Lotus Horizon 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	48.97	63.37	75.45	56.25	46.12	72.91
Short-Term Investments	2.29	4.02	9.39	7.08	5.46	4.83
Cash & Short-Term Investments	51.26	67.39	84.84	63.33	51.58	77.74
Cash Growth	-27.04%	-20.57%	33.97%	22.80%	-33.65%	405.79%
Accounts Receivable	102.58	83.08	74.29	88.17	93.25	94.71
Other Receivables	0.1	0.59	0.73	1.09	1.13	1.38
Receivables	102.68	83.67	75.02	89.25	94.38	96.09
Other Current Assets	3	3.73	3	3	10.78	18.49
Total Current Assets	156.94	154.79	162.86	155.59	156.73	192.31
Property, Plant & Equipment	6.77	2.74	4.93	8.32	11.65	15.02
Long-Term Deferred Tax Assets	2.86	3.23	3.68	4.29	4.28	0.38
Other Long-Term Assets	0.49	-	0.73	3.65	3.03	2.53
Total Assets	168.08	160.77	172.2	171.85	175.69	210.24
Accounts Payable	15.18	16.51	15.29	8.12	10.2	13.99
Accrued Expenses	4.22	2.35	2.26	2.16	2.23	2.59
Short-Term Debt	-	-	-	28.79	21.01	4.89
Current Portion of Leases	1.44	1.07	2.47	2.33	2.36	2.2
Current Unearned Revenue	6.14	5.56	19.32	0.94	0.7	0.64
Other Current Liabilities	6.67	6.12	5.12	2.68	2.23	4.08
Total Current Liabilities	33.65	31.61	44.45	45.02	38.71	28.38
Long-Term Leases	2.94	0.19	1.21	3.62	5.66	7.9
Other Long-Term Liabilities	1.24	-	0.75	0.75	0.75	0.75
Total Liabilities	37.83	31.81	46.42	49.38	45.13	37.03
Common Stock	20	20	20	20	20	20
Additional Paid-In Capital	79.22	79.22	79.22	79.22	79.22	79.22
Retained Earnings	21.05	19.76	16.56	13.24	21.34	64
Comprehensive Income & Other	9.99	9.99	10	10	10	10
Shareholders' Equity	130.26	128.96	125.78	122.46	130.56	173.22
Total Liabilities & Equity	168.08	160.77	172.2	171.85	175.69	210.24
Total Debt	4.38	1.26	3.68	34.74	29.03	14.99
Net Cash (Debt)	46.88	66.13	81.16	28.6	22.54	62.75
Net Cash Growth	-25.61%	-18.52%	183.80%	26.86%	-64.08%	-
Net Cash Per Share	0.02	0.03	0.04	0.01	0.01	0.03
Filing Date Shares Outstanding	2,000	2,000	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	2,000	2,000	2,000	2,000	2,000	2,000
Working Capital	123.29	123.18	118.41	110.57	118.02	163.93
Book Value Per Share	0.07	0.06	0.06	0.06	0.07	0.09
Tangible Book Value	130.26	128.96	125.78	122.46	130.56	173.22
Tangible Book Value Per Share	0.07	0.06	0.06	0.06	0.07	0.09
Machinery	-	3.19	1.7	1.66	1.59	1.55
Leasehold Improvements	-	4.81	4.81	4.81	4.81	4.75
Order Backlog	-	323.5	327.2	440.1	355.4	569.2

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