SHE:300222 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	319.84	587.79	595.93	675.02	820.7	803.89
Trading Asset Securities	222.19	207.77	332.43	210.54	347.09	663.17
Cash & Short-Term Investments	542.03	795.56	928.37	885.55	1,168	1,467
Cash Growth	-20.87%	-14.31%	4.83%	-24.17%	-20.40%	142.71%
Accounts Receivable	1,667	1,727	1,699	1,964	1,983	1,914
Other Receivables	56.28	43.75	75.01	105.24	102.24	115.44
Receivables	1,723	1,771	1,774	2,069	2,086	2,030
Inventory	935.77	845.88	989.02	1,222	1,228	1,478
Other Current Assets	126.62	86.84	76.71	105.83	163.79	242.28
Total Current Assets	3,328	3,500	3,768	4,282	4,645	5,217
Property, Plant & Equipment	341.77	340.03	334.69	379.72	376.34	377.22
Long-Term Investments	371.13	371.4	382.65	350.68	266.45	311.99
Goodwill	8.47	8.47	8.47	8.47	56.53	108.53
Other Intangible Assets	116.69	79.19	81.96	90.58	105.29	120.05
Long-Term Accounts Receivable	-	37.63	30.53	30.68	27.58	12.59
Long-Term Deferred Tax Assets	62.99	62.24	55.67	53.87	58.6	63.96
Long-Term Deferred Charges	14.1	12.31	9.35	15.29	9.28	10.69
Other Long-Term Assets	237.41	212.3	216.52	231.27	240.48	248.64
Total Assets	4,480	4,623	4,888	5,443	5,786	6,470
Accounts Payable	1,674	1,703	1,737	1,884	2,020	2,073
Accrued Expenses	28.69	144.23	124.19	140.41	149.61	114.74
Short-Term Debt	89.47	76.72	270.69	391.28	484.96	497.26
Current Portion of Long-Term Debt	-	-	20.14	15.19	10.27	10.28
Current Portion of Leases	11.65	12.19	6.78	14.23	12.11	9.21
Current Income Taxes Payable	23.48	6.06	15.37	13.23	9.46	13.64
Current Unearned Revenue	454.86	505.31	541.84	699.45	666.94	928.63
Other Current Liabilities	134.09	142.47	132.72	187.17	52.84	136.06
Total Current Liabilities	2,417	2,590	2,848	3,345	3,406	3,782
Long-Term Debt	-	-	94	160	175	185
Long-Term Leases	17.25	17.63	0.95	13.81	13.47	12.18
Long-Term Unearned Revenue	201.13	206.63	216.12	225.55	234.73	247
Long-Term Deferred Tax Liabilities	0.23	0.24	0.24	0.41	0.48	0.84
Other Long-Term Liabilities	-	-	19.25	31.55	30.51	29.22
Total Liabilities	2,635	2,814	3,179	3,776	3,861	4,257
Common Stock	778.28	778.28	780.24	780.24	780.24	780.24
Additional Paid-In Capital	659.61	649.34	3,229	3,277	3,293	3,290
Retained Earnings	336.98	309.76	-2,331	-2,401	-2,273	-1,981
Treasury Stock	-	-	-24	-	-	-
Comprehensive Income & Other	-5.97	-5.82	-7.06	-7.07	-4.54	-1.46
Total Common Equity	1,769	1,732	1,648	1,650	1,796	2,088
Minority Interest	76.28	77.52	60.98	16.63	129.26	125.86
Shareholders' Equity	1,845	1,809	1,709	1,666	1,925	2,214
Total Liabilities & Equity	4,480	4,623	4,888	5,443	5,786	6,470
Total Debt	118.37	106.54	392.57	594.52	695.81	713.93
Net Cash (Debt)	423.66	689.02	535.8	291.04	471.98	753.13
Net Cash Growth	-3.21%	28.60%	84.10%	-38.34%	-37.33%	-
Net Cash Per Share	0.53	0.85	0.69	0.36	0.60	0.98
Filing Date Shares Outstanding	778.28	778.28	778.28	780.24	780.24	780.24
Total Common Shares Outstanding	778.28	778.28	780.24	780.24	780.24	780.24
Working Capital	911.25	910	919.58	937.15	1,239	1,434
Book Value Per Share	2.27	2.22	2.11	2.11	2.30	2.68
Tangible Book Value	1,644	1,644	1,557	1,551	1,634	1,859
Tangible Book Value Per Share	2.11	2.11	2.00	1.99	2.09	2.38
Buildings	-	316.43	311.57	314.93	314.15	314.15
Machinery	-	205.26	200.45	224.15	209.26	191.52
Construction In Progress	-	1.14	5.56	0.52	1.98	3.6

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