SEM Holdings Balance Sheet

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	32.63	62.59	56.13	35.89	19.75	39.1
Short-Term Investments	0.3	1.16	17.21	21.4	22.1	29.21
Cash & Short-Term Investments	32.94	63.74	73.33	57.29	41.84	68.32
Cash Growth	-70.74%	-13.08%	28.02%	36.91%	-38.75%	-38.81%
Accounts Receivable	160.03	133.98	154.66	153.09	170.88	155.91
Other Receivables	-	-	-	-	-	1.3
Receivables	160.03	133.98	154.66	153.09	170.88	157.21
Other Current Assets	1.33	1.33	-	18.13	19.58	1.45
Total Current Assets	218.98	199.06	227.99	228.51	232.29	226.98
Property, Plant & Equipment	19.68	18.31	29.6	31.36	36.04	38.12
Long-Term Deferred Tax Assets	-	-	-	-	-	0.25
Other Long-Term Assets	6.31	9	0.01	0.05	0.12	0.12
Total Assets	244.97	226.36	257.6	259.91	268.46	265.46
Accounts Payable	28.61	7.3	6.76	8.24	13.52	19.94
Accrued Expenses	1.13	0.11	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	0.68	0.71	0.43	0.6	0.37	0.87
Current Income Taxes Payable	-	-	-	2.7	2.88	3.29
Current Unearned Revenue	5.39	5.24	8.2	0.53	0.14	0.75
Other Current Liabilities	20.91	19.06	19.35	17.64	10.52	5.62
Total Current Liabilities	56.71	32.42	39.73	45.13	44.58	34.23
Long-Term Debt	36.25	-	4.57	5.36	6.1	6.82
Long-Term Leases	3.56	0.31	0.31	0.21	0.57	0.23
Long-Term Deferred Tax Liabilities	0.35	0.33	0.04	0.07	0.1	-
Other Long-Term Liabilities	0.01	0.01	0.01	0.01	-	-
Total Liabilities	96.88	33.07	44.66	50.77	51.34	41.28
Common Stock	20	20	20	20	20	20.03
Additional Paid-In Capital	-	81.93	81.93	81.93	81.93	82.05
Retained Earnings	-	91.37	111.02	107.21	115.18	122.1
Shareholders' Equity	148.08	193.29	212.94	209.14	217.11	224.18
Total Liabilities & Equity	244.97	226.36	257.6	259.91	268.46	265.46
Total Debt	40.49	1.02	6.09	6.91	7.75	8.64
Net Cash (Debt)	-7.55	62.72	67.24	50.38	34.09	59.68
Net Cash Growth	-	-6.72%	33.48%	47.77%	-42.87%	-46.15%
Net Cash Per Share	-0.00	0.03	0.03	0.03	0.02	0.03
Filing Date Shares Outstanding	2,000	2,000	2,000	2,000	2,000	2,000
Total Common Shares Outstanding	2,000	2,000	2,000	2,000	2,000	2,000
Working Capital	162.27	166.64	188.27	183.38	187.72	192.75
Book Value Per Share	0.07	0.10	0.11	0.10	0.11	0.11
Tangible Book Value	148.08	193.29	212.94	209.14	217.11	224.18
Tangible Book Value Per Share	0.07	0.10	0.11	0.10	0.11	0.11
Machinery	-	3.66	2.91	2.91	2.61	2.66
Leasehold Improvements	-	5.35	5.35	5.16	5.16	5.08