Guosheng 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	18,335	16,229	14,998	9,823	9,636	11,291
Short-Term Investments	93.85	1,223	992.52	1,393	695.88	735.41
Trading Asset Securities	6,489	6,104	5,982	4,157	5,143	4,204
Other Receivables	11,101	10,107	7,636	7,035	5,716	6,561
Property, Plant & Equipment	397.08	391.97	434.91	473.87	496.98	256.25
Goodwill	2,979	2,979	2,979	2,979	2,979	3,080
Other Intangible Assets	53.44	58.71	62.06	67.53	82.57	75.28
Investments in Debt & Equity Securities	3,909	4,970	8,176	3,082	2,257	1,238
Other Current Assets	4,857	4,491	3,574	2,727	2,933	2,675
Long-Term Deferred Tax Assets	240.33	278.54	141.27	113.13	152.84	100.13
Other Long-Term Assets	223.78	140.22	593.02	638.51	670.85	1,089
Total Assets	48,679	46,982	45,580	32,505	30,783	31,339
Accounts Payable	325.59	415.16	337.34	229.76	97.31	190.43
Accrued Expenses	22,455	19,698	16,618	11,434	10,909	11,053
Short-Term Debt	9,140	9,690	13,890	7,036	5,724	5,558
Current Portion of Long-Term Debt	-	285.57	-	1,100	682.99	2,607
Current Portion of Leases	-	44.02	49.75	57.47	63.27	65.27
Other Current Liabilities	41.71	3,359	2,544	100.56	235.8	382.56
Long-Term Debt	2,014	1,985	818.18	1,520	1,999	-
Long-Term Leases	92.79	43.23	60.98	68.55	66.67	77.49
Long-Term Unearned Revenue	12.95	13	13.17	14.28	15.19	14.46
Long-Term Deferred Tax Liabilities	27.99	52.15	-	0.03	0.31	0.63
Other Long-Term Liabilities	3,208	16.24	12.56	-	0.81	0.93
Total Liabilities	37,341	35,652	34,454	21,573	19,831	19,966
Common Stock	1,935	1,935	1,935	1,935	1,935	1,935
Additional Paid-In Capital	8,861	8,861	8,843	8,878	8,903	8,885
Retained Earnings	527.19	529.25	257.85	89.89	119.87	556.62
Comprehensive Income & Other	12.95	2.47	88.92	26.16	-8.03	-6.1
Total Common Equity	11,336	11,328	11,124	10,929	10,950	11,371
Minority Interest	2.1	2.08	2.17	2.25	1.54	2
Shareholders' Equity	11,338	11,330	11,127	10,931	10,952	11,373
Total Liabilities & Equity	48,679	46,982	45,580	32,505	30,783	31,339
Total Debt	11,247	12,047	14,819	9,781	8,536	8,307
Net Cash (Debt)	13,671	11,510	7,154	5,591	6,939	7,923
Net Cash Growth	721.62%	60.88%	27.95%	-19.42%	-12.41%	2.84%
Net Cash Per Share	7.16	5.95	3.70	2.89	3.59	4.09
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	8,892	4,612	-366.44	5,164	6,375	5,593
Book Value Per Share	5.86	5.85	5.75	5.65	5.66	5.88
Tangible Book Value	8,304	8,290	8,083	7,883	7,889	8,215
Tangible Book Value Per Share	4.29	4.28	4.18	4.07	4.08	4.25