ETS 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	48.38	49.52	26.59	46.44	41.71
Short-Term Investments	-	-	-	20	-
Trading Asset Securities	-	-	-	0.2	0.24
Cash & Short-Term Investments	48.38	49.52	26.59	66.64	41.94
Cash Growth	-2.31%	86.27%	-60.10%	58.87%	-31.35%
Accounts Receivable	5.4	11.79	21.41	31.28	56.4
Other Receivables	10.24	10.3	1.75	2.12	6.08
Receivables	15.63	22.09	23.16	33.4	62.47
Restricted Cash	-	-	-	6.45	16.59
Other Current Assets	-	-	-	6.09	6.09
Total Current Assets	64.02	71.61	49.75	112.58	127.1
Property, Plant & Equipment	1.2	2.85	0.89	0.71	1.46
Long-Term Investments	0.12	0.33	2.12	2.09	2.2
Other Intangible Assets	0.79	1.99	2	2.95	4.85
Long-Term Deferred Tax Assets	0.04	0	0.76	0.67	0.82
Other Long-Term Assets	-	2.77	-	0.21	0.21
Total Assets	66.18	79.55	55.52	119.2	136.64
Accounts Payable	-	-	-	0	0.13
Accrued Expenses	-	13.44	7.41	-	-
Short-Term Debt	-	-	-	2	-
Current Portion of Long-Term Debt	-	-	-	9.21	-
Current Portion of Leases	0.58	2.34	0.27	0.38	0.77
Current Income Taxes Payable	0.09	0.02	0.08	0.14	0.7
Current Unearned Revenue	2.25	1.94	2.22	2.25	1.89
Other Current Liabilities	11.22	1.04	2.38	15.36	25.63
Total Current Liabilities	14.14	18.79	12.36	29.34	29.12
Long-Term Debt	-	-	-	-	8.11
Long-Term Leases	0.21	0.36	0.26	-	0.25
Long-Term Deferred Tax Liabilities	0	0.01	0.01	0.02	0.02
Total Liabilities	14.35	19.16	12.63	29.35	37.49
Common Stock	2.96	2.96	2.96	2.8	2.8
Additional Paid-In Capital	-	3.49	3.49	25.24	25.24
Retained Earnings	-	28.33	10.82	34.46	43.75
Comprehensive Income & Other	48.87	25.62	25.62	27.36	27.36
Shareholders' Equity	51.83	60.39	42.89	89.85	99.15
Total Liabilities & Equity	66.18	79.55	55.52	119.2	136.64
Total Debt	0.79	2.7	0.54	11.58	9.13
Net Cash (Debt)	47.59	46.82	26.05	55.05	32.82
Net Cash Growth	1.65%	79.73%	-52.68%	67.77%	-40.52%
Net Cash Per Share	0.16	0.16	0.09	0.20	0.12
Filing Date Shares Outstanding	295.63	295.63	295.63	280	280
Total Common Shares Outstanding	295.63	295.63	295.63	280	280
Working Capital	49.88	52.83	37.39	83.24	97.98
Book Value Per Share	0.18	0.20	0.15	0.32	0.35
Tangible Book Value	51.03	58.41	40.88	86.9	94.29
Tangible Book Value Per Share	0.17	0.20	0.14	0.31	0.34
Machinery	-	0.68	1.39	1.32	3.05
Leasehold Improvements	-	2.08	2.08	8.97	9.18

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