Tai Hing Group 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	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	282.32	330.76	328.15	282.59	452.61	562.08
Cash & Short-Term Investments	282.32	330.76	328.15	282.59	452.61	562.08
Cash Growth	5.34%	0.80%	16.12%	-37.56%	-19.48%	-20.95%
Accounts Receivable	30.3	28.2	38.25	27.66	28.09	24.33
Other Receivables	0.65	0.23	0.84	0.63	3.72	17.95
Receivables	30.95	28.44	39.08	28.29	31.8	42.28
Inventory	73.86	79.86	87.04	89.24	96.85	78.8
Prepaid Expenses	98.67	93.01	111.9	149.38	154.55	130.72
Other Current Assets	-	-	-	2.21	-	-
Total Current Assets	485.8	532.06	566.17	551.7	735.81	813.88
Property, Plant & Equipment	1,681	1,730	1,801	1,760	1,781	2,195
Other Intangible Assets	0.2	0.2	0.2	0.2	-	1.01
Long-Term Deferred Tax Assets	35.86	38.82	30.07	35.31	30.56	26.31
Other Long-Term Assets	163.27	169.75	184.05	165.77	191.36	178.11
Total Assets	2,366	2,471	2,582	2,513	2,739	3,215
Accounts Payable	82.6	85.27	83.11	99.14	106.38	91.94
Current Portion of Long-Term Debt	-	-	-	-	-	24.23
Current Portion of Leases	373.32	367.59	382.93	364.97	400.65	555.03
Current Income Taxes Payable	21.25	8.82	17.01	15.58	30.86	11.5
Current Unearned Revenue	44.16	61.29	63.68	57.28	73.36	77.85
Other Current Liabilities	238.29	233.59	253.62	237.75	241.26	248.8
Total Current Liabilities	759.61	756.55	800.34	774.72	852.5	1,009
Long-Term Debt	-	-	-	-	-	54.55
Long-Term Leases	708.43	736.22	753.92	743.46	755.41	1,029
Long-Term Deferred Tax Liabilities	4.14	4.08	4.19	6.06	5.78	4.88
Other Long-Term Liabilities	36.64	38.67	38.62	33.26	29.93	33.59
Total Liabilities	1,509	1,536	1,597	1,557	1,644	2,132
Common Stock	9.71	10.05	10.05	10.05	10.04	10.02
Additional Paid-In Capital	698.47	728.03	728.03	728.03	723.29	718.66
Retained Earnings	71.43	127.76	160.52	126	243.97	233.66
Treasury Stock	-	-4.78	-	-	-	-
Comprehensive Income & Other	77.47	74.56	84.73	89.85	116.24	115.13
Total Common Equity	857.08	935.62	983.34	953.93	1,094	1,077
Minority Interest	-	-	1.22	1.23	1.64	5.55
Shareholders' Equity	857.08	935.62	984.55	955.17	1,095	1,083
Total Liabilities & Equity	2,366	2,471	2,582	2,513	2,739	3,215
Total Debt	1,082	1,104	1,137	1,108	1,156	1,663
Net Cash (Debt)	-799.42	-773.05	-808.7	-825.83	-703.45	-1,101
Net Cash Per Share	-0.81	-0.77	-0.80	-0.82	-0.70	-1.10
Filing Date Shares Outstanding	971.42	998.96	1,005	1,005	1,004	1,002
Total Common Shares Outstanding	971.42	998.96	1,005	1,005	1,004	1,002
Working Capital	-273.81	-224.49	-234.17	-223.02	-116.69	-195.46
Book Value Per Share	0.88	0.94	0.98	0.95	1.09	1.08
Tangible Book Value	856.88	935.42	983.14	953.73	1,094	1,076
Tangible Book Value Per Share	0.88	0.94	0.98	0.95	1.09	1.07
Buildings	-	113.98	115.13	114.53	115.84	112
Machinery	-	289.99	303.7	316.71	334.75	326.46
Leasehold Improvements	-	963.09	968.05	1,021	1,025	970.49

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