SHE:300556 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	464.98	589.42	536.46	650.31	584.5	389.62
Cash & Short-Term Investments	584.98	589.42	536.46	650.31	584.5	389.62
Cash Growth	15.90%	9.87%	-17.51%	11.26%	50.02%	4.77%
Accounts Receivable	380.99	455.86	705.7	952.74	828.91	705.34
Other Receivables	16.9	58.07	20.22	25.22	28.19	26.24
Receivables	397.88	513.93	725.91	977.96	857.1	731.58
Inventory	145.06	126.59	67.01	37.13	46.82	49.22
Prepaid Expenses	-	-	11.46	6.63	5.99	4.29
Other Current Assets	91.73	74.24	59.48	56.11	67.33	101.3
Total Current Assets	1,220	1,304	1,400	1,728	1,562	1,276
Property, Plant & Equipment	43.62	48.42	68.4	63.54	94.73	113.35
Long-Term Investments	65.55	65.78	119.71	138.32	177.68	178.77
Goodwill	-	-	0.87	4.94	6.31	6.31
Other Intangible Assets	1.34	1.69	48.2	52.24	5.17	3.61
Long-Term Accounts Receivable	-	-	42.69	138.41	62.22	59.64
Long-Term Deferred Tax Assets	140.95	143.99	118.52	60.4	44.45	34.65
Long-Term Deferred Charges	2.2	2.59	3.53	6.22	11.1	12.85
Other Long-Term Assets	33.27	22.5	-	-	-	-
Total Assets	1,507	1,589	1,802	2,192	1,963	1,685
Accounts Payable	416.89	450.2	506.76	565.71	433.57	436.01
Accrued Expenses	28.17	54.43	103.19	161.1	160.43	170.24
Short-Term Debt	68.59	85.04	158.61	127.1	85	44.9
Current Portion of Long-Term Debt	16.87	18.93	2.39	-	-	-
Current Portion of Leases	-	-	18.09	17.72	27.16	25.07
Current Income Taxes Payable	17.57	36.24	0.55	13.02	7.04	9.78
Current Unearned Revenue	209.64	191.24	96.69	57.66	66.78	113.41
Other Current Liabilities	38.67	53.22	44.57	41.49	27.54	34.34
Total Current Liabilities	796.39	889.29	930.85	983.81	807.52	833.75
Long-Term Debt	252.68	250.4	240.83	231.82	219.82	-
Long-Term Leases	20.47	24.15	36.13	20.68	37.01	52.19
Long-Term Unearned Revenue	0.22	0.24	4.1	3.07	15.24	10.53
Long-Term Deferred Tax Liabilities	10.93	11.34	6.89	4.9	7.85	-
Other Long-Term Liabilities	7.55	7.42	-	0.47	0.91	0.21
Total Liabilities	1,088	1,183	1,219	1,245	1,088	896.69
Common Stock	121.57	121.56	121.56	121.31	119.48	119.38
Additional Paid-In Capital	344.39	345.27	458.92	451.45	408.49	392.95
Retained Earnings	-68.23	-79.96	-19.19	348.71	331.75	294.82
Treasury Stock	-	-	-	-0.76	-8.27	-17.36
Comprehensive Income & Other	27.21	27.14	27.06	27.13	22.78	0.18
Total Common Equity	424.94	414.01	588.35	947.83	874.23	789.97
Minority Interest	-6.6	-7.69	-4.93	-0.37	0.82	-1.47
Shareholders' Equity	418.34	406.32	583.42	947.47	875.05	788.5
Total Liabilities & Equity	1,507	1,589	1,802	2,192	1,963	1,685
Total Debt	358.6	378.52	456.06	397.32	368.99	122.16
Net Cash (Debt)	226.38	210.89	80.4	252.99	215.52	267.45
Net Cash Growth	475.11%	162.31%	-68.22%	17.38%	-19.42%	-1.66%
Net Cash Per Share	1.88	1.74	0.66	2.09	1.81	2.23
Filing Date Shares Outstanding	117.29	122.23	121.56	121.31	119.85	119.38
Total Common Shares Outstanding	117.29	122.23	121.56	121.31	119.85	119.38
Working Capital	423.26	414.89	469.46	744.34	754.22	442.26
Book Value Per Share	3.62	3.39	4.84	7.81	7.29	6.62
Tangible Book Value	423.6	412.32	539.28	890.65	862.76	780.05
Tangible Book Value Per Share	3.61	3.37	4.44	7.34	7.20	6.53
Buildings	-	-	-	3.87	3.87	3.87
Machinery	-	-	81.6	86.15	87.35	81.95

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