PMAX — Powell Max Balance Sheet

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IndustrialsHighly SpeculativeMicro CapValue Trap

Annual balance sheet for Powell Max, fiscal year end - December 31st, HKD millions except per share, conversion factor applied.

	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	—	—	—	—
Source:	PROSPECTUS	PROSPECTUS	20-F	20-F
Standards:	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final
Cash
Cash and Short Term Investments	1.4	3.66	42.2	6.86
Net Total Accounts Receivable
Net Total Receivables	6.52	11	8.01	10.6
Prepaid Expenses
Total Other Current Assets
Total Current Assets	9.28	17.2	58.3	27.9
Gross Property, Plant And Equipment
Accumulated Depreciation
Net Property, Plant And Equipment	10.5	5.82	4.25	6.1
Net Goodwill
Total Assets	19.8	23	62.6	42.4
Accounts Payable
Accrued Expenses
Notes Payable / Short Term Debt
Current Portion of Long Term Debt / Capital Leases
Total Other Current Liabilities
Total Current Liabilities	37.5	37	40.1	15.5
Capital Lease Obligations
Total Long Term Debt
Total Debt
Total Other Liabilities
Total Liabilities	42.2	38.3	41.3	17.5
Common Stock
Retained Earnings (Accumulated Deficit)
Other Equity
Total Equity	-22.3	-15.3	21.3	24.9
Total Liabilities & Shareholders' Equity	19.8	23	62.6	42.4
Total Common Shares Outstanding