SHE:300746 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	185.15	192.57	302.4	228.75	299.98	356.28
Short-Term Investments	-	-	-	-	173.31	-
Trading Asset Securities	-	10	3	307.35	150.25	281.18
Cash & Short-Term Investments	185.15	202.57	305.4	536.09	623.54	637.46
Cash Growth	-23.19%	-33.67%	-43.03%	-14.02%	-2.18%	53.46%
Accounts Receivable	1,498	1,800	2,101	1,205	764.85	510.66
Other Receivables	40.54	30.54	29.3	1.08	22.57	23.56
Receivables	1,538	1,830	2,130	1,206	787.42	534.22
Inventory	92.3	72.02	81.53	1.1	-	-
Prepaid Expenses	-	12.8	6.82	1.36	0.2	0.08
Other Current Assets	78.28	143.55	55.71	22.43	56.31	85.06
Total Current Assets	1,894	2,261	2,579	1,767	1,467	1,257
Property, Plant & Equipment	411.84	426.05	477.5	334.94	363.2	405.38
Long-Term Investments	68.93	84.33	79.54	26.69	39.37	38.96
Goodwill	438.8	438.8	487.26	353.08	353.08	353.08
Other Intangible Assets	35.69	37.29	42.02	11.3	12.54	12.71
Long-Term Accounts Receivable	-	40.79	31.82	71.12	-	-
Long-Term Deferred Tax Assets	78.27	78.64	71.9	53.22	53.42	46.48
Long-Term Deferred Charges	15.5	13.14	15.98	15.49	14.3	15.1
Other Long-Term Assets	210.13	32.18	28.79	30.89	79.18	59.47
Total Assets	3,153	3,412	3,814	2,663	2,383	2,188
Accounts Payable	667.34	952.09	1,327	1,026	550.68	311.94
Accrued Expenses	102.64	138.78	229.6	131.09	118.32	105.99
Short-Term Debt	292.71	293.19	351.15	1	39.69	50.8
Current Portion of Long-Term Debt	-	73.4	-	-	-	-
Current Portion of Leases	76.3	2.86	1.64	1.14	1.34	1.05
Current Income Taxes Payable	23.41	12.88	12.84	9.46	9.21	13.95
Current Unearned Revenue	27.83	25.51	51.97	40.65	111.94	140.45
Other Current Liabilities	307.31	255.77	480.28	31.62	58.69	57.51
Total Current Liabilities	1,498	1,754	2,454	1,241	889.86	681.69
Long-Term Debt	392.87	400.37	217.57	-	-	-
Long-Term Leases	13.78	14.03	5.19	0.67	0.52	0.68
Long-Term Unearned Revenue	-	-	-	-	-	0.16
Long-Term Deferred Tax Liabilities	32.55	33.05	17.83	8.65	9.05	11.91
Other Long-Term Liabilities	88.15	88.64	90.11	136	132.57	128.9
Total Liabilities	2,025	2,291	2,785	1,386	1,032	823.33
Common Stock	225.74	225.74	225.74	225.74	225.74	225.74
Additional Paid-In Capital	476.83	476.83	481.03	481.03	482.51	482.51
Retained Earnings	121.21	113.2	41.39	520.72	586.55	600.16
Total Common Equity	823.78	815.77	748.17	1,227	1,295	1,308
Minority Interest	304.6	306.15	280.81	49.99	55.77	56.28
Shareholders' Equity	1,128	1,122	1,029	1,277	1,351	1,365
Total Liabilities & Equity	3,153	3,412	3,814	2,663	2,383	2,188
Total Debt	775.65	783.84	575.56	2.81	41.54	52.53
Net Cash (Debt)	-590.5	-581.27	-270.15	533.28	582	584.93
Net Cash Growth	-	-	-	-8.37%	-0.50%	94.46%
Net Cash Per Share	-2.63	-2.57	-1.19	2.44	2.48	2.57
Filing Date Shares Outstanding	225.74	225.74	225.74	225.74	225.74	225.74
Total Common Shares Outstanding	225.74	225.74	225.74	225.74	225.74	225.74
Working Capital	396.55	506.77	124.87	526.07	577.61	575.13
Book Value Per Share	3.65	3.61	3.31	5.44	5.74	5.80
Tangible Book Value	349.28	339.67	218.89	863.11	929.18	942.61
Tangible Book Value Per Share	1.55	1.50	0.97	3.82	4.12	4.18
Buildings	-	567.63	659.16	566.97	555.55	581.62
Machinery	-	196.21	212.37	77.15	83.91	84.06
Construction In Progress	-	0.1	0.9	-	3.5	-