Northeast Securities Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8,987	4,762	4,554	5,043	5,210	4,172
Short-Term Investments	22,640	21,879	15,677	20,266	21,865	16,941
Trading Asset Securities	37,184	15,726	38,733	31,170	31,001	26,963
Accounts Receivable	18,463	14,169	12,315	12,021	13,751	13,149
Other Receivables	349.47	146.85	204.1	218.16	253.62	22.1
Property, Plant & Equipment	787.19	877.26	931.54	984.26	996.6	660.09
Goodwill	75.92	75.92	75.92	75.92	75.92	75.92
Other Intangible Assets	383.91	414.95	331.82	307.69	291.63	298.35
Investments in Debt & Equity Securities	4,566	10.66	12.17	1.4	3.04	1.4
Other Current Assets	15,033	29,070	8,615	6,696	5,036	4,185
Long-Term Deferred Tax Assets	289.55	413.63	566.66	834.05	596.13	638.48
Other Long-Term Assets	1,299	1,097	1,068	999.47	923.7	1,580
Total Assets	110,058	89,026	83,334	78,958	80,132	68,686
Accounts Payable	1,101	232.55	371.54	421.29	125.03	176.26
Accrued Expenses	34,284	27,132	20,422	21,453	20,576	17,125
Short-Term Debt	26,774	22,774	20,721	15,489	21,762	14,847
Current Portion of Long-Term Debt	-	-	-	320	320	-
Current Portion of Leases	-	90.59	100.61	96.92	-	-
Other Current Liabilities	456.57	902.77	2,455	1,743	139.2	460.48
Long-Term Debt	26,501	17,455	19,339	18,990	16,085	18,086
Long-Term Leases	194.9	139.55	161.5	177.59	301.56	-
Long-Term Unearned Revenue	77.72	83.37	80.46	82.02	76.83	114.62
Long-Term Deferred Tax Liabilities	22.56	-	-	299.83	357.16	322.8
Other Long-Term Liabilities	-	593.72	753.67	1,156	1,609	103.72
Total Liabilities	89,627	69,440	64,435	60,301	61,444	51,273
Common Stock	2,340	2,340	2,340	2,340	2,340	2,340
Additional Paid-In Capital	5,747	5,747	5,747	5,746	5,746	5,746
Retained Earnings	11,901	11,115	10,475	10,041	10,044	8,697
Comprehensive Income & Other	-52.55	-84.12	-83.41	-83.93	-85.54	-114.48
Total Common Equity	19,936	19,118	18,479	18,044	18,045	16,669
Minority Interest	495.4	467.2	419.75	613.69	642.81	743.85
Shareholders' Equity	20,431	19,586	18,899	18,657	18,688	17,413
Total Liabilities & Equity	110,058	89,026	83,334	78,958	80,132	68,686
Total Debt	53,469	40,460	40,322	35,073	38,469	32,933
Net Cash (Debt)	15,341	1,907	18,642	21,406	19,609	15,143
Net Cash Growth	-30.70%	-89.77%	-12.91%	9.16%	29.49%	-37.63%
Net Cash Per Share	6.60	0.81	8.09	9.15	8.38	6.47
Filing Date Shares Outstanding	2,340	2,340	2,340	2,340	2,340	2,340
Total Common Shares Outstanding	2,340	2,340	2,340	2,340	2,340	2,340
Working Capital	39,826	34,926	36,214	36,130	34,202	32,787
Book Value Per Share	8.52	8.17	7.90	7.71	7.71	7.12
Tangible Book Value	19,476	18,627	18,072	17,660	17,678	16,295
Tangible Book Value Per Share	8.32	7.96	7.72	7.55	7.55	6.96

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.