SHE:300600 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	220.12	430.2	230.03	201.56	146.66	108.41
Short-Term Investments	-	50.42	19.26	-	-	-
Cash & Short-Term Investments	380.44	480.62	249.28	201.56	146.66	108.41
Cash Growth	97.36%	92.80%	23.68%	37.44%	35.28%	-47.16%
Accounts Receivable	402.78	382.05	370.86	350.26	424.86	462.1
Other Receivables	2.52	0.19	0.19	0.09	-0.32	0.03
Receivables	405.3	382.23	371.04	350.35	424.54	462.14
Inventory	76.63	78.94	131.71	153.89	184.68	190.46
Prepaid Expenses	-	-	-	-	-	1.31
Other Current Assets	105.7	56.22	60.25	60.32	32.18	39.1
Total Current Assets	968.07	998.02	812.29	766.12	788.06	801.41
Property, Plant & Equipment	261.96	266.08	273.31	254.42	277.39	335.29
Long-Term Investments	3.73	2.67	1.16	0.21	0.8	1.32
Goodwill	0.93	0.93	0.93	0.93	0.93	0.93
Other Intangible Assets	43.26	43.28	44.94	46.67	48.1	49.75
Long-Term Deferred Tax Assets	76.8	76.63	65.14	57.33	57.73	54.84
Long-Term Deferred Charges	0.49	0.64	1.07	0.05	0.24	0.33
Other Long-Term Assets	55.53	56.38	30.58	33.57	43.21	35.57
Total Assets	1,411	1,445	1,229	1,159	1,216	1,279
Accounts Payable	131.05	143.68	85.26	62.73	101.19	132.6
Accrued Expenses	1.57	67.9	71.72	65.13	8.35	12.28
Short-Term Debt	-	-	24.19	68.67	169.44	175
Current Portion of Leases	-	1.68	1.84	-	-	-
Current Income Taxes Payable	8.37	4.52	4.27	5.37	6.6	3.81
Current Unearned Revenue	5.15	4.5	14.66	10.98	52.17	47.61
Other Current Liabilities	52.62	7.17	11.02	2.32	7.85	36.28
Total Current Liabilities	200.46	229.45	212.97	215.2	345.6	407.58
Long-Term Leases	2.17	2.78	4.25	-	-	-
Long-Term Unearned Revenue	-	-	0.23	0.5	0.77	1.04
Long-Term Deferred Tax Liabilities	0	0	0	0	0	0.01
Other Long-Term Liabilities	7.75	7.75	7.76	-	-	-
Total Liabilities	210.37	239.99	225.21	215.7	346.36	408.63
Common Stock	294.23	294.23	294.23	294.23	294.23	294.23
Additional Paid-In Capital	779.07	779.07	522.55	422.55	317.55	318.2
Retained Earnings	126.58	131.03	186.05	224.12	253.29	253.76
Comprehensive Income & Other	-	-0.25	-	-	-	-
Total Common Equity	1,200	1,204	1,003	940.91	865.08	866.19
Minority Interest	0.51	0.56	1.38	2.68	5.02	4.63
Shareholders' Equity	1,200	1,205	1,004	943.59	870.1	870.82
Total Liabilities & Equity	1,411	1,445	1,229	1,159	1,216	1,279
Total Debt	3.87	4.47	30.28	68.67	169.44	175
Net Cash (Debt)	376.58	476.15	219.01	132.89	-22.79	-66.59
Net Cash Growth	130.17%	117.42%	64.80%	-	-	-
Net Cash Per Share	1.30	1.64	0.75	0.46	-0.08	-0.22
Filing Date Shares Outstanding	293.38	294.23	294.23	294.23	294.23	294.23
Total Common Shares Outstanding	293.38	294.23	294.23	294.23	294.23	294.23
Working Capital	767.61	768.56	599.32	550.91	442.46	393.83
Book Value Per Share	4.09	4.09	3.41	3.20	2.94	2.94
Tangible Book Value	1,156	1,160	956.96	893.31	816.05	815.51
Tangible Book Value Per Share	3.94	3.94	3.25	3.04	2.77	2.77
Buildings	-	330.97	304.15	-	307.14	322.88
Machinery	-	116.7	118.32	-	95.46	97.09
Construction In Progress	-	15.72	30.27	0.57	2.71	28.78

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