Guosheng 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	16,117	14,998	9,823	9,636	11,291	10,127
Short-Term Investments	773.94	992.52	1,393	695.88	735.41	1,685
Trading Asset Securities	6,985	5,947	4,157	5,143	4,204	5,606
Other Receivables	10,220	7,649	7,035	5,716	6,561	5,493
Property, Plant & Equipment	402.03	434.91	473.87	496.98	256.25	121.53
Goodwill	2,979	2,979	2,979	2,979	3,080	3,080
Other Intangible Assets	55.03	62.06	67.53	82.57	75.28	86.13
Investments in Debt & Equity Securities	6,643	8,211	3,082	2,257	1,238	1,232
Other Current Assets	4,320	3,560	2,727	2,933	2,675	2,656
Long-Term Deferred Tax Assets	152.06	141.27	113.13	152.84	100.13	113.42
Other Long-Term Assets	133.65	592.98	638.51	670.85	1,089	1,066
Total Assets	48,790	45,580	32,505	30,783	31,339	31,319
Accounts Payable	613.27	337.34	229.76	97.31	190.43	208.87
Accrued Expenses	18,662	16,619	11,434	10,909	11,053	9,776
Short-Term Debt	13,645	13,890	7,036	5,724	5,558	6,535
Current Portion of Long-Term Debt	380.49	304.5	1,100	682.99	2,607	3,179
Current Portion of Leases	-	47.61	57.47	63.27	65.27	-
Other Current Liabilities	108.08	152.69	100.56	235.8	382.56	257.65
Long-Term Debt	3,858	2,916	1,520	1,999	-	-
Long-Term Leases	49.23	63.12	68.55	66.67	77.49	-
Long-Term Unearned Revenue	13.04	13.17	14.28	15.19	14.46	13.38
Long-Term Deferred Tax Liabilities	38.44	-	0.03	0.31	0.63	0.96
Other Long-Term Liabilities	-	-	-	0.81	0.93	0.12
Total Liabilities	37,483	34,454	21,573	19,831	19,966	20,022
Common Stock	1,935	1,935	1,935	1,935	1,935	1,935
Additional Paid-In Capital	8,861	8,843	8,878	8,903	8,885	8,884
Retained Earnings	501.18	257.85	89.89	119.87	556.62	479.73
Comprehensive Income & Other	7.04	88.92	26.16	-8.03	-6.1	-4.47
Total Common Equity	11,304	11,124	10,929	10,950	11,371	11,295
Minority Interest	2.1	2.17	2.25	1.54	2	2.38
Shareholders' Equity	11,307	11,127	10,931	10,952	11,373	11,297
Total Liabilities & Equity	48,790	45,580	32,505	30,783	31,339	31,319
Total Debt	17,932	17,221	9,781	8,536	8,307	9,714
Net Cash (Debt)	5,944	4,716	5,591	6,939	7,923	7,704
Net Cash Growth	-17.92%	-15.65%	-19.42%	-12.41%	2.84%	-13.72%
Net Cash Per Share	3.07	2.44	2.89	3.59	4.09	3.98
Filing Date Shares Outstanding	1,935	1,935	1,935	1,935	1,935	1,935
Total Common Shares Outstanding	1,935	1,935	1,935	1,935	1,935	1,935
Working Capital	4,892	1,686	5,164	6,375	5,593	5,560
Book Value Per Share	5.84	5.75	5.65	5.66	5.88	5.84
Tangible Book Value	8,270	8,083	7,883	7,889	8,215	8,129
Tangible Book Value Per Share	4.27	4.18	4.07	4.08	4.25	4.20

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