SHE:300254 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	137.61	161.32	149.52	132	263.95	107.26
Cash & Short-Term Investments	137.61	161.32	149.52	132	263.95	107.26
Cash Growth	58.14%	7.89%	13.27%	-49.99%	146.09%	-43.08%
Accounts Receivable	222.17	263.75	176.7	119.5	107.67	132.18
Other Receivables	21.74	19	17.62	13.58	8.44	10.58
Receivables	243.91	282.74	194.32	133.09	116.11	142.76
Inventory	149.15	132.91	132.79	120.83	103.26	108.38
Prepaid Expenses	-	-	2.49	2.49	-	-
Other Current Assets	32.98	27.08	21.75	18.14	24.72	17.49
Total Current Assets	563.64	604.06	500.87	406.55	508.03	375.89
Property, Plant & Equipment	283.19	295.97	306.56	297.52	356.42	386.14
Long-Term Investments	102.16	102.6	101.19	101.72	86.03	90.92
Goodwill	311.99	311.99	311.99	316.25	320.35	339.93
Other Intangible Assets	174.4	179.02	188.05	194.13	204.22	220.55
Long-Term Deferred Tax Assets	29.18	29.48	27.62	20.17	10.92	12.11
Long-Term Deferred Charges	40.4	48.52	38.42	19.16	19.88	15.67
Other Long-Term Assets	83.46	70.94	73.03	77.56	78.57	85.6
Total Assets	1,588	1,643	1,548	1,433	1,584	1,527
Accounts Payable	65.02	62.83	52.62	36.79	40.89	47.35
Accrued Expenses	11.99	45.98	44.46	50.68	54.27	57.01
Short-Term Debt	117.92	115.41	127.94	67.43	57.67	91.03
Current Portion of Long-Term Debt	178.55	39.42	137.06	-	33.84	93.73
Current Portion of Leases	-	8.24	8.3	-	1.9	5.85
Current Income Taxes Payable	18.4	10.68	9.51	1.97	4.65	3.58
Current Unearned Revenue	37.51	41.18	25.95	22.95	38.23	22.95
Other Current Liabilities	143.02	293.45	164.95	242.54	368.23	78.53
Total Current Liabilities	572.41	617.21	570.81	422.37	599.68	400.03
Long-Term Debt	257.75	216	153.3	139.9	174.52	33.04
Long-Term Leases	17.5	22.64	30.32	18.89	20.99	5.94
Long-Term Unearned Revenue	16.74	16.95	17.43	15.32	15.38	16.16
Long-Term Deferred Tax Liabilities	42.37	42.94	44.44	47.49	40.53	40.99
Other Long-Term Liabilities	167.58	132.53	133.24	10.68	3.61	286.07
Total Liabilities	1,074	1,048	949.55	654.64	854.7	782.23
Common Stock	256.06	256.11	248.32	241.62	241.62	227.97
Additional Paid-In Capital	441.62	309.56	349.58	623.91	623.91	533.47
Retained Earnings	-195.01	-198.36	-223.21	-265.4	-290.59	-172.03
Treasury Stock	-62.41	-62.69	-31.69	-	-	-
Total Common Equity	440.25	304.62	343	600.13	574.94	589.41
Minority Interest	73.82	289.7	255.18	178.3	154.77	155.17
Shareholders' Equity	514.07	594.33	598.18	778.43	729.71	744.58
Total Liabilities & Equity	1,588	1,643	1,548	1,433	1,584	1,527
Total Debt	571.71	401.72	456.92	226.22	288.92	229.59
Net Cash (Debt)	-434.1	-240.4	-307.41	-94.21	-24.97	-122.33
Net Cash Per Share	-1.77	-0.98	-1.27	-0.39	-0.11	-0.54
Filing Date Shares Outstanding	256.06	256.11	248.32	241.62	241.62	227.97
Total Common Shares Outstanding	256.06	256.11	248.32	241.62	241.62	227.97
Working Capital	-8.77	-13.15	-69.94	-15.82	-91.65	-24.14
Book Value Per Share	1.72	1.19	1.38	2.48	2.38	2.59
Tangible Book Value	-46.14	-186.39	-157.04	89.75	50.36	28.93
Tangible Book Value Per Share	-0.18	-0.73	-0.63	0.37	0.21	0.13
Buildings	-	185.53	210.74	217.38	230.56	231.09
Machinery	-	365.09	359	347.77	384.06	357.17
Construction In Progress	-	23.68	15.28	6.64	44.6	73.93