The Pacific 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	8,224	7,651	1,071	1,649	931.57	858.56
Short-Term Investments	130	515.01	6,513	4,054	4,364	6,382
Trading Asset Securities	4,673	4,841	4,173	4,448	4,598	6,523
Accounts Receivable	2,872	2,856	2,320	2,117	1,819	2,342
Other Receivables	96.36	91.68	41.36	46.33	76.08	133.18
Property, Plant & Equipment	255.17	260.1	278.53	294.61	280.73	275.99
Other Intangible Assets	35.61	40.07	49.9	57.41	43.76	42.64
Investments in Debt & Equity Securities	251.33	268.59	323.53	332.8	346.64	404
Other Current Assets	2,441	2,285	2,589	1,821	1,676	1,870
Long-Term Deferred Tax Assets	859.75	846.56	871.26	899.61	960.23	814.46
Other Long-Term Assets	239.73	265.69	186.48	195.81	228.11	350.47
Total Assets	20,079	19,921	18,421	15,924	15,334	20,019
Accounts Payable	-	96.64	10.19	7.07	16.32	3.55
Accrued Expenses	9,490	9,328	7,399	4,998	5,392	6,842
Short-Term Debt	245.08	253.48	285.08	878.66	146.1	2,995
Current Portion of Long-Term Debt	250.76	-	732.48	302.94	316.84	315.58
Other Current Liabilities	77.08	0.02	192.58	149.59	79.07	20.64
Long-Term Debt	-	251.16	-	-	-	-
Long-Term Leases	28.91	32.52	45.08	45.83	39.08	41.88
Long-Term Deferred Tax Liabilities	-	-	12.63	12.82	10.56	-
Other Long-Term Liabilities	33.34	38.04	31.74	36.14	34.6	48.64
Total Liabilities	10,145	10,010	8,722	6,439	6,090	10,267
Common Stock	6,816	6,816	6,816	6,816	6,816	6,816
Additional Paid-In Capital	2,798	2,798	2,798	2,798	2,798	2,798
Retained Earnings	341.74	317.36	106.82	-111.91	-360.74	128.39
Comprehensive Income & Other	-21.41	-19.52	-20.6	-23.96	-24	-31.44
Total Common Equity	9,934	9,912	9,700	9,478	9,229	9,711
Minority Interest	-0.89	-0.89	-0.79	6.03	14.49	40.54
Shareholders' Equity	9,933	9,911	9,699	9,484	9,244	9,752
Total Liabilities & Equity	20,079	19,921	18,421	15,924	15,334	20,019
Total Debt	524.76	537.16	1,063	1,227	502.01	3,352
Net Cash (Debt)	12,502	12,470	10,693	8,924	9,391	10,411
Net Cash Growth	13.51%	16.61%	19.83%	-4.98%	-9.79%	12.80%
Net Cash Per Share	1.89	1.84	1.56	1.32	1.37	1.54
Filing Date Shares Outstanding	6,095	6,697	6,816	6,816	6,816	6,816
Total Common Shares Outstanding	6,095	6,697	6,816	6,816	6,816	6,816
Working Capital	8,354	8,552	8,074	7,791	7,458	7,932
Book Value Per Share	1.63	1.48	1.42	1.39	1.35	1.42
Tangible Book Value	9,899	9,872	9,650	9,421	9,186	9,668
Tangible Book Value Per Share	1.62	1.47	1.42	1.38	1.35	1.42

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