Top Standard 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	0.92	2.59	2.42	1.18	2.98	9.02
Cash & Short-Term Investments	1.85	2.59	2.42	1.18	2.98	9.02
Cash Growth	44.59%	7.00%	104.92%	-60.48%	-66.94%	660.24%
Accounts Receivable	1.9	0.64	0.19	0.22	0.03	0.1
Other Receivables	0.08	0.08	0.03	0.09	-	1.1
Receivables	1.99	0.72	0.22	0.31	0.03	1.2
Inventory	0.71	0.8	0.4	0.58	0.25	0.1
Prepaid Expenses	-	0.28	0.31	0.42	0.19	-
Restricted Cash	-	-	-	-	11.81	-
Other Current Assets	-	0.2	0.31	0.52	0.3	-
Total Current Assets	4.54	4.6	3.66	3.01	15.56	10.32
Property, Plant & Equipment	0.62	0.68	9.74	5.72	-	-
Long-Term Investments	0.1	0.18	0.25	-	-	-
Goodwill	-	-	-	0.11	0.11	-
Long-Term Deferred Tax Assets	-	-	0.32	-	-	-
Other Long-Term Assets	0.72	0.96	1.5	1.28	1.04	2.39
Total Assets	5.98	6.41	15.47	10.11	16.71	12.71
Accounts Payable	4.77	3.91	2.42	2.15	1.54	2.33
Accrued Expenses	-	6.24	4.55	12.53	10.4	10.16
Short-Term Debt	0.2	3.63	2.72	0.34	0.05	0.01
Current Portion of Long-Term Debt	0.87	1.72	1.6	-	-	-
Current Portion of Leases	1.67	1.51	2.43	3	1.91	10.87
Other Current Liabilities	12.97	6.05	4.3	3.53	5.05	1.29
Total Current Liabilities	20.48	23.07	18	21.55	18.95	24.66
Long-Term Debt	3.06	-	1.68	-	-	-
Long-Term Leases	2.96	3.5	3.72	4.11	4.59	4.01
Long-Term Deferred Tax Liabilities	0.32	0.32	0.32	-	-	-
Other Long-Term Liabilities	0.02	0.02	0.02	0.22	0.15	0.5
Total Liabilities	26.83	26.9	23.74	25.89	23.69	29.16
Common Stock	19.91	19.91	16.59	13.82	13.82	11.52
Additional Paid-In Capital	99.38	99.38	99.43	98.69	98.69	88.38
Retained Earnings	-131.83	-131.27	-121.47	-127.48	-119.97	-120.6
Comprehensive Income & Other	0.39	0.46	0.57	0.6	0.57	4.25
Total Common Equity	-12.15	-11.53	-4.88	-14.36	-6.89	-16.45
Minority Interest	-8.7	-8.96	-3.39	-1.41	-0.1	-
Shareholders' Equity	-20.85	-20.49	-8.27	-15.77	-6.98	-16.45
Total Liabilities & Equity	5.98	6.41	15.47	10.11	16.71	12.71
Total Debt	8.75	10.36	12.14	7.46	6.55	14.89
Net Cash (Debt)	-6.91	-7.78	-9.73	-6.28	-3.56	-5.86
Net Cash Per Share	-0.04	-0.05	-0.07	-0.05	-0.03	-0.06
Filing Date Shares Outstanding	199.07	199.07	165.89	138.24	138.24	115.2
Total Common Shares Outstanding	199.07	199.07	165.89	138.24	138.24	115.2
Working Capital	-15.94	-18.47	-14.34	-18.54	-3.4	-14.34
Book Value Per Share	-0.06	-0.06	-0.03	-0.10	-0.05	-0.14
Tangible Book Value	-12.15	-11.53	-4.88	-14.47	-7	-16.45
Tangible Book Value Per Share	-0.06	-0.06	-0.03	-0.10	-0.05	-0.14
Machinery	-	4.96	4.61	2.72	0.17	4.98
Leasehold Improvements	-	5.68	6.83	3.31	-	13.21

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