SHE:300553 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	283.69	258.73	276.03	212.91	222.12	59.9
Trading Asset Securities	-	-	-	-	5.19	-
Cash & Short-Term Investments	283.69	258.73	276.03	212.91	227.31	59.9
Cash Growth	-6.51%	-6.27%	29.65%	-6.34%	279.52%	-61.77%
Accounts Receivable	140.33	138.29	111.85	93.58	74.39	77.55
Other Receivables	4.13	1.81	-	-	0.99	0.81
Receivables	176.14	225.77	221.05	94.46	76.19	78.36
Inventory	172.28	173.36	168.36	129.55	146.28	148.47
Other Current Assets	35.59	37.51	32.7	26.99	13.17	12
Total Current Assets	667.69	695.38	698.14	463.91	462.96	298.73
Property, Plant & Equipment	530.02	524.63	453.66	336.23	180.04	88.19
Long-Term Investments	-	78.45	141.52	135.1	120.67	19.23
Other Intangible Assets	27.68	27.85	28.14	28.77	29.44	29.15
Long-Term Deferred Tax Assets	2.29	2.72	5.74	5.81	5.02	4.01
Long-Term Deferred Charges	1.9	1.96	1.5	2.34	3.22	0.1
Other Long-Term Assets	132.88	55.36	56.85	87.21	102.42	100.48
Total Assets	1,363	1,387	1,386	1,059	905.13	542
Accounts Payable	114.04	130.23	159.23	96.92	82.2	74.29
Accrued Expenses	0.17	17.38	14	13.37	10.98	12.36
Short-Term Debt	28	43	20	30	-	4.24
Current Portion of Long-Term Debt	2.65	0.85	15.48	21.1	0.02	-
Current Portion of Leases	-	1.64	3.58	3.12	2.51	2.68
Current Income Taxes Payable	2.1	0.13	0.85	0.1	-	0.96
Current Unearned Revenue	89.73	80.98	87.41	68.31	68.28	75.64
Other Current Liabilities	8.25	9.91	6.19	6.59	4.88	6.82
Total Current Liabilities	244.93	284.12	306.74	239.5	168.88	176.99
Long-Term Debt	255.65	254.34	348.25	95.5	38.5	-
Long-Term Leases	0.08	-	1.38	4.8	6.16	7.72
Long-Term Unearned Revenue	4.87	4.74	-	-	-	-
Long-Term Deferred Tax Liabilities	-	0.4	0.7	0.93	-	-
Total Liabilities	505.52	543.61	657.08	340.72	213.54	184.71
Common Stock	111.02	111.02	81.12	81.12	62.4	48
Additional Paid-In Capital	501.7	496.15	424.47	427.76	446.48	159.09
Retained Earnings	236.48	229.88	210.94	197.51	171.02	152.46
Comprehensive Income & Other	0.8	0.8	2.72	-	-	-
Total Common Equity	850	837.85	719.25	706.4	679.9	359.55
Minority Interest	7.24	5.31	9.94	12.26	11.69	-2.27
Shareholders' Equity	857.24	843.15	729.18	718.66	691.59	357.28
Total Liabilities & Equity	1,363	1,387	1,386	1,059	905.13	542
Total Debt	286.37	299.84	388.69	154.51	47.19	14.64
Net Cash (Debt)	-2.69	-41.1	-112.66	58.4	180.12	45.25
Net Cash Growth	-	-	-	-67.58%	298.03%	-71.11%
Net Cash Per Share	-0.02	-0.37	-1.06	0.55	1.87	0.56
Filing Date Shares Outstanding	111.02	111.02	105.46	105.46	105.46	81.12
Total Common Shares Outstanding	111.02	111.02	105.46	105.46	105.46	81.12
Working Capital	422.76	411.25	391.4	224.42	294.08	121.74
Book Value Per Share	7.66	7.55	6.82	6.70	6.45	4.43
Tangible Book Value	822.32	809.99	691.11	677.62	650.46	330.4
Tangible Book Value Per Share	7.41	7.30	6.55	6.43	6.17	4.07
Buildings	-	523.7	81.22	81.22	81.22	81.22
Machinery	-	63.98	53.26	50.78	45.76	32.99
Construction In Progress	-	9.66	375.61	250.81	92.32	2.98

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