Graphex Group 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	10.64	15.45	27.19	31.47	30.24	37.71
Short-Term Investments	-	9.51	9.69	8.27	9.13	13.1
Trading Asset Securities	0.02	0.02	0.02	0.03	-	-
Cash & Short-Term Investments	10.66	24.98	36.9	39.77	39.37	50.81
Cash Growth	2.39%	-32.32%	-7.21%	1.01%	-22.50%	-36.94%
Accounts Receivable	119.58	199.18	177.9	133.65	167.39	117.36
Other Receivables	-	-	-	0.37	0.1	0.56
Receivables	120.59	204.65	176.42	142.25	176.54	128.67
Inventory	3.41	24.66	24.41	44.91	81.56	74.65
Prepaid Expenses	215.35	7.58	8.77	8.19	7.8	2.16
Other Current Assets	0.61	0.53	-	-	1.22	6.22
Total Current Assets	350.61	262.4	246.5	235.12	306.49	262.51
Property, Plant & Equipment	24.82	25.95	28.68	35.4	74.59	92.51
Long-Term Investments	0.05	0.05	0.84	0.32	1.83	2.09
Goodwill	101.94	101.94	101.94	101.94	101.94	101.94
Other Intangible Assets	392.9	408.41	461	512.09	608.61	639.34
Long-Term Deferred Tax Assets	5.85	5.56	3.24	4.9	3.32	2.48
Other Long-Term Assets	15.13	5.05	5.16	4.9	0.13	3.39
Total Assets	891.29	809.35	847.34	894.68	1,097	1,104
Accounts Payable	31.41	51.46	23.19	13.4	8.88	16.14
Accrued Expenses	-	35.56	27.75	16.11	22.38	13.1
Short-Term Debt	141.87	50.95	59.84	120.46	19.37	22.56
Current Portion of Long-Term Debt	16.3	79.84	80.2	24.58	150.5	149.71
Current Portion of Leases	4.68	4.44	4.68	5.15	7.92	11.18
Current Income Taxes Payable	33.82	33.28	33.08	33.9	39.74	34.36
Current Unearned Revenue	63.08	43.86	38.63	37.41	45.26	46.23
Other Current Liabilities	102.74	67.63	52.8	37.2	79.81	23.67
Total Current Liabilities	393.88	367.01	320.17	288.19	373.87	316.94
Long-Term Debt	45.17	85.66	73.52	139.97	299.88	374.38
Long-Term Leases	14.01	15.09	14.92	18.65	53.23	62.2
Long-Term Deferred Tax Liabilities	58.92	61.23	69.09	78.02	92.41	95.7
Other Long-Term Liabilities	-	-	-	-	86.5	86.5
Total Liabilities	511.98	528.99	477.71	524.83	905.89	935.71
Common Stock	46.95	11.74	8.98	6.84	5.09	4.82
Additional Paid-In Capital	898.46	817.65	782.44	673.3	362.86	342.64
Retained Earnings	-577.6	-552.97	-441.54	-328.37	-258.71	-205.16
Treasury Stock	-	-	-	-	-	-0.1
Comprehensive Income & Other	8.23	0.71	16.57	25.58	88.06	29.31
Total Common Equity	376.03	277.12	366.45	377.35	197.31	171.52
Minority Interest	0.04	0	-0.05	-10.74	-6.29	-2.99
Shareholders' Equity	379.31	280.36	369.64	369.84	191.01	168.53
Total Liabilities & Equity	891.29	809.35	847.34	894.68	1,097	1,104
Total Debt	222.02	235.98	233.17	308.8	530.91	620.03
Net Cash (Debt)	-211.36	-211	-196.26	-269.03	-491.54	-569.22
Net Cash Per Share	-0.91	-1.09	-1.29	-2.35	-5.04	-6.03
Filing Date Shares Outstanding	938.99	234.76	179.59	136.7	101.82	94.48
Total Common Shares Outstanding	938.99	234.76	179.59	136.7	101.82	94.48
Working Capital	-43.27	-104.62	-73.67	-53.08	-67.38	-54.43
Book Value Per Share	0.40	1.18	2.04	2.76	1.94	1.82
Tangible Book Value	-118.8	-233.22	-196.49	-236.68	-513.24	-569.76
Tangible Book Value Per Share	-0.13	-0.99	-1.09	-1.73	-5.04	-6.03
Machinery	-	24.11	25.91	27.61	31.53	32.96
Leasehold Improvements	-	12.46	13.1	12.87	15.95	19.73

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