HKG:8446 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	May '22 May 31, 2022
Cash & Equivalents	36.28	18.17	12.03	22.56	0.83
Cash & Short-Term Investments	36.28	18.17	12.03	22.56	0.83
Cash Growth	99.64%	51.08%	-46.68%	2617.00%	-28.83%
Accounts Receivable	39.52	25.51	12.23	11.97	4.18
Other Receivables	4.18	50.59	139.75	122.84	1.95
Receivables	43.7	76.1	151.98	134.81	6.12
Prepaid Expenses	-	29.26	45.02	68.73	-
Other Current Assets	267.29	-	5.84	-	5.34
Total Current Assets	347.26	123.53	214.86	226.1	12.29
Property, Plant & Equipment	221.27	144.28	107.9	64.49	72.73
Long-Term Investments	-	82.62	32.22	33.51	-
Goodwill	-	0.49	0.49	-	-
Long-Term Deferred Tax Assets	1.75	2.13	2.11	0.85	0.14
Other Long-Term Assets	1.22	109.71	47.12	2.44	2.29
Total Assets	571.51	462.77	404.69	327.39	87.46
Accounts Payable	-	0.03	0.03	0.17	-
Accrued Expenses	-	26.23	18.72	13.23	12.2
Short-Term Debt	12.67	37.06	40.57	80.07	15.84
Current Portion of Leases	4.82	1.64	4.36	3.71	2.97
Current Income Taxes Payable	8	4.24	3.21	2.49	0.63
Other Current Liabilities	149.1	49.24	41.76	5.78	7.09
Total Current Liabilities	174.59	118.45	108.66	105.45	38.73
Long-Term Leases	5.07	7.71	6.14	0.31	1.84
Long-Term Unearned Revenue	0.88	0.86	0.88	0.9	0.94
Total Liabilities	180.53	127.01	115.68	106.66	41.52
Common Stock	11.25	9.15	8.13	8	8
Additional Paid-In Capital	-	172.14	156.93	56.5	56.5
Retained Earnings	-	9.53	-32.78	-14.9	-19.13
Comprehensive Income & Other	231.97	-3.98	-0.77	1.03	1.09
Total Common Equity	243.22	186.84	131.51	50.63	46.46
Minority Interest	147.75	148.91	157.5	170.1	-0.52
Shareholders' Equity	390.98	335.76	289.01	220.73	45.94
Total Liabilities & Equity	571.51	462.77	404.69	327.39	87.46
Total Debt	22.55	46.4	51.08	84.09	20.65
Net Cash (Debt)	13.73	-28.23	-39.05	-61.53	-19.82
Net Cash Per Share	0.01	-0.03	-0.05	-0.08	-0.02
Filing Date Shares Outstanding	1,125	914.72	813.23	800	800
Total Common Shares Outstanding	1,125	914.72	813.23	800	800
Working Capital	172.68	5.09	106.21	120.65	-26.44
Book Value Per Share	0.22	0.20	0.16	0.06	0.06
Tangible Book Value	243.22	186.35	131.02	50.63	46.46
Tangible Book Value Per Share	0.22	0.20	0.16	0.06	0.06
Machinery	-	347.14	279.08	219.51	216.54
Leasehold Improvements	-	2.31	1.97	1.64	1.65

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