SHE:300294 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	821.74	573.74	1,300	1,961	1,532	1,584
Short-Term Investments	108.97	108.14	-	-	-	-
Trading Asset Securities	1,946	2,549	2,199	3,362	3,194	2,700
Cash & Short-Term Investments	2,876	3,231	3,499	5,324	4,726	4,284
Cash Growth	-14.09%	-7.67%	-34.28%	12.66%	10.31%	468.21%
Accounts Receivable	886.83	919.69	509.38	275.92	567.02	588.08
Other Receivables	56.56	49.17	39.81	264.4	100.62	67.9
Receivables	943.39	968.86	549.19	540.32	667.64	655.98
Inventory	1,029	996.2	995.43	556.94	666.96	676.84
Other Current Assets	105.13	37.89	14.75	6.43	13.25	29.4
Total Current Assets	4,954	5,234	5,058	6,428	6,073	5,646
Property, Plant & Equipment	1,653	1,651	1,170	676.62	722.81	771.33
Long-Term Investments	148.68	356.41	407.51	100.39	117.09	144.96
Goodwill	617.53	617.53	728	72.61	663.84	663.84
Other Intangible Assets	494.66	495.56	773.28	269.31	312.17	169.47
Long-Term Deferred Tax Assets	81.56	83.23	73.54	47.34	44.99	27.44
Long-Term Deferred Charges	144.58	145.29	145.9	88.15	82.64	161.62
Other Long-Term Assets	311.39	43.84	44.38	146.83	16.24	37.2
Total Assets	8,406	8,626	8,401	7,829	8,033	7,622
Accounts Payable	290.54	507.51	357.62	126.35	303.46	277.53
Accrued Expenses	75.47	421.14	323.81	274.14	290.9	261.19
Current Portion of Long-Term Debt	-	-	-	0.03	22.18	0.08
Current Portion of Leases	5.73	5.79	5.33	0.87	2.81	2.06
Current Income Taxes Payable	15.48	2.08	12.44	8.58	27.09	41.45
Current Unearned Revenue	15.46	8.12	4.08	12.21	20.58	12.97
Other Current Liabilities	381.84	89.16	47.09	34.26	38.33	35.66
Total Current Liabilities	784.51	1,034	750.38	456.45	705.34	630.94
Long-Term Debt	58.31	47.07	-	22.15	-	22.15
Long-Term Leases	11.22	12.73	7.17	1.4	10.37	11.3
Long-Term Unearned Revenue	24.27	25.39	19.51	23.52	27.09	30.98
Long-Term Deferred Tax Liabilities	64.5	68	136.32	4.56	5.56	5.94
Total Liabilities	942.8	1,187	913.38	508.07	748.35	701.3
Common Stock	504.25	504.25	504.25	504.25	504.25	511.63
Additional Paid-In Capital	4,063	4,063	4,063	4,063	4,065	4,258
Retained Earnings	2,904	2,874	2,918	2,753	2,616	2,259
Treasury Stock	-	-	-	-	-	-199.96
Comprehensive Income & Other	-9.47	-3.52	2.36	-	-	-
Total Common Equity	7,462	7,438	7,487	7,320	7,186	6,829
Minority Interest	1.36	1.55	0.61	1.07	99.19	91.4
Shareholders' Equity	7,463	7,439	7,488	7,321	7,285	6,920
Total Liabilities & Equity	8,406	8,626	8,401	7,829	8,033	7,622
Total Debt	75.26	65.59	12.51	24.45	35.36	35.58
Net Cash (Debt)	2,801	3,165	3,486	5,299	4,690	4,248
Net Cash Growth	-16.05%	-9.22%	-34.21%	12.99%	10.41%	903.09%
Net Cash Per Share	5.45	6.18	6.94	10.49	9.33	9.74
Filing Date Shares Outstanding	504.25	504.25	504.25	504.25	504.25	504.25
Total Common Shares Outstanding	504.25	504.25	504.25	504.25	504.25	504.25
Working Capital	4,170	4,200	4,308	5,971	5,368	5,015
Book Value Per Share	14.80	14.75	14.85	14.52	14.25	13.54
Tangible Book Value	6,350	6,325	5,986	6,978	6,210	5,996
Tangible Book Value Per Share	12.59	12.54	11.87	13.84	12.31	11.89
Buildings	-	655.73	741.4	527.95	518.01	536.62
Machinery	-	715.37	839.25	625.83	671.97	665.73
Construction In Progress	-	938.57	321	39.94	69.34	40.86

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