Tai Hing Group Holdings 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	380.44	330.76	328.15	282.59	452.61
Cash & Short-Term Investments	380.44	330.76	328.15	282.59	452.61
Cash Growth	15.02%	0.80%	16.12%	-37.56%	-19.48%
Accounts Receivable	26.74	28.2	38.25	27.66	28.09
Other Receivables	0.5	0.23	0.84	0.63	3.72
Receivables	27.25	28.44	39.08	28.29	31.8
Inventory	90.24	79.86	87.04	89.24	96.85
Prepaid Expenses	106.68	93.01	111.9	149.38	154.55
Other Current Assets	-	-	-	2.21	-
Total Current Assets	604.61	532.06	566.17	551.7	735.81
Property, Plant & Equipment	1,619	1,730	1,801	1,760	1,781
Other Intangible Assets	0.2	0.2	0.2	0.2	-
Long-Term Deferred Tax Assets	47.67	38.82	30.07	35.31	30.56
Other Long-Term Assets	160.91	169.75	184.05	165.77	191.36
Total Assets	2,433	2,471	2,582	2,513	2,739
Accounts Payable	91.96	85.27	83.11	99.14	106.38
Current Portion of Leases	364.14	367.59	382.93	364.97	400.65
Current Income Taxes Payable	24.16	8.82	17.01	15.58	30.86
Current Unearned Revenue	81.65	61.29	63.68	57.28	73.36
Other Current Liabilities	242.99	233.59	253.62	237.75	241.26
Total Current Liabilities	804.89	756.55	800.34	774.72	852.5
Long-Term Leases	683.65	736.22	753.92	743.46	755.41
Long-Term Deferred Tax Liabilities	7.32	4.08	4.19	6.06	5.78
Other Long-Term Liabilities	39.16	38.67	38.62	33.26	29.93
Total Liabilities	1,535	1,536	1,597	1,557	1,644
Common Stock	9.71	10.05	10.05	10.05	10.04
Additional Paid-In Capital	-	728.03	728.03	728.03	723.29
Retained Earnings	-	127.76	160.52	126	243.97
Treasury Stock	-	-4.78	-	-	-
Comprehensive Income & Other	887.99	74.56	84.73	89.85	116.24
Total Common Equity	897.71	935.62	983.34	953.93	1,094
Minority Interest	-	-	1.22	1.23	1.64
Shareholders' Equity	897.71	935.62	984.55	955.17	1,095
Total Liabilities & Equity	2,433	2,471	2,582	2,513	2,739
Total Debt	1,048	1,104	1,137	1,108	1,156
Net Cash (Debt)	-667.35	-773.05	-808.7	-825.83	-703.45
Net Cash Per Share	-0.69	-0.77	-0.80	-0.82	-0.70
Filing Date Shares Outstanding	971.42	998.96	1,005	1,005	1,004
Total Common Shares Outstanding	971.42	998.96	1,005	1,005	1,004
Working Capital	-200.29	-224.49	-234.17	-223.02	-116.69
Book Value Per Share	0.92	0.94	0.98	0.95	1.09
Tangible Book Value	897.51	935.42	983.14	953.73	1,094
Tangible Book Value Per Share	0.92	0.94	0.98	0.95	1.09
Buildings	-	113.98	115.13	114.53	115.84
Machinery	-	289.99	303.7	316.71	334.75
Leasehold Improvements	-	963.09	968.05	1,021	1,025

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