Joy Spreader Group 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	188.29	212.88	325.97	533.94	619.04
Short-Term Investments	-	17.53	-	38.98	-
Trading Asset Securities	1.15	-	1.99	3.08	5.38
Cash & Short-Term Investments	189.43	230.4	327.96	576.01	624.42
Cash Growth	-17.78%	-29.75%	-43.06%	-7.75%	-48.41%
Accounts Receivable	2.44	60.29	224.64	274.17	435.12
Other Receivables	11.14	65.14	57.43	31.86	11.25
Receivables	20.2	125.43	286.59	332.33	464.72
Inventory	-	-	108.68	40.25	-
Prepaid Expenses	1.16	1.13	5.06	-	-
Other Current Assets	62.36	370.43	979.62	1,427	1,216
Total Current Assets	273.15	727.39	1,708	2,375	2,305
Property, Plant & Equipment	31.08	42.61	95.1	107.9	63.33
Long-Term Investments	48.05	49.27	56.95	68.77	75.91
Other Intangible Assets	0.4	0.79	2.22	3.83	8.67
Long-Term Accounts Receivable	-	-	1.4	-	-
Long-Term Deferred Tax Assets	-	-	-	-	4.79
Other Long-Term Assets	1.67	2.16	5.19	242.59	2.93
Total Assets	354.35	822.23	1,869	2,798	2,460
Accounts Payable	1.5	297.45	173.03	251.23	67.25
Accrued Expenses	12.07	11.78	13.05	13.94	13.15
Current Portion of Leases	6.27	9.66	14.67	13.3	14.4
Current Income Taxes Payable	1.4	0.97	1	0.9	0.99
Current Unearned Revenue	-	-	-	1.21	-
Other Current Liabilities	65.97	70.71	18.49	29.16	42.54
Total Current Liabilities	87.2	390.57	220.24	309.74	138.32
Long-Term Leases	1.39	12.5	26.69	29.78	2.78
Long-Term Deferred Tax Liabilities	-	-	0.13	1.85	0.95
Other Long-Term Liabilities	-	-	45.63	42.68	-
Total Liabilities	88.59	403.07	292.69	384.04	142.05
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	-	2,268	2,268	2,268	1,745
Retained Earnings	-	-1,633	-564.36	219.81	559.26
Treasury Stock	-	-	-	-6.96	-150
Comprehensive Income & Other	475.79	-132.47	-104.25	-66.85	163.83
Total Common Equity	475.81	502.65	1,599	2,414	2,318
Minority Interest	-210.05	-83.49	-23.26	0.33	-
Shareholders' Equity	265.76	419.16	1,576	2,414	2,318
Total Liabilities & Equity	354.35	822.23	1,869	2,798	2,460
Total Debt	7.65	22.17	41.36	43.08	17.18
Net Cash (Debt)	181.78	208.24	286.61	532.93	607.24
Net Cash Growth	-12.70%	-27.34%	-46.22%	-12.24%	-48.95%
Net Cash Per Share	0.08	0.09	0.12	0.24	0.28
Filing Date Shares Outstanding	2,372	2,372	2,372	2,369	2,143
Total Common Shares Outstanding	2,372	2,372	2,372	2,369	2,143
Working Capital	185.95	336.82	1,488	2,065	2,166
Book Value Per Share	0.20	0.21	0.67	1.02	1.08
Tangible Book Value	475.41	501.86	1,597	2,410	2,310
Tangible Book Value Per Share	0.20	0.21	0.67	1.02	1.08
Machinery	-	77.25	78.82	70.24	55.2
Leasehold Improvements	-	23.92	24.45	19.6	6.87

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