Kingboard Holdings Limited (KBHLD) balance sheet

HKSE · Basic Materials · Chemicals - Specialty · 34,000 employees · CEO Chang Wing Yiu

Price: HK$44.76 +1.68%
Market cap: HK$50.2B
Enterprise value: HK$69.7B
Last report: Q2 '26 filed 2026-06-30
Next report: 2027-03-22

At the end of Q2 '26 Kingboard Holdings Limited (KBHLD) held HK$30.2B in cash and short-term investments against HK$30.9B of debt incl. leases. Total assets HK$132B, total liabilities HK$44.8B, shareholders' equity HK$80B.

Balance sheet

Balance sheet	Q4 '20	Q2 '21	Q4 '21	Q2 '22	Q4 '22	Q2 '23	Q4 '23	Q2 '24	Q4 '24	Q2 '25	Q4 '25	Q2 '26
Assets
Cash & equivalents	HK$6.57B	HK$4.85B	HK$5.51B	HK$6.83B	HK$6.69B	HK$4.74B	HK$4.1B	HK$4.05B	HK$3.89B	HK$3.11B	HK$3.47B	HK$11.3B
Short-term investments	HK$2.8B	HK$2.96B	HK$4.56B	HK$3.28B	HK$4.71B	HK$7.15B	HK$8.91B	HK$7.27B	HK$6.95B	HK$10.3B	HK$8.48B	HK$18.9B
Receivables	HK$11.9B	HK$15.6B	HK$15B	HK$12.3B	HK$12.1B	HK$11.8B	HK$10.7B	HK$11B	HK$10.9B	HK$12.6B	HK$13.6B	HK$17.8B
Inventory	HK$22.9B	HK$24.5B	HK$23.6B	HK$22.3B	HK$20.4B	HK$20.7B	HK$19.2B	HK$19.5B	HK$16.5B	HK$16.1B	HK$15.1B	HK$18.5B
Other current assets	HK$1.63B	HK$1.15B	HK$1.35B	HK$1.13B	HK$3.17B	HK$3.71B	HK$746M	HK$1.94B	HK$778M	HK$897M	HK$870M	HK$569M
Current assets	HK$45.6B	HK$49.4B	HK$50.3B	HK$46.2B	HK$45.2B	HK$46B	HK$44.2B	HK$44.1B	HK$39.5B	HK$43.6B	HK$42.5B	HK$67.1B
Property, plant & equipment (net)	HK$16.5B	HK$17B	HK$18.6B	HK$19.3B	HK$20.3B	HK$20.9B	HK$22.1B	HK$23.1B	HK$24.2B	HK$25B	HK$25.8B	HK$28.6B
Long-term investments	HK$5.25B	HK$4.69B	HK$3.63B	HK$2.98B	HK$658M	-HK$1.4B	HK$30B	HK$6.11B	-HK$1.73B	HK$32.4B	HK$33B	HK$33.8B
Goodwill	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B
Intangible assets	HK$54.4M	HK$51.1M	HK$47.9M	HK$44.6M	HK$41.4M	HK$38.2M	HK$34.9M	HK$31.7M	HK$28.4M	HK$25.2M	HK$22M	HK$18.7M
Deferred tax assets	HK$2.67M	HK$2.67M	HK$2.29M	HK$1.72M	HK$2.58M	HK$2.64M	HK$3.07M	HK$3.27M	HK$2.59M	HK$2.74M	HK$2.12M	HK$4.51M
Other non-current assets	HK$23.2B	HK$23.7B	HK$28.6B	HK$29.8B	HK$28.4B	HK$30.7B	HK$0	HK$23.9B	HK$33.1B	HK$0	HK$0	HK$0
Non-current assets	HK$47.7B	HK$48.1B	HK$53.6B	HK$54.8B	HK$52B	HK$53B	HK$54.8B	HK$55.7B	HK$58.3B	HK$60.1B	HK$61.4B	HK$65.1B
Total assets	HK$93.2B	HK$97.5B	HK$104B	HK$101B	HK$97.3B	HK$98.9B	HK$99B	HK$99.8B	HK$97.8B	HK$104B	HK$104B	HK$132B
Liabilities
Accounts payable	HK$3.53B	HK$3.45B	HK$4.16B	HK$3.5B	HK$3.59B	HK$3.52B	HK$3.45B	HK$3.54B	HK$3.4B	HK$3.38B	HK$3.63B	HK$4.45B
Accrued expenses	HK$2.29B	HK$2.7B	HK$2.66B	HK$2.51B	HK$0	HK$2.08B	HK$2.13B	HK$2.22B	HK$0	HK$0	HK$0	HK$0
Short-term debt	HK$8.61B	HK$14.3B	HK$10.7B	HK$7.83B	HK$5.27B	HK$8.77B	HK$8.15B	HK$9.11B	HK$8.96B	HK$11B	HK$12.1B	HK$16B
Taxes payable	HK$3.15B	HK$3.79B	HK$3.47B	HK$3.31B	HK$2.82B	HK$2.33B	HK$1.35B	HK$1.39B	HK$2.4B	HK$2.18B	HK$0	HK$0
