M&L Holdings 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	17.12	23.39	28.3	28.24	25.97
Cash & Short-Term Investments	17.12	23.39	28.3	28.24	25.97
Cash Growth	-26.82%	-17.36%	0.24%	8.73%	23.30%
Accounts Receivable	65.06	62.34	70.31	74.95	90.83
Other Receivables	1.61	0.88	1.55	1.55	2.06
Receivables	66.67	63.22	71.86	76.5	92.89
Inventory	37.87	31.09	33.06	42.94	34.76
Prepaid Expenses	0.67	0.8	1.34	1.33	0.26
Other Current Assets	9.21	29.45	4.96	4.46	2.97
Total Current Assets	131.53	147.95	139.52	153.47	156.84
Property, Plant & Equipment	28.84	13.15	33.78	32.77	33.81
Long-Term Deferred Tax Assets	1.03	0.96	1.53	2.7	2.7
Other Long-Term Assets	10.76	6.35	5.77	5.89	5.43
Total Assets	172.15	168.42	180.6	194.83	198.78
Accounts Payable	22.34	28.51	25.92	34.98	36.13
Accrued Expenses	4.12	2.42	5.71	4.69	4.16
Short-Term Debt	3	2	3.22	3.72	4
Current Portion of Long-Term Debt	9.79	19.69	24.59	27.83	28.44
Current Portion of Leases	0.25	1.31	1.35	1.82	1.04
Current Income Taxes Payable	0.22	-	1.13	-	-
Current Unearned Revenue	6.91	-	0.4	11.47	2.57
Other Current Liabilities	10.53	6.29	5.88	6.35	7.4
Total Current Liabilities	57.15	60.22	68.2	90.85	83.73
Long-Term Debt	-	1.79	3.48	5.07	7.9
Long-Term Leases	-	0.24	0.54	0.79	1.1
Long-Term Deferred Tax Liabilities	1.22	5.5	3.07	2.39	2.34
Other Long-Term Liabilities	0.53	0.53	0.62	0.51	0.29
Total Liabilities	58.89	68.27	75.91	99.6	95.36
Common Stock	6	6	6	6	6
Additional Paid-In Capital	63.33	63.33	63.33	63.33	63.33
Retained Earnings	-	-	10.79	3.84	12.25
Comprehensive Income & Other	42.76	29.63	23.2	21.05	20.68
Total Common Equity	112.09	98.96	103.32	94.23	102.27
Minority Interest	1.17	1.18	1.38	1	1.15
Shareholders' Equity	113.26	100.15	104.7	95.23	103.42
Total Liabilities & Equity	172.15	168.42	180.6	194.83	198.78
Total Debt	13.03	25.03	33.18	39.22	42.48
Net Cash (Debt)	4.09	-1.64	-4.87	-10.99	-16.51
Net Cash Per Share	0.01	-0.00	-0.01	-0.02	-0.03
Filing Date Shares Outstanding	600	600	600	600	600
Total Common Shares Outstanding	600	600	600	600	600
Working Capital	74.39	87.73	71.32	62.62	73.11
Book Value Per Share	0.19	0.16	0.17	0.16	0.17
Tangible Book Value	112.09	98.96	103.32	94.23	102.27
Tangible Book Value Per Share	0.19	0.16	0.17	0.16	0.17
Land	19.06	2.83	21.62	19.26	19.45
Machinery	16.79	16.65	17.59	17.9	18.05
Leasehold Improvements	1.26	2.06	2.15	2.35	2.16