SHE:300217 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	729.59	569.7	524.75	1,465	1,381	457.85
Trading Asset Securities	813.24	904.68	849.2	80.11	392.24	701.72
Cash & Short-Term Investments	1,543	1,474	1,374	1,545	1,773	1,160
Cash Growth	16.36%	7.31%	-11.06%	-12.86%	52.88%	111.74%
Accounts Receivable	1,831	1,955	2,033	1,945	1,982	1,635
Other Receivables	13.48	10.52	23.15	28.5	23.91	18.86
Receivables	1,845	1,965	2,057	1,973	2,006	1,654
Inventory	1,320	1,249	1,529	2,006	1,838	1,139
Prepaid Expenses	-	12.08	39.83	100.61	36.71	4.37
Other Current Assets	160.25	138.31	103.23	86.05	167.56	177.1
Total Current Assets	4,868	4,839	5,103	5,711	5,821	4,134
Property, Plant & Equipment	1,132	1,175	1,188	1,151	995.12	844.65
Long-Term Investments	82.16	82.42	58.73	63.87	43.23	35.7
Goodwill	40.59	40.59	40.59	50.55	50.55	50.55
Other Intangible Assets	174.95	176.88	192.79	192.96	202.21	210.36
Long-Term Deferred Tax Assets	60.26	60.41	60.12	47.5	41.39	29.2
Long-Term Deferred Charges	6.17	5.99	4.9	5.1	3.56	5.25
Other Long-Term Assets	16.13	21.04	42.47	48.04	80.01	24.49
Total Assets	6,380	6,401	6,690	7,270	7,238	5,334
Accounts Payable	887.45	820.45	911.62	1,021	1,068	815.85
Accrued Expenses	46.65	77.52	64.65	79.85	99.79	56.95
Short-Term Debt	78.27	103.11	57.2	226.24	173.37	220.27
Current Portion of Long-Term Debt	1.18	-	-	-	50.07	0.09
Current Portion of Leases	-	1.18	1.55	1.41	6.84	1.62
Current Income Taxes Payable	9.43	7.88	28.3	60.6	8.76	8.78
Current Unearned Revenue	734.11	738.89	954.69	1,465	1,675	553.58
Other Current Liabilities	286.02	341.94	457.67	439.34	777.83	725.02
Total Current Liabilities	2,043	2,091	2,476	3,293	3,860	2,382
Long-Term Debt	-	-	-	-	-	80
Long-Term Leases	3.81	3.81	2.4	2.26	1.09	2.56
Long-Term Unearned Revenue	37.79	38.31	41.29	43.15	46.25	49.64
Long-Term Deferred Tax Liabilities	5.22	5.51	16.25	16.53	18.97	11.9
Total Liabilities	2,090	2,139	2,536	3,355	3,926	2,526
Common Stock	1,478	1,478	1,478	1,488	1,488	1,441
Additional Paid-In Capital	746.27	746.27	769.48	807.28	822.33	574.94
Retained Earnings	2,023	1,994	1,886	1,669	1,055	781.98
Treasury Stock	-	-	-13	-55.81	-70.1	-
Comprehensive Income & Other	-0.33	-0.58	-0.92	-0.68	-0.41	0.95
Total Common Equity	4,247	4,218	4,119	3,907	3,294	2,799
Minority Interest	43.27	44.36	34.82	7.22	16.98	9.07
Shareholders' Equity	4,290	4,262	4,154	3,914	3,311	2,808
Total Liabilities & Equity	6,380	6,401	6,690	7,270	7,238	5,334
Total Debt	83.26	108.1	61.16	229.92	231.37	304.54
Net Cash (Debt)	1,460	1,366	1,313	1,315	1,541	855.03
Net Cash Growth	11.58%	4.08%	-0.16%	-14.70%	80.27%	343.83%
Net Cash Per Share	1.03	0.96	0.87	0.88	1.07	0.64
Filing Date Shares Outstanding	1,481	1,478	1,338	1,487	1,477	1,441
Total Common Shares Outstanding	1,481	1,478	1,338	1,487	1,477	1,441
Working Capital	2,825	2,748	2,627	2,417	1,962	1,752
Book Value Per Share	2.87	2.85	3.08	2.63	2.23	1.94
Tangible Book Value	4,031	4,001	3,886	3,664	3,042	2,538
Tangible Book Value Per Share	2.72	2.71	2.91	2.46	2.06	1.76
Buildings	-	950.03	953.24	905.87	793.78	779.33
Machinery	-	1,033	917.54	814.96	632.65	554.43
Construction In Progress	-	35.25	67.07	72.86	136.05	10.54

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