SHE:300039 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	786.25	980.71	593.31	601.94	694.69	1,345
Short-Term Investments	-	-	924.87	-	-	58.32
Trading Asset Securities	305.02	58.53	180.02	150.01	136.07	51.26
Cash & Short-Term Investments	1,091	1,039	1,698	751.95	830.76	1,455
Cash Growth	-44.58%	-38.80%	125.84%	-9.49%	-42.88%	-0.23%
Accounts Receivable	424.78	409.79	471.99	529.32	530.33	567.99
Other Receivables	1.32	0.34	34.51	10.34	35.77	46.77
Receivables	426.1	410.13	506.51	539.67	566.09	614.76
Inventory	189.02	200.41	187.85	171.79	160.8	165.14
Other Current Assets	350.44	588.31	22.81	11.47	16.77	19.99
Total Current Assets	2,057	2,238	2,415	1,475	1,574	2,254
Property, Plant & Equipment	273.26	280.52	267.85	290.09	304.66	307.78
Long-Term Investments	1,399	1,166	1,624	2,730	1,312	711.06
Goodwill	-	-	-	-	9.04	13.79
Other Intangible Assets	162.27	163.57	168.8	45.11	44.23	42.9
Long-Term Deferred Tax Assets	19.79	21.47	29.44	31.61	18.26	15.1
Long-Term Deferred Charges	2.61	2.66	2.44	0.21	0.32	-
Other Long-Term Assets	1,176	906.46	11.03	7.64	996.49	10.75
Total Assets	5,090	4,778	4,518	4,580	4,259	3,356
Accounts Payable	127.53	93.61	99.37	134.85	91.01	75.02
Accrued Expenses	0.59	1.23	26.46	23.27	29.69	15.92
Short-Term Debt	4.73	4.08	5.42	-	-	-
Current Income Taxes Payable	23.67	37.57	31.62	41.08	35.54	3.47
Current Unearned Revenue	12.11	12.44	18.29	45.69	40.04	2.88
Other Current Liabilities	16.8	17.99	51.15	89.96	99.67	93.39
Total Current Liabilities	185.43	166.91	232.3	334.85	295.96	190.68
Long-Term Unearned Revenue	46.58	44.26	48.03	43.26	39.51	47.16
Long-Term Deferred Tax Liabilities	182.42	148.47	135.11	168.71	162.77	73.06
Total Liabilities	414.43	359.64	415.45	546.82	498.24	310.9
Common Stock	1,046	1,046	1,046	1,046	1,046	1,046
Additional Paid-In Capital	8.62	8.62	8.62	8.62	8.62	8.62
Retained Earnings	2,613	2,548	2,323	2,050	1,785	1,577
Comprehensive Income & Other	1,008	815.43	724.5	926.33	921.98	413.53
Total Common Equity	4,676	4,418	4,102	4,031	3,762	3,045
Minority Interest	0.27	0.39	0.97	1.64	-0.72	-0
Shareholders' Equity	4,676	4,419	4,103	4,033	3,761	3,045
Total Liabilities & Equity	5,090	4,778	4,518	4,580	4,259	3,356
Total Debt	4.73	4.08	5.42	-	-	-
Net Cash (Debt)	1,087	1,035	1,693	751.95	830.76	1,455
Net Cash Growth	-44.65%	-38.85%	125.12%	-9.49%	-42.88%	2.28%
Net Cash Per Share	1.04	0.99	1.62	0.72	0.79	1.39
Filing Date Shares Outstanding	1,046	1,046	1,046	1,046	1,046	1,046
Total Common Shares Outstanding	1,046	1,046	1,046	1,046	1,046	1,046
Working Capital	1,871	2,071	2,183	1,140	1,278	2,064
Book Value Per Share	4.47	4.22	3.92	3.85	3.60	2.91
Tangible Book Value	4,513	4,255	3,933	3,986	3,708	2,988
Tangible Book Value Per Share	4.31	4.07	3.76	3.81	3.55	2.86
Buildings	-	-	386.31	383.04	372.25	342.91
Machinery	-	-	425.35	441.06	427.9	407.9
Construction In Progress	-	-	1.23	0.52	6.18	34.15

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