Shenwan Hongyuan Group 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	33,687	33,870	33,453	32,096	31,039	22,923
Short-Term Investments	119,901	124,079	90,225	98,564	102,940	102,531
Trading Asset Securities	280,262	170,765	228,177	154,262	153,565	107,317
Accounts Receivable	90,365	75,160	64,906	65,876	80,374	77,245
Other Receivables	3,595	1,342	1,297	1,109	850.7	868.65
Property, Plant & Equipment	1,991	2,173	2,425	2,302	2,302	2,160
Goodwill	-	-	-	19.65	-	-
Other Intangible Assets	362.84	407.27	311.59	291.29	250.18	187.9
Investments in Debt & Equity Securities	127,895	143,922	160,670	19,545	21,554	37,989
Other Current Assets	27,281	112,827	18,433	189,266	175,478	95,974
Long-Term Deferred Tax Assets	1,015	1,621	2,740	3,461	2,570	2,207
Other Long-Term Assets	35,618	30,691	31,729	45,508	27,821	39,615
Total Assets	721,973	697,597	635,437	613,117	601,011	491,124
Accounts Payable	163,692	127,085	100,072	311.32	404.56	351.42
Accrued Expenses	-	2,198	2,565	102,779	107,927	101,362
Short-Term Debt	66,014	62,724	40,476	31,983	44,493	51,503
Current Portion of Long-Term Debt	190,580	221,902	197,587	153,494	-	-
Current Portion of Leases	-	329.48	369.69	370.36	305.44	368.73
Other Current Liabilities	12,033	67,690	57,542	38,649	23,765	9,586
Long-Term Debt	109,651	77,252	102,857	151,065	298,464	221,482
Long-Term Leases	825.31	546.83	645.83	555.64	663.78	494.09
Long-Term Unearned Revenue	30.62	-	-	108.36	215.12	218.5
Long-Term Deferred Tax Liabilities	69.8	48.14	30.53	5.39	27.3	2.15
Other Long-Term Liabilities	31,106	321.77	729.2	16,734	16,638	14,901
Total Liabilities	582,431	564,248	506,643	496,437	493,957	401,034
Common Stock	25,040	25,040	25,040	25,040	25,040	25,040
Additional Paid-In Capital	-	-	-	19,367	19,367	19,367
Retained Earnings	64,661	57,978	54,931	51,478	51,455	44,988
Comprehensive Income & Other	21,491	21,766	20,174	-840.63	-640.31	-930.71
Total Common Equity	111,192	104,784	100,145	95,045	95,222	88,465
Minority Interest	28,350	28,565	28,649	21,635	11,833	1,626
Shareholders' Equity	139,542	133,349	128,794	116,680	107,055	90,091
Total Liabilities & Equity	721,973	697,597	635,437	613,117	601,011	491,124
Total Debt	367,070	362,754	341,936	337,468	343,927	273,849
Net Cash (Debt)	66,780	-34,040	9,920	-52,547	-56,384	-41,078
Net Cash Growth	-37.55%	-	-	-	-	-
Net Cash Per Share	2.72	-1.36	0.40	-2.10	-2.25	-1.64
Filing Date Shares Outstanding	25,040	25,040	25,040	25,040	25,040	25,040
Total Common Shares Outstanding	25,040	25,040	25,040	25,040	25,040	25,040
Working Capital	122,018	36,575	38,698	214,172	368,664	245,026
Book Value Per Share	4.44	4.18	4.00	3.80	3.80	3.53
Tangible Book Value	110,830	104,377	99,833	94,734	94,972	88,277
Tangible Book Value Per Share	4.43	4.17	3.99	3.78	3.79	3.53

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