SMART-CORE (02166) Balance Sheet

2.950
+0.030+1.03%

Market Closed Apr 30 15:56 CST

1.44BMarket Cap8.94P/E (TTM)

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(FY)Dec 31, 2025

(Q6)Jun 30, 2025

(FY)Dec 31, 2024

(Q6)Jun 30, 2024

(FY)Dec 31, 2023

(Q6)Jun 30, 2023

(FY)Dec 31, 2022

(Q6)Jun 30, 2022

(FY)Dec 31, 2021

(Q6)Jun 30, 2021

Assets

Current assets

Inventory

53.77%292.34M

134.34%421.56M

-13.80%190.12M

-50.48%179.89M

-23.52%220.56M

-43.78%363.27M

-52.41%288.39M

-4.49%646.2M

45.58%606.03M

254.90%676.55M

Accounts receivable

78.31%1.17B

29.20%1.11B

0.28%658.35M

-21.90%862.97M

-45.85%656.54M

-43.29%1.1B

-38.90%1.21B

5.54%1.95B

80.04%1.98B

169.47%1.85B

Related party payments receivable

----

33,027.12%39.09M

----

--118K

----

Advance deposits and other receivables

-38.35%35.92M

-51.95%36.9M

-32.66%58.27M

-33.87%76.79M

-32.98%86.53M

3.06%116.12M

51.98%129.11M

40.81%112.68M

15.01%84.95M

-11.13%80.02M

Withholding and tax receivable

----

--2.32M

----

Cash and equivalents

-35.70%153.96M

-16.99%160.2M

42.70%239.46M

-54.64%192.98M

-66.06%167.81M

-17.17%425.46M

69.94%494.41M

198.06%513.68M

21.95%290.93M

-24.54%172.34M

Secured deposit

-5.29%182.68M

-30.88%167.88M

-15.21%192.88M

-50.80%242.87M

-50.26%227.47M

16.20%493.61M

8.66%457.29M

44.54%424.8M

136.17%420.83M

122.69%293.9M

Special items of current assets

----

--21.47M

----

Total current assets

37.32%1.84B

20.58%1.9B

-4.37%1.34B

-37.01%1.58B

-45.76%1.4B

-31.33%2.5B

-23.78%2.58B

18.79%3.65B

68.59%3.39B

131.27%3.07B

Non-current assets

Property, plant and equipment

-24.72%4.58M

-20.80%5.38M

-16.55%6.08M

-58.27%6.79M

-51.79%7.29M

41.97%16.28M

79.80%15.12M

142.72%11.47M

95.63%8.41M

11.13%4.72M

Advance payment

114.81%4.35M

-10.39%2.04M

-12.53%2.03M

0.48%2.28M

-2.57%2.32M

-7.91%2.27M

-6.57%2.38M

-33.05%2.47M

-30.02%2.54M

-35.08%3.68M

Associated company interest

24.69%150.89M

9.93%129.44M

6.26%121.01M

334.21%117.75M

271.33%113.88M

-4.62%27.12M

-7.88%30.67M

29.09%28.43M

--33.29M

--22.02M

Stock investment

1.78%5.96M

1.93%5.96M

-2.71%5.86M

-1.52%5.85M

1.47%6.02M

12.01%5.94M

9.18%5.93M

--5.3M

--5.43M

----

Financial assets at fair value-non-current assets

2.73%148.14M

9.97%146.02M

9.72%144.21M

-21.35%132.77M

-16.57%131.44M

15.08%168.81M

3.55%157.55M

-0.89%146.68M

16.91%152.15M

15.69%147.99M

Intangible assets

134.26%11.1M

-14.46%4.73M

-25.00%4.74M

-30.06%5.53M

-36.12%6.32M

147.82%7.9M

125.55%9.89M

-42.86%3.19M

-35.30%4.38M

-30.00%5.58M

Goodwill

0.00%20.16M

-32.57%20.16M

207.08%29.89M

0.00%9.74M

Deferred tax assets

74.77%2.28M

1.74%1.7M

-57.01%1.3M

-68.31%1.67M

-48.44%3.03M

-2.86%5.26M

-34.72%5.88M

