Scorching Dragon Holdings 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	3.74	6.89	1.01	4.88	6.33
Short-Term Investments	-	15.79	9.03	11.95	11.83
Cash & Short-Term Investments	3.74	22.68	10.05	16.83	18.16
Cash Growth	-83.53%	125.73%	-40.32%	-7.32%	-54.29%
Accounts Receivable	-	0.22	0.77	0.6	3.74
Other Receivables	0.01	0.28	0.01	0.34	0.55
Receivables	0.01	0.5	0.77	0.94	4.29
Inventory	1.34	2.22	3.66	3.57	5.78
Prepaid Expenses	0.67	0.05	0.28	0.3	0.57
Other Current Assets	-	-	-	-	2.06
Total Current Assets	5.76	25.44	14.75	21.65	30.86
Property, Plant & Equipment	24.7	25.5	26.3	27.1	27.89
Long-Term Deferred Tax Assets	0.07	0.12	3.5	3.23	3.36
Other Long-Term Assets	-	0.05	0.24	3.4	2.97
Total Assets	30.53	51.12	44.79	55.38	65.09
Accounts Payable	28	36.11	36.32	36.82	40.53
Accrued Expenses	-	5.98	6.58	7.94	-
Short-Term Debt	86.9	97.28	65.54	60.77	60.64
Current Portion of Leases	0.35	0.44	3.8	8.23	21.1
Current Income Taxes Payable	0.4	0.4	0.49	0.44	0.31
Current Unearned Revenue	-	0.65	0.71	0.74	1.33
Other Current Liabilities	45.44	31.14	31.25	42.7	37.16
Total Current Liabilities	161.09	172.01	144.69	157.64	161.09
Long-Term Debt	-	-	2	-	-
Long-Term Leases	0.18	-	0.48	3.84	5.53
Other Long-Term Liabilities	-	-	-	1.05	0.62
Total Liabilities	161.27	172.01	147.16	162.53	167.24
Common Stock	29.03	24.19	20.74	17.28	17.28
Additional Paid-In Capital	-	95.98	90.91	90.91	90.91
Retained Earnings	-	-240.4	-213.36	-214.69	-209.4
Comprehensive Income & Other	-159.77	-0.66	-0.66	-0.65	-0.95
Total Common Equity	-130.74	-120.9	-102.38	-107.15	-102.15
Shareholders' Equity	-130.74	-120.9	-102.38	-107.15	-102.15
Total Liabilities & Equity	30.53	51.12	44.79	55.38	65.09
Total Debt	87.43	97.73	71.81	72.84	87.27
Net Cash (Debt)	-83.69	-75.05	-61.77	-56.01	-69.11
Net Cash Per Share	-0.31	-0.32	-0.33	-0.32	-0.44
Filing Date Shares Outstanding	290.98	241.92	207.36	172.8	172.8
Total Common Shares Outstanding	290.98	241.92	207.36	172.8	172.8
Working Capital	-155.33	-146.57	-129.93	-135.99	-130.23
Book Value Per Share	-0.45	-0.50	-0.49	-0.62	-0.59
Tangible Book Value	-130.74	-120.9	-102.38	-107.15	-102.15
Tangible Book Value Per Share	-0.45	-0.50	-0.49	-0.62	-0.59
Buildings	-	35.86	35.86	35.86	35.86
Machinery	-	8.94	59.57	59.57	59.56
Leasehold Improvements	-	11.1	159.23	159.23	159.23

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