Soho Holly 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	805.36	897.47	1,103	617.22	601.86	829.93
Trading Asset Securities	154.37	147.35	278.92	442.6	351.54	397.52
Cash & Short-Term Investments	959.72	1,045	1,382	1,060	953.4	1,227
Cash Growth	10.02%	-24.40%	30.40%	11.16%	-22.33%	28.50%
Accounts Receivable	1,486	1,506	1,468	1,210	887.71	644.84
Other Receivables	95.85	112.33	100.81	98.8	95.45	80.5
Receivables	1,582	1,618	1,569	1,309	983.16	725.34
Inventory	565.47	339.6	208.87	165.21	208.89	149.38
Prepaid Expenses	-	-	-	10.24	3.59	6.59
Other Current Assets	741.36	444.61	203.14	297.07	230.66	234.54
Total Current Assets	3,849	3,447	3,363	2,841	2,380	2,343
Property, Plant & Equipment	232.14	229.01	249.28	276.02	350.74	447.31
Long-Term Investments	1,699	1,696	1,684	1,654	1,662	1,660
Other Intangible Assets	25.91	25.72	27.05	29.06	34.01	65.73
Long-Term Deferred Tax Assets	99.15	87.09	84.84	53.84	34.64	37.92
Long-Term Deferred Charges	33.9	38.82	30	12.36	4.56	1.45
Other Long-Term Assets	490.58	492.7	488.56	484.42	453.27	73.39
Total Assets	6,430	6,016	5,926	5,351	4,919	4,629
Accounts Payable	1,124	1,123	1,336	948.83	807.17	783.24
Accrued Expenses	46.94	121.2	117.75	128.05	122.11	111.47
Short-Term Debt	667.22	513.55	487.37	478.59	181.46	261.32
Current Portion of Long-Term Debt	17.82	30	0.9	1.32	3.49	2.84
Current Portion of Leases	-	2.73	3.69	2.6	16.38	-
Current Income Taxes Payable	41.45	-	-	-	23.28	19.93
Current Unearned Revenue	958.65	663.89	506.68	497.69	556.23	513.41
Other Current Liabilities	381.62	393.61	406.78	303.04	175.15	177.31
Total Current Liabilities	3,238	2,848	2,859	2,360	1,885	1,870
Long-Term Debt	75	90	5.56	11.14	22.52	19.72
Long-Term Leases	9.27	11.24	15.24	16.02	19.46	-
Long-Term Unearned Revenue	1.76	2.37	-	-	-	-
Long-Term Deferred Tax Liabilities	337.72	338.48	335	324.78	331.76	284.72
Other Long-Term Liabilities	2.62	2.75	2.83	4.05	11.41	34.51
Total Liabilities	3,665	3,293	3,218	2,716	2,270	2,208
Common Stock	246.77	246.77	246.77	246.77	246.77	246.77
Additional Paid-In Capital	500.55	500.53	500.53	495.14	501.88	526.53
Retained Earnings	675.24	650.2	641.46	633.51	634.24	620.77
Comprehensive Income & Other	725.7	726.75	722.5	706.18	701.93	521.57
Total Common Equity	2,148	2,124	2,111	2,082	2,085	1,916
Minority Interest	616.77	599.3	597.1	553.28	563.52	504.81
Shareholders' Equity	2,765	2,724	2,708	2,635	2,648	2,420
Total Liabilities & Equity	6,430	6,016	5,926	5,351	4,919	4,629
Total Debt	769.31	647.53	512.76	509.67	243.31	283.88
Net Cash (Debt)	190.41	397.29	869.28	550.15	710.09	943.57
Net Cash Growth	-7.46%	-54.30%	58.01%	-22.52%	-24.74%	74.19%
Net Cash Per Share	0.77	1.61	3.52	2.23	2.88	3.82
Filing Date Shares Outstanding	246.77	246.77	246.77	246.77	246.77	246.77
Total Common Shares Outstanding	246.77	246.77	246.77	246.77	246.77	246.77
Working Capital	610.4	599.06	503.7	480.85	494.43	473.77
Book Value Per Share	8.71	8.61	8.56	8.44	8.45	7.76
Tangible Book Value	2,122	2,099	2,084	2,053	2,051	1,850
Tangible Book Value Per Share	8.60	8.50	8.45	8.32	8.31	7.50
Buildings	-	380.38	388.99	405.38	425.86	638.78
Machinery	-	31.61	31.35	33.32	59.56	71.89
Construction In Progress	-	3.7	6.54	11	35.53	37.67

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