SHE:300300 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	209.44	172.97	52.39	33.17	11.24	58.17
Trading Asset Securities	16.73	16.75	28.28	22.42	23.11	52.71
Cash & Short-Term Investments	226.17	189.73	80.68	55.59	34.36	110.88
Cash Growth	477.41%	135.17%	45.12%	61.80%	-69.01%	-62.64%
Accounts Receivable	219.21	231.55	228.66	285.74	376.48	421.2
Other Receivables	8.35	9.54	16.4	24.48	40.62	72.3
Receivables	227.56	241.09	245.06	310.22	417.09	493.51
Inventory	8.22	10.77	24.5	12.97	11.56	11.78
Other Current Assets	26.97	22.66	18.81	19.83	21.28	44.38
Total Current Assets	488.92	464.24	369.06	398.61	484.3	660.55
Property, Plant & Equipment	29.26	30.43	35.18	61.48	94.88	156.14
Long-Term Investments	265.85	262.92	349.62	433.59	370.61	386.11
Other Intangible Assets	-	0	0.05	0.13	0.32	0.56
Long-Term Accounts Receivable	-	-	-	-	-	1.37
Long-Term Deferred Tax Assets	133.88	115.23	90.2	90.62	133.76	115
Long-Term Deferred Charges	1.36	0.06	0.85	8.46	20.15	27.31
Other Long-Term Assets	185.67	189.43	203.27	218.33	233.45	249.39
Total Assets	1,105	1,062	1,048	1,211	1,337	1,596
Accounts Payable	323.68	346.56	362.73	400.46	383.63	365.35
Accrued Expenses	3.95	18.59	8.38	8.93	11.85	15.24
Short-Term Debt	417.88	327.64	361.2	415.95	367.79	429.44
Current Portion of Long-Term Debt	1.21	-	51.06	1	1.08	-
Current Portion of Leases	-	1.19	2.09	12.5	14.58	37.26
Current Income Taxes Payable	12.15	0	0.01	0	0.04	1.83
Current Unearned Revenue	21.95	22.43	11.52	12.37	19.73	17.03
Other Current Liabilities	48.43	60.35	53.74	61.05	55.79	64.75
Total Current Liabilities	829.24	776.76	850.72	912.26	854.49	930.9
Long-Term Debt	-	-	6	51.08	52	-
Long-Term Leases	5.59	5.62	6.16	33.4	51.97	99.68
Long-Term Deferred Tax Liabilities	0.63	0.63	0.06	1.67	1.66	0.18
Other Long-Term Liabilities	0.68	0.68	13.39	23.83	8.62	23.19
Total Liabilities	836.14	783.68	876.33	1,022	968.74	1,054
Common Stock	666.85	666.85	666.85	671.4	671.4	671.4
Additional Paid-In Capital	1,076	1,075	1,113	1,168	1,034	1,033
Retained Earnings	-1,477	-1,466	-1,608	-1,614	-1,299	-1,123
Treasury Stock	-	-	-	-33.39	-33.39	-33.39
Comprehensive Income & Other	-0.13	-1.42	-3.36	-3.78	-2.9	-5.7
Total Common Equity	265.96	275.32	168.2	188.46	369.3	542.38
Minority Interest	2.84	3.33	3.69	0.52	-0.57	0.1
Shareholders' Equity	268.8	278.64	171.88	188.98	368.73	542.48
Total Liabilities & Equity	1,105	1,062	1,048	1,211	1,337	1,596
Total Debt	424.68	334.45	426.51	513.93	487.42	566.38
Net Cash (Debt)	-198.51	-144.72	-345.83	-458.34	-453.06	-455.49
Net Cash Per Share	-0.29	-0.21	-0.61	-0.69	-0.67	-0.68
Filing Date Shares Outstanding	666.85	666.85	666.85	666.85	666.85	666.85
Total Common Shares Outstanding	666.85	666.85	666.85	666.85	666.85	666.85
Working Capital	-340.33	-312.51	-481.67	-513.66	-370.19	-270.35
Book Value Per Share	0.40	0.41	0.25	0.28	0.55	0.81
Tangible Book Value	265.96	275.31	168.15	188.33	368.98	541.82
Tangible Book Value Per Share	0.40	0.41	0.25	0.28	0.55	0.81
Buildings	-	64.8	64.8	64.8	64.8	65.34
Machinery	-	27.42	27.45	25.41	46.01	48.38
Construction In Progress	-	-	-	0.76	-	-