SHE:002989 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	351.71	285.24	640.93	806.9	1,064	479.89
Trading Asset Securities	440.33	356.14	241.36	296.49	252.26	433.57
Cash & Short-Term Investments	792.04	641.38	882.29	1,103	1,317	913.46
Cash Growth	16.90%	-27.30%	-20.04%	-16.20%	44.14%	-11.61%
Accounts Receivable	352.64	413.01	599.44	1,098	1,628	2,020
Other Receivables	48.77	46.94	58.66	78.87	95.43	172.44
Receivables	401.41	459.95	658.09	1,177	1,724	2,192
Inventory	8.5	5.51	4.35	3.85	15.49	20.98
Other Current Assets	119.67	103.51	2.5	9.34	7.73	5.98
Total Current Assets	1,322	1,210	1,547	2,293	3,064	3,133
Property, Plant & Equipment	140.14	147.03	167.61	208.97	148.28	88.73
Long-Term Investments	447.88	406.24	201.61	1.18	1.41	1.64
Other Intangible Assets	7.79	8.19	9.79	9.57	9.28	8.22
Long-Term Deferred Tax Assets	126	125.88	129.95	126.92	66.2	55.71
Long-Term Deferred Charges	0.89	0.96	-	-	-	-
Other Long-Term Assets	163.88	190.95	237.5	328.41	335.03	106.89
Total Assets	2,208	2,090	2,294	2,969	3,624	3,394
Accounts Payable	243.61	286.76	352.58	634.34	1,151	1,342
Accrued Expenses	19.57	30.87	32.16	35.77	76.83	114.82
Short-Term Debt	30.2	-	-	14.44	-	130.27
Current Portion of Long-Term Debt	1.86	2.78	4.95	2.47	1.48	-
Current Portion of Leases	-	1.3	0.06	0.01	0.29	0.21
Current Income Taxes Payable	5.13	-	-	-	8.65	13.9
Current Unearned Revenue	108.4	14.48	16.89	20.66	58.68	55.12
Other Current Liabilities	100.92	46.49	56.6	70.25	76.56	63.32
Total Current Liabilities	509.69	382.68	463.24	777.94	1,373	1,719
Long-Term Debt	213.53	210.76	318.02	518.47	485.42	-
Long-Term Leases	6.76	6.7	-	-	0.03	0.11
Long-Term Unearned Revenue	0.98	1.01	1.14	1.26	1.38	1.5
Long-Term Deferred Tax Liabilities	-	0	-	-	-	-
Other Long-Term Liabilities	6.54	6.46	9.19	3.56	0.1	0.11
Total Liabilities	737.49	607.62	791.59	1,301	1,860	1,721
Common Stock	201.61	201.61	195.09	181.7	181.69	151.4
Additional Paid-In Capital	1,210	1,210	1,065	796.35	796.2	826.28
Retained Earnings	26.22	-12.77	153.07	581.44	682.12	705.61
Comprehensive Income & Other	-3.04	44.85	64.79	107.82	103.57	-10.32
Total Common Equity	1,434	1,443	1,478	1,667	1,764	1,673
Minority Interest	36.2	38.75	24.41	-	-	-
Shareholders' Equity	1,471	1,482	1,502	1,667	1,764	1,673
Total Liabilities & Equity	2,208	2,090	2,294	2,969	3,624	3,394
Total Debt	252.34	221.55	323.02	535.38	487.22	130.6
Net Cash (Debt)	539.69	419.84	559.26	568	829.43	782.86
Net Cash Growth	42.69%	-24.93%	-1.54%	-31.52%	5.95%	5.78%
Net Cash Per Share	2.59	2.10	3.08	3.41	4.93	4.33
Filing Date Shares Outstanding	201.61	201.61	195.09	181.7	181.69	181.68
Total Common Shares Outstanding	201.61	201.61	195.09	181.7	181.69	181.68
Working Capital	811.93	827.67	1,084	1,516	1,690	1,414
Book Value Per Share	7.12	7.16	7.57	9.18	9.71	9.21
Tangible Book Value	1,427	1,435	1,468	1,658	1,754	1,665
Tangible Book Value Per Share	7.08	7.12	7.52	9.12	9.66	9.16
Buildings	-	201.75	225.79	258.3	182.81	113.7
Machinery	-	15.82	16.84	20.92	28.56	27.61