Cre8 Enterprise Limited Class A (CRE) Balance Sheet

NASDAQ: CREAssets, liabilities, debt and equity over 5 years.

CRE balance sheet, 2025

December 31, 2025 · Hong Kong dollars

HK$116.0M assets = HK$64.6M liabilities + HK$51.4M equity

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

CRE financial health

Current ratio1.57

Comfortable · current assets cover current liabilities 1.57×

Equity / assets44.3%

Equity-funded · of assets funded by shareholders

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CRE balance sheet trends, 2021–2025

Cre8 Enterprise Limited Class A balance sheet trends
Metric	Then	Latest	Change
Total assets	HK$70.1M2021	HK$116.0M2025	+13.4%/yr
Total liabilities	HK$61.8M2021	HK$64.6M2025	+1.1%/yr
Shareholders’ equity	HK$8.3M2021	HK$51.4M2025	+57.7%/yr
Cash & short-term investments	HK$20.4M2021	HK$54.7M2025	+28.0%/yr
Total debt	HK$30.8M2021	HK$15.3M2024	−20.7%/yr
Net cash (debt)	−HK$10.4M2021	−HK$1.5M2024	+HK$8.9M
Working capital	−HK$9.1M2021	HK$31.1M2025	+HK$40.2M
Current ratio	0.842021	1.572025	+0.74
Debt / equity	3.702021	1.552024	−2.15
Shares outstanding	23.9M2021	2.0M2025	−46.1%/yr

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

CRE assets

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

CRE liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CRE debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

CRE balance sheet in Hong Kong dollars

Cre8 Enterprise Limited Class A annual balance sheet
	2025	2024	2023	2022	2021
Assets
Cash & short-term investments	HK$54.7M	HK$13.8M	HK$14.8M	HK$848,129	HK$20.4M
Cash & equivalents	HK$54.7M	HK$13.8M	HK$14.8M	HK$848,129	HK$20.4M
Receivables	HK$22.6M	HK$19.0M	HK$30.4M	HK$36.0M	HK$26.5M
Inventory	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$7.9M	HK$9.6M	HK$3.0M	HK$478,800	HK$558,280
Total current assets	HK$85.2M	HK$42.4M	HK$48.1M	HK$37.3M	HK$47.4M
Property, plant & equipment (net)	HK$20.6M	HK$6.8M	HK$14.2M	HK$26.7M	HK$13.1M
Goodwill & intangible assets	HK$0	HK$0	HK$0	HK$0	HK$0
Long-term investments	HK$0	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$10.3M	HK$7.8M	HK$9.1M	HK$10.7M	HK$9.6M
Total assets	HK$116.0M	HK$57.0M	HK$71.4M	HK$74.7M	HK$70.1M
Liabilities
Accounts payable	HK$10.8M	HK$8.6M	HK$12.9M	HK$12.9M	HK$9.1M
Short-term debt	—	HK$11.7M	HK$20.4M	HK$32.9M	HK$25.5M
Deferred revenue	—	HK$8.3M	HK$7.5M	HK$6.7M	HK$4.5M
Total current liabilities	HK$54.1M	HK$43.5M	HK$66.0M	HK$66.2M	HK$56.5M
Long-term debt	HK$0	HK$0	HK$0	HK$0	HK$0
Lease obligations	HK$20.5M	HK$6.5M	HK$13.4M	HK$24.8M	HK$10.0M
Other long-term liabilities	HK$10.5M	HK$3.6M	HK$1.9M	HK$12.7M	HK$5.3M
Total liabilities	HK$64.6M	HK$47.1M	HK$67.9M	HK$78.8M	HK$61.8M
Shareholders' equity
Retained earnings (deficit)	HK$10.5M	HK$5.2M	−HK$1.2M	−HK$9.0M	HK$3.3M
Accumulated other comprehensive income	—	−HK$350,409	−HK$318,447	−HK$225,181	HK$7,728
Total shareholders' equity	HK$51.4M	HK$9.9M	HK$3.5M	−HK$4.2M	HK$8.3M
Key figures
Total debt	—	HK$15.3M	HK$22.4M	HK$45.6M	HK$30.8M
Net cash (debt)	—	−HK$1.5M	−HK$7.6M	−HK$44.7M	−HK$10.4M
Working capital	HK$31.1M	−HK$1.1M	−HK$17.8M	−HK$28.8M	−HK$9.1M
Tangible book value	HK$51.4M	HK$9.9M	HK$3.5M	−HK$4.2M	HK$8.3M
Shares outstanding	2.0M	22.5M	24.2M	23.9M	23.9M
Current ratio	1.57	0.98	0.73	0.56	0.84
Quick ratio	1.43	0.75	0.68	0.56	0.83
Debt / equity	—	1.55	6.33	—	3.70
Equity / assets	44.3%	17.4%	4.9%	−5.6%	11.9%

