Alset International Balance Sheet

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21.57	26.19	28.86	13.26	49.12
Trading Asset Securities	-	12.04	7.22	15.39	35.93
Cash & Short-Term Investments	21.57	38.23	36.08	28.66	85.05
Cash Growth	-43.58%	5.96%	25.88%	-66.30%	3.30%
Accounts Receivable	9.92	17.48	14.01	0.06	0.05
Other Receivables	-	-	-	6.83	4.98
Receivables	9.92	17.48	14.01	6.89	5.34
Inventory	0	-	23	40.62	26.61
Prepaid Expenses	0.13	0.09	0.1	0.15	0.74
Other Current Assets	21.42	0.15	0.14	38.29	7.79
Total Current Assets	53.04	55.94	73.32	114.61	125.54
Property, Plant & Equipment	1.83	2	2.71	2.76	1.62
Long-Term Investments	4.59	9.92	3.3	2.44	0.32
Other Long-Term Assets	17.74	24.53	17.37	-	37.9
Total Assets	77.2	93.79	96.7	119.81	165.38
Accounts Payable	12.2	0.12	1.87	1.47	3.58
Accrued Expenses	-	0.88	0.43	0.41	4.27
Current Portion of Long-Term Debt	-	-	-	-	0.24
Current Portion of Leases	0.42	0.47	0.6	0.83	0.72
Current Income Taxes Payable	0.31	-	0.01	-	-
Current Unearned Revenue	-	-	-	0	0.65
Other Current Liabilities	0.18	9.36	8.68	27.59	23.68
Total Current Liabilities	13.1	10.82	11.59	30.3	33.14
Long-Term Debt	-	-	-	-	0.09
Long-Term Leases	0.27	0.27	0.54	0.46	0.1
Total Liabilities	13.37	11.1	12.13	30.75	33.33
Common Stock	213.47	213.47	213.47	213.47	213.47
Retained Earnings	-171.04	-152.63	-135.42	-131.03	-84.24
Comprehensive Income & Other	22.05	22.62	7.21	7.3	3.49
Total Common Equity	64.48	83.46	85.26	89.74	132.72
Minority Interest	-0.65	-0.77	-0.69	-0.69	-0.67
Shareholders' Equity	63.83	82.69	84.57	89.06	132.05
Total Liabilities & Equity	77.2	93.79	96.7	119.81	165.38
Total Debt	0.69	0.74	1.14	1.28	1.15
Net Cash (Debt)	20.88	37.49	34.93	27.38	83.89
Net Cash Growth	-44.31%	7.32%	27.61%	-67.37%	3.60%
Net Cash Per Share	0.01	0.01	0.01	0.01	0.03
Filing Date Shares Outstanding	3,453	3,493	3,493	3,493	3,493
Total Common Shares Outstanding	3,453	3,493	3,493	3,493	3,493
Working Capital	39.94	45.12	61.73	84.31	92.4
Book Value Per Share	0.02	0.02	0.02	0.03	0.04
Tangible Book Value	64.48	83.46	85.26	89.74	132.72
Tangible Book Value Per Share	0.02	0.02	0.02	0.03	0.04
Buildings	-	0.9	0.87	0.57	0.57
Machinery	-	0.69	0.96	0.96	0.37

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.