SHE:300512 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	256.16	285.2	317.42	242.35	266.08	192.34
Trading Asset Securities	49.77	97.69	10.03	234.95	10	130.62
Cash & Short-Term Investments	305.93	382.88	327.45	477.3	276.08	322.96
Cash Growth	-9.93%	16.93%	-31.39%	72.89%	-14.52%	-36.52%
Accounts Receivable	478.31	491.77	468.43	528.02	484.12	431.56
Other Receivables	15.78	13.21	11.86	10.58	9.34	9.93
Receivables	494.09	504.98	480.3	538.59	493.46	441.5
Inventory	1,175	1,156	1,060	1,025	1,063	819.66
Other Current Assets	71.65	52.68	66.29	52.04	39.79	50.47
Total Current Assets	2,047	2,096	1,934	2,093	1,873	1,635
Property, Plant & Equipment	407.33	412.42	405.81	413.44	422.56	422.42
Long-Term Investments	64	65.39	69.87	70.94	56.25	42.74
Goodwill	44.23	44.23	43.71	44.7	45.81	47.65
Other Intangible Assets	63.96	65.08	69.78	73.95	77.43	68.78
Long-Term Accounts Receivable	-	-	1.13	4.58	6.2	-
Long-Term Deferred Tax Assets	31.58	32.12	29.98	27.46	21.08	16.34
Long-Term Deferred Charges	17.13	15.44	11.9	10.66	5.43	15.38
Other Long-Term Assets	7.17	3.91	1.14	1.61	4.89	12.16
Total Assets	2,682	2,735	2,568	2,740	2,512	2,260
Accounts Payable	299.96	322.48	287.89	283.45	286.04	269.16
Accrued Expenses	24.4	43.54	57.43	63.67	58.48	71.94
Short-Term Debt	80	90.04	230.19	270.42	46.4	-
Current Portion of Long-Term Debt	4.26	4.32	4.89	70.33	-	-
Current Portion of Leases	-	-	4.72	5	1.88	3.29
Current Income Taxes Payable	4.25	8.43	0.17	0.06	2.23	3.81
Current Unearned Revenue	492.51	522.89	277.6	334.35	364.49	294.54
Other Current Liabilities	88.54	80.35	49.18	57.87	48.33	41.68
Total Current Liabilities	993.91	1,072	912.08	1,085	807.86	684.42
Long-Term Debt	1.27	1.32	39.12	2.27	73.15	-
Long-Term Leases	17.24	17.2	6.8	8.52	3.45	4.85
Long-Term Unearned Revenue	4.59	4.92	6.39	7.86	9.33	11.03
Long-Term Deferred Tax Liabilities	0.06	0.08	0.13	0.22	0.01	-
Other Long-Term Liabilities	26.73	26.77	-	10.78	20.33	22.88
Total Liabilities	1,044	1,122	964.53	1,115	914.13	723.18
Common Stock	409.24	409.24	407.64	410.96	410.98	273.54
Additional Paid-In Capital	443.38	440.72	451.8	460.72	466.4	593.89
Retained Earnings	797.93	776.07	773.46	791.8	762.92	675.52
Treasury Stock	-25.62	-25.62	-40	-50.78	-60.33	-28.63
Comprehensive Income & Other	10.41	9.5	9.71	10.44	10.85	15.59
Total Common Equity	1,635	1,610	1,603	1,623	1,591	1,530
Minority Interest	3.02	2.6	0.65	2.32	7.37	6.96
Shareholders' Equity	1,638	1,613	1,603	1,625	1,598	1,537
Total Liabilities & Equity	2,682	2,735	2,568	2,740	2,512	2,260
Total Debt	102.78	112.88	285.73	356.53	124.88	8.15
Net Cash (Debt)	203.15	270	41.72	120.76	151.2	314.81
Net Cash Growth	189.93%	547.20%	-65.45%	-20.13%	-51.97%	-38.12%
Net Cash Per Share	0.53	0.71	0.10	0.29	0.37	0.76
Filing Date Shares Outstanding	409.23	321.71	403.21	406.53	406.55	409.38
Total Common Shares Outstanding	409.23	321.71	403.21	406.53	406.55	409.38
Working Capital	1,053	1,024	1,022	1,008	1,065	950.16
Book Value Per Share	4.00	5.00	3.97	3.99	3.91	3.74
Tangible Book Value	1,527	1,501	1,489	1,504	1,468	1,413
Tangible Book Value Per Share	3.73	4.66	3.69	3.70	3.61	3.45
Buildings	-	-	377.93	321.26	-	307.15
Machinery	-	-	315.39	301.29	595.52	263.63
Construction In Progress	-	-	17.77	62.88	71.31	57.8

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