SHE:300055 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	325.18	289.58	618.31	642.47	577.83	946.97
Short-Term Investments	-	600.43	468.81	255.79	-	291.7
Trading Asset Securities	169.81	220.21	61.1	194.92	276.12	0.4
Cash & Short-Term Investments	494.99	1,110	1,148	1,093	853.95	1,239
Cash Growth	-48.74%	-3.31%	5.03%	28.02%	-31.08%	25.05%
Accounts Receivable	458.65	470.73	615.44	558.6	659.93	915.1
Other Receivables	163.85	524.18	488.34	410.96	395.6	437.47
Receivables	622.5	994.91	1,104	969.56	1,056	1,353
Inventory	308.47	304.58	189.65	183.16	270.03	218.23
Other Current Assets	947.57	123.01	61.52	297.64	165.98	294.56
Total Current Assets	2,374	2,533	2,503	2,544	2,345	3,104
Property, Plant & Equipment	4,894	4,884	4,101	3,126	3,025	2,676
Long-Term Investments	201.15	201.15	478.46	427.54	1,344	47.68
Other Intangible Assets	549.25	555.69	571.37	552.16	381.33	397.8
Long-Term Deferred Tax Assets	176.26	165.11	140.45	109.06	116.96	89.32
Long-Term Deferred Charges	35.89	36.77	49.99	44.05	19.8	26.27
Other Long-Term Assets	256.53	260.58	338.25	403.23	360.39	910.43
Total Assets	8,487	8,636	8,183	7,205	7,593	7,252
Accounts Payable	1,595	1,896	1,764	978.09	1,280	756.09
Accrued Expenses	7.96	44.25	49.91	50.17	58.28	24.19
Short-Term Debt	270.82	250.57	158.71	100.03	75	30
Current Portion of Long-Term Debt	81.21	70.5	60	110	198.95	84.75
Current Portion of Leases	-	15.09	1	0.86	-	-
Current Income Taxes Payable	40.8	19.25	16.48	8.87	12.16	17.41
Current Unearned Revenue	54.49	63.58	120.76	187.7	270.84	298.96
Other Current Liabilities	15.6	32.47	41.16	20.65	11.46	44.94
Total Current Liabilities	2,066	2,392	2,212	1,456	1,907	1,256
Long-Term Debt	875.37	845.37	320.98	135	235.5	399.44
Long-Term Leases	-	15.3	0.39	1.39	-	-
Long-Term Unearned Revenue	40.07	40.38	34.73	32.41	33.87	36.37
Long-Term Deferred Tax Liabilities	13.26	14.09	13.42	13.96	39.93	17.53
Other Long-Term Liabilities	218.43	101.88	97.12	92.59	100.32	-
Total Liabilities	3,213	3,409	2,679	1,732	2,317	1,710
Common Stock	836.75	836.75	836.75	836.75	803.1	865.18
Additional Paid-In Capital	3,360	3,360	3,366	3,366	3,058	3,615
Retained Earnings	720.11	684.12	951.7	928.69	1,120	1,066
Treasury Stock	-	-	-	-	-	-441.22
Comprehensive Income & Other	-9.69	-10.77	2.42	1.17	0.31	0.38
Total Common Equity	4,907	4,870	5,157	5,132	4,981	5,104
Minority Interest	366.46	356.9	347.58	341.2	295.81	438
Shareholders' Equity	5,274	5,227	5,504	5,474	5,277	5,542
Total Liabilities & Equity	8,487	8,636	8,183	7,205	7,593	7,252
Total Debt	1,227	1,197	541.07	347.28	509.45	514.18
Net Cash (Debt)	-732.42	-86.62	607.15	745.91	344.5	724.88
Net Cash Growth	-	-	-18.60%	116.52%	-52.48%	49.89%
Net Cash Per Share	-0.88	-0.10	0.73	0.89	0.43	0.87
Filing Date Shares Outstanding	836.77	836.75	836.75	836.75	803.1	803.1
Total Common Shares Outstanding	836.77	836.75	836.75	836.75	803.1	803.1
Working Capital	307.78	141.11	291.29	1,087	438.57	1,848
Book Value Per Share	5.86	5.82	6.16	6.13	6.20	6.36
Tangible Book Value	4,358	4,315	4,585	4,580	4,600	4,707
Tangible Book Value Per Share	5.21	5.16	5.48	5.47	5.73	5.86
Buildings	-	2,860	2,389	2,168	1,964	1,815
Machinery	-	1,682	1,216	1,288	1,015	1,011
Construction In Progress	-	1,260	1,272	420.05	679.63	354.42

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