SHE:300605 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	79.16	-	93.2	131.35	112.42	95.13
Trading Asset Securities	-	-	55.03	73.55	0.54	0.38
Cash & Short-Term Investments	79.16	-	148.24	204.91	112.96	95.51
Cash Growth	-52.49%	-	-27.66%	81.40%	18.27%	-14.06%
Accounts Receivable	728.17	-	717.61	716.46	618.92	496.39
Other Receivables	20.97	-	36.7	36.34	38.86	44.59
Receivables	749.13	-	754.31	752.81	657.78	540.98
Inventory	130.44	-	194.64	87.3	109.3	231.08
Prepaid Expenses	-	-	-	-	0.24	0.74
Other Current Assets	33.44	-	32.02	9.3	23.08	19.55
Total Current Assets	992.17	-	1,129	1,054	903.36	887.85
Property, Plant & Equipment	100.57	-	106.28	140.94	123.89	80.47
Long-Term Investments	3.38	-	2.36	2.39	8.37	8.29
Goodwill	0.94	-	0.94	0.94	0.94	0.94
Other Intangible Assets	101.45	-	68.59	16.86	12.36	6.7
Long-Term Accounts Receivable	-	-	29.16	73.68	44.79	65.74
Long-Term Deferred Tax Assets	37.44	-	36.14	21.66	21.86	24.55
Long-Term Deferred Charges	14.83	-	48.55	71.81	31.21	15.06
Other Long-Term Assets	42.19	-	30.42	1.6	7.92	-
Total Assets	1,293	-	1,452	1,384	1,155	1,090
Accounts Payable	216.5	-	324.54	279.16	273.32	201.76
Accrued Expenses	8.19	-	12.14	14.46	18.38	21.04
Short-Term Debt	229.79	-	237.19	185.61	203.17	127.19
Current Portion of Leases	-	-	1.04	1.44	0.51	0.77
Current Income Taxes Payable	0.82	-	0.08	0.18	0.91	0.04
Current Unearned Revenue	69.9	-	103.91	53.91	74.33	176.16
Other Current Liabilities	61.06	-	46.57	37.39	30.57	42.09
Total Current Liabilities	587.1	-	725.47	572.15	601.2	569.04
Long-Term Debt	239.85	-	234.57	223.59	-	-
Long-Term Leases	4.49	-	0.53	2.09	0.69	0.53
Long-Term Unearned Revenue	-	-	-	-	0.6	-
Long-Term Deferred Tax Liabilities	1.31	-	0.47	0.79	0.37	0.06
Other Long-Term Liabilities	3.11	-	1.16	-	-	-
Total Liabilities	835.86	-	962.2	798.62	602.86	569.62
Common Stock	165.14	-	164.49	164.48	164.46	164.56
Additional Paid-In Capital	174.5	-	165.27	165.08	164.9	165.44
Retained Earnings	96.91	-	135.77	229.16	218.86	187.78
Treasury Stock	-	-	-	-	-	-0.62
Comprehensive Income & Other	23.06	-	23.94	23.96	-	-
Total Common Equity	459.61	-	489.48	582.68	548.22	517.16
Minority Interest	-2.49	-	-0.03	2.88	3.62	2.81
Shareholders' Equity	457.12	-	489.45	585.56	551.84	519.97
Total Liabilities & Equity	1,293	-	1,452	1,384	1,155	1,090
Total Debt	474.96	-	473.33	412.73	204.37	128.49
Net Cash (Debt)	-395.8	-	-325.1	-207.82	-91.41	-32.97
Net Cash Per Share	-2.38	-	-1.98	-1.23	-0.56	-0.20
Filing Date Shares Outstanding	165.05	172.13	164.49	164.48	164.46	177.14
Total Common Shares Outstanding	165.05	172.13	164.49	164.48	164.46	177.14
Working Capital	405.08	-	403.73	482.16	302.16	318.81
Book Value Per Share	2.78	-	2.98	3.54	3.33	2.92
Tangible Book Value	357.22	-	419.95	564.87	534.92	509.52
Tangible Book Value Per Share	2.16	-	2.55	3.43	3.25	2.88
Buildings	-	-	58.1	89.55	89.55	85.74
Machinery	-	-	85.41	81.03	21.18	18.55
Construction In Progress	-	-	7.69	6.81	44.4	1.69

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