SHE:300626 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	81.92	40.68	68.37	45.61	38.72	154.54
Short-Term Investments	-	36.12	82.86	20.56	41.94	-
Trading Asset Securities	-	-	-	-	0.39	-
Cash & Short-Term Investments	81.92	76.8	151.23	66.17	81.05	154.54
Cash Growth	-34.32%	-49.21%	128.54%	-18.36%	-47.55%	86.62%
Accounts Receivable	189.93	251	250.05	250.37	235.46	317.59
Other Receivables	30.99	-	0.37	0.81	2.1	3.02
Receivables	220.92	251	250.41	251.18	237.56	320.61
Inventory	218.96	208.6	196.39	160.11	175.8	199.16
Other Current Assets	39.13	5.6	3.52	9.38	3.29	7.73
Total Current Assets	560.93	542	601.55	486.84	497.7	682.04
Property, Plant & Equipment	167.14	171.38	171.37	179.16	245.4	243
Long-Term Investments	110.93	113.92	147.5	242.74	323.04	299.63
Other Intangible Assets	15.22	15.42	15.85	16.64	25.87	26.1
Long-Term Deferred Tax Assets	7.79	7.55	9.11	9.81	10.12	6.62
Long-Term Deferred Charges	0.12	-	-	-	-	-
Other Long-Term Assets	26.51	26.02	27.56	22.41	13.92	15.07
Total Assets	888.63	876.28	972.94	957.59	1,116	1,272
Accounts Payable	54.41	69.39	115.06	123.37	48.08	63.07
Accrued Expenses	19.25	28.97	29.56	27.86	28.8	37.08
Short-Term Debt	222.07	199.08	221.21	180.12	288.94	369.12
Current Portion of Long-Term Debt	28.7	29.02	64.05	-	-	-
Current Portion of Leases	-	0.18	-	-	-	-
Current Income Taxes Payable	2.42	0.72	-	0.28	0.44	0.63
Current Unearned Revenue	4.06	3.06	2.88	3.91	6.01	5.43
Other Current Liabilities	3.05	12.66	15.66	39.57	24.4	64.89
Total Current Liabilities	333.96	343.09	448.43	375.1	396.66	540.22
Long-Term Debt	15.01	-	-	50.05	93.02	124.33
Long-Term Leases	0.16	0.2	-	-	-	-
Long-Term Unearned Revenue	5.95	6.24	7.56	8.99	11.9	14.24
Long-Term Deferred Tax Liabilities	1.15	1.15	1.28	1.47	1.67	-
Other Long-Term Liabilities	0.23	0.23	0.22	0.21	0.18	0.47
Total Liabilities	356.45	350.91	457.5	435.82	503.42	679.27
Common Stock	180	180	180	180	180	180
Additional Paid-In Capital	130.16	130.16	130.16	130.16	130.16	130.16
Retained Earnings	222.02	215.21	205.28	211.61	302.48	283.03
Shareholders' Equity	532.18	525.37	515.44	521.77	612.63	593.19
Total Liabilities & Equity	888.63	876.28	972.94	957.59	1,116	1,272
Total Debt	265.94	228.49	285.26	230.17	381.95	493.45
Net Cash (Debt)	-184.02	-151.69	-134.04	-164	-300.9	-338.92
Net Cash Per Share	-1.16	-0.92	-0.82	-0.90	-1.70	-1.86
Filing Date Shares Outstanding	180	180	180	180	180	180
Total Common Shares Outstanding	180	180	180	180	180	180
Working Capital	226.97	198.91	153.12	111.74	101.04	141.82
Book Value Per Share	2.96	2.92	2.86	2.90	3.40	3.30
Tangible Book Value	516.96	509.95	499.59	505.13	586.76	567.09
Tangible Book Value Per Share	2.87	2.83	2.78	2.81	3.26	3.15
Buildings	-	123.74	124.69	127.96	205.97	155.27
Machinery	-	368.48	346.18	333.48	325.18	301.77
Construction In Progress	-	0.93	1.58	1.87	5.11	50.62