SHE:300113 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	448.93	376.33	778.59	1,380	1,235	1,294
Short-Term Investments	-	-	177.11	10	50.05	60.08
Trading Asset Securities	415.09	444.11	184.74	13.93	4.3	20.46
Cash & Short-Term Investments	864.02	820.44	1,140	1,404	1,290	1,374
Cash Growth	-4.08%	-28.06%	-18.75%	8.84%	-6.16%	41.74%
Accounts Receivable	112.14	103.17	95.06	88.67	70.33	89.14
Other Receivables	5.71	6.08	12.67	10.3	22.89	67.62
Receivables	117.85	109.25	107.72	98.97	93.22	156.76
Inventory	5.36	6.34	28.21	4.2	5.44	7.57
Other Current Assets	196.07	201.17	9.22	8.15	13.51	8.9
Total Current Assets	1,183	1,137	1,286	1,515	1,402	1,547
Property, Plant & Equipment	268.12	242.12	245.62	190.04	155.51	142.2
Long-Term Investments	415.21	430.5	993.55	470.14	450.59	537.57
Goodwill	224.65	224.65	224.65	225.05	227.6	688
Other Intangible Assets	3.42	3.94	5.07	5.07	11.21	15.87
Long-Term Accounts Receivable	-	-	-	-	-	5.5
Long-Term Deferred Tax Assets	24.6	24.19	18.76	23.85	24.48	15.83
Long-Term Deferred Charges	18.07	16.66	23.37	17.92	25.33	28.52
Other Long-Term Assets	957.46	970.34	0.59	0.13	-	1.98
Total Assets	3,095	3,050	2,797	2,447	2,296	2,983
Accounts Payable	76.98	69.51	127.29	59.78	61.13	59.2
Accrued Expenses	44.33	99.39	130.79	134.98	90.4	151.64
Current Portion of Long-Term Debt	9.77	10.54	-	-	-	-
Current Portion of Leases	-	-	12.88	5.78	13.73	20.09
Current Income Taxes Payable	20.61	28.09	19.09	4.9	4.96	19.3
Current Unearned Revenue	131.65	113.35	85.44	73.84	78.9	81.52
Other Current Liabilities	40.18	38.21	60.95	58.01	81.8	115.14
Total Current Liabilities	323.52	359.08	436.44	337.29	330.92	446.9
Long-Term Leases	64.22	65.91	76.56	17.25	26.63	44.12
Long-Term Unearned Revenue	0.83	0.89	0.94	1	0.06	6.42
Long-Term Deferred Tax Liabilities	9.3	10.02	0.03	0.1	0.18	0.54
Total Liabilities	397.87	435.9	513.96	355.64	357.79	497.98
Common Stock	683.57	683.57	694.29	694.29	694.29	694.29
Additional Paid-In Capital	145.68	145.68	264.52	301.73	280.71	310.22
Retained Earnings	2,060	1,979	1,623	1,422	1,298	1,752
Treasury Stock	-113.24	-113.24	-243.7	-289.11	-255.86	-283.7
Comprehensive Income & Other	-142.28	-137.86	-109.53	-110.9	-124.05	-36.81
Total Common Equity	2,634	2,557	2,229	2,018	1,893	2,436
Minority Interest	63.45	56.26	54.46	73.05	45.48	49.24
Shareholders' Equity	2,697	2,614	2,283	2,091	1,939	2,485
Total Liabilities & Equity	3,095	3,050	2,797	2,447	2,296	2,983
Total Debt	73.99	76.45	89.44	23.03	40.36	64.21
Net Cash (Debt)	790.03	743.99	1,051	1,381	1,249	1,310
Net Cash Growth	-2.99%	-29.21%	-23.87%	10.51%	-4.64%	35.12%
Net Cash Per Share	1.17	1.10	1.54	2.04	1.85	1.93
Filing Date Shares Outstanding	670.76	670.84	674.16	678.72	678.72	673.21
Total Common Shares Outstanding	670.76	670.84	674.16	678.72	683.92	673.21
Working Capital	859.78	778.12	849.15	1,178	1,071	1,101
Book Value Per Share	3.93	3.81	3.31	2.97	2.77	3.62
Tangible Book Value	2,405	2,329	1,999	1,788	1,654	1,732
Tangible Book Value Per Share	3.59	3.47	2.97	2.63	2.42	2.57
Buildings	-	-	138.42	138.42	67.72	-
Machinery	-	-	125.81	121.65	129.71	144.62
Construction In Progress	-	-	-	-	-	5.41

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