SHE:300554 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	83.67	79.59	114.53	110.62	97.46	34.14
Trading Asset Securities	20	78.29	65.06	35.05	-	145.88
Cash & Short-Term Investments	103.67	157.88	179.59	145.67	97.46	180.02
Cash Growth	-44.32%	-12.09%	23.29%	49.46%	-45.86%	5.34%
Accounts Receivable	125.73	130.39	157.69	253.7	222.83	133.77
Other Receivables	1.48	1.94	1.43	1.65	2.16	1.22
Receivables	127.2	132.33	159.12	255.35	224.99	134.99
Inventory	132.64	125.35	133.53	217.59	192.5	91.92
Prepaid Expenses	-	16.26	16.44	18.53	4.8	5.8
Other Current Assets	17.64	0.84	1.3	1.81	3.07	4.61
Total Current Assets	381.15	432.64	489.98	638.94	522.81	417.34
Property, Plant & Equipment	264.44	271.19	336.32	441.5	360.42	255.35
Other Intangible Assets	30.21	30.49	33.02	28.16	29.05	20.68
Long-Term Deferred Tax Assets	35.52	33.56	72.72	35.37	35.17	26.29
Long-Term Deferred Charges	0.64	0.64	0.96	0.73	0.39	0.66
Other Long-Term Assets	21.82	22.15	38.74	39.91	49.83	45.52
Total Assets	733.79	790.68	971.74	1,185	997.66	765.84
Accounts Payable	87.22	88.08	90.75	215.14	222.72	82.34
Accrued Expenses	6.6	16.36	16.18	25.75	20.11	18.03
Short-Term Debt	57.04	72.3	94.64	74.07	67.06	-
Current Portion of Long-Term Debt	26.4	40.64	9.55	-	-	0.59
Current Portion of Leases	-	-	-	0.81	0.4	-
Current Income Taxes Payable	1.32	0.01	0.03	0.94	0.47	0.96
Current Unearned Revenue	8.52	7.64	6.57	5.33	0.66	1
Other Current Liabilities	6.94	2.49	2	1.59	1.63	0.56
Total Current Liabilities	194.03	227.52	219.72	323.64	313.04	103.48
Long-Term Debt	12.38	31.75	61.87	29.76	-	141.39
Long-Term Leases	-	-	-	2.26	2.42	-
Long-Term Unearned Revenue	15.98	16.32	20.03	16.94	17.2	19.17
Long-Term Deferred Tax Liabilities	-	-	-	-	-	6.63
Total Liabilities	222.39	275.59	301.63	372.6	332.66	270.68
Common Stock	114.21	114.21	114.21	114.21	104.83	93.61
Additional Paid-In Capital	529.62	529.62	529.62	-	419.94	219.2
Retained Earnings	-145.76	-141.94	17.13	167.2	140.29	127.46
Comprehensive Income & Other	-2.93	-2.77	-2.71	529.1	-1.95	54.89
Total Common Equity	495.14	499.13	658.24	810.52	663.1	495.16
Minority Interest	16.26	15.96	11.87	1.5	1.9	-
Shareholders' Equity	511.4	515.09	670.12	812.01	665	495.16
Total Liabilities & Equity	733.79	790.68	971.74	1,185	997.66	765.84
Total Debt	95.82	144.69	166.06	106.91	69.88	141.99
Net Cash (Debt)	7.85	13.19	13.52	38.75	27.58	38.03
Net Cash Growth	-58.63%	-2.47%	-65.10%	40.52%	-27.49%	-
Net Cash Per Share	0.07	0.12	0.12	0.35	0.29	0.41
Filing Date Shares Outstanding	114.21	114.21	114.21	114.21	104.83	93.61
Total Common Shares Outstanding	114.21	114.21	114.21	114.21	104.83	93.61
Working Capital	187.12	205.12	270.26	315.3	209.77	313.86
Book Value Per Share	4.34	4.37	5.76	7.10	6.33	5.29
Tangible Book Value	464.93	468.63	625.23	782.35	634.05	474.49
Tangible Book Value Per Share	4.07	4.10	5.47	6.85	6.05	5.07
Buildings	-	207.48	230.58	213.22	154.02	150.02
Machinery	-	244.41	299.72	364.69	284.42	235.77
Construction In Progress	-	34.44	8.74	22.74	66.87	4.47