SHE:300437 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	Dec '21 Dec 31, 2021
Cash & Equivalents	378.88	379.93	402.78	397.39	485.01	568.3
Trading Asset Securities	11.21	11.18	1.11	1.11	49	-
Cash & Short-Term Investments	390.09	391.11	403.89	398.5	534.01	568.3
Cash Growth	9.50%	-3.16%	1.35%	-25.38%	-6.03%	7.40%
Accounts Receivable	548.47	482.28	518.55	561.54	664.86	737.97
Other Receivables	61.8	58.07	56.04	61.54	68.12	30.88
Receivables	610.27	540.35	574.59	623.09	732.98	768.85
Inventory	80.47	80.41	81.88	115.4	112.71	206.76
Prepaid Expenses	-	-	1.57	2.63	-	18.26
Other Current Assets	55.98	58.8	24.86	38.17	48.19	317
Total Current Assets	1,137	1,071	1,087	1,178	1,428	1,879
Property, Plant & Equipment	346.42	358.52	419.08	464.33	530.66	616.68
Long-Term Investments	0.47	0.5	71.5	122.74	155.28	293.07
Goodwill	46.18	46.18	46.18	46.18	50.28	61.17
Other Intangible Assets	648.01	656.96	607.94	623.25	391.12	392.02
Long-Term Accounts Receivable	-	-	219.64	227.38	459.45	299.17
Long-Term Deferred Tax Assets	106.74	106.07	93.48	80.44	69.61	22.66
Long-Term Deferred Charges	7.49	7.85	7.9	4.1	6.99	6.46
Other Long-Term Assets	117.99	118.06	9.04	11.68	39.23	14.01
Total Assets	2,410	2,365	2,562	2,758	3,131	3,584
Accounts Payable	502.37	475.23	543.92	593.71	671.01	734.16
Accrued Expenses	7.6	9.96	12.43	11.62	20.13	22.28
Short-Term Debt	101.83	123.77	104	163.11	473.96	483.2
Current Portion of Long-Term Debt	95.95	101.67	110.99	23.43	42.66	117.74
Current Portion of Leases	-	-	0.16	0.18	2.27	1.97
Current Income Taxes Payable	8.92	8.87	2.43	2.3	1.46	18.66
Current Unearned Revenue	19.41	9.42	9.53	16.98	32.81	63.36
Other Current Liabilities	4.52	5.18	43.19	45.23	59.83	341.48
Total Current Liabilities	740.59	734.09	826.64	856.56	1,304	1,783
Long-Term Debt	232.62	192.52	261.22	357.99	174.36	132.8
Long-Term Leases	1.71	1.77	2.03	1.83	7.19	8.65
Long-Term Unearned Revenue	23.95	24.41	26.25	28.1	24.95	17.42
Long-Term Deferred Tax Liabilities	5.07	5.08	4.68	5.36	5.53	-
Other Long-Term Liabilities	7.56	7.35	1.38	0.12	1.14	-
Total Liabilities	1,012	965.22	1,122	1,250	1,517	1,942
Common Stock	245.2	252.42	257.06	259.06	259.06	259.06
Additional Paid-In Capital	1,097	1,090	1,139	1,152	1,144	1,116
Retained Earnings	34.53	35.56	76.14	134.75	206.25	276.09
Treasury Stock	-	-	-	-	-15.01	-30.01
Comprehensive Income & Other	7.02	7.31	-45.82	-48.96	4.81	4.62
Total Common Equity	1,383	1,385	1,426	1,497	1,599	1,625
Minority Interest	15.1	14.77	12.87	10.89	14	17.41
Shareholders' Equity	1,399	1,400	1,439	1,508	1,613	1,643
Total Liabilities & Equity	2,410	2,365	2,562	2,758	3,131	3,584
Total Debt	432.12	419.73	478.41	546.53	700.45	744.36
Net Cash (Debt)	-42.03	-28.63	-74.52	-148.03	-166.44	-176.06
Net Cash Per Share	-0.16	-0.11	-0.29	-0.57	-0.64	-0.69
Filing Date Shares Outstanding	252.17	283.27	257.06	257.06	254.79	254.06
Total Common Shares Outstanding	252.17	283.27	257.06	259.06	254.79	254.06
Working Capital	396.22	336.58	260.14	321.22	123.76	96.32
Book Value Per Share	5.49	4.89	5.55	5.78	6.28	6.40
Tangible Book Value	689.3	681.68	772.34	827.6	1,158	1,172
Tangible Book Value Per Share	2.73	2.41	3.00	3.19	4.54	4.61
Buildings	-	-	438	437.27	443.98	456.33
Machinery	-	-	307.35	328.5	333.3	361.14
Construction In Progress	-	-	19.23	11.65	9.59	3.55

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