SHE:300929 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	82.55	84.85	70.81	76.89	176.91	226.85
Trading Asset Securities	19.15	35.15	15.08	40.13	48.14	50.21
Cash & Short-Term Investments	101.7	120	85.89	117.02	225.06	277.06
Cash Growth	21.40%	39.71%	-26.60%	-48.00%	-18.77%	125.37%
Accounts Receivable	464.02	472.34	424.8	426.49	430.57	496.08
Other Receivables	4.7	38.89	49.83	60.33	79.04	66.9
Receivables	468.73	511.23	474.63	486.83	509.61	562.98
Inventory	64.08	57.97	59.55	56.36	62.75	56.75
Other Current Assets	70.32	34.02	41.42	31.65	39.54	75.71
Total Current Assets	704.83	723.22	661.5	691.86	836.95	972.5
Property, Plant & Equipment	217.59	220.93	227.88	217.62	93.62	83.88
Long-Term Investments	85.3	84.65	83.6	77.55	74.75	73.61
Other Intangible Assets	262.53	265.23	281.71	288.21	297.95	218.76
Long-Term Accounts Receivable	-	3.8	10.39	2.89	5.04	11.58
Long-Term Deferred Tax Assets	36.24	34.72	23.96	17.75	18.86	14.85
Long-Term Deferred Charges	3.07	3.57	4.33	5.54	7.42	3.66
Other Long-Term Assets	447.68	457.78	480.26	478.07	489.28	427.6
Total Assets	1,757	1,794	1,774	1,779	1,824	1,806
Accounts Payable	238.05	256.53	267.22	321.54	328.31	362.55
Accrued Expenses	3.93	12.68	13.22	12.08	13.62	8.21
Short-Term Debt	160.39	152.8	83.86	75.08	103.19	130.38
Current Portion of Long-Term Debt	63.72	87.07	63.22	41.96	41.02	27.42
Current Portion of Leases	-	0.59	0.41	0.28	0.69	0.78
Current Income Taxes Payable	3.57	1.16	0.08	1.8	0.8	4.39
Current Unearned Revenue	27.15	24.6	15.53	6.64	32.86	18.19
Other Current Liabilities	6.61	5.39	3.29	1.66	3.61	10.75
Total Current Liabilities	503.41	540.83	446.84	461.04	524.09	562.68
Long-Term Debt	420.32	418.32	466.39	425.16	411.57	399.09
Long-Term Leases	0.24	0.37	0.17	0.03	0.02	0.6
Long-Term Unearned Revenue	13.01	13.32	13.71	13.57	8.76	5.88
Long-Term Deferred Tax Liabilities	3.15	2.93	0.61	1.22	6.34	5.15
Other Long-Term Liabilities	37.93	36.86	30.16	27.94	23.24	18.01
Total Liabilities	978.06	1,013	957.87	928.96	974.03	991.41
Common Stock	132.13	132.13	132.13	132.13	132.13	82.58
Additional Paid-In Capital	351.81	350.33	346.8	346.8	346.8	396.47
Retained Earnings	277.25	280.27	320.02	364.39	363.2	330.09
Comprehensive Income & Other	6.39	6.39	5.68	1.38	0.48	0.8
Total Common Equity	767.59	769.13	804.63	844.7	842.61	809.95
Minority Interest	11.6	12.14	11.12	5.82	7.25	5.09
Shareholders' Equity	779.19	781.27	815.75	850.52	849.86	815.04
Total Liabilities & Equity	1,757	1,794	1,774	1,779	1,824	1,806
Total Debt	644.66	659.15	614.05	542.5	556.49	558.28
Net Cash (Debt)	-542.96	-539.15	-528.15	-425.48	-331.43	-281.22
Net Cash Per Share	-4.11	-4.07	-4.00	-3.28	-2.50	-2.15
Filing Date Shares Outstanding	132.13	132.13	132.13	132.13	132.13	132.13
Total Common Shares Outstanding	132.13	132.13	132.13	132.13	132.13	132.13
Working Capital	201.42	182.39	214.66	230.81	312.86	409.82
Book Value Per Share	5.81	5.82	6.09	6.39	6.38	6.13
Tangible Book Value	505.05	503.9	522.93	556.49	544.66	591.19
Tangible Book Value Per Share	3.82	3.81	3.96	4.21	4.12	4.47
Buildings	-	214.26	214.24	139.45	52.69	52.69
Machinery	-	98.52	89.11	62.27	54.96	60.3
Construction In Progress	-	0.04	-	77.95	40.2	21.97
Order Backlog	-	180.79	-	-	-	-