SHE:300141 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	192.9	168.77	231.63	186.08	223.16	217.53
Short-Term Investments	-	-	0.41	85.78	48.29	-
Trading Asset Securities	70	142.2	135.12	-	-	-
Cash & Short-Term Investments	262.9	310.97	367.16	271.86	271.44	217.53
Cash Growth	-14.47%	-15.30%	35.06%	0.15%	24.78%	14.12%
Accounts Receivable	388.88	358.09	315.3	315.93	285.54	321.04
Other Receivables	4.73	5.58	2.29	6.08	9.48	11.97
Receivables	393.61	363.67	317.59	322	295.02	333.01
Inventory	98.36	104.31	24.29	50.08	50.05	48.88
Other Current Assets	33.6	20.93	5.08	8.64	11.46	28.25
Total Current Assets	788.46	799.88	714.12	652.57	627.97	627.66
Property, Plant & Equipment	236.02	238.3	254.34	264.82	269.63	294.33
Long-Term Investments	28.65	2.34	0.25	-	-	18.61
Goodwill	-	-	-	-	-	9.47
Other Intangible Assets	1.52	1.54	1.59	1.64	1.69	1.78
Long-Term Deferred Tax Assets	50	50.02	43.93	44.62	36.5	32.96
Long-Term Deferred Charges	5.98	6.21	5.91	6.01	7.14	8.95
Other Long-Term Assets	21.57	48.37	49.54	51.11	51.23	31.63
Total Assets	1,132	1,147	1,070	1,021	994.16	1,025
Accounts Payable	404.65	414.16	311.75	245.02	186	177.83
Accrued Expenses	2.01	2.7	8.89	5.75	13.22	5.65
Short-Term Debt	62	62	59	65	100	130
Current Portion of Leases	1.03	1.59	1.73	0.6	0.4	0.4
Current Income Taxes Payable	1.48	0.72	1.08	0.27	0.47	0.29
Current Unearned Revenue	3.65	1.49	3.98	2.32	2.47	2.31
Other Current Liabilities	5.82	6.57	3.99	2.38	2.33	3.75
Total Current Liabilities	480.64	489.24	390.41	321.34	304.9	320.21
Long-Term Leases	14.08	14.26	15.24	15.09	15.35	15.75
Long-Term Unearned Revenue	1.7	1.7	0.5	-	-	-
Long-Term Deferred Tax Liabilities	4.97	4.97	5.3	5.33	0.87	0.92
Total Liabilities	501.38	510.16	411.45	341.76	321.11	336.88
Common Stock	257.84	257.84	253.88	253.88	253.88	253.88
Additional Paid-In Capital	268.6	267.55	244.51	234.99	234.99	234.99
Retained Earnings	93.04	102.97	149.86	179.67	172.78	186.76
Total Common Equity	619.48	628.37	648.25	668.55	661.65	675.64
Minority Interest	11.34	8.12	9.97	10.47	11.39	12.87
Shareholders' Equity	630.82	636.49	658.22	679.02	673.04	688.51
Total Liabilities & Equity	1,132	1,147	1,070	1,021	994.16	1,025
Total Debt	77.11	77.85	75.97	80.69	115.75	146.15
Net Cash (Debt)	185.79	233.12	291.2	191.16	155.69	71.38
Net Cash Growth	-18.00%	-19.94%	52.33%	22.78%	118.11%	105.93%
Net Cash Per Share	0.71	0.90	1.20	0.83	0.61	0.32
Filing Date Shares Outstanding	257.84	257.84	253.88	253.88	253.88	253.88
Total Common Shares Outstanding	257.84	257.84	253.88	253.88	253.88	253.88
Working Capital	307.82	310.65	323.7	331.23	323.07	307.45
Book Value Per Share	2.40	2.44	2.55	2.63	2.61	2.66
Tangible Book Value	617.96	626.83	646.66	666.91	659.96	664.39
Tangible Book Value Per Share	2.40	2.43	2.55	2.63	2.60	2.62
Buildings	-	93.37	93.37	93.37	29.38	29.38
Machinery	-	271.95	269.02	262.8	317.81	324.73
Construction In Progress	-	0.97	0.92	0.39	0.14	0.14

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