Combine Will International Holdings Limited (SGX:N0Z)

SGX:N0Z Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	60.11	96.91	102.6	126.39	132.06	103.48
Trading Asset Securities	-	54.87	99.46	122.32	120.93	92.05
Cash & Short-Term Investments	60.11	151.77	202.06	248.71	252.99	195.54
Cash Growth	-70.43%	-24.89%	-18.76%	-1.69%	29.38%	10.21%
Accounts Receivable	686.6	776.67	515.82	408.47	469.81	512.49
Other Receivables	-	54	39.22	19.86	31.47	49.23
Receivables	686.6	830.67	555.04	428.33	501.28	561.72
Inventory	188.72	147.76	135.77	85.34	90.36	173.89
Prepaid Expenses	176.34	39.05	26.72	20.13	12.02	-
Other Current Assets	-	81.52	82.19	87.03	121.82	130.92
Total Current Assets	1,112	1,251	1,002	869.55	978.47	1,062
Property, Plant & Equipment	618.85	591.58	491.21	524.11	562.1	591.56
Long-Term Investments	0.15	0.15	0.07	0.19	0.08	0.17
Goodwill	1.93	1.93	1.93	1.93	1.93	1.93
Other Long-Term Assets	51.34	77.3	116.54	35.27	-	-
Total Assets	1,784	1,922	1,612	1,431	1,543	1,656

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	188.84	284.47	233.27	183.2	247.22	249.82
Accrued Expenses	132.24	134.12	117.89	85.02	98.52	102.25
Short-Term Debt	348.36	396.51	307.3	225.19	267.31	283.38
Current Portion of Long-Term Debt	258.91	213.73	111.63	62.37	36.63	76.08
Current Portion of Leases	16.46	22.53	22.76	21.31	18.62	20.2
Current Income Taxes Payable	10.07	17.15	12.89	12.02	15.64	13.6
Current Unearned Revenue	-	21.01	20.65	39.41	67.28	66.54
Other Current Liabilities	7.43	27.24	15.77	12.85	3.34	17.59
Total Current Liabilities	962.3	1,117	842.15	641.37	754.55	829.46
Long-Term Debt	-	-	-	9	15	5
Long-Term Leases	7.38	12.13	19.5	34.51	50.23	74.42
Long-Term Deferred Tax Liabilities	-	-	-	-	2.65	2.65
Total Liabilities	969.68	1,129	861.65	684.87	822.43	911.53

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	242.46	242.46	242.46	242.46	242.46	242.46
Additional Paid-In Capital	26.49	26.49	26.49	26.49	26.49	26.49
Retained Earnings	610.37	589.68	562.46	526.14	493.1	459.76
Comprehensive Income & Other	-79.35	-69.22	-84.95	-52.4	-41.89	15.47
Total Common Equity	799.96	789.4	746.45	742.69	720.15	744.17
Minority Interest	14.38	3.42	3.42	3.48	-	-
Shareholders' Equity	814.34	792.83	749.87	746.16	720.15	744.17
Total Liabilities & Equity	1,784	1,922	1,612	1,431	1,543	1,656

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	631.11	644.91	461.19	352.37	387.78	459.08
Net Cash (Debt)	-571	-493.14	-259.13	-103.66	-134.79	-263.54
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.66	-15.25	-8.02	-3.21	-4.17	-8.15
Filing Date Shares Outstanding	32.33	32.33	32.33	32.33	32.33	32.33
Total Common Shares Outstanding	32.33	32.33	32.33	32.33	32.33	32.33
Working Capital	149.46	134	159.63	228.18	223.92	232.6
Book Value Per Share	24.75	24.42	23.09	22.97	22.28	23.02
Tangible Book Value	798.03	787.47	744.52	740.76	718.22	742.25
Tangible Book Value Per Share	24.69	24.36	23.03	22.91	22.22	22.96
Buildings	-	60.79	6.34	7.72	7.72	7.72
Machinery	-	1,136	1,046	1,047	1,009	963.06
Construction In Progress	-	-	9.01	2.59	0.93	3.54

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 17, 2026

Data Sources Report a data error