SHE:300527 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	1,377	1,452	1,423	1,631	1,794	1,672
Cash & Short-Term Investments	1,377	1,452	1,423	1,631	1,794	1,672
Cash Growth	-6.49%	2.05%	-12.74%	-9.10%	7.29%	-16.43%
Accounts Receivable	744.47	829.84	751.54	536.97	1,203	992.55
Other Receivables	48.66	30.48	10.38	7.55	16.74	15.56
Receivables	793.12	860.32	761.93	544.52	1,219	1,008
Inventory	206.34	107.7	158.75	244.82	377.6	377.78
Other Current Assets	178.22	92.52	53.19	150.8	139.34	153.98
Total Current Assets	2,555	2,513	2,397	2,571	3,531	3,212
Property, Plant & Equipment	623.9	629.11	650.97	884.41	808.33	799.85
Long-Term Investments	239.11	239.11	233.52	237.05	56.99	58.09
Other Intangible Assets	139.84	140.26	141.15	193.07	167.86	173.66
Long-Term Deferred Tax Assets	28.65	28.5	27.18	29.11	26.35	18.64
Long-Term Deferred Charges	-	-	-	-	2.22	95.7
Other Long-Term Assets	248.83	248.92	297.73	0.63	3.44	36.18
Total Assets	3,835	3,799	3,748	3,915	4,596	4,394
Accounts Payable	469.67	409.66	459.68	429.19	922.98	789.05
Accrued Expenses	0.05	49.46	43.74	30.34	55.85	43.8
Current Portion of Long-Term Debt	-	-	2.78	4.13	2.75	1.38
Current Portion of Leases	-	-	-	-	1.95	1.99
Current Income Taxes Payable	30.94	0.92	3.18	0.16	11.02	11.27
Current Unearned Revenue	225.32	169.79	163.88	391.99	285.49	218.45
Other Current Liabilities	83.87	114.91	44.77	75.5	15.99	20.03
Total Current Liabilities	809.86	744.74	718.03	931.31	1,296	1,086
Long-Term Debt	-	-	221.03	329.08	314.61	298.35
Long-Term Leases	-	-	-	-	4.01	6.42
Long-Term Unearned Revenue	51.37	51.37	52.6	51.22	52.39	53.56
Long-Term Deferred Tax Liabilities	-	-	-	0.26	1.11	0.26
Other Long-Term Liabilities	81.15	82.48	75.14	56.48	42.97	27.19
Total Liabilities	942.37	878.6	1,067	1,368	1,711	1,472
Common Stock	1,017	1,017	986.82	963.24	963.24	963.21
Additional Paid-In Capital	1,143	1,143	890.59	744.19	744.14	743.9
Retained Earnings	734.27	762.68	747.34	738.62	956.54	981.6
Comprehensive Income & Other	-1.39	-2.22	55.99	100.91	98.18	107.35
Total Common Equity	2,893	2,920	2,681	2,547	2,762	2,796
Minority Interest	-	-	-	-	122.51	126.32
Shareholders' Equity	2,893	2,920	2,681	2,547	2,885	2,922
Total Liabilities & Equity	3,835	3,799	3,748	3,915	4,596	4,394
Total Debt	-	-	223.81	333.21	323.32	308.14
Net Cash (Debt)	1,377	1,452	1,199	1,298	1,471	1,364
Net Cash Growth	10.18%	21.10%	-7.58%	-11.77%	7.83%	-20.71%
Net Cash Per Share	1.54	1.63	1.39	1.37	1.66	1.41
Filing Date Shares Outstanding	1,015	1,017	986.82	963.24	963.24	963.21
Total Common Shares Outstanding	1,015	1,017	986.82	963.24	963.24	963.21
Working Capital	1,745	1,768	1,679	1,640	2,235	2,126
Book Value Per Share	2.85	2.87	2.72	2.64	2.87	2.90
Tangible Book Value	2,753	2,780	2,540	2,354	2,594	2,622
Tangible Book Value Per Share	2.71	2.73	2.57	2.44	2.69	2.72
Buildings	-	513.6	590.43	590.85	552	518.54
Machinery	-	482.23	379.23	391.2	456.24	507.97
Construction In Progress	-	62.9	86.83	290.39	171.48	135.82

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