{"url_path":"/sec/slbt/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-18","source_url":"https://www.sec.gov/Archives/edgar/data/2070534/0001213900-26-070158-index.html","accession_number":"0001213900-26-070158","cik":"0002070534","ticker":"SLBT","issuer_name":"SL Science Holding Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/2070534/0001213900-26-070158-index.html","primary_entity_key":"0002070534","primary_entity_name":"SL Science Holding Ltd"},"word_count":255,"has_tables":true,"body_markdown":"** **\n\n**ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**\n\n*Concentration of credit risk*\n\nFinancial instruments that\npotentially expose the Group to the concentration of credit risk consist primarily of cash and cash equivalents, restricted cash, accounts\nreceivable, prepaid expenses and other current assets. The Group places its cash and cash equivalents and restricted cash with financial\ninstitutions with credit ratings and quality where the Group considers acceptable.\n\nThe risks with respect to accounts\nreceivable are mitigated by credit evaluations performed on the debtors and ongoing monitoring of outstanding balances.\n\n* *\n\n*Foreign currency exchange risk*\n\nThe reporting currency of the\nGroup is US$, to date the majority of the revenues and costs are denominated in NTD and a significant portion of the assets and liabilities\nare denominated in NTD. As a result, the Group is exposed to foreign currency exchange risk as its revenues and results of operations\nmay be affected by fluctuations in the exchange rate between US$ and NTD. If NTD depreciates against US$, the value of NTD revenues\nand assets as expressed in US$ financial statements will decline. The Group does not hold any derivative or other financial instruments\nthat expose to substantial market risk.\n\nNTD is not a freely convertible\ncurrency. The Central Bank of the Republic of China, under the authority of Taiwan government, controls the conversion of NTD to foreign\ncurrencies. There are restrictions and limits on the conversion of NTD to other currencies, especially for capital account transactions.\nIndividuals and businesses face conversion quotas and approvals required from the authorities."}