SHE:300421 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	125.18	109.22	144.41	134.33	120.43	138.01
Cash & Short-Term Investments	125.18	109.22	144.41	134.33	120.43	138.01
Cash Growth	-36.47%	-24.37%	7.50%	11.55%	-12.74%	-22.62%
Accounts Receivable	513.32	521.34	470.29	442.74	403.2	379.85
Other Receivables	0.88	0.53	3.85	1.53	10.78	5.91
Receivables	514.2	521.87	474.14	444.28	413.98	385.76
Inventory	300.62	289.01	290.98	301.42	307.39	251.31
Other Current Assets	19.77	18.25	14.08	21.8	12.59	21.08
Total Current Assets	959.77	938.34	923.61	901.83	854.38	796.15
Property, Plant & Equipment	734.38	744.09	751.88	727.53	745.13	689.87
Long-Term Investments	10.51	10.51	-	-	-	-
Goodwill	55.29	55.29	55.29	55.29	58.23	58.23
Other Intangible Assets	142.22	143.65	145.58	99.77	80.33	81.84
Long-Term Deferred Tax Assets	19.53	19.41	18.93	21.91	20.34	17.93
Long-Term Deferred Charges	0.06	0.08	0.41	0.76	2.16	3.38
Other Long-Term Assets	35.32	19.37	17.48	18.27	27.35	38.96
Total Assets	1,957	1,931	1,913	1,825	1,788	1,686
Accounts Payable	240.37	206.23	242.44	180.03	235.11	217.07
Accrued Expenses	4.34	9.29	20.53	18.94	17.1	12.19
Short-Term Debt	300.22	300.2	255.12	250.2	160.13	135.13
Current Income Taxes Payable	2.5	7.48	0.15	3.55	2.08	0.51
Current Unearned Revenue	1.51	3.6	4.41	3.25	2.4	4.43
Other Current Liabilities	37.11	35.66	53.64	50.45	33.68	37.24
Total Current Liabilities	586.06	562.47	576.29	506.42	450.5	406.56
Long-Term Unearned Revenue	77.08	80.93	81.14	83.33	66.68	46.27
Long-Term Deferred Tax Liabilities	1.55	1.56	1.63	2.22	1.56	1.69
Total Liabilities	664.69	644.96	659.06	591.97	518.74	454.52
Common Stock	294.03	294.03	294.03	294.03	247.59	247.64
Additional Paid-In Capital	675.65	675.65	675.65	675.65	732.9	736.29
Retained Earnings	321.77	314.71	280.78	260.83	299.21	274.01
Treasury Stock	-	-	-	-	-11.06	-23.11
Comprehensive Income & Other	0.94	1.39	3.66	2.87	0.54	-2.97
Shareholders' Equity	1,292	1,286	1,254	1,233	1,269	1,232
Total Liabilities & Equity	1,957	1,931	1,913	1,825	1,788	1,686
Total Debt	300.22	300.2	255.12	250.2	160.13	135.13
Net Cash (Debt)	-175.04	-190.98	-110.71	-115.87	-39.7	2.88
Net Cash Growth	-	-	-	-	-	-95.79%
Net Cash Per Share	-0.60	-0.65	-0.38	-0.39	-0.14	0.01
Filing Date Shares Outstanding	293.94	294.3	294.03	294.03	297.1	297.16
Total Common Shares Outstanding	293.94	294.3	294.03	294.03	297.1	297.16
Working Capital	373.71	375.87	347.32	395.41	403.88	389.59
Book Value Per Share	4.40	4.37	4.27	4.19	4.27	4.15
Tangible Book Value	1,095	1,087	1,053	1,078	1,131	1,092
Tangible Book Value Per Share	3.72	3.69	3.58	3.67	3.81	3.67
Buildings	-	-	493.69	444.47	437.12	422.42
Machinery	-	-	964.15	879.35	852.24	709.95
Construction In Progress	-	-	14.51	44.82	17.49	47.51

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