SHE:001373 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 2020
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 '20 Dec 31, 2020
Cash & Equivalents	226.6	363.61	253.07	254.55	182.59	96.11
Short-Term Investments	-	-	280.8	271.53	-	-
Trading Asset Securities	170.42	65.17	2	-	-	0.01
Cash & Short-Term Investments	397.02	428.78	535.87	526.08	182.59	96.12
Cash Growth	-17.47%	-19.98%	1.86%	188.12%	89.97%	143.64%
Accounts Receivable	274.41	260.26	240.19	313.13	247.71	367.39
Other Receivables	4.35	3.8	10.55	20.86	8.29	20.63
Receivables	278.76	264.06	250.74	333.99	255.99	388.02
Inventory	77.56	66.31	73.55	94.66	70.99	110.82
Prepaid Expenses	-	-	9.38	7.21	-	-
Other Current Assets	26.62	17.68	6.13	5.14	6.01	10.47
Total Current Assets	779.95	776.83	875.67	967.09	515.58	605.42
Property, Plant & Equipment	204.1	192.83	176.67	110.86	70.38	36.56
Other Intangible Assets	9.57	9.67	9.2	9.31	9.59	0.53
Long-Term Deferred Tax Assets	17.02	14.52	3.16	2.76	2.3	3.37
Long-Term Deferred Charges	4.82	5.13	6.61	5.22	7.43	10.22
Other Long-Term Assets	4.75	3.64	2.3	10.89	2.82	3.94
Total Assets	1,020	1,003	1,074	1,106	608.1	660.04
Accounts Payable	127.05	107.82	107.55	130.7	75.78	240.58
Accrued Expenses	5.85	7.94	6.92	6.8	8.39	13.13
Short-Term Debt	-	-	-	-	15.01	57.98
Current Portion of Long-Term Debt	5.76	3.74	-	-	-	-
Current Portion of Leases	-	-	7.88	3.74	7.57	-
Current Income Taxes Payable	0.86	1.24	1.06	0.78	0.76	11.86
Current Unearned Revenue	0.01	0.01	0.01	0.01	0.17	0.18
Other Current Liabilities	0.02	1	1.05	1.13	14.7	26.47
Total Current Liabilities	139.56	121.75	124.46	143.16	122.38	350.2
Long-Term Leases	13.34	4.31	10.4	11.74	15.03	-
Long-Term Unearned Revenue	2.33	2.37	2.62	2.69	0.45	0.58
Long-Term Deferred Tax Liabilities	-	0.02	0.29	2.32	3.2	1.77
Other Long-Term Liabilities	-	-	-	-	-	2.82
Total Liabilities	155.24	128.45	137.78	159.91	141.06	355.36
Common Stock	68.69	68.69	68.69	68.69	51.52	51.52
Additional Paid-In Capital	569.11	569.11	574.25	574.25	149.09	149.09
Retained Earnings	205.9	215.36	254.15	258.36	223.13	80.8
Total Common Equity	843.7	853.17	897.09	901.3	423.74	281.41
Minority Interest	21.27	21.01	38.74	44.91	43.31	23.28
Shareholders' Equity	864.97	874.18	935.83	946.21	467.04	304.68
Total Liabilities & Equity	1,020	1,003	1,074	1,106	608.1	660.04
Total Debt	19.11	8.05	18.28	15.47	37.6	57.98
Net Cash (Debt)	377.91	420.73	517.59	510.61	144.99	38.13
Net Cash Growth	-18.62%	-18.71%	1.37%	252.16%	280.21%	-3.33%
Net Cash Per Share	5.50	6.12	7.59	8.26	2.81	0.79
Filing Date Shares Outstanding	68.69	68.73	68.69	68.69	51.65	51.52
Total Common Shares Outstanding	68.69	68.73	68.69	68.69	51.65	51.52
Working Capital	640.39	655.08	751.2	823.92	393.2	255.23
Book Value Per Share	12.28	12.41	13.06	13.12	8.20	5.46
Tangible Book Value	834.13	843.49	887.88	891.99	414.15	280.88
Tangible Book Value Per Share	12.14	12.27	12.93	12.99	8.02	5.45
Machinery	-	-	66.43	65.8	50.72	47.83
Construction In Progress	-	-	121.69	60.99	6.66	-

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