Tian An Medicare 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	813.07	885.43	890.27	589.05	576.49	616.47
Short-Term Investments	1.4	0.76	0.26	0.32	5.1	5.09
Cash & Short-Term Investments	814.47	886.19	890.53	589.37	581.59	621.57
Cash Growth	-1.99%	-0.49%	51.10%	1.34%	-6.43%	-4.13%
Accounts Receivable	120.89	142.92	82.61	72.14	148.4	127.52
Receivables	120.89	142.92	82.61	72.14	148.4	127.52
Inventory	271.81	288.29	307.19	312.61	147.37	169.76
Finance Div. Loans and Leases	-	0.88	0.88	-	-	-
Prepaid Expenses	20.91	28.03	39.82	22.2	29.27	21.04
Other Current Assets	15.2	12.91	39.74	37.12	75.46	54.9
Total Current Assets	1,243	1,359	1,361	1,033	982.1	994.79
Property, Plant & Equipment	1,676	1,628	1,604	1,611	1,694	1,535
Long-Term Investments	2.15	2.15	2.15	0.8	0.8	0.8
Goodwill	-	-	-	-	-	32.93
Other Long-Term Assets	517.82	549.28	569.32	587.2	812.53	792.57
Total Assets	3,439	3,539	3,536	3,233	3,490	3,425
Accounts Payable	120.26	183.44	227.52	159.99	230.49	148.64
Accrued Expenses	-	0.38	-	-	-	-
Current Portion of Long-Term Debt	418.33	390.82	312.56	544.82	603.53	538.85
Current Portion of Leases	1.19	1.54	3.39	5.98	2.78	2.53
Current Income Taxes Payable	115.32	113.33	120.61	111.54	120.6	114.33
Current Unearned Revenue	50.47	70.1	54.07	42.5	42.69	40.62
Other Current Liabilities	315.9	406.09	426.72	265.9	338.38	282.76
Total Current Liabilities	1,021	1,166	1,145	1,131	1,338	1,128
Long-Term Debt	448.48	442.57	447.49	388.79	316.41	432.53
Long-Term Leases	0.2	1.28	35.19	39.44	49.24	-
Long-Term Unearned Revenue	5.12	5.87	8.1	10.28	14.38	18.48
Long-Term Deferred Tax Liabilities	28.95	28.64	28.95	71.77	53.79	45.8
Other Long-Term Liabilities	37.24	-	-	12.69	-	-
Total Liabilities	1,541	1,644	1,665	1,654	1,772	1,625
Common Stock	10.83	10.86	10.86	7.24	7.24	7.24
Additional Paid-In Capital	637.37	659.04	2,927	2,621	2,621	2,621
Retained Earnings	1,956	1,945	-341.46	-441.26	-317.69	-180.39
Treasury Stock	-0.02	-0.87	-	-	-	-
Comprehensive Income & Other	-786.24	-794.56	-788.2	-632.41	-610.33	-663.15
Total Common Equity	1,818	1,819	1,808	1,555	1,701	1,785
Minority Interest	79.45	75.86	63.39	23.92	16.66	15.56
Shareholders' Equity	1,898	1,895	1,872	1,579	1,717	1,801
Total Liabilities & Equity	3,439	3,539	3,536	3,233	3,490	3,425
Total Debt	868.2	836.21	798.63	979.02	971.96	973.91
Net Cash (Debt)	-53.72	49.98	91.9	-389.66	-390.37	-352.35
Net Cash Growth	-	-45.61%	-	-	-	-
Net Cash Per Share	-0.05	0.05	0.10	-0.54	-0.54	-0.49
Filing Date Shares Outstanding	1,084	1,085	1,086	724	724	724
Total Common Shares Outstanding	1,084	1,085	1,086	724	724	724
Working Capital	221.81	193.51	215.9	-97.29	-356.38	-132.93
Book Value Per Share	1.68	1.68	1.67	2.15	2.35	2.47
Tangible Book Value	1,818	1,819	1,808	1,555	1,701	1,752
Tangible Book Value Per Share	1.68	1.68	1.67	2.15	2.35	2.42
Land	-	3.91	3.91	21.21	22.18	20.91
Buildings	-	1,572	1,559	1,064	1,171	948.08
Machinery	-	583.89	575.47	519.88	495.41	409.5
Construction In Progress	-	285.44	163.62	118.71	114.13	285.14
Leasehold Improvements	-	23.29	39.24	16.86	0.45	0.45

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