Royal Deluxe Holdings Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	80.62	48.64	88.22	68.96	70.53	85.87
Short-Term Investments	4.64	8.61	53.92	1.69	1.47	1.2
Cash & Short-Term Investments	85.26	57.25	142.14	70.66	72	87.07
Cash Growth	-22.76%	-59.72%	101.16%	-1.86%	-17.31%	30.14%
Accounts Receivable	319.72	348.19	262.22	239.81	249.22	273.26
Other Receivables	4.2	3.24	1.35	0.38	0.5	0
Receivables	323.92	351.43	263.57	240.19	249.71	273.26
Inventory	0.92	1.24	6.4	17.41	2.03	-
Prepaid Expenses	-	-	-	-	11.86	1.24
Total Current Assets	410.09	409.91	412.1	328.26	335.6	361.57
Property, Plant & Equipment	51.05	55.27	65.47	75.77	78.58	82.2
Other Intangible Assets	1.19	1.19	1.19	1.19	1.19	1.19
Long-Term Deferred Tax Assets	1.82	0.87	1.24	0.16	0.34	0.28
Total Assets	464.15	467.24	480	405.37	415.71	445.24
Accounts Payable	53.35	68.64	35.46	24.07	51.35	52.08
Short-Term Debt	-	-	-	16.17	34.51	42.73
Current Portion of Leases	0.26	0.3	0.24	-	0.2	0.28
Current Income Taxes Payable	2.77	2.02	4.48	2.25	3.7	4.8
Current Unearned Revenue	10.29	16.84	45.8	2.84	-	-
Other Current Liabilities	82.09	68.16	76.27	52.27	40.39	66.37
Total Current Liabilities	148.75	155.95	162.25	97.59	130.14	166.26
Long-Term Leases	-	0.1	0.4	-	-	0.2
Long-Term Deferred Tax Liabilities	0.35	0.61	0.72	0.92	0.13	0.1
Total Liabilities	149.88	156.66	163.37	98.51	130.27	166.56
Common Stock	12	12	12	12	12	12
Additional Paid-In Capital	94.96	94.96	94.96	94.96	94.96	94.96
Retained Earnings	206.34	202.65	208.7	198.93	177.52	170.75
Comprehensive Income & Other	0.97	0.97	0.97	0.97	1.02	1.02
Total Common Equity	314.27	310.58	316.63	306.86	285.5	278.72
Minority Interest	-	-	-	-	-0.06	-0.04
Shareholders' Equity	314.27	310.58	316.63	306.86	285.45	278.68
Total Liabilities & Equity	464.15	467.24	480	405.37	415.71	445.24
Total Debt	0.26	0.4	0.63	16.17	34.71	43.21
Net Cash (Debt)	85	56.86	141.5	54.49	37.29	43.86
Net Cash Growth	-22.62%	-59.82%	159.68%	46.12%	-14.98%	122.88%
Net Cash Per Share	0.07	0.05	0.12	0.05	0.03	0.04
Filing Date Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Total Common Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Working Capital	261.34	253.96	249.85	230.67	205.47	195.31
Book Value Per Share	0.26	0.26	0.26	0.26	0.24	0.23
Tangible Book Value	313.08	309.39	315.44	305.67	284.31	277.53
Tangible Book Value Per Share	0.26	0.26	0.26	0.25	0.24	0.23
Buildings	-	19.07	19.07	19.07	19.07	17.5
Machinery	-	55.53	55.45	55.2	47.84	47.05
Leasehold Improvements	-	6.12	6.04	4.83	4.31	4.31

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