HKG:2409 Balance Sheet

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

Millions USD. 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	57.31	65.82	28	20.17	25.03	4.42
Trading Asset Securities	0.83	1.5	-	1.23	3.29	-
Cash & Short-Term Investments	58.13	67.32	28	21.4	28.32	4.42
Cash Growth	30.37%	140.47%	30.81%	-24.41%	540.61%	127.48%
Accounts Receivable	11.97	11.89	10.22	14.54	16.96	16.24
Other Receivables	12.15	6.52	5.1	5.26	5.09	7.99
Receivables	24.12	18.41	15.32	19.8	22.05	28.13
Inventory	8.32	8.14	6.44	11.25	5.17	5.72
Prepaid Expenses	-	1.96	1.49	1.18	0.43	2.52
Other Current Assets	31.38	15.17	21.87	8.62	8.72	10.54
Total Current Assets	121.95	111	73.11	62.25	64.67	51.33
Property, Plant & Equipment	463.88	321.69	339.53	169.28	146.78	81.09
Long-Term Investments	22.26	18.82	10.69	7.85	5.23	2.47
Other Intangible Assets	0.2	0.19	0.1	0.09	0.11	0.06
Long-Term Deferred Tax Assets	-	0	-	0.04	0.07	0.02
Long-Term Deferred Charges	5.74	5.41	-	-	-	-
Other Long-Term Assets	125.69	116.68	68.62	47.74	13.58	3.25
Total Assets	772.47	598.9	492.06	287.25	230.45	152.44
Accounts Payable	22.91	16.36	15.75	21.05	19.85	22.5
Accrued Expenses	2.65	5.62	2.91	1.9	2.52	0.66
Short-Term Debt	2.87	4	7.04	1.45	26.85	34.42
Current Portion of Long-Term Debt	46.42	30.55	21.34	9.85	5.37	12.29
Current Portion of Leases	15.51	14.4	15.77	17.28	21.07	9.39
Current Income Taxes Payable	0.65	0.79	1.54	1.94	1.84	0.74
Current Unearned Revenue	22.78	3.29	3.03	4.4	4.45	4.55
Other Current Liabilities	8.01	9.21	4.96	3.29	4.02	1.77
Total Current Liabilities	121.78	84.22	72.34	61.16	85.98	86.31
Long-Term Debt	365.19	238.21	194.51	61.58	27.48	37.72
Long-Term Leases	18.57	34.95	50.84	55.5	65.59	23.12
Long-Term Unearned Revenue	12.01	6.98	-	-	-	-
Long-Term Deferred Tax Liabilities	2.83	3.15	-	-	-	-
Other Long-Term Liabilities	-	-	0.64	-	-	-
Total Liabilities	520.38	367.52	318.33	178.24	179.04	147.15
Common Stock	0.64	0.64	0.64	-	0.79	0.79
Additional Paid-In Capital	46.96	46.96	46.96	-	-	-
Retained Earnings	189.23	169.65	116.24	95.03	37.71	4.1
Comprehensive Income & Other	8.48	8.36	8.5	9.58	8.82	-0.5
Total Common Equity	245.31	225.6	172.33	104.61	47.32	4.38
Minority Interest	6.77	5.78	1.4	4.4	4.09	0.91
Shareholders' Equity	252.09	231.38	173.73	109.01	51.41	5.29
Total Liabilities & Equity	772.47	598.9	492.06	287.25	230.45	152.44
Total Debt	448.55	322.11	289.5	145.66	146.35	116.93
Net Cash (Debt)	-390.42	-254.78	-261.5	-124.26	-118.04	-112.51
Net Cash Per Share	-0.78	-0.51	-0.56	-0.33	-0.31	-
Filing Date Shares Outstanding	500	500	500	375	1,470	-
Total Common Shares Outstanding	500	500	500	375	1,470	-
Working Capital	0.17	26.78	0.78	1.09	-21.3	-34.98
Book Value Per Share	0.49	0.45	0.34	0.28	0.03	-
Tangible Book Value	245.11	225.41	172.24	104.51	47.21	4.32
Tangible Book Value Per Share	0.49	0.45	0.34	0.28	0.03	-
Buildings	-	1.43	1.45	1.48	1.3	1.27
Machinery	-	286.19	284.63	98.87	59.94	50.58

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