-34.39%5.42M

57.98%9.01M

217.81%8.26M

Total non-current assets

19.86%425.3M

5.16%362.53M

4.37%354.84M

7.77%344.74M

21.84%339.97M

36.24%319.87M

10.88%279.03M

3.35%234.78M

34.94%251.65M

29.05%227.16M

Total assets

33.66%2.26B

17.81%2.26B

-2.67%1.69B

-31.93%1.92B

-39.17%1.74B

-27.25%2.82B

-21.38%2.86B

17.73%3.88B

65.73%3.64B

119.30%3.3B

Liabilities

Current liabilities

Accounts payable

44.55%494.19M

47.85%580.25M

28.74%341.87M

-23.16%392.46M

-24.27%265.56M

-18.59%510.73M

-34.59%350.67M

-22.83%627.33M

-9.25%536.1M

106.04%812.96M

Tax payable

102.12%22.08M

1,071.77%15.53M

--10.93M

31.71%1.33M

----

-99.16%1.01M

-73.22%21.92M

170.60%120.2M

591.77%81.83M

--44.42M

Amounts payable to associated parties-current liabilities

-6.55%4.92M

-71.54%3.25M

-93.54%5.27M

401.45%11.42M

146.73%81.55M

-91.18%2.28M

657.58%33.05M

21.27%25.84M

--4.36M

2,218.39%21.31M

Other payables and accrued expenses

102.86%84.73M

7.64%67.77M

-34.09%41.77M

-34.71%62.96M

-62.08%63.37M

-59.59%96.43M

-38.77%167.13M

70.87%238.61M

201.96%272.95M

127.48%139.65M

Bank loans and overdrafts

74.50%529.87M

17.88%605.3M

-22.96%303.66M

-48.30%513.51M

-61.57%394.14M

-35.71%993.24M

-37.03%1.03B

15.59%1.55B

123.99%1.63B

279.76%1.34B

Financial lease liabilities-current liabilities

47.46%10.06M

-21.50%5.92M

0.07%6.82M

-37.84%7.54M

-51.65%6.82M

-11.34%12.14M

2.88%14.1M

35.90%13.69M

41.23%13.71M

27.83%10.07M

Total current liabilities

60.88%1.17B

29.09%1.29B

-12.22%728.94M

-39.51%1B

-49.55%830.42M

-36.47%1.66B

-35.99%1.65B

7.19%2.61B

73.58%2.57B

191.57%2.43B

Net current assets

9.18%666.12M

5.76%608.5M

7.06%610.13M

-32.11%575.35M

-39.10%569.91M

-18.46%847.46M

14.69%935.86M

63.03%1.04B

54.59%815.96M

29.29%637.52M

Total assets less current liabilities

13.10%1.09B

5.54%971.03M

6.06%964.98M

-21.18%920.08M

-25.11%909.88M

-8.38%1.17B

13.80%1.21B

47.35%1.27B

49.46%1.07B

29.23%864.69M

Non-current liabilities

Long-term bank loan

-44.82%1.4M

-35.89%1.97M

-29.62%2.53M

-57.61%3.08M

-23.62%3.6M

-4.77%7.26M

-50.80%4.71M

-32.99%7.63M

--9.57M

--11.38M

Financial lease liabilities-non-current liabilities

912.78%27.03M

-87.43%546K

42.57%2.67M

-0.18%4.34M

-79.05%1.87M

-56.20%4.35M

-38.11%8.94M

-39.28%9.94M

-19.06%14.44M

51.80%16.36M

Deferred tax liability

----

-74.90%132K

-54.56%329K

-43.01%526K

-35.30%724K

-29.86%923K

Total non-current liabilities

446.78%28.43M

-66.05%2.52M

-4.90%5.2M

-36.81%7.42M

-60.87%5.47M

-35.06%11.75M

-43.50%13.97M

-36.90%18.09M

30.44%24.73M

137.02%28.67M

Total liabilities

63.61%1.2B

28.39%1.3B

-12.17%734.14M

-39.50%1.01B

-49.64%835.88M

-36.46%1.67B

-36.06%1.66B

6.68%2.62B

73.04%2.6B

