SHE:300112 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	105.17	158.04	154.37	148.81	186.73	370.69
Short-Term Investments	-	-	130.04	136.19	102.76	-
Trading Asset Securities	191.34	181.46	67.41	150.74	156.03	67.98
Cash & Short-Term Investments	296.52	339.5	351.81	435.74	445.53	438.67
Cash Growth	43.66%	-3.50%	-19.26%	-2.20%	1.56%	72.39%
Accounts Receivable	417.1	440.16	430.63	401.82	364.02	330.85
Other Receivables	7.89	7.24	9.29	10.13	20.11	13.62
Receivables	424.99	447.4	439.91	411.94	384.13	344.48
Inventory	214.81	200.91	194.13	230.74	264.39	223.69
Prepaid Expenses	-	-	12.47	10.12	1.25	2.29
Other Current Assets	24.32	21.54	10.8	9.76	16.65	9.39
Total Current Assets	960.63	1,009	1,009	1,098	1,112	1,019
Property, Plant & Equipment	437.41	434.77	431.24	369.47	300.91	299.57
Long-Term Investments	84.49	86.17	85.61	100.44	64.44	79.66
Goodwill	31.42	31.42	37.99	111.23	178.86	178.86
Other Intangible Assets	32.86	33.36	36.31	52.32	61.44	69.38
Long-Term Deferred Tax Assets	18.07	17.57	22.24	15.4	15.86	14.77
Long-Term Deferred Charges	4.29	4.63	1.21	1.51	3.94	6.28
Other Long-Term Assets	46.25	55.94	48.48	43.32	58.88	52.79
Total Assets	1,615	1,673	1,672	1,792	1,796	1,720
Accounts Payable	207.58	231.45	181.16	168.49	117.82	127.13
Accrued Expenses	25.6	44.86	50.28	61.62	77.27	65.46
Short-Term Debt	40	40	20	15	23.36	17.91
Current Portion of Long-Term Debt	-	17.59	-	-	1	-
Current Portion of Leases	-	-	0.57	0.36	1.23	1.59
Current Income Taxes Payable	5.45	10.86	2.52	5.35	9.93	6.87
Current Unearned Revenue	21.08	20.12	27.26	32.72	38.56	33.79
Other Current Liabilities	37.56	27.21	51.55	54.86	32.99	31.14
Total Current Liabilities	337.27	392.09	333.35	338.38	302.16	283.87
Long-Term Debt	231.69	227.88	207.49	195.96	202.54	188.78
Long-Term Leases	-	0.16	0.69	1.17	-	0.09
Long-Term Unearned Revenue	3.55	3.8	4.65	6	7.68	9.34
Long-Term Deferred Tax Liabilities	7.69	7.69	7.33	5.03	6.34	5.23
Other Long-Term Liabilities	-	-	0.79	-	-	-
Total Liabilities	580.21	631.63	554.3	546.55	518.71	487.32
Common Stock	290.23	290.23	291.95	293.65	285.8	285.78
Additional Paid-In Capital	515.84	515.84	532.64	537.76	489.03	489.06
Retained Earnings	140.56	146.29	214.3	338.61	371.9	333.82
Treasury Stock	-12.22	-12.22	-20.57	-29.89	-	-
Comprehensive Income & Other	50.93	51.32	51.67	51.35	55.69	56.03
Total Common Equity	985.34	991.46	1,070	1,191	1,202	1,165
Minority Interest	49.88	50.12	47.93	53.97	75.14	67.83
Shareholders' Equity	1,035	1,042	1,118	1,245	1,278	1,233
Total Liabilities & Equity	1,615	1,673	1,672	1,792	1,796	1,720
Total Debt	271.69	285.63	228.75	212.49	228.12	208.37
Net Cash (Debt)	24.82	53.87	123.06	223.25	217.4	230.3
Net Cash Growth	-	-56.23%	-44.88%	2.69%	-5.60%	-3.88%
Net Cash Per Share	0.08	0.19	0.42	0.71	0.76	0.80
Filing Date Shares Outstanding	290.89	290.23	291.95	293.65	285.8	285.78
Total Common Shares Outstanding	290.89	290.23	291.95	293.65	285.8	285.78
Working Capital	623.36	617.27	675.78	759.93	809.8	734.65
Book Value Per Share	3.39	3.42	3.66	4.06	4.21	4.08
Tangible Book Value	921.06	926.68	995.68	1,028	962.12	916.45
Tangible Book Value Per Share	3.17	3.19	3.41	3.50	3.37	3.21
Buildings	-	-	421.75	279.98	281.9	278.28
Machinery	-	-	184.18	152.33	151.53	133.78
Construction In Progress	-	-	6.94	94.42	4.66	5.11

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.