SHE:003017 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	Dec '21 Dec 31, 2021
Cash & Equivalents	452.76	441.28	353.99	382.37	131.11	131.88
Trading Asset Securities	8.8	18.76	40.45	-	296.48	279.77
Cash & Short-Term Investments	461.56	460.04	394.44	382.37	427.59	411.65
Cash Growth	23.69%	16.63%	3.16%	-10.58%	3.87%	-6.33%
Accounts Receivable	182.12	163.66	127.05	103.94	138.96	134.24
Other Receivables	1.71	1.45	5.77	6.59	9.45	18.65
Receivables	183.83	165.11	132.82	110.54	148.41	152.89
Inventory	112.38	107.66	119.78	152.23	126.87	161.61
Prepaid Expenses	-	-	0.31	0.32	0.35	0.25
Other Current Assets	40.07	38.51	43.2	16.18	24.94	16.3
Total Current Assets	797.84	771.31	690.55	661.63	728.16	742.7
Property, Plant & Equipment	830.14	800.78	681.46	671.49	616.17	528.02
Long-Term Investments	101.19	100.85	121.39	54.84	2.5	2.52
Other Intangible Assets	96.08	86.17	91.06	93.35	95.36	56.73
Long-Term Deferred Tax Assets	22.72	27.35	32.31	44.17	45.46	5.54
Long-Term Deferred Charges	1.82	1.89	2.1	-	0.05	0.1
Other Long-Term Assets	29.14	30.1	34.67	21.18	20.36	38.73
Total Assets	1,879	1,818	1,654	1,547	1,508	1,374
Accounts Payable	223.51	225.39	158.91	189.42	125.77	149.16
Accrued Expenses	12.68	21.85	22.38	21.58	28.75	11.35
Short-Term Debt	377.83	345.25	358.06	180.43	252.11	139.07
Current Portion of Long-Term Debt	-	-	9.51	-	30.03	-
Current Portion of Leases	-	-	-	0.87	-	-
Current Income Taxes Payable	7.63	17.06	0	0.07	-	0.15
Current Unearned Revenue	9.73	5.06	3.69	5.78	8.03	7.91
Other Current Liabilities	19.85	17.97	15.16	32.1	33.54	9.53
Total Current Liabilities	651.23	632.58	567.7	430.26	478.24	317.16
Long-Term Debt	27.52	20.01	-	69.06	-	39.8
Long-Term Leases	1.64	1.64	-	-	-	0.87
Long-Term Unearned Revenue	7.18	7.51	9.01	11.35	11.96	9.6
Long-Term Deferred Tax Liabilities	19.17	19.98	23.69	27.79	32.81	16.21
Total Liabilities	706.73	681.72	600.4	538.47	523.01	383.64
Common Stock	84	84	84	84	60	60
Additional Paid-In Capital	548.94	545.79	528.23	519.47	537.19	563.99
Retained Earnings	536.39	504.96	455.2	428.13	413.12	366.71
Treasury Stock	-6.13	-6.13	-17.93	-25.42	-25.42	-
Comprehensive Income & Other	3.86	3.03	2.66	2.02	0.16	0.01
Total Common Equity	1,167	1,132	1,052	1,008	985.05	990.71
Minority Interest	5.13	5.1	0.99	-	-	-
Shareholders' Equity	1,172	1,137	1,053	1,008	985.05	990.71
Total Liabilities & Equity	1,879	1,818	1,654	1,547	1,508	1,374
Total Debt	406.99	366.9	367.56	250.37	282.14	179.74
Net Cash (Debt)	54.58	93.14	26.87	132	145.45	231.91
Net Cash Growth	10.15%	246.57%	-79.64%	-9.25%	-37.28%	-40.47%
Net Cash Per Share	0.66	1.13	0.33	1.63	1.78	2.76
Filing Date Shares Outstanding	81.24	82	83.01	81.75	80.08	84
Total Common Shares Outstanding	81.24	82	83.23	81.2	80.08	84
Working Capital	146.61	138.74	122.85	231.38	249.92	425.53
Book Value Per Share	14.37	13.80	12.64	12.42	12.30	11.79
Tangible Book Value	1,071	1,045	961.1	914.85	889.69	933.98
Tangible Book Value Per Share	13.18	12.75	11.55	11.27	11.11	11.12
Buildings	-	-	338.1	271.87	270.86	218.74
Machinery	-	-	574.75	544.06	569.59	451.65
Construction In Progress	-	-	155.15	180.84	52.15	84.75

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