SHE:002715 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	50.82	56.98	39.3	65.26	42.44	83.18
Trading Asset Securities	-	-	-	-	-	0.13
Cash & Short-Term Investments	50.82	56.98	39.3	65.26	42.44	83.31
Cash Growth	-22.56%	44.99%	-39.79%	53.79%	-49.06%	29.02%
Accounts Receivable	175.53	167.43	173.45	164.78	154.91	145.55
Other Receivables	2.28	2.83	5.67	1.38	1.62	1.52
Receivables	177.82	170.26	179.12	166.16	156.53	147.07
Inventory	177.02	176.56	194.74	207.3	240.52	205.56
Other Current Assets	11.22	7.46	4.06	6.19	4.35	5.07
Total Current Assets	416.87	411.26	417.21	444.91	443.84	441.01
Property, Plant & Equipment	303.49	294.89	402.15	379.07	344.47	353.92
Long-Term Investments	44.22	44.72	-	-	-	3.24
Other Intangible Assets	29.93	29.91	180.79	187.73	194.14	195.66
Long-Term Deferred Tax Assets	5.06	5.16	6.96	6.42	4.25	3.02
Long-Term Deferred Charges	1.55	1.64	3.71	3.15	4.5	0.8
Other Long-Term Assets	37.41	39.05	16.07	6.5	9.63	17.15
Total Assets	838.54	826.62	1,027	1,028	1,001	1,015
Accounts Payable	66.68	80.94	89.46	88	99.04	78.67
Accrued Expenses	1.31	5.63	10.37	7.9	12.67	4.57
Short-Term Debt	116.55	126.4	194.3	183.49	160.44	182.84
Current Portion of Long-Term Debt	25.47	23.53	71.32	16.07	15.07	-
Current Portion of Leases	-	2.32	0.93	0.89	0.85	0.76
Current Income Taxes Payable	4.54	3.54	1.69	4.58	8.72	6.05
Current Unearned Revenue	1.57	0.47	0.67	0.76	0.41	0.15
Other Current Liabilities	47.85	16.61	23.62	27.85	27.04	25.81
Total Current Liabilities	263.96	259.44	392.35	329.53	324.24	298.85
Long-Term Debt	95.19	96.9	13.91	80.29	87.36	-
Long-Term Leases	5.46	3.72	0.06	0.93	1.72	2.21
Long-Term Unearned Revenue	6.51	6.37	3.79	3.22	4.13	3.32
Long-Term Deferred Tax Liabilities	2.07	1.25	0.22	0.42	0.28	0.22
Other Long-Term Liabilities	-	-	138.73	199.28	193.21	195.85
Total Liabilities	373.18	367.67	549.07	613.68	610.94	500.46
Common Stock	138	138	138	138	138	138
Additional Paid-In Capital	277.89	277.89	277.89	221.02	219.58	213.61
Retained Earnings	43.75	37.13	57.27	52.14	28.36	160.37
Comprehensive Income & Other	5.72	5.93	4.65	2.95	3.96	2.34
Shareholders' Equity	465.36	458.95	477.81	414.11	389.9	514.33
Total Liabilities & Equity	838.54	826.62	1,027	1,028	1,001	1,015
Total Debt	242.66	252.87	280.52	281.67	265.45	185.81
Net Cash (Debt)	-191.84	-195.89	-241.22	-216.41	-223.01	-102.5
Net Cash Per Share	-1.40	-1.42	-1.75	-1.57	-1.62	-0.74
Filing Date Shares Outstanding	137.9	138	138	138	138	138
Total Common Shares Outstanding	137.9	138	138	138	138	138
Working Capital	152.92	151.82	24.86	115.38	119.61	142.15
Book Value Per Share	3.37	3.33	3.46	3.00	2.83	3.73
Tangible Book Value	435.43	429.04	297.02	226.38	195.75	318.66
Tangible Book Value Per Share	3.16	3.11	2.15	1.64	1.42	2.31
Buildings	-	231.43	322.8	313.13	253.39	239.62
Machinery	-	400.55	425.28	425.85	408.43	414.97
Construction In Progress	-	6.64	48.59	31.44	50.25	25.89

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