SHE:300215 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	303.54	381.25	345.22	438.86	562.98
Trading Asset Securities	130.55	37.59	-	120.04	153.42
Cash & Short-Term Investments	434.09	418.83	345.22	558.9	716.4
Cash Growth	3.64%	21.32%	-38.23%	-21.98%	-25.99%
Accounts Receivable	64.31	86.28	91.84	123.73	124.75
Other Receivables	23.61	0.44	0.81	14.32	0.4
Receivables	87.91	86.72	92.65	138.05	125.15
Inventory	0.55	0.41	0.37	1.39	0.86
Other Current Assets	67.21	6.84	6.69	17.51	23.48
Total Current Assets	589.76	512.8	444.93	715.85	865.89
Property, Plant & Equipment	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	21.22
Other Intangible Assets	44.8	46.1	47.35	48.75	50.14
Long-Term Deferred Tax Assets	12.96	11.79	5.92	1.44	2.45
Long-Term Deferred Charges	17.49	23.88	28.31	22.13	27.24
Other Long-Term Assets	11.15	1.5	0.57	2.06	7.5
Total Assets	2,476	2,669	2,870	3,388	3,770
Accounts Payable	89.68	138.48	141.3	167.12	123.94
Accrued Expenses	22.76	29.35	23.12	21.11	5.86
Short-Term Debt	25	55.03	235.21	616.45	509.04
Current Portion of Long-Term Debt	181.69	173.24	65.77	156.89	503.27
Current Portion of Leases	-	-	0.56	-	-
Current Income Taxes Payable	6.89	0.94	0.02	-	10
Current Unearned Revenue	61.9	48.79	53.62	66.28	77.98
Other Current Liabilities	3.91	4.74	5	6.67	14.3
Total Current Liabilities	391.84	450.57	524.6	1,035	1,244
Long-Term Debt	71.37	204.76	329.54	354.85	550.38
Long-Term Leases	0.14	-	-	-	-
Long-Term Unearned Revenue	9.85	14.05	13.26	15.84	16.78
Long-Term Deferred Tax Liabilities	0.95	1.88	0	0.01	1.86
Total Liabilities	474.15	671.26	867.4	1,405	1,813
Common Stock	749.09	749.09	749.09	758.32	758.32
Additional Paid-In Capital	657.15	657.15	657.15	723.08	723.08
Retained Earnings	585.65	582.63	586.85	567.75	534.63
Treasury Stock	-	-	-	-75.15	-75.15
Comprehensive Income & Other	-0.66	-1.55	-	-	-
Total Common Equity	1,991	1,987	1,993	1,974	1,941
Minority Interest	10.72	10.01	9.14	8.43	16.09
Shareholders' Equity	2,002	1,997	2,002	1,982	1,957
Total Liabilities & Equity	2,476	2,669	2,870	3,388	3,770
Total Debt	278.2	433.03	631.08	1,128	1,563
Net Cash (Debt)	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	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	1,938	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.