SEM 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	62.59	56.13	35.89	19.75	39.1
Short-Term Investments	-	17.21	21.4	22.1	29.21
Cash & Short-Term Investments	62.59	73.33	57.29	41.84	68.32
Cash Growth	-14.66%	28.02%	36.91%	-38.75%	-38.81%
Accounts Receivable	135.14	154.66	153.09	170.88	155.91
Other Receivables	-	-	-	-	1.3
Receivables	135.14	154.66	153.09	170.88	157.21
Other Current Assets	1.33	-	18.13	19.58	1.45
Total Current Assets	199.06	227.99	228.51	232.29	226.98
Property, Plant & Equipment	18.31	29.6	31.36	36.04	38.12
Long-Term Deferred Tax Assets	-	-	-	-	0.25
Other Long-Term Assets	9	0.01	0.05	0.12	0.12
Total Assets	226.36	257.6	259.91	268.46	265.46
Accounts Payable	25.96	6.76	8.24	13.52	19.94
Accrued Expenses	0.51	4.21	14.67	16.43	3.04
Current Portion of Long-Term Debt	-	0.78	0.74	0.71	0.72
Current Portion of Leases	0.71	0.43	0.6	0.37	0.87
Current Income Taxes Payable	-	1.47	2.7	2.88	3.29
Current Unearned Revenue	5.24	8.2	0.53	0.14	0.75
Other Current Liabilities	-	17.88	17.64	10.52	5.62
Total Current Liabilities	32.42	39.73	45.13	44.58	34.23
Long-Term Debt	-	4.57	5.36	6.1	6.82
Long-Term Leases	0.31	0.31	0.21	0.57	0.23
Long-Term Deferred Tax Liabilities	0.33	0.04	0.07	0.1	-
Other Long-Term Liabilities	0.01	0.01	0.01	-	-
Total Liabilities	33.07	44.66	50.77	51.34	41.28
Common Stock	20	20	20	20	20.03
Additional Paid-In Capital	-	81.93	81.93	81.93	82.05
Retained Earnings	-	111.02	107.21	115.18	122.1
Comprehensive Income & Other	173.29	-	-	-	-
Shareholders' Equity	193.29	212.94	209.14	217.11	224.18
Total Liabilities & Equity	226.36	257.6	259.91	268.46	265.46
Total Debt	1.02	6.09	6.91	7.75	8.64
Net Cash (Debt)	61.56	67.24	50.38	34.09	59.68
Net Cash Growth	-8.44%	33.48%	47.77%	-42.87%	-46.15%
Net Cash Per Share	0.03	0.03	0.03	0.02	0.03
Filing Date Shares Outstanding	2,012	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	2,012	2,000	2,000	2,000	2,000
Working Capital	166.64	188.27	183.38	187.72	192.75
Book Value Per Share	0.10	0.11	0.10	0.11	0.11
Tangible Book Value	193.29	212.94	209.14	217.11	224.18
Tangible Book Value Per Share	0.10	0.11	0.10	0.11	0.11
Machinery	-	2.91	2.91	2.61	2.66
Leasehold Improvements	-	5.35	5.16	5.16	5.08

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