SHE:300518 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	90.97	103.21	48.2	367.4	583.24	641.86
Trading Asset Securities	72	76.86	94.76	123.53	145.86	-
Cash & Short-Term Investments	162.96	180.07	142.97	490.93	729.09	641.86
Cash Growth	-33.24%	25.95%	-70.88%	-32.67%	13.59%	47.57%
Accounts Receivable	3.57	5.37	6.61	11.51	13.71	73.71
Other Receivables	20.09	19.91	21.36	50.89	14.16	64.05
Receivables	23.66	25.29	27.97	62.41	27.88	137.76
Inventory	33.96	31.55	12.47	9.78	13.7	2.06
Other Current Assets	20.47	44.58	18.85	97.41	27.54	10.68
Total Current Assets	241.05	281.49	202.26	660.53	798.22	792.36
Property, Plant & Equipment	154.6	155.92	154.38	121.56	83.94	80.09
Long-Term Investments	64.94	64.94	66.32	123.88	327.22	266.7
Goodwill	0.52	0.52	-	-	-	188.55
Other Intangible Assets	367.45	367.52	395.82	396.1	382.74	0.65
Long-Term Deferred Tax Assets	9.76	8.43	20.68	20.95	48.25	45.9
Long-Term Deferred Charges	1.83	1.9	2.01	2.03	-	0.01
Other Long-Term Assets	47.16	46.68	233.03	305.86	308.87	337.77
Total Assets	887.32	927.39	1,075	1,631	1,949	1,712
Accounts Payable	42.68	58.67	32.57	28.23	32.17	14.27
Accrued Expenses	3.69	5.15	11.64	26.49	32.1	59.52
Short-Term Debt	-	-	20.53	79.86	-	-
Current Portion of Long-Term Debt	5.29	5.8	-	-	-	-
Current Portion of Leases	-	-	1	0.79	-	1.34
Current Income Taxes Payable	6.3	4.68	0.41	6.19	0.03	43.94
Current Unearned Revenue	0.04	0.04	1.19	2.68	3.45	16.63
Other Current Liabilities	17.61	19.8	34.54	45.78	150.19	243.89
Total Current Liabilities	75.6	94.14	101.9	190.03	217.94	379.59
Long-Term Leases	6.25	6.7	5.53	6.18	-	0.24
Long-Term Unearned Revenue	3.63	3.68	3.9	4.12	6.63	6.96
Long-Term Deferred Tax Liabilities	12.05	13.26	16.48	20.74	23.4	43.12
Other Long-Term Liabilities	19.44	23.99	27.53	30.9	32.69	54.08
Total Liabilities	116.97	141.78	155.34	251.96	280.66	484
Common Stock	199.41	199.41	199.41	199.41	142.44	101.74
Additional Paid-In Capital	482.46	482.46	482.46	505.12	536.87	579.44
Retained Earnings	-21.37	-7.67	97.05	413.24	677.73	640.38
Treasury Stock	-	-	-	-	-73.63	-141.37
Comprehensive Income & Other	0.6	0.6	0.53	0.41	-0.44	-8.61
Total Common Equity	661.1	674.8	779.45	1,118	1,283	1,172
Minority Interest	109.25	110.82	139.71	260.78	385.62	56.47
Shareholders' Equity	770.35	785.61	919.16	1,379	1,669	1,228
Total Liabilities & Equity	887.32	927.39	1,075	1,631	1,949	1,712
Total Debt	11.54	12.5	27.06	86.83	-	1.59
Net Cash (Debt)	151.42	167.56	115.91	404.1	729.09	640.27
Net Cash Growth	-35.54%	44.57%	-71.32%	-44.57%	13.87%	66.37%
Net Cash Per Share	0.78	0.85	0.58	2.03	3.66	3.21
Filing Date Shares Outstanding	195.76	196.35	199.41	199.41	199.41	199.41
Total Common Shares Outstanding	195.76	196.35	199.41	199.41	199.41	199.41
Working Capital	165.45	187.35	100.36	470.5	580.28	412.77
Book Value Per Share	3.38	3.44	3.91	5.61	6.43	5.88
Tangible Book Value	293.12	306.76	383.63	722.07	900.23	982.37
Tangible Book Value Per Share	1.50	1.56	1.92	3.62	4.51	4.93
Buildings	-	-	72.36	88.09	89.76	89.76
Machinery	-	-	16.94	13.93	19.22	17.65
Construction In Progress	-	-	92.73	42.56	6.46	-

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