HKG:8385 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	0.61	0.85	3.02	1.26	2.05
Cash & Short-Term Investments	0.61	0.85	3.02	1.26	2.05
Cash Growth	-28.74%	-71.91%	139.65%	-38.43%	32.04%
Accounts Receivable	15.62	7.01	28.95	45.46	113
Other Receivables	0.37	3.59	3.87	6.12	3.89
Receivables	15.99	10.61	32.82	51.58	116.89
Inventory	-	-	16.85	26.76	35.22
Prepaid Expenses	-	-	0.03	0.2	0.09
Other Current Assets	67.93	-	0.94	2.74	11.31
Total Current Assets	84.53	11.46	53.67	82.54	165.57
Property, Plant & Equipment	0.86	39.11	132.65	202.62	196.75
Long-Term Investments	0.42	1.2	1.2	14.82	2.93
Other Intangible Assets	-	-	0.18	0.3	0.44
Long-Term Deferred Tax Assets	-	-	-	0.22	0.45
Other Long-Term Assets	1.15	45.4	46.07	-	15.19
Total Assets	86.96	97.17	233.78	300.5	381.32
Accounts Payable	33.22	19.15	20.55	27.21	55.1
Accrued Expenses	11.19	10.67	4.73	7.36	6.85
Short-Term Debt	19.84	11.52	12.2	17.05	8.32
Current Portion of Long-Term Debt	113.31	101.53	109.35	126.07	139.43
Current Portion of Leases	0.12	0.61	9.9	13.17	7.19
Current Income Taxes Payable	1.53	0.48	0.55	1.02	4.16
Other Current Liabilities	22.6	18.41	20.15	17.35	17.12
Total Current Liabilities	201.8	162.37	177.42	209.24	238.16
Long-Term Debt	-	4.97	10.79	8.75	-
Long-Term Leases	0.05	-	2.69	15.86	6.35
Long-Term Deferred Tax Liabilities	0.58	0.58	8.61	8.85	6.52
Total Liabilities	202.44	167.92	199.52	242.69	251.03
Common Stock	108.49	108.49	106.32	100.84	100.84
Retained Earnings	-	-	-	-	25.04
Comprehensive Income & Other	-223.98	-179.24	-72.06	-43.04	4.41
Total Common Equity	-115.49	-70.75	34.26	57.81	130.29
Shareholders' Equity	-115.49	-70.75	34.26	57.81	130.29
Total Liabilities & Equity	86.96	97.17	233.78	300.5	381.32
Total Debt	133.32	118.63	144.93	180.9	161.29
Net Cash (Debt)	-132.72	-117.78	-141.91	-179.63	-159.25
Net Cash Per Share	-1.27	-1.28	-1.72	-2.25	-1.99
Filing Date Shares Outstanding	104.39	104.39	87	80	80
Total Common Shares Outstanding	104.39	104.39	87	80	80
Working Capital	-117.27	-150.92	-123.75	-126.7	-72.6
Book Value Per Share	-1.11	-0.68	0.39	0.72	1.63
Tangible Book Value	-115.49	-70.75	34.08	57.51	129.84
Tangible Book Value Per Share	-1.11	-0.68	0.39	0.72	1.62
Machinery	3.12	105.23	205.62	230.23	255.46
Leasehold Improvements	-	15.1	20.88	20.94	20.23