SHE:003029 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	175.12	195.35	296.71	697.51	1,095	1,233
Short-Term Investments	-	-	-	5	-	-
Cash & Short-Term Investments	175.12	195.35	296.71	702.51	1,095	1,233
Cash Growth	-20.23%	-34.16%	-57.77%	-35.84%	-11.19%	6.08%
Accounts Receivable	215.13	240.42	246.73	222.24	294.27	370.78
Other Receivables	0.91	29.61	41.9	22.4	17.98	17.95
Receivables	216.04	270.03	288.64	244.64	312.26	388.73
Inventory	222.9	203.67	236.05	194.02	150.26	107.63
Prepaid Expenses	-	-	-	1.9	1.04	-
Other Current Assets	53.5	32.94	39.96	40.56	14.64	14.9
Total Current Assets	667.56	701.99	861.35	1,184	1,573	1,744
Property, Plant & Equipment	662.35	664.41	436.55	343.71	59.84	26.71
Long-Term Investments	195.92	196.38	198.03	200.34	25.49	24.95
Other Intangible Assets	65.82	75.06	64.56	49.41	28.66	28.24
Long-Term Accounts Receivable	-	2.69	3.27	6.12	4.99	-
Long-Term Deferred Tax Assets	67.33	66.7	58.29	38.98	13.07	11.12
Long-Term Deferred Charges	13.13	3.73	4.92	5.77	2.39	4.06
Other Long-Term Assets	11.76	7.98	44.22	43.33	124.56	48.1
Total Assets	1,684	1,719	1,671	1,871	1,832	1,887
Accounts Payable	271.02	320.7	220.01	162.39	166.99	173.76
Accrued Expenses	23.62	28.47	31.32	34.58	42.58	53.22
Current Portion of Long-Term Debt	4.76	-	-	-	-	-
Current Portion of Leases	-	5.12	8.13	12.39	9.67	11.21
Current Income Taxes Payable	2.7	1.09	1.1	0.5	1.86	13.3
Current Unearned Revenue	168.36	129.05	145.3	183.91	128.64	134.1
Other Current Liabilities	78.86	87.38	17.87	218.59	61.48	83.57
Total Current Liabilities	549.31	571.8	423.72	612.37	411.21	469.15
Long-Term Leases	13.13	14.13	18.18	25.04	27.06	5.12
Long-Term Unearned Revenue	4.69	5.02	2.36	1.13	0.66	0.89
Other Long-Term Liabilities	22.57	22.28	21.08	-	-	-
Total Liabilities	589.71	613.23	465.34	638.55	438.94	475.16
Common Stock	193.62	193.62	193.62	184.48	186.35	186.4
Additional Paid-In Capital	956.77	956.77	956.77	817.19	852.09	838.51
Retained Earnings	-53.34	-39.91	74.49	213.01	370.17	435.51
Treasury Stock	-72.72	-72.72	-72.72	-27.92	-51.38	-74
Total Common Equity	1,024	1,038	1,152	1,187	1,357	1,386
Minority Interest	69.84	67.96	53.69	45.99	36.03	25.75
Shareholders' Equity	1,094	1,106	1,206	1,233	1,393	1,412
Total Liabilities & Equity	1,684	1,719	1,671	1,871	1,832	1,887
Total Debt	17.89	19.25	26.31	37.43	36.73	16.33
Net Cash (Debt)	157.23	176.1	270.4	665.08	1,058	1,217
Net Cash Growth	-19.70%	-34.88%	-59.34%	-37.15%	-13.01%	4.91%
Net Cash Per Share	0.81	0.91	1.39	3.64	5.96	6.75
Filing Date Shares Outstanding	191.84	188.4	188.4	184.48	186.35	186.4
Total Common Shares Outstanding	191.84	188.4	188.4	184.48	186.35	186.4
Working Capital	118.25	130.19	437.62	571.27	1,162	1,275
Book Value Per Share	5.34	5.51	6.12	6.43	7.28	7.44
Tangible Book Value	958.51	962.69	1,088	1,137	1,329	1,358
Tangible Book Value Per Share	5.00	5.11	5.77	6.17	7.13	7.29
Buildings	-	348.46	196.14	1.67	1.67	1.67
Machinery	-	49.35	41.71	36.03	26.3	18.4
Construction In Progress	-	281.34	196.05	284.82	6.91	0.12

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