MasterBeef 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	169.86	117.34	146.21	196.3
Short-Term Investments	11.92	12.56	12.09	7.67
Cash & Short-Term Investments	181.78	129.9	158.31	203.97
Cash Growth	32.05%	-17.94%	-22.39%	-
Accounts Receivable	5.33	3.32	9.03	4.09
Other Receivables	13.82	17.39	0.12	0.13
Receivables	19.15	20.71	9.14	4.22
Inventory	16.92	20.35	25.79	31.23
Prepaid Expenses	4.21	5.43	3.44	5.09
Other Current Assets	-	-	31.48	-
Total Current Assets	222.06	176.39	228.15	244.52
Property, Plant & Equipment	84.93	112.06	149.87	191.44
Long-Term Deferred Tax Assets	10.58	8.97	4.16	5.42
Other Long-Term Assets	11.55	10.9	10.89	14.49
Total Assets	329.12	308.32	393.08	455.86
Accounts Payable	13.86	16.66	16.2	17.78
Accrued Expenses	15.48	19.34	17.91	17.38
Short-Term Debt	66.21	85.86	92.92	105.23
Current Portion of Leases	32.67	38.15	37.98	43.46
Current Income Taxes Payable	2.9	1.71	4.3	5.5
Other Current Liabilities	8.13	51	145.8	115.73
Total Current Liabilities	139.25	212.72	315.12	305.08
Long-Term Debt	86.83	28	38.71	48.84
Long-Term Leases	31.87	36.27	39	64.64
Other Long-Term Liabilities	3.03	2.78	4.64	4.1
Total Liabilities	260.97	279.77	397.47	422.66
Common Stock	0.07	0.06	0	0
Retained Earnings	-3.35	28.52	-4.38	33.06
Comprehensive Income & Other	0.05	-0.03	-0	0.14
Shareholders' Equity	68.14	28.54	-4.39	33.2
Total Liabilities & Equity	329.12	308.32	393.08	455.86
Total Debt	217.57	188.28	208.61	262.17
Net Cash (Debt)	-35.79	-58.38	-50.31	-58.21
Net Cash Per Share	-2.02	-4.55	-	-
Filing Date Shares Outstanding	17.16	17	-	-
Total Common Shares Outstanding	17.16	15	-	-
Working Capital	82.81	-36.33	-86.96	-60.56
Book Value Per Share	3.97	1.90	-	-
Tangible Book Value	68.14	28.54	-4.39	33.2
Tangible Book Value Per Share	3.97	1.90	-	-
Machinery	26.34	26.05	25.61	29.48
Leasehold Improvements	127.41	129.92	131.95	118.49

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

SEC Filings: 10-K · 10-Q