Annual Report 2025 – HealthBank Holdings Limited
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Income | |||
| RevenueRMB'000 | 140 | 188 | PDF p. 64 |
| Other incomeRMB'000 | 117 | 13 | PDF p. 64 |
| Other losses | |||
| – Fair value loss on FVTPLRMB'000 | (1,462) | (1,922) | PDF p. 64 |
| – Loan to a non-related party written offRMB'000 | – | (3,902) | PDF p. 64 |
| – Currency exchange loss – netRMB'000 | (18) | (89) | PDF p. 64 |
| SubtotalRMB'000 | (1,480) | (5,913) | PDF p. 64 |
| Expenses | |||
| – Auditor’s remunerationRMB'000 | (371) | (368) | PDF p. 64 |
| – Depreciation of plant and equipmentRMB'000 | – | (3) | PDF p. 64 |
| – Directors’ feesRMB'000 | – | (334) | PDF p. 64 |
| – Employee compensationRMB'000 | (655) | (826) | PDF p. 64 |
| – Finance costsRMB'000 | – | (1) | PDF p. 64 |
| – Professional feesRMB'000 | (364) | (375) | PDF p. 64 |
| – Rental on short-term operating leaseRMB'000 | (158) | (141) | PDF p. 64 |
| – Other expensesRMB'000 | (521) | (460) | PDF p. 64 |
| Total expensesRMB'000 | (2,069) | (2,508) | PDF p. 64 |
| Income | |||
| Loss before taxRMB'000 | (3,292) | (8,220) | PDF p. 64 |
| Tax expenseRMB'000 | – | – | PDF p. 64 |
| Net loss after taxRMB'000 | (3,292) | (8,220) | PDF p. 64 |
| Other comprehensive income | |||
| Currency translation differences arising from consolidation – GainRMB'000 | 23 | 10 | PDF p. 64 |
| Other comprehensive income, net of taxRMB'000 | 23 | 10 | PDF p. 64 |
| Total comprehensive lossRMB'000 | (3,269) | (8,210) | PDF p. 64 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (3,234) | (8,169) | PDF p. 64 |
| Non-controlling interestsRMB'000 | (58) | (51) | PDF p. 64 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (3,211) | (8,159) | PDF p. 64 |
| Non-controlling interestsRMB'000 | (58) | (51) | PDF p. 64 |
| Loss per share (RMB cents per share) | |||
| – Basic loss per shareRMB cents per share | (3.37) | (8.66) | PDF p. 64 |
| – Diluted loss per shareRMB cents per share | (3.37) | (8.66) | PDF p. 64 |
Original report: PDF p. 64 ↗
The accompanying notes form an integral part of these financial statements.
Unlabelled subtotal rows under Other losses and attribution blocks are totals as printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balancesRMB'000 | 1,676 | 1,330 | PDF p. 65 |
| Other receivablesRMB'000 | 165 | 1,216 | PDF p. 65 |
| SubtotalRMB'000 | 1,841 | 2,546 | PDF p. 65 |
| Non-current assets | |||
| Financial assets, at FVTPLRMB'000 | 13,159 | 14,621 | PDF p. 65 |
| ASSETS | |||
| Total assetsRMB'000 | 15,000 | 17,167 | PDF p. 65 |
| Current liability | |||
| Other payablesRMB'000 | 930 | 993 | PDF p. 65 |
| LIABILITIES | |||
| Total liabilitiesRMB'000 | 930 | 993 | PDF p. 65 |
| Net assets | |||
| NET ASSETSRMB'000 | 14,070 | 16,174 | PDF p. 65 |
| EQUITY | |||
| Share capitalRMB'000 | 38,672 | 37,507 | PDF p. 65 |
| Other reservesRMB'000 | 5,055 | 5,032 | PDF p. 65 |
| Accumulated lossesRMB'000 | (29,467) | (26,233) | PDF p. 65 |
| SubtotalRMB'000 | 14,260 | 16,306 | PDF p. 65 |
| Non-controlling interestsRMB'000 | (190) | (132) | PDF p. 65 |
| Total equityRMB'000 | 14,070 | 16,174 | PDF p. 65 |
Original report: PDF p. 65 ↗
As at 31 December 2025. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company | 2024Company | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balancesRMB'000 | 1,575 | 1,220 | PDF p. 66 |
| Other receivablesRMB'000 | 165 | 1,216 | PDF p. 66 |
| SubtotalRMB'000 | 1,740 | 2,436 | PDF p. 66 |
