SHE:300785 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	-	794.81	657.86	728.42	856.49	731.16
Trading Asset Securities	-	120.1	210.14	120.93	89.9	392.95
Cash & Short-Term Investments	914.91	914.91	868	849.35	946.39	1,124
Cash Growth	2.60%	5.40%	2.20%	-10.25%	-15.81%	-13.39%
Accounts Receivable	-	518.42	542.07	517.82	436.68	432.78
Other Receivables	-	36.45	31.58	23.34	47.36	23.38
Receivables	-	554.87	573.65	541.16	484.04	456.16
Inventory	-	9.47	20.21	16.56	15.94	13.59
Other Current Assets	-	73.63	79.03	72.91	63.05	50.38
Total Current Assets	-	1,553	1,541	1,480	1,509	1,644
Property, Plant & Equipment	-	650.49	557.41	448.68	428.11	475.75
Long-Term Investments	-	35.1	34.98	27.15	26.01	33.62
Goodwill	-	17.61	21.19	27.9	27.9	44.08
Other Intangible Assets	-	249.48	236.25	253.02	255.88	8.6
Long-Term Deferred Tax Assets	-	40.26	33.05	19.46	15.39	12.11
Long-Term Deferred Charges	-	10.81	10.95	6.95	8.24	12.92
Other Long-Term Assets	-	0.62	0.38	0.11	0.45	0.49
Total Assets	-	2,557	2,435	2,263	2,271	2,232
Accounts Payable	-	196.96	170.87	109.39	69.46	106.76
Accrued Expenses	-	94.22	111.55	102.53	91.37	95.11
Short-Term Debt	-	-	27.07	15	101.8	-
Current Portion of Long-Term Debt	-	14.67	14.59	14.66	14.65	14.67
Current Portion of Leases	-	13.85	12	11.75	9.41	19.72
Current Income Taxes Payable	-	1.3	0.69	2.35	8.78	11.44
Current Unearned Revenue	-	9.68	13.73	5.89	4.33	4.91
Other Current Liabilities	-	8.65	24.19	32.82	48.52	65.08
Total Current Liabilities	-	339.32	374.68	294.39	348.31	317.69
Long-Term Debt	-	188.84	90.03	60.5	75	89.5
Long-Term Leases	-	8.86	15.17	10.42	7.33	18.28
Long-Term Deferred Tax Liabilities	-	9.41	7.07	5.31	2.88	0.44
Other Long-Term Liabilities	-	28.46	29.67	30.29	30.43	26.32
Total Liabilities	-	574.89	516.62	400.91	463.95	452.23
Common Stock	-	198.86	198.86	198.86	132.99	88.74
Additional Paid-In Capital	-	1,033	1,032	1,030	1,112	1,166
Retained Earnings	-	730.39	673.7	626.3	578.04	555.26
Treasury Stock	-	-	-	-	-13.6	-28.88
Comprehensive Income & Other	-	-0.39	-0.32	-0.37	-0.38	-0.42
Total Common Equity	1,962	1,962	1,904	1,855	1,809	1,781
Minority Interest	-	20.79	14.07	7.63	-2.03	-1.52
Shareholders' Equity	1,982	1,982	1,918	1,862	1,807	1,780
Total Liabilities & Equity	-	2,557	2,435	2,263	2,271	2,232
Total Debt	226.22	226.22	158.86	112.33	208.18	142.18
Net Cash (Debt)	688.7	688.7	709.15	737.02	738.21	981.93
Net Cash Growth	0.22%	-2.88%	-3.78%	-0.16%	-24.82%	-16.74%
Net Cash Per Share	3.67	3.50	3.58	3.75	3.74	4.92
Filing Date Shares Outstanding	198.86	198.86	198.86	198.86	199.48	199.67
Total Common Shares Outstanding	198.86	198.86	198.86	198.86	199.48	199.67
Working Capital	-	1,214	1,166	1,186	1,161	1,327
Book Value Per Share	9.86	9.86	9.58	9.33	9.07	8.92
Tangible Book Value	1,694	1,694	1,647	1,574	1,526	1,728
Tangible Book Value Per Share	8.52	8.52	8.28	7.91	7.65	8.66
Buildings	-	436.4	436.4	436.4	436.4	436.4
Machinery	-	81.14	83.52	83.24	57.44	60.14
Construction In Progress	-	265.81	146.12	17.92	1.5	-