SHE:301262 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,113	1,745	1,051	1,213	403.02	307.78
Trading Asset Securities	960.64	1,600	2,049	1,810	1,389	1,177
Cash & Short-Term Investments	3,074	3,345	3,100	3,024	1,792	1,485
Cash Growth	-6.14%	7.90%	2.53%	68.76%	20.67%	15.13%
Accounts Receivable	980.33	814.5	922.1	647	596.06	485.92
Other Receivables	0.67	0.51	-0.03	0.85	3.87	-0.01
Receivables	981	815.01	922.07	647.85	599.93	485.91
Inventory	1.43	1.42	1.7	-	0.04	1.75
Prepaid Expenses	-	-	-	-	1.95	-
Other Current Assets	29.78	28.08	6.96	6.88	4.46	5.03
Total Current Assets	4,086	4,190	4,031	3,679	2,398	1,978
Property, Plant & Equipment	109.74	114.34	107.41	103.91	112.35	113.96
Long-Term Investments	18.06	18.5	17.98	17.51	17.34	8.29
Other Intangible Assets	18.92	19.58	22.5	25.34	27.95	30.96
Long-Term Deferred Tax Assets	6.94	6.44	9.69	4.77	4.51	4.26
Long-Term Deferred Charges	1.66	2.67	3.69	4.85	7.88	11.42
Other Long-Term Assets	21.81	22.06	20.65	21.54	22.58	23.77
Total Assets	4,263	4,373	4,213	3,856	2,591	2,170
Accounts Payable	393.46	347.08	375.42	293.09	282.22	290.47
Accrued Expenses	12.44	27.02	83.65	88.75	63.67	47.62
Current Income Taxes Payable	26.73	49.22	13.64	18.39	14.67	12.27
Current Unearned Revenue	15.83	7.99	9.74	16.13	14.63	15.73
Other Current Liabilities	3.25	220.45	3.67	5.24	3.51	3
Total Current Liabilities	451.7	651.75	486.12	421.6	378.71	369.08
Long-Term Unearned Revenue	0.95	1.03	2.19	4.33	7.65	10.7
Other Long-Term Liabilities	-	-	15	1.07	-	-
Total Liabilities	452.65	652.78	503.31	426.99	386.35	379.78
Common Stock	417	417	417	417	375.3	375.3
Additional Paid-In Capital	1,687	1,687	1,687	1,687	559.24	559.24
Retained Earnings	1,706	1,616	1,606	1,325	1,270	855.91
Total Common Equity	3,810	3,720	3,710	3,429	2,204	1,790
Shareholders' Equity	3,810	3,720	3,710	3,429	2,204	1,790
Total Liabilities & Equity	4,263	4,373	4,213	3,856	2,591	2,170
Net Cash (Debt)	3,074	3,345	3,100	3,024	1,792	1,485
Net Cash Growth	-6.14%	7.90%	2.53%	68.76%	20.67%	15.13%
Net Cash Per Share	7.45	8.06	7.44	7.67	4.76	3.95
Filing Date Shares Outstanding	408.79	416.67	417	417	375.3	375.3
Total Common Shares Outstanding	408.79	416.67	417	417	375.3	375.3
Working Capital	3,634	3,538	3,545	3,257	2,019	1,608
Book Value Per Share	9.32	8.93	8.90	8.22	5.87	4.77
Tangible Book Value	3,791	3,701	3,687	3,404	2,176	1,759
Tangible Book Value Per Share	9.27	8.88	8.84	8.16	5.80	4.69
Buildings	-	-	109.21	109.21	109.21	109.21
Machinery	-	-	140.19	122.05	117.31	105.28

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