SHE:300683 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	262.38	648.33	419.15	510.22	748.48	184.05
Short-Term Investments	-	-	4.56	0.3	142.75	491.39
Trading Asset Securities	161.14	170.63	449.69	578.71	144.04	514.4
Cash & Short-Term Investments	423.52	818.96	873.4	1,089	1,035	1,190
Cash Growth	-43.85%	-6.23%	-19.81%	5.21%	-12.99%	18.99%
Accounts Receivable	339.92	298.58	300.78	254.58	233.21	264.48
Other Receivables	3.82	4.06	0	0	-	3.18
Receivables	343.74	302.64	300.78	254.58	233.21	270.15
Inventory	79.16	82.94	108.98	117.41	120.18	71.65
Other Current Assets	391.68	25.33	23.18	26.98	55.47	50.88
Total Current Assets	1,238	1,230	1,306	1,488	1,444	1,583
Property, Plant & Equipment	648.35	658.14	729.69	734.56	654.23	519.63
Long-Term Investments	42.04	42.85	16.58	27.08	88.89	65.29
Goodwill	178.59	178.59	263.59	263.59	302.15	316.17
Other Intangible Assets	223.18	229.09	253.44	276.88	90.37	90
Long-Term Deferred Tax Assets	123.53	120.52	119.94	109.47	80.59	71.64
Long-Term Deferred Charges	32.07	34.51	34.49	31.96	2.62	2.39
Other Long-Term Assets	58.86	82.97	212.57	39.51	43.87	49.87
Total Assets	2,545	2,577	2,937	2,971	2,707	2,698
Accounts Payable	57.55	33.13	64.35	52.08	58.05	51.72
Accrued Expenses	12.75	18.76	79.11	59.86	46.51	46.42
Short-Term Debt	7.06	7.06	7.22	7.32	30.03	33.04
Current Portion of Long-Term Debt	44.97	60.01	14.83	14.66	7.31	3.21
Current Portion of Leases	-	-	5.12	4.8	0.7	1.87
Current Income Taxes Payable	6.32	4.57	3.87	2.84	2.46	4.52
Current Unearned Revenue	47.32	53.77	77.54	116	97.99	66.38
Other Current Liabilities	121.3	131.54	111.21	88.58	41.68	42.09
Total Current Liabilities	297.26	308.85	363.26	346.15	284.73	249.25
Long-Term Debt	-	-	11.52	26.32	40.92	48.17
Long-Term Leases	3.65	3.9	5.36	10.4	2.59	3.64
Long-Term Unearned Revenue	87.16	83.04	84.25	30.47	27.9	22.59
Long-Term Deferred Tax Liabilities	10.9	11.35	14.74	16.48	13.11	7.25
Other Long-Term Liabilities	-	-	45.92	45.92	2.45	23.56
Total Liabilities	398.96	407.14	525.05	475.73	371.7	354.46
Common Stock	130.89	130.89	130.89	130.89	122.1	122.1
Additional Paid-In Capital	1,837	1,837	1,837	1,837	1,557	1,557
Retained Earnings	169.66	192.71	423.98	510.34	631.16	645.19
Total Common Equity	2,138	2,161	2,392	2,478	2,310	2,324
Minority Interest	7.99	8.87	19.8	17.37	24.79	18.65
Shareholders' Equity	2,146	2,169	2,412	2,496	2,335	2,343
Total Liabilities & Equity	2,545	2,577	2,937	2,971	2,707	2,698
Total Debt	55.67	70.97	44.05	63.5	81.55	89.92
Net Cash (Debt)	367.85	747.99	829.35	1,026	953.73	1,100
Net Cash Growth	-48.30%	-9.81%	-19.14%	7.55%	-13.29%	10.72%
Net Cash Per Share	2.81	5.72	6.34	7.90	7.48	10.34
Filing Date Shares Outstanding	128.03	130.67	130.89	130.89	122.1	122.1
Total Common Shares Outstanding	128.03	130.67	130.89	130.89	122.1	122.1
Working Capital	940.84	921.02	943.07	1,142	1,159	1,333
Book Value Per Share	16.70	16.53	18.27	18.93	18.92	19.04
Tangible Book Value	1,736	1,753	1,875	1,938	1,918	1,918
Tangible Book Value Per Share	13.56	13.41	14.32	14.80	15.71	15.71
Buildings	-	-	500.14	500.38	398.72	350.14
Machinery	-	-	528.75	480.61	339.05	291.83
Construction In Progress	-	-	11.02	2.99	120.99	34.27

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