SHE:300201 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	264.57	810.23	458.46	374.32	144.61	253.99
Trading Asset Securities	-	-	-	-	0.11	0.14
Cash & Short-Term Investments	264.57	810.23	458.46	374.32	144.72	254.14
Cash Growth	-46.66%	76.73%	22.48%	158.66%	-43.06%	-60.79%
Accounts Receivable	1,293	700.24	951.35	623.46	719.4	741.59
Other Receivables	55.2	46.65	55.32	101.27	56.21	101.08
Receivables	1,348	746.89	1,007	724.74	775.61	842.67
Inventory	394.15	224.75	288.16	242.91	274.64	216.95
Prepaid Expenses	-	1.75	0.05	1.5	0.07	0.46
Other Current Assets	114.99	39.94	44.13	34.05	37.69	41.75
Total Current Assets	2,122	1,824	1,797	1,378	1,233	1,356
Property, Plant & Equipment	419.99	282.57	442.75	463.67	482.9	506.87
Long-Term Investments	113.78	116.07	111.32	116.85	132.73	132.42
Goodwill	389.92	2.54	4.11	4.11	4.11	5.26
Other Intangible Assets	194.13	131.4	136.22	138.91	142.56	145.75
Long-Term Accounts Receivable	26.58	27.95	8.34	1.14	1.14	5.13
Long-Term Deferred Tax Assets	48.92	48.86	57.55	50.25	63.97	74.39
Long-Term Deferred Charges	20.84	23.89	0.33	-	0.27	0.31
Other Long-Term Assets	189.2	197.46	22.99	30.39	104.79	103.76
Total Assets	3,525	2,654	2,581	2,183	2,165	2,330

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
Accounts Payable	717.96	592.86	673.81	604.44	531.69	654.36
Accrued Expenses	43.68	38.26	41.29	14.62	32.5	36.99
Short-Term Debt	217.56	131.09	267.99	158.15	29.3	130.35
Current Portion of Long-Term Debt	-	-	-	4.55	18.07	21.64
Current Income Taxes Payable	60.56	15.57	18.85	8.9	5.57	12.54
Current Unearned Revenue	57.23	19.29	12.92	11.31	85.95	54.5
Other Current Liabilities	65.44	15.07	20.14	16.22	32.33	37.95
Total Current Liabilities	1,162	812.14	1,035	818.19	735.41	948.34
Long-Term Debt	241.38	-	-	29.25	63.75	81.75
Long-Term Unearned Revenue	0.65	0.66	0.82	0.98	1.13	1.77
Long-Term Deferred Tax Liabilities	6.37	-	7.66	7.54	2.06	3.6
Other Long-Term Liabilities	21.88	-	0.04	1.13	0.45	6.63
Total Liabilities	1,433	812.81	1,044	857.09	802.81	1,042

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
Common Stock	1,009	1,009	1,009	1,041	1,041	1,041
Additional Paid-In Capital	13.68	13.68	15.36	100.61	94.41	94.41
Retained Earnings	885.46	842.46	563.96	416.68	210.82	138.09
Treasury Stock	-40.21	-40.21	-67.01	-249.57	-	-
Comprehensive Income & Other	14.98	13.86	15.26	13.81	11.36	9.58
Total Common Equity	1,883	1,839	1,537	1,322	1,358	1,283
Minority Interest	209.35	2.65	0.96	3.28	4.88	4.74
Shareholders' Equity	2,092	1,841	1,538	1,326	1,362	1,288
Total Liabilities & Equity	3,525	2,654	2,581	2,183	2,165	2,330

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
Total Debt	458.94	131.09	267.99	191.95	111.12	233.74
Net Cash (Debt)	-194.37	679.14	190.47	182.36	33.6	20.4
Net Cash Growth	-	256.56%	4.44%	442.80%	64.72%	346.33%
Net Cash Per Share	-0.20	0.69	0.19	0.18	0.03	0.02
Filing Date Shares Outstanding	994.9	992.07	994.9	988.24	1,041	1,041
Total Common Shares Outstanding	994.9	992.07	994.9	988.24	1,041	1,041
Working Capital	959.21	1,011	762.49	559.31	497.31	407.62
Book Value Per Share	1.89	1.85	1.54	1.34	1.30	1.23
Tangible Book Value	1,299	1,705	1,396	1,179	1,211	1,132
Tangible Book Value Per Share	1.31	1.72	1.40	1.19	1.16	1.09
Buildings	-	373.75	372.01	377.87	382.34	398.76
Machinery	-	181.62	171.97	164.06	162.78	156.14
Construction In Progress	-	0.01	154.34	153.92	153.16	148.29