| Non-current assets | |||
| Investments in subsidiary corporationsRMB'000 | 13,159 | 14,621 | PDF p. 66 |
| ASSETS | |||
| Total assetsRMB'000 | 14,899 | 17,057 | PDF p. 66 |
| Current liability | |||
| Other payablesRMB'000 | 476 | 638 | PDF p. 66 |
| LIABILITIES | |||
| Total liabilitiesRMB'000 | 476 | 638 | PDF p. 66 |
| Net assets | |||
| NET ASSETSRMB'000 | 14,423 | 16,419 | PDF p. 66 |
| EQUITY | |||
| Share capitalRMB'000 | 38,672 | 37,507 | PDF p. 66 |
| Other reservesRMB'000 | 6,187 | 6,151 | PDF p. 66 |
| Accumulated lossesRMB'000 | (30,436) | (27,239) | PDF p. 66 |
| Total equityRMB'000 | 14,423 | 16,419 | PDF p. 66 |
Original report: PDF p. 66 ↗
As at 31 December 2025. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Income | |||
| RevenueRMB'000 | 140 | 188 | PDF p. 64 |
| Other incomeRMB'000 | 117 | 13 | PDF p. 64 |
| Other losses | |||
| – Fair value loss on FVTPLRMB'000 | (1,462) | (1,922) | PDF p. 64 |
| – Loan to a non-related party written offRMB'000 | – | (3,902) | PDF p. 64 |
| – Currency exchange loss – netRMB'000 | (18) | (89) | PDF p. 64 |
| Expenses | |||
| Total expensesRMB'000 | (2,069) | (2,508) | PDF p. 64 |
| Income | |||
| Loss before taxRMB'000 | (3,292) | (8,220) | PDF p. 64 |
| Tax expenseRMB'000 | – | – | PDF p. 64 |
| Net loss after taxRMB'000 | (3,292) | (8,220) | PDF p. 64 |
| Other comprehensive income | |||
| Other comprehensive income, net of taxRMB'000 | 23 | 10 | PDF p. 64 |
| Total comprehensive lossRMB'000 | (3,269) | (8,210) | PDF p. 64 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (3,234) | (8,169) | PDF p. 64 |
| Non-controlling interestsRMB'000 | (58) | (51) | PDF p. 64 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (3,211) | (8,159) | PDF p. 64 |
| Non-controlling interestsRMB'000 | (58) | (51) | PDF p. 64 |
| Loss per share | |||
| – Basic loss per shareRMB cents per share | (3.37) | (8.66) | PDF p. 64 |
| – Diluted loss per shareRMB cents per share | (3.37) | (8.66) | PDF p. 64 |
Original report: PDF p. 64 ↗
Currency RMB'000. Loss per share in RMB cents per share. Note column omitted. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group – Share capital | 2025Group – Other reserves | 2025Group – (Accumulated losses)/retained profits | 2025Group – Total attributable to equity holders of the Company | 2025Group – Non-controlling interests | 2025Group – Total equity | Source |
|---|---|---|---|---|---|---|---|
| 2025 | |||||||
| Beginning of financial yearRMB'000 | 37,507 | 5,032 | (26,233) | 16,306 | (132) | 16,174 | PDF p. 67 |
| Issuance of sharesRMB'000 | 1,165 | – | – | 1,165 | – | 1,165 | PDF p. 67 |
| Loss for the financial yearRMB'000 | – | – | (3,234) | (3,234) | (58) | (3,292) | PDF p. 67 |
| Other comprehensive income for the financial yearRMB'000 | – | 23 | – | 23 | – | 23 | PDF p. 67 |
| Total comprehensive income/(loss) for the financial yearRMB'000 | – | 23 | (3,234) | (3,211) | (58) | (3,269) | PDF p. 67 |
| End of financial yearRMB'000 | 38,672 | 5,055 | (29,467) | 14,260 | (190) | 14,070 | PDF p. 67 |
Original report: PDF p. 67 ↗
Currency RMB'000. Values in column order: Share capital, Other reserves, (Accumulated losses)/retained profits, Total, Non-controlling interests, Total equity. Note column omitted.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group – Share capital | 2024Group – Other reserves | 2024Group – (Accumulated losses)/retained profits | 2024Group – Total attributable to equity holders of the Company | 2024Group – Non-controlling interests | 2024Group – Total equity | Source |
