SHE:300504 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	110.24	285.32	426.37	591.91	705.45	898.76
Short-Term Investments	-	109.11	-	-	-	-
Trading Asset Securities	453.93	421.12	144.1	56.35	9.98	-
Cash & Short-Term Investments	564.16	815.55	570.47	648.26	715.43	898.76
Cash Growth	-13.75%	42.96%	-12.00%	-9.39%	-20.40%	-19.67%
Accounts Receivable	508.31	398.28	581.32	519.4	528.1	493.74
Other Receivables	5.5	5.51	7.38	8.64	10.27	13.48
Receivables	513.81	403.79	588.7	528.04	538.37	507.22
Inventory	766.82	643.58	683.77	1,072	1,212	1,133
Other Current Assets	206.8	171.53	128.89	158.17	160.59	108.61
Total Current Assets	2,052	2,034	1,972	2,406	2,626	2,648
Property, Plant & Equipment	361	366.97	393.23	409.82	363.15	221.23
Long-Term Investments	31.64	31.64	146.94	56.32	50.6	40.95
Goodwill	13.4	13.4	13.4	13.4	13.4	13.4
Other Intangible Assets	48.28	48.7	49.81	50.91	53.12	56.8
Long-Term Deferred Tax Assets	38.41	42.54	34.59	15.95	19.09	11.95
Long-Term Deferred Charges	-	-	-	-	0.03	0.06
Other Long-Term Assets	0.86	0.43	0.4	94.77	2.41	5.1
Total Assets	2,545	2,538	2,610	3,047	3,128	2,997
Accounts Payable	377.59	377.94	348.95	661.21	787.24	819.17
Accrued Expenses	44.72	64.54	68.14	79.63	89.07	82.45
Current Portion of Leases	0.61	1.21	1.29	0.35	0.91	2.45
Current Income Taxes Payable	1.84	-	0.13	0.68	0.18	1.57
Current Unearned Revenue	7.41	5.69	8.71	3.75	7.95	13.69
Other Current Liabilities	4.26	2.37	2.48	15.31	26.68	47.35
Total Current Liabilities	436.42	451.75	429.7	760.93	912.03	966.68
Long-Term Leases	0.31	0.53	0.62	0.64	0.59	1.11
Long-Term Unearned Revenue	9.8	10.33	1.78	0.22	0.78	1.33
Long-Term Deferred Tax Liabilities	2.2	2.2	3.2	5.9	5.41	2.57
Other Long-Term Liabilities	0.57	0.33	0.71	-	-	-
Total Liabilities	449.31	465.14	436.01	767.69	918.8	971.7
Common Stock	271.02	271.02	271.02	272.5	272.57	273.09
Additional Paid-In Capital	816.22	816.22	816.22	835.66	828.08	810.36
Retained Earnings	995.15	972.26	1,069	1,150	1,104	964.88
Treasury Stock	-	-	-	-9.54	-21.14	-40.97
Comprehensive Income & Other	13.49	13.49	17.99	31.06	26.2	17.97
Shareholders' Equity	2,096	2,073	2,174	2,280	2,209	2,025
Total Liabilities & Equity	2,545	2,538	2,610	3,047	3,128	2,997
Total Debt	0.92	1.73	1.91	0.99	1.5	3.56
Net Cash (Debt)	563.24	813.82	568.56	647.27	713.93	895.19
Net Cash Growth	-7.75%	43.14%	-12.16%	-9.34%	-20.25%	-19.99%
Net Cash Per Share	2.03	3.00	2.15	2.38	2.66	3.32
Filing Date Shares Outstanding	271.02	271.02	271.02	272.5	272.57	273.09
Total Common Shares Outstanding	271.02	271.02	271.02	272.5	272.57	273.09
Working Capital	1,615	1,583	1,542	1,645	1,714	1,681
Book Value Per Share	7.73	7.65	8.02	8.37	8.11	7.42
Tangible Book Value	2,034	2,011	2,111	2,215	2,143	1,955
Tangible Book Value Per Share	7.51	7.42	7.79	8.13	7.86	7.16
Buildings	-	299.39	286.77	39.4	39.4	39.4
Machinery	-	386.56	390.57	381.46	371.14	308.09
Construction In Progress	-	-	-	239.13	167.11	60.03

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