THAC Group (Holdings) Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	3.99	3.8	0.82	6.19	1.74
Cash & Short-Term Investments	3.99	3.8	0.82	6.19	1.74
Cash Growth	4.84%	366.63%	-86.82%	256.28%	-89.95%
Accounts Receivable	0.27	3.56	0.36	0.8	0.74
Other Receivables	0.41	0.03	0.11	0.8	0.44
Receivables	0.68	3.59	0.47	1.6	1.18
Inventory	0.47	0.42	21.9	22.04	31.17
Prepaid Expenses	3.61	2.36	0.53	0.84	0.69
Other Current Assets	1.85	-	2.35	2.33	2.74
Total Current Assets	10.59	10.18	26.08	32.99	37.51
Property, Plant & Equipment	43.71	38.84	1.11	2.48	0.84
Other Long-Term Assets	1.99	1.23	0.15	0.46	0.57
Total Assets	56.28	50.25	27.34	35.93	38.93
Accounts Payable	1.78	1.76	2.29	2.95	3.07
Accrued Expenses	2.28	2.22	1.57	1.49	1.39
Short-Term Debt	0.02	0.02	6.72	4.1	1.21
Current Portion of Leases	7.32	5.14	2.37	4.29	4.55
Current Unearned Revenue	0.01	0.03	0.01	0.01	0.12
Other Current Liabilities	15.2	12.66	4.84	3.8	5.82
Total Current Liabilities	26.61	21.83	17.8	16.64	16.15
Long-Term Leases	25.99	26.6	0.04	1.13	1.3
Pension & Post-Retirement Benefits	-	-	-	-	0.69
Other Long-Term Liabilities	1.19	1	-	0.35	0.43
Total Liabilities	53.79	49.43	17.83	18.12	18.57
Common Stock	11.15	11.15	11.15	11.15	4.46
Additional Paid-In Capital	133.45	133.45	133.45	133.45	127.33
Retained Earnings	-142.87	-144.54	-135.85	-127.54	-112.2
Comprehensive Income & Other	0.77	0.77	0.77	0.77	0.77
Shareholders' Equity	2.49	0.82	9.51	17.82	20.36
Total Liabilities & Equity	56.28	50.25	27.34	35.93	38.93
Total Debt	33.34	31.76	9.12	9.51	7.05
Net Cash (Debt)	-29.35	-27.96	-8.31	-3.33	-5.32
Net Cash Per Share	-0.53	-0.50	-0.15	-0.11	-0.24
Filing Date Shares Outstanding	55.75	55.75	55.75	55.75	22.3
Total Common Shares Outstanding	55.75	55.75	55.75	55.75	22.3
Working Capital	-16.03	-11.65	8.28	16.35	21.36
Book Value Per Share	0.04	0.01	0.17	0.32	0.91
Tangible Book Value	2.49	0.82	9.51	17.82	20.36
Tangible Book Value Per Share	0.04	0.01	0.17	0.32	0.91
Machinery	5.47	-	8.97	8.97	8.71
Leasehold Improvements	9.87	-	10.63	10.67	10.14