SHE:300231 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	180.88	517.29	710.88	585.4	564.14	884.04
Trading Asset Securities	471.17	30.14	100	-	-	-
Cash & Short-Term Investments	652.05	547.42	810.88	585.4	564.14	884.04
Cash Growth	-3.16%	-32.49%	38.52%	3.77%	-36.19%	-6.97%
Accounts Receivable	532.69	569.81	618.95	873.04	1,090	777.17
Other Receivables	25.61	28.18	34.31	41.81	62.06	63.74
Receivables	558.3	597.99	653.26	914.86	1,152	840.91
Inventory	161.57	167.91	217.22	90.62	84.98	79.51
Other Current Assets	214.31	227.44	208.97	139.83	196.27	259.4
Total Current Assets	1,586	1,541	1,890	1,731	1,997	2,064
Property, Plant & Equipment	484.14	502.3	554.8	263.46	254.12	237.61
Long-Term Investments	113.3	213.78	113.3	353.74	360.96	365.64
Other Intangible Assets	72.93	75.74	65.26	74.02	33.55	13.49
Long-Term Accounts Receivable	-	-	49.83	60.47	53.32	17.44
Long-Term Deferred Tax Assets	20.05	19.36	18.55	15.41	14.78	13.17
Long-Term Deferred Charges	8.76	8.94	21.18	12.91	41.1	43.18
Other Long-Term Assets	202.29	109.12	66.67	1.47	-	-
Total Assets	2,488	2,470	2,780	2,512	2,755	2,754
Accounts Payable	231.11	240.78	313.39	233.61	271.68	313.44
Accrued Expenses	44.32	40.05	50.92	40.31	53.63	63.91
Short-Term Debt	286.81	286.81	508.31	194.13	380.1	377.61
Current Portion of Long-Term Debt	-	1.33	-	-	-	-
Current Portion of Leases	-	-	2.04	3.31	2.03	4
Current Income Taxes Payable	-	7.89	0.09	0.63	2.41	0.23
Current Unearned Revenue	71.82	50.8	103.3	29.99	83.31	122.31
Other Current Liabilities	14.07	14.25	12.84	10.42	19.92	27.28
Total Current Liabilities	648.13	641.91	990.9	512.39	813.1	908.78
Long-Term Debt	157.11	156.71	153.62	367	353.53	338.99
Long-Term Leases	0.49	0.66	0.46	2.57	-	1.92
Long-Term Unearned Revenue	-	-	-	-	3.26	6.81
Other Long-Term Liabilities	9.55	14.74	3.37	21.94	-	-
Total Liabilities	815.28	814.02	1,148	903.91	1,170	1,256
Common Stock	444.29	444.29	444.24	419.01	442.1	442.1
Additional Paid-In Capital	726.91	723.23	715.03	474.74	621.27	621.26
Retained Earnings	519.52	506.73	490.26	692.02	669.57	579.53
Treasury Stock	-	-	-	-	-170.12	-170.17
Comprehensive Income & Other	-18.29	-18.26	-17.96	22.51	22.43	25.19
Shareholders' Equity	1,672	1,656	1,632	1,608	1,585	1,498
Total Liabilities & Equity	2,488	2,470	2,780	2,512	2,755	2,754
Total Debt	444.4	445.5	664.43	567.01	735.67	722.51
Net Cash (Debt)	207.65	101.93	146.45	18.38	-171.53	161.53
Net Cash Growth	130.57%	-30.40%	696.59%	-	-	7.45%
Net Cash Per Share	0.47	0.23	0.35	0.04	-0.41	0.38
Filing Date Shares Outstanding	444.07	443.76	444.24	419.02	418.96	418.95
Total Common Shares Outstanding	444.07	443.76	444.24	419.01	418.96	418.95
Working Capital	938.11	898.85	899.43	1,218	1,184	1,155
Book Value Per Share	3.77	3.73	3.67	3.84	3.78	3.58
Tangible Book Value	1,599	1,580	1,566	1,534	1,552	1,484
Tangible Book Value Per Share	3.60	3.56	3.53	3.66	3.70	3.54
Buildings	-	-	168.51	168.38	161.23	118.57
Machinery	-	-	457.91	146.2	181.85	166.82
Construction In Progress	-	-	101.29	82.6	73.18	95.92

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