SHE:300342 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	210.75	212.87	324.07	253.94	159.18	198.03
Trading Asset Securities	60.88	60.41	-	-	-	-
Cash & Short-Term Investments	271.63	273.28	324.07	253.94	159.18	198.03
Cash Growth	22.35%	-15.67%	27.62%	59.52%	-19.62%	-12.40%
Accounts Receivable	614.57	622.42	721.97	743.59	643.84	704.2
Other Receivables	-	0.3	0.02	0.68	0.2	7.05
Receivables	614.57	622.72	721.99	744.27	644.04	711.25
Inventory	567.55	532.23	440.99	413.52	537.08	539.81
Other Current Assets	28.45	28.94	28.05	20.66	29.2	13.97
Total Current Assets	1,482	1,457	1,515	1,432	1,370	1,463
Property, Plant & Equipment	335.92	337.95	367.7	357.33	381.35	398.67
Long-Term Investments	3.97	4.41	5.26	25.47	51.64	52.18
Goodwill	210.7	210.7	217.25	217.25	217.25	230
Other Intangible Assets	37.84	39.29	60.74	61.05	69.63	92.73
Long-Term Deferred Tax Assets	35.4	34.88	31.22	27.3	22.64	19.08
Long-Term Deferred Charges	8.81	3.98	3.77	2.01	1.9	3.15
Other Long-Term Assets	51.44	52.17	27.98	39.76	46.77	5.27
Total Assets	2,166	2,141	2,229	2,163	2,161	2,264
Accounts Payable	367.82	349.3	424.37	357.72	351.83	409.03
Accrued Expenses	32.61	46.08	49.19	45.05	40.14	39.73
Short-Term Debt	11.43	15.01	22.37	50.35	106.35	136
Current Portion of Leases	6.47	6.91	6.05	4.62	3.25	2.35
Current Income Taxes Payable	7.42	0.45	2.36	2.94	0.04	4.92
Current Unearned Revenue	99.45	97.13	81.18	105.96	107.33	75.21
Other Current Liabilities	29.65	24.27	31.79	46.13	31.55	33.17
Total Current Liabilities	554.85	539.16	617.31	612.77	640.49	700.41
Long-Term Leases	17.04	17.88	15.9	3.97	8.69	2.67
Long-Term Unearned Revenue	6.87	7.1	8.04	8.99	9.93	10.88
Long-Term Deferred Tax Liabilities	3.93	4.83	4.06	2.27	0.7	0.48
Total Liabilities	582.69	568.97	645.32	627.99	659.81	714.43
Common Stock	425.04	425.04	425.04	425.04	425.04	425.04
Additional Paid-In Capital	343.83	343.83	343.75	343.75	343.75	353.63
Retained Earnings	797.91	787.62	802.46	754.56	721.78	754.78
Comprehensive Income & Other	-	-	-	-	-	1.56
Total Common Equity	1,567	1,556	1,571	1,523	1,491	1,535
Minority Interest	16.81	15.11	12.46	11.21	10.32	14.69
Shareholders' Equity	1,584	1,572	1,584	1,535	1,501	1,550
Total Liabilities & Equity	2,166	2,141	2,229	2,163	2,161	2,264
Total Debt	34.95	39.8	44.32	58.93	118.29	141.01
Net Cash (Debt)	236.68	233.48	279.74	195	40.89	57.02
Net Cash Growth	17.13%	-16.54%	43.45%	376.86%	-28.28%	-68.06%
Net Cash Per Share	0.56	0.55	0.66	0.46	0.10	0.13
Filing Date Shares Outstanding	425.04	425.04	425.04	425.04	425.04	425.04
Total Common Shares Outstanding	425.04	425.04	425.04	425.04	425.04	425.04
Working Capital	927.34	918.02	897.78	819.61	729.02	762.64
Book Value Per Share	3.69	3.66	3.70	3.58	3.51	3.61
Tangible Book Value	1,318	1,306	1,293	1,245	1,204	1,212
Tangible Book Value Per Share	3.10	3.07	3.04	2.93	2.83	2.85
Buildings	-	226.17	277.78	258.33	256.61	287.22
Machinery	-	423.02	410.53	386.57	367.24	346.22
Construction In Progress	-	-	-	3.14	6.63	0.03

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