SHE:001296 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	193.84	157.91	173.2	421.59	255.27	645.44
Short-Term Investments	-	-	21.52	-	-	-
Trading Asset Securities	150.07	209.15	140.26	100.26	246.22	-
Cash & Short-Term Investments	343.91	367.06	334.97	521.85	501.49	645.44
Cash Growth	-13.30%	9.58%	-35.81%	4.06%	-22.30%	374.08%
Accounts Receivable	490.11	533.5	557.79	611.91	506.78	406.17
Other Receivables	19.88	20.19	10.97	7.92	7.62	8.39
Receivables	509.99	553.69	568.75	619.83	514.4	414.56
Inventory	232.25	219.49	211	194.87	179.85	176.25
Other Current Assets	173.99	198.11	16.97	15.77	35.25	23.16
Total Current Assets	1,260	1,338	1,132	1,352	1,231	1,259
Property, Plant & Equipment	594.06	595.87	529.91	512.95	531.95	455.18
Long-Term Investments	21.55	17.65	180.45	-	-	-
Other Intangible Assets	267.55	268.81	212.56	137.47	62.26	62.71
Long-Term Deferred Tax Assets	23.24	23.51	20.53	19.95	38.65	13.91
Long-Term Deferred Charges	3.79	2.34	1.23	0.91	1.07	0.64
Other Long-Term Assets	42.39	30.53	22.47	24.78	25.48	31.78
Total Assets	2,213	2,277	2,099	2,048	1,890	1,824
Accounts Payable	133.78	194.34	154.02	139.22	147.32	118.66
Accrued Expenses	12.79	16.58	21.31	24.97	26.91	21.37
Short-Term Debt	3.91	32.26	3.43	69.01	3.93	10.52
Current Portion of Long-Term Debt	7.41	9.13	39.45	0.5	-	4
Current Portion of Leases	-	-	2.29	0.99	1.13	3.27
Current Income Taxes Payable	12.35	17.27	6.39	8.97	7.16	2.82
Current Unearned Revenue	3.71	3.48	3.68	2.78	11.14	1.83
Other Current Liabilities	4.86	5.58	36.83	5.94	43.92	60.66
Total Current Liabilities	178.81	278.65	267.4	252.38	241.5	223.13
Long-Term Debt	114.84	114.84	75.2	36.25	-	16.5
Long-Term Leases	23.13	22.98	20.54	19.07	19.96	12.2
Long-Term Unearned Revenue	32.47	33.27	32.79	36.47	33.31	30.26
Long-Term Deferred Tax Liabilities	1.68	1.82	0.74	0.98	17.58	5.13
Other Long-Term Liabilities	13.91	13.85	-	0.04	1.4	1.4
Total Liabilities	364.84	465.4	396.67	345.18	313.76	288.61
Common Stock	149.59	149.59	149.59	106.86	106.86	82.2
Additional Paid-In Capital	523.01	515.1	519.82	562.55	562.55	587.21
Retained Earnings	1,162	1,140	1,075	1,025	900.25	861.21
Treasury Stock	-19	-19	-52.43	-	-	-
Comprehensive Income & Other	1.54	1.12	0.64	0.15	0.08	0.07
Total Common Equity	1,817	1,786	1,692	1,695	1,570	1,531
Minority Interest	31.26	25.18	9.91	8.26	6.9	4.33
Shareholders' Equity	1,848	1,812	1,702	1,703	1,577	1,535
Total Liabilities & Equity	2,213	2,277	2,099	2,048	1,890	1,824
Total Debt	149.28	179.21	140.91	125.81	25.02	46.49
Net Cash (Debt)	194.63	187.85	194.06	396.04	476.47	598.96
Net Cash Growth	-3.70%	-3.20%	-51.00%	-16.88%	-20.45%	428.90%
Net Cash Per Share	1.33	1.28	1.30	2.65	3.17	5.34
Filing Date Shares Outstanding	145.57	144.2	146.2	149.6	149.6	149.6
Total Common Shares Outstanding	145.57	144.2	146.2	149.6	149.6	149.6
Working Capital	1,081	1,060	864.29	1,100	989.49	1,036
Book Value Per Share	12.48	12.39	11.57	11.33	10.49	10.23
Tangible Book Value	1,549	1,518	1,480	1,557	1,507	1,468
Tangible Book Value Per Share	10.64	10.52	10.12	10.41	10.08	9.81
Buildings	-	-	341.58	339.04	330.65	288.25
Machinery	-	-	457.94	416.12	389.27	315.02
Construction In Progress	34.11	21.49	25.78	9.42	20.47	30.15

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