SHE:300599 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	435.84	568.4	640.01	868.46	803.77	850.13
Trading Asset Securities	180	-	0.05	0.05	-	-
Cash & Short-Term Investments	615.84	568.4	640.06	868.51	803.77	850.13
Cash Growth	5.15%	-11.20%	-26.30%	8.05%	-5.45%	53.79%
Accounts Receivable	222.06	194.14	207.43	203.79	248.05	277.08
Other Receivables	3.97	3.52	5.19	4.09	3.92	3.12
Receivables	226.02	197.66	212.62	207.88	251.98	280.2
Inventory	180.86	198.7	221.45	241.93	320.89	405.03
Other Current Assets	37.31	30.19	57.51	53.29	66.8	143.77
Total Current Assets	1,060	994.95	1,132	1,372	1,443	1,679
Property, Plant & Equipment	855.81	887.82	916.96	892.94	854.2	862.66
Long-Term Investments	-	-	-	19.9	30	30
Other Intangible Assets	222.12	239.04	246.13	250.5	257.92	210.76
Long-Term Deferred Tax Assets	24.95	25.55	23.87	24.03	22.15	15.64
Long-Term Deferred Charges	50.7	54.37	63.21	76.46	87.29	91.76
Other Long-Term Assets	15.92	14.31	17.23	17.91	0.95	0.92
Total Assets	2,230	2,216	2,399	2,653	2,696	2,891
Accounts Payable	111.02	118.6	165.92	200.55	201.84	263.74
Accrued Expenses	17.88	22.05	54.49	50.07	73.99	88.93
Short-Term Debt	26.5	35.53	68.16	56.94	89.31	147
Current Portion of Long-Term Debt	0.23	0.35	-	-	-	-
Current Portion of Leases	-	-	0.33	0.32	0.36	0.12
Current Income Taxes Payable	15.66	4.97	6.93	4.93	8.43	4.55
Current Unearned Revenue	17.2	25.49	18.8	31.61	28.91	50.39
Other Current Liabilities	23.87	21.54	8.82	9.59	6.67	7.23
Total Current Liabilities	212.37	228.53	323.46	354.02	409.5	561.95
Long-Term Leases	0.69	0.72	1.07	1.4	1.72	2.07
Long-Term Unearned Revenue	51.33	52.98	58.22	31.02	36.32	41.63
Long-Term Deferred Tax Liabilities	10.07	10.98	12.64	15.36	15.07	14.36
Total Liabilities	274.44	293.21	395.39	401.79	462.62	620.01
Common Stock	358.13	358.13	358.13	358.13	358.13	358.13
Additional Paid-In Capital	1,012	1,012	1,012	1,012	1,012	1,012
Retained Earnings	660.48	628.23	709.04	890.01	863.22	900.74
Treasury Stock	-50.02	-50.02	-50.02	-	-	-
Comprehensive Income & Other	-25.5	-25.5	-25.5	-8.59	-	-
Shareholders' Equity	1,955	1,923	2,004	2,252	2,233	2,271
Total Liabilities & Equity	2,230	2,216	2,399	2,653	2,696	2,891
Total Debt	27.41	36.59	69.57	58.66	91.38	149.19
Net Cash (Debt)	588.43	531.8	570.49	809.85	712.39	700.95
Net Cash Growth	9.13%	-6.78%	-29.56%	13.68%	1.63%	40.50%
Net Cash Per Share	1.64	1.51	1.60	2.12	1.99	2.08
Filing Date Shares Outstanding	358.42	353.83	349.56	358.13	358.13	358.13
Total Common Shares Outstanding	358.42	353.83	349.56	358.13	358.13	358.13
Working Capital	847.67	766.42	808.19	1,018	1,034	1,117
Book Value Per Share	5.45	5.43	5.73	6.29	6.24	6.34
Tangible Book Value	1,733	1,684	1,758	2,001	1,975	2,060
Tangible Book Value Per Share	4.84	4.76	5.03	5.59	5.52	5.75
Buildings	-	-	691.28	657.99	641.49	613.14
Machinery	-	-	686.21	720.25	699.3	654.37
Construction In Progress	-	-	180.29	98.93	22.15	24.12

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