Company: BGHL
Filing Date: 2025-08-29
Form Type: F-1
Source: 0001213900-25-082403
Chunk: 179

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-08-29
Form: F-1
Chunk 179
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     |            — |     |        9,252 |
| Sundry income |     |          651 |     |        5,077 |     |       14,013 |
|               |     |          651 |     |        5,077 |     |       23,265 |

4. INVENTORIES Inventories consist of the following:

|                                         |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2024 |   |     |        As at 
 December 31, 
         2023 |
|:----------------------------------------|:----|-------------:|:--|:----|-------------:|:--|:----|-------------:|
|                                         |     |          US$ |   |     |          HK$ |   |     |          HK$ |
| Finished goods                          |     |       29,561 |   |     |      230,580 |   |     |    2,561,960 |
| Provision for write-down on inventories |     |         (674 | ) |     |       (5,260 | ) |     |            — |
|                                         |     |       28,887 |   |     |      225,320 |   |     |    2,561,960 |

The Group routinely evaluates the net realizable value of the inventories in light of current market conditions and market trends. The Group recognized provision for write -downon inventories of HK$5,260 and nil during the years ended December 31, 2024 and 2023, respectively. 5. ACCOUNTS RECEIVABLE, NET

|                     |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2024 |     |        As at 
 December 31, 
         2023 |
|:--------------------|:----|-------------:|:----|-------------:|:----|-------------:|
|                     |     |          US$ |     |          HK$ |     |          HK$ |
| Accounts receivable |     |    5,474,011 |     |   42,697,286 |     |   12,263,998 |

The Group normally allows credit terms to customers ranging from 60 to 90 days. The Group seeks to maintain strict control over its