Shanghai Shenda 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	1,993	1,929	1,912	2,168	1,834	1,399
Short-Term Investments	-	10	-	-	-	-
Trading Asset Securities	0.27	0.29	55.21	0.1	0.1	71.55
Cash & Short-Term Investments	1,993	1,939	1,967	2,168	1,834	1,471
Cash Growth	17.71%	-1.42%	-9.25%	18.22%	24.69%	1.87%
Accounts Receivable	1,851	1,925	1,886	1,949	1,875	1,413
Other Receivables	46.32	63.12	79.66	72.22	73.68	96.1
Receivables	1,897	1,988	1,966	2,021	1,948	1,509
Inventory	827.4	849.32	765.68	855	760.68	869.97
Other Current Assets	348.13	292.19	353.12	368.49	350.52	366.35
Total Current Assets	5,066	5,069	5,052	5,412	4,893	4,216
Property, Plant & Equipment	3,359	3,413	3,425	3,689	3,813	3,785
Long-Term Investments	849.15	831.7	792.96	799.44	775.33	675.37
Goodwill	402.39	408.11	416.45	410.93	404.75	443.7
Other Intangible Assets	114.15	125.4	141.89	170.68	205.95	251.19
Long-Term Accounts Receivable	-	5.44	-	-	-	-
Long-Term Deferred Tax Assets	151.67	154.85	140.82	117.42	102.38	115.4
Long-Term Deferred Charges	75.28	148.2	173.44	134.83	135.19	138.48
Other Long-Term Assets	139.95	82.34	91.99	74.63	42.17	46.92
Total Assets	10,158	10,237	10,234	10,810	10,372	9,672
Accounts Payable	1,564	1,771	1,790	1,957	2,062	1,375
Accrued Expenses	305.29	395.42	383.98	339.54	626.08	362.5
Short-Term Debt	1,466	1,298	1,202	1,737	350.81	193.63
Current Portion of Long-Term Debt	265.75	156.86	162.99	183.63	2,565	223.37
Current Portion of Leases	-	125.97	122.44	113.75	125.76	116.39
Current Income Taxes Payable	64.88	4.56	5.03	9.14	14.95	51
Current Unearned Revenue	411.77	354.64	285.26	286.51	353.49	492.29
Other Current Liabilities	596.57	491.28	501.78	468.17	183.36	505.97
Total Current Liabilities	4,675	4,598	4,454	5,095	6,282	3,320
Long-Term Debt	1,364	1,463	1,661	1,539	130	2,157
Long-Term Leases	432.27	432.78	473.37	526.6	526.42	469.86
Long-Term Unearned Revenue	23.86	25.46	28.33	30.4	30.66	37.73
Pension & Post-Retirement Benefits	-	35.8	26.12	19.85	18.42	18.96
Long-Term Deferred Tax Liabilities	40.04	40.73	38.38	38.65	32.64	30.12
Other Long-Term Liabilities	43.41	17.4	26.94	51.81	42.55	43.1
Total Liabilities	6,578	6,613	6,709	7,301	7,063	6,077
Common Stock	1,321	1,321	1,321	1,321	1,108	1,108
Additional Paid-In Capital	1,560	1,560	1,560	1,560	1,352	1,331
Retained Earnings	503.03	514.95	504.05	446.48	793.63	996.01
Comprehensive Income & Other	-176.59	-140.82	-197.83	-144.02	-142.77	-153.44
Total Common Equity	3,208	3,255	3,187	3,184	3,111	3,281
Minority Interest	371.62	369.4	338.46	325.07	198.16	314.54
Shareholders' Equity	3,579	3,625	3,526	3,509	3,309	3,596
Total Liabilities & Equity	10,158	10,237	10,234	10,810	10,372	9,672
Total Debt	3,528	3,477	3,623	4,100	3,698	3,160
Net Cash (Debt)	-1,535	-1,538	-1,655	-1,932	-1,865	-1,690
Net Cash Per Share	-1.18	-1.18	-1.25	-1.61	-1.68	-1.76
Filing Date Shares Outstanding	1,321	1,321	1,321	1,321	1,108	1,108
Total Common Shares Outstanding	1,321	1,321	1,321	1,321	1,108	1,108
Working Capital	391.63	471.1	597.82	317.37	-1,389	896.64
Book Value Per Share	2.43	2.46	2.41	2.41	2.81	2.96
Tangible Book Value	2,691	2,722	2,629	2,602	2,500	2,586
Tangible Book Value Per Share	2.04	2.06	1.99	1.97	2.26	2.33
Land	-	101.13	91.79	95.51	91.3	87.94
Buildings	-	1,272	1,211	1,248	1,205	1,156
Machinery	-	4,493	4,377	4,207	3,787	3,494
Construction In Progress	-	265.41	130.93	197.64	401.51	359.03