SHE:300359 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	280.46	307.66	379.8	443.81	524.95	507.68
Short-Term Investments	-	-	-	-	32	4
Trading Asset Securities	47.36	51.52	42.83	69.2	39.33	61.24
Cash & Short-Term Investments	327.82	359.18	422.63	513.01	596.28	572.93
Cash Growth	-12.96%	-15.01%	-17.62%	-13.96%	4.08%	-4.20%
Accounts Receivable	155.18	160.8	230.65	258.38	238.59	273.85
Other Receivables	41.62	41.12	60.35	75.48	96.75	25.1
Receivables	196.8	201.92	291	333.86	335.33	298.94
Inventory	4.97	5.59	6.42	15.82	11.06	11.69
Other Current Assets	55.94	54.73	5.62	6.17	10.47	5.79
Total Current Assets	585.53	621.43	725.66	868.86	953.13	889.34
Property, Plant & Equipment	23.48	22.85	33.26	33.91	44.34	57.54
Long-Term Investments	68.43	74.55	90.38	80.24	68.59	110.75
Goodwill	1.03	1.03	1.03	23.36	35.94	97.75
Other Intangible Assets	11.13	12.26	19.15	30.49	43.75	110.65
Long-Term Deferred Tax Assets	2.61	2.54	3.26	11.75	11.62	38.73
Long-Term Deferred Charges	2.58	2.81	3.78	4.23	7.75	7.21
Other Long-Term Assets	-	-	-	-	1.73	0.44
Total Assets	694.79	737.47	876.51	1,053	1,167	1,312
Accounts Payable	47.34	62.58	71.45	76.66	92.19	103.97
Accrued Expenses	11.14	17.87	36.37	44.42	46.02	46.7
Short-Term Debt	15.01	5	-	0.05	40.01	145.21
Current Portion of Long-Term Debt	6.17	6.04	-	-	-	-
Current Portion of Leases	-	-	9.22	7.26	11.92	8.42
Current Income Taxes Payable	2.77	6.52	1.99	5.09	6.32	9.83
Current Unearned Revenue	23.62	25.62	36.78	72.97	124.92	118.93
Other Current Liabilities	11.9	14.22	17.45	19.98	14.77	36.57
Total Current Liabilities	117.96	137.86	173.27	226.43	336.15	469.62
Long-Term Leases	2.15	2.03	9.14	5.78	9.68	19.21
Long-Term Unearned Revenue	4.34	4.43	5.29	6.16	7.02	28.89
Long-Term Deferred Tax Liabilities	0.24	0.24	0.29	0.92	1.17	0.93
Other Long-Term Liabilities	-	-	-	1.29	6.17	0.29
Total Liabilities	124.69	144.56	188	240.58	360.19	518.94
Common Stock	633.33	633.33	633.33	633.33	633.33	633.66
Additional Paid-In Capital	987.18	987.18	976.64	979.08	979.19	981.74
Retained Earnings	-1,096	-1,076	-1,007	-903.64	-910.09	-923.27
Treasury Stock	-	-	-	-	-	-2.64
Comprehensive Income & Other	-11.66	-11.66	-8.82	-7.68	1.06	-
Total Common Equity	512.64	532.96	594.56	701.1	703.49	689.5
Minority Interest	57.47	59.95	93.96	111.17	103.17	103.99
Shareholders' Equity	570.11	592.91	688.52	812.27	806.66	793.48
Total Liabilities & Equity	694.79	737.47	876.51	1,053	1,167	1,312
Total Debt	23.33	13.07	18.37	13.09	61.61	172.84
Net Cash (Debt)	304.48	346.11	404.26	499.92	534.67	400.09
Net Cash Growth	-15.49%	-14.38%	-19.13%	-6.50%	33.64%	0.05%
Net Cash Per Share	0.48	0.55	0.62	0.78	0.85	0.44
Filing Date Shares Outstanding	677.51	653.32	633.33	633.33	633.33	633.66
Total Common Shares Outstanding	677.51	653.32	633.33	633.33	633.33	633.66
Working Capital	467.57	483.57	552.4	642.43	616.99	419.72
Book Value Per Share	0.76	0.82	0.94	1.11	1.11	1.09
Tangible Book Value	500.47	519.68	574.38	647.24	623.81	481.09
Tangible Book Value Per Share	0.74	0.80	0.91	1.02	0.98	0.76
Machinery	-	-	79.16	108.18	111.9	143.21
Construction In Progress	-	-	0.33	1.08	0.13	0.18