APT Satellite 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	452.37	465.89	183.27	480.54	701.85	613.04
Short-Term Investments	2,062	1,984	1,968	1,273	665.35	681.42
Trading Asset Securities	-	-	-	-	1.98	2.41
Cash & Short-Term Investments	2,514	2,450	2,152	1,753	1,369	1,297
Cash Growth	17.57%	13.85%	22.74%	28.04%	5.58%	39.58%
Accounts Receivable	272.38	147.46	125.56	100.43	139.54	156.21
Other Receivables	17.16	25.55	6.6	3.62	7.39	5.58
Receivables	289.54	173.01	132.16	104.05	146.93	161.79
Prepaid Expenses	15.5	11.04	5.31	7.33	12.44	5.93
Other Current Assets	0.37	0.37	-	-	-	0.37
Total Current Assets	2,820	2,634	2,289	1,864	1,529	1,465
Property, Plant & Equipment	3,324	3,635	4,033	4,330	4,718	5,007
Long-Term Investments	552.72	551.84	618.22	693.08	809.08	415.82
Other Intangible Assets	256.44	133.97	133.97	133.97	133.97	133.97
Long-Term Deferred Tax Assets	0.77	0.14	0.03	0.04	0.04	0.04
Other Long-Term Assets	11.05	11.56	11.4	104.88	106.2	174.6
Total Assets	6,965	6,966	7,085	7,127	7,295	7,196
Accounts Payable	-	3.84	5.25	6.84	10.4	3.01
Accrued Expenses	-	58.83	69.82	82.44	90.36	77.8
Current Portion of Leases	24.48	31.43	33.45	30.98	41.57	34.73
Current Income Taxes Payable	56.47	43.48	61.17	14.75	35.24	124.28
Current Unearned Revenue	52.96	60.12	51.86	47.8	46.76	41.63
Other Current Liabilities	87.87	16.94	12.02	9.05	5.6	2.5
Total Current Liabilities	221.78	214.62	233.56	191.84	229.93	283.94
Long-Term Leases	69.56	79.89	113.5	135.81	141.35	159.79
Long-Term Unearned Revenue	48.7	60.43	73.56	96.07	104.86	99.51
Pension & Post-Retirement Benefits	0.03	0.03	-	-	-	-
Long-Term Deferred Tax Liabilities	480.04	495.48	546.61	594.04	638.99	666.61
Other Long-Term Liabilities	25.36	26.98	37.3	42.09	46.12	45.55
Total Liabilities	845.47	877.44	1,005	1,060	1,161	1,255
Common Stock	92.86	92.86	92.86	92.86	92.86	92.86
Additional Paid-In Capital	1,742	1,742	1,742	1,742	1,742	1,742
Retained Earnings	4,205	4,188	4,159	4,126	4,131	4,081
Comprehensive Income & Other	79.1	65.44	87.23	106.5	168.61	24.82
Total Common Equity	6,119	6,088	6,081	6,067	6,134	5,941
Minority Interest	0.74	0.77	-	-	-	-
Shareholders' Equity	6,119	6,089	6,081	6,067	6,134	5,941
Total Liabilities & Equity	6,965	6,966	7,085	7,127	7,295	7,196
Total Debt	94.04	111.32	146.94	166.79	182.91	194.51
Net Cash (Debt)	2,420	2,338	2,005	1,586	1,186	1,102
Net Cash Growth	20.75%	16.64%	26.38%	33.72%	7.61%	47.89%
Net Cash Per Share	2.61	2.52	2.16	1.71	1.28	1.19
Filing Date Shares Outstanding	928.57	928.57	928.57	928.57	928.57	928.57
Total Common Shares Outstanding	928.57	928.57	928.57	928.57	928.57	928.57
Working Capital	2,598	2,419	2,056	1,673	1,299	1,181
Book Value Per Share	6.59	6.56	6.55	6.53	6.61	6.40
Tangible Book Value	5,862	5,954	5,947	5,933	6,000	5,807
Tangible Book Value Per Share	6.31	6.41	6.40	6.39	6.46	6.25
Land	-	-	-	117.11	117.11	117.11
Buildings	-	150.28	117.11	-	-	-
Machinery	-	6,642	6,570	6,570	6,571	6,456
Construction In Progress	-	58.75	20.73	6.42	0.82	3.28
Leasehold Improvements	-	78.11	77.68	77.72	77.82	77.44

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