SHE:300479 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	411.48	697.64	469.2	525.77	327.03	420.46
Cash & Short-Term Investments	411.48	697.64	469.2	525.77	327.03	420.46
Cash Growth	62.80%	48.69%	-10.76%	60.77%	-22.22%	271.64%
Accounts Receivable	466.68	511.1	203.39	213.96	170.42	160.82
Other Receivables	4.01	5.33	141.25	139.49	3.42	3.89
Receivables	470.69	516.43	344.64	353.45	173.84	164.71
Inventory	293.99	261.4	235.54	252.26	146.37	149.95
Other Current Assets	61.17	22.6	9.23	32.01	15.33	32.46
Total Current Assets	1,237	1,498	1,059	1,163	662.57	767.57
Property, Plant & Equipment	112.09	109.59	106.37	80.78	75.89	79.72
Long-Term Investments	2.76	2.76	2.89	12.01	41.32	42.61
Goodwill	-	-	-	-	-	69.26
Other Intangible Assets	29.95	32.11	29.02	34.4	43.57	55.27
Long-Term Accounts Receivable	-	69.43	33.46	15.62	9.16	12.77
Long-Term Deferred Tax Assets	25.01	25.47	23.99	19.53	16.61	14.64
Long-Term Deferred Charges	13.37	11.51	5.58	6.51	4.99	5.79
Other Long-Term Assets	69.87	-	0.02	-	-	-
Total Assets	1,490	1,749	1,260	1,332	854.11	1,048
Accounts Payable	393.44	545.1	390.43	221.39	79.27	88.78
Accrued Expenses	6.21	55.52	34.23	25.91	23.28	16.24
Short-Term Debt	108.8	100.87	59.84	68.04	55.85	90.13
Current Portion of Leases	-	2.32	2.32	3.31	1.12	1.03
Current Income Taxes Payable	2.35	-	-	-	-	0.01
Current Unearned Revenue	275.61	281.92	33.01	318.04	7.14	12.75
Other Current Liabilities	117.48	141.71	147.13	116.25	8.01	6.61
Total Current Liabilities	905.96	1,127	666.96	752.93	174.66	215.57
Long-Term Leases	2.68	2.81	2.67	3.63	2.53	3.57
Long-Term Unearned Revenue	17.24	17.63	14.44	16.21	18.57	19.79
Long-Term Deferred Tax Liabilities	0.92	1.04	1.32	2	1.77	1.33
Other Long-Term Liabilities	23.34	25.04	18.34	5.2	4.64	4.36
Total Liabilities	950.14	1,174	703.73	779.97	202.17	244.62
Common Stock	197.04	197.04	197.04	197.04	197.04	197.04
Additional Paid-In Capital	529.61	529.61	529.61	529.61	529.61	539.57
Retained Earnings	-164.76	-130.05	-146.84	-163.14	-93.91	22.02
Comprehensive Income & Other	-33.7	-34.07	-35.11	-28.79	-3.5	-2.21
Total Common Equity	528.18	562.52	544.7	534.72	629.23	756.42
Minority Interest	12.07	12.45	11.49	17.65	22.71	46.6
Shareholders' Equity	540.25	574.97	556.19	552.37	651.95	803.01
Total Liabilities & Equity	1,490	1,749	1,260	1,332	854.11	1,048
Total Debt	113.56	106	64.83	74.98	59.49	94.74
Net Cash (Debt)	297.93	591.63	404.37	450.79	267.54	325.72
Net Cash Growth	65.47%	46.31%	-10.30%	68.50%	-17.86%	6081.06%
Net Cash Per Share	1.60	3.17	1.98	2.28	1.36	1.87
Filing Date Shares Outstanding	197	197.04	197.04	197.04	197.04	197.04
Total Common Shares Outstanding	197	197.04	197.04	197.04	197.04	197.04
Working Capital	331.37	370.63	391.65	410.56	487.9	552.01
Book Value Per Share	2.68	2.85	2.76	2.71	3.19	3.84
Tangible Book Value	498.23	530.41	515.68	500.32	585.66	631.89
Tangible Book Value Per Share	2.53	2.69	2.62	2.54	2.97	3.21
Buildings	-	69.6	70.04	69.9	68.3	68.3
Machinery	-	113.67	103.07	68.45	64.8	60.48
Construction In Progress	-	4.74	-	-	-	-

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