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	-	16,229	14,998	9,823	9,636	11,291
Short-Term Investments	-	1,223	992.52	1,393	695.88	735.41
Trading Asset Securities	-	6,104	5,982	4,157	5,143	4,204
Other Receivables	-	10,107	7,636	7,035	5,716	6,561
Property, Plant & Equipment	-	391.97	434.91	473.87	496.98	256.25
Goodwill	-	2,979	2,979	2,979	2,979	3,080
Other Intangible Assets	-	58.71	62.06	67.53	82.57	75.28
Investments in Debt & Equity Securities	-	4,970	8,176	3,082	2,257	1,238
Other Current Assets	-	4,491	3,574	2,727	2,933	2,675
Long-Term Deferred Tax Assets	-	278.54	141.27	113.13	152.84	100.13
Other Long-Term Assets	-	140.22	593.02	638.51	670.85	1,089
Total Assets	-	46,982	45,580	32,505	30,783	31,339
Accounts Payable	-	415.16	337.34	229.76	97.31	190.43
Accrued Expenses	-	19,698	16,618	11,434	10,909	11,053
Short-Term Debt	-	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	-	3,359	2,544	100.56	235.8	382.56
Long-Term Debt	-	1,985	818.18	1,520	1,999	-
Long-Term Leases	-	43.23	60.98	68.55	66.67	77.49
Long-Term Unearned Revenue	-	13	13.17	14.28	15.19	14.46
Long-Term Deferred Tax Liabilities	-	52.15	-	0.03	0.31	0.63
Other Long-Term Liabilities	-	16.24	12.56	-	0.81	0.93
Total Liabilities	-	35,652	34,454	21,573	19,831	19,966
Common Stock	-	1,935	1,935	1,935	1,935	1,935
Additional Paid-In Capital	-	8,861	8,843	8,878	8,903	8,885
Retained Earnings	-	529.25	257.85	89.89	119.87	556.62
Comprehensive Income & Other	-	2.47	88.92	26.16	-8.03	-6.1
Total Common Equity	11,328	11,328	11,124	10,929	10,950	11,371
Minority Interest	-	2.08	2.17	2.25	1.54	2
Shareholders' Equity	11,330	11,330	11,127	10,931	10,952	11,373
Total Liabilities & Equity	-	46,982	45,580	32,505	30,783	31,339
Total Debt	12,047	12,047	14,819	9,781	8,536	8,307
Net Cash (Debt)	11,510	11,510	7,154	5,591	6,939	7,923
Net Cash Growth	591.72%	60.88%	27.95%	-19.42%	-12.41%	2.84%
Net Cash Per Share	6.03	5.95	3.70	2.89	3.59	4.09
Filing Date Shares Outstanding	1,836	1,935	1,935	1,935	1,935	1,935
Total Common Shares Outstanding	1,836	1,935	1,935	1,935	1,935	1,935
Working Capital	-	4,612	-366.44	5,164	6,375	5,593
Book Value Per Share	5.85	5.85	5.75	5.65	5.66	5.88
Tangible Book Value	8,290	8,290	8,083	7,883	7,889	8,215
Tangible Book Value Per Share	4.28	4.28	4.18	4.07	4.08	4.25

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