SHE:003019 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	534.84	382.01	409.31	399.8	249.72	252.46
Short-Term Investments	-	336.01	116.23	182.33	122.84	173.05
Trading Asset Securities	121.51	61.2	146.55	196.14	331.77	326.16
Cash & Short-Term Investments	656.35	779.22	672.09	778.27	704.33	751.66
Cash Growth	-3.72%	15.94%	-13.64%	10.50%	-6.30%	32.53%
Accounts Receivable	496.97	515.92	364.88	339.64	367.97	389.69
Other Receivables	26.14	4.18	5.99	1.87	15.4	12.9
Receivables	523.11	520.1	370.87	341.5	383.37	402.59
Inventory	529.68	452.16	439.96	383.24	405.1	491.44
Prepaid Expenses	-	-	-	-	0.16	0.2
Other Current Assets	458.64	73.44	63.34	66.78	61.29	63.12
Total Current Assets	2,168	1,825	1,546	1,570	1,554	1,709
Property, Plant & Equipment	402.81	392.09	282.09	191.04	125.66	126.93
Long-Term Investments	14.64	447.4	541.75	448.79	121.87	10
Other Intangible Assets	81.44	39.29	38.41	6.25	4.21	4.45
Long-Term Deferred Tax Assets	68.79	71.67	68.61	52.86	37.62	24.99
Long-Term Deferred Charges	1.66	1.86	2.03	1.83	1.55	0.04
Other Long-Term Assets	232.58	7.6	0.35	7.64	5.58	0.02
Total Assets	2,970	2,785	2,480	2,278	1,851	1,875
Accounts Payable	328.15	294.99	232.8	227.12	130.92	169.05
Accrued Expenses	57.04	97.01	89.27	72.13	63.65	50.1
Short-Term Debt	358.99	315.76	252.51	130.68	72.51	294.2
Current Portion of Long-Term Debt	40.65	16.98	12.77	30.29	-	-
Current Portion of Leases	-	4.42	3.19	2.18	2.36	1.27
Current Income Taxes Payable	14.41	0.27	16.88	12.49	27.34	22.1
Current Unearned Revenue	26.02	28.35	32.57	26.24	4.3	4.81
Other Current Liabilities	68.58	55.23	58.97	79.42	7.37	5.66
Total Current Liabilities	893.85	812.99	698.95	580.54	308.45	547.18
Long-Term Debt	160.92	65.94	133.56	16.5	-	-
Long-Term Leases	90.8	90.21	5.55	6.68	3.37	4.71
Pension & Post-Retirement Benefits	-	2.77	3.22	3.37	3.86	4.13
Long-Term Deferred Tax Liabilities	-	-	-	-	0.63	0.37
Other Long-Term Liabilities	28.94	27.42	32.85	27.59	13.08	9.87
Total Liabilities	1,175	999.34	874.13	634.68	329.38	566.25
Common Stock	176.86	176.77	174.69	163.24	147.58	128
Additional Paid-In Capital	884.76	871.88	800.89	966.5	885.09	868.12
Retained Earnings	734.84	707.13	601.15	492.99	495.85	311.88
Treasury Stock	-45.25	-45.25	-50.67	-	-	-
Comprehensive Income & Other	-28.25	-2.86	1.16	-0.53	-7.17	1.19
Total Common Equity	1,723	1,708	1,527	1,622	1,521	1,309
Minority Interest	72.23	77.82	78.15	21.33	-	-
Shareholders' Equity	1,795	1,785	1,605	1,644	1,521	1,309
Total Liabilities & Equity	2,970	2,785	2,480	2,278	1,851	1,875
Total Debt	651.37	493.3	407.57	186.32	78.24	300.17
Net Cash (Debt)	4.98	285.92	264.52	591.94	626.09	451.49
Net Cash Growth	-97.79%	8.09%	-55.31%	-5.45%	38.67%	-10.75%
Net Cash Per Share	0.03	1.66	1.55	3.46	3.66	2.67
Filing Date Shares Outstanding	173.15	17.68	173.26	171.4	170.45	170.02
Total Common Shares Outstanding	173.15	17.68	173.26	171.4	170.45	170.02
Working Capital	1,274	1,012	847.31	989.24	1,246	1,162
Book Value Per Share	9.95	96.60	8.81	9.46	8.93	7.70
Tangible Book Value	1,642	1,668	1,489	1,616	1,517	1,305
Tangible Book Value Per Share	9.48	94.38	8.59	9.43	8.90	7.67
Buildings	-	193.31	163.69	85.71	85.71	86.52
Machinery	-	221.87	206.84	168.72	100.84	91.91
Construction In Progress	-	27.45	55.82	51.77	8.79	2.11

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