SHE:300065 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	329.23	373.06	276.75	311.95	586.3	317.07
Trading Asset Securities	514.65	549.01	693.6	652.82	484.45	597.33
Cash & Short-Term Investments	843.88	922.07	970.35	964.76	1,071	914.4
Cash Growth	-9.80%	-4.98%	0.58%	-9.90%	17.10%	-17.43%
Accounts Receivable	390.02	375.36	370.98	403.82	394.7	494.22
Other Receivables	23.82	22.17	23.74	24.11	84.38	125.37
Receivables	413.84	397.53	394.72	427.93	479.07	619.59
Inventory	196.16	120.24	326.65	134.09	253.81	177.34
Other Current Assets	80.39	78.2	68.61	51.77	98.67	106.56
Total Current Assets	1,534	1,518	1,760	1,579	1,902	1,818
Property, Plant & Equipment	501.3	495.22	311.85	311.73	245.41	152.37
Long-Term Investments	135.44	134.14	104.26	77.7	105.96	82.8
Goodwill	0.49	0.49	0.73	4.71	4.78	300.91
Other Intangible Assets	156.56	164.68	188.61	294.5	209.56	347.89
Long-Term Deferred Tax Assets	46.73	50.35	35.45	36.26	25.52	23.84
Long-Term Deferred Charges	53.11	51.07	39.96	16.72	25.78	128.91
Other Long-Term Assets	24.52	24.52	-	-	84.29	-
Total Assets	2,452	2,439	2,441	2,320	2,604	2,855
Accounts Payable	237.84	254.45	209.39	270.6	172.61	103.42
Accrued Expenses	18.43	30.69	22.85	10.04	23.62	21.43
Short-Term Debt	49.9	30.5	69.06	165.95	116.93	95.04
Current Portion of Long-Term Debt	2.97	-	4.83	4.85	20.1	24.32
Current Portion of Leases	-	3.35	1.32	1.8	4.03	1.28
Current Income Taxes Payable	19.35	7.2	11.21	15.24	5.4	29.6
Current Unearned Revenue	190.95	173.86	284.75	53.96	185.37	78.39
Other Current Liabilities	55.11	55.25	81.04	76.91	89.05	102.01
Total Current Liabilities	574.55	555.29	684.46	599.34	617.1	455.48
Long-Term Debt	-	-	-	5.19	18	439.22
Long-Term Leases	3.43	4.22	1.29	1.64	8.49	20.58
Long-Term Unearned Revenue	108.34	109.51	46.62	13.86	22.04	16.36
Long-Term Deferred Tax Liabilities	7.94	8.04	0.54	1.01	0.41	5.06
Other Long-Term Liabilities	1.78	1.78	-	-	-	-
Total Liabilities	696.04	678.84	732.9	621.06	666.04	936.71
Common Stock	721.54	721.54	720.49	723.33	724.48	629.83
Additional Paid-In Capital	1,455	1,452	1,441	1,466	1,570	748.82
Retained Earnings	-414.41	-418.73	-459.02	-466.58	-350.22	438.23
Treasury Stock	-	-	-	-29.2	-4.86	-13.5
Comprehensive Income & Other	-5.47	4.7	5.64	5.37	8.35	98.84
Total Common Equity	1,757	1,760	1,708	1,699	1,948	1,902
Minority Interest	-0.31	-0.01	0.13	0.11	-10.4	15.67
Shareholders' Equity	1,756	1,760	1,708	1,699	1,938	1,918
Total Liabilities & Equity	2,452	2,439	2,441	2,320	2,604	2,855
Total Debt	56.3	38.08	76.51	179.44	167.55	580.44
Net Cash (Debt)	787.58	883.99	893.84	785.33	903.2	333.96
Net Cash Growth	-11.36%	-1.10%	13.82%	-13.05%	170.45%	25.27%
Net Cash Per Share	1.09	1.22	1.23	1.09	1.38	0.55
Filing Date Shares Outstanding	721.54	721.54	720.49	720.63	685.8	618.22
Total Common Shares Outstanding	721.54	721.54	720.49	720.63	685.8	618.22
Working Capital	959.72	962.75	1,076	979.21	1,285	1,362
Book Value Per Share	2.43	2.44	2.37	2.36	2.84	3.08
Tangible Book Value	1,600	1,595	1,519	1,400	1,734	1,253
Tangible Book Value Per Share	2.22	2.21	2.11	1.94	2.53	2.03
Buildings	-	175.11	113.31	113.31	113.31	113.31
Machinery	-	299.69	231.81	272.85	66.64	80.9
Construction In Progress	-	120.17	51.44	1.01	118.14	5.9

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