Cornerstone Technologies Holdings Limited (HKG:8391)

HKG:8391 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	29.89	52.25	23.38	10.52	16.62	33.21
Short-Term Investments	1.8	1.84	1.94	4.42	0.71	0.83
Cash & Short-Term Investments	31.69	54.1	25.32	14.94	17.34	34.03
Cash Growth	544.94%	113.62%	69.46%	-13.80%	-49.06%	-35.05%
Accounts Receivable	25.48	61.65	48.85	17.11	7.64	7.32
Other Receivables	3.02	5.58	1.59	1.95	2.45	1.84
Receivables	28.5	67.22	50.43	19.06	10.09	9.16
Inventory	6.52	6.18	6.12	7.72	7.49	3.66
Prepaid Expenses	17.94	13.99	12.9	4.05	10.69	2.72
Total Current Assets	84.65	141.48	94.78	45.77	45.61	49.57
Property, Plant & Equipment	85.69	80.06	53.85	62.79	68.94	44.18
Long-Term Investments	73.88	75.53	-	-	-	-
Goodwill	30.08	30.08	30.08	30.08	30.08	30.08
Other Intangible Assets	31.89	11.59	12.17	9.67	8.68	9.47
Long-Term Deferred Tax Assets	12	12	8.31	4.64	0	0.01
Long-Term Deferred Charges	-	19.86	15.91	13.44	9.95	2.63
Other Long-Term Assets	5.36	6.07	5.05	3.69	6.75	3.53
Total Assets	323.55	376.67	220.14	170.08	170.01	139.46
Accounts Payable	27.79	45.86	26.84	16.76	4.87	2.02
Accrued Expenses	30.55	10.59	8.53	11.36	8.28	9.8
Short-Term Debt	-	-	0.53	30.47	28.17	0.27
Current Portion of Long-Term Debt	55.81	16.02	-	-	-	-
Current Portion of Leases	3.6	2.74	2.72	7.81	11.04	11.84
Current Unearned Revenue	4.48	3.6	1.06	0.85	0.72	0.39
Other Current Liabilities	2.93	18.64	1.44	13.62	3.79	23.25
Total Current Liabilities	125.16	97.45	41.1	80.86	56.87	47.57
Long-Term Debt	139.41	173.04	57.72	-	-	5.1
Long-Term Leases	1.8	2.6	5.34	29.7	44.04	18.89
Long-Term Deferred Tax Liabilities	12.77	12.85	9.33	5.84	4.68	3.53
Other Long-Term Liabilities	77.15	89.48	1.21	2.8	2.76	0.92
Total Liabilities	356.27	375.43	114.7	119.19	108.35	76.01
Common Stock	9.54	9.54	8.86	7.37	6.08	4.81
Additional Paid-In Capital	393.51	393.51	354.15	203.59	122.16	71.27
Retained Earnings	-	-502.58	-358.48	-252.09	-91.78	-30.42
Comprehensive Income & Other	-435.77	100.78	100.91	93.54	25.85	17.8
Total Common Equity	-32.72	1.24	105.44	52.4	62.3	63.46
Minority Interest	-	-	-0.01	-1.51	-0.64	-
Shareholders' Equity	-32.72	1.24	105.44	50.89	61.67	63.46
Total Liabilities & Equity	323.55	376.67	220.14	170.08	170.01	139.46
Total Debt	200.62	194.41	66.3	67.97	83.25	36.1
Net Cash (Debt)	-168.93	-140.31	-40.98	-53.03	-65.91	-2.07
Net Cash Per Share	-0.18	-0.15	-0.05	-0.08	-0.11	-0.00
Filing Date Shares Outstanding	953.58	953.58	886.24	736.99	607.79	480.54
Total Common Shares Outstanding	953.58	953.58	886.24	736.99	607.79	480.54
Working Capital	-40.51	44.04	53.68	-35.09	-11.26	2.01
Book Value Per Share	-0.03	0.00	0.12	0.07	0.10	0.13
Tangible Book Value	-94.69	-40.43	63.19	12.66	23.54	23.91
Tangible Book Value Per Share	-0.10	-0.04	0.07	0.02	0.04	0.05
Machinery	-	88.3	49.73	102.27	86.06	84.78
Leasehold Improvements	-	4.24	4.24	13.68	5.23	5.44

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