SHE:300584 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	71.23	66.19	45.76	46.82	95.07	115.6
Cash & Short-Term Investments	71.23	66.19	45.76	46.82	95.07	115.6
Cash Growth	39.02%	44.65%	-2.27%	-50.75%	-17.76%	2.09%
Accounts Receivable	212.25	220.15	200.56	207.7	190.71	113.31
Other Receivables	0.44	0.2	0.08	0.13	18.24	10.48
Receivables	212.69	220.35	200.64	207.82	208.95	123.79
Inventory	85.8	76.58	85.67	81.46	64.13	55.16
Prepaid Expenses	-	-	-	-	0.23	0.23
Other Current Assets	14.02	21.2	25.08	41.19	9.99	7.17
Total Current Assets	383.74	384.32	357.15	377.3	378.38	301.96
Property, Plant & Equipment	869.1	863.59	763.73	646.76	505.53	370.75
Long-Term Investments	111.8	113.27	131.46	131.46	190.7	437.58
Other Intangible Assets	112.47	119.25	140.8	126.77	134.01	122.33
Long-Term Deferred Tax Assets	35.84	30.98	25.49	21.84	16.6	11.76
Long-Term Deferred Charges	3.73	2.66	10.6	41.54	37.32	50.59
Other Long-Term Assets	15.1	18.01	35.31	63.21	31.4	7.04
Total Assets	1,532	1,532	1,465	1,409	1,294	1,302
Accounts Payable	51.74	62.28	33.74	63.95	59.89	80.26
Accrued Expenses	1.28	4.35	31.83	28.61	20.81	17.05
Short-Term Debt	210.5	188.43	230.26	252.98	120.1	100.11
Current Portion of Long-Term Debt	38.99	44.57	12.18	18.02	58.06	80.09
Current Portion of Leases	-	-	-	-	-	0.08
Current Income Taxes Payable	23.13	34.95	2.12	5.38	17.16	0.98
Current Unearned Revenue	1.69	1.07	2.35	3.36	1.74	7.21
Other Current Liabilities	32.45	33.29	22.88	27.97	39.29	15.64
Total Current Liabilities	359.8	368.94	335.35	400.27	317.05	301.43
Long-Term Debt	46.71	53	72.3	-	-	-
Long-Term Leases	-	0.74	-	-	-	-
Long-Term Unearned Revenue	5.94	6	6.24	6.48	8.48	10.64
Long-Term Deferred Tax Liabilities	3.21	3.58	12.48	14.62	17.85	41.47
Total Liabilities	415.66	432.26	426.37	421.37	343.38	353.53
Common Stock	120	120	120	120	120	120
Additional Paid-In Capital	212.34	212.34	211.49	210.29	210.29	212.46
Retained Earnings	738.13	720.77	690.71	656.49	620.17	617.72
Comprehensive Income & Other	0.13	0.17	0.74	0.72	0.11	0.14
Total Common Equity	1,071	1,053	1,023	987.5	950.57	950.33
Minority Interest	45.54	46.56	15.24	-	-	-1.85
Shareholders' Equity	1,116	1,100	1,038	987.5	950.57	948.48
Total Liabilities & Equity	1,532	1,532	1,465	1,409	1,294	1,302
Total Debt	296.2	286.73	314.74	271	178.15	180.28
Net Cash (Debt)	-224.97	-220.54	-268.98	-224.18	-83.09	-64.68
Net Cash Per Share	-1.87	-1.84	-2.24	-1.87	-0.69	-0.54
Filing Date Shares Outstanding	119.99	119.95	120	120	120	120
Total Common Shares Outstanding	119.99	119.95	120	120	120	120
Working Capital	23.95	15.38	21.8	-22.97	61.33	0.53
Book Value Per Share	8.92	8.78	8.52	8.23	7.92	7.92
Tangible Book Value	958.12	934.02	882.13	860.73	816.55	828
Tangible Book Value Per Share	7.98	7.79	7.35	7.17	6.80	6.90
Buildings	-	-	252.62	251.11	251.11	241.79
Machinery	-	-	172.2	227.36	230.08	189.93
Construction In Progress	-	-	551.83	381.52	206.08	95.06

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