SHE:000590 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	104.24	177.71	177.29	189.77	235.42	250.68
Trading Asset Securities	43	-	-	-	25.11	75.15
Cash & Short-Term Investments	147.24	177.71	177.29	189.77	260.53	325.83
Cash Growth	1.58%	0.24%	-6.58%	-27.16%	-20.04%	-4.99%
Accounts Receivable	67.76	68.94	103.15	154.4	117.16	124.81
Other Receivables	16.26	16.14	90.28	60.51	30.11	6
Receivables	84.02	85.08	193.43	214.91	147.27	130.82
Inventory	123.64	109.57	124.78	130.09	118.22	86.59
Prepaid Expenses	-	0.52	2.32	-	0.03	0
Other Current Assets	10.62	5.98	2.17	4.79	3.06	10.65
Total Current Assets	365.53	378.87	499.99	539.55	529.11	553.88
Property, Plant & Equipment	310.12	308.31	312.66	293.81	289.75	240.89
Long-Term Investments	2.95	23.02	20.03	20.9	19	19
Goodwill	-	-	13.2	131.64	137.14	-
Other Intangible Assets	122.38	123.45	131.06	132.33	157.44	133.69
Long-Term Accounts Receivable	-	2.03	3.09	5.05	7.42	-
Long-Term Deferred Tax Assets	15.22	14.9	8.18	4.09	5.23	4.97
Long-Term Deferred Charges	6.43	7.4	6.29	3.32	2.93	1.82
Other Long-Term Assets	52.93	31.49	18.92	20.42	19	13.57
Total Assets	875.56	889.47	1,013	1,151	1,167	967.83
Accounts Payable	87.66	64.07	73.24	83.55	64.01	41.67
Accrued Expenses	23.19	38.97	43.88	46.62	50.8	40.37
Short-Term Debt	-	-	0.75	-	25.82	-
Current Portion of Long-Term Debt	-	20.06	11.01	10	10.1	-
Current Portion of Leases	-	1.1	2.94	2.36	2.69	3
Current Income Taxes Payable	-	0.03	6.8	2.3	3.4	3.85
Current Unearned Revenue	26.05	36.15	45.33	50.12	56.13	53.42
Other Current Liabilities	58.03	40.95	52.31	53.82	58.45	44.68
Total Current Liabilities	194.93	201.33	236.26	248.77	271.42	186.98
Long-Term Debt	50	50	82.22	80	90	-
Long-Term Leases	1.16	0.81	1.49	3.07	5.18	5.59
Long-Term Unearned Revenue	44.38	44.98	43.99	42.44	44.37	46.29
Long-Term Deferred Tax Liabilities	5.67	5.81	5.15	5.91	7.47	0.02
Other Long-Term Liabilities	37.02	37.05	43.07	42.72	46.09	46.62
Total Liabilities	333.17	339.98	412.18	422.92	464.53	285.5
Common Stock	239.47	239.47	239.47	239.47	239.47	239.47
Additional Paid-In Capital	473.95	473.95	474.06	474.06	474.06	474.06
Retained Earnings	-172.62	-165.81	-115.29	10.18	-15.06	-33.21
Total Common Equity	540.8	547.61	598.25	723.72	698.47	680.32
Minority Interest	1.59	1.87	2.99	4.49	4.03	2
Shareholders' Equity	542.38	549.49	601.23	728.2	702.5	682.32
Total Liabilities & Equity	875.56	889.47	1,013	1,151	1,167	967.83
Total Debt	51.16	71.97	98.42	95.43	133.79	8.58
Net Cash (Debt)	96.08	105.74	78.87	94.34	126.74	317.24
Net Cash Growth	565.22%	34.07%	-16.40%	-25.56%	-60.05%	-6.13%
Net Cash Per Share	0.40	0.44	0.33	0.39	0.53	1.32
Filing Date Shares Outstanding	239.07	239.47	239.47	239.47	239.47	239.47
Total Common Shares Outstanding	239.07	239.47	239.47	239.47	239.47	239.47
Working Capital	170.59	177.54	263.73	290.78	257.69	366.9
Book Value Per Share	2.26	2.29	2.50	3.02	2.92	2.84
Tangible Book Value	418.42	424.17	453.98	459.75	403.89	546.63
Tangible Book Value Per Share	1.75	1.77	1.90	1.92	1.69	2.28
Buildings	-	253.52	267.95	247.28	243.93	198.81
Machinery	-	228.54	220.21	197.31	189.09	174.95
Construction In Progress	-	23.09	8.81	23.83	15.21	4.18

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