SHE:300400 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	370.61	472.02	384.84	388.41	283.72	319.74
Trading Asset Securities	20	20	-	-	-	-
Cash & Short-Term Investments	390.61	492.02	384.84	388.41	283.72	319.74
Cash Growth	-7.25%	27.85%	-0.92%	36.90%	-11.27%	13.96%
Accounts Receivable	189.14	207.11	345.21	326.75	358.46	345.35
Other Receivables	2.02	5.1	12.71	2.42	3.56	2.95
Receivables	191.16	212.21	357.91	329.18	362.01	348.3
Inventory	202.69	188.14	149.75	165.73	264.51	218.06
Other Current Assets	13.97	6.35	2.85	5.42	7.66	6.37
Total Current Assets	798.43	898.7	895.35	888.74	917.91	892.47
Property, Plant & Equipment	240.8	239.87	193.34	208.35	233.43	255.35
Long-Term Investments	3.05	3.13	5.69	16.7	5.54	0.18
Goodwill	2.18	2.18	2.18	2.18	2.18	2.18
Other Intangible Assets	12.32	10.57	11.46	13.53	15.15	16.48
Long-Term Deferred Tax Assets	19.69	20.15	19.71	19.7	24.42	20.86
Long-Term Deferred Charges	-	-	-	1.04	2.48	4.12
Other Long-Term Assets	37.03	43.63	34.44	36.07	37.81	40.19
Total Assets	1,114	1,218	1,162	1,186	1,239	1,232
Accounts Payable	269.33	304.71	242.6	217.03	333	345.47
Accrued Expenses	15.29	30.67	31.74	24.48	35.87	31.27
Short-Term Debt	-	-	-	30.02	-	-
Current Income Taxes Payable	8.87	-	1.62	0.2	2.13	1.52
Current Unearned Revenue	64.4	54.82	46.37	40.55	47.14	44.33
Other Current Liabilities	33.47	32.1	28.9	46.61	47.77	28.48
Total Current Liabilities	391.36	422.29	351.23	358.9	465.91	451.06
Long-Term Unearned Revenue	15.49	15.66	16.36	15.84	14.61	13.42
Other Long-Term Liabilities	-	-	0.4	6.42	5.75	9.4
Total Liabilities	406.85	437.95	367.98	381.16	486.27	473.87
Common Stock	242.63	242.63	242.63	242.63	242.63	242.63
Additional Paid-In Capital	63.02	61.11	58.78	47.41	33.77	81.96
Retained Earnings	405.79	479.67	492.74	532.1	492.67	523.4
Treasury Stock	-	-	-	-24.55	-28.1	-100.24
Comprehensive Income & Other	-4.78	-3.12	0.05	0.01	0.01	0.06
Total Common Equity	706.66	780.28	794.19	797.6	740.98	747.81
Minority Interest	-	-	-	7.56	11.66	10.16
Shareholders' Equity	706.66	780.28	794.19	805.16	752.64	757.97
Total Liabilities & Equity	1,114	1,218	1,162	1,186	1,239	1,232
Total Debt	-	-	-	30.02	-	-
Net Cash (Debt)	390.61	492.02	384.84	358.38	283.72	319.74
Net Cash Growth	-7.25%	27.85%	7.38%	26.32%	-11.27%	22.71%
Net Cash Per Share	1.65	2.05	1.57	1.45	1.16	1.32
Filing Date Shares Outstanding	242.63	242.63	242.63	262.36	235.86	239.66
Total Common Shares Outstanding	242.63	242.63	242.63	262.36	235.86	239.66
Working Capital	407.07	476.41	544.12	529.84	451.99	441.41
Book Value Per Share	2.91	3.22	3.27	3.04	3.14	3.12
Tangible Book Value	692.16	767.53	780.55	781.88	723.65	729.14
Tangible Book Value Per Share	2.85	3.16	3.22	2.98	3.07	3.04
Buildings	-	-	242.21	241.55	240.31	237.97
Machinery	-	393.66	116.9	118.65	118.14	116.4

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