SHE:300085 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	256.24	265.53	274.99	496.13	274.97	399.87
Trading Asset Securities	-	-	-	-	-	63.01
Cash & Short-Term Investments	256.24	265.53	274.99	496.13	274.97	462.88
Cash Growth	-5.59%	-3.44%	-44.57%	80.43%	-40.60%	-17.69%
Accounts Receivable	136.75	132.69	200.27	241.7	289.04	258.34
Other Receivables	10.38	25.1	36.51	47.82	45.45	53.5
Receivables	147.13	157.79	236.78	289.53	334.5	311.84
Inventory	102.38	102.75	106.9	100.83	101.27	136.19
Other Current Assets	70.88	69.67	84.74	87.72	73.1	126.33
Total Current Assets	576.63	595.74	703.42	974.21	783.84	1,037
Property, Plant & Equipment	32.65	28.91	33.63	20.59	22.97	32.84
Long-Term Investments	253.04	258.78	278.9	315.92	358.33	420.9
Goodwill	3.88	3.88	3.88	3.88	3.88	23.63
Other Intangible Assets	8.03	8.75	46.57	58.06	62.17	54.06
Long-Term Deferred Tax Assets	14.73	14.45	27.62	43.76	48.85	45.5
Long-Term Deferred Charges	2.29	2.53	3.08	10.21	10.26	15.88
Other Long-Term Assets	0.27	0.29	0.46	0.21	0	-
Total Assets	891.53	913.32	1,098	1,427	1,290	1,630
Accounts Payable	120.3	141.35	128.17	170.41	66.39	98.81
Accrued Expenses	21.34	23.24	30.05	41.05	50.54	42.46
Short-Term Debt	188.49	176.58	257.53	416.72	257.17	412.8
Current Portion of Long-Term Debt	-	0.52	-	-	-	-
Current Portion of Leases	-	6.92	8.57	5.26	7.2	11.5
Current Income Taxes Payable	-	2.9	2.78	2.3	2.23	2.49
Current Unearned Revenue	58.01	56.25	58.94	53.51	49.37	54.8
Other Current Liabilities	28.06	33.11	46.36	58.24	68.86	10.4
Total Current Liabilities	416.2	440.87	532.39	747.49	501.76	633.26
Long-Term Debt	38.73	22.46	-	-	-	-
Long-Term Leases	15.76	13.31	14.87	3.3	3.6	6.89
Long-Term Unearned Revenue	2.01	2.02	2.05	2.09	2.44	3
Long-Term Deferred Tax Liabilities	4.31	3.72	4.93	2.4	2.8	1.82
Other Long-Term Liabilities	3.53	3.61	3.54	3.13	2.78	2.97
Total Liabilities	480.54	485.99	557.78	758.41	513.38	647.94
Common Stock	706.64	706.64	706.64	706.64	706.64	706.64
Additional Paid-In Capital	376.36	367.87	336.48	337.35	340.56	369.9
Retained Earnings	-612.47	-590.88	-457.99	-328.88	-212.54	-12.33
Comprehensive Income & Other	-50.83	-49.84	-45.73	-46.69	-51.57	-110.77
Total Common Equity	419.69	433.79	539.4	668.42	783.1	953.44
Minority Interest	-8.71	-6.45	0.38	-	-6.17	28.67
Shareholders' Equity	410.99	427.33	539.78	668.42	776.93	982.11
Total Liabilities & Equity	891.53	913.32	1,098	1,427	1,290	1,630
Total Debt	242.98	219.79	280.96	425.28	267.97	431.19
Net Cash (Debt)	13.26	45.73	-5.97	70.85	7	31.69
Net Cash Growth	61.33%	-	-	912.17%	-77.91%	-67.28%
Net Cash Per Share	0.02	0.06	-0.01	0.10	0.01	0.04
Filing Date Shares Outstanding	705.66	706.64	706.64	706.64	706.64	706.64
Total Common Shares Outstanding	705.66	706.64	706.64	706.64	706.64	706.64
Working Capital	160.43	154.87	171.03	226.72	282.09	403.98
Book Value Per Share	0.59	0.61	0.76	0.95	1.11	1.35
Tangible Book Value	407.78	421.16	488.95	606.49	717.05	875.75
Tangible Book Value Per Share	0.58	0.60	0.69	0.86	1.01	1.24
Buildings	-	5.14	5.14	5.14	5.14	5.14
Machinery	-	32.47	40.36	40.66	37.97	28.77

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