SHE:300692 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	258.92	210.58	236.21	232.92	458.51	266.81
Trading Asset Securities	1	5	7	-	75.71	2.4
Cash & Short-Term Investments	259.92	215.58	243.21	232.92	534.22	269.21
Cash Growth	54.35%	-11.36%	4.42%	-56.40%	98.44%	1.13%
Accounts Receivable	1,444	1,429	1,276	1,036	811.28	726.44
Other Receivables	9.08	8.16	13.03	18.7	67.2	38.44
Receivables	1,453	1,437	1,289	1,054	878.48	764.88
Inventory	10.52	9.64	9.77	11.91	11.69	6.5
Prepaid Expenses	-	-	3.01	3.83	-	-
Other Current Assets	173.06	169	231.26	146.37	178.07	208.07
Total Current Assets	1,896	1,831	1,776	1,449	1,602	1,249
Property, Plant & Equipment	367.96	375.78	411.67	448.06	372.57	114.72
Long-Term Investments	50.44	50.44	51.6	44.03	11.88	14.15
Goodwill	29.01	29.01	29.01	29.01	32.75	32.75
Other Intangible Assets	2,600	2,626	2,703	2,798	2,764	2,244
Long-Term Accounts Receivable	-	-	1,770	1,813	1,825	1,402
Long-Term Deferred Tax Assets	49.58	41.87	35.71	5.04	16.28	14.81
Long-Term Deferred Charges	1.48	1.58	2.11	2.63	-	0.02
Other Long-Term Assets	1,760	1,778	76.93	44.4	102.26	322.56
Total Assets	6,754	6,734	6,857	6,634	6,727	5,393
Accounts Payable	365.8	461.78	503.6	525.91	681.01	680.82
Accrued Expenses	16.45	16.44	42.32	47.05	39.12	34.8
Short-Term Debt	318.97	259.54	292.3	254.5	242.32	603.21
Current Portion of Long-Term Debt	309.11	302.04	235.09	215.25	176.88	188.31
Current Portion of Leases	-	-	54.7	58.81	62.49	83.48
Current Income Taxes Payable	25.9	26.93	9.35	5.49	14.09	17.27
Current Unearned Revenue	12.11	2.88	2.82	0.82	20.68	3.71
Other Current Liabilities	79.39	74.34	34.55	58.06	85.08	45.26
Total Current Liabilities	1,128	1,144	1,175	1,166	1,322	1,657
Long-Term Debt	1,639	2,186	2,646	2,387	2,125	733.9
Long-Term Leases	2.32	2.34	2.43	2.52	391.38	479.02
Long-Term Unearned Revenue	75.69	77.02	81.45	86.94	78.25	77.1
Long-Term Deferred Tax Liabilities	88.06	89.8	93.74	75.38	99.67	97.33
Other Long-Term Liabilities	466.55	469.53	380.13	451.46	120.56	104.19
Total Liabilities	3,400	3,969	4,378	4,169	4,137	3,148
Common Stock	552.85	460.36	424.5	423.75	423.75	423.75
Additional Paid-In Capital	1,630	1,070	859.88	855.98	1,012	927.86
Retained Earnings	995.4	977.49	922.57	878.93	792.06	642.82
Treasury Stock	-60.19	-60.19	-67.69	-32.63	-44.19	-
Comprehensive Income & Other	9.02	92.29	123.44	124.62	125	-
Total Common Equity	3,127	2,540	2,263	2,251	2,309	1,994
Minority Interest	227.54	225.59	216.09	213.58	281.41	250.61
Shareholders' Equity	3,355	2,765	2,479	2,464	2,590	2,245
Total Liabilities & Equity	6,754	6,734	6,857	6,634	6,727	5,393
Total Debt	2,270	2,750	3,230	2,918	2,999	2,088
Net Cash (Debt)	-2,010	-2,534	-2,987	-2,685	-2,464	-1,819
Net Cash Per Share	-4.72	-6.09	-7.18	-6.33	-5.53	-4.29
Filing Date Shares Outstanding	464.05	391.65	414.94	414.46	421.75	423.75
Total Common Shares Outstanding	464.05	391.65	414.94	414.46	421.75	423.75
Working Capital	768.4	687.26	601.54	283.41	280.79	-408.2
Book Value Per Share	6.74	6.48	5.45	5.43	5.47	4.71
Tangible Book Value	498.08	-115.42	-469.63	-576.67	-488.21	-281.84
Tangible Book Value Per Share	1.07	-0.29	-1.13	-1.39	-1.16	-0.67
Buildings	-	-	342.67	352.88	92.59	92.24
Machinery	-	-	159.68	151.37	70.12	56.21
Construction In Progress	-	-	-	2.44	257.47	3.44
Order Backlog	-	-	706.3	-	-	-

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