Sealand 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	5,312	4,684	6,479	9,289	11,457	6,517
Short-Term Investments	24,187	22,951	16,642	13,135	15,938	17,178
Trading Asset Securities	17,709	11,909	11,257	10,014	11,025	12,719
Accounts Receivable	11,698	12,414	9,942	8,092	7,389	9,388
Other Receivables	391.47	247.18	190.94	157.42	198.92	154.15
Property, Plant & Equipment	979.41	976.94	1,002	1,106	1,534	1,559
Goodwill	22.08	22.08	22.08	22.08	22.08	22.08
Other Intangible Assets	150.87	166.04	186.64	209.97	187.08	152.61
Investments in Debt & Equity Securities	19,532	3,052	2,043	1,234	1,266	2,392
Other Current Assets	8,535	9,898	9,489	17,105	19,306	13,954
Long-Term Deferred Tax Assets	677.67	677.08	524.5	611.79	647.33	569.13
Other Long-Term Assets	1,736	1,875	1,789	8,734	4,848	11,237
Total Assets	90,932	68,889	59,591	69,737	73,841	75,868
Accrued Expenses	31,260	27,737	19,940	15,627	17,829	19,110
Short-Term Debt	3,666	2,910	386.07	525.65	286.62	5,039
Current Portion of Long-Term Debt	23,580	6,770	7,810	18,354	13,423	15,841
Current Portion of Leases	-	49.3	51.62	70.43	72.33	63.87
Other Current Liabilities	295.8	354.98	312.6	529.53	3,182	3,360
Long-Term Debt	7,609	6,334	7,065	10,764	18,450	12,298
Long-Term Leases	158.31	95.72	75.5	88.03	116.12	102.62
Long-Term Unearned Revenue	29.11	28.14	14.25	18.67	9.88	11.12
Long-Term Deferred Tax Liabilities	51.52	44.97	44.37	65.07	71.57	75.6
Other Long-Term Liabilities	384.35	1,061	921.86	963.44	1,038	722.84
Total Liabilities	67,198	45,452	36,663	47,018	54,505	56,649
Common Stock	6,386	6,386	6,386	6,386	5,445	5,445
Additional Paid-In Capital	11,226	11,226	11,226	11,226	8,990	8,990
Retained Earnings	5,200	4,943	4,442	4,308	4,171	4,113
Comprehensive Income & Other	26.31	1.44	53.84	36.42	1.36	18.01
Total Common Equity	22,839	22,557	22,108	21,956	18,607	18,565
Minority Interest	895.06	880.39	820.02	762.23	728.91	653.4
Shareholders' Equity	23,734	23,437	22,928	22,719	19,336	19,219
Total Liabilities & Equity	90,932	68,889	59,591	69,737	73,841	75,868
Total Debt	35,014	16,160	15,388	29,802	32,348	33,345
Net Cash (Debt)	12,195	23,385	18,990	2,635	6,072	3,068
Net Cash Growth	55.03%	23.14%	620.79%	-56.61%	97.88%	-
Net Cash Per Share	1.93	3.66	2.97	0.47	1.12	0.56
Filing Date Shares Outstanding	6,386	6,386	6,386	6,386	5,445	5,445
Total Common Shares Outstanding	6,386	6,386	6,386	6,386	5,445	5,445
Working Capital	8,868	24,223	25,468	22,681	30,502	16,475
Book Value Per Share	3.58	3.53	3.46	3.44	3.42	3.41
Tangible Book Value	22,666	22,369	21,900	21,724	18,398	18,391
Tangible Book Value Per Share	3.55	3.50	3.43	3.40	3.38	3.38

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