|---|---|---|---|---|---|---|---|
| 2024 | |||||||
| Beginning of financial yearRMB'000 | 37,507 | 5,022 | (18,064) | 24,465 | (81) | 24,384 | PDF p. 67 |
| Loss for the financial yearRMB'000 | – | – | (8,169) | (8,169) | (51) | (8,220) | PDF p. 67 |
| Other comprehensive income for the financial yearRMB'000 | – | 10 | – | 10 | – | 10 | PDF p. 67 |
| Total comprehensive income/(loss) for the financial yearRMB'000 | – | 10 | (8,169) | (8,159) | (51) | (8,210) | PDF p. 67 |
| End of financial yearRMB'000 | 37,507 | 5,032 | (26,233) | 16,306 | (132) | 16,174 | PDF p. 67 |
Original report: PDF p. 67 ↗
Currency RMB'000. Values in column order: Share capital, Other reserves, (Accumulated losses)/retained profits, Total, Non-controlling interests, Total equity. The report presents no separate Company statement of changes in equity; see the Company accumulated losses/currency translation reserve movement tables.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Net lossRMB'000 | (3,292) | (8,220) | PDF p. 68 |
| Cash flows from operating activities – Adjustments for | |||
| – Depreciation of plant and equipmentRMB'000 | – | 3 | PDF p. 68 |
| – Fair value loss on FVTPLRMB'000 | 1,462 | 1,922 | PDF p. 68 |
| – Unrealised currency translation differencesRMB'000 | 25 | 66 | PDF p. 68 |
| – Loan to a non-related party written offRMB'000 | – | 3,902 | PDF p. 68 |
| Cash flows from operating activities | |||
| Operating cash flow before working capital changes (unlabelled subtotal)RMB'000 | (1,805) | (2,327) | PDF p. 68 |
| Change in working capital | |||
| – Other receivablesRMB'000 | (43) | (89) | PDF p. 68 |
| – Other payablesRMB'000 | (63) | (4) | PDF p. 68 |
| Cash flows from operating activities | |||
| Net cash used in operating activitiesRMB'000 | (1,911) | (2,420) | PDF p. 68 |
| Cash flows from investing activity | |||
| Repayment from a non-related partyRMB'000 | 1,092 | 2,714 | PDF p. 68 |
| Net cash provided by investing activityRMB'000 | 1,092 | 2,714 | PDF p. 68 |
| Cash flows from financing activity | |||
| Proceeds from issuance of share capitalRMB'000 | 1,165 | – | PDF p. 68 |
| Net cash provided by financing activityRMB'000 | 1,165 | – | PDF p. 68 |
| Cash and cash equivalents | |||
| Net increase in cash and bank balancesRMB'000 | 346 | 294 | PDF p. 68 |
| Cash and bank balances | |||
| Beginning of financial yearRMB'000 | 1,330 | 1,036 | PDF p. 68 |
| End of financial yearRMB'000 | 1,676 | 1,330 | PDF p. 68 |
Original report: PDF p. 68 ↗
Currency RMB'000. Note column omitted. The accompanying notes form an integral part of these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company | 2024Company | Source |
|---|---|---|---|
| Accumulated losses | |||
| Beginning of financial yearRMB'000 | (27,239) | (17,982) | PDF p. 89 |
| Net lossRMB'000 | (3,198) | (9,257) | PDF p. 89 |
| End of financial yearRMB'000 | (30,436) | (27,239) | PDF p. 89 |
Original report: PDF p. 89 ↗
Currency RMB'000. Company has no separate statement of changes in equity or cash flow statement in the report; this note is the only Company equity movement disclosure found.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group FY2025 (RMB'000) | 2024Group FY2024 (RMB'000) | 2025Change (RMB'000), FY2025 vs FY2024 | 2025Change (%), FY2025 vs FY2024 | Source |
|---|---|---|---|---|---|
| Financial Results | |||||
