Sheng Tang Holdings Balance Sheet

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2.81	6.04	0.36	10.87	9.74	23.64
Cash & Short-Term Investments	2.81	6.04	0.36	10.87	9.74	23.64
Cash Growth	24.03%	1569.06%	-96.67%	11.65%	-58.82%	70.43%
Accounts Receivable	109.13	114.36	116.35	132.4	152.34	125.64
Other Receivables	-	-	-	0.7	1.66	1.02
Receivables	109.13	114.36	116.35	133.09	154	126.66
Prepaid Expenses	8.07	7.92	6.61	7.26	6.38	4.53
Other Current Assets	2.75	1.92	2.05	3.34	4.08	2.66
Total Current Assets	122.76	130.24	125.38	154.56	174.19	157.49
Property, Plant & Equipment	5.3	6.15	5.67	9.81	14.3	16.33
Long-Term Investments	-	-	-	-	3.77	-
Goodwill	-	-	-	14	24	-
Long-Term Deferred Tax Assets	1.51	1.51	1.55	1.12	0.38	-
Other Long-Term Assets	0.24	0.21	0.14	8.6	18.9	7.55
Total Assets	129.81	138.1	132.74	188.08	235.53	181.37
Accounts Payable	21.78	47.32	41.23	46.29	49.03	40.15
Accrued Expenses	14.26	13.41	7.97	9.83	12.25	8.09
Short-Term Debt	4.14	4.92	7.92	30.17	53.93	36.38
Current Portion of Leases	1.18	1.18	1.16	1.9	2.66	1.92
Current Unearned Revenue	2.02	2.71	10.64	5.33	3.58	3.24
Other Current Liabilities	36.32	18.04	22.07	20.77	16.4	7.96
Total Current Liabilities	79.7	87.59	90.98	114.29	137.86	97.74
Long-Term Leases	0.52	1.11	0.28	2	1.25	1.52
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.1
Total Liabilities	80.22	88.7	91.27	116.28	139.1	99.35
Common Stock	12.6	12.6	10.5	10.5	10.5	8
Additional Paid-In Capital	96.84	96.84	87.87	87.87	87.87	33.32
Retained Earnings	-61.8	-61.98	-58.84	-28.52	-3.89	38.75
Comprehensive Income & Other	1.94	1.94	1.94	1.94	1.94	1.94
Shareholders' Equity	49.59	49.4	41.47	71.79	96.43	82.02
Total Liabilities & Equity	129.81	138.1	132.74	188.08	235.53	181.37
Total Debt	5.85	7.22	9.37	34.07	57.84	39.82
Net Cash (Debt)	-3.03	-1.18	-9	-23.2	-48.1	-16.18
Net Cash Per Share	-0.00	-0.00	-0.01	-0.02	-0.06	-0.02
Filing Date Shares Outstanding	1,260	1,260	1,050	1,050	1,050	800
Total Common Shares Outstanding	1,260	1,260	1,050	1,050	1,050	800
Working Capital	43.07	42.65	34.39	40.27	36.33	59.75
Book Value Per Share	0.04	0.04	0.04	0.07	0.09	0.10
Tangible Book Value	49.59	49.4	41.47	57.79	72.43	82.02
Tangible Book Value Per Share	0.04	0.04	0.04	0.06	0.07	0.10
Land	-	6.95	6	7.21	14.35	9.64
Machinery	-	11.28	13.35	16.15	15.86	12.74
Leasehold Improvements	-	3.42	3.42	3.42	3.85	3.25

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