ChowChow Cloud International Holdings Limited (CHOW) Balance Sheet

NYSE American: CHOWAssets, liabilities, debt and equity over 4 years.

CHOW balance sheet, 2025

December 31, 2025 · Hong Kong dollars

HK$97.2M assets = HK$29.3M liabilities + HK$67.9M equity

Both columns are drawn to the same scale: what CHOW owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CHOW financial health

Current ratio3.44

Comfortable · current assets cover current liabilities 3.44×

Debt / equity0.07

Low leverage · HK$0.07 of debt for each $1 of equity

Equity / assets69.9%

Equity-funded · of assets funded by shareholders

Cash / debt458.4%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles13.1%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CHOW balance sheet trends, 2022–2025

ChowChow Cloud International Holdings Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	HK$35.7M2022	HK$97.2M2025	+39.6%/yr
Total liabilities	HK$28.3M2022	HK$29.3M2025	+1.1%/yr
Shareholders’ equity	HK$7.4M2022	HK$67.9M2025	+109.4%/yr
Cash & short-term investments	HK$9.0M2022	HK$21.6M2025	+33.9%/yr
Total debt	HK$217,4042022	HK$4.7M2025	+178.9%/yr
Net cash (debt)	HK$8.8M2022	HK$16.9M2025	+HK$8.1M
Working capital	HK$6.0M2022	HK$59.9M2025	+HK$54.0M
Current ratio	1.212022	3.442025	+2.23
Debt / equity	0.032022	0.072025	+0.04
Shares outstanding	35.1M2022	33.4M2025	−1.7%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CHOW assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CHOW liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CHOW debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CHOW balance sheet in Hong Kong dollars

ChowChow Cloud International Holdings Limited annual balance sheet
	2025	2024	2023	2022
Assets
Cash & short-term investments	HK$21.6M	HK$10.5M	HK$9.9M	HK$9.0M
Cash & equivalents	HK$21.6M	HK$10.5M	HK$9.9M	HK$9.0M
Receivables	HK$47.8M	HK$20.3M	HK$17.7M	HK$25.0M
Inventory	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$15.0M	HK$14.1M	HK$11.6M	HK$148,054
Total current assets	HK$84.5M	HK$45.0M	HK$39.2M	HK$34.2M
Property, plant & equipment (net)	HK$31,960	HK$260,727	HK$495,919	HK$250,549
Goodwill & intangible assets	HK$12.7M	HK$2.3M	HK$1.8M	HK$1.3M
Long-term investments	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$0	HK$122,412	HK$122,412	HK$0
Total assets	HK$97.2M	HK$47.7M	HK$41.6M	HK$35.7M
Liabilities
Accounts payable	HK$12.7M	HK$4.5M	HK$7.1M	HK$18.2M
Short-term debt	HK$504,838	HK$502,534	HK$225,293	HK$217,404
Deferred revenue	HK$3.6M	HK$17.4M	HK$18.6M	HK$7.8M
Total current liabilities	HK$24.6M	HK$28.8M	HK$39.2M	HK$28.2M
Long-term debt	HK$4.2M	HK$4.7M	HK$0	HK$0
Lease obligations	HK$0	HK$218,130	HK$443,423	HK$217,404
Other long-term liabilities	HK$486,614	HK$227,530	HK$454,597	HK$75,123
Total liabilities	HK$29.3M	HK$33.7M	HK$39.6M	HK$28.3M
Shareholders' equity
Common stock & paid-in capital	HK$27,682	HK$25,350	—	—
Retained earnings (deficit)	−HK$10.2M	HK$13.4M	HK$1.5M	HK$6.9M
Accumulated other comprehensive income	HK$552,650	HK$552,650	HK$500,000	—
Total shareholders' equity	HK$67.9M	HK$13.9M	HK$2.0M	HK$7.4M
Key figures
Total debt	HK$4.7M	HK$5.2M	HK$443,423	HK$217,404
Net cash (debt)	HK$16.9M	HK$5.3M	HK$9.4M	HK$8.8M
Working capital	HK$59.9M	HK$16.2M	HK$9,874	HK$6.0M
Tangible book value	HK$55.3M	HK$11.6M	HK$173,608	HK$6.1M
Shares outstanding	33.4M	35.1M	35.1M	35.1M
Current ratio	3.44	1.56	1.00	1.21
Quick ratio	2.83	1.07	0.70	1.21
Debt / equity	0.07	0.37	0.22	0.03
Equity / assets	69.9%	29.3%	4.8%	20.7%

