SHE:300310 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	618.52	809.03	608.61	909.69	1,109	1,040
Trading Asset Securities	14.68	7.64	29.11	38.95	41.26	71.93
Cash & Short-Term Investments	633.2	816.67	637.72	948.65	1,151	1,112
Cash Growth	11.38%	28.06%	-32.78%	-17.55%	3.50%	10.44%
Accounts Receivable	1,019	1,092	1,148	1,015	808.03	772.69
Other Receivables	34.66	31.41	32.12	33.56	34.13	38.27
Receivables	1,053	1,123	1,180	1,049	842.16	810.96
Inventory	886.65	728.87	539.88	527.82	380.69	324.69
Prepaid Expenses	-	0.27	0.62	0.26	10.88	0.41
Other Current Assets	141.22	87.18	91.46	97.73	32.52	19
Total Current Assets	2,714	2,756	2,449	2,623	2,417	2,267
Property, Plant & Equipment	154.66	140	131.99	139.04	130.97	137.38
Long-Term Investments	413.68	430.31	413.1	304.85	278.51	210.98
Goodwill	-	-	-	31.27	31.27	33.16
Other Intangible Assets	4.32	4.82	5.51	5.69	10.37	12.66
Long-Term Accounts Receivable	-	53.95	42.74	39.14	42.94	1.14
Long-Term Deferred Tax Assets	58.01	55.33	54.57	53.51	60.66	59.95
Long-Term Deferred Charges	5.72	5.72	4.87	6.98	8.31	5.25
Other Long-Term Assets	46.59	-	-	-	-	2.67
Total Assets	3,397	3,446	3,102	3,204	2,980	2,730
Accounts Payable	750	962.2	840.12	918.41	882.25	709.42
Accrued Expenses	58.33	151.11	136.7	162.42	151.72	159.05
Short-Term Debt	92.03	-	-	38.72	14.25	-
Current Portion of Long-Term Debt	4.07	2.38	-	-	-	-
Current Portion of Leases	-	3.04	4.8	3.87	3.16	3.82
Current Income Taxes Payable	60.15	0.73	0.54	2.92	0.46	0.83
Current Unearned Revenue	457.4	357.57	184.43	154.47	103.96	86.89
Other Current Liabilities	49.58	40.55	35.3	19.02	19	18.16
Total Current Liabilities	1,472	1,518	1,202	1,300	1,175	978.17
Long-Term Debt	8.68	19.53	18.4	12.26	-	-
Long-Term Leases	21.31	4.11	3.88	4.39	2.75	3.17
Long-Term Deferred Tax Liabilities	20.24	19.3	19.28	2.6	4.89	2.41
Other Long-Term Liabilities	16.52	4.33	4.69	2.21	2.84	2.16
Total Liabilities	1,538	1,565	1,248	1,321	1,185	985.91
Common Stock	881.66	881.66	881.66	881.66	881.66	881.66
Additional Paid-In Capital	2,238	2,238	2,240	2,246	2,238	2,238
Retained Earnings	-1,220	-1,215	-1,226	-1,196	-1,244	-1,265
Treasury Stock	-1.86	-1.86	-1.86	-1.86	-1.86	-1.86
Comprehensive Income & Other	-33.03	-16.6	-30.16	-53.54	-68.44	-94.41
Total Common Equity	1,864	1,886	1,863	1,876	1,806	1,759
Minority Interest	-5.35	-4.53	-9.26	6.32	-11.17	-15.06
Shareholders' Equity	1,859	1,881	1,854	1,883	1,795	1,744
Total Liabilities & Equity	3,397	3,446	3,102	3,204	2,980	2,730
Total Debt	126.09	29.07	27.08	59.24	20.16	6.99
Net Cash (Debt)	507.11	787.61	610.64	889.41	1,130	1,105
Net Cash Growth	5.65%	28.98%	-31.34%	-21.32%	2.33%	9.74%
Net Cash Per Share	0.46	0.72	0.60	0.92	1.14	1.23
Filing Date Shares Outstanding	886.33	881.66	881.66	881.66	881.66	881.66
Total Common Shares Outstanding	886.33	881.66	881.66	881.66	881.66	881.66
Working Capital	1,243	1,238	1,248	1,324	1,242	1,289
Book Value Per Share	2.10	2.14	2.11	2.13	2.05	2.00
Tangible Book Value	1,860	1,881	1,858	1,839	1,764	1,713
Tangible Book Value Per Share	2.10	2.13	2.11	2.09	2.00	1.94
Buildings	-	114.57	114.57	114.57	114.57	114.57
Machinery	-	103.83	91.78	139.76	126.24	135.97
Construction In Progress	-	6.27	2.45	10.49	12.99	10.94

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