SHE:300551 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	154.01	150.48	201.91	327.15	657.27	267.06
Trading Asset Securities	-	-	1.32	49.9	83.83	17.2
Cash & Short-Term Investments	154.01	150.48	203.23	377.05	741.1	284.26
Cash Growth	-11.27%	-25.96%	-46.10%	-49.12%	160.71%	-17.59%
Accounts Receivable	34.75	35.01	38.76	131.64	98.24	112.47
Other Receivables	19.33	17.32	27.2	84.16	41.17	39.09
Receivables	54.07	52.33	65.95	215.8	139.41	151.56
Inventory	77.68	71.8	106.71	145.66	133.44	150.14
Prepaid Expenses	-	-	-	-	-	0.58
Other Current Assets	18.94	3.05	3.75	87.55	60.15	28.51
Total Current Assets	304.7	277.65	379.64	826.06	1,074	615.05
Property, Plant & Equipment	25.78	25.32	54.84	128.28	170.22	128.39
Long-Term Investments	103.95	108.64	256.49	292.87	26.51	13.8
Goodwill	9.55	9.55	9.55	148.73	197.02	197.02
Other Intangible Assets	11.22	13.19	22.7	85.57	84.55	84.44
Long-Term Accounts Receivable	-	-	0.25	1	-	0.11
Long-Term Deferred Tax Assets	0.04	0.05	0.16	18.35	24.94	6.84
Long-Term Deferred Charges	0.18	0.13	0.18	20.02	4.91	1.98
Other Long-Term Assets	23.58	23.91	-	0	25.07	1.77
Total Assets	479.01	458.43	723.81	1,521	1,607	1,049
Accounts Payable	23.68	33.51	43.83	59.2	66.37	51.81
Accrued Expenses	8.77	10.22	14.65	29.2	34.5	24.07
Short-Term Debt	-	-	-	5	-	20
Current Portion of Long-Term Debt	17.57	18.53	11.11	14	-	-
Current Portion of Leases	-	-	1.09	18.62	15.94	9.38
Current Income Taxes Payable	1.26	2.62	0.67	0.57	0	0.47
Current Unearned Revenue	5.51	9.79	11.78	156.28	144.62	106.49
Other Current Liabilities	78.52	8.56	9.42	154.22	104.36	109.32
Total Current Liabilities	135.31	83.24	92.54	437.09	365.79	321.54
Long-Term Leases	3.92	1.36	0.29	45.4	67.84	24.22
Long-Term Unearned Revenue	1.57	1.65	2.01	2.97	5.87	5.65
Long-Term Deferred Tax Liabilities	3.08	3.24	6.36	34.42	40.46	16.9
Other Long-Term Liabilities	25.14	23.86	18.99	16.84	38.34	37.14
Total Liabilities	169.03	113.35	120.2	536.72	518.3	405.45
Common Stock	340.06	340.06	345.75	345.75	345.75	304.05
Additional Paid-In Capital	452.79	451.98	486.4	477.64	535.24	30.55
Retained Earnings	-486.62	-452.14	-190.19	161.01	241.92	307.19
Treasury Stock	-	-	-51.33	-51.33	-51.33	-5.14
Comprehensive Income & Other	0.19	0.19	-0	-0	-0	-0
Total Common Equity	306.42	340.1	590.63	933.07	1,072	636.66
Minority Interest	3.56	4.99	12.98	51.1	17.45	7.29
Shareholders' Equity	309.98	345.08	603.61	984.17	1,089	643.95
Total Liabilities & Equity	479.01	458.43	723.81	1,521	1,607	1,049
Total Debt	21.49	19.89	12.49	83.02	83.78	53.61
Net Cash (Debt)	132.52	130.59	190.74	294.03	657.32	230.65
Net Cash Growth	-17.69%	-31.54%	-35.13%	-55.27%	184.98%	-33.13%
Net Cash Per Share	0.39	0.38	0.55	0.87	1.91	0.75
Filing Date Shares Outstanding	344.8	334.14	340.06	340.06	340.06	347.83
Total Common Shares Outstanding	344.8	334.14	340.06	340.06	340.06	304.05
Working Capital	169.39	194.41	287.1	388.97	708.32	293.51
Book Value Per Share	0.89	1.02	1.74	2.74	3.15	2.09
Tangible Book Value	285.65	317.36	558.38	698.77	790.01	355.2
Tangible Book Value Per Share	0.83	0.95	1.64	2.05	2.32	1.17
Buildings	-	-	79.07	78.66	78.66	78.66
Machinery	-	-	90.27	103.15	97.89	93.23
Construction In Progress	-	-	-	-	7.38	2.53

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