SHE:300030 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	125.11	160.32	247.95	214.71	221.05	345.74
Short-Term Investments	-	-	1.01	-	-	-
Trading Asset Securities	43	-	-	23	3	-
Cash & Short-Term Investments	168.11	160.32	248.96	237.71	224.05	345.74
Cash Growth	6.48%	-35.60%	4.73%	6.10%	-35.20%	27.29%
Accounts Receivable	120.95	163.34	205.95	185.67	228.24	231.72
Other Receivables	2.45	3.6	4.98	86.89	83.82	76.59
Receivables	123.4	166.94	210.93	272.56	312.06	308.31
Inventory	90.92	81.15	102.88	132.47	139.3	151.66
Prepaid Expenses	-	1.19	0.9	0.73	-	4.62
Other Current Assets	47.74	13.74	25.43	20.96	42.84	33.61
Total Current Assets	430.17	423.34	589.1	664.43	718.24	843.94
Property, Plant & Equipment	361.34	357.61	377.05	370.62	407.12	408.54
Long-Term Investments	154.51	165.49	183	252.42	264.14	312.67
Goodwill	-	-	7.8	19.67	22.61	76.23
Other Intangible Assets	32.86	33.71	38.64	44.29	76.22	119.59
Long-Term Accounts Receivable	-	-	0.07	25.64	8.72	8.54
Long-Term Deferred Tax Assets	33.61	35.85	38.68	39.42	52.69	29.44
Long-Term Deferred Charges	4.88	5.18	5.9	2.69	4.81	8.95
Other Long-Term Assets	5.74	5.73	3.9	6.78	3.64	17.15
Total Assets	1,023	1,027	1,244	1,426	1,558	1,825
Accounts Payable	63.1	70.58	81.37	89.94	118.65	82.47
Accrued Expenses	25.25	45.54	51.89	41.77	38.77	39.72
Short-Term Debt	102.58	119.97	282.02	353.79	382.3	247.3
Current Portion of Long-Term Debt	9.25	8.72	10.8	29.53	3.04	218.13
Current Portion of Leases	-	0.34	3.35	5.6	8.89	13.2
Current Income Taxes Payable	6.92	0.38	0.44	0.56	0.87	0.62
Current Unearned Revenue	66.47	64.31	75.28	71.49	75.22	61.42
Other Current Liabilities	22	8.04	6.93	10.69	10.73	14.78
Total Current Liabilities	295.56	317.87	512.07	603.37	638.46	677.64
Long-Term Debt	21.81	24.03	51.72	6	25.5	28.5
Long-Term Leases	0.44	0.66	2.32	5.5	6.56	17.7
Long-Term Unearned Revenue	21.57	23.43	28.71	37.82	59.95	64.45
Long-Term Deferred Tax Liabilities	1.85	1.85	1.48	6.11	4.4	6.33
Other Long-Term Liabilities	4.77	3.98	3.98	4.83	2.7	-
Total Liabilities	346.01	371.82	600.28	663.63	737.57	794.63
Common Stock	309.19	309.19	309.19	309.19	309.19	309.19
Additional Paid-In Capital	399.05	399.05	399.05	399.05	399.05	399.05
Retained Earnings	-61.43	-83.11	-97.64	20.26	83.47	294.28
Comprehensive Income & Other	-4.76	-4.79	-3.87	-5.42	-7.36	-2.33
Total Common Equity	642.05	620.34	606.73	723.08	784.35	1,000
Minority Interest	35.05	34.76	37.13	39.25	36.26	30.24
Shareholders' Equity	677.1	655.1	643.86	762.33	820.61	1,030
Total Liabilities & Equity	1,023	1,027	1,244	1,426	1,558	1,825
Total Debt	134.08	153.73	350.2	400.42	426.29	524.83
Net Cash (Debt)	34.03	6.59	-101.24	-162.71	-202.25	-179.09
Net Cash Per Share	0.11	0.02	-0.33	-0.51	-0.65	-0.58
Filing Date Shares Outstanding	309.71	309.19	309.19	309.19	309.19	309.19
Total Common Shares Outstanding	309.71	309.19	309.19	309.19	309.19	309.19
Working Capital	134.6	105.47	77.03	61.06	79.78	166.3
Book Value Per Share	2.07	2.01	1.96	2.34	2.54	3.23
Tangible Book Value	609.19	586.62	560.29	659.13	685.52	804.37
Tangible Book Value Per Share	1.97	1.90	1.81	2.13	2.22	2.60
Buildings	-	342.49	258.61	258.36	285.31	265.73
Machinery	-	256.07	266.12	314.35	311.92	278.11
Construction In Progress	-	0.35	80.54	45.35	34.76	63.2

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