SHE:300989 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	208.07	466.42	331.33	316.57	395.13	314.57
Trading Asset Securities	382.46	218.7	341.75	425.16	431.89	723.86
Cash & Short-Term Investments	590.52	685.11	673.08	741.73	827.01	1,038
Cash Growth	-7.29%	1.79%	-9.26%	-10.31%	-20.36%	206.84%
Accounts Receivable	215.97	217.63	214.35	221.73	154.58	111
Other Receivables	5.21	5.09	7.66	5.73	5.77	6.36
Receivables	221.18	222.73	222.01	297.46	160.35	117.36
Inventory	-	-	-	0	-	-
Prepaid Expenses	-	-	-	-	1.89	-
Other Current Assets	8.35	7.12	6.41	4.98	5.82	4.36
Total Current Assets	820.05	914.96	901.5	1,044	995.08	1,160
Property, Plant & Equipment	72.39	80.02	75.74	78.39	24.45	36.05
Long-Term Investments	148.79	144.27	143.99	126.77	122.81	-
Other Intangible Assets	38.15	39.08	39.57	26.55	22.97	1.61
Long-Term Accounts Receivable	-	-	17.8	-	-	-
Long-Term Deferred Tax Assets	24.08	25.12	29.78	17.82	7.32	3.87
Long-Term Deferred Charges	20.27	18.48	10.33	13.05	6.12	9.93
Other Long-Term Assets	20.2	16.78	1.25	2.53	3.31	0.59
Total Assets	1,144	1,239	1,220	1,309	1,182	1,212
Accounts Payable	37.65	40.62	38.22	35.81	21.79	18.93
Accrued Expenses	7.5	8.07	43.21	84.02	88.02	105.59
Short-Term Debt	-	50	1	-	-	-
Current Portion of Long-Term Debt	12.88	15.7	-	-	-	-
Current Portion of Leases	-	-	18.78	16.5	14.09	17.8
Current Income Taxes Payable	7.6	12.7	0.03	3.32	0	9.6
Current Unearned Revenue	42.33	40.44	43.43	36.38	29.29	35.3
Other Current Liabilities	14.48	14.64	16.41	24.36	16.6	22.73
Total Current Liabilities	122.45	182.17	161.07	200.39	169.78	209.95
Long-Term Leases	41.92	46.15	61.29	48.53	3.29	12.94
Long-Term Deferred Tax Liabilities	13.21	14.42	17.47	10.82	2.69	0.58
Total Liabilities	177.58	242.73	239.82	259.74	175.76	223.46
Common Stock	210.96	210.96	211.34	162.89	108	60
Additional Paid-In Capital	532.58	532.58	538.64	589.21	633.44	681.44
Retained Earnings	240.56	270.14	250.58	304.01	265.38	247.3
Treasury Stock	-17.34	-17.34	-19.23	-5.89	-	-
Comprehensive Income & Other	-0.12	-0.13	-0.03	-0.01	-	-
Total Common Equity	966.64	996.22	981.3	1,050	1,007	988.74
Minority Interest	-0.3	-0.23	-1.15	-0.67	-0.52	-
Shareholders' Equity	966.33	995.98	980.15	1,050	1,006	988.74
Total Liabilities & Equity	1,144	1,239	1,220	1,309	1,182	1,212
Total Debt	54.8	111.85	81.07	65.03	17.38	30.74
Net Cash (Debt)	535.72	573.27	592.01	676.71	809.63	1,008
Net Cash Growth	4.61%	-3.17%	-12.52%	-16.42%	-19.66%	214.48%
Net Cash Per Share	2.41	2.64	2.87	3.23	3.86	5.23
Filing Date Shares Outstanding	211.29	191.25	210.07	211.58	210.6	210.85
Total Common Shares Outstanding	211.29	191.25	210.07	211.58	210.6	210.85
Working Capital	697.6	732.8	740.44	843.78	825.3	950.21
Book Value Per Share	4.57	5.21	4.67	4.96	4.78	4.69
Tangible Book Value	928.49	957.14	941.73	1,024	983.86	987.13
Tangible Book Value Per Share	4.39	5.00	4.48	4.84	4.67	4.68
Buildings	-	-	5.71	6.27	1.66	1.66
Machinery	-	-	32.7	28.54	24.19	21.61

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