HKG:2528 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	67.51	46.23	73.3	69.88	115.89	209.64
Short-Term Investments	36.31	48.06	57.16	61.95	89.19	100.08
Cash & Short-Term Investments	103.81	94.29	130.46	131.83	205.08	309.72
Cash Growth	8.46%	-27.73%	-1.04%	-35.72%	-33.79%	290.35%
Accounts Receivable	37.62	67.54	49.04	44.22	49.79	56.12
Other Receivables	30.66	1.5	3.18	5.93	16.07	9.29
Receivables	68.29	69.04	52.22	50.15	65.86	65.4
Inventory	216.28	252.05	308.22	274.11	260.41	297.67
Prepaid Expenses	24.9	9.53	12.82	9.99	18.52	4.98
Restricted Cash	-	5.56	16.36	17.99	26.22	24.89
Other Current Assets	3.62	24.85	21.45	34.49	72.04	45.65
Total Current Assets	416.91	455.31	541.52	518.57	648.12	748.32
Property, Plant & Equipment	261.13	319.48	310.72	279.07	378.47	426.79
Long-Term Investments	-	-	0.6	1.72	11.7	-
Goodwill	-	-	-	-	-	0.69
Other Intangible Assets	3.49	3.79	5.51	8.11	7.57	18.04
Long-Term Deferred Tax Assets	8.3	10.55	16.19	20.98	19.8	27.55
Other Long-Term Assets	29.29	33.34	37.62	82.03	63.71	58.88
Total Assets	719.13	822.45	912.17	910.46	1,129	1,280
Accounts Payable	82.35	147.96	167.74	128.37	110.05	103.38
Accrued Expenses	61.51	63.69	61.04	54.34	72.74	105.39
Short-Term Debt	-	45.51	171.29	182.6	257.07	124.07
Current Portion of Long-Term Debt	44.94	26.76	9.24	12.9	0.09	107.14
Current Portion of Leases	72.57	91.16	89.59	91.56	148.07	166.34
Current Income Taxes Payable	6.35	-	3.13	8.82	12.58	19.01
Current Unearned Revenue	1.94	11.56	4.67	4.53	3.91	4.69
Other Current Liabilities	40.78	32.53	28.89	35.19	37.63	65.09
Total Current Liabilities	310.45	419.16	535.57	518.31	642.13	695.12
Long-Term Debt	155.82	24.21	22.67	45.29	30.98	111.74
Long-Term Leases	91.88	123.85	96.58	70.69	119.38	149.47
Long-Term Deferred Tax Liabilities	-	0.1	2.12	6.27	2.44	3.56
Other Long-Term Liabilities	24.42	123.87	36.58	28.32	34.81	56.47
Total Liabilities	582.57	691.2	693.52	668.88	829.74	1,016
Common Stock	4	4	4	4	4	4
Additional Paid-In Capital	859.23	859.23	859.23	859.23	859.23	859.23
Retained Earnings	-101.46	-103.04	-26.15	-9.3	23.84	-8.32
Comprehensive Income & Other	-606.07	-611.04	-608.27	-604.96	-582.59	-586.92
Total Common Equity	155.7	149.15	228.81	248.98	304.48	267.99
Minority Interest	-19.14	-17.9	-10.17	-7.4	-4.84	-4.08
Shareholders' Equity	136.56	131.25	218.64	241.58	299.64	263.91
Total Liabilities & Equity	719.13	822.45	912.17	910.46	1,129	1,280
Total Debt	365.22	311.49	389.37	403.04	555.58	658.78
Net Cash (Debt)	-261.4	-217.2	-258.91	-271.2	-350.5	-349.06
Net Cash Per Share	-0.65	-0.54	-0.65	-0.68	-0.88	-0.88
Filing Date Shares Outstanding	400	400	400	400	400	400
Total Common Shares Outstanding	400	400	400	400	400	400
Working Capital	106.46	36.15	5.95	0.25	6	53.2
Book Value Per Share	0.39	0.37	0.57	0.62	0.76	0.67
Tangible Book Value	152.21	145.36	223.3	240.87	296.91	249.26
Tangible Book Value Per Share	0.38	0.36	0.56	0.60	0.74	0.62
Land	-	67.02	83.58	-	-	-
Buildings	-	-	-	83.58	83.58	83.58
Machinery	-	41.23	39.76	38.9	37.34	37.91
Leasehold Improvements	-	319.45	312.4	303.83	281.5	292.65

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