SHE:300270 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	49.8	65.74	89.41	126.59	159.28	130.06
Cash & Short-Term Investments	49.8	65.74	89.41	126.59	159.28	130.06
Cash Growth	-25.53%	-26.47%	-29.37%	-20.53%	22.47%	-41.19%
Accounts Receivable	279.54	315.87	399.1	427.68	463.52	409.62
Other Receivables	3.27	2.73	2.75	2.55	2.44	0.27
Receivables	282.81	318.6	401.84	430.23	465.96	409.89
Inventory	19.9	22.09	21.14	58.45	61.96	78.53
Prepaid Expenses	-	-	-	2.43	-	1.67
Other Current Assets	93.43	84.63	4.19	13.88	9.76	20.83
Total Current Assets	445.94	491.07	516.59	631.58	696.96	640.97
Property, Plant & Equipment	58.57	60.18	74.43	80.05	86.19	91.11
Long-Term Investments	91.3	52.2	106.53	-	-	0.71
Goodwill	-	-	1	6.98	12.98	13.17
Other Intangible Assets	4.25	4.34	10.38	5.39	5.84	4.46
Long-Term Accounts Receivable	-	-	14.33	65.87	129.42	61.09
Long-Term Deferred Tax Assets	37.76	40.94	40.16	57.88	51.49	41.24
Long-Term Deferred Charges	0.66	0.83	2.55	-	-	-
Other Long-Term Assets	135.25	158.99	115.64	122.47	132.94	137.59
Total Assets	773.74	808.55	881.62	970.22	1,116	990.34
Accounts Payable	157.78	181.83	190.04	219.34	279.77	185.74
Accrued Expenses	2.89	3.58	20.52	26.69	26.32	9.02
Short-Term Debt	31.06	35.21	22.82	20.03	10.01	-
Current Portion of Long-Term Debt	0.73	0.73	-	-	-	-
Current Portion of Leases	-	-	0.64	0.04	3.27	0.13
Current Income Taxes Payable	0.86	6.23	0.3	0.3	0.3	0.3
Current Unearned Revenue	8.14	8.03	11.98	12.21	15.12	13.32
Other Current Liabilities	27.22	29.4	32.32	27.7	24.85	27.49
Total Current Liabilities	228.67	265.02	278.63	306.32	359.65	236
Long-Term Leases	1.24	1.33	0.5	-	0.04	0.13
Long-Term Deferred Tax Liabilities	0.32	0.35	0.16	0.01	0.06	0.01
Other Long-Term Liabilities	1.47	1.47	1.73	2.1	3.6	2.19
Total Liabilities	231.7	268.16	281.02	308.43	363.34	238.33
Common Stock	302.81	302.81	302.81	302.81	302.81	302.81
Additional Paid-In Capital	485.12	485.12	485.01	484.42	496.93	489.44
Retained Earnings	-232.06	-234.09	-173.79	-110.97	-35.63	-34.6
Treasury Stock	-5.42	-5.42	-5.42	-10.12	-10.12	-10.12
Comprehensive Income & Other	-0	-0	-1.7	-1.7	-1.65	-1.05
Total Common Equity	550.44	548.41	606.9	664.44	752.33	746.48
Minority Interest	-8.4	-8.02	-6.3	-2.65	0.15	5.53
Shareholders' Equity	542.04	540.39	600.6	661.79	752.49	752.01
Total Liabilities & Equity	773.74	808.55	881.62	970.22	1,116	990.34
Total Debt	33.03	37.27	23.97	20.07	13.33	0.26
Net Cash (Debt)	16.77	28.48	65.44	106.51	145.95	129.8
Net Cash Growth	-49.35%	-56.49%	-38.56%	-27.02%	12.45%	-4.26%
Net Cash Per Share	0.05	0.09	0.22	0.35	0.33	0.43
Filing Date Shares Outstanding	302.69	299.14	300.84	299.14	299.14	307.65
Total Common Shares Outstanding	302.69	299.14	300.84	299.14	299.14	307.65
Working Capital	217.27	226.05	237.95	325.26	337.31	404.97
Book Value Per Share	1.82	1.83	2.02	2.22	2.51	2.43
Tangible Book Value	546.19	544.08	595.52	652.07	733.51	728.85
Tangible Book Value Per Share	1.80	1.82	1.98	2.18	2.45	2.37
Buildings	-	-	115.87	115.87	115.87	115.87
Machinery	-	-	18.28	18.52	17.15	15.87

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