24%	-6.40%	-3.82%	24.15%
Net Cash Per Share	0.03	0.04	0.04	0.04	0.04
Filing Date Shares Outstanding	1,999	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	1,999	2,000	2,000	2,000	2,000
Working Capital	106.3	125.36	118.63	125.72	151.38
Book Value Per Share	0.06	0.07	0.06	0.07	0.08
Tangible Book Value	125.35	135.58	129.26	138.72	164.4
Tangible Book Value Per Share	0.06	0.07	0.06	0.07	0.08
Machinery	-	22.14	19.07	18.65	17.05

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