SHE:002148 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	Jan '22 Jan 1, 2022
Cash & Equivalents	76.28	58.64	48.04	114.34	84.77	75.24
Short-Term Investments	-	82.35	34.37	60.04	-	-
Trading Asset Securities	407.71	409.5	491.26	471.88	513.72	513.09
Cash & Short-Term Investments	484	550.5	573.67	646.26	598.49	588.33
Cash Growth	-8.67%	-4.04%	-11.23%	7.98%	1.73%	-2.18%
Accounts Receivable	25.97	26.67	14.55	10.01	19.95	19.6
Other Receivables	25.87	23.43	25.47	18.8	19.4	20.5
Receivables	51.84	50.1	40.03	28.81	39.34	40.1
Inventory	5.18	8.42	7.68	1.85	1.28	1.26
Prepaid Expenses	-	8.98	4.9	2.15	5.86	6.7
Other Current Assets	150.74	67.44	60.86	33.51	15.42	25.69
Total Current Assets	691.77	685.44	687.13	712.58	660.4	662.08
Property, Plant & Equipment	164.32	166.19	169.51	174.74	180.85	185.49
Long-Term Investments	191.99	180.9	188.7	120.8	114.79	82.93
Other Intangible Assets	4.87	5.09	5.95	6.81	7.68	8.63
Long-Term Deferred Tax Assets	3.74	3.41	2.51	4.23	7.03	10.28
Long-Term Deferred Charges	3.49	4.42	6.13	3.21	0.25	0.25
Other Long-Term Assets	319.56	321.73	329.82	335.6	343.19	350.77
Total Assets	1,380	1,367	1,390	1,358	1,314	1,300
Accounts Payable	17.4	17.24	14.42	12.21	10.49	0.12
Accrued Expenses	3.35	4.57	5.1	4.42	4.64	7.73
Current Portion of Leases	-	0.5	0.57	0.51	0.7	0.21
Current Income Taxes Payable	1.82	0.3	0.06	0.04	0.06	1.32
Current Unearned Revenue	47.67	45.39	51.4	54.72	35.87	31.68
Other Current Liabilities	49.88	46.38	52.23	34.56	39.59	52.39
Total Current Liabilities	120.48	114.38	123.79	106.45	91.36	93.44
Long-Term Leases	0.62	0.55	0.18	0.34	0.82	0.22
Long-Term Deferred Tax Liabilities	26.8	26.8	26.8	26.8	26.8	26.8
Other Long-Term Liabilities	0.84	0.84	0.54	-	-	-
Total Liabilities	148.73	142.57	151.31	133.58	118.98	120.45
Common Stock	558.99	558.99	561	558.94	560.9	571.37
Additional Paid-In Capital	209.28	208.64	206.51	205.92	202.84	239.57
Retained Earnings	462.79	460.38	474.92	457.07	439.77	439.63
Treasury Stock	-10.22	-10.22	-15.02	-3.83	-8.04	-71.78
Comprehensive Income & Other	-0.97	-0.68	-	-	-	-
Total Common Equity	1,220	1,217	1,227	1,218	1,195	1,179
Minority Interest	11.15	7.5	11.02	6.3	-0.27	1.17
Shareholders' Equity	1,231	1,225	1,238	1,224	1,195	1,180
Total Liabilities & Equity	1,380	1,367	1,390	1,358	1,314	1,300
Total Debt	0.98	1.06	0.76	0.84	1.52	0.42
Net Cash (Debt)	483.02	549.44	572.91	645.42	596.97	587.91
Net Cash Growth	-8.49%	-4.10%	-11.24%	8.12%	1.54%	-2.15%
Net Cash Per Share	0.86	0.98	1.09	1.13	1.06	1.05
Filing Date Shares Outstanding	561.77	592	413.7	558.94	565.76	560.55
Total Common Shares Outstanding	561.77	592	413.7	558.94	565.76	560.55
Working Capital	571.29	571.05	563.34	606.13	569.04	568.64
Book Value Per Share	2.17	2.06	2.97	2.18	2.11	2.10
Tangible Book Value	1,215	1,212	1,221	1,211	1,188	1,170
Tangible Book Value Per Share	2.16	2.05	2.95	2.17	2.10	2.09
Buildings	-	221.53	221.53	221.53	221.53	221.53
Machinery	-	29.3	29.23	29.16	28.73	28.9

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