SHE:300420 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	100.31	75.06	133.01	396.98	322.64	320.57
Trading Asset Securities	776.01	808.39	604.63	390.22	247.37	333.59
Cash & Short-Term Investments	876.32	883.45	737.64	787.2	570.01	654.16
Cash Growth	12.96%	19.77%	-6.30%	38.10%	-12.86%	-15.87%
Accounts Receivable	631.94	658.05	771.71	987.5	1,015	1,165
Other Receivables	17.06	20.01	39.43	66.59	91.52	121.17
Receivables	648.99	678.06	811.14	1,054	1,106	1,286
Inventory	215.56	237.92	272.51	319.38	485.07	624.63
Other Current Assets	89.48	83.85	118.28	106.93	129.55	113.35
Total Current Assets	1,830	1,883	1,940	2,268	2,291	2,678
Property, Plant & Equipment	425.39	427.32	493.14	507.15	534.55	557.39
Long-Term Investments	41.07	11.07	10.27	2.53	3	5.46
Goodwill	351.47	351.9	363.8	405.81	407.52	415.76
Other Intangible Assets	158.6	161.46	174.54	186.52	193.53	176.17
Long-Term Accounts Receivable	33.02	35.44	45.92	44.47	27.24	22.8
Long-Term Deferred Tax Assets	80.42	80.12	82.95	72.91	60.17	45.08
Long-Term Deferred Charges	7.68	7.62	2.94	4.08	4.56	4.24
Other Long-Term Assets	76.78	87.47	80.93	44.66	43.4	39.88
Total Assets	3,005	3,046	3,194	3,536	3,565	3,945
Accounts Payable	202.52	209.15	300.68	340.25	365.97	471.68
Accrued Expenses	11.55	98.29	77.97	84.43	90.74	76.21
Short-Term Debt	57.76	71.51	54.15	114.46	70.42	232.4
Current Income Taxes Payable	23.86	10.2	13.68	16.36	23.15	14.63
Current Unearned Revenue	108.67	121.31	147.7	229.8	236.32	348.57
Other Current Liabilities	128.71	70.61	76.12	85.46	133.16	142.19
Total Current Liabilities	533.07	581.06	670.31	870.76	919.76	1,286
Long-Term Debt	-	-	-	-	-	10.02
Long-Term Leases	47.76	48.07	56.58	63.86	75.61	140.63
Long-Term Unearned Revenue	24.18	22.63	24.74	28.92	23.01	14.25
Long-Term Deferred Tax Liabilities	21.13	21.62	24.54	25.86	28.72	22.21
Other Long-Term Liabilities	-	-	0.4	-	-	-
Total Liabilities	626.14	673.38	776.57	989.4	1,047	1,473
Common Stock	1,116	1,116	1,116	1,116	1,116	1,116
Additional Paid-In Capital	846.35	844.36	820.56	820.08	819.3	819.68
Retained Earnings	455.43	451.37	404.25	508.21	478.38	424
Treasury Stock	-39.76	-39.76	-23.04	-	-	-
Total Common Equity	2,378	2,372	2,318	2,445	2,414	2,360
Minority Interest	0.24	-0.06	99.33	101.65	103.89	111.84
Shareholders' Equity	2,379	2,372	2,417	2,546	2,518	2,472
Total Liabilities & Equity	3,005	3,046	3,194	3,536	3,565	3,945
Total Debt	105.52	119.58	110.73	178.32	146.03	383.06
Net Cash (Debt)	770.8	763.86	626.9	608.88	423.98	271.1
Net Cash Growth	21.15%	21.85%	2.96%	43.61%	56.39%	-52.57%
Net Cash Per Share	0.65	0.65	0.57	0.59	0.39	0.24
Filing Date Shares Outstanding	1,100	1,100	1,106	1,116	1,116	1,116
Total Common Shares Outstanding	1,100	1,100	1,106	1,116	1,116	1,116
Working Capital	1,297	1,302	1,269	1,397	1,371	1,392
Book Value Per Share	2.16	2.16	2.10	2.19	2.16	2.11
Tangible Book Value	1,868	1,859	1,780	1,852	1,813	1,768
Tangible Book Value Per Share	1.70	1.69	1.61	1.66	1.62	1.58
Buildings	-	368.5	363.65	345.84	335.75	261.97
Machinery	-	201.51	206.22	201.2	205.13	209.18
Construction In Progress	-	0.78	18.6	14.21	4.59	44.7