Sealand 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	4,599	6,479	9,289	11,457	6,517	5,207
Short-Term Investments	18,686	16,642	13,135	15,938	17,178	15,453
Trading Asset Securities	17,051	11,257	10,014	11,025	12,719	12,231
Accounts Receivable	11,412	9,942	8,092	7,389	9,388	7,573
Other Receivables	507.88	190.94	157.42	198.92	154.15	177.89
Property, Plant & Equipment	935.55	1,002	1,106	1,534	1,559	1,424
Goodwill	22.08	22.08	22.08	22.08	22.08	22.1
Other Intangible Assets	168.32	186.64	209.97	187.08	152.61	134.19
Investments in Debt & Equity Securities	11,968	2,144	1,234	1,266	2,392	4,045
Other Current Assets	7,429	9,489	17,105	19,306	13,954	11,399
Long-Term Deferred Tax Assets	551.89	524.5	611.79	647.33	569.13	417.7
Other Long-Term Assets	1,632	1,688	8,734	4,848	11,237	14,439
Total Assets	74,963	59,591	69,737	73,841	75,868	72,554
Accrued Expenses	24,120	19,940	15,627	17,829	19,110	14,509
Short-Term Debt	2,599	386.07	525.65	286.62	5,039	3,977
Current Portion of Long-Term Debt	15,621	10,194	18,354	13,423	15,841	24,347
Current Portion of Leases	-	51.62	70.43	72.33	63.87	-
Other Current Liabilities	517.75	312.6	529.53	3,182	3,360	3,996
Long-Term Debt	7,940	4,681	10,764	18,450	12,298	6,123
Long-Term Leases	101.57	75.5	88.03	116.12	102.62	-
Long-Term Unearned Revenue	31.64	17.41	18.67	9.88	11.12	39.15
Long-Term Deferred Tax Liabilities	46.39	44.37	65.07	71.57	75.6	23.57
Other Long-Term Liabilities	520.11	917.97	963.44	1,038	722.84	431.48
Total Liabilities	51,533	36,663	47,018	54,505	56,649	53,518
Common Stock	6,386	6,386	6,386	5,445	5,445	5,445
Additional Paid-In Capital	11,226	11,226	11,226	8,990	8,990	8,990
Retained Earnings	4,956	4,442	4,308	4,171	4,113	4,001
Comprehensive Income & Other	-0.01	53.84	36.42	1.36	18.01	43.76
Total Common Equity	22,568	22,108	21,956	18,607	18,565	18,480
Minority Interest	861.9	820.02	762.23	728.91	653.4	555.77
Shareholders' Equity	23,430	22,928	22,719	19,336	19,219	19,035
Total Liabilities & Equity	74,963	59,591	69,737	73,841	75,868	72,554
Total Debt	26,263	15,388	29,802	32,348	33,345	34,448
Net Cash (Debt)	14,074	18,990	2,635	6,072	3,068	-1,557
Net Cash Growth	-36.69%	620.79%	-56.61%	97.88%	-	-
Net Cash Per Share	2.14	2.97	0.47	1.12	0.56	-0.29
Filing Date Shares Outstanding	6,386	6,386	6,386	5,445	5,445	5,445
Total Common Shares Outstanding	6,386	6,386	6,386	5,445	5,445	5,445
Working Capital	16,792	23,083	22,681	30,502	16,475	5,143
Book Value Per Share	3.53	3.46	3.44	3.42	3.41	3.39
Tangible Book Value	22,378	21,900	21,724	18,398	18,391	18,323
Tangible Book Value Per Share	3.50	3.43	3.40	3.38	3.38	3.37

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