SHE:300275 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	101	93.08	77.97	115.34	56.79	79.17
Cash & Short-Term Investments	101	93.08	77.97	115.34	56.79	79.17
Cash Growth	54.75%	19.37%	-32.40%	103.09%	-28.27%	193.78%
Accounts Receivable	483.46	490.95	509.44	474.31	425.02	407.72
Other Receivables	19.44	17.15	10.11	22.05	20.01	21.89
Receivables	502.9	508.11	519.55	496.37	445.03	429.6
Inventory	147.73	160.67	155.81	150.71	117.72	131.64
Other Current Assets	10.79	14.61	25.2	26.26	38.5	16.33
Total Current Assets	762.42	776.46	778.53	788.68	658.04	656.74
Property, Plant & Equipment	171.41	173.76	179.08	183.82	189.9	167.5
Long-Term Investments	160.14	158.43	154.22	143.26	136.08	129.9
Other Intangible Assets	34.47	35.01	38.19	26.97	27.82	28.7
Long-Term Accounts Receivable	4.85	15.05	-	-	-	-
Long-Term Deferred Tax Assets	13.81	13.42	16.38	20.36	20.93	23.21
Other Long-Term Assets	187.36	176.95	181.67	174.5	180.12	149.14
Total Assets	1,334	1,349	1,348	1,338	1,213	1,155
Accounts Payable	152.47	167.53	178.96	174.01	191.85	165.08
Accrued Expenses	10.47	31.96	36.47	32.48	27.15	22.69
Short-Term Debt	10	10	20	71	116.2	82.5
Current Portion of Long-Term Debt	84.41	74.8	42	20.4	2	2
Current Portion of Leases	-	0.61	0.44	0.76	0.9	3.46
Current Income Taxes Payable	6.02	0.41	0.41	0.33	0.29	0.35
Current Unearned Revenue	44.3	34.48	45.52	38.85	22.45	21.26
Other Current Liabilities	51.85	55.31	56.77	54.34	59.68	112.69
Total Current Liabilities	359.52	375.1	380.56	392.16	420.53	410.02
Long-Term Debt	16.96	26.97	71.5	99.9	15	17
Long-Term Leases	0.86	1.07	0.59	0.32	-	-
Long-Term Unearned Revenue	0.72	0.87	1.19	0.32	0.63	3.08
Long-Term Deferred Tax Liabilities	0.22	0.24	0.16	0.2	-	-
Other Long-Term Liabilities	0.12	0.17	0.07	-	-	-
Total Liabilities	378.41	404.42	454.08	492.9	436.16	430.09
Common Stock	308.01	308.01	304.69	302.27	188.17	188.22
Additional Paid-In Capital	350.47	350.44	334.96	310.74	404.19	393.13
Retained Earnings	322.41	311.31	279.61	230.92	191.92	159.27
Treasury Stock	-25.5	-25.5	-25.5	-	-8	-16.35
Total Common Equity	955.39	944.26	893.77	843.93	776.27	724.27
Minority Interest	0.65	0.4	0.23	0.75	0.46	0.82
Shareholders' Equity	956.04	944.66	894	844.69	776.74	725.09
Total Liabilities & Equity	1,334	1,349	1,348	1,338	1,213	1,155
Total Debt	112.23	113.45	134.53	192.38	134.1	104.96
Net Cash (Debt)	-11.23	-20.37	-56.56	-77.05	-77.3	-25.79
Net Cash Per Share	-0.04	-0.07	-0.19	-0.25	-0.25	-0.09
Filing Date Shares Outstanding	305.32	305.32	302.48	302.27	301.07	301.15
Total Common Shares Outstanding	305.32	305.32	302.01	302.27	301.07	301.15
Working Capital	402.89	401.36	397.96	396.51	237.51	246.72
Book Value Per Share	3.13	3.09	2.96	2.79	2.58	2.40
Tangible Book Value	920.92	909.25	855.58	816.97	748.45	695.56
Tangible Book Value Per Share	3.02	2.98	2.83	2.70	2.49	2.31
Buildings	-	183.12	183.12	193.02	193.02	165.62
Machinery	-	77.88	74.83	53.41	74.88	74.28
Construction In Progress	-	-	-	17.72	10.96	7.6

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