Deferred revenue	HK$3.79B	HK$5.89B	HK$5.3B	HK$2.12B	HK$2.6B	HK$2.53B	HK$1.67B	HK$0	HK$0	HK$0	HK$0	HK$1.67B
Other current liabilities	HK$4.9B	HK$3.48B	HK$3.98B	HK$6.29B	HK$5.68B	HK$3.8B	HK$3.53B	HK$4.95B	HK$2.57B	HK$2.38B	HK$4.55B	HK$5.63B
Current liabilities	HK$23.1B	HK$29.8B	HK$26.8B	HK$22.3B	HK$17.1B	HK$20.7B	HK$18.9B	HK$19.8B	HK$19.5B	HK$21.6B	HK$22.9B	HK$29.5B
Long-term debt	HK$8.62B	HK$3.34B	HK$7.67B	HK$11.7B	HK$14.5B	HK$13.8B	HK$14.8B	HK$14.1B	HK$12.7B	HK$13.9B	HK$10.7B	HK$14.8B
Lease obligations (non-current)	HK$9.79M	HK$9.31M	HK$6.43M	HK$4.77M	HK$4.71M	HK$2.74M	HK$1.97M	HK$8.52M	HK$11.9M	HK$10.3M	HK$12.7M	HK$10.8M
Deferred revenue (non-current)	HK$8.62B	HK$3.34B	HK$7.67B	HK$11.7B	HK$14.5B	HK$13.8B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Deferred tax liabilities	HK$691M	HK$688M	HK$612M	HK$602M	HK$978M	HK$946M	HK$832M	HK$949M	HK$786M	HK$747M	HK$421M	HK$482M
Non-current liabilities	HK$9.32B	HK$4.04B	HK$8.29B	HK$12.3B	HK$15.5B	HK$14.7B	HK$15.6B	HK$15B	HK$13.5B	HK$14.6B	HK$11.1B	HK$15.3B
Total liabilities	HK$32.5B	HK$33.8B	HK$35.1B	HK$34.5B	HK$32.6B	HK$35.4B	HK$34.5B	HK$34.9B	HK$33B	HK$36.3B	HK$34B	HK$44.8B
Equity
Common stock & paid-in capital	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$112M
Retained earnings	HK$43B	HK$45.6B	HK$50.3B	HK$49.4B	HK$50.1B	HK$50.3B	HK$50.1B	HK$55.1B	HK$50.8B	HK$52.2B	HK$53.2B	HK$0
Accumulated other comprehensive income	HK$5.95B	HK$6.13B	HK$5.73B	HK$5.03B	HK$2.96B	HK$1.77B	HK$2.58B	HK$1.96B	HK$1.99B	HK$3.39B	HK$4.73B	HK$79.9B
Shareholders' equity	HK$55.9B	HK$58.7B	HK$63B	HK$61.5B	HK$60.1B	HK$59.1B	HK$59.7B	HK$60.2B	HK$59.8B	HK$62.6B	HK$64.7B	HK$80B
Debt
Total debt (incl. leases)	HK$17.2B	HK$17.6B	HK$18.4B	HK$19.5B	HK$19.8B	HK$22.5B	HK$22.9B	HK$23.2B	HK$21.7B	HK$24.9B	HK$22.8B	HK$30.9B
Net debt (debt - cash)	HK$10.7B	HK$12.8B	HK$12.9B	HK$12.7B	HK$13.1B	HK$17.8B	HK$18.8B	HK$19.2B	HK$17.8B	HK$21.8B	HK$19.3B	HK$19.5B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	HK$6.47B	HK$8.11B	HK$7.47B	HK$6.26B	HK$6.57B	HK$5.51B	HK$6.69B	HK$4.09B	HK$3.89B	HK$3.47B
Short-term investments	HK$0	HK$779M	HK$78.2M	HK$1.36B	HK$2.8B	HK$4.56B	HK$4.71B	HK$8.91B	HK$6.95B	HK$8.48B
Receivables	HK$8.42B	HK$11.3B	HK$11.2B	HK$11.2B	HK$12.4B	HK$15B	HK$12.1B	HK$9.79B	HK$10.9B	HK$13.6B
Inventory	HK$17.6B	HK$17.8B	HK$23B	HK$24.1B	HK$22.9B	HK$23.6B	HK$20.4B	HK$19.2B	HK$16.5B	HK$15.1B
Other current assets	HK$1.73B	HK$6.49B	HK$1.79B	HK$949M	HK$0	HK$511M	HK$742M	HK$1.88B	HK$778M	HK$870M
Current assets	HK$34.9B	HK$45.2B	HK$44.3B	HK$44.6B	HK$45.6B	HK$50.3B	HK$45.2B	HK$44.2B	HK$39.5B	HK$42.5B
Property, plant & equipment (net)	HK$14.5B	HK$15.9B	HK$16.8B	HK$17.1B	HK$16.5B	HK$18.6B	HK$20.3B	HK$22.1B	HK$23.3B	HK$25.8B
Long-term investments	HK$24.7B	HK$5.47B	HK$13.3B	HK$11.1B	HK$5.25B	HK$3.63B	HK$658M	HK$30B	HK$5.22B	HK$33B
