SHE:300537 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	117.86	177.89	88.27	193.66	139.23	135.9
Trading Asset Securities	162.44	131.11	93.42	48.41	28.17	20
Cash & Short-Term Investments	280.3	309	181.69	242.07	167.4	155.9
Cash Growth	34.11%	70.07%	-24.94%	44.61%	7.38%	8.04%
Accounts Receivable	299.82	327.02	327.02	345.62	361.61	361.2
Other Receivables	6.1	4.65	4.47	2.97	2.25	4.99
Receivables	305.92	331.66	331.48	348.59	363.86	366.19
Inventory	94.5	74.04	78.02	83.11	99.07	132.36
Other Current Assets	4.03	20.81	27.62	27.52	19.59	12.89
Total Current Assets	684.75	735.52	618.82	701.29	649.92	667.34
Property, Plant & Equipment	432.12	438.02	446.53	390.73	349.46	249.22
Long-Term Investments	0.18	0.19	0.23	0.3	-	-
Goodwill	21.77	21.77	21.77	51.68	79.68	79.68
Other Intangible Assets	71.04	71.66	78.04	80.22	123.6	130.72
Long-Term Deferred Tax Assets	8.04	8.39	6.78	33.69	28.72	23.12
Long-Term Deferred Charges	2.43	2.72	2.95	6.52	12.11	7.67
Other Long-Term Assets	0.54	2.49	1.28	-	-	0.57
Total Assets	1,221	1,281	1,176	1,264	1,243	1,158
Accounts Payable	162.05	159.35	138.46	151.21	167.4	155.54
Accrued Expenses	7.34	8.54	14.33	17.7	22.2	18.76
Short-Term Debt	46	98.54	159.51	144.79	145.03	196.28
Current Portion of Long-Term Debt	1.92	2.04	-	49.04	1.05	-
Current Portion of Leases	-	-	0.26	1.3	1.3	0.2
Current Income Taxes Payable	4.26	4.72	1.83	0.93	6.77	0.13
Current Unearned Revenue	1.97	2.27	1.93	3.67	3.36	2.55
Other Current Liabilities	67.09	83.51	88.35	101.65	171.35	67.66
Total Current Liabilities	290.62	358.96	404.67	470.3	518.46	441.11
Long-Term Debt	-	-	-	-	49	-
Long-Term Leases	1.77	2.1	-	0.53	1.83	0.89
Long-Term Unearned Revenue	3.43	3.48	3.67	3.8	7.3	7
Long-Term Deferred Tax Liabilities	6.94	7.03	7.91	8.24	18.45	20.09
Total Liabilities	302.77	371.57	416.25	482.86	595.05	469.09
Common Stock	207.81	207.81	200.42	200.12	193.03	193.03
Additional Paid-In Capital	866.79	866.79	945.92	937.74	835.39	836.26
Retained Earnings	-167.72	-175.22	-394.01	-361.94	-368.84	-336.85
Comprehensive Income & Other	-	-	-	-	-	0.59
Total Common Equity	906.88	899.38	752.32	775.93	659.58	693.02
Minority Interest	11.22	9.81	7.83	5.65	-11.14	-3.78
Shareholders' Equity	918.1	909.19	760.15	781.58	648.45	689.25
Total Liabilities & Equity	1,221	1,281	1,176	1,264	1,243	1,158
Total Debt	49.69	102.68	159.77	195.67	198.2	197.37
Net Cash (Debt)	230.61	206.32	21.92	46.41	-30.81	-41.47
Net Cash Growth	1108.23%	841.36%	-52.77%	-	-	-
Net Cash Per Share	1.14	1.03	0.11	0.24	-0.16	-0.22
Filing Date Shares Outstanding	207.68	192.42	200.42	200.12	193.03	193.03
Total Common Shares Outstanding	207.68	192.42	200.42	200.12	193.03	193.03
Working Capital	394.13	376.56	214.15	231	131.46	226.23
Book Value Per Share	4.37	4.67	3.75	3.88	3.42	3.59
Tangible Book Value	814.07	805.95	652.51	644.02	456.3	482.62
Tangible Book Value Per Share	3.92	4.19	3.26	3.22	2.36	2.50
Buildings	-	-	366.03	197.35	247.47	247.43
Machinery	-	-	139.46	108.86	132.67	131.52
Construction In Progress	-	-	90.38	216.02	135.81	18.76

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