Scorching Dragon Holdings 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	0.69	6.89	1.01	4.88	6.33	11.69
Short-Term Investments	-	15.79	9.03	11.95	11.83	23.12
Trading Asset Securities	-	-	-	-	-	4.93
Cash & Short-Term Investments	0.69	22.68	10.05	16.83	18.16	39.74
Cash Growth	-91.50%	125.73%	-40.32%	-7.32%	-54.29%	-39.77%
Accounts Receivable	0.18	0.22	0.77	0.6	3.74	2.37
Other Receivables	0.28	0.28	0.01	0.34	0.55	1.76
Receivables	0.46	0.5	0.77	0.94	4.29	4.13
Inventory	2.12	2.22	3.66	3.57	5.78	7.96
Prepaid Expenses	18.75	0.05	0.28	0.3	0.57	1.1
Other Current Assets	-	-	-	-	2.06	-
Total Current Assets	22.01	25.44	14.75	21.65	30.86	52.92
Property, Plant & Equipment	25.08	25.5	26.3	27.1	27.89	73.6
Long-Term Deferred Tax Assets	0.12	0.12	3.5	3.23	3.36	3.42
Other Long-Term Assets	0.05	0.05	0.24	3.4	2.97	9.59
Total Assets	47.27	51.12	44.79	55.38	65.09	139.52
Accounts Payable	36.05	36.11	36.32	36.82	40.53	34.6
Accrued Expenses	-	5.98	6.58	7.94	-	-
Short-Term Debt	96.04	97.28	65.54	60.77	60.64	76.45
Current Portion of Leases	0.32	0.44	3.8	8.23	21.1	39.19
Current Income Taxes Payable	0.4	0.4	0.49	0.44	0.31	1.05
Current Unearned Revenue	-	0.65	0.71	0.74	1.33	4.02
Other Current Liabilities	41.9	31.14	31.25	42.7	37.16	21.94
Total Current Liabilities	174.71	172.01	144.69	157.64	161.09	177.25
Long-Term Debt	-	-	2	-	-	-
Long-Term Leases	-	-	0.48	3.84	5.53	16.87
Other Long-Term Liabilities	-	-	-	1.05	0.62	2.41
Total Liabilities	174.71	172.01	147.16	162.53	167.24	196.53
Common Stock	29.03	24.19	20.74	17.28	17.28	14.4
Additional Paid-In Capital	95.98	95.98	90.91	90.91	90.91	88.06
Retained Earnings	-251.79	-240.4	-213.36	-214.69	-209.4	-158.63
Comprehensive Income & Other	-0.66	-0.66	-0.66	-0.65	-0.95	-0.83
Total Common Equity	-127.45	-120.9	-102.38	-107.15	-102.15	-57
Shareholders' Equity	-127.45	-120.9	-102.38	-107.15	-102.15	-57
Total Liabilities & Equity	47.27	51.12	44.79	55.38	65.09	139.52
Total Debt	96.36	97.73	71.81	72.84	87.27	132.51
Net Cash (Debt)	-95.68	-75.05	-61.77	-56.01	-69.11	-92.77
Net Cash Per Share	-0.39	-0.32	-0.33	-0.32	-0.44	-0.64
Filing Date Shares Outstanding	290.3	241.92	207.36	172.8	172.8	144
Total Common Shares Outstanding	290.3	241.92	207.36	172.8	172.8	144
Working Capital	-152.7	-146.57	-129.93	-135.99	-130.23	-124.33
Book Value Per Share	-0.44	-0.50	-0.49	-0.62	-0.59	-0.40
Tangible Book Value	-127.45	-120.9	-102.38	-107.15	-102.15	-57
Tangible Book Value Per Share	-0.44	-0.50	-0.49	-0.62	-0.59	-0.40
Buildings	-	35.86	35.86	35.86	35.86	35.86
Machinery	-	8.94	59.57	59.57	59.56	60.04
Leasehold Improvements	-	11.1	159.23	159.23	159.23	158.79

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