Cre8 Enterprise Limited Class A quarterly balance sheet
	Dec '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23
Assets
Cash & short-term investments	HK$54.7M	HK$11.3M	HK$13.8M	HK$13.8M	HK$1.8M	HK$7.3M	HK$927,852	HK$1.9M
Cash & equivalents	HK$54.7M	HK$11.3M	HK$13.8M	HK$13.8M	HK$1.8M	HK$7.3M	HK$927,852	HK$1.9M
Receivables	HK$22.6M	HK$25.9M	HK$19.0M	HK$18.9M	HK$2.4M	HK$37.0M	HK$4.6M	HK$3.8M
Inventory	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$7.9M	HK$10.7M	HK$9.6M	HK$9.7M	HK$1.3M	HK$3.7M	HK$577,962	HK$489,748
Total current assets	HK$85.2M	HK$47.8M	HK$42.4M	HK$42.4M	HK$5.5M	HK$48.0M	HK$6.1M	HK$6.2M
Property, plant & equipment (net)	HK$20.6M	HK$25.5M	HK$6.8M	HK$6.8M	HK$871,330	HK$7.8M	HK$992,383	HK$1.8M
Goodwill & intangible assets	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Long-term investments	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$10.3M	HK$6.7M	HK$7.8M	HK$7.8M	HK$1.0M	HK$7.8M	HK$1.0M	HK$1.2M
Total assets	HK$116.0M	HK$80.0M	HK$57.0M	HK$57.0M	HK$7.3M	HK$63.6M	HK$8.1M	HK$9.1M
Liabilities
Accounts payable	HK$10.8M	HK$9.0M	HK$8.6M	HK$8.6M	HK$1.1M	HK$7.2M	HK$922,155	HK$1.6M
Short-term debt	—	—	HK$11.7M	—	HK$3.0M	HK$15.4M	HK$3.8M	HK$4.7M
Deferred revenue	—	—	HK$8.3M	—	—	HK$7.9M	—	—
Total current liabilities	HK$54.1M	HK$46.9M	HK$43.5M	HK$43.5M	HK$5.6M	HK$54.2M	HK$6.9M	HK$8.4M
Long-term debt	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Lease obligations	HK$20.5M	HK$24.7M	—	HK$6.5M	—	HK$7.3M	—	HK$13.4M
Other long-term liabilities	HK$10.5M	HK$15.1M	HK$3.6M	HK$3.6M	HK$468,226	HK$936,804	HK$119,713	HK$249,058
Total liabilities	HK$64.6M	HK$62.0M	HK$47.1M	HK$47.1M	HK$6.1M	HK$55.1M	HK$7.0M	HK$8.7M
Shareholders' equity
Retained earnings (deficit)	HK$10.5M	HK$13.3M	HK$5.2M	HK$5.2M	HK$671,807	HK$3.7M	HK$476,175	−HK$151,182
Accumulated other comprehensive income	—	—	−HK$350,409	—	−HK$45,076	−HK$340,590	−HK$43,523	−HK$40,781
Total shareholders' equity	HK$51.4M	HK$18.0M	HK$9.9M	HK$9.9M	HK$1.3M	HK$8.4M	HK$1.1M	HK$452,354
Key figures
Total debt	—	—	HK$15.3M	—	HK$3.5M	HK$16.3M	HK$3.9M	HK$5.0M
Net cash (debt)	—	—	−HK$1.5M	—	−HK$1.7M	−HK$9.0M	−HK$3.0M	−HK$3.1M
Working capital	HK$31.1M	HK$885,474	−HK$1.1M	−HK$1.1M	−HK$136,708	−HK$6.3M	−HK$799,044	−HK$2.3M
Tangible book value	HK$51.4M	HK$18.0M	HK$9.9M	HK$9.9M	HK$1.3M	HK$8.4M	HK$1.1M	HK$452,354
Shares outstanding	2.0M	2.0M	22.5M	2.0M	22.5M	22.5M	22.5M	22.5M
Current ratio	1.57	1.02	0.98	0.98	0.98	0.88	0.88	0.73
Quick ratio	1.43	0.79	0.75	0.75	0.75	0.82	0.80	0.67
Debt / equity	—	—	1.55	—	2.72	1.94	3.61	10.99
Equity / assets	44.3%	22.5%	17.4%	17.4%	17.4%	13.2%	13.2%	4.9%

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

CRE financial position

At the end of fiscal 2025 (December 31, 2025), Cre8 Enterprise had total assets of HK$116.0 million (up 103.4% from a year earlier), total liabilities of HK$64.6 million and shareholders' equity of HK$51.4 million. Its current ratio was 1.57.

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

CRE balance sheet FAQ

What are Cre8 Enterprise's total assets?

Cre8 Enterprise reported total assets of HK$116.0 million at the end of fiscal 2025 (December 31, 2025), compared with HK$57.0 million a year earlier.

How much cash does Cre8 Enterprise have?

Cre8 Enterprise held HK$54.7 million in cash and short-term investments at the end of fiscal 2025.

What is Cre8 Enterprise's book value?

Cre8 Enterprise's shareholders' equity (book value) was HK$51.4 million at the end of fiscal 2025.

What is Cre8 Enterprise's current ratio?

Cre8 Enterprise had current assets of HK$85.2 million and current liabilities of HK$54.1 million, a current ratio of 1.57 (it can cover its short-term obligations).