HashKey Holdings 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	396.59	306.8	344.49	242.42
Trading Asset Securities	20.22	28.74	-	-
Cash & Short-Term Investments	416.8	335.54	344.49	242.42
Cash Growth	71.93%	-2.60%	42.10%	-
Accounts Receivable	59.32	53	25.1	9.14
Other Receivables	18.97	16.78	35.7	36.12
Receivables	78.29	69.78	60.8	45.26
Prepaid Expenses	39.1	28.57	23.8	7.91
Other Current Assets	455.8	522.66	507.01	182.98
Total Current Assets	990	956.55	936.1	478.57
Property, Plant & Equipment	56.06	71.83	88.96	110.79
Long-Term Investments	471.22	485.51	489.56	471.85
Other Intangible Assets	78.29	85.99	11.11	3.22
Other Long-Term Assets	11.79	13.94	13.56	13.73
Total Assets	1,607	1,614	1,539	1,078
Accounts Payable	6.16	10.13	45.01	50.54
Accrued Expenses	309.27	340.68	167.66	87.46
Short-Term Debt	331.68	328.04	362.31	355.47
Current Portion of Long-Term Debt	98.53	104.08	14.96	-
Current Portion of Leases	15.45	16.95	15.21	15.68
Current Income Taxes Payable	22.76	20.72	14.93	10.94
Current Unearned Revenue	188.92	63.5	-	-
Other Current Liabilities	1,894	1,442	1,106	156.81
Total Current Liabilities	2,867	2,326	1,726	676.89
Long-Term Debt	295.26	287.19	297.12	333.19
Long-Term Leases	18.64	28.91	42.21	57.03
Other Long-Term Liabilities	8.18	23.74	4.63	4.41
Total Liabilities	3,189	2,666	2,070	1,072
Common Stock	0.11	0.11	0.11	0.11
Additional Paid-In Capital	291.27	291.27	291.27	291.27
Retained Earnings	-2,539	-2,036	-876.07	-299.96
Comprehensive Income & Other	648.15	672.54	53.22	15.1
Total Common Equity	-1,600	-1,072	-531.48	6.51
Minority Interest	18.1	19.35	1.09	0.11
Shareholders' Equity	-1,582	-1,052	-530.39	6.62
Total Liabilities & Equity	1,607	1,614	1,539	1,078
Total Debt	759.57	765.16	731.81	761.37
Net Cash (Debt)	-342.76	-429.63	-387.32	-518.95
Net Cash Per Share	-0.25	-0.32	-0.29	-0.49
Filing Date Shares Outstanding	1,350	1,350	1,350	1,064
Total Common Shares Outstanding	1,350	1,350	1,350	1,064
Working Capital	-1,877	-1,370	-789.61	-198.32
Book Value Per Share	-1.19	-0.79	-0.39	0.01
Tangible Book Value	-1,678	-1,158	-542.59	3.29
Tangible Book Value Per Share	-1.24	-0.86	-0.40	0.00
Machinery	39.64	38.92	34.18	27.26
Leasehold Improvements	26.5	26.43	26.84	26.84

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