SHE:300612 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	202.44	263.7	120.86	61.09	56.14	70.46
Trading Asset Securities	-	-	40.05	-	-	-
Cash & Short-Term Investments	202.44	263.7	160.91	61.09	56.14	70.46
Cash Growth	18.51%	63.88%	163.40%	8.82%	-20.33%	-60.06%
Accounts Receivable	90.69	126.81	356.96	403.99	453.46	319.91
Other Receivables	-	-	-	-	-	3.47
Receivables	90.69	126.81	356.96	403.99	453.46	323.39
Inventory	135.3	123.55	74.06	72.15	78.03	69.47
Other Current Assets	46.27	41.72	28.53	34.21	33.29	32.47
Total Current Assets	474.7	555.78	620.47	571.43	620.91	495.8
Property, Plant & Equipment	77.26	17.8	20.21	25.64	35.36	47.26
Long-Term Investments	11.26	11.89	22	48.22	144.36	163.7
Goodwill	-	-	32.04	32.04	32.04	32.04
Other Intangible Assets	0.91	1.02	6.33	15.22	24.65	34.13
Long-Term Deferred Tax Assets	19.04	18.86	20.54	18.33	7.22	4.81
Long-Term Deferred Charges	8.99	9.38	12.33	16.13	23.89	0.29
Other Long-Term Assets	-	-	-	-	-	23.28
Total Assets	592.16	614.73	733.93	727.01	888.43	801.31
Accounts Payable	54.93	60.74	111.84	169.32	169.85	128.99
Accrued Expenses	2.89	10.47	21.5	19.01	33.82	15.22
Short-Term Debt	35.02	30.02	30.53	92.58	93.61	40.29
Current Portion of Leases	6.03	5.8	7.1	5.92	6.99	10.65
Current Income Taxes Payable	12.75	10.95	13.59	16.56	14.61	21
Current Unearned Revenue	35.73	31.78	28.68	35.64	30.76	59.34
Other Current Liabilities	3.83	6	23.17	118.88	167.01	183.36
Total Current Liabilities	151.17	155.75	236.4	457.91	516.65	458.83
Long-Term Leases	10.2	11.71	13.34	19.13	28.83	35.82
Long-Term Deferred Tax Liabilities	12.7	13.04	14.76	16.77	12.88	13.98
Total Liabilities	174.08	180.5	264.51	493.8	558.35	508.63
Common Stock	180.45	180.45	180.45	159.04	159.04	159.04
Additional Paid-In Capital	355.48	351.7	313.83	44.41	44.41	44.41
Retained Earnings	-66.29	-46.58	43.23	80.09	157.13	103.66
Treasury Stock	-2.82	-2.82	-2.82	-	-	-
Comprehensive Income & Other	-38.48	-38.28	-55.1	-40.08	-22.05	-9.53
Total Common Equity	428.34	444.47	479.59	243.46	338.53	297.57
Minority Interest	-10.26	-10.24	-10.17	-10.25	-8.45	-4.89
Shareholders' Equity	418.08	434.23	469.42	233.21	330.08	292.68
Total Liabilities & Equity	592.16	614.73	733.93	727.01	888.43	801.31
Total Debt	51.25	47.53	50.97	117.63	129.43	86.75
Net Cash (Debt)	151.19	216.17	109.94	-56.54	-73.29	-16.29
Net Cash Growth	37.76%	96.63%	-	-	-	-
Net Cash Per Share	0.86	1.19	0.63	-0.35	-0.47	-0.10
Filing Date Shares Outstanding	177.49	177.49	177.49	180.1	159.04	159.04
Total Common Shares Outstanding	177.49	177.49	177.49	159.04	159.04	159.04
Working Capital	323.52	400.03	384.06	113.53	104.26	36.96
Book Value Per Share	2.41	2.50	2.70	1.53	2.13	1.87
Tangible Book Value	427.43	443.45	441.22	196.2	281.83	231.4
Tangible Book Value Per Share	2.41	2.50	2.49	1.23	1.77	1.45
Machinery	-	13.67	14.44	18.96	17.59	18.41