SHE:300545 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	488.23	515.94	356.08	619.63	580.7	563.72
Cash & Short-Term Investments	488.23	515.94	356.08	619.63	580.7	563.72
Cash Growth	-15.24%	44.89%	-42.53%	6.70%	3.01%	118.05%
Accounts Receivable	824.7	839.89	735.58	642.22	522.31	548.59
Other Receivables	6.54	6.85	0.85	1.03	0.89	0.8
Receivables	831.24	846.73	736.43	643.25	523.2	549.39
Inventory	615.76	607.6	655.86	755.49	665.06	568.02
Prepaid Expenses	-	-	0.21	0.07	0.77	0.59
Other Current Assets	12.01	19.15	28.31	83.89	36.38	79.52
Total Current Assets	1,947	1,989	1,777	2,102	1,806	1,761
Property, Plant & Equipment	808.05	810.83	835.83	751.59	644.18	527.76
Long-Term Investments	-	-	-	-	-	15.29
Other Intangible Assets	147.09	147.99	152.04	154.34	159.03	164.48
Long-Term Deferred Tax Assets	15.04	15.03	17.15	12.89	11.38	9.68
Long-Term Deferred Charges	1.18	1.88	3.34	7.69	13.14	13.66
Other Long-Term Assets	3.61	1.91	0.6	7.73	2.61	16.02
Total Assets	2,922	2,967	2,786	3,037	2,636	2,508
Accounts Payable	463.55	450.41	345.2	517.8	397.33	376.14
Accrued Expenses	16.77	30.07	37.92	42.44	42.77	33.31
Short-Term Debt	113.06	174.03	162.95	385.37	357.73	387.98
Current Portion of Long-Term Debt	6.17	17.3	48	-	-	-
Current Portion of Leases	-	-	2.21	1.94	1.74	6.61
Current Income Taxes Payable	17.93	16.27	7.79	10.28	4.29	0.73
Current Unearned Revenue	95.58	106.13	96.88	158.99	168.72	117.3
Other Current Liabilities	18.5	16.95	131.38	45.1	16.52	15.4
Total Current Liabilities	731.56	811.16	832.33	1,162	989.09	937.49
Long-Term Debt	-	-	7.77	195.76	132.08	121.33
Long-Term Leases	7.2	-	0.79	3	3.89	8.2
Long-Term Unearned Revenue	4.74	5.03	6.26	11.14	11.41	7.2
Long-Term Deferred Tax Liabilities	0.21	0.2	-	-	-	-
Total Liabilities	743.71	816.39	847.15	1,372	1,136	1,074
Common Stock	185.46	185.46	180.05	177.75	177.74	177.74
Additional Paid-In Capital	1,023	1,022	861.41	798.01	791.46	791.43
Retained Earnings	970.41	943.23	868.1	651.75	492.22	417.92
Comprehensive Income & Other	0.08	0.1	29.15	39.1	39.08	38.94
Total Common Equity	2,178	2,151	1,939	1,667	1,501	1,426
Minority Interest	-	-	-	-1.86	-0.51	7.87
Shareholders' Equity	2,178	2,151	1,939	1,665	1,500	1,434
Total Liabilities & Equity	2,922	2,967	2,786	3,037	2,636	2,508
Total Debt	126.43	191.34	221.72	586.08	495.44	524.12
Net Cash (Debt)	361.8	324.6	134.36	33.55	85.27	39.6
Net Cash Growth	96.55%	141.59%	300.48%	-60.65%	115.34%	-
Net Cash Per Share	1.98	1.78	0.72	0.18	0.47	0.23
Filing Date Shares Outstanding	181.2	182	180.05	177.75	177.74	177.74
Total Common Shares Outstanding	181.2	182	180.05	177.75	177.74	177.74
Working Capital	1,216	1,178	944.55	940.41	817.02	823.75
Book Value Per Share	12.02	11.82	10.77	9.38	8.44	8.02
Tangible Book Value	2,031	2,003	1,787	1,512	1,341	1,262
Tangible Book Value Per Share	11.21	11.00	9.92	8.51	7.55	7.10
Buildings	-	-	844.45	370.42	370.42	352.75
Machinery	-	-	107.06	99.61	86.01	63.26
Construction In Progress	-	-	1.05	357.48	235.31	123.86

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