Shenwan Hongyuan Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	36,989	33,870	33,453	32,096	31,039
Short-Term Investments	144,429	124,079	90,225	98,564	102,940
Trading Asset Securities	264,793	272,140	233,615	154,262	153,565
Accounts Receivable	97,148	79,170	68,427	65,876	80,374
Other Receivables	2,294	1,252	1,804	1,109	850.7
Property, Plant & Equipment	2,002	2,173	2,425	2,302	2,302
Goodwill	19.65	-	-	19.65	-
Other Intangible Assets	395.99	407.27	311.59	291.29	250.18
Investments in Debt & Equity Securities	139,028	143,820	160,590	19,545	21,554
Other Current Assets	14,436	12,065	13,541	189,266	175,478
Long-Term Deferred Tax Assets	913.02	1,621	2,740	3,461	2,570
Other Long-Term Assets	38,539	26,275	27,234	45,508	27,821
Total Assets	741,547	697,597	635,437	613,117	601,011
Accounts Payable	144,270	127,085	100,072	311.32	404.56
Accrued Expenses	3,592	2,371	2,565	102,779	107,927
Short-Term Debt	76,182	62,724	40,476	31,983	44,493
Current Portion of Long-Term Debt	220,759	221,902	197,587	153,494	-
Current Portion of Leases	321.04	329.48	369.69	370.36	305.44
Other Current Liabilities	63,621	67,549	57,542	38,649	23,765
Long-Term Debt	88,099	77,252	102,857	151,065	298,464
Long-Term Leases	493.65	546.83	645.83	555.64	663.78
Long-Term Unearned Revenue	-	-	-	108.36	215.12
Long-Term Deferred Tax Liabilities	62.22	48.14	30.53	5.39	27.3
Other Long-Term Liabilities	283.52	321.77	729.2	16,734	16,638
Total Liabilities	601,370	564,248	506,643	496,437	493,957
Common Stock	25,040	25,040	25,040	25,040	25,040
Additional Paid-In Capital	-	-	-	19,367	19,367
Retained Earnings	65,312	57,978	54,931	51,478	51,455
Comprehensive Income & Other	21,245	21,766	20,174	-840.63	-640.31
Total Common Equity	111,597	104,784	100,145	95,045	95,222
Minority Interest	28,579	28,565	28,649	21,635	11,833
Shareholders' Equity	140,177	133,349	128,794	116,680	107,055
Total Liabilities & Equity	741,547	697,597	635,437	613,117	601,011
Total Debt	385,855	362,754	341,936	337,468	343,927
Net Cash (Debt)	60,356	67,336	15,358	-52,547	-56,384
Net Cash Growth	-10.37%	338.44%	-	-	-
Net Cash Per Share	2.41	2.69	0.61	-2.10	-2.25
Filing Date Shares Outstanding	25,040	25,040	25,040	25,040	25,040
Total Common Shares Outstanding	25,040	25,040	25,040	25,040	25,040
Working Capital	51,584	41,093	43,274	214,172	368,664
Book Value Per Share	4.46	4.18	4.00	3.80	3.80
Tangible Book Value	111,182	104,377	99,833	94,734	94,972
Tangible Book Value Per Share	4.44	4.17	3.99	3.78	3.79

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