SHE:003015 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	180.01	187.47	164.2	178.78	150.24	266.76
Short-Term Investments	-	20.01	-	-	-	-
Cash & Short-Term Investments	200.05	207.48	164.2	178.78	150.24	266.76
Cash Growth	2.75%	26.36%	-8.16%	19.00%	-43.68%	-47.38%
Accounts Receivable	159.49	186.58	158.03	153.44	194.2	246.46
Other Receivables	0.43	0.42	0.47	4.37	0.3	0.74
Receivables	159.92	186.99	158.5	157.81	194.5	247.21
Inventory	159.46	135.08	135.69	130.44	146.17	137.31
Other Current Assets	13.33	15.57	4.49	2.42	8.72	26.58
Total Current Assets	532.77	545.12	462.87	469.44	499.63	677.85
Property, Plant & Equipment	559.59	568.57	609.35	691.05	767.33	573.29
Other Intangible Assets	48.1	48.15	35.04	35.96	36.38	37.31
Long-Term Deferred Tax Assets	20.19	20.62	3.54	6.04	4.5	4.53
Long-Term Deferred Charges	0	0.01	0.12	0.23	0.2	-
Other Long-Term Assets	155.51	128.11	0.11	0.44	0.64	49.57
Total Assets	1,316	1,311	1,111	1,203	1,309	1,343
Accounts Payable	48.05	60.26	41.95	65.63	96.98	50.28
Accrued Expenses	7.01	25.77	19.85	14.4	9.64	10.46
Short-Term Debt	45.03	35.03	39.92	89.77	54.59	66.79
Current Portion of Long-Term Debt	0.29	-	-	16.02	41.07	20.07
Current Portion of Leases	-	0.47	1.16	1.06	0.71	1.18
Current Income Taxes Payable	11.44	4.43	-	0.42	1.16	1.68
Current Unearned Revenue	3.08	1.47	2.34	1.51	0.16	1.01
Other Current Liabilities	9.08	15.63	19.6	14.68	19.42	21.73
Total Current Liabilities	123.98	143.06	124.81	203.49	223.72	173.21
Long-Term Debt	-	-	-	-	16	37
Long-Term Leases	-	-	0.63	1.79	-	0.63
Long-Term Unearned Revenue	34.05	34.81	14.13	17.16	17.36	13.07
Total Liabilities	158.03	177.87	139.57	222.44	257.08	223.91
Common Stock	281.07	281.07	281.07	281.07	281.07	281.07
Additional Paid-In Capital	552.84	537.79	527.22	527.22	527.22	527.22
Retained Earnings	374.28	363.92	314.62	273.82	344.7	359.3
Treasury Stock	-50.05	-50.05	-151.45	-101.39	-101.39	-48.94
Shareholders' Equity	1,158	1,133	971.46	980.71	1,052	1,119
Total Liabilities & Equity	1,316	1,311	1,111	1,203	1,309	1,343
Total Debt	45.31	35.5	41.71	108.64	112.37	125.67
Net Cash (Debt)	154.74	171.98	122.49	70.14	37.87	141.09
Net Cash Growth	0.96%	40.40%	74.63%	85.22%	-73.16%	-57.76%
Net Cash Per Share	0.56	0.63	0.45	0.25	0.14	0.50
Filing Date Shares Outstanding	259.06	276.24	266.69	271.52	271.52	281.07
Total Common Shares Outstanding	259.06	276.24	266.69	271.52	271.52	281.07
Working Capital	408.79	402.06	338.06	265.95	275.9	504.64
Book Value Per Share	4.47	4.10	3.64	3.61	3.87	3.98
Tangible Book Value	1,110	1,085	936.42	944.75	1,015	1,081
Tangible Book Value Per Share	4.28	3.93	3.51	3.48	3.74	3.85
Buildings	-	280.23	280.23	280.23	280	166.53
Machinery	-	823.5	820.73	811.88	800.81	507.39
Construction In Progress	-	38.31	2.41	7.36	7.49	154.87

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