SMC Electric Limited (HKG:2381)

SMC Electric Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	52.5	70.95	90.43	82.16	89.3	90.91
Cash & Short-Term Investments	52.5	70.95	90.43	82.16	89.3	90.91
Cash Growth	-39.60%	-21.54%	10.07%	-7.99%	-1.77%	17.36%
Accounts Receivable	66.92	59.86	67.48	62.35	47.45	71.88
Other Receivables	-	5.19	0.95	1.34	4.62	2.01
Receivables	66.92	65.05	68.43	63.69	52.07	73.89
Inventory	33.31	24.17	20.35	18.49	23.99	39.79
Prepaid Expenses	0.99	6.29	9.6	8.09	3.86	6.61
Total Current Assets	153.71	166.46	188.82	172.43	169.21	211.2
Property, Plant & Equipment	12.32	9.9	12.72	8.04	10.27	7.86
Long-Term Deferred Tax Assets	0.33	0.33	0.71	-	-	-
Other Long-Term Assets	7.03	9.48	0.89	2.86	2.87	5.15
Total Assets	173.39	186.17	203.14	183.33	182.35	224.21

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	47.56	31.62	34.01	22.97	10.54	33.09
Accrued Expenses	-	24.93	22.62	25.22	26.11	20.35
Current Portion of Leases	1.85	3.61	3.39	3.6	5.36	3.64
Current Income Taxes Payable	-	0	1.32	0	1.32	1.29
Current Unearned Revenue	-	0.01	2.12	2.01	0.16	1.45
Total Current Liabilities	50.39	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	50.39	60.82	67.56	54.07	43.63	59.82

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	20	20	20	20	20	20
Additional Paid-In Capital	-	95.63	95.63	95.63	95.63	95.63
Retained Earnings	-	57.43	67.95	61.59	70.81	94.44
Comprehensive Income & Other	103	-47.71	-48	-47.96	-47.73	-45.68
Shareholders' Equity	123	125.35	135.58	129.26	138.72	164.4
Total Liabilities & Equity	173.39	186.17	203.14	183.33	182.35	224.21

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1.85	3.61	6.97	3.6	5.36	3.64
Net Cash (Debt)	50.65	67.34	83.46	78.56	83.94	87.27
Net Cash Growth	-37.93%	-19.31%	6.24%	-6.40%	-3.82%	24.15%
Net Cash Per Share	0.03	0.03	0.04	0.04	0.04	0.04
Filing Date Shares Outstanding	1,997	2,000	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	1,997	2,000	2,000	2,000	2,000	2,000
Working Capital	103.32	106.3	125.36	118.63	125.72	151.38
Book Value Per Share	0.06	0.06	0.07	0.06	0.07	0.08
Tangible Book Value	123	125.35	135.58	129.26	138.72	164.4
Tangible Book Value Per Share	0.06	0.06	0.07	0.06	0.07	0.08
Machinery	-	24.79	22.14	19.07	18.65	17.05

Data Source: S&P Global Market Intelligence Last updated: Apr 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 6, 2026

Data Sources Report a data error