SHE:300018 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	197.43	442.22	123.68	177.71	203.44	250.67
Short-Term Investments	-	83.86	-	32.86	33.11	-
Trading Asset Securities	353	85	435	468	405	268
Cash & Short-Term Investments	550.43	611.08	558.68	678.57	641.55	518.67
Cash Growth	-1.88%	9.38%	-17.67%	5.77%	23.69%	-6.58%
Accounts Receivable	172.01	204.23	222.03	202.2	174.44	205.69
Other Receivables	12.6	7.37	10.07	10.2	26.39	43.35
Receivables	184.61	211.6	232.1	212.4	200.83	249.04
Inventory	197.82	187.93	143.26	126.44	139.87	138
Other Current Assets	135.47	3.58	3.68	3.54	4.74	8.66
Total Current Assets	1,068	1,014	937.71	1,021	986.99	914.36
Property, Plant & Equipment	35.52	37.14	38.16	43.32	46.7	62.8
Long-Term Investments	448.13	573.39	456.6	186.54	268.39	334.64
Goodwill	6.22	6.22	6.22	6.22	6.22	16.05
Other Intangible Assets	19.18	19.46	20.55	21.8	22.94	25.87
Long-Term Deferred Tax Assets	6.42	7.1	7.42	6.47	6.9	13.64
Long-Term Deferred Charges	1.87	2.21	1.39	1	1.63	3.6
Other Long-Term Assets	116.52	57.77	47.66	152.38	48.36	49.96
Total Assets	1,702	1,717	1,516	1,439	1,388	1,421
Accounts Payable	120.16	132.26	107.6	69.34	66.64	59.31
Accrued Expenses	11.07	50.63	45.57	37.72	35.77	35.57
Short-Term Debt	-	-	-	-	-	2
Current Portion of Long-Term Debt	-	-	-	-	-	0.5
Current Portion of Leases	0.84	0.82	0.2	0.76	1.18	1.69
Current Income Taxes Payable	11.86	3.25	5.64	5.27	10.08	2.47
Current Unearned Revenue	107.71	107.36	56.29	57.41	36.62	43.05
Other Current Liabilities	4.01	6.62	5.97	6.17	12.59	26.51
Total Current Liabilities	255.64	300.94	221.26	176.69	162.88	171.1
Long-Term Debt	-	-	-	-	-	4.5
Long-Term Leases	1.86	1.85	0.1	0.3	1.27	2.78
Long-Term Deferred Tax Liabilities	1.8	1.83	7.26	4.5	0.25	-
Other Long-Term Liabilities	-	-	-	-	2.8	-
Total Liabilities	259.3	304.62	228.63	181.48	167.19	178.38
Common Stock	485.34	485.34	480.83	480.83	480.83	480.83
Additional Paid-In Capital	620.77	620.01	604.18	595.76	595.03	595.03
Retained Earnings	336.8	307.52	202.07	149.14	113.07	104.23
Total Common Equity	1,443	1,413	1,287	1,226	1,189	1,180
Minority Interest	-	-	-	31.47	32.02	62.45
Shareholders' Equity	1,443	1,413	1,287	1,257	1,221	1,243
Total Liabilities & Equity	1,702	1,717	1,516	1,439	1,388	1,421
Total Debt	2.69	2.67	0.3	1.06	2.45	11.48
Net Cash (Debt)	547.74	608.41	558.38	677.51	639.1	507.19
Net Cash Growth	-2.31%	8.96%	-17.58%	6.01%	26.01%	-7.47%
Net Cash Per Share	1.12	1.22	1.16	1.35	1.45	1.08
Filing Date Shares Outstanding	485.34	485.34	480.83	480.83	480.83	480.83
Total Common Shares Outstanding	485.34	485.34	480.83	480.83	480.83	480.83
Working Capital	812.68	713.26	716.44	844.28	824.11	743.26
Book Value Per Share	2.97	2.91	2.68	2.55	2.47	2.45
Tangible Book Value	1,417	1,387	1,260	1,198	1,160	1,138
Tangible Book Value Per Share	2.92	2.86	2.62	2.49	2.41	2.37
Buildings	-	44.12	44.12	44.12	44.12	55.77
Machinery	-	50.1	47.6	45.94	42.37	60.22
Construction In Progress	-	1.34	1.24	0.56	0.52	-

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