Sheng Tang Holdings 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	17.53	6.04	0.36	10.87	9.74
Cash & Short-Term Investments	17.53	6.04	0.36	10.87	9.74
Cash Growth	190.10%	1569.06%	-96.67%	11.65%	-58.82%
Accounts Receivable	118.97	114.36	116.35	132.4	152.34
Other Receivables	-	-	-	0.7	1.66
Receivables	118.97	114.36	116.35	133.09	154
Inventory	6.27	-	-	-	-
Prepaid Expenses	16.81	7.92	6.61	7.26	6.38
Other Current Assets	1.79	1.92	2.05	3.34	4.08
Total Current Assets	161.36	130.24	125.38	154.56	174.19
Property, Plant & Equipment	7.24	6.15	5.67	9.81	14.3
Long-Term Investments	-	-	-	-	3.77
Goodwill	-	-	-	14	24
Long-Term Deferred Tax Assets	-	1.51	1.55	1.12	0.38
Other Long-Term Assets	0.33	0.21	0.14	8.6	18.9
Total Assets	168.92	138.1	132.74	188.08	235.53
Accounts Payable	26.11	47.32	41.23	46.29	49.03
Accrued Expenses	14.41	13.41	7.97	9.83	12.25
Short-Term Debt	9.39	4.92	7.92	30.17	53.93
Current Portion of Leases	1.9	1.18	1.16	1.9	2.66
Current Income Taxes Payable	0.14	-	-	-	-
Current Unearned Revenue	2.11	2.71	10.64	5.33	3.58
Other Current Liabilities	3.12	18.04	22.07	20.77	16.4
Total Current Liabilities	57.17	87.59	90.98	114.29	137.86
Long-Term Leases	1.76	1.11	0.28	2	1.25
Total Liabilities	58.93	88.7	91.27	116.28	139.1
Common Stock	16.22	12.6	10.5	10.5	10.5
Additional Paid-In Capital	173.09	96.84	87.87	87.87	87.87
Retained Earnings	-81.33	-61.98	-58.84	-28.52	-3.89
Comprehensive Income & Other	2.01	1.94	1.94	1.94	1.94
Shareholders' Equity	109.99	49.4	41.47	71.79	96.43
Total Liabilities & Equity	168.92	138.1	132.74	188.08	235.53
Total Debt	13.05	7.22	9.37	34.07	57.84
Net Cash (Debt)	4.48	-1.18	-9	-23.2	-48.1
Net Cash Per Share	0.00	-0.00	-0.01	-0.02	-0.06
Filing Date Shares Outstanding	1,622	1,260	1,050	1,050	1,050
Total Common Shares Outstanding	1,622	1,260	1,050	1,050	1,050
Working Capital	104.19	42.65	34.39	40.27	36.33
Book Value Per Share	0.07	0.04	0.04	0.07	0.09
Tangible Book Value	109.99	49.4	41.47	57.79	72.43
Tangible Book Value Per Share	0.07	0.04	0.04	0.06	0.07
Land	8.07	6.95	6	7.21	14.35
Machinery	11.11	11.28	13.35	16.15	15.86
Leasehold Improvements	3.42	3.42	3.42	3.42	3.85

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