Boltek 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	40.71	36.54	67.55	79.17	74.29	103.37
Short-Term Investments	-	-	-	56.82	46.75	-
Cash & Short-Term Investments	40.71	36.54	67.55	135.99	121.05	103.37
Cash Growth	-43.10%	-45.90%	-50.33%	12.34%	17.11%	15.96%
Accounts Receivable	109.62	103.53	89.51	66.13	58.22	52.03
Other Receivables	14.36	16.12	13.21	9.68	5.83	4.19
Receivables	123.97	119.65	102.71	75.81	64.05	56.22
Prepaid Expenses	2.62	1.47	1.52	1.58	0.41	0.2
Other Current Assets	0.34	0.35	0.44	0.17	0.13	0.15
Total Current Assets	167.64	158.01	172.22	213.54	185.65	159.94
Property, Plant & Equipment	4.81	7.67	11.54	6.59	8.61	5.73
Long-Term Deferred Tax Assets	2.61	2.7	2.38	-	-	-
Other Long-Term Assets	-	-	-	0.2	-	0.11
Total Assets	175.06	168.39	186.14	220.34	194.25	165.78
Accounts Payable	1.92	5.06	2.92	1.57	1.35	0.44
Accrued Expenses	13.16	18.39	16.39	21.38	13.48	9.31
Current Portion of Leases	2.27	3.35	3.54	2.78	3.48	1.99
Current Income Taxes Payable	2.66	0.33	1.21	-	0.42	0.54
Current Unearned Revenue	0.39	0.23	0.27	0.15	0.13	0.13
Other Current Liabilities	0.41	-	1.48	1.67	1.8	1.87
Total Current Liabilities	20.8	27.35	25.81	27.55	20.66	14.28
Long-Term Leases	0.72	1.56	4.5	1.03	2.04	0.05
Long-Term Deferred Tax Liabilities	-	-	-	0.05	0.16	0.28
Other Long-Term Liabilities	3.93	3.33	2.72	1.85	-	-
Total Liabilities	25.45	32.23	33.04	30.47	22.86	14.62
Common Stock	8	8	8	8	8	8
Additional Paid-In Capital	64.67	64.67	64.67	64.67	64.67	64.67
Retained Earnings	59.94	46.48	63.43	100.2	81.73	61.5
Comprehensive Income & Other	17	17	17	17	17	17
Shareholders' Equity	149.61	136.15	153.1	189.87	171.4	151.16
Total Liabilities & Equity	175.06	168.39	186.14	220.34	194.25	165.78
Total Debt	2.99	4.91	8.05	3.81	5.51	2.05
Net Cash (Debt)	37.72	31.63	59.5	132.18	115.53	101.32
Net Cash Growth	-41.96%	-46.84%	-54.99%	14.41%	14.03%	19.62%
Net Cash Per Share	0.05	0.04	0.07	0.17	0.14	0.13
Filing Date Shares Outstanding	800	800	800	800	800	800
Total Common Shares Outstanding	800	800	800	800	800	800
Working Capital	146.84	130.66	146.4	186	164.99	145.66
Book Value Per Share	0.19	0.17	0.19	0.24	0.21	0.19
Tangible Book Value	149.61	136.15	153.1	189.87	171.4	151.16
Tangible Book Value Per Share	0.19	0.17	0.19	0.24	0.21	0.19
Machinery	-	13.81	12.86	10.38	9.03	8.22
Leasehold Improvements	-	0.43	0.34	0.34	0.34	0.34

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