SHE:301148 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	40.01	148.43	88.87	267.26	287.23	144.32
Trading Asset Securities	830.6	728.42	835.9	721.98	734.35	7.89
Cash & Short-Term Investments	870.61	876.85	924.77	989.24	1,022	152.2
Cash Growth	-4.53%	-5.18%	-6.52%	-3.17%	571.19%	9.79%
Accounts Receivable	621.83	631.31	650.71	594.21	565.3	375.13
Other Receivables	7.05	8.27	6.62	8.21	9.03	5.91
Receivables	628.89	639.57	657.33	602.42	574.34	381.03
Inventory	193.89	182.49	178.51	212.79	221.93	223.69
Other Current Assets	31.18	27.56	27	30.87	34.27	29.25
Total Current Assets	1,725	1,726	1,788	1,835	1,852	786.17
Property, Plant & Equipment	391.65	398.71	359.28	266.67	260.67	246.66
Long-Term Investments	23.14	26.85	12.31	7.57	3.82	4.57
Other Intangible Assets	29.4	29.83	31.12	32.62	23.52	8.62
Long-Term Accounts Receivable	-	5.97	6.12	1.72	8.99	4.38
Long-Term Deferred Tax Assets	29.81	29.73	22.62	16.35	11.15	9.53
Long-Term Deferred Charges	2.18	12.17	15.74	25.78	45.9	35.35
Other Long-Term Assets	19.12	1.62	0.15	7.39	1.03	0.76
Total Assets	2,220	2,231	2,235	2,193	2,207	1,096
Accounts Payable	156.51	159.8	148.44	149.3	182.58	147.25
Accrued Expenses	25.92	38.5	33.24	35.49	32.94	42.86
Short-Term Debt	-	8.02	24.73	15.1	36.03	19.62
Current Portion of Long-Term Debt	-	25.14	32.25	15.7	15.06	14.05
Current Portion of Leases	-	1.66	1.5	1.2	1.09	1.09
Current Income Taxes Payable	-	3.48	3.53	4.38	0.51	9.42
Current Unearned Revenue	83.36	64.65	73.03	97.27	92.71	90.96
Other Current Liabilities	38.07	16.6	16.45	8.65	33.78	17.63
Total Current Liabilities	303.86	317.86	333.17	327.09	394.68	342.87
Long-Term Debt	122.15	121.18	124.57	91.15	58.11	49.52
Long-Term Leases	-	-	0.39	1.47	0.72	0.7
Long-Term Unearned Revenue	21.31	21.56	18.52	15.58	16.09	16.49
Long-Term Deferred Tax Liabilities	0.06	0.06	0.05	0.07	0.5	0.1
Other Long-Term Liabilities	8.49	8.83	7.85	5.73	4.69	3.89
Total Liabilities	455.88	469.49	484.54	441.09	474.8	413.58
Common Stock	116.5	116.5	116.5	116.5	116.5	87.37
Additional Paid-In Capital	1,023	1,023	1,028	1,024	1,016	43.52
Retained Earnings	622.77	620.85	614.85	610.05	597.42	551.4
Treasury Stock	-2.16	-2.16	-10.34	-	-	-
Comprehensive Income & Other	1.4	1.22	0.38	0.11	-0.16	-0.63
Total Common Equity	1,761	1,759	1,750	1,750	1,730	681.65
Minority Interest	2.6	2.6	0.57	1.93	2.19	0.82
Shareholders' Equity	1,764	1,762	1,750	1,752	1,732	682.48
Total Liabilities & Equity	2,220	2,231	2,235	2,193	2,207	1,096
Total Debt	122.15	156	183.44	124.62	111.01	84.99
Net Cash (Debt)	748.46	720.85	741.33	864.62	910.58	67.22
Net Cash Growth	2.26%	-2.76%	-14.26%	-5.05%	1254.70%	-1.57%
Net Cash Per Share	6.44	6.20	6.35	7.44	8.54	0.77
Filing Date Shares Outstanding	116.38	116.5	115.87	116.49	116.5	116.5
Total Common Shares Outstanding	116.38	116.5	115.87	116.5	116.5	87.37
Working Capital	1,421	1,409	1,454	1,508	1,457	443.3
Book Value Per Share	15.13	15.10	15.10	15.03	14.85	7.80
Tangible Book Value	1,732	1,729	1,719	1,718	1,707	673.03
Tangible Book Value Per Share	14.88	14.85	14.83	14.75	14.65	7.70
Buildings	-	235.38	115.74	92.07	90.79	88.72
Machinery	-	299.69	265.07	298.21	49.89	244.9
Construction In Progress	-	75.94	196.48	80.89	3.71	1.51
Order Backlog	-	284.86	-	-	-	-

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