Soho Holly 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	799.21	1,101	897.47	1,103	617.22	601.86
Trading Asset Securities	147.63	265.11	147.35	278.92	442.6	351.54
Cash & Short-Term Investments	946.84	1,366	1,045	1,382	1,060	953.4
Cash Growth	-1.08%	30.71%	-24.40%	30.40%	11.16%	-22.33%
Accounts Receivable	1,355	1,422	1,506	1,468	1,210	887.71
Other Receivables	168.58	162.47	112.33	100.81	98.8	95.45
Receivables	1,523	1,585	1,618	1,569	1,309	983.16
Inventory	492.41	398.24	339.6	208.87	165.21	208.89
Prepaid Expenses	-	-	-	-	10.24	3.59
Other Current Assets	745.59	527.99	444.61	203.14	297.07	230.66
Total Current Assets	3,708	3,877	3,447	3,363	2,841	2,380
Property, Plant & Equipment	232.16	230.46	229.01	249.28	276.02	350.74
Long-Term Investments	1,684	1,687	1,696	1,684	1,654	1,662
Other Intangible Assets	25.29	24.82	25.72	27.05	29.06	34.01
Long-Term Deferred Tax Assets	83.33	85.76	87.09	84.84	53.84	34.64
Long-Term Deferred Charges	37.51	36.16	38.82	30	12.36	4.56
Other Long-Term Assets	506.19	506.19	492.7	488.56	484.42	453.27
Total Assets	6,277	6,447	6,016	5,926	5,351	4,919
Accounts Payable	1,134	1,272	1,123	1,336	948.83	807.17
Accrued Expenses	31.63	119.71	121.2	117.75	128.05	122.11
Short-Term Debt	607.42	674.63	513.55	487.37	478.59	181.46
Current Portion of Long-Term Debt	17.89	30	30	0.9	1.32	3.49
Current Portion of Leases	-	2.86	2.73	3.69	2.6	16.38
Current Income Taxes Payable	38.89	14.65	18.34	-	-	23.28
Current Unearned Revenue	935.09	824.3	663.89	506.68	497.69	556.23
Other Current Liabilities	336.53	344.64	375.27	406.78	303.04	175.15
Total Current Liabilities	3,102	3,283	2,848	2,859	2,360	1,885
Long-Term Debt	60	60	90	5.56	11.14	22.52
Long-Term Leases	7.7	8.39	11.24	15.24	16.02	19.46
Long-Term Unearned Revenue	1.36	1.56	2.37	-	-	-
Long-Term Deferred Tax Liabilities	336.14	338.26	338.48	335	324.78	331.76
Other Long-Term Liabilities	2.68	2.74	2.75	2.83	4.05	11.41
Total Liabilities	3,510	3,693	3,293	3,218	2,716	2,270
Common Stock	251.7	251.7	246.77	246.77	246.77	246.77
Additional Paid-In Capital	528.34	526.05	500.53	500.53	495.14	501.88
Retained Earnings	686.43	673.31	650.2	641.46	633.51	634.24
Treasury Stock	-27.91	-27.91	-	-	-	-
Comprehensive Income & Other	719.73	721.11	726.75	722.5	706.18	701.93
Total Common Equity	2,158	2,144	2,124	2,111	2,082	2,085
Minority Interest	608.5	608.95	599.3	597.1	553.28	563.52
Shareholders' Equity	2,767	2,753	2,724	2,708	2,635	2,648
Total Liabilities & Equity	6,277	6,447	6,016	5,926	5,351	4,919
Total Debt	693.01	775.88	647.53	512.76	509.67	243.31
Net Cash (Debt)	253.83	589.75	397.29	869.28	550.15	710.09
Net Cash Growth	497.77%	48.45%	-54.30%	58.01%	-22.52%	-24.74%
Net Cash Per Share	1.03	2.39	1.61	3.52	2.23	2.88
Filing Date Shares Outstanding	246.7	251.7	246.77	246.77	246.77	246.77
Total Common Shares Outstanding	246.7	251.7	246.77	246.77	246.77	246.77
Working Capital	606.46	594.22	599.06	503.7	480.85	494.43
Book Value Per Share	8.75	8.52	8.61	8.56	8.44	8.45
Tangible Book Value	2,133	2,119	2,099	2,084	2,053	2,051
Tangible Book Value Per Share	8.65	8.42	8.50	8.45	8.32	8.31
Buildings	-	380.18	380.38	388.99	405.38	425.86
Machinery	-	31.58	31.61	31.35	33.32	59.56
Construction In Progress	-	17.28	3.7	6.54	11	35.53

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