Soho Holly Futures Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	7,334	7,990	7,209	4,841	6,349	4,144
Short-Term Investments	94.23	93.97	96.25	1.95	-	6.72
Trading Asset Securities	363.73	340.75	292.25	439.9	578.07	840.89
Accounts Receivable	4,415	3,187	2,849	3,355	2,055	406.72
Other Receivables	11.56	49.38	80.15	71.93	61.7	26.91
Property, Plant & Equipment	292.71	298.85	320.57	340.76	346.8	39.56
Other Intangible Assets	0.83	0.89	1.07	0.54	0.54	1.03
Investments in Debt & Equity Securities	28.05	27.81	38.56	1.85	1.85	1.81
Other Current Assets	98.03	592.99	731.85	112.25	1,018	2,591
Long-Term Deferred Tax Assets	18	17.39	18.35	21	16.64	7.39
Other Long-Term Assets	189.93	56.84	57.18	56.83	56.67	10.62
Total Assets	12,846	12,662	11,699	9,313	10,484	8,083
Accounts Payable	10,566	10,277	9,085	6,902	8,160	6,017
Accrued Expenses	2.57	7.26	10.73	6.18	7.89	24.22
Short-Term Debt	12.24	11	43.18	120.53	57.77	34.14
Current Portion of Leases	-	6.76	10.43	14.91	13.34	11.05
Other Current Liabilities	161.29	292.88	488.04	181.33	146.4	27.14
Long-Term Debt	-	-	-	61.14	89.17	117.2
Long-Term Leases	9.33	4.43	5.24	8.74	9.23	13.78
Long-Term Unearned Revenue	-	-	-	-	-	1
Long-Term Deferred Tax Liabilities	2.33	2.45	3.39	-	-	-
Other Long-Term Liabilities	205.25	195.72	176.75	169.22	160.85	151.22
Total Liabilities	10,973	10,797	9,823	7,466	8,647	6,401
Common Stock	1,008	1,008	1,008	1,008	1,008	907
Additional Paid-In Capital	-	593.7	593.7	593.7	593.7	533.12
Retained Earnings	266.88	254.38	260.46	234.67	226.87	244.73
Comprehensive Income & Other	598.41	9.03	14.84	11.35	8.97	-2.68
Shareholders' Equity	1,873	1,865	1,877	1,847	1,837	1,682
Total Liabilities & Equity	12,846	12,662	11,699	9,313	10,484	8,083
Total Debt	21.58	22.2	58.85	205.33	169.52	176.17
Net Cash (Debt)	7,770	8,403	7,538	5,077	6,757	4,815
Net Cash Growth	69.95%	11.47%	48.47%	-24.86%	40.34%	24.79%
Net Cash Per Share	7.77	8.42	7.48	5.02	7.20	5.31
Filing Date Shares Outstanding	1,008	1,008	1,008	1,008	1,008	907
Total Common Shares Outstanding	1,008	1,008	1,008	1,008	1,008	907
Working Capital	1,560	1,660	1,621	1,659	1,674	1,898
Book Value Per Share	1.86	1.85	1.86	1.83	1.82	1.85
Tangible Book Value	1,872	1,864	1,876	1,847	1,837	1,681
Tangible Book Value Per Share	1.86	1.85	1.86	1.83	1.82	1.85

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