| RevenueRMB'000 (change % in %) | 140 | 188 | (48) | (26) | PDF p. 13 |
| Other incomeRMB'000 (change % in %) | 117 | 13 | 104 | >100 | PDF p. 13 |
| Other lossesRMB'000 (change % in %) | (1,480) | (5,913) | 4,433 | (75) | PDF p. 13 |
| Total expensesRMB'000 (change % in %) | (2,069) | (2,508) | 439 | (18) | PDF p. 13 |
| Loss before income taxRMB'000 (change % in %) | (3,292) | (8,220) | 4,928 | (60) | PDF p. 13 |
| Total LossRMB'000 (change % in %) | (3,292) | (8,220) | 4,928 | (60) | PDF p. 13 |
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group 31 Dec 2025 (RMB'000) | 2024Group 31 Dec 2024 (RMB'000) | 2025Change (RMB'000), 31 Dec 2025 vs 31 Dec 2024 | 2025Change (%), 31 Dec 2025 vs 31 Dec 2024 | Source |
|---|---|---|---|---|---|
| Financial Position | |||||
| Current assetsRMB'000 (change % in %) | 1,841 | 2,546 | (705) | (28) | PDF p. 13 |
| Non-current assetsRMB'000 (change % in %) | 13,159 | 14,621 | (1,462) | (10) | PDF p. 13 |
| Total AssetsRMB'000 (change % in %) | 15,000 | 17,167 | (2,167) | (13) | PDF p. 13 |
| Current liabilitiesRMB'000 (change % in %) | 930 | 993 | (63) | (6) | PDF p. 13 |
| Total LiabilitiesRMB'000 (change % in %) | 930 | 993 | (63) | (6) | PDF p. 13 |
| Net AssetsRMB'000 (change % in %) | 14,070 | 16,174 | (2,104) | (13) | PDF p. 13 |
| Share capitalRMB'000 (change % in %) | 38,672 | 37,507 | 1,165 | 3 | PDF p. 13 |
| Accumulated lossesRMB'000 (change % in %) | (29,467) | (26,233) | (3,234) | 12 | PDF p. 13 |
| Attributable to equity holders of the CompanyRMB'000 (change % in %) | 14,260 | 16,306 | (2,046) | (13) | PDF p. 13 |
| Non-controlling interestsRMB'000 (change % in %) | (190) | (132) | (58) | 44 | PDF p. 13 |
| Total EquityRMB'000 (change % in %) | 14,070 | 16,174 | (2,104) | (13) | PDF p. 13 |
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group FY2025 (RMB'000) | 2024Group FY2024 (RMB'000) | 2025Change (RMB'000), FY2025 vs FY2024 | 2025Change (%), FY2025 vs FY2024 | Source |
|---|---|---|---|---|---|
| Cash Flow Summary | |||||
| Net cash used in operating activitiesRMB'000 (change % in %) | (1,911) | (2,420) | 509 | (21) | PDF p. 13 |
| Net cash generated from investing activitiesRMB'000 (change % in %) | 1,092 | 2,714 | (1,622) | (60) | PDF p. 13 |
| Net cash generated from financing activitiesRMB'000 (change % in %) | 1,165 | – | 1,165 | NM | PDF p. 13 |
| Net increase in cash and bank balancesRMB'000 (change % in %) | 346 | 294 | 52 | 18 | PDF p. 13 |
| Cash and bank balances at the end of yearRMB'000 (change % in %) | 1,676 | 1,330 | 346 | 26 | PDF p. 13 |
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group 2025 | 2024Group 2024 | Source |
|---|---|---|---|
| Basic loss per share | |||
| Net loss attributable to equity holders of the Company (RMB’000)RMB'000 | (3,234) | (8,169) | PDF p. 83 |
| Weighted average number of ordinary shares outstanding for basic loss per share (’000)'000 shares | 95,914 | 94,300 | PDF p. 83 |
| Basic loss per share (RMB cents per share)RMB cents per share | (3.37) | (8.66) | PDF p. 83 |
| Diluted loss per share | |||
| Diluted loss per share (RMB cents per share)RMB cents per share | (3.37) | (8.66) | PDF p. 83 |
Original report: PDF p. 83 ↗
Diluted calculation uses the same net loss ((3,234) / (8,169) RMB'000) and weighted average shares (95,914 / 94,300 thousand) as basic.
There were no dilutive potential ordinary shares in 2025 and 2024; issuable shares due after the reporting period were anti-dilutive and excluded.
