SHE:300099 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	258.43	250.87	354.47	292.9	594.46	174.1
Short-Term Investments	54.26	64.93	22.13	-	-	-
Trading Asset Securities	248.26	369.59	249.45	233.28	96.15	82.98
Cash & Short-Term Investments	560.95	685.4	626.05	526.18	690.61	257.09
Cash Growth	-20.85%	9.48%	18.98%	-23.81%	168.63%	-17.51%
Accounts Receivable	616.25	636.17	575.25	708.61	701.04	614.28
Other Receivables	15.97	15.88	19.48	41.3	94.6	72.14
Receivables	632.22	652.05	594.73	749.91	795.64	686.42
Inventory	256.84	227.79	240.8	303.93	290.37	262.2
Prepaid Expenses	-	0.13	0.42	0.32	0.01	0.01
Other Current Assets	7.25	7.27	157.79	9.68	21.08	15.67
Total Current Assets	1,457	1,573	1,620	1,590	1,798	1,221
Property, Plant & Equipment	408.92	405.38	361.49	329.12	285.01	226.22
Long-Term Investments	166.39	68.01	187.72	172.36	152.03	154.61
Goodwill	461.1	461.1	461.1	461.1	461.1	512.98
Other Intangible Assets	31.83	32.33	34.74	36.38	39.54	46.46
Long-Term Deferred Tax Assets	10.25	10.98	8.02	36.17	41.35	26.77
Long-Term Deferred Charges	1.07	1.07	1.1	1.13	1.16	1.31
Other Long-Term Assets	101.57	85.97	123.8	12.38	41.02	39.95
Total Assets	2,638	2,637	2,798	2,639	2,819	2,230
Accounts Payable	137.07	132.87	82.64	183.97	200.63	149.84
Accrued Expenses	10.13	28.31	21.82	22.18	34.2	25.9
Short-Term Debt	8.48	8.88	-	7.71	5.59	10.43
Current Portion of Leases	0.21	0.21	0.31	1.14	0.27	-
Current Income Taxes Payable	8.01	7.93	2.93	3.44	9.25	7.39
Current Unearned Revenue	11.52	6.78	18.42	13.6	22.83	25.02
Other Current Liabilities	36.15	41.46	268.58	54.57	121.28	83.83
Total Current Liabilities	211.58	226.44	394.69	286.61	394.05	302.41
Long-Term Leases	0.34	0.4	0.76	1.48	0.87	3.32
Long-Term Unearned Revenue	2.72	1.56	-	-	-	-
Long-Term Deferred Tax Liabilities	23.6	23.11	21.74	20.23	14.32	1.39
Total Liabilities	238.25	251.52	417.19	308.32	409.24	307.13
Common Stock	737.27	737.27	737.27	737.27	737.27	667.34
Additional Paid-In Capital	1,077	1,077	1,103	1,103	1,103	786.68
Retained Earnings	585.65	571.49	557.08	495.18	561.24	451.42
Total Common Equity	2,400	2,386	2,397	2,335	2,401	1,905
Minority Interest	-	-	-16.63	-4.98	8.29	17.14
Shareholders' Equity	2,400	2,386	2,381	2,330	2,410	1,923
Total Liabilities & Equity	2,638	2,637	2,798	2,639	2,819	2,230
Total Debt	9.03	9.49	1.07	10.33	6.73	13.75
Net Cash (Debt)	551.92	675.91	624.98	515.85	683.87	243.34
Net Cash Growth	-22.01%	8.15%	21.16%	-24.57%	181.04%	-21.67%
Net Cash Per Share	0.75	0.92	0.85	0.70	1.01	0.36
Filing Date Shares Outstanding	737.27	737.27	737.27	737.27	737.27	667.34
Total Common Shares Outstanding	737.27	737.27	737.27	737.27	737.27	667.34
Working Capital	1,246	1,346	1,225	1,303	1,404	918.98
Book Value Per Share	3.26	3.24	3.25	3.17	3.26	2.86
Tangible Book Value	1,907	1,893	1,901	1,838	1,901	1,346
Tangible Book Value Per Share	2.59	2.57	2.58	2.49	2.58	2.02
Buildings	-	303.68	225.94	228.72	228.06	221.52
Machinery	-	284.76	264.03	242.68	199.16	125.29
Construction In Progress	-	11.32	43.41	17.7	13.99	22.81

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