Plutus Financial Group Limited (PLUT) Balance Sheet

NASDAQ: PLUTAssets, liabilities, debt and equity over 6 years.

PLUT balance sheet, 2025

December 31, 2025 · Hong Kong dollars

HK$119.3M assets = HK$32.2M liabilities + HK$87.0M equity

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

PLUT financial health

Current ratio3.45

Comfortable · current assets cover current liabilities 3.45×

Debt / equity0.01

Low leverage · HK$0.01 of debt for each $1 of equity

Equity / assets73.0%

Equity-funded · of assets funded by shareholders

Cash / debt1,295.0%

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

Goodwill & intangibles3.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

PLUT balance sheet trends, 2020–2025

Plutus Financial Group Limited balance sheet trends
Metric	Then	Latest	Change
Total assets	HK$68.2M2020	HK$119.3M2025	+11.8%/yr
Total liabilities	HK$17.7M2020	HK$32.2M2025	+12.7%/yr
Shareholders’ equity	HK$50.5M2020	HK$87.0M2025	+11.5%/yr
Cash & short-term investments	HK$17.3M2020	HK$13.0M2025	−5.6%/yr
Total debt	HK$2.5M2020	HK$1.0M2025	−16.8%/yr
Net cash (debt)	HK$14.8M2020	HK$12.0M2025	−HK$2.8M
Working capital	HK$47.6M2020	HK$78.9M2025	+HK$31.3M
Current ratio	3.862020	3.452025	−0.41
Debt / equity	0.052020	0.012025	−0.04
Shares outstanding	17.0M2020	13.3M2025	−4.8%/yr

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

PLUT assets

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

PLUT liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

PLUT debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

PLUT balance sheet in Hong Kong dollars

Plutus Financial Group Limited annual balance sheet
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	HK$13.0M	HK$30.6M	HK$12.0M	HK$12.7M	HK$12.6M	HK$17.3M
Cash & equivalents	HK$13.0M	HK$30.6M	HK$12.0M	HK$12.7M	HK$12.6M	HK$17.3M
Receivables	HK$61.8M	HK$18.5M	HK$47.4M	HK$67.9M	HK$105.7M	HK$32.5M
Inventory	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$36.3M	HK$15.5M	HK$43.2M	HK$39.4M	HK$4.7M	HK$14.4M
Total current assets	HK$111.1M	HK$64.5M	HK$102.6M	HK$120.0M	HK$123.0M	HK$64.2M
Property, plant & equipment (net)	HK$1.6M	HK$3.0M	HK$1.1M	HK$2.2M	HK$1.2M	HK$2.9M
Goodwill & intangible assets	HK$3.5M	HK$600,000	HK$600,000	HK$600,000	HK$600,000	HK$600,000
Long-term investments	HK$2.6M	HK$0	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$475,000	HK$3.5M	HK$2.3M	HK$543,000	HK$534,000	HK$562,000
Total assets	HK$119.3M	HK$71.7M	HK$106.6M	HK$123.4M	HK$125.3M	HK$68.2M
Liabilities
Accounts payable	HK$20.8M	HK$10.3M	HK$40.9M	HK$34.8M	HK$5.3M	HK$11.5M
Short-term debt	HK$1.0M	HK$1.1M	HK$1.1M	HK$1.2M	HK$1.2M	HK$1.5M
Deferred revenue	HK$677,000	HK$677,000	—	—	—	—
Total current liabilities	HK$32.2M	HK$15.5M	HK$45.9M	HK$42.2M	HK$19.9M	HK$16.7M
Long-term debt	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Lease obligations	HK$1.0M	HK$2.1M	HK$1.1M	HK$2.3M	HK$1.2M	HK$2.5M
Other long-term liabilities	HK$0	HK$994,000	HK$45.9M	HK$1.1M	HK$19.9M	HK$1.1M
Total liabilities	HK$32.2M	HK$16.5M	HK$45.9M	HK$43.3M	HK$19.9M	HK$17.7M
Shareholders' equity
Common stock & paid-in capital	HK$12,000	HK$9,000	HK$9,000	HK$9,000	HK$9,000	HK$9,000
Retained earnings (deficit)	−HK$47.3M	−HK$7.9M	−HK$2.4M	HK$3.6M	HK$29.0M	HK$7.5M
Total shareholders' equity	HK$87.0M	HK$55.2M	HK$60.7M	HK$80.1M	HK$105.5M	HK$50.5M
Key figures
Total debt	HK$1.0M	HK$2.1M	HK$1.1M	HK$2.3M	HK$1.2M	HK$2.5M
Net cash (debt)	HK$12.0M	HK$28.5M	HK$10.9M	HK$10.3M	HK$11.4M	HK$14.8M
Working capital	HK$78.9M	HK$49.0M	HK$56.7M	HK$77.8M	HK$103.1M	HK$47.6M
Tangible book value	HK$83.5M	HK$54.6M	HK$60.1M	HK$79.5M	HK$104.9M	HK$49.9M
Shares outstanding	13.3M	14.1M	14.1M	14.1M	17.0M	17.0M
Current ratio	3.45	4.16	2.24	2.84	6.19	3.86
Quick ratio	2.32	3.16	1.30	1.91	5.96	2.99
Debt / equity	0.01	0.04	0.02	0.03	0.01	0.05
Equity / assets	73.0%	77.0%	57.0%	64.9%	84.2%	74.0%

