Directel 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	22.97	26.57	14.59	15.86	29.52	37.15
Short-Term Investments	3.5	3.06	4.36	3.17	3.24	4.28
Cash & Short-Term Investments	26.48	29.63	18.96	19.02	32.77	41.43
Cash Growth	5.38%	56.32%	-0.36%	-41.94%	-20.92%	-36.27%
Accounts Receivable	8.32	8.9	16.28	21.41	24.03	24.97
Other Receivables	0.21	0.35	0.21	0.32	0.34	0.28
Receivables	8.53	9.25	16.49	21.73	24.37	25.25
Inventory	0.13	0.98	1.41	2.4	0.87	0.3
Other Current Assets	0.24	0.23	0.2	0.2	0.2	0.2
Total Current Assets	35.37	40.1	37.05	43.35	58.21	67.18
Property, Plant & Equipment	1.14	0.58	1.07	2.68	4.22	7.44
Long-Term Investments	0.81	1.06	1.01	2.61	1.56	1.72
Total Assets	37.32	41.73	39.14	48.64	63.99	76.34
Accounts Payable	3.3	3.53	3.29	3.13	3.08	0.36
Accrued Expenses	1.86	2.49	3.22	2.54	2.89	2.99
Current Portion of Leases	0.66	0.43	0.59	0.74	0.72	0.97
Current Income Taxes Payable	-	0	-	0.01	0.02	0.02
Current Unearned Revenue	0.13	0.05	0.01	0.52	0.15	0.59
Total Current Liabilities	5.95	6.49	7.11	6.93	6.86	4.93
Long-Term Leases	0.36	0.06	0.22	0.34	0.51	0.45
Pension & Post-Retirement Benefits	0.35	0.33	0.33	-	-	-
Long-Term Deferred Tax Liabilities	0.04	0.06	0.11	0.34	0.59	1.11
Total Liabilities	6.7	6.94	7.76	7.61	7.96	6.48
Common Stock	48.98	48.98	36.98	36.98	36.98	36.98
Additional Paid-In Capital	74.29	74.29	74.52	74.52	74.52	74.52
Retained Earnings	-89.45	-85.26	-77.16	-67.13	-54.82	-40.61
Comprehensive Income & Other	-3.19	-3.21	-2.96	-3.37	-0.7	-1.02
Total Common Equity	30.62	34.8	31.37	40.99	55.98	69.86
Minority Interest	-	-	-	0.04	0.05	-
Shareholders' Equity	30.62	34.8	31.37	41.03	56.02	69.86
Total Liabilities & Equity	37.32	41.73	39.14	48.64	63.99	76.34
Total Debt	1.02	0.48	0.81	1.08	1.23	1.41
Net Cash (Debt)	25.45	29.15	18.15	17.95	31.53	40.02
Net Cash Growth	103.68%	60.64%	1.11%	-43.09%	-21.21%	-37.24%
Net Cash Per Share	0.12	0.16	0.10	0.10	0.17	0.22
Filing Date Shares Outstanding	244.88	244.88	184.88	184.88	184.88	184.88
Total Common Shares Outstanding	244.88	244.88	184.88	184.88	184.88	184.88
Working Capital	29.42	33.61	29.95	36.43	51.36	62.25
Book Value Per Share	0.13	0.14	0.17	0.22	0.30	0.38
Tangible Book Value	30.62	34.8	31.37	40.99	55.98	69.86
Tangible Book Value Per Share	0.13	0.14	0.17	0.22	0.30	0.38
Machinery	-	40.08	39.8	39.39	38.84	38.19
Leasehold Improvements	-	1.86	1.86	1.86	1.86	1.86

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.