ChowChow Cloud International Holdings Limited quarterly balance sheet
	Dec '25	Sep '25	Jun '25	Dec '24	Jun '24	Dec '23
Assets
Cash & short-term investments	HK$21.6M	HK$11.9M	HK$11.9M	HK$10.5M	HK$11.4M	HK$9.9M
Cash & equivalents	HK$21.6M	HK$11.9M	HK$11.9M	HK$10.5M	HK$11.4M	HK$9.9M
Receivables	HK$47.8M	HK$25.5M	HK$24.8M	HK$20.3M	HK$16.2M	HK$17.7M
Inventory	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$15.0M	HK$2.9M	HK$3.5M	HK$14.1M	HK$3,850	HK$11.6M
Total current assets	HK$84.5M	HK$40.2M	HK$40.2M	HK$45.0M	HK$27.6M	HK$39.2M
Property, plant & equipment (net)	HK$31,960	HK$132,388	HK$132,388	HK$260,727	HK$371,069	HK$495,938
Goodwill & intangible assets	HK$12.7M	HK$2.0M	HK$0	HK$2.3M	HK$2.8M	HK$1.8M
Long-term investments	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$0	HK$122,571	HK$2.1M	HK$122,412	HK$122,412	HK$122,430
Total assets	HK$97.2M	HK$42.4M	HK$42.4M	HK$47.7M	HK$30.8M	HK$41.6M
Liabilities
Accounts payable	HK$12.7M	HK$1.7M	HK$1.7M	HK$4.5M	HK$3.5M	HK$7.1M
Short-term debt	HK$504,838	HK$593,157	—	HK$502,534	HK$270,752	HK$225,303
Deferred revenue	HK$3.6M	HK$745,142	—	HK$17.4M	HK$4.3M	HK$18.6M
Total current liabilities	HK$24.6M	HK$11.4M	HK$11.4M	HK$28.8M	HK$16.5M	HK$39.2M
Long-term debt	HK$4.2M	HK$0	HK$4.5M	HK$4.7M	HK$5.0M	HK$0
Lease obligations	HK$0	—	HK$100,566	HK$218,130	HK$332,384	—
Other long-term liabilities	HK$486,614	HK$4.6M	HK$103,393	HK$227,530	HK$442,980	HK$454,613
Total liabilities	HK$29.3M	HK$16.0M	HK$16.0M	HK$33.7M	HK$21.9M	HK$39.6M
Shareholders' equity
Common stock & paid-in capital	HK$27,682	HK$25,350	—	HK$25,350	—	—
Retained earnings (deficit)	−HK$10.2M	HK$25.9M	HK$25.9M	HK$13.4M	HK$8.4M	−HK$1.2M
Accumulated other comprehensive income	HK$552,650	HK$552,650	—	HK$552,650	HK$500,000	HK$3.2M
Total shareholders' equity	HK$67.9M	HK$26.4M	HK$26.4M	HK$13.9M	HK$8.9M	HK$2.0M
Key figures
Total debt	HK$4.7M	HK$5.1M	HK$4.5M	HK$5.2M	HK$5.3M	HK$443,439
Net cash (debt)	HK$16.9M	HK$6.8M	HK$7.4M	HK$5.3M	HK$6.1M	HK$9.4M
Working capital	HK$59.9M	HK$28.8M	HK$28.8M	HK$16.2M	HK$11.1M	HK$9,870
Tangible book value	HK$55.3M	HK$24.5M	HK$26.4M	HK$11.6M	HK$6.2M	HK$173,616
Shares outstanding	33.1M	32.5M	35.1M	35.1M	35.1M	35.1M
Current ratio	3.44	3.52	3.52	1.56	1.67	1.00
Quick ratio	2.83	3.26	3.21	1.07	1.67	0.70
Debt / equity	0.07	0.19	0.17	0.37	0.60	0.22
Equity / assets	69.9%	62.3%	62.3%	29.3%	29.0%	4.8%

Quarterly columns are labeled by the month the quarter ended. Figures in Hong Kong dollars as reported (latest annual report filed December 31, 2025); data from EODHD.

CHOW financial position

At the end of fiscal 2025 (December 31, 2025), ChowChow Cloud International had total assets of HK$97.2 million (up 103.9% from a year earlier), total liabilities of HK$29.3 million and shareholders' equity of HK$67.9 million. It held HK$21.6 million in cash and short-term investments against HK$4.7 million of debt, a net cash position of HK$16.9 million. Its current ratio was 3.44.

Related: CHOW income statement, CHOW cash flow statement, CHOW key metrics. See the CHOW stock overview for the latest quote and news.

CHOW balance sheet FAQ

What are ChowChow Cloud International's total assets?

ChowChow Cloud International reported total assets of HK$97.2 million at the end of fiscal 2025 (December 31, 2025), compared with HK$47.7 million a year earlier.

How much debt does ChowChow Cloud International have?

ChowChow Cloud International had HK$4.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.07.

How much cash does ChowChow Cloud International have?

ChowChow Cloud International held HK$21.6 million in cash and short-term investments at the end of fiscal 2025; with HK$4.7 million of debt that is net cash of HK$16.9 million.

What is ChowChow Cloud International's book value?

ChowChow Cloud International's shareholders' equity (book value) was HK$67.9 million at the end of fiscal 2025.

What is ChowChow Cloud International's current ratio?

ChowChow Cloud International had current assets of HK$84.5 million and current liabilities of HK$24.6 million, a current ratio of 3.44 (it can cover its short-term obligations).

How much goodwill does ChowChow Cloud International have?

ChowChow Cloud International carried HK$12.7 million of goodwill and intangible assets, 13.1% of total assets, at the end of fiscal 2025.