SHE:300370 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	112.5	130.13	136.74	47.37	178.78	66.37
Trading Asset Securities	11.23	11.23	21.46	48.44	52.47	31.69
Cash & Short-Term Investments	123.73	141.37	158.2	95.81	231.24	98.05
Cash Growth	45.70%	-10.64%	65.11%	-58.57%	135.84%	-11.39%
Accounts Receivable	171.94	229.1	273.32	320.02	255.92	700.4
Other Receivables	8.26	6.78	11.61	23.02	60.07	229.38
Receivables	180.19	235.88	284.92	343.05	316	929.79
Inventory	80.56	74	82.89	89.25	111.29	181.64
Prepaid Expenses	-	0.01	0	0.05	2.2	1.65
Other Current Assets	22.85	16.59	21.61	27.13	298.09	57.05
Total Current Assets	407.33	467.85	547.62	555.29	958.83	1,268
Property, Plant & Equipment	208.62	209.02	216.27	231.87	237.52	284.63
Long-Term Investments	13.39	13.8	16.68	18.09	21.87	37.71
Goodwill	63.75	63.75	63.75	50.04	64.48	90.01
Other Intangible Assets	67.96	70.43	71.64	33.12	35	44.24
Long-Term Deferred Tax Assets	48.51	49.08	77.2	79.11	79.28	126.7
Long-Term Deferred Charges	4.97	5.44	12.17	42.43	34.14	29.01
Other Long-Term Assets	506.53	506.53	497.09	498.23	494.14	494.71
Total Assets	1,321	1,386	1,502	1,508	1,925	2,375
Accounts Payable	117.97	166.01	166.06	211.58	234.81	494.32
Accrued Expenses	16.94	65.14	65.47	59.94	56.76	323.87
Short-Term Debt	172.83	143.16	155.51	39.78	35.28	881.93
Current Portion of Long-Term Debt	101.71	100.93	65.23	18.74	32.63	200.63
Current Portion of Leases	-	1.22	0.84	1.89	1.41	1.76
Current Income Taxes Payable	1.21	0.05	0.29	1.03	0.73	8.3
Current Unearned Revenue	14.01	10.48	12.77	17.25	46.55	78.77
Other Current Liabilities	50.03	28.88	38.94	69.23	550.98	436.72
Total Current Liabilities	474.69	515.87	505.11	419.45	959.15	2,426
Long-Term Debt	300.76	300.72	333.3	393.2	77.9	23.6
Long-Term Leases	3.96	2.3	1.06	1.58	2.17	5.54
Long-Term Unearned Revenue	9.97	10.24	12.09	11.14	15.24	15.04
Long-Term Deferred Tax Liabilities	5.26	4.99	4.84	7.2	8.08	8.94
Other Long-Term Liabilities	-	-	-	-	-	260.98
Total Liabilities	794.64	834.12	856.4	832.57	1,063	2,740
Common Stock	1,565	1,565	1,565	1,565	1,578	957.15
Additional Paid-In Capital	1,237	1,237	1,235	1,225	1,264	158.06
Retained Earnings	-2,360	-2,334	-2,211	-2,117	-1,917	-1,505
Treasury Stock	-34.06	-34.06	-49.6	-81.02	-135.52	-40.03
Comprehensive Income & Other	23.31	22.83	22.61	22.02	22.93	22.72
Total Common Equity	431.93	457.45	562.44	614.45	811.81	-406.85
Minority Interest	94.5	94.33	83.59	61.16	50.9	41.67
Shareholders' Equity	526.43	551.78	646.03	675.62	862.72	-365.18
Total Liabilities & Equity	1,321	1,386	1,502	1,508	1,925	2,375
Total Debt	579.25	548.33	555.94	455.2	149.39	1,113
Net Cash (Debt)	-455.52	-406.96	-397.74	-359.38	81.85	-1,015
Net Cash Per Share	-0.29	-0.26	-0.25	-0.23	0.05	-1.06
Filing Date Shares Outstanding	1,565	1,565	1,565	1,565	1,578	957.15
Total Common Shares Outstanding	1,565	1,565	1,565	1,565	1,578	957.15
Working Capital	-67.36	-48.03	42.51	135.84	-0.32	-1,158
Book Value Per Share	0.28	0.29	0.36	0.39	0.51	-0.43
Tangible Book Value	300.22	323.27	427.04	531.29	712.34	-541.11
Tangible Book Value Per Share	0.19	0.21	0.27	0.34	0.45	-0.57
Buildings	-	217.16	217.12	213.94	210.59	220.6
Machinery	-	195.07	188.3	185.79	172.06	226.29
Construction In Progress	-	-	-	5.67	9.71	8.41

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