SHE:300006 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	Dec '21 Dec 31, 2021
Cash & Equivalents	919.68	926.06	1,072	836.44	846.29	559.43
Cash & Short-Term Investments	919.68	926.06	1,072	836.44	846.29	559.43
Cash Growth	8.20%	-13.62%	28.18%	-1.16%	51.28%	2.67%
Accounts Receivable	254.9	252.92	286.67	339.21	348.39	445.38
Other Receivables	200.84	149.15	166.75	268.73	312.52	539.13
Receivables	455.74	402.08	453.42	607.94	660.9	984.51
Inventory	151.45	161.33	201.7	171	202.4	157.77
Prepaid Expenses	-	7.29	11.3	3.58	2.66	4.5
Other Current Assets	43.08	24.58	31.57	27.21	33.23	20.78
Total Current Assets	1,570	1,521	1,770	1,646	1,745	1,727
Property, Plant & Equipment	245.98	252.17	274.92	286.97	339.92	392.49
Long-Term Investments	371.49	384.12	378.28	519.68	522.71	481.36
Goodwill	44.95	44.95	44.95	32.94	32.94	32.94
Other Intangible Assets	129.17	131.18	181.83	189.3	184.11	116.36
Long-Term Accounts Receivable	-	-	-	34.06	32.41	-
Long-Term Deferred Tax Assets	156.99	152.39	128.24	132.35	116.58	104.62
Long-Term Deferred Charges	65.15	55.52	40.36	27.24	63.37	62.53
Other Long-Term Assets	28.78	33.04	37.13	22.15	17.64	9.47
Total Assets	2,612	2,575	2,856	2,891	3,055	2,927
Accounts Payable	93	93.48	65.62	37.9	49.63	34.26
Accrued Expenses	24.71	99.58	110.77	107.55	110.39	109.24
Short-Term Debt	213.67	179.42	242.91	113.5	121.5	130
Current Portion of Long-Term Debt	134.2	131.8	102.75	24	58	-
Current Portion of Leases	-	3.61	3.65	4.26	30.2	55.41
Current Income Taxes Payable	9.77	0.86	1.31	2.12	7.87	7.03
Current Unearned Revenue	15.64	13.21	13.79	17.85	24.04	13.07
Other Current Liabilities	289.61	206.54	260.8	255.09	299.51	317.8
Total Current Liabilities	780.59	728.49	801.61	562.27	701.14	666.8
Long-Term Debt	47.52	57.2	141.45	126.5	149	-
Long-Term Leases	1.09	1.46	3.83	2.53	6.57	33.9
Long-Term Unearned Revenue	4.76	4.45	6.29	6.39	9.04	12.26
Long-Term Deferred Tax Liabilities	18.89	19.05	19.29	19.26	4.47	1.68
Other Long-Term Liabilities	-	-	-	51.76	-	-
Total Liabilities	852.85	810.65	972.47	768.71	870.22	714.65
Common Stock	1,056	1,056	1,056	1,056	1,056	1,056
Additional Paid-In Capital	1,507	1,507	1,483	1,483	1,475	1,459
Retained Earnings	-765.68	-750.67	-501.33	-414.9	-406.22	-358.52
Comprehensive Income & Other	-56.23	-56.23	-162.53	-43.77	-	-
Total Common Equity	1,741	1,756	1,875	2,081	2,124	2,156
Minority Interest	18.72	8.18	8.04	41.51	60.52	55.78
Shareholders' Equity	1,760	1,764	1,883	2,122	2,185	2,212
Total Liabilities & Equity	2,612	2,575	2,856	2,891	3,055	2,927
Total Debt	396.48	373.48	494.59	270.79	365.27	219.32
Net Cash (Debt)	523.2	552.58	577.51	565.65	481.02	340.11
Net Cash Growth	5.07%	-4.32%	2.10%	17.59%	41.43%	-
Net Cash Per Share	0.50	0.52	0.55	0.54	0.46	0.34
Filing Date Shares Outstanding	1,057	1,056	1,056	1,056	1,056	1,056
Total Common Shares Outstanding	1,057	1,056	1,056	1,056	1,056	1,056
Working Capital	789.35	792.85	968.49	1,084	1,044	1,060
Book Value Per Share	1.65	1.66	1.78	1.97	2.01	2.04
Tangible Book Value	1,567	1,580	1,649	1,858	1,907	2,007
Tangible Book Value Per Share	1.48	1.50	1.56	1.76	1.81	1.90
Buildings	-	408.44	411.75	413.99	412.67	412.67
Machinery	-	660.32	652.83	646.2	674.06	664.11
Construction In Progress	-	0.61	7	2.46	3.78	4.09

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