Goodwill	HK$2.29B	HK$2.29B	HK$2.47B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B	HK$2.67B
Intangible assets	HK$0	HK$0	HK$27M	HK$60.8M	HK$54.4M	HK$47.9M	HK$41.4M	HK$34.9M	HK$28.4M	HK$22M
Deferred tax assets	HK$3.35M	HK$3.77M	HK$3.65M	HK$2.54M	HK$2.67M	HK$2.29M	HK$2.58M	HK$3.07M	HK$2.59M	HK$2.12M
Other non-current assets	HK$90.9M	HK$19.4B	HK$17.6B	HK$21.5B	HK$23.2B	HK$28.6B	HK$28.4B	HK$0	HK$27B	HK$0
Non-current assets	HK$41.6B	HK$43.1B	HK$50.1B	HK$52.5B	HK$47.7B	HK$53.6B	HK$52B	HK$54.8B	HK$58.3B	HK$61.4B
Total assets	HK$76.4B	HK$88.3B	HK$94.4B	HK$97B	HK$93.2B	HK$104B	HK$97.3B	HK$99B	HK$97.8B	HK$104B
Liabilities
Accounts payable	HK$2.75B	HK$3.39B	HK$3.73B	HK$3.49B	HK$3.53B	HK$4.16B	HK$3.59B	HK$3.45B	HK$3.4B	HK$3.63B
Accrued expenses	HK$1.89B	HK$0	HK$2.4B	HK$1.87B	HK$2.29B	HK$2.66B	HK$0	HK$2.13B	HK$0	HK$0
Short-term debt	HK$7.85B	HK$5.29B	HK$7.25B	HK$7.86B	HK$8.61B	HK$10.7B	HK$5.27B	HK$8.15B	HK$8.96B	HK$12.1B
Taxes payable	HK$1.69B	HK$2.09B	HK$2.51B	HK$2.36B	HK$3.15B	HK$3.47B	HK$2.82B	HK$1.35B	HK$2.4B	HK$0
Deferred revenue	HK$744M	HK$3.81B	HK$3.45B	HK$6.37B	HK$3.79B	HK$5.3B	HK$2.6B	HK$1.67B	HK$0	HK$1.45B
Other current liabilities	HK$9.45B	HK$6.61B	HK$1.98B	HK$2.2B	HK$4.9B	HK$3.98B	HK$5.68B	HK$2.17B	HK$7.15B	HK$3.1B
Current liabilities	HK$22.7B	HK$20B	HK$18.8B	HK$21.8B	HK$23.1B	HK$26.8B	HK$17.1B	HK$18.9B	HK$19.5B	HK$22.9B
Long-term debt	HK$9.01B	HK$13.8B	HK$20.3B	HK$16.5B	HK$8.62B	HK$7.67B	HK$14.5B	HK$14.8B	HK$12.7B	HK$10.7B
Lease obligations (non-current)	HK$0	HK$0	HK$0	HK$10.3M	HK$9.79M	HK$6.43M	HK$4.71M	HK$1.97M	HK$11.9M	HK$12.7M
Deferred revenue (non-current)	-HK$6.37B	HK$13.8B	HK$20.3B	HK$16.5B	HK$0	HK$7.67B	HK$14.5B	HK$0	HK$0	HK$0
Deferred tax liabilities	HK$760M	HK$783M	HK$731M	HK$698M	HK$691M	HK$612M	HK$978M	HK$832M	HK$786M	HK$421M
Non-current liabilities	HK$9.77B	HK$14.6B	HK$21B	HK$17.3B	HK$9.32B	HK$8.29B	HK$15.5B	HK$15.6B	HK$13.5B	HK$11.1B
Total liabilities	HK$32.5B	HK$34.6B	HK$39.8B	HK$39.1B	HK$32.5B	HK$35.1B	HK$32.6B	HK$34.5B	HK$33B	HK$34B
Equity
Common stock & paid-in capital	HK$104M	HK$107M	HK$108M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M	HK$111M
Retained earnings	HK$31.4B	HK$35.1B	HK$38.5B	HK$40.2B	HK$43B	HK$50.3B	HK$50.1B	HK$50.1B	HK$50.8B	HK$53.2B
Accumulated other comprehensive income	-HK$19.1B	-HK$21.2B	-HK$20.6B	HK$3.27B	HK$6.23B	HK$6.01B	HK$3.24B	HK$2.86B	HK$2.27B	HK$4.73B
Shareholders' equity	HK$37.6B	HK$46B	HK$47.3B	HK$50.2B	HK$55.9B	HK$63B	HK$60.1B	HK$59.7B	HK$59.8B	HK$64.7B
Debt
Total debt (incl. leases)	HK$16.9B	HK$19.1B	HK$27.5B	HK$24.4B	HK$17.2B	HK$18.4B	HK$19.8B	HK$22.9B	HK$21.7B	HK$22.8B
Net debt (debt - cash)	HK$10.4B	HK$11B	HK$20B	HK$18.2B	HK$10.7B	HK$12.9B	HK$13.1B	HK$18.8B	HK$17.8B	HK$19.3B

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in HKD.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02