Binhai Investment Company 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	163.27	384.05	808.36	845.25	742.18
Short-Term Investments	20.57	3.37	131.51	4.22	2.41
Cash & Short-Term Investments	183.84	387.41	939.87	849.47	744.59
Cash Growth	-52.55%	-58.78%	10.64%	14.09%	26.25%
Accounts Receivable	270.46	249.93	313.36	261.85	285.88
Other Receivables	-	81.11	69.07	77.8	79.69
Receivables	270.46	331.04	382.43	339.65	365.57
Inventory	99.62	97.27	107.86	138.85	144.31
Prepaid Expenses	315.15	293.53	433.19	565.15	419.36
Restricted Cash	0.23	-	-	29.8	12.24
Other Current Assets	12.85	12.06	12.05	12.88	14.58
Total Current Assets	882.15	1,121	1,875	1,936	1,701
Property, Plant & Equipment	6,065	6,175	6,202	6,055	6,090
Long-Term Investments	310.81	321.8	296.9	78.8	85.65
Goodwill	-	-	23.85	-	-
Other Intangible Assets	62.06	68.28	48.28	51	47.61
Long-Term Accounts Receivable	-	-	-	-	30
Long-Term Deferred Tax Assets	25.55	30.77	33.39	33.73	46.55
Other Long-Term Assets	50.18	32.66	110.96	416.76	179.38
Total Assets	7,395	7,750	8,591	8,571	8,180
Accounts Payable	1,260	1,204	1,324	1,282	1,457
Short-Term Debt	-	-	-	-	36.72
Current Portion of Long-Term Debt	1,128	1,071	1,846	1,576	885.77
Current Portion of Leases	8.46	5.07	7.15	11.96	10.84
Current Income Taxes Payable	55.94	61.85	52.55	31.78	44.23
Current Unearned Revenue	729.14	679.99	821.63	887.36	965.39
Other Current Liabilities	12.25	-	-	-	-
Total Current Liabilities	3,194	3,023	4,052	3,789	3,400
Long-Term Debt	1,799	2,258	2,059	2,328	2,239
Long-Term Leases	8.87	7.27	6.41	15.62	10.02
Long-Term Unearned Revenue	135.7	145.27	142.72	140.78	144.46
Long-Term Deferred Tax Liabilities	16.87	12.26	9.64	-	34.7
Other Long-Term Liabilities	-	-	0.11	10.91	28.38
Total Liabilities	5,154	5,446	6,270	6,285	5,857
Common Stock	117.46	138.33	135.3	135.2	135.2
Additional Paid-In Capital	34.05	36.64	41.64	175.31	175.31
Retained Earnings	1,593	2,343	2,206	1,960	1,756
Treasury Stock	-11.6	-7.27	-	-	-
Comprehensive Income & Other	337.93	-432.84	-344.38	-292.02	-116.49
Total Common Equity	2,071	2,078	2,038	1,979	1,950
Minority Interest	64.64	82.41	87.16	65.02	70.44
Shareholders' Equity	2,241	2,304	2,321	2,286	2,323
Total Liabilities & Equity	7,395	7,750	8,591	8,571	8,180
Total Debt	2,944	3,342	3,919	3,932	3,182
Net Cash (Debt)	-2,760	-2,954	-2,979	-3,082	-2,438
Net Cash Per Share	-2.01	-2.16	-2.20	-2.27	-1.80
Filing Date Shares Outstanding	1,370	1,377	1,353	1,352	1,352
Total Common Shares Outstanding	1,370	1,377	1,353	1,352	1,352
Working Capital	-2,312	-1,901	-2,177	-1,853	-1,700
Book Value Per Share	1.51	1.51	1.51	1.46	1.44
Tangible Book Value	2,009	2,009	1,966	1,928	1,903
Tangible Book Value Per Share	1.47	1.46	1.45	1.43	1.41
Buildings	-	341.87	349.87	345	327.71
Machinery	-	328.5	326.83	315.31	313.29
Construction In Progress	-	1,507	1,382	1,424	1,361

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.