China Galaxy Securities 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	23,031	18,318	16,289	19,117	18,765	13,450
Short-Term Investments	219,257	189,077	153,360	117,258	117,524	122,463
Trading Asset Securities	255,873	213,578	168,126	187,244	140,795	65,606
Accounts Receivable	150,954	153,865	112,365	104,323	94,974	108,500
Other Receivables	15,167	408.19	624.96	373.84	823.07	1,225
Property, Plant & Equipment	2,242	2,216	2,231	2,326	2,376	2,013
Goodwill	1,097	1,109	1,067	1,033	1,046	1,009
Other Intangible Assets	764	830.36	848.43	820.54	750.26	704.81
Investments in Debt & Equity Securities	164,208	182,231	218,548	172,174	184,186	50,304
Other Current Assets	139,349	91,252	60,900	53,189	60,385	118,285
Long-Term Deferred Tax Assets	288.51	284.32	287.29	276.16	394.85	168.26
Other Long-Term Assets	8,668	2,576	2,826	2,913	2,293	75,237
Total Assets	980,899	855,745	737,471	663,205	625,223	560,135
Accounts Payable	316,529	223,071	165,927	129,199	137,790	134,152
Accrued Expenses	7,545	7,627	5,807	7,028	6,750	5,652
Short-Term Debt	260,170	81,516	61,353	48,120	53,326	41,822
Current Portion of Long-Term Debt	-	229,256	212,474	208,141	208,766	168,258
Current Portion of Leases	-	422.19	671.12	688.57	520.01	-
Other Current Liabilities	71,923	77,234	67,650	62,741	41,370	16,162
Long-Term Debt	130,110	83,810	77,897	75,222	71,105	69,859
Long-Term Leases	1,685	979.59	912.99	1,007	1,204	1,579
Long-Term Unearned Revenue	-	-	-	-	-	20.84
Long-Term Deferred Tax Liabilities	1,443	1,120	2,018	209.3	190.43	1,139
Other Long-Term Liabilities	34,666	1,790	1,686	179.31	1,427	21,899
Total Liabilities	824,768	707,949	596,971	532,711	522,601	461,157
Common Stock	10,934	10,934	10,934	10,934	10,137	10,137
Additional Paid-In Capital	-	-	-	-	-	25,051
Retained Earnings	73,235	69,887	61,592	56,199	51,591	48,084
Comprehensive Income & Other	71,945	66,959	67,954	63,333	40,871	15,683
Total Common Equity	156,115	147,780	140,481	130,466	102,599	98,956
Minority Interest	16.33	16.27	18.71	28.43	23.19	22.25
Shareholders' Equity	156,131	147,796	140,499	130,495	102,622	98,978
Total Liabilities & Equity	980,899	855,745	737,471	663,205	625,223	560,135
Total Debt	391,965	395,983	353,307	333,179	334,921	281,518
Net Cash (Debt)	106,196	24,990	-15,533	-9,561	-57,837	-79,998
Net Cash Growth	80.41%	-	-	-	-	-
Net Cash Per Share	9.76	2.29	-1.42	-0.87	-5.38	-7.89
Filing Date Shares Outstanding	10,934	10,934	10,934	10,934	10,137	10,137
Total Common Shares Outstanding	10,934	10,934	10,934	10,934	10,137	10,137
Working Capital	146,767	46,638	-2,399	27,571	-14,498	64,287
Book Value Per Share	11.09	10.78	10.12	9.20	8.65	8.29
Tangible Book Value	154,254	145,841	138,565	128,613	100,802	97,242
Tangible Book Value Per Share	10.91	10.61	9.94	9.03	8.48	8.12

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