SHE:300485 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	134.46	88.13	75.26	120.16	226.21	161.54
Trading Asset Securities	1,486	1,474	1,496	1,053	895.39	1,135
Cash & Short-Term Investments	1,621	1,562	1,572	1,174	1,122	1,296
Cash Growth	0.99%	-0.61%	33.92%	4.63%	-13.47%	9.82%
Accounts Receivable	40.51	44.87	50.75	52.42	84.76	96.19
Other Receivables	0.99	0.95	1.43	4.01	4.08	0.98
Receivables	41.49	45.82	52.19	56.43	88.84	97.17
Inventory	71.56	68.85	81.37	107.06	89.09	123.05
Other Current Assets	17.18	10.82	6.47	15.99	20.91	13.83
Total Current Assets	1,751	1,688	1,712	1,353	1,320	1,530
Property, Plant & Equipment	469.64	474.84	506.68	539.42	572.18	598.9
Long-Term Investments	874.82	933.23	957.88	1,435	1,399	1,012
Goodwill	21.87	21.87	21.87	21.87	21.87	21.87
Other Intangible Assets	44.05	44.68	47.12	49.95	53.78	58.44
Long-Term Deferred Tax Assets	2.17	2.28	1.79	2.42	5.33	2.52
Long-Term Deferred Charges	369.17	366.91	292.71	208.97	184.07	158.55
Other Long-Term Assets	32.85	37.06	12.16	11.79	12.12	19.01
Total Assets	3,566	3,568	3,552	3,622	3,569	3,402
Accounts Payable	12.7	22.63	15.72	15.13	21.61	27.42
Accrued Expenses	4.3	25.63	39.28	15.59	31.37	33.91
Short-Term Debt	19.68	19.86	-	-	-	-
Current Income Taxes Payable	2.52	-	6.59	-	0.05	0.1
Current Unearned Revenue	7.71	4.92	5.3	6.43	9.12	12.57
Other Current Liabilities	40.26	19.25	15.16	14.29	12.79	14.45
Total Current Liabilities	87.17	92.3	82.05	51.45	74.94	88.46
Long-Term Unearned Revenue	0.68	0.42	1.24	-	-	-
Long-Term Deferred Tax Liabilities	82.02	83.24	83.18	103.16	82.16	30.08
Total Liabilities	169.88	175.95	166.48	154.61	157.1	118.54
Common Stock	481.67	481.67	481.67	481.67	481.67	481.67
Additional Paid-In Capital	845.93	845.93	845.93	828.2	845.93	843.56
Retained Earnings	2,047	2,043	2,028	2,108	2,046	1,922
Comprehensive Income & Other	0.35	0.75	1.45	18.65	0.33	-2.62
Total Common Equity	3,375	3,371	3,357	3,436	3,374	3,245
Minority Interest	20.63	21.47	28.26	31.58	38.09	38.37
Shareholders' Equity	3,396	3,392	3,385	3,468	3,412	3,283
Total Liabilities & Equity	3,566	3,568	3,552	3,622	3,569	3,402
Total Debt	19.68	19.86	-	-	-	-
Net Cash (Debt)	1,601	1,542	1,572	1,174	1,122	1,296
Net Cash Growth	-0.24%	-1.87%	33.92%	4.63%	-13.47%	9.82%
Net Cash Per Share	3.30	3.18	3.20	2.39	2.36	2.71
Filing Date Shares Outstanding	481.67	481.67	481.67	481.67	481.67	481.67
Total Common Shares Outstanding	481.67	481.67	481.67	481.67	481.67	481.67
Working Capital	1,664	1,595	1,630	1,302	1,246	1,442
Book Value Per Share	7.01	7.00	6.97	7.13	7.00	6.74
Tangible Book Value	3,309	3,304	3,288	3,364	3,298	3,164
Tangible Book Value Per Share	6.87	6.86	6.83	6.98	6.85	6.57
Buildings	-	511.46	511.46	511.46	510.1	451.73
Machinery	-	277.35	273.02	271.91	266.38	253.18
Construction In Progress	-	11.29	11.03	1.05	0.33	71.06