SHE:000955 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	69.7	269.86	218.2	139.43	98.6	81.97
Short-Term Investments	-	-	-	-	-	48.2
Trading Asset Securities	218.82	-	-	114.61	187.39	140.25
Cash & Short-Term Investments	288.53	269.86	218.2	254.04	285.99	270.43
Cash Growth	33.64%	23.68%	-14.11%	-11.17%	5.75%	-30.91%
Accounts Receivable	73.25	86.3	78.97	79.21	100.77	124.62
Other Receivables	3.6	7.49	13.83	8.44	17.57	30.71
Receivables	76.84	93.79	92.8	87.65	118.34	155.33
Inventory	78.85	62.37	72.33	80.7	109.07	115.77
Prepaid Expenses	-	-	-	-	-	0.21
Other Current Assets	36.76	57.72	42.1	43.82	40	44.91
Total Current Assets	480.99	483.74	425.43	466.21	553.4	586.65
Property, Plant & Equipment	237.34	242.95	265.37	287.78	320.23	397.45
Long-Term Investments	76.09	57.66	57.16	90.36	98.22	99.73
Other Intangible Assets	74.47	75.14	77.92	80.76	83.62	86.19
Long-Term Deferred Charges	2.81	3.17	3.93	3.94	1.98	0.99
Other Long-Term Assets	0.34	18.56	21.5	0.67	0.45	47.18
Total Assets	872.04	881.21	851.31	929.72	1,058	1,218
Accounts Payable	24.94	19.24	25.22	38.02	27.56	33.3
Accrued Expenses	4.37	7.17	7.02	6.99	9.32	8.84
Short-Term Debt	20	20.03	20.03	26.04	76.49	49.47
Current Portion of Long-Term Debt	52.02	52.14	14.07	39.13	102.19	39.06
Current Income Taxes Payable	2.12	0.01	0.06	0.51	0.52	0.18
Current Unearned Revenue	3.64	2.46	6.28	6.58	15.1	21.89
Other Current Liabilities	7.04	17.81	10.93	9.71	12.91	19.41
Total Current Liabilities	114.14	118.85	83.62	126.99	244.09	172.15
Long-Term Debt	47.08	50.18	38.7	52.7	25	126.2
Long-Term Unearned Revenue	6.13	6.6	8.62	10.64	12.83	15.63
Long-Term Deferred Tax Liabilities	0.38	0.4	0.49	0.62	1.39	1.55
Total Liabilities	167.72	176.04	131.44	190.94	283.3	315.52
Common Stock	538.4	538.4	538.4	538.4	538.4	538.4
Additional Paid-In Capital	489.68	489.68	489.68	489.68	489.99	489.99
Retained Earnings	-380.03	-379.27	-379.98	-363.37	-334.94	-214.5
Total Common Equity	648.05	648.81	648.09	664.7	693.44	813.88
Minority Interest	56.27	56.37	71.78	74.07	81.15	88.78
Shareholders' Equity	704.32	705.18	719.87	738.77	774.6	902.67
Total Liabilities & Equity	872.04	881.21	851.31	929.72	1,058	1,218
Total Debt	119.1	122.34	72.79	117.87	203.68	214.73
Net Cash (Debt)	169.43	147.52	145.41	136.17	82.31	55.7
Net Cash Growth	51.00%	1.45%	6.78%	65.44%	47.77%	0.27%
Net Cash Per Share	0.31	0.27	0.27	0.25	0.15	0.10
Filing Date Shares Outstanding	543.15	538.4	538.4	538.4	538.4	538.4
Total Common Shares Outstanding	543.15	538.4	538.4	538.4	538.4	538.4
Working Capital	366.85	364.88	341.81	339.22	309.32	414.5
Book Value Per Share	1.19	1.21	1.20	1.23	1.29	1.51
Tangible Book Value	573.58	573.67	570.17	583.95	609.82	727.69
Tangible Book Value Per Share	1.06	1.07	1.06	1.08	1.13	1.35
Buildings	-	295.33	295.33	295.07	302.84	267.68
Machinery	-	466.16	470.42	470.74	470.8	548.12
Construction In Progress	-	-	0	0	1.2	4.38

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