SHE:300423 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	116.73	115.96	351.27	473.49	663.29	479.21
Trading Asset Securities	-	-	9.08	0.6	490.49	681.26
Cash & Short-Term Investments	116.73	115.96	360.35	474.09	1,154	1,160
Cash Growth	-53.19%	-67.82%	-23.99%	-58.91%	-0.58%	7.79%
Accounts Receivable	789.31	790.44	945.77	1,242	2,434	3,316
Other Receivables	49.83	75.74	83.44	15.01	9.22	25.61
Receivables	839.14	866.18	1,029	1,257	2,444	3,342
Inventory	441.96	455.9	475.08	555.8	726.33	900.83
Prepaid Expenses	-	-	1.31	2.76	0.11	0.38
Other Current Assets	75.23	66.1	79.21	77.88	61.63	10.7
Total Current Assets	1,473	1,504	1,945	2,368	4,385	5,414
Property, Plant & Equipment	404.95	399.91	502.65	444.74	453.74	442.13
Long-Term Investments	250.88	246.06	194.5	273.32	266.57	217.51
Goodwill	12.37	12.37	16.54	24.52	440.49	1,523
Other Intangible Assets	38.32	38.61	39.14	40.41	57.41	60.11
Long-Term Deferred Tax Assets	70.5	71.15	70.99	49.75	121.95	127.29
Long-Term Deferred Charges	2.96	3.14	2.98	1.78	3.17	7.52
Other Long-Term Assets	125.51	123.78	73.6	66.54	0.69	0.27
Total Assets	2,379	2,399	2,846	3,269	5,729	7,793
Accounts Payable	589.77	615.38	758.95	1,051	1,528	2,088
Accrued Expenses	13.03	15.47	67.29	93.64	105.29	573.01
Short-Term Debt	150.14	159.4	157.81	153.59	654.94	678.85
Current Portion of Long-Term Debt	5.12	1.99	-	-	-	22.03
Current Portion of Leases	-	-	2.86	4.47	1.4	2.47
Current Income Taxes Payable	26.26	31.7	0.13	0.24	1.19	10.09
Current Unearned Revenue	344.93	331.39	428.16	412.31	200.48	179.35
Other Current Liabilities	79.94	53.67	60.03	56.74	37.98	39.55
Total Current Liabilities	1,209	1,209	1,475	1,772	2,530	3,594
Long-Term Leases	17.77	12.37	13.41	17.94	1.65	5.8
Long-Term Unearned Revenue	6.36	6.43	6.89	7.36	7.82	8.27
Long-Term Deferred Tax Liabilities	3.25	3.28	3.9	5.16	0.42	-
Other Long-Term Liabilities	3.07	3.07	5.47	4.66	1.71	-
Total Liabilities	1,240	1,234	1,505	1,807	2,541	3,608
Common Stock	497.51	497.51	497.51	497.51	497.51	498.42
Additional Paid-In Capital	1,824	1,824	1,824	1,824	1,824	1,831
Retained Earnings	-1,170	-1,146	-958.49	-832.72	879.24	1,878
Treasury Stock	-	-	-	-	-	-8.36
Comprehensive Income & Other	-	-	-16.49	-27.61	-15.11	-14.23
Total Common Equity	1,151	1,175	1,346	1,461	3,185	4,185
Minority Interest	-12.13	-9.68	-5.5	0.85	2.88	-
Shareholders' Equity	1,139	1,165	1,341	1,462	3,188	4,185
Total Liabilities & Equity	2,379	2,399	2,846	3,269	5,729	7,793
Total Debt	173.03	173.76	174.08	176	657.98	709.15
Net Cash (Debt)	-56.3	-57.8	186.27	298.08	495.79	451.33
Net Cash Growth	-	-	-37.51%	-39.88%	9.85%	58.31%
Net Cash Per Share	-0.11	-0.12	0.37	0.60	1.00	0.91
Filing Date Shares Outstanding	472.86	472.22	497.51	497.51	497.51	498.42
Total Common Shares Outstanding	472.86	472.22	497.51	497.51	497.51	498.42
Working Capital	263.88	295.14	469.94	595.71	1,856	1,821
Book Value Per Share	2.43	2.49	2.71	2.94	6.40	8.40
Tangible Book Value	1,100	1,124	1,290	1,396	2,687	2,601
Tangible Book Value Per Share	2.33	2.38	2.59	2.81	5.40	5.22
Buildings	-	-	559.46	451.79	485.12	452.83
Machinery	-	-	154.53	163.09	134.66	118.36
Construction In Progress	-	-	8.97	-	-	-

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