SHE:000929 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	137.71	79.26	120.05	214.48	326.81	613.16
Short-Term Investments	-	392.2	-	-	-	-
Trading Asset Securities	-	-	116.26	124.98	177.81	149.37
Cash & Short-Term Investments	137.71	471.46	236.31	339.47	504.63	762.52
Cash Growth	-40.00%	99.51%	-30.39%	-32.73%	-33.82%	1.11%
Accounts Receivable	43.86	26.54	1.39	1.91	8.99	13.75
Other Receivables	7.71	6.74	2.16	2.66	2.74	3.54
Receivables	51.58	33.28	3.55	4.56	25.24	80.5
Inventory	211.13	219.64	108.67	116.89	127.84	164.96
Other Current Assets	261.05	14.43	4.49	320.14	4.82	9.72
Total Current Assets	661.48	738.81	353.03	781.06	662.53	1,018
Property, Plant & Equipment	162.25	166.42	105.48	142.3	174.57	187.89
Long-Term Investments	13.12	12.84	464.46	112.77	315.78	13.88
Other Intangible Assets	49	49.92	39.4	43.84	47.57	49.7
Long-Term Deferred Tax Assets	0.49	0.51	-	37.42	35.54	30
Long-Term Deferred Charges	1.21	1.35	-	-	-	-
Other Long-Term Assets	0.87	0.87	0.55	0.01	0.66	1.34
Total Assets	888.41	970.71	962.92	1,117	1,237	1,301
Accounts Payable	166.96	227.37	54.59	56.3	45.61	49.57
Accrued Expenses	8.25	15.53	11.54	11.6	18.88	11.11
Short-Term Debt	47.98	44.76	9.04	3	21.03	54.06
Current Portion of Leases	-	0.75	-	-	-	-
Current Income Taxes Payable	2.14	0.03	-	-	4.76	-
Current Unearned Revenue	23.65	23.82	19.87	27.89	23.1	17.12
Other Current Liabilities	64.95	52.54	56.96	58.58	97.03	100.61
Total Current Liabilities	314.67	364.78	152.01	157.37	210.4	232.47
Long-Term Leases	1.27	1.3	-	-	-	-
Long-Term Unearned Revenue	3.7	3.76	3.76	4.32	4.88	3.97
Long-Term Deferred Tax Liabilities	1.92	1.96	-	-	-	-
Total Liabilities	321.56	371.8	155.77	161.69	215.29	236.44
Common Stock	185.77	185.77	185.77	185.77	185.77	185.77
Additional Paid-In Capital	184.41	184.41	184.41	184.41	192.66	192.66
Retained Earnings	8.61	25.28	116.22	216.09	262.81	292.06
Treasury Stock	-30	-30	-	-	-	-
Total Common Equity	348.78	365.46	486.4	586.27	641.24	670.49
Minority Interest	218.07	233.45	320.75	369.45	380.13	393.58
Shareholders' Equity	566.85	598.91	807.15	955.72	1,021	1,064
Total Liabilities & Equity	888.41	970.71	962.92	1,117	1,237	1,301
Total Debt	49.99	46.8	9.04	3	21.03	54.06
Net Cash (Debt)	87.72	424.66	227.27	336.47	483.6	708.46
Net Cash Growth	-60.39%	86.85%	-32.45%	-30.42%	-31.74%	8.30%
Net Cash Per Share	0.48	2.30	1.22	1.81	2.60	3.81
Filing Date Shares Outstanding	182.04	182	185.77	185.77	185.77	185.77
Total Common Shares Outstanding	182.04	182	185.77	185.77	185.77	185.77
Working Capital	346.81	374.03	201.02	623.69	452.13	785.24
Book Value Per Share	1.92	2.01	2.62	3.16	3.45	3.61
Tangible Book Value	299.78	315.54	447	542.43	593.67	620.79
Tangible Book Value Per Share	1.65	1.73	2.41	2.92	3.20	3.34
Buildings	-	-	213	241.28	247.36	247.36
Machinery	-	-	378.75	387.76	403.22	401.37
Construction In Progress	-	-	0.55	0.36	-	1.78

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