Guotai Haitong Securities Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	77,060	26,714	30,740	30,748	31,656	25,275
Short-Term Investments	409,670	244,952	200,802	219,454	198,105	183,355
Trading Asset Securities	683,589	417,490	382,247	339,634	288,542	230,940
Accounts Receivable	251,895	114,773	99,677	92,962	114,211	102,419
Other Receivables	45,583	5,405	7,972	6,800	6,288	6,425
Property, Plant & Equipment	21,959	5,572	5,731	4,701	4,504	6,422
Goodwill	4,052	4,071	4,071	4,071	20.9	599.81
Other Intangible Assets	3,005	1,609	1,530	1,443	1,391	2,425
Investments in Debt & Equity Securities	211,236	112,044	99,637	66,677	69,319	90,130
Other Current Assets	175,254	97,414	75,234	77,278	60,400	47,997
Long-Term Deferred Tax Assets	4,371	1,424	2,458	2,457	1,845	1,762
Other Long-Term Assets	121,251	14,667	13,983	13,772	14,008	4,166
Total Assets	2,008,926	1,047,745	925,402	860,708	791,273	702,899
Accounts Payable	587,748	140,596	102,068	104,793	105,120	106,292
Accrued Expenses	10,929	8,592	8,141	9,643	8,838	8,080
Short-Term Debt	592,614	316,433	271,097	219,492	237,137	221,081
Current Portion of Long-Term Debt	-	31,392	30,299	33,725	22,337	20,782
Other Current Liabilities	98,119	78,948	77,163	77,732	54,275	55,676
Long-Term Debt	340,578	106,923	108,027	96,018	106,499	73,667
Long-Term Leases	2,162	1,642	1,829	1,885	1,940	1,954
Long-Term Unearned Revenue	225.15	22.08	80.14	96.6	-	-
Long-Term Deferred Tax Liabilities	1,322	397.06	155.14	128.52	111.31	139.06
Other Long-Term Liabilities	30,112	184,493	151,909	151,277	102,106	67,342
Total Liabilities	1,670,009	870,272	752,024	696,862	640,636	556,661
Common Stock	17,629	8,904	8,905	8,907	8,908	8,908
Additional Paid-In Capital	-	-	-	46,069	45,803	45,571
Retained Earnings	112,616	98,198	91,036	87,453	82,840	73,127
Comprehensive Income & Other	195,174	63,847	67,391	15,683	10,212	10,524
Total Common Equity	324,142	170,775	166,969	157,718	147,124	137,353
Minority Interest	14,775	6,698	6,409	6,127	3,513	8,885
Shareholders' Equity	338,917	177,474	173,378	163,845	150,637	146,238
Total Liabilities & Equity	2,008,926	1,047,745	925,402	860,708	791,273	702,899
Total Debt	935,354	456,390	411,253	351,120	367,913	317,484
Net Cash (Debt)	234,966	232,766	202,536	238,716	150,391	122,088
Net Cash Growth	-13.61%	14.92%	-15.16%	58.73%	23.18%	-3.18%
Net Cash Per Share	17.66	26.21	22.39	25.87	16.33	13.22
Filing Date Shares Outstanding	18,022	7,184	8,844	8,844	8,819	8,819
Total Common Shares Outstanding	18,022	7,184	8,844	8,844	8,819	8,819
Working Capital	347,441	331,221	307,621	319,887	269,945	183,362
Book Value Per Share	17.43	21.69	16.63	16.15	15.55	14.45
Tangible Book Value	317,085	165,095	161,368	152,205	145,712	134,328
Tangible Book Value Per Share	17.04	20.90	15.99	15.52	15.39	14.10

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.