Huatai 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	56,921	47,694	39,521	46,296	45,181	37,238
Short-Term Investments	216,583	193,253	153,346	116,483	145,255	155,392
Trading Asset Securities	458,360	251,675	173,320	262,524	228,786	246,056
Accounts Receivable	187,177	196,402	136,333	118,362	105,761	119,696
Other Receivables	18,232	2,126	1,661	1,478	1,521	2,300
Property, Plant & Equipment	6,884	6,750	6,489	6,520	6,287	5,178
Goodwill	244.66	249.71	51.34	3,419	3,352	2,836
Other Intangible Assets	2,059	2,135	2,036	7,515	7,440	6,791
Investments in Debt & Equity Securities	119,742	35,109	24,759	28,584	22,672	51,796
Other Current Assets	153,336	244,321	217,486	253,731	222,512	130,492
Long-Term Deferred Tax Assets	1,661	2,413	1,592	702.72	600.47	654.65
Other Long-Term Assets	4,206	92,531	56,287	59,580	56,902	47,940
Total Assets	1,225,406	1,077,348	814,270	905,508	846,571	806,651
Accounts Payable	415,637	342,207	256,036	247,290	252,369	245,112
Accrued Expenses	-	11,991	10,701	10,638	11,948	6,922
Short-Term Debt	308,537	285,493	194,322	237,428	69,286	217,463
Current Portion of Long-Term Debt	-	-	-	-	2,803	35,372
Current Portion of Leases	-	409.78	432.67	540.88	492.67	330.26
Other Current Liabilities	53,577	42,569	42,647	61,411	54,420	35,805
Long-Term Debt	217,817	183,263	115,459	160,463	281,539	98,689
Long-Term Leases	1,056	602.48	581.94	927.28	1,026	900.3
Long-Term Unearned Revenue	275.18	232.08	114.03	187.24	229.09	-
Long-Term Deferred Tax Liabilities	654.03	668.28	476.55	1,961	2,200	2,619
Other Long-Term Liabilities	2,302	1,076	1,067	1,586	1,389	2,833
Total Liabilities	1,013,933	870,351	622,377	723,291	678,714	654,615
Common Stock	9,027	9,027	9,027	9,075	9,076	9,077
Additional Paid-In Capital	-	68,842	68,748	69,602	70,482	-
Retained Earnings	99,625	94,814	83,906	74,727	66,747	60,236
Comprehensive Income & Other	102,762	34,264	30,093	26,769	19,993	80,342
Total Common Equity	211,407	206,939	191,674	179,108	165,095	148,423
Minority Interest	66.65	56.73	220.02	3,109	2,762	3,613
Shareholders' Equity	211,473	206,996	191,894	182,217	167,857	152,036
Total Liabilities & Equity	1,225,406	1,077,348	814,270	905,508	846,571	806,651
Total Debt	527,410	469,768	310,795	399,360	355,147	352,755
Net Cash (Debt)	204,453	22,854	55,392	25,945	64,075	85,931
Net Cash Growth	18.76%	-58.74%	113.50%	-59.51%	-25.43%	62.49%
Net Cash Per Share	22.77	2.53	6.14	2.88	7.13	9.56
Filing Date Shares Outstanding	9,413	7,792	7,794	7,793	8,008	8,986
Total Common Shares Outstanding	9,413	7,792	7,794	7,793	8,008	8,986
Working Capital	311,332	253,853	218,496	241,073	357,173	148,657
Book Value Per Share	18.92	22.28	20.96	19.69	18.22	16.52
Tangible Book Value	209,103	204,555	189,587	168,174	154,303	138,796
Tangible Book Value Per Share	18.68	21.98	20.69	18.28	16.87	15.45

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