ETS Group Limited (HKG:8031)

ETS Group Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	49.64	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	49.64	48.38	49.52	26.59	66.64	41.94
Cash Growth	-5.54%	-2.31%	86.27%	-60.10%	58.87%	-31.35%
Accounts Receivable	11.08	12.47	11.79	21.41	31.28	56.4
Other Receivables	9.72	3.17	10.3	1.75	2.12	6.08
Receivables	20.81	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	70.45	64.02	71.61	49.75	112.58	127.1
Property, Plant & Equipment	4.97	0.94	2.85	0.89	0.71	1.46
Long-Term Investments	0.12	0.12	0.33	2.12	2.09	2.2
Other Intangible Assets	0.55	1.06	1.99	2	2.95	4.85
Long-Term Deferred Tax Assets	0.04	0.04	0	0.76	0.67	0.82
Other Long-Term Assets	-	-	2.77	-	0.21	0.21
Total Assets	76.13	66.18	79.55	55.52	119.2	136.64

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	-	-	-	0	0.13
Accrued Expenses	7.19	10.36	13.44	7.41	-	-
Short-Term Debt	0.11	-	-	-	2	-
Current Portion of Long-Term Debt	-	-	-	-	9.21	-
Current Portion of Leases	1.51	0.58	2.34	0.27	0.38	0.77
Current Income Taxes Payable	0.38	0.09	0.02	0.08	0.14	0.7
Current Unearned Revenue	0.52	2.25	1.94	2.22	2.25	1.89
Other Current Liabilities	1.28	0.86	1.04	2.38	15.36	25.63
Total Current Liabilities	11.01	14.14	18.79	12.36	29.34	29.12
Long-Term Debt	0.4	-	-	-	-	8.11
Long-Term Leases	2.24	0.21	0.36	0.26	-	0.25
Long-Term Deferred Tax Liabilities	0	0	0.01	0.01	0.02	0.02
Total Liabilities	13.65	14.35	19.16	12.63	29.35	37.49

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3.55	2.96	2.96	2.96	2.8	2.8
Additional Paid-In Capital	20.51	3.49	3.49	3.49	25.24	25.24
Retained Earnings	-	19.76	28.33	10.82	34.46	43.75
Comprehensive Income & Other	38.42	25.62	25.62	25.62	27.36	27.36
Shareholders' Equity	62.48	51.83	60.39	42.89	89.85	99.15
Total Liabilities & Equity	76.13	66.18	79.55	55.52	119.2	136.64

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4.26	0.79	2.7	0.54	11.58	9.13
Net Cash (Debt)	45.38	47.59	46.82	26.05	55.05	32.82
Net Cash Growth	-11.06%	1.65%	79.73%	-52.68%	67.77%	-40.52%
Net Cash Per Share	0.15	0.16	0.16	0.09	0.20	0.12
Filing Date Shares Outstanding	354.75	295.63	295.63	295.63	280	280
Total Common Shares Outstanding	354.75	295.63	295.63	295.63	280	280
Working Capital	59.44	49.88	52.83	37.39	83.24	97.98
Book Value Per Share	0.18	0.18	0.20	0.15	0.32	0.35
Tangible Book Value	61.93	50.77	58.41	40.88	86.9	94.29
Tangible Book Value Per Share	0.17	0.17	0.20	0.14	0.31	0.34
Machinery	-	0.64	0.68	1.39	1.32	3.05
Leasehold Improvements	-	0.3	2.08	2.08	8.97	9.18

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 24, 2026

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