SHE:300561 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	Dec '21 Dec 31, 2021
Cash & Equivalents	39.35	37.66	16.63	8.04	25.07	50.07
Short-Term Investments	-	-	32.6	-	-	-
Trading Asset Securities	10.88	21.88	62.03	57.07	73.06	120.18
Cash & Short-Term Investments	50.23	59.54	111.26	65.1	98.14	170.26
Cash Growth	12.88%	-46.49%	70.91%	-33.66%	-42.36%	-34.80%
Accounts Receivable	59.35	74.25	44.58	83.48	99.46	86.98
Other Receivables	6.25	5.32	-	-	2.52	1.91
Receivables	65.6	79.57	44.58	83.48	101.97	88.88
Inventory	31.42	29.88	30.25	37.4	53.21	61.58
Other Current Assets	50.18	22.75	22.9	25.24	25.79	32.27
Total Current Assets	197.43	191.74	209	211.23	279.11	352.99
Property, Plant & Equipment	57.84	58.7	58.58	57.24	78.92	343.98
Long-Term Investments	0.91	63.35	40.33	63.74	30.53	-
Goodwill	6.62	6.62	-	-	-	-
Other Intangible Assets	19.54	21.53	2.31	2.58	2.54	18.8
Long-Term Accounts Receivable	-	-	3.93	10.65	14.67	16.59
Long-Term Deferred Tax Assets	15.34	15.01	10.08	5.48	4.33	3.74
Long-Term Deferred Charges	0.52	0.56	0.07	0.11	0.2	0.17
Other Long-Term Assets	358.98	317.28	319.01	326.81	302.35	0.34
Total Assets	657.16	674.79	643.29	677.83	712.64	736.61
Accounts Payable	19.45	24.03	24.76	19.61	45.31	52.26
Accrued Expenses	3.64	11.49	5.57	10.16	8.37	10.03
Short-Term Debt	30.03	30.03	-	-	-	-
Current Portion of Long-Term Debt	0.41	-	-	-	-	-
Current Portion of Leases	-	0.47	-	1	1.32	2.67
Current Income Taxes Payable	0.72	-	-	-	-	-
Current Unearned Revenue	3.19	3.93	3.24	1.72	3.78	2.54
Other Current Liabilities	5.68	6.6	1.74	1.11	1.5	1.63
Total Current Liabilities	63.11	76.54	35.3	33.59	60.28	69.13
Long-Term Leases	0.27	0.34	-	0.93	-	1.35
Long-Term Deferred Tax Liabilities	1.51	1.64	-	-	-	0.03
Other Long-Term Liabilities	2.42	2.39	1.13	1.75	4.03	7.4
Total Liabilities	67.31	80.9	36.43	36.27	64.31	77.92
Common Stock	328.11	328.11	328.11	328.11	328.11	328.11
Additional Paid-In Capital	95.73	95.73	95.73	95.73	95.73	95.73
Retained Earnings	153.37	156.21	182.98	215.66	222.9	236.83
Comprehensive Income & Other	3.05	3.05	3.07	3.07	3.07	-
Total Common Equity	580.26	583.1	609.88	642.56	649.8	660.66
Minority Interest	9.6	10.79	-3.03	-1	-1.47	-1.97
Shareholders' Equity	589.86	593.89	606.86	641.56	648.33	658.69
Total Liabilities & Equity	657.16	674.79	643.29	677.83	712.64	736.61
Total Debt	30.71	30.84	-	1.92	1.32	4.02
Net Cash (Debt)	19.52	28.7	111.26	63.18	96.82	166.24
Net Cash Growth	-56.13%	-74.20%	76.11%	-34.74%	-41.76%	-34.83%
Net Cash Per Share	0.06	0.09	0.34	0.19	0.30	0.47
Filing Date Shares Outstanding	330	328.11	328.11	328.11	328.11	328.11
Total Common Shares Outstanding	330	328.11	328.11	328.11	328.11	328.11
Working Capital	134.31	115.2	173.7	177.63	218.83	283.86
Book Value Per Share	1.76	1.78	1.86	1.96	1.98	2.01
Tangible Book Value	554.1	554.95	607.57	639.98	647.26	641.87
Tangible Book Value Per Share	1.68	1.69	1.85	1.95	1.97	1.96
Buildings	-	61	61	53.24	38.71	335.16
Machinery	-	21.48	18.53	17.4	17.48	18.18
Construction In Progress	-	-	-	2.95	38.39	9.83

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