SHE:300229 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	762.09	798.02	1,083	331.18	528.23	491.36
Trading Asset Securities	594.8	693.18	361.26	197.62	183.48	414.33
Cash & Short-Term Investments	1,357	1,491	1,444	528.8	711.71	905.69
Cash Growth	-4.54%	3.27%	173.07%	-25.70%	-21.42%	85.44%
Accounts Receivable	450.78	473.22	641.37	616.86	553.68	532.81
Other Receivables	16.04	21.07	14.74	19.46	27.1	32.6
Receivables	466.82	494.29	656.11	636.32	580.77	565.41
Inventory	35.33	29.87	28.25	66.39	120.1	93.68
Other Current Assets	7.17	4.44	15.29	25.78	39.78	18.35
Total Current Assets	1,866	2,020	2,144	1,257	1,452	1,583
Property, Plant & Equipment	522.1	535.55	555.22	673.91	561.74	310.33
Long-Term Investments	505.45	457.49	440.94	472.13	485.87	447.47
Goodwill	236.11	236.11	386.53	485.21	485.21	493.46
Other Intangible Assets	639.79	648.45	637.27	545.74	460.09	394.59
Long-Term Deferred Tax Assets	38.88	37.4	35.91	34.55	45.92	43.91
Long-Term Deferred Charges	1.15	1.3	2.11	3.13	3.73	2.08
Other Long-Term Assets	269.55	271.68	280.2	274.04	388.84	451.02
Total Assets	4,079	4,208	4,482	3,746	3,884	3,726
Accounts Payable	166.03	196.71	188.36	182.57	209.07	214.1
Accrued Expenses	18.38	66.43	76.8	70.34	108.03	105.44
Short-Term Debt	1.23	5.18	4.38	30.86	17	10
Current Portion of Leases	4.62	3.38	3.83	7.54	6.74	6.44
Current Income Taxes Payable	35.93	0.31	0.21	0.2	0.24	6.98
Current Unearned Revenue	60.93	63.64	56.66	56	123.68	129.44
Other Current Liabilities	11.96	12.81	10.84	13.95	19.29	11.61
Total Current Liabilities	299.08	348.44	341.09	361.45	484.06	484.01
Long-Term Debt	-	-	-	-	659.59	618.69
Long-Term Leases	6.11	6.81	2.8	5.82	9.18	6.17
Long-Term Unearned Revenue	4.29	5.06	11.9	19.31	21.57	31.58
Long-Term Deferred Tax Liabilities	-	-	-	-	11.84	7.93
Total Liabilities	309.48	360.31	355.79	386.58	1,186	1,148
Common Stock	873.62	873.62	873.62	795.29	714.81	714.76
Additional Paid-In Capital	1,973	1,973	1,973	1,161	378.23	377.74
Retained Earnings	832.59	909.99	1,204	1,322	1,317	1,225
Comprehensive Income & Other	89.69	90.13	75.06	74.42	276.95	245.71
Total Common Equity	3,769	3,847	4,125	3,352	2,687	2,563
Minority Interest	1.05	0.92	0.8	7.32	10.43	14.28
Shareholders' Equity	3,770	3,847	4,126	3,359	2,698	2,578
Total Liabilities & Equity	4,079	4,208	4,482	3,746	3,884	3,726
Total Debt	11.96	15.37	11.01	44.22	692.51	641.3
Net Cash (Debt)	1,345	1,476	1,433	484.59	19.2	264.38
Net Cash Growth	-4.16%	2.99%	195.71%	2424.38%	-92.74%	-45.64%
Net Cash Per Share	1.54	1.69	1.77	0.62	0.03	0.37
Filing Date Shares Outstanding	873.62	873.62	873.62	795.29	795.29	714.76
Total Common Shares Outstanding	873.62	873.62	873.62	795.29	714.81	714.76
Working Capital	1,567	1,671	1,803	895.84	968.31	1,099
Book Value Per Share	4.31	4.40	4.72	4.21	3.76	3.59
Tangible Book Value	2,893	2,962	3,101	2,321	1,742	1,675
Tangible Book Value Per Share	3.31	3.39	3.55	2.92	2.44	2.34
Buildings	-	479.36	479.36	585.59	479.51	237.52
Machinery	-	230.55	207.55	185.72	139.87	121.12

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