HUAXI 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	4,706	4,760	4,199	2,788	2,531	2,853
Short-Term Investments	43,319	37,971	35,509	28,143	33,424	32,589
Trading Asset Securities	23,365	17,899	15,711	13,729	29,414	25,794
Accounts Receivable	51.01	51.8	41.75	49.26	75.97	358.3
Other Receivables	25,048	24,781	21,011	18,136	16,539	18,219
Property, Plant & Equipment	679.53	696.04	732.4	727.67	741.66	753.5
Goodwill	13.7	13.7	13.7	13.7	13.7	13.7
Other Intangible Assets	116.07	120.44	118.63	140.35	107.65	88.83
Investments in Debt & Equity Securities	5,192	3,250	-275.21	1,244	6,201	7,002
Other Current Assets	9,515	11,139	17,487	17,631	7,713	7,326
Long-Term Deferred Tax Assets	652.79	671.18	689.64	641.31	626.08	469.05
Other Long-Term Assets	509.76	4,039	5,053	5,579	322.04	264.36
Total Assets	113,168	105,443	100,346	88,890	97,747	95,795
Accrued Expenses	45,082	40,004	34,349	24,890	27,180	28,137
Short-Term Debt	13,260	12,442	16,865	15,033	21,366	23,641
Current Portion of Long-Term Debt	4,582	12,315	9,849	9,296	2,652	-
Current Portion of Leases	-	63.76	65.23	61.49	-	-
Other Current Liabilities	531.75	939.76	683.49	3,454	3,204	1,553
Long-Term Debt	23,761	14,342	14,351	12,619	19,476	18,592
Long-Term Leases	146.37	92.6	97.12	65.37	138.88	162.7
Long-Term Unearned Revenue	16.26	18.79	25.28	39.41	39.18	38.08
Long-Term Deferred Tax Liabilities	142.86	154.1	142.6	86.57	75.25	92.92
Other Long-Term Liabilities	176.14	116.5	182.15	525.02	965.69	839.22
Total Liabilities	87,924	80,652	76,783	66,088	75,307	73,391
Common Stock	2,625	2,625	2,625	2,625	2,625	2,625
Additional Paid-In Capital	-	8,114	8,114	8,114	8,114	8,114
Retained Earnings	14,542	14,148	13,006	12,408	12,062	11,902
Comprehensive Income & Other	8,063	-109.47	-198.28	-362.45	-382.73	-263.4
Total Common Equity	25,230	24,778	23,547	22,785	22,418	22,378
Minority Interest	13.93	14.1	16.02	17.28	22	26.41
Shareholders' Equity	25,244	24,792	23,563	22,802	22,440	22,404
Total Liabilities & Equity	113,168	105,443	100,346	88,890	97,747	95,795
Total Debt	41,749	39,255	41,227	37,074	43,633	42,396
Net Cash (Debt)	29,641	21,375	14,192	7,586	21,735	18,840
Net Cash Growth	48.48%	50.61%	87.09%	-65.10%	15.37%	25.58%
Net Cash Per Share	11.41	8.14	5.46	2.86	8.23	7.16
Filing Date Shares Outstanding	2,625	2,625	2,625	2,625	2,625	2,625
Total Common Shares Outstanding	2,625	2,625	2,625	2,625	2,625	2,625
Working Capital	42,323	30,673	31,974	27,724	35,084	33,475
Book Value Per Share	9.61	9.44	8.97	8.68	8.54	8.52
Tangible Book Value	25,100	24,644	23,414	22,631	22,297	22,275
Tangible Book Value Per Share	9.56	9.39	8.92	8.62	8.49	8.49

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