SHE:300365 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	480.86	557.68	599.85	751.66	393.41	592.43
Trading Asset Securities	10.3	10.27	40.12	100.56	-	5.1
Cash & Short-Term Investments	491.16	567.95	639.97	852.21	393.41	597.53
Cash Growth	12.81%	-11.25%	-24.91%	116.62%	-34.16%	-25.69%
Accounts Receivable	811.7	829.73	966.28	988.18	1,307	1,589
Other Receivables	11.92	2.22	2.1	2.44	56.75	125.74
Receivables	823.62	831.94	968.38	990.62	1,364	1,715
Inventory	321.04	260.32	284.04	266.4	277.5	261.1
Other Current Assets	12.13	11.22	63.47	44.13	6.02	8.89
Total Current Assets	1,648	1,671	1,956	2,153	2,041	2,582
Property, Plant & Equipment	50.64	52.69	64.18	52.9	68.29	76.53
Long-Term Investments	162.34	178.8	205.38	193.19	194.57	199.69
Goodwill	17.76	17.76	17.76	17.76	17.76	17.76
Other Intangible Assets	6.58	7.16	10.3	19.64	18.25	8.65
Long-Term Deferred Tax Assets	78.55	78.59	61.87	74.49	61.91	26.77
Long-Term Deferred Charges	2.16	1.83	1.15	0.62	0.86	1.15
Total Assets	1,966	2,008	2,317	2,512	2,402	2,913
Accounts Payable	174.8	189.5	174.85	80.47	79.74	143.53
Accrued Expenses	11.07	17.18	46.79	135.12	136.96	131.89
Short-Term Debt	-	-	1.39	113.28	38.05	310.67
Current Portion of Leases	-	5.4	8.02	4.86	10.75	9.41
Current Income Taxes Payable	5.37	0.09	0.13	0.72	1.22	4.73
Current Unearned Revenue	87.9	80.09	134.06	77.57	80.67	19.55
Other Current Liabilities	70.82	75.62	73.94	27.21	16.52	19.46
Total Current Liabilities	354.19	367.88	439.18	439.24	363.9	639.24
Long-Term Leases	8.78	8.23	14.14	2.33	7.08	11.01
Long-Term Deferred Tax Liabilities	4.1	6.59	5.87	1.37	2.8	-
Total Liabilities	367.07	382.7	459.19	442.93	373.78	650.26
Common Stock	599.86	599.86	599.86	599.86	599.86	599.86
Additional Paid-In Capital	478.75	478.75	478.75	446.45	431.06	426.95
Retained Earnings	536.08	549.09	777.55	944.29	926.43	1,158
Treasury Stock	-	-	-	-4.17	-7.29	-8.28
Comprehensive Income & Other	-16.18	-2.65	0.87	-19.4	-18.81	-10.18
Total Common Equity	1,598	1,625	1,857	1,967	1,931	2,166
Minority Interest	0.41	0.51	0.27	102.01	97.46	96.53
Shareholders' Equity	1,599	1,626	1,857	2,069	2,029	2,263
Total Liabilities & Equity	1,966	2,008	2,317	2,512	2,402	2,913
Total Debt	13.01	13.63	23.55	120.47	55.88	331.1
Net Cash (Debt)	478.15	554.32	616.41	731.74	337.53	266.44
Net Cash Growth	14.64%	-10.07%	-15.76%	116.79%	26.68%	-57.15%
Net Cash Per Share	0.78	0.92	1.02	1.23	0.57	0.46
Filing Date Shares Outstanding	650.85	599.86	599.86	595.71	591.57	599.86
Total Common Shares Outstanding	650.85	599.86	599.86	595.71	591.57	599.86
Working Capital	1,294	1,304	1,517	1,714	1,677	1,943
Book Value Per Share	2.46	2.71	3.10	3.30	3.26	3.61
Tangible Book Value	1,574	1,600	1,829	1,930	1,895	2,140
Tangible Book Value Per Share	2.42	2.67	3.05	3.24	3.20	3.57
Buildings	-	49.47	49.47	49.47	49.47	49.47
Machinery	-	60.43	60.92	62.32	62.02	63.93

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