SHE:300160 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	468.37	1,456	1,440	513.32	1,172	189.59
Short-Term Investments	-	36.41	-	472.94	-	109.81
Trading Asset Securities	924.48	-	-	403.27	-	-
Cash & Short-Term Investments	1,393	1,492	1,440	1,390	1,172	299.41
Cash Growth	-4.58%	3.62%	3.64%	18.58%	291.38%	99.28%
Accounts Receivable	730.39	758.61	721.04	688.63	630.4	678.56
Other Receivables	5.79	5.47	4.24	4.07	60.27	9.71
Receivables	736.18	764.07	725.28	692.7	690.67	688.27
Inventory	248.12	201.67	200.67	190.36	185.07	251.36
Prepaid Expenses	-	10.55	7.06	15.48	30.23	5.07
Other Current Assets	118.57	12.65	19.15	18.62	22.69	21.49
Total Current Assets	2,496	2,481	2,392	2,307	2,100	1,266
Property, Plant & Equipment	647.59	645.37	573.97	568.86	570.39	452.1
Long-Term Investments	23.06	23.06	21.5	5	5	5
Other Intangible Assets	47.61	47.93	49.24	50.62	51.62	52.83
Long-Term Accounts Receivable	0.68	0.68	0.87	1.14	1.33	54.88
Long-Term Deferred Tax Assets	20.37	19.65	20.79	18.88	23.53	35.68
Long-Term Deferred Charges	5.02	5.43	2.9	4.61	3.37	14.11
Other Long-Term Assets	3.76	7.25	7.03	10.74	18.13	14.95
Total Assets	3,244	3,231	3,069	2,967	2,774	1,895
Accounts Payable	331.41	354.97	308.89	304.35	341.04	425.3
Accrued Expenses	18.17	64.55	79.34	50.19	45.21	52.25
Short-Term Debt	-	14.14	-	70.16	75.49	118.24
Current Portion of Leases	5.19	5.59	2.65	1.46	2.51	1.49
Current Income Taxes Payable	5.09	3.14	8.07	2.17	0.66	0.49
Current Unearned Revenue	5.81	6.75	7.07	20.09	1.57	36.05
Other Current Liabilities	163.72	102.97	102.42	96.34	41.01	49.72
Total Current Liabilities	529.39	552.12	508.43	544.76	507.49	683.55
Long-Term Leases	6.43	7.82	2.93	2.78	0.46	0.13
Long-Term Unearned Revenue	28.83	28.67	27.22	26.55	17.76	24.51
Long-Term Deferred Tax Liabilities	0.44	0.45	0.38	1.32	-	-
Other Long-Term Liabilities	-	-	2.88	3.4	2.31	2.31
Total Liabilities	565.09	589.06	541.83	578.8	528.02	710.5
Common Stock	772.95	772.95	772.95	772.95	772.95	618.17
Additional Paid-In Capital	992.66	992.66	992.66	992.66	992.27	221.41
Retained Earnings	916.36	878.92	763.1	621	490.26	384.96
Treasury Stock	-	-	-	-	-11.48	-24.45
Comprehensive Income & Other	-4.25	-4.25	-3.68	-	-	-17
Total Common Equity	2,678	2,640	2,525	2,387	2,244	1,183
Minority Interest	0.99	1.21	1.68	1.13	1.81	1.56
Shareholders' Equity	2,679	2,641	2,527	2,388	2,246	1,185
Total Liabilities & Equity	3,244	3,231	3,069	2,967	2,774	1,895
Total Debt	11.61	27.55	5.59	74.4	78.46	119.85
Net Cash (Debt)	1,381	1,465	1,434	1,315	1,093	179.55
Net Cash Growth	-3.04%	2.10%	9.07%	20.28%	508.93%	-
Net Cash Per Share	1.79	1.90	1.83	1.71	1.78	0.29
Filing Date Shares Outstanding	772.95	772.95	772.95	772.95	772.95	618.17
Total Common Shares Outstanding	772.95	772.95	772.95	772.95	772.95	618.17
Working Capital	1,966	1,929	1,884	1,762	1,593	582.05
Book Value Per Share	3.46	3.42	3.27	3.09	2.90	1.91
Tangible Book Value	2,630	2,592	2,476	2,336	2,192	1,130
Tangible Book Value Per Share	3.40	3.35	3.20	3.02	2.84	1.83
Buildings	-	394.09	358.75	378.03	347	248.18
Machinery	-	647.32	596.76	550.75	554.38	517.43
Construction In Progress	-	33.87	24.5	24.33	27.74	47.61

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