MS Concept Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Equivalents	19.58	17.53	29.1	44.87	28.83
Short-Term Investments	6.58	9.84	-	-	-
Cash & Short-Term Investments	26.16	27.36	29.1	44.87	28.83
Cash Growth	-4.39%	-5.96%	-35.15%	55.68%	-37.88%
Accounts Receivable	3.62	0.6	2.76	0.75	0.21
Other Receivables	-	-	0.12	0.12	2.01
Receivables	3.62	0.6	2.88	0.87	2.21
Inventory	0.4	0.5	0.85	0.68	0.41
Prepaid Expenses	-	-	1.73	1.13	0.93
Restricted Cash	3.84	3.57	2.09	2.06	2.04
Other Current Assets	-	-	7.08	6.04	5.04
Total Current Assets	34.02	32.04	43.72	55.65	39.46
Property, Plant & Equipment	48.19	50.59	77.49	63.63	60.21
Long-Term Deferred Tax Assets	2.79	2.8	3.91	3.53	4.53
Other Long-Term Assets	5.42	6.13	8.94	10.57	12.32
Total Assets	90.42	91.56	134.05	133.39	116.52
Accounts Payable	15.06	17.96	17.63	16.94	5.56
Accrued Expenses	6.81	5.54	4.99	4.37	5.21
Short-Term Debt	-	-	-	3.29	7.33
Current Portion of Leases	19.16	28.23	32.55	30.88	27.29
Current Income Taxes Payable	0.93	0.2	0.07	0.28	0.02
Current Unearned Revenue	1.66	0.33	0.18	0.16	0.04
Other Current Liabilities	1.01	1.9	1.62	1.92	0.38
Total Current Liabilities	44.64	54.15	57.05	57.85	45.84
Long-Term Leases	29.29	24.45	46.47	27.06	25.91
Other Long-Term Liabilities	1.5	2.06	2.43	1.77	2.01
Total Liabilities	75.43	80.66	105.95	86.68	73.77
Common Stock	10	10	10	10	10
Additional Paid-In Capital	31.94	31.94	31.94	31.94	31.94
Retained Earnings	-26.96	-31.04	-13.84	4.77	0.8
Shareholders' Equity	14.98	10.9	28.1	46.71	42.74
Total Liabilities & Equity	90.42	91.56	134.05	133.39	116.52
Total Debt	48.45	52.68	79.02	61.23	60.53
Net Cash (Debt)	-22.29	-25.31	-49.92	-16.36	-31.71
Net Cash Per Share	-0.02	-0.03	-0.05	-0.02	-0.03
Filing Date Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Total Common Shares Outstanding	1,000	1,000	1,000	1,000	1,000
Working Capital	-10.62	-22.11	-13.33	-2.19	-6.39
Book Value Per Share	0.01	0.01	0.03	0.05	0.04
Tangible Book Value	14.98	10.9	28.1	46.71	42.74
Tangible Book Value Per Share	0.01	0.01	0.03	0.05	0.04
Machinery	9.04	11.87	12.36	11.74	11.74
Leasehold Improvements	27.57	35.05	34.57	32.49	32.23