HKG:3919 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	15.5	31.49	28.67	21.51	36.63
Short-Term Investments	35.22	-	-	-	-
Cash & Short-Term Investments	50.72	31.49	28.67	21.51	36.63
Cash Growth	61.04%	9.84%	33.30%	-41.28%	153.46%
Accounts Receivable	50.99	44.39	37.52	47.97	53.7
Other Receivables	0.14	19.69	18.42	19.73	17.41
Receivables	51.13	64.08	55.94	67.71	71.11
Inventory	56.61	51.76	49.96	48.79	60.05
Prepaid Expenses	-	11.87	10.77	14.01	12.87
Other Current Assets	5.21	6.05	6.01	0.76	0.8
Total Current Assets	163.66	165.26	151.36	152.78	181.46
Property, Plant & Equipment	353.26	357.37	357.16	351.26	352.39
Other Intangible Assets	33.41	13.57	3.59	0.11	0.14
Long-Term Deferred Tax Assets	10.03	9.57	10.77	10.75	7.31
Other Long-Term Assets	132.6	110.29	109.67	112.74	126.36
Total Assets	692.95	656.07	632.55	627.64	667.65
Accounts Payable	157.04	129.99	96.22	84.58	78.58
Accrued Expenses	-	5.13	5.02	6.68	7.73
Short-Term Debt	-	190.93	187.02	186.84	181.26
Current Portion of Long-Term Debt	163.16	-	-	-	-
Current Portion of Leases	0.91	3.61	0.93	4.31	4.09
Current Income Taxes Payable	0.1	0.02	0.06	2.77	0.21
Current Unearned Revenue	2.54	2.96	2.42	2.24	2.86
Other Current Liabilities	19.35	14.29	16.67	20.88	24.13
Total Current Liabilities	343.11	346.93	308.34	308.29	298.85
Long-Term Debt	50.64	15.55	22.16	27.11	44.91
Long-Term Leases	0.41	1.31	1.69	1.74	4.53
Long-Term Deferred Tax Liabilities	4.17	5.42	5.53	3.14	4.27
Total Liabilities	398.33	369.22	337.71	340.27	352.56
Common Stock	6.48	5.4	5.4	3.6	3.6
Additional Paid-In Capital	-	141.25	141.25	124.45	124.45
Retained Earnings	-	64.44	70.81	81.73	104.52
Comprehensive Income & Other	288.04	75.46	77.38	77.58	82.51
Total Common Equity	294.52	286.55	294.84	287.37	315.08
Minority Interest	0.1	0.3	-	-	-
Shareholders' Equity	294.62	286.85	294.84	287.37	315.08
Total Liabilities & Equity	692.95	656.07	632.55	627.64	667.65
Total Debt	215.12	211.41	211.8	219.99	234.79
Net Cash (Debt)	-164.41	-179.92	-183.13	-198.48	-198.16
Net Cash Per Share	-5.45	-6.66	-7.58	-11.03	-12.68
Filing Date Shares Outstanding	32.62	27	27	18	18
Total Common Shares Outstanding	32.62	27	27	18	18
Working Capital	-179.45	-181.67	-156.98	-155.52	-117.39
Book Value Per Share	9.03	10.61	10.92	15.96	17.50
Tangible Book Value	261.11	272.98	291.25	287.26	314.95
Tangible Book Value Per Share	8.00	10.11	10.79	15.96	17.50
Land	-	57.14	58.07	58.58	61.28
Machinery	-	461.73	432.6	431.11	438.7
Construction In Progress	-	114.63	144.98	128.36	117.53
Leasehold Improvements	-	33.34	28.6	28.33	24.59

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