Soho Fashion Group 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	777.41	812.57	685.73	749.38	976.7	805.41
Trading Asset Securities	0	0.54	117.2	140.54	131.89	157.86
Cash & Short-Term Investments	777.41	813.11	802.93	889.92	1,109	963.27
Cash Growth	-1.55%	1.27%	-9.78%	-19.73%	15.09%	-37.25%
Accounts Receivable	412.77	394.27	500.54	601.68	581.66	755.37
Other Receivables	32.95	38.11	37.99	32.95	29.2	44.6
Receivables	445.72	432.38	538.54	634.63	610.85	799.97
Inventory	197.79	228.93	409.77	499.28	627.82	510.04
Prepaid Expenses	-	-	1.34	0.21	4.96	-
Other Current Assets	123.58	85.6	102.6	157.28	289.57	406.42
Total Current Assets	1,544	1,560	1,855	2,181	2,642	2,680
Property, Plant & Equipment	245.12	246.89	251.25	259.24	272.43	287.46
Long-Term Investments	1,171	1,284	956.7	909.2	834.1	988.27
Other Intangible Assets	35.69	36.06	36.38	36.98	38.01	39.03
Long-Term Deferred Tax Assets	8.37	3.67	4.21	4.65	4.29	4.72
Long-Term Deferred Charges	4.64	4.64	2.83	2.05	2.17	2.24
Other Long-Term Assets	53.46	54.33	57.22	60.05	61.6	61.05
Total Assets	3,062	3,190	3,164	3,453	3,854	4,062
Accounts Payable	184.24	174.27	256.28	229.01	506.94	639.15
Accrued Expenses	25.08	68.14	215.82	234.96	262.03	238.47
Short-Term Debt	60.86	30.02	103.79	674.8	794.07	780.55
Current Portion of Long-Term Debt	6.86	6.97	-	-	-	-
Current Portion of Leases	-	-	3.44	2.81	3.84	4.71
Current Income Taxes Payable	17.37	27.58	21.63	28.07	28.9	34.96
Current Unearned Revenue	99.59	61.35	70.31	75.55	170.72	128.96
Other Current Liabilities	40.38	86.41	79.24	73.49	72.33	142.09
Total Current Liabilities	434.37	454.74	750.51	1,319	1,839	1,969
Long-Term Leases	9.14	10.62	9.51	5.35	4.17	6
Long-Term Unearned Revenue	0.08	0.08	0.1	0.12	0.14	0.17
Long-Term Deferred Tax Liabilities	176.12	204.35	135.37	136.53	124.8	171.89
Other Long-Term Liabilities	7.13	7.84	3.31	10.75	-	-
Total Liabilities	626.84	677.65	898.8	1,471	1,968	2,147
Common Stock	436.8	438.85	438.85	438.85	443.28	443.28
Additional Paid-In Capital	1,223	1,227	1,227	1,024	1,035	214.23
Retained Earnings	7.25	1.24	-23.86	-72.78	-104.39	658.42
Treasury Stock	-	-5.75	-5.93	-5.93	-18.75	-18.75
Comprehensive Income & Other	617.22	704.23	460.8	423.59	365.76	473.5
Total Common Equity	2,285	2,366	2,097	1,808	1,721	1,771
Minority Interest	150.93	146.41	168.16	173.97	165.42	144.83
Shareholders' Equity	2,435	2,512	2,265	1,982	1,886	1,916
Total Liabilities & Equity	3,062	3,190	3,164	3,453	3,854	4,062
Total Debt	76.86	47.61	116.74	682.96	802.08	791.25
Net Cash (Debt)	700.55	765.5	686.19	206.96	306.5	172.02
Net Cash Growth	-2.86%	11.56%	231.56%	-32.48%	78.18%	-87.29%
Net Cash Per Share	1.61	1.75	1.57	0.47	0.70	0.39
Filing Date Shares Outstanding	435.27	436.46	438.85	438.85	443.28	443.28
Total Common Shares Outstanding	435.27	436.46	438.85	438.85	443.28	443.28
Working Capital	1,110	1,105	1,105	862.63	802.97	710.82
Book Value Per Share	5.25	5.42	4.78	4.12	3.88	3.99
Tangible Book Value	2,249	2,329	2,060	1,771	1,683	1,732
Tangible Book Value Per Share	5.17	5.34	4.70	4.04	3.80	3.91
Buildings	-	-	354.1	353.3	357.6	356.5
Machinery	-	-	188.45	197	191.22	187.08
Construction In Progress	-	-	0.65	0.83	0.96	1.46

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