SHE:300256 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	394.93	377.58	303.95	553.7	492.49	265.72
Trading Asset Securities	176.27	145.67	103.34	-	-	-
Cash & Short-Term Investments	571.2	523.25	407.29	553.7	492.49	265.72
Cash Growth	33.98%	28.47%	-26.44%	12.43%	85.34%	-61.17%
Accounts Receivable	158.85	204.24	190.1	253.87	335.33	252.55
Other Receivables	9.46	3.81	14.09	159.1	340.38	1,464
Receivables	168.31	208.05	204.19	412.97	675.71	1,717
Inventory	148.17	118.95	142.02	157.72	196.08	56.11
Prepaid Expenses	-	-	1.02	1.05	0.31	0
Other Current Assets	100.06	98.35	116.95	55.72	63.86	17
Total Current Assets	987.74	948.6	871.47	1,181	1,428	2,056
Property, Plant & Equipment	373.01	378.52	398.28	612.06	806.44	832.04
Long-Term Investments	22.11	18.94	1.07	1.12	1.01	1.03
Goodwill	0.03	0.03	0.03	-	-	-
Other Intangible Assets	168.9	170.29	218.73	233.78	246.67	54.48
Long-Term Deferred Tax Assets	14.27	14.84	15.99	157.38	141.89	221.24
Long-Term Deferred Charges	62.75	65.66	62.27	52.8	48.98	61.4
Other Long-Term Assets	7.72	3.99	3.74	7.92	23.88	1.23
Total Assets	1,637	1,601	1,572	2,246	2,697	3,227
Accounts Payable	351.17	354.58	269.51	284.2	265.71	260.76
Accrued Expenses	61	28.6	110.96	111.51	101.96	36.67
Short-Term Debt	31.35	10	-	-	-	738.14
Current Portion of Long-Term Debt	-	17.33	-	-	0.9	20.5
Current Portion of Leases	-	-	12.61	15.14	21.54	0.69
Current Income Taxes Payable	-	45.06	23.48	28.85	23.74	4.13
Current Unearned Revenue	17.24	23.95	16.5	18.78	9.88	0.38
Other Current Liabilities	292.23	215.04	394.89	228.59	190.53	1,722
Total Current Liabilities	752.98	694.56	827.96	687.07	614.25	2,783
Long-Term Debt	-	-	-	-	-	90
Long-Term Leases	18.18	20.85	37.27	2.08	30.16	1.24
Long-Term Unearned Revenue	0.97	1.08	21.33	33.33	65.85	3.87
Long-Term Deferred Tax Liabilities	13.36	14.27	16.46	20.65	25.49	-
Other Long-Term Liabilities	2.51	2.51	-	19.99	17.54	28.14
Total Liabilities	788	733.26	903.02	763.12	753.29	2,906
Common Stock	2,268	2,268	2,268	2,268	2,268	957.94
Additional Paid-In Capital	6,702	6,702	6,480	6,675	6,710	6,312
Retained Earnings	-7,954	-7,935	-7,904	-7,285	-6,804	-6,949
Treasury Stock	-109.23	-109.23	-117.89	-118.5	-175.77	-
Comprehensive Income & Other	-0.02	-0.02	-0.01	0.05	-0.07	-0.05
Total Common Equity	906.98	925.49	727.02	1,540	1,999	321.05
Minority Interest	-58.44	-57.89	-58.46	-57.2	-54.97	-0.36
Shareholders' Equity	848.54	867.6	668.56	1,483	1,944	320.69
Total Liabilities & Equity	1,637	1,601	1,572	2,246	2,697	3,227
Total Debt	49.53	48.18	49.88	17.22	52.6	850.57
Net Cash (Debt)	521.67	475.07	357.41	536.47	439.88	-584.86
Net Cash Growth	38.44%	32.92%	-33.38%	21.96%	-	-
Net Cash Per Share	0.17	0.15	0.16	0.23	0.18	-0.61
Filing Date Shares Outstanding	2,314	5,858	2,268	2,268	2,268	957.94
Total Common Shares Outstanding	2,314	5,858	2,268	2,268	2,268	957.94
Working Capital	234.76	254.03	43.51	494.08	814.19	-727.47
Book Value Per Share	0.39	0.16	0.32	0.68	0.88	0.34
Tangible Book Value	738.05	755.17	508.26	1,306	1,752	266.57
Tangible Book Value Per Share	0.32	0.13	0.22	0.58	0.77	0.28
Buildings	-	-	222.74	222.74	222.74	-
Machinery	-	-	523.91	706.81	710.12	-
Construction In Progress	-	-	4.14	4.12	42.17	-

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