Lianhe Sowell International Group Ltd balance sheet
At the end of fiscal 2026, Lianhe Sowell International Group Ltd had total assets of $41.0m, total liabilities of $27.0m and shareholders' equity of $13.9m. It held $1.9m in cash against $6.4m of debt: net debt of $4.5m.
Balance sheet
| Fiscal year | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|
| Cash and equivalents | 1 | 0 | 0 | 2 |
| Receivables | — | 13 | 19 | 15 |
| Inventory | — | — | — | 1 |
| Total current assets | — | 15 | 23 | 27 |
| Total assets | — | 19 | 31 | 41 |
| Accounts payable | — | 5 | 12 | 10 |
| Deferred revenue (current) | 0 | 1 | 1 | 1 |
| Total current liabilities | — | 11 | 19 | 26 |
| Short-term debt | — | 2 | 0 | 0 |
| Total debt | 0 | 2 | 2 | 6 |
| Total liabilities | — | 11 | 19 | 27 |
| Shareholders' equity | 3 | 8 | 12 | 14 |
| Net debt (negative = net cash) | −1 | 1 | 2 | 4 |
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