SHE:301038 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	317.11	501.16	604.67	473.11	592.92	555.28
Trading Asset Securities	220.63	120.08	-	-	-	-
Cash & Short-Term Investments	537.74	621.24	604.67	473.11	592.92	555.28
Cash Growth	22.85%	2.74%	27.81%	-20.21%	6.78%	38.55%
Accounts Receivable	885.45	938.95	917.88	915.21	897.5	840.81
Other Receivables	19.84	13.18	9.37	9.81	7.54	8.08
Receivables	905.3	952.13	927.25	925.02	905.62	850.02
Inventory	0.94	-	-	21.65	-	38.5
Prepaid Expenses	-	-	0	0.07	-	-
Other Current Assets	49.22	38.01	9.66	12.41	14.36	25.68
Total Current Assets	1,493	1,611	1,542	1,432	1,513	1,469
Property, Plant & Equipment	220.54	224.12	235.21	220.95	153.11	159.76
Long-Term Investments	34.72	34.52	33.58	32.53	27.58	20.36
Other Intangible Assets	60.15	61.71	67.78	66.13	65.62	69.29
Long-Term Deferred Tax Assets	98.73	91.12	84.51	78.81	59.94	30.41
Long-Term Deferred Charges	5.09	6.05	9.29	10.33	10.9	37
Other Long-Term Assets	0.3	0.37	0.95	-	-	-
Total Assets	1,913	2,029	1,973	1,841	1,830	1,786
Accounts Payable	562.12	643.88	627.84	556.29	456.3	348.49
Accrued Expenses	79.86	111.55	205.57	183.31	177.79	167.76
Short-Term Debt	10	10	6	6.89	13.01	3.28
Current Portion of Long-Term Debt	1.92	2.06	-	-	-	-
Current Portion of Leases	-	-	2.88	5.46	12.56	15.4
Current Income Taxes Payable	75.41	86.13	2.63	5.08	11.47	13.85
Current Unearned Revenue	149.76	130.06	176.2	201.13	168.59	218.54
Other Current Liabilities	135.47	113.19	53.42	30.56	107.7	54.72
Total Current Liabilities	1,015	1,097	1,075	988.71	947.42	822.05
Long-Term Leases	0.46	0.94	0.92	6.21	8.15	16.15
Long-Term Unearned Revenue	1.16	0.45	0.15	0.51	0.94	0.3
Long-Term Deferred Tax Liabilities	0.44	0.45	0.58	1.71	3.05	-
Other Long-Term Liabilities	-	-	-	-	-	5.5
Total Liabilities	1,017	1,099	1,076	997.14	959.56	843.99
Common Stock	223.08	223.08	171.6	171.6	171.6	132
Additional Paid-In Capital	386.07	386.07	437.55	437.55	437.55	477.15
Retained Earnings	286.97	321.45	284.52	231.69	261.35	333.17
Total Common Equity	896.12	930.59	893.67	840.84	870.5	942.31
Minority Interest	-	-	3.04	3.04	-0	-
Shareholders' Equity	896.12	930.59	896.71	843.87	870.5	942.31
Total Liabilities & Equity	1,913	2,029	1,973	1,841	1,830	1,786
Total Debt	12.38	12.99	9.8	18.56	33.72	34.83
Net Cash (Debt)	525.36	608.25	594.87	454.55	559.2	520.45
Net Cash Growth	22.48%	2.25%	30.87%	-18.71%	7.45%	29.86%
Net Cash Per Share	2.35	2.73	2.67	2.04	2.51	2.73
Filing Date Shares Outstanding	223.12	223.35	223.08	223.08	223.08	223.08
Total Common Shares Outstanding	223.12	223.35	223.08	223.08	223.08	223.08
Working Capital	478.66	514.53	467.04	443.55	565.48	647.43
Book Value Per Share	4.02	4.17	4.01	3.77	3.90	4.22
Tangible Book Value	835.97	868.88	825.89	774.71	804.88	873.02
Tangible Book Value Per Share	3.75	3.89	3.70	3.47	3.61	3.91
Buildings	-	-	227.89	192.99	10.7	10.7
Machinery	-	-	202.28	222.95	220.64	211.86
Construction In Progress	-	-	-	2.19	87.81	45.39

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