Huatai 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	39,013	39,521	46,296	45,181	37,238	49,651
Short-Term Investments	179,262	153,346	116,483	145,255	155,392	144,171
Trading Asset Securities	372,359	173,320	262,524	228,786	246,056	171,205
Accounts Receivable	169,776	136,333	118,362	105,761	119,696	105,986
Other Receivables	10,448	2,587	1,478	1,521	2,300	1,978
Property, Plant & Equipment	6,580	6,489	6,520	6,287	5,178	5,014
Goodwill	252.92	51.34	3,419	3,352	2,836	2,261
Other Intangible Assets	2,134	2,036	7,515	7,440	6,791	5,276
Investments in Debt & Equity Securities	126,920	24,759	28,584	22,672	51,796	55,587
Other Current Assets	114,292	217,707	253,731	222,512	130,492	130,494
Long-Term Deferred Tax Assets	1,845	1,592	702.72	600.47	654.65	339.5
Other Long-Term Assets	2,966	56,287	59,580	56,902	47,940	44,505
Total Assets	1,025,849	814,270	905,508	846,571	806,651	716,751
Accounts Payable	232,632	256,036	247,290	252,369	245,112	177,833
Accrued Expenses	-	10,701	10,638	11,948	6,922	5,179
Short-Term Debt	279,318	194,322	237,428	69,286	217,463	213,365
Current Portion of Long-Term Debt	-	-	-	2,803	35,372	11,429
Current Portion of Leases	-	432.67	540.88	492.67	330.26	398.07
Other Current Liabilities	128,738	42,647	61,411	54,420	35,805	75,211
Long-Term Debt	159,938	115,459	160,463	281,539	98,689	86,100
Long-Term Leases	1,051	581.94	927.28	1,026	900.3	850.73
Long-Term Unearned Revenue	164.67	114.03	187.24	229.09	-	-
Long-Term Deferred Tax Liabilities	774.54	476.55	1,961	2,200	2,619	2,546
Other Long-Term Liabilities	3,244	1,067	1,586	1,389	2,833	3,185
Total Liabilities	820,384	622,377	723,291	678,714	654,615	584,439
Common Stock	9,027	9,027	9,075	9,076	9,077	9,077
Additional Paid-In Capital	68,837	68,838	69,602	70,482	-	-
Retained Earnings	92,121	83,906	74,727	66,747	60,236	50,503
Comprehensive Income & Other	35,431	30,003	26,769	19,993	80,342	71,119
Total Common Equity	205,409	191,674	179,108	165,095	148,423	129,072
Minority Interest	55.88	220.02	3,109	2,762	3,613	3,241
Shareholders' Equity	205,465	191,894	182,217	167,857	152,036	132,312
Total Liabilities & Equity	1,025,849	814,270	905,508	846,571	806,651	716,751
Total Debt	440,308	310,795	399,360	355,147	352,755	312,143
Net Cash (Debt)	150,326	55,392	25,945	64,075	85,931	52,885
Net Cash Growth	-41.24%	113.50%	-59.51%	-25.43%	62.49%	-3.35%
Net Cash Per Share	16.65	6.14	2.88	7.13	9.56	5.86
Filing Date Shares Outstanding	10,260	7,794	7,793	8,008	8,986	8,989
Total Common Shares Outstanding	10,260	7,794	7,793	8,008	8,986	8,989
Working Capital	243,279	218,496	241,073	357,173	148,657	118,702
Book Value Per Share	16.78	20.96	19.69	18.22	16.52	14.36
Tangible Book Value	203,022	189,587	168,174	154,303	138,796	121,534
Tangible Book Value Per Share	16.54	20.69	18.28	16.87	15.45	13.52

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