HKG:8385 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	0.02	0.85	3.02	1.26	2.05	1.55
Cash & Short-Term Investments	0.02	0.85	3.02	1.26	2.05	1.55
Cash Growth	-97.05%	-71.91%	139.65%	-38.43%	32.04%	-94.67%
Accounts Receivable	16.32	16.69	28.95	45.46	113	145.33
Other Receivables	2.04	3.49	3.87	6.12	3.89	3.64
Receivables	18.36	20.18	32.82	51.58	116.89	148.97
Inventory	-	-	16.85	26.76	35.22	50.6
Prepaid Expenses	-	-	0.03	0.2	0.09	0.58
Other Current Assets	0.11	0.11	0.94	2.74	11.31	35.21
Total Current Assets	18.49	21.14	53.67	82.54	165.57	236.91
Property, Plant & Equipment	37.43	92.17	132.65	202.62	196.75	219.07
Long-Term Investments	2.22	1.2	1.2	14.82	2.93	6.52
Other Intangible Assets	-	-	0.18	0.3	0.44	0.55
Long-Term Deferred Tax Assets	-	-	-	0.22	0.45	2.2
Other Long-Term Assets	42.36	43.94	46.07	-	15.19	6.11
Total Assets	100.49	158.44	233.78	300.5	381.32	471.36
Accounts Payable	6.54	19.15	20.55	27.21	55.1	20.82
Accrued Expenses	-	4.96	4.73	7.36	6.85	7.7
Short-Term Debt	12.22	11.52	12.2	17.05	8.32	15.46
Current Portion of Long-Term Debt	106.71	96.06	109.35	126.07	139.43	144.12
Current Portion of Leases	-	0.61	9.9	13.17	7.19	15.21
Current Income Taxes Payable	0.44	0.48	0.55	1.02	4.16	4.64
Other Current Liabilities	24.26	22.57	20.15	17.35	17.12	21.72
Total Current Liabilities	150.16	155.35	177.42	209.24	238.16	229.66
Long-Term Debt	4.97	4.97	10.79	8.75	-	20.05
Long-Term Leases	-	-	2.69	15.86	6.35	5.31
Long-Term Deferred Tax Liabilities	7.27	7.27	8.61	8.85	6.52	7.99
Total Liabilities	162.4	167.59	199.52	242.69	251.03	263.01
Common Stock	108.49	108.49	106.32	100.84	100.84	100.84
Retained Earnings	-	-	-	-	25.04	108.12
Comprehensive Income & Other	-170.4	-117.64	-72.06	-43.04	4.41	-0.62
Total Common Equity	-61.91	-9.15	34.26	57.81	130.29	208.35
Shareholders' Equity	-61.91	-9.15	34.26	57.81	130.29	208.35
Total Liabilities & Equity	100.49	158.44	233.78	300.5	381.32	471.36
Total Debt	123.89	113.16	144.93	180.9	161.29	200.15
Net Cash (Debt)	-123.87	-112.31	-141.91	-179.63	-159.25	-198.6
Net Cash Per Share	-1.21	-1.22	-1.72	-2.25	-1.99	-2.48
Filing Date Shares Outstanding	104.39	104.39	87	80	80	80
Total Common Shares Outstanding	104.39	104.39	87	80	80	80
Working Capital	-131.67	-134.21	-123.75	-126.7	-72.6	7.25
Book Value Per Share	-0.59	-0.09	0.39	0.72	1.63	2.60
Tangible Book Value	-61.91	-9.15	34.08	57.51	129.84	207.8
Tangible Book Value Per Share	-0.59	-0.09	0.39	0.72	1.62	2.60
Machinery	-	105.23	205.62	230.23	255.46	258.48
Leasehold Improvements	-	15.1	20.88	20.94	20.23	19.2

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