SHE:300215 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	309.81	303.54	381.25	345.22	438.86	562.98
Trading Asset Securities	189.58	130.55	37.59	-	120.04	153.42
Cash & Short-Term Investments	499.39	434.09	418.83	345.22	558.9	716.4
Cash Growth	-5.12%	3.64%	21.32%	-38.23%	-21.98%	-25.99%
Accounts Receivable	51.46	64.31	86.28	91.84	123.73	124.75
Other Receivables	23.77	23.61	0.44	0.81	14.32	0.4
Receivables	75.23	87.91	86.72	92.65	138.05	125.15
Inventory	0.54	0.55	0.41	0.37	1.39	0.86
Other Current Assets	58.85	67.21	6.84	6.69	17.51	23.48
Total Current Assets	634.01	589.76	512.8	444.93	715.85	865.89
Property, Plant & Equipment	1,739	1,796	2,055	2,326	2,579	2,774
Long-Term Investments	-	-	14.02	13	14.49	21.63
Goodwill	3.53	3.53	3.53	3.53	3.53	21.22
Other Intangible Assets	44.45	44.8	46.1	47.35	48.75	50.14
Long-Term Deferred Tax Assets	12.51	12.96	11.79	5.92	1.44	2.45
Long-Term Deferred Charges	15.93	17.49	23.88	28.31	22.13	27.24
Other Long-Term Assets	12.01	11.15	1.5	0.57	2.06	7.5
Total Assets	2,461	2,476	2,669	2,870	3,388	3,770
Accounts Payable	89.46	89.68	138.48	141.3	167.12	123.94
Accrued Expenses	0.98	22.76	29.35	23.12	21.11	5.86
Short-Term Debt	65.04	25	55.03	235.21	616.45	509.04
Current Portion of Long-Term Debt	204.6	181.69	173.24	65.77	156.89	503.27
Current Portion of Leases	-	-	-	0.56	-	-
Current Income Taxes Payable	5.12	6.89	0.94	0.02	-	10
Current Unearned Revenue	52.48	61.9	48.79	53.62	66.28	77.98
Other Current Liabilities	3.46	3.91	4.74	5	6.67	14.3
Total Current Liabilities	421.14	391.84	450.57	524.6	1,035	1,244
Long-Term Debt	28.87	71.37	204.76	329.54	354.85	550.38
Long-Term Leases	0.14	0.14	-	-	-	-
Long-Term Unearned Revenue	9.16	9.85	14.05	13.26	15.84	16.78
Long-Term Deferred Tax Liabilities	0.93	0.95	1.88	0	0.01	1.86
Total Liabilities	460.23	474.15	671.26	867.4	1,405	1,813
Common Stock	749.09	749.09	749.09	749.09	758.32	758.32
Additional Paid-In Capital	657.15	657.15	657.15	657.15	723.08	723.08
Retained Earnings	587.68	585.65	582.63	586.85	567.75	534.63
Treasury Stock	-	-	-	-	-75.15	-75.15
Comprehensive Income & Other	-2.77	-0.66	-1.55	-	-	-
Total Common Equity	1,991	1,991	1,987	1,993	1,974	1,941
Minority Interest	9.93	10.72	10.01	9.14	8.43	16.09
Shareholders' Equity	2,001	2,002	1,997	2,002	1,982	1,957
Total Liabilities & Equity	2,461	2,476	2,669	2,870	3,388	3,770
Total Debt	298.64	278.2	433.03	631.08	1,128	1,563
Net Cash (Debt)	200.75	155.89	-14.2	-285.86	-569.3	-846.3
Net Cash Per Share	-	0.23	-0.02	-0.45	-0.69	-1.14
Filing Date Shares Outstanding	-	381.14	749.09	749.09	749.09	749.09
Total Common Shares Outstanding	-	381.14	749.09	749.09	749.09	749.09
Working Capital	212.86	197.92	62.23	-79.67	-318.68	-378.5
Book Value Per Share	-	5.22	2.65	2.66	2.64	2.59
Tangible Book Value	1,943	1,943	1,938	1,942	1,922	1,870
Tangible Book Value Per Share	-	5.10	2.59	2.59	2.57	2.50
Buildings	-	-	1,060	1,060	1,060	1,060
Machinery	-	-	3,555	3,555	3,518	2,992
Construction In Progress	-	-	250.61	246.17	246.88	697.85

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