SHE:300278 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	126.53	215.01	212.95	653.92	563.04	781.22
Short-Term Investments	-	-	-	-	4.42	0.22
Trading Asset Securities	283.97	330.43	44.43	44.41	43.64	0.71
Cash & Short-Term Investments	410.51	545.44	257.39	698.33	611.09	782.15
Cash Growth	13.64%	111.92%	-63.14%	14.28%	-21.87%	49.76%
Accounts Receivable	1,002	1,299	1,113	1,011	751.4	746.02
Other Receivables	10.92	5.66	237.66	161.16	101.99	6.9
Receivables	1,012	1,305	1,350	1,172	853.4	752.93
Inventory	1,036	925.65	687.83	526.47	476.11	518.93
Other Current Assets	252.35	213.88	31.46	41.78	82.94	127.41
Total Current Assets	2,711	2,990	2,327	2,439	2,024	2,181
Property, Plant & Equipment	328.02	327.12	327.76	344.22	364.28	337.21
Long-Term Investments	-	-	-	-	-	122.68
Goodwill	317.42	317.42	317.42	317.42	317.42	318.67
Other Intangible Assets	95.41	97.75	111.37	90.01	90.51	90.68
Long-Term Accounts Receivable	-	-	-	-	1.02	0.11
Long-Term Deferred Tax Assets	3.64	6.49	7.82	7.86	8.41	7.65
Long-Term Deferred Charges	0.1	0.12	0.19	0.26	1.78	3.09
Other Long-Term Assets	39.72	40.12	34.36	57.84	29.27	73.22
Total Assets	3,495	3,779	3,126	3,257	2,836	3,135
Accounts Payable	646.72	878.56	469.42	598.37	545.35	604.04
Accrued Expenses	38.28	76.86	100.8	104.61	152.71	119.08
Short-Term Debt	107.32	84.37	73.06	41.57	4.97	4.97
Current Portion of Long-Term Debt	0.58	8.85	-	-	0.71	2.3
Current Portion of Leases	-	-	1.16	1.14	0.46	0.83
Current Income Taxes Payable	14.47	21.65	0.82	3	6.08	1.01
Current Unearned Revenue	868.25	892.01	582.97	673.09	393.48	597.6
Other Current Liabilities	143.03	123.14	84.36	73.03	90.7	180.27
Total Current Liabilities	1,819	2,085	1,313	1,495	1,194	1,510
Long-Term Debt	-	-	8.01	37.29	-	2.33
Long-Term Leases	1.8	2.1	5.06	3.68	2	-
Long-Term Unearned Revenue	1.37	1.38	1.42	1.46	1.5	1.54
Long-Term Deferred Tax Liabilities	1.91	1.95	2.75	2.41	5.47	5.07
Total Liabilities	1,824	2,091	1,330	1,540	1,203	1,519
Common Stock	1,414	1,422	1,422	1,422	1,422	1,429
Additional Paid-In Capital	1,868	1,902	1,899	1,899	1,898	1,911
Retained Earnings	-1,455	-1,457	-1,396	-1,474	-1,551	-1,658
Treasury Stock	-	-40.68	-	-	-	-32.45
Comprehensive Income & Other	-156.62	-139.66	-129.29	-130.38	-136.34	-34.9
Total Common Equity	1,670	1,687	1,795	1,716	1,632	1,615
Minority Interest	1.14	1.07	0.89	1.03	0.83	0.68
Shareholders' Equity	1,671	1,688	1,796	1,717	1,633	1,616
Total Liabilities & Equity	3,495	3,779	3,126	3,257	2,836	3,135
Total Debt	109.7	95.32	87.29	83.69	8.15	10.43
Net Cash (Debt)	300.81	450.12	170.1	614.65	602.95	771.72
Net Cash Growth	23.13%	164.63%	-72.33%	1.94%	-21.87%	-
Net Cash Per Share	0.20	0.30	0.11	0.40	0.40	0.45
Filing Date Shares Outstanding	1,446	1,780	1,422	1,422	1,422	1,429
Total Common Shares Outstanding	1,446	1,780	1,422	1,422	1,422	1,429
Working Capital	892.16	904.31	1,014	944.13	829.09	671.32
Book Value Per Share	1.16	0.95	1.26	1.21	1.15	1.13
Tangible Book Value	1,257	1,272	1,366	1,308	1,224	1,206
Tangible Book Value Per Share	0.87	0.71	0.96	0.92	0.86	0.84
Buildings	-	-	294.1	303.86	399.01	360.09
Machinery	-	-	27.57	35.31	123.95	105.91
Construction In Progress	-	-	-	0.29	-	-

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