190.79%2.46B

Total assets less total liabilities

10.75%1.06B

6.12%968.51M

6.12%959.78M

-21.02%912.66M

-24.69%904.41M

-8.00%1.16B

15.16%1.2B

50.24%1.26B

49.98%1.04B

27.25%836.02M

Total equity and non-current liabilities

13.10%1.09B

5.54%971.03M

6.06%964.98M

-21.18%920.08M

-25.11%909.88M

-8.38%1.17B

13.80%1.21B

47.35%1.27B

49.46%1.07B

29.23%864.69M

Equity

Share capital

0.00%38K

Reserve

10.60%1.06B

6.08%967.89M

6.03%959.29M

8.19%912.43M

3.59%904.7M

-5.91%843.32M

8.36%873.33M

27.26%896.29M

27.80%805.95M

17.78%704.28M

Shareholders' Equity

10.60%1.06B

6.08%967.93M

6.03%959.33M

8.19%912.46M

3.59%904.74M

-5.91%843.36M

8.36%873.37M

27.26%896.33M

27.80%805.99M

17.78%704.32M

Non-controlling interest

335.14%1.93M

194.44%583K

236.62%444K

-99.94%198K

-100.10%-325K

-13.20%312.22M

38.28%327.56M

173.12%359.7M

266.33%236.89M

123.11%131.7M

Total equity

10.75%1.06B

6.12%968.51M

6.12%959.78M

-21.02%912.66M

-24.69%904.41M

-8.00%1.16B

15.16%1.2B

50.24%1.26B

49.98%1.04B

27.25%836.02M

Total equity and total liabilities

33.66%2.26B

17.81%2.26B

-2.67%1.69B

-31.93%1.92B

-39.17%1.74B

-27.25%2.82B

-21.38%2.86B

17.73%3.88B

65.73%3.64B

119.30%3.3B

Currency Unit

HKD

Accounting Standards

HKAS

Audit Opinions

Unqualified Opinion

Auditor

Luo Shenmei Accounting Firm

Deloitte Touche Tohmatsu会计师事务所

	(FY)Dec 31, 2025	(Q6)Jun 30, 2025	(FY)Dec 31, 2024	(Q6)Jun 30, 2024	(FY)Dec 31, 2023	(Q6)Jun 30, 2023	(FY)Dec 31, 2022	(Q6)Jun 30, 2022	(FY)Dec 31, 2021	(Q6)Jun 30, 2021
Assets
Current assets
Inventory	53.77%292.34M	134.34%421.56M	-13.80%190.12M	-50.48%179.89M	-23.52%220.56M	-43.78%363.27M	-52.41%288.39M	-4.49%646.2M	45.58%606.03M	254.90%676.55M
Accounts receivable	78.31%1.17B	29.20%1.11B	0.28%658.35M	-21.90%862.97M	-45.85%656.54M	-43.29%1.1B	-38.90%1.21B	5.54%1.95B	80.04%1.98B	169.47%1.85B
Related party payments receivable	----	----	----	----	33,027.12%39.09M	----	--118K	----	----	----
Advance deposits and other receivables	-38.35%35.92M	-51.95%36.9M	-32.66%58.27M	-33.87%76.79M	-32.98%86.53M	3.06%116.12M	51.98%129.11M	40.81%112.68M	15.01%84.95M	-11.13%80.02M
Withholding and tax receivable	----	----	----	----	--2.32M	----	----	----	----	----
Cash and equivalents	-35.70%153.96M	-16.99%160.2M	42.70%239.46M	-54.64%192.98M	-66.06%167.81M	-17.17%425.46M	69.94%494.41M	198.06%513.68M	21.95%290.93M	-24.54%172.34M
Secured deposit	-5.29%182.68M	-30.88%167.88M	-15.21%192.88M	-50.80%242.87M	-50.26%227.47M	16.20%493.61M	8.66%457.29M	44.54%424.8M	136.17%420.83M	122.69%293.9M
Special items of current assets	----	----	----	--21.47M	----	----	----	----	----	----
Total current assets	37.32%1.84B	20.58%1.9B	-4.37%1.34B	-37.01%1.58B	-45.76%1.4B	-31.33%2.5B	-23.78%2.58B	18.79%3.65B	68.59%3.39B	131.27%3.07B
