SHE:300150 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	254.44	273.84	315.7	265.9	304.34	337.17
Trading Asset Securities	239.13	253.42	99.71	-	-	-
Cash & Short-Term Investments	493.57	527.25	415.41	265.9	304.34	337.17
Cash Growth	21.16%	26.92%	56.23%	-12.63%	-9.74%	-12.81%
Accounts Receivable	869.62	972.29	968.92	1,066	977.03	1,007
Other Receivables	27.17	18.82	21.67	24.04	28.76	34.37
Receivables	896.79	991.11	990.59	1,091	1,006	1,041
Inventory	229.26	222.04	279.41	343.73	283.17	284.23
Other Current Assets	26.39	21.42	17.9	19.99	43.92	32.65
Total Current Assets	1,646	1,762	1,703	1,720	1,637	1,695
Property, Plant & Equipment	64.15	65.59	56.07	51.66	56.5	60.83
Long-Term Investments	76.31	78.67	72.26	72.77	76.43	98.83
Goodwill	127.35	127.35	127.35	127.35	127.35	483.67
Other Intangible Assets	5.71	7.48	14.04	20.76	28.28	34.22
Long-Term Deferred Tax Assets	23.6	24.54	22.95	23.47	17.08	13.12
Long-Term Deferred Charges	5.04	5.15	6.35	3.69	4.4	5.16
Other Long-Term Assets	23.09	23.41	30.41	25.93	27.2	28.46
Total Assets	1,971	2,094	2,033	2,046	1,974	2,419
Accounts Payable	261.53	300.03	310.55	371.62	326.92	314.9
Accrued Expenses	10.25	24.97	38.1	31.45	34.46	40.34
Short-Term Debt	44.9	64.9	41	58	30	29
Current Portion of Long-Term Debt	3.3	3.39	-	-	-	-
Current Portion of Leases	-	-	4.16	1.95	2.4	2.09
Current Income Taxes Payable	3.24	15.52	2.88	1.52	0.43	5.97
Current Unearned Revenue	27.77	23.59	34.68	39.29	18.57	28.93
Other Current Liabilities	31.07	59.14	44.87	29.21	31.27	54.56
Total Current Liabilities	382.05	491.54	476.25	533.04	444.05	475.78
Long-Term Leases	4.92	5.72	12.46	6.87	7.49	8.11
Long-Term Deferred Tax Liabilities	0.32	0.55	0.2	0.06	0.05	-
Other Long-Term Liabilities	9.06	8.77	6.07	-	-	-
Total Liabilities	396.36	506.57	494.97	539.97	451.59	483.89
Common Stock	585.11	585.11	585.11	585.11	585.11	585.11
Additional Paid-In Capital	1,098	1,098	1,098	1,098	1,097	1,097
Retained Earnings	-109.81	-97.57	-149.08	-183.25	-165.75	245.45
Total Common Equity	1,573	1,585	1,534	1,500	1,516	1,927
Minority Interest	2.06	2.36	3.38	5.82	6.46	7.96
Shareholders' Equity	1,575	1,587	1,538	1,506	1,523	1,935
Total Liabilities & Equity	1,971	2,094	2,033	2,046	1,974	2,419
Total Debt	53.12	74.01	57.62	66.82	39.89	39.2
Net Cash (Debt)	440.45	453.24	357.79	199.08	264.45	297.97
Net Cash Growth	29.61%	26.68%	79.72%	-24.72%	-11.25%	-12.29%
Net Cash Per Share	0.78	0.79	0.63	0.34	0.45	0.52
Filing Date Shares Outstanding	582.68	534.71	585.11	585.11	585.11	585.11
Total Common Shares Outstanding	582.68	534.71	585.11	585.11	585.11	585.11
Working Capital	1,264	1,270	1,227	1,187	1,193	1,219
Book Value Per Share	2.70	2.96	2.62	2.56	2.59	3.29
Tangible Book Value	1,440	1,450	1,393	1,352	1,361	1,409
Tangible Book Value Per Share	2.47	2.71	2.38	2.31	2.33	2.41
Buildings	-	-	57.68	57.68	57.68	57.68
Machinery	-	-	45.86	46.15	45.51	47.26
Construction In Progress	-	-	1.3	1.3	1.3	1.5

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