Plutus Financial Group Limited quarterly balance sheet
	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Jun '23	Dec '22
Assets
Cash & short-term investments	HK$13.0M	HK$13.0M	HK$13.0M	HK$57.6M	HK$30.6M	HK$30.6M	HK$30.6M	HK$16.9M	HK$16.9M	HK$12.0M	HK$25.0M	HK$12.7M
Cash & equivalents	HK$13.0M	HK$13.0M	HK$13.0M	HK$57.6M	HK$76.2M	HK$30.6M	HK$30.6M	HK$16.9M	HK$16.9M	HK$12.0M	HK$25.0M	HK$12.7M
Receivables	HK$61.8M	HK$472,000	HK$0	HK$36.1M	HK$18.5M	HK$777,000	HK$0	HK$37.2M	HK$0	HK$47.4M	HK$52.7M	HK$67.9M
Inventory	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other current assets	HK$36.3M	HK$97.7M	—	HK$12.1M	HK$15.5M	HK$33.2M	—	HK$32.2M	—	HK$43.2M	HK$49.0M	HK$39.4M
Total current assets	HK$111.1M	HK$111.1M	—	HK$105.8M	HK$64.5M	HK$64.5M	—	HK$86.3M	—	HK$102.6M	HK$126.7M	HK$120.0M
Property, plant & equipment (net)	HK$1.6M	HK$1.6M	HK$1.6M	HK$2.3M	HK$2.7M	HK$3.0M	HK$3.0M	HK$1.7M	HK$1.7M	HK$1.1M	HK$1.7M	HK$2.2M
Goodwill & intangible assets	HK$3.5M	HK$3.5M	HK$3.5M	HK$0	HK$599,143	HK$600,000	HK$600,000	HK$600,000	HK$600,000	HK$600,000	HK$600,000	HK$600,000
Long-term investments	HK$0	HK$2.6M	HK$0	HK$6.5M	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other non-current assets	HK$3.0M	HK$475,000	HK$114.1M	HK$9.5M	HK$50.5M	HK$3.5M	HK$68.1M	HK$3.1M	HK$89.3M	HK$2.3M	HK$535,000	HK$543,000
Total assets	HK$119.3M	HK$119.3M	HK$119.3M	HK$124.2M	HK$118.3M	HK$71.7M	HK$71.7M	HK$91.7M	HK$91.7M	HK$106.6M	HK$129.5M	HK$123.4M
Liabilities
Accounts payable	HK$20.8M	HK$20.8M	—	HK$12.4M	HK$10.3M	HK$10.3M	—	HK$27.3M	—	HK$40.9M	HK$43.0M	HK$34.8M
Short-term debt	HK$1.0M	—	—	HK$1.2M	HK$1.1M	—	—	HK$456,000	—	HK$1.1M	HK$1.3M	HK$1.2M
Deferred revenue	HK$677,000	—	—	—	HK$677,000	—	—	—	—	—	—	—
Total current liabilities	HK$32.2M	HK$32.2M	—	HK$16.8M	HK$15.5M	HK$15.5M	—	HK$34.7M	—	HK$45.9M	HK$48.1M	HK$42.2M
Long-term debt	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Lease obligations	—	HK$1.0M	—	HK$1.6M	—	HK$2.1M	—	HK$456,000	—	HK$1.1M	HK$1.8M	—
Other long-term liabilities	HK$0	HK$0	HK$32.2M	HK$403,000	HK$16.2M	HK$994,000	HK$16.5M	HK$34.7M	HK$34.7M	HK$45.9M	HK$455,000	HK$1.1M
Total liabilities	HK$32.2M	HK$32.2M	HK$32.2M	HK$17.2M	HK$16.2M	HK$16.5M	HK$16.5M	HK$34.7M	HK$34.7M	HK$45.9M	HK$48.6M	HK$43.3M
Shareholders' equity
Common stock & paid-in capital	HK$12,000	—	HK$12,000	HK$12,000	HK$7,781	—	HK$9,000	HK$9,000	HK$9,000	HK$9,000	HK$9,000	HK$9,000
Retained earnings (deficit)	−HK$47.3M	−HK$47.3M	−HK$47.3M	−HK$25.7M	−HK$14.3M	−HK$7.9M	−HK$7.9M	−HK$6.2M	−HK$6.2M	−HK$2.4M	HK$4.4M	HK$3.6M
Total shareholders' equity	HK$87.0M	HK$87.0M	HK$87.0M	HK$107.0M	HK$102.1M	HK$55.2M	HK$55.2M	HK$57.0M	HK$57.0M	HK$60.7M	HK$80.9M	HK$80.1M
Key figures
Total debt	HK$1.0M	—	—	HK$1.6M	HK$2.1M	—	—	HK$456,000	—	HK$1.1M	HK$1.8M	HK$2.3M
Net cash (debt)	HK$12.0M	—	—	HK$56.0M	HK$28.5M	—	—	HK$16.4M	—	HK$10.9M	HK$23.2M	HK$10.3M
Working capital	HK$78.9M	HK$78.9M	—	HK$89.0M	HK$49.0M	HK$49.0M	—	HK$51.6M	—	HK$56.7M	HK$78.6M	HK$77.8M
Tangible book value	HK$83.5M	HK$83.5M	HK$83.5M	HK$107.0M	HK$101.5M	HK$54.6M	HK$54.6M	HK$56.4M	HK$56.4M	HK$60.1M	HK$80.3M	HK$79.5M
Shares outstanding	15.1M	15.3M	15.1M	14.5M	13.3M	14.1M	12.0M	12.0M	12.0M	12.0M	14.1M	14.1M
Current ratio	3.45	3.45	—	6.29	4.16	4.16	—	2.49	—	2.24	2.63	2.84
Quick ratio	2.32	0.42	—	5.57	3.16	2.02	—	1.56	—	1.30	1.61	1.91
Debt / equity	0.01	—	—	0.01	0.02	—	—	0.01	—	0.02	0.02	0.03
Equity / assets	73.0%	73.0%	73.0%	86.1%	86.3%	77.0%	77.0%	62.1%	62.1%	57.0%	62.5%	64.9%

