SHE:300291 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	281.15	472.61	263.3	475.44	1,572	840.9
Short-Term Investments	-	-	100	-	-	-
Trading Asset Securities	577.66	499.63	736.08	751.51	68.33	1,090
Cash & Short-Term Investments	858.81	972.24	1,099	1,227	1,640	1,931
Cash Growth	-20.56%	-11.56%	-10.40%	-25.20%	-15.07%	6.79%
Accounts Receivable	308.99	199.79	506.63	557.2	551.99	857.05
Other Receivables	51.52	52.02	84.27	58.16	45.97	35.09
Receivables	360.51	251.81	590.9	615.36	597.95	892.14
Inventory	935.7	1,141	1,380	1,584	865.57	596.18
Prepaid Expenses	-	-	0.05	0.05	0.05	-
Other Current Assets	137.43	170.94	175.59	210.7	397.5	221.4
Total Current Assets	2,292	2,536	3,246	3,637	3,501	3,641
Property, Plant & Equipment	11.05	14.15	63.55	112.55	176.62	182.54
Long-Term Investments	159.48	112.19	90.38	101.7	119.79	96.82
Goodwill	72.65	72.65	162.03	250.3	177.65	177.65
Other Intangible Assets	0.28	0.31	0.44	2.42	2	-
Long-Term Deferred Tax Assets	138.24	134.21	76.72	66.14	69.1	35.92
Long-Term Deferred Charges	1.72	2.4	7.18	10.14	7.47	10.03
Other Long-Term Assets	54.3	82.93	121.87	185.59	193.76	212.97
Total Assets	2,730	2,955	3,768	4,366	4,248	4,357
Accounts Payable	2.84	3.19	3.8	3.06	19.42	2.2
Accrued Expenses	19.03	20.4	80.38	85.33	46.5	59.51
Short-Term Debt	-	0.2	15.34	22.3	-	-
Current Portion of Long-Term Debt	0.85	0.92	-	-	-	-
Current Portion of Leases	-	-	10.88	30.9	40.14	44.87
Current Income Taxes Payable	66.26	56.68	2.78	6.24	0.56	13.26
Current Unearned Revenue	536.11	776.1	389.88	234.52	21.02	45.39
Other Current Liabilities	154.78	159	168.13	209.33	105.24	219.45
Total Current Liabilities	779.87	1,016	671.19	591.68	232.88	384.69
Long-Term Debt	-	3	-	-	-	-
Long-Term Leases	1.16	1.19	1.99	12.21	48.43	79.41
Long-Term Unearned Revenue	48.13	46.64	32.9	19.25	14.7	10.4
Long-Term Deferred Tax Liabilities	-	-	-	18.77	32.36	-
Other Long-Term Liabilities	0.16	0.79	17.54	-	-	-
Total Liabilities	829.31	1,068	723.62	641.9	328.37	474.49
Common Stock	941.89	941.89	941.89	941.89	918.82	918.82
Additional Paid-In Capital	4,953	4,953	4,945	4,947	4,895	4,874
Retained Earnings	-3,841	-3,855	-2,732	-2,290	-2,068	-2,090
Comprehensive Income & Other	-14.98	-14.98	-17.4	-	-	-
Total Common Equity	2,039	2,025	3,138	3,599	3,746	3,703
Minority Interest	-138.34	-137.54	-93.53	125.16	173.5	179.6
Shareholders' Equity	1,901	1,887	3,045	3,724	3,919	3,883
Total Liabilities & Equity	2,730	2,955	3,768	4,366	4,248	4,357
Total Debt	2	5.31	28.21	65.4	88.57	124.28
Net Cash (Debt)	856.8	966.93	1,071	1,162	1,552	1,807
Net Cash Growth	-19.42%	-9.73%	-7.78%	-25.14%	-14.13%	-0.08%
Net Cash Per Share	0.90	1.03	1.14	1.24	1.68	1.97
Filing Date Shares Outstanding	942.5	941.65	941.89	941.89	918.82	918.82
Total Common Shares Outstanding	942.5	941.65	941.89	941.89	918.82	918.82
Working Capital	1,513	1,520	2,575	3,046	3,268	3,256
Book Value Per Share	2.16	2.15	3.33	3.82	4.08	4.03
Tangible Book Value	1,966	1,952	2,976	3,346	3,566	3,525
Tangible Book Value Per Share	2.09	2.07	3.16	3.55	3.88	3.84
Machinery	-	-	11	10.4	8.15	6.59

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