Non-current assets
Property, plant and equipment	-24.72%4.58M	-20.80%5.38M	-16.55%6.08M	-58.27%6.79M	-51.79%7.29M	41.97%16.28M	79.80%15.12M	142.72%11.47M	95.63%8.41M	11.13%4.72M
Advance payment	114.81%4.35M	-10.39%2.04M	-12.53%2.03M	0.48%2.28M	-2.57%2.32M	-7.91%2.27M	-6.57%2.38M	-33.05%2.47M	-30.02%2.54M	-35.08%3.68M
Associated company interest	24.69%150.89M	9.93%129.44M	6.26%121.01M	334.21%117.75M	271.33%113.88M	-4.62%27.12M	-7.88%30.67M	29.09%28.43M	--33.29M	--22.02M
Stock investment	1.78%5.96M	1.93%5.96M	-2.71%5.86M	-1.52%5.85M	1.47%6.02M	12.01%5.94M	9.18%5.93M	--5.3M	--5.43M	----
Financial assets at fair value-non-current assets	2.73%148.14M	9.97%146.02M	9.72%144.21M	-21.35%132.77M	-16.57%131.44M	15.08%168.81M	3.55%157.55M	-0.89%146.68M	16.91%152.15M	15.69%147.99M
Intangible assets	134.26%11.1M	-14.46%4.73M	-25.00%4.74M	-30.06%5.53M	-36.12%6.32M	147.82%7.9M	125.55%9.89M	-42.86%3.19M	-35.30%4.38M	-30.00%5.58M
Goodwill	0.00%20.16M	0.00%20.16M	0.00%20.16M	-32.57%20.16M	-32.57%20.16M	207.08%29.89M	207.08%29.89M	0.00%9.74M	0.00%9.74M	0.00%9.74M
Deferred tax assets	74.77%2.28M	1.74%1.7M	-57.01%1.3M	-68.31%1.67M	-48.44%3.03M	-2.86%5.26M	-34.72%5.88M	-34.39%5.42M	57.98%9.01M	217.81%8.26M
Total non-current assets	19.86%425.3M	5.16%362.53M	4.37%354.84M	7.77%344.74M	21.84%339.97M	36.24%319.87M	10.88%279.03M	3.35%234.78M	34.94%251.65M	29.05%227.16M
Total assets	33.66%2.26B	17.81%2.26B	-2.67%1.69B	-31.93%1.92B	-39.17%1.74B	-27.25%2.82B	-21.38%2.86B	17.73%3.88B	65.73%3.64B	119.30%3.3B
Liabilities
Current liabilities
Accounts payable	44.55%494.19M	47.85%580.25M	28.74%341.87M	-23.16%392.46M	-24.27%265.56M	-18.59%510.73M	-34.59%350.67M	-22.83%627.33M	-9.25%536.1M	106.04%812.96M
Tax payable	102.12%22.08M	1,071.77%15.53M	--10.93M	31.71%1.33M	----	-99.16%1.01M	-73.22%21.92M	170.60%120.2M	591.77%81.83M	--44.42M
Amounts payable to associated parties-current liabilities	-6.55%4.92M	-71.54%3.25M	-93.54%5.27M	401.45%11.42M	146.73%81.55M	-91.18%2.28M	657.58%33.05M	21.27%25.84M	--4.36M	2,218.39%21.31M
Other payables and accrued expenses	102.86%84.73M	7.64%67.77M	-34.09%41.77M	-34.71%62.96M	-62.08%63.37M	-59.59%96.43M	-38.77%167.13M	70.87%238.61M	201.96%272.95M	127.48%139.65M
Bank loans and overdrafts	74.50%529.87M	17.88%605.3M	-22.96%303.66M	-48.30%513.51M	-61.57%394.14M	-35.71%993.24M	-37.03%1.03B	15.59%1.55B	123.99%1.63B	279.76%1.34B
Financial lease liabilities-current liabilities	47.46%10.06M	-21.50%5.92M	0.07%6.82M	-37.84%7.54M	-51.65%6.82M	-11.34%12.14M	2.88%14.1M	35.90%13.69M	41.23%13.71M	27.83%10.07M
Total current liabilities	60.88%1.17B	29.09%1.29B	-12.22%728.94M	-39.51%1B	-49.55%830.42M	-36.47%1.66B	-35.99%1.65B	7.19%2.61B	73.58%2.57B	191.57%2.43B