Quarterly columns are labeled by the month the quarter ended. Figures in Hong Kong dollars as reported (latest annual report filed May 11, 2026); data from EODHD.

PLUT financial position

At the end of fiscal 2025 (December 31, 2025), Plutus Financial had total assets of HK$119.3 million (up 66.3% from a year earlier), total liabilities of HK$32.2 million and shareholders' equity of HK$87.0 million. It held HK$13.0 million in cash and short-term investments against HK$1.0 million of debt, a net cash position of HK$12.0 million. Its current ratio was 3.45. In the latest quarter (ended March 31, 2026) total assets were HK$119.3 million and equity HK$87.0 million.

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

PLUT balance sheet FAQ

What are Plutus Financial's total assets?

Plutus Financial reported total assets of HK$119.3 million at the end of fiscal 2025 (December 31, 2025), compared with HK$71.7 million a year earlier.

How much debt does Plutus Financial have?

Plutus Financial had HK$1.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.

How much cash does Plutus Financial have?

Plutus Financial held HK$13.0 million in cash and short-term investments at the end of fiscal 2025; with HK$1.0 million of debt that is net cash of HK$12.0 million.

What is Plutus Financial's book value?

Plutus Financial's shareholders' equity (book value) was HK$87.0 million at the end of fiscal 2025.

What is Plutus Financial's current ratio?

Plutus Financial had current assets of HK$111.1 million and current liabilities of HK$32.2 million, a current ratio of 3.45 (it can cover its short-term obligations).

How much goodwill does Plutus Financial have?

Plutus Financial carried HK$3.5 million of goodwill and intangible assets, 3.0% of total assets, at the end of fiscal 2025.