Where the money comes from
| Item / unit | 2025HQ and other investing activities | 2024HQ and other investing activities | 2025Landscaping Management services | 2024Landscaping Management services | 2025Consulting services | 2024Consulting services | 2025Total | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Sales | |||||||||
| Segment revenueRMB’000 | – | – | – | – | 140 | 188 | 140 | 188 | PDF p. 97 |
| Expenses | |||||||||
| Employee compensationRMB’000 | (405) | (566) | (36) | (46) | (214) | (214) | (655) | (826) | PDF p. 97 |
| Professional feesRMB’000 | (364) | (372) | – | (3) | – | – | (364) | (375) | PDF p. 97 |
| Adjusted LBITDARMB’000 | (3,173) | (8,112) | (45) | (78) | (74) | (26) | (3,292) | (8,216) | PDF p. 97 |
| Depreciation of plant and equipmentRMB’000 | – | (3) | – | – | – | – | – | (3) | PDF p. 97 |
| Finance expensesRMB’000 | – | (1) | – | – | – | – | – | (1) | PDF p. 97 |
| Segment assets and liabilities | |||||||||
| Segment assetsRMB’000 | 14,975 | 17,109 | 25 | 58 | – | – | 15,000 | 17,167 | PDF p. 97 |
| Segment liabilitiesRMB’000 | (517) | (666) | (413) | (327) | – | – | (930) | (993) | PDF p. 97 |
Header prints 'Landscaping Management services' split across lines. Segment measure is Adjusted LBITDA (loss before interest, tax and depreciation). Interest income and finance expenses not allocated to segments. Segment assets/liabilities are consistent with the financial statements, so no reconciliation is given.
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Segment profits | |||
| Adjusted and total LBITDA for reportable segmentsRMB’000 | (3,292) | (8,216) | PDF p. 97 |
| DepreciationRMB’000 | – | (3) | PDF p. 97 |
| Finance expenseRMB’000 | – | (1) | PDF p. 97 |
| Loss before taxRMB’000 | (3,292) | (8,220) | PDF p. 97 |
The 'Adjusted and total LBITDA for reportable segments' label wraps over two lines; the quoted fragment is the values line.
| Item / unit | 2025HQ and other investing activities | 2024HQ and other investing activities | 2025Landscaping Management services | 2024Landscaping Management services | 2025Consulting services | 2024Consulting services | 2025Total | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| PRCRMB’000 | – | – | – | – | 140 | 188 | 140 | 188 | PDF p. 98 |
| Non-current assets | |||||||||
| PRCRMB’000 | 13,159 | 14,621 | – | – | – | – | 13,159 | 14,621 | PDF p. 98 |
| SingaporeRMB’000 | – | – | – | – | – | – | – | – | PDF p. 98 |
| Total non-current assetsRMB’000 | 13,159 | 14,621 | – | – | – | – | 13,159 | 14,621 | PDF p. 98 |
Total non-current assets row has no printed label; label is a descriptor for the unlabeled subtotal row. Singapore: the Company is headquartered and has no operations in Singapore. PRC operations provide landscaping management and consulting services.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a fixed dividend policy. The form, frequency and amount of dividends payable will be decided by the Board having regard to the Company’s earnings, general financial condition, results of operations, capital requirement, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. | Company | PDF p. 52 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend declared or recommended for FY2025 | No dividend has been declared or recommended in view of the losses incurred for FY2025. | FY2025 | PDF p. 52 |
Extracted from Annual Report 2025 – HealthBank Holdings Limited and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | CLA Global TS Public Accounting Corporation | Group and Company, FY2025 | PDF p. 63 |
| Engagement director | Hock Xiu Min, Sandy | Group and Company, FY2025 | PDF p. 63 |
| Opinion | properly drawn up in accordance with the provisions of the Singapore Companies Act 1967 | Group and Company, year ended 31 December 2025 · As at 2025-12-31 | PDF p. 59 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Financial assets, at fair value through profit or loss (“FVTPL”) | the valuation of these instruments is considered as a key audit matter because of its nature, financial significance, and significant assumptions and judgements applied in determining the appropriate valuation methodology and fair value as at 31 December 2025 | Group, 31 December 2025 · As at 2025-12-31 | PDF p. 60 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern assumption | management has prepared the financial statements on a going concern basis | Group and Company, FY2025 | PDF p. 70 |
Extracted from Annual Report 2025 – HealthBank Holdings Limited and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual Report 2025 – HealthBank Holdings Limited, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.