Net current assets	9.18%666.12M	5.76%608.5M	7.06%610.13M	-32.11%575.35M	-39.10%569.91M	-18.46%847.46M	14.69%935.86M	63.03%1.04B	54.59%815.96M	29.29%637.52M
Total assets less current liabilities	13.10%1.09B	5.54%971.03M	6.06%964.98M	-21.18%920.08M	-25.11%909.88M	-8.38%1.17B	13.80%1.21B	47.35%1.27B	49.46%1.07B	29.23%864.69M
Non-current liabilities
Long-term bank loan	-44.82%1.4M	-35.89%1.97M	-29.62%2.53M	-57.61%3.08M	-23.62%3.6M	-4.77%7.26M	-50.80%4.71M	-32.99%7.63M	--9.57M	--11.38M
Financial lease liabilities-non-current liabilities	912.78%27.03M	-87.43%546K	42.57%2.67M	-0.18%4.34M	-79.05%1.87M	-56.20%4.35M	-38.11%8.94M	-39.28%9.94M	-19.06%14.44M	51.80%16.36M
Deferred tax liability	----	----	----	----	----	-74.90%132K	-54.56%329K	-43.01%526K	-35.30%724K	-29.86%923K
Total non-current liabilities	446.78%28.43M	-66.05%2.52M	-4.90%5.2M	-36.81%7.42M	-60.87%5.47M	-35.06%11.75M	-43.50%13.97M	-36.90%18.09M	30.44%24.73M	137.02%28.67M
Total liabilities	63.61%1.2B	28.39%1.3B	-12.17%734.14M	-39.50%1.01B	-49.64%835.88M	-36.46%1.67B	-36.06%1.66B	6.68%2.62B	73.04%2.6B	190.79%2.46B
Total assets less total liabilities	10.75%1.06B	6.12%968.51M	6.12%959.78M	-21.02%912.66M	-24.69%904.41M	-8.00%1.16B	15.16%1.2B	50.24%1.26B	49.98%1.04B	27.25%836.02M
Total equity and non-current liabilities	13.10%1.09B	5.54%971.03M	6.06%964.98M	-21.18%920.08M	-25.11%909.88M	-8.38%1.17B	13.80%1.21B	47.35%1.27B	49.46%1.07B	29.23%864.69M
Equity
Share capital	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K	0.00%38K
Reserve	10.60%1.06B	6.08%967.89M	6.03%959.29M	8.19%912.43M	3.59%904.7M	-5.91%843.32M	8.36%873.33M	27.26%896.29M	27.80%805.95M	17.78%704.28M
Shareholders' Equity	10.60%1.06B	6.08%967.93M	6.03%959.33M	8.19%912.46M	3.59%904.74M	-5.91%843.36M	8.36%873.37M	27.26%896.33M	27.80%805.99M	17.78%704.32M
Non-controlling interest	335.14%1.93M	194.44%583K	236.62%444K	-99.94%198K	-100.10%-325K	-13.20%312.22M	38.28%327.56M	173.12%359.7M	266.33%236.89M	123.11%131.7M
Total equity	10.75%1.06B	6.12%968.51M	6.12%959.78M	-21.02%912.66M	-24.69%904.41M	-8.00%1.16B	15.16%1.2B	50.24%1.26B	49.98%1.04B	27.25%836.02M
Total equity and total liabilities	33.66%2.26B	17.81%2.26B	-2.67%1.69B	-31.93%1.92B	-39.17%1.74B	-27.25%2.82B	-21.38%2.86B	17.73%3.88B	65.73%3.64B	119.30%3.3B
Currency Unit	HKD	HKD	HKD	HKD	HKD	HKD	HKD	HKD	HKD	HKD
Accounting Standards	HKAS	HKAS	HKAS	HKAS	HKAS	HKAS	HKAS	HKAS	HKAS	HKAS
Audit Opinions	Unqualified Opinion	--	Unqualified Opinion	--	Unqualified Opinion	--	Unqualified Opinion	--	Unqualified Opinion	--
Auditor	Luo Shenmei Accounting Firm	--	Luo Shenmei Accounting Firm	--	Luo Shenmei Accounting Firm	--	Deloitte Touche Tohmatsu会计师事务所	--	Deloitte Touche Tohmatsu会计师事务所	--

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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