SHE:300334 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	160.26	162.79	88.36	87.36	23.36	54
Trading Asset Securities	1.5	1.14	0.72	2.6	-	-
Cash & Short-Term Investments	161.76	163.93	89.08	89.95	23.36	54
Cash Growth	41.58%	84.03%	-0.97%	285.10%	-56.75%	-19.57%
Accounts Receivable	255.03	234.17	244.82	205.49	312.82	371.83
Other Receivables	39.14	39.18	52.97	53.22	13.25	21.4
Receivables	294.18	273.35	297.78	258.71	326.07	393.23
Inventory	98.8	69.52	57.94	75.32	67.69	64.68
Prepaid Expenses	-	-	-	-	-	0.03
Other Current Assets	24.27	40.66	9.63	13.72	23.1	20.73
Total Current Assets	579.01	547.46	454.43	437.7	440.22	532.68
Property, Plant & Equipment	220.59	218.9	186.17	205.62	223.48	229.04
Long-Term Investments	117.36	115.78	106.83	108.09	114.99	113.82
Other Intangible Assets	131.3	132.8	137.86	146.18	670.51	631.07
Long-Term Accounts Receivable	-	-	-	-	62.67	17.64
Long-Term Deferred Tax Assets	1.75	1.75	3.66	6.85	10.19	22.03
Long-Term Deferred Charges	0.45	0.51	0.88	0.96	3.03	3.4
Other Long-Term Assets	57.03	57.03	58.49	59.56	10.22	35.33
Total Assets	1,107	1,074	948.32	964.95	1,535	1,585
Accounts Payable	133.96	102.87	86.63	109.66	329.46	205.65
Accrued Expenses	8.47	8.99	12.48	14.95	25.98	24.46
Short-Term Debt	113.87	98.94	49.68	30.04	89.72	135.33
Current Portion of Long-Term Debt	8.2	8.33	3.14	7.73	47.28	58.09
Current Portion of Leases	-	-	0.95	1.89	1.44	1.34
Current Income Taxes Payable	11.1	5.53	1.35	1.28	1.61	1.01
Current Unearned Revenue	31.36	36.8	10.24	25.66	24.03	30.68
Other Current Liabilities	34.85	53.93	66.29	62.07	239.02	163.56
Total Current Liabilities	341.8	315.39	230.77	253.28	758.54	620.14
Long-Term Debt	77.71	77.7	74.2	70.6	78.2	90.95
Long-Term Leases	15.26	14.35	-	4.32	2.38	3.67
Long-Term Unearned Revenue	3.85	0.29	0.22	0.75	3.9	5.54
Long-Term Deferred Tax Liabilities	1.48	1.48	0.72	1.5	1.16	0.63
Other Long-Term Liabilities	68.38	68.31	18	18.71	33.85	25.22
Total Liabilities	508.49	477.53	323.91	349.15	878.04	746.15
Common Stock	302.07	302.07	302.07	302.07	302.07	302.07
Additional Paid-In Capital	1,067	1,067	1,067	1,067	1,067	1,065
Retained Earnings	-812.17	-814.43	-781.38	-792.43	-781.53	-596.87
Comprehensive Income & Other	-9.38	-9.38	-10.43	-9.57	-0.16	-0.16
Total Common Equity	547.68	545.43	577.42	567.23	587.55	770.49
Minority Interest	51.32	51.28	47	48.58	69.72	68.38
Shareholders' Equity	599	596.71	624.42	615.81	657.26	838.87
Total Liabilities & Equity	1,107	1,074	948.32	964.95	1,535	1,585
Total Debt	215.03	199.32	127.97	114.57	219.02	289.39
Net Cash (Debt)	-53.27	-35.38	-38.89	-24.62	-195.66	-235.39
Net Cash Per Share	-0.18	-0.12	-0.14	-0.09	-0.65	-0.75
Filing Date Shares Outstanding	281.84	287.17	302.07	302.07	302.07	302.07
Total Common Shares Outstanding	281.84	287.17	302.07	302.07	302.07	302.07
Working Capital	237.21	232.07	223.67	184.43	-318.32	-87.46
Book Value Per Share	1.94	1.90	1.91	1.88	1.95	2.55
Tangible Book Value	416.38	412.63	439.55	421.05	-82.96	139.42
Tangible Book Value Per Share	1.48	1.44	1.46	1.39	-0.27	0.46
Buildings	-	-	188.14	188.14	190.12	181.16
Machinery	-	-	203.14	196.78	207.21	184.82
Construction In Progress	-	-	2.92	5.14	-	20.32
Order Backlog	-	-	15.24	-	-	-

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