First Capital 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	2,978	2,488	3,323	2,334	2,435	1,851
Short-Term Investments	11,420	11,821	9,153	6,210	8,112	8,191
Trading Asset Securities	18,458	17,258	18,713	18,627	22,133	16,886
Accounts Receivable	-	145.01	157.34	158.4	187.61	210.99
Other Receivables	9,871	9,896	7,850	7,365	6,396	7,634
Property, Plant & Equipment	1,018	1,020	849.12	623.95	585.63	457.65
Goodwill	7.36	7.36	7.36	7.36	9.73	9.73
Other Intangible Assets	848.34	866.68	913.76	936.8	924.46	907.76
Investments in Debt & Equity Securities	9,284	7,570	5,041	2,674	129.52	166.32
Other Current Assets	5,563	3,965	3,786	3,316	2,309	2,550
Long-Term Deferred Tax Assets	193.37	198.91	625.67	694.81	630.75	509.51
Other Long-Term Assets	546.72	2,153	2,269	2,265	3,908	3,685
Total Assets	60,188	57,428	52,742	45,281	47,807	43,147
Accrued Expenses	17,297	15,033	11,945	8,320	9,266	10,056
Short-Term Debt	11,421	13,321	14,114	13,673	13,243	11,544
Current Portion of Long-Term Debt	-	1,314	2,247	1,516	1,043	1,124
Other Current Liabilities	1,856	1,802	2,066	1,248	1,807	531.99
Long-Term Debt	10,551	7,676	4,836	4,797	6,700	4,220
Long-Term Leases	120.84	134.26	150.01	115.95	184.86	197.42
Long-Term Unearned Revenue	48.17	48.69	50.85	52.8	54.86	56.91
Long-Term Deferred Tax Liabilities	29.59	4.76	339.69	77.6	41.28	45.19
Other Long-Term Liabilities	496.57	134.81	148.51	163.41	146.59	284.34
Total Liabilities	41,923	39,567	35,930	29,988	32,546	28,158
Common Stock	4,202	4,202	4,202	4,202	4,202	4,202
Additional Paid-In Capital	-	6,056	6,056	6,066	6,066	6,066
Retained Earnings	6,144	5,947	5,357	4,630	4,468	4,235
Comprehensive Income & Other	7,330	1,084	689.73	-77.92	-125.06	-84.37
Total Common Equity	17,677	17,290	16,306	14,821	14,611	14,419
Minority Interest	588.43	571.26	506.31	472.17	649.34	569.75
Shareholders' Equity	18,265	17,861	16,812	15,293	15,261	14,989
Total Liabilities & Equity	60,188	57,428	52,742	45,281	47,807	43,147
Total Debt	22,093	22,445	21,347	20,101	21,171	17,086
Net Cash (Debt)	10,764	9,122	9,843	7,070	11,509	9,842
Net Cash Growth	17.17%	-7.32%	39.21%	-38.56%	16.93%	-15.54%
Net Cash Per Share	2.56	2.17	2.40	1.71	2.87	2.38
Filing Date Shares Outstanding	4,202	4,202	4,202	4,202	4,202	4,202
Total Common Shares Outstanding	4,202	4,202	4,202	4,202	4,202	4,202
Working Capital	17,614	14,015	12,588	13,242	16,164	13,979
Book Value Per Share	4.21	4.11	3.88	3.53	3.48	3.43
Tangible Book Value	16,821	16,416	15,385	13,877	13,677	13,502
Tangible Book Value Per Share	4.00	3.91	3.66	3.30	3.25	3.21

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