SHE:300190 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	658.53	735.7	669.2	644.05	922.54	1,117
Trading Asset Securities	-	-	4.7	-	241.55	260.68
Cash & Short-Term Investments	658.53	735.7	673.9	644.05	1,164	1,377
Cash Growth	53.23%	9.17%	4.63%	-44.67%	-15.48%	2.61%
Accounts Receivable	1,705	1,834	2,179	2,545	2,754	3,247
Other Receivables	136.62	127.59	138.09	143.56	164.4	184.64
Receivables	1,842	1,961	2,317	2,688	2,918	3,432
Inventory	317.58	321.17	448.35	706.78	817.77	750.59
Other Current Assets	179.17	173.78	212.56	286.81	335.93	441.41
Total Current Assets	2,997	3,192	3,652	4,326	5,236	6,001
Property, Plant & Equipment	931.61	916.21	985.53	1,149	1,079	1,288
Long-Term Investments	562.33	571.61	568.23	541.4	495.45	457.65
Goodwill	335.06	335.06	457.67	751.5	800.39	973.21
Other Intangible Assets	1,330	1,324	1,689	2,087	2,134	1,837
Long-Term Accounts Receivable	16	16	17.3	18.53	7.39	7.46
Long-Term Deferred Tax Assets	235.94	237.12	227.03	191	127.69	62.34
Long-Term Deferred Charges	16.06	14.53	19.75	16.7	26.3	25.87
Other Long-Term Assets	19.02	19.35	20.68	-	-	-
Total Assets	6,443	6,626	7,638	9,081	9,906	10,653
Accounts Payable	826	919.6	1,120	1,301	1,528	1,827
Accrued Expenses	22.33	155.72	189.97	180.53	217.76	286.71
Short-Term Debt	996.12	1,074	1,019	1,293	1,416	1,241
Current Portion of Long-Term Debt	392.21	832.26	438.67	126.82	165.94	357.38
Current Portion of Leases	-	5.97	6.65	4.86	1.56	-
Current Income Taxes Payable	108.38	7.34	7.78	5.51	16.13	24.42
Current Unearned Revenue	165.67	131.73	183.92	188.24	196.68	224.79
Other Current Liabilities	111.3	156.32	224.94	267.27	271.37	270.72
Total Current Liabilities	2,622	3,283	3,191	3,367	3,813	4,232
Long-Term Debt	402.86	374.82	1,280	1,692	1,766	1,517
Long-Term Leases	29.02	29.11	33.19	32.26	2.1	1.91
Long-Term Unearned Revenue	150.64	151.51	174.87	188.73	201.85	198.64
Long-Term Deferred Tax Liabilities	3.43	3.43	1.91	1.94	0.23	-
Other Long-Term Liabilities	60.29	53.07	69.02	103.8	156.68	182.12
Total Liabilities	3,268	3,895	4,750	5,386	5,940	6,131
Common Stock	935.71	815.85	781.6	781.59	781.59	781.59
Additional Paid-In Capital	2,651	2,345	2,262	2,262	2,261	2,277
Retained Earnings	-525.04	-531.34	-181.72	562.21	798.12	1,326
Treasury Stock	-	-	-90.72	-39.89	-4.53	-
Comprehensive Income & Other	3.78	4.91	1.05	3.92	2.31	-0.39
Total Common Equity	3,065	2,635	2,773	3,570	3,839	4,384
Minority Interest	109.25	96.32	114.52	124.78	126.88	137.09
Shareholders' Equity	3,174	2,731	2,887	3,695	3,966	4,521
Total Liabilities & Equity	6,443	6,626	7,638	9,081	9,906	10,653
Total Debt	1,820	2,316	2,778	3,149	3,351	3,116
Net Cash (Debt)	-1,162	-1,580	-2,104	-2,505	-2,187	-1,739
Net Cash Per Share	-1.54	-1.99	-2.74	-3.17	-2.77	-2.00
Filing Date Shares Outstanding	935.71	815.85	750.18	753.08	777.06	781.59
Total Common Shares Outstanding	935.71	815.85	750.18	753.08	777.06	781.59
Working Capital	374.82	-90.64	461.39	959.19	1,423	1,769
Book Value Per Share	3.28	3.23	3.70	4.74	4.94	5.61
Tangible Book Value	1,400	975.92	625.93	732.01	904.5	1,575
Tangible Book Value Per Share	1.50	1.20	0.83	0.97	1.16	2.01
Buildings	-	761.49	715.4	759.67	459.08	401.23
Machinery	-	802.41	885	896.19	1,070	767.53
Construction In Progress	-	21.46	36.69	74.22	354.69	841.96

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