V & V Technology Holdings Limited (HKG:8113)

V & V Technology Holdings 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	21.16	69.3	33.96	47.19	91.9	98.86
Short-Term Investments	9.64	6.38	26.53	12.53	26.56	21.34
Cash & Short-Term Investments	30.8	75.68	60.49	59.72	118.45	120.21
Cash Growth	-14.68%	25.12%	1.29%	-49.59%	-1.46%	-15.61%
Accounts Receivable	273.4	108.81	118.11	101.82	114.66	130.22
Other Receivables	0.55	14.91	12.05	14.41	19.93	16.93
Receivables	273.95	123.72	130.16	116.23	134.59	147.15
Inventory	151.83	167.65	113.47	109.58	140.77	477.69
Prepaid Expenses	-	0.38	0.68	0.66	0.33	-
Other Current Assets	19.5	11.7	29.04	29.04	15	-
Total Current Assets	476.08	379.13	333.85	315.23	409.14	745.05
Property, Plant & Equipment	1.13	1.27	0.44	0.59	3.72	8.08
Other Intangible Assets	0.27	0.27	0.27	0.27	0.27	0.27
Other Long-Term Assets	-	-	-	-	-	0.79
Total Assets	477.47	380.66	334.55	316.08	413.13	754.18

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	154.87	115.63	88.62	115.28	131.95	308.92
Accrued Expenses	-	2.91	3.36	3.98	7.03	-
Short-Term Debt	204.2	153.66	151.16	117.52	220.43	302.34
Current Portion of Leases	-	-	-	-	2.64	3.47
Current Income Taxes Payable	0.26	0.08	0.09	0.09	0.09	0.16
Current Unearned Revenue	19.58	13.82	3.34	6.06	13.61	14.52
Other Current Liabilities	-	1.25	0.37	3.88	10.13	18.39
Total Current Liabilities	378.91	287.34	246.93	246.8	385.87	647.8
Long-Term Leases	-	-	-	-	0.06	2.9
Total Liabilities	378.91	287.34	246.93	246.8	385.93	650.7

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	14.54	14.54	14.54	9.69	6.53	6.53
Additional Paid-In Capital	-	106.94	106.94	88.36	54.78	54.78
Retained Earnings	-	-53.41	-56.88	-53.7	-57.64	10.91
Comprehensive Income & Other	84.02	25.26	23.02	24.93	23.54	31.28
Shareholders' Equity	98.56	93.33	87.61	69.28	27.2	103.49
Total Liabilities & Equity	477.47	380.66	334.55	316.08	413.13	754.18

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	204.2	153.66	151.16	117.52	223.12	308.72
Net Cash (Debt)	-173.4	-77.97	-90.68	-57.8	-104.67	-188.51
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.19	-0.54	-0.87	-0.73	-1.60	-2.89
Filing Date Shares Outstanding	145.27	145.36	145.36	96.91	65.28	65.28
Total Common Shares Outstanding	145.27	145.36	145.36	96.91	65.28	65.28
Working Capital	97.16	91.8	86.91	68.43	23.27	97.26
Book Value Per Share	0.68	0.64	0.60	0.71	0.42	1.59
Tangible Book Value	98.29	93.06	87.35	69.02	26.94	103.22
Tangible Book Value Per Share	0.68	0.64	0.60	0.71	0.41	1.58
Machinery	-	6.1	5.12	5.43	5.5	5.67
Leasehold Improvements	-	0.5	0.5	0.31	4.06	4.23

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

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 22, 2026

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