SHE:300651 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	327.3	185.4	210.09	239.18	139.95	141.41
Trading Asset Securities	256.1	418.99	312.37	250.75	203.76	-
Cash & Short-Term Investments	583.39	604.39	522.47	489.93	343.71	141.41
Cash Growth	18.61%	15.68%	6.64%	42.54%	143.05%	97.27%
Accounts Receivable	78.93	85.96	72.99	83.45	135.4	184.04
Other Receivables	13.82	13.21	9.91	6.8	12.36	15.04
Receivables	92.75	99.16	82.9	90.25	147.76	199.08
Inventory	181.95	164.63	177.36	181.99	181.09	172.09
Other Current Assets	49.76	49.4	34.83	29.62	44.27	178.26
Total Current Assets	907.85	917.58	817.56	791.79	716.84	690.84
Property, Plant & Equipment	241.2	248.69	275.31	302.63	347.57	381.96
Long-Term Investments	78.14	83.55	76.88	78.22	70.82	65.72
Other Intangible Assets	44.6	44.95	46.52	48.11	49.71	51.23
Long-Term Deferred Tax Assets	11.52	11.99	10.99	14.4	15.71	13.34
Long-Term Deferred Charges	5.72	4.5	3.52	1.95	2.65	3.33
Other Long-Term Assets	61.26	62.41	69.73	74.77	74.81	46.49
Total Assets	1,350	1,374	1,301	1,312	1,278	1,253
Accounts Payable	61.36	64.12	74.5	107.46	93.4	101.35
Accrued Expenses	6.84	9.16	18.71	24.02	24.77	23.07
Short-Term Debt	-	-	-	0.76	-	10.01
Current Portion of Long-Term Debt	0.94	1.25	7.13	3.56	1.9	-
Current Portion of Leases	-	-	1.44	3.22	2.98	2.22
Current Income Taxes Payable	10.41	14.16	1.19	7.29	6.78	4.72
Current Unearned Revenue	111.8	105.39	77.76	61.37	88.17	95.7
Other Current Liabilities	26.87	33.11	21.96	20.45	27.71	29.63
Total Current Liabilities	218.22	227.18	202.69	228.14	245.71	266.71
Long-Term Debt	-	-	242.28	237.15	228.75	219.1
Long-Term Leases	10.75	10.75	2.13	1.29	4.4	4.08
Long-Term Unearned Revenue	5.31	5.54	8.68	6.75	5.75	3.62
Long-Term Deferred Tax Liabilities	4.79	4.58	7.22	8.01	7.84	7.2
Other Long-Term Liabilities	5.48	5.48	-	-	-	-
Total Liabilities	244.55	253.52	463	481.34	492.46	500.7
Common Stock	141.21	141.21	128.75	128.75	128.75	128.75
Additional Paid-In Capital	467.52	464.39	197.27	197.11	199.79	199.11
Retained Earnings	485.43	502.09	460.55	453.1	400.9	375.3
Comprehensive Income & Other	-	-	36.07	36.09	36.1	36.1
Total Common Equity	1,094	1,108	822.65	815.05	765.54	739.26
Minority Interest	11.57	12.46	14.87	15.48	20.1	12.94
Shareholders' Equity	1,106	1,120	837.51	830.54	785.64	752.21
Total Liabilities & Equity	1,350	1,374	1,301	1,312	1,278	1,253
Total Debt	11.69	11.99	252.97	245.99	238.04	235.41
Net Cash (Debt)	571.7	592.39	269.49	243.94	105.67	-94
Net Cash Growth	134.35%	119.82%	10.47%	130.85%	-	-
Net Cash Per Share	4.47	4.38	2.11	1.91	0.82	-0.72
Filing Date Shares Outstanding	140.48	148.65	128.75	128.75	128.75	128.75
Total Common Shares Outstanding	140.48	148.65	128.75	128.75	128.75	128.75
Working Capital	689.64	690.39	614.87	563.65	471.13	424.13
Book Value Per Share	7.79	7.45	6.39	6.33	5.95	5.74
Tangible Book Value	1,050	1,063	776.13	766.94	715.83	688.03
Tangible Book Value Per Share	7.47	7.15	6.03	5.96	5.56	5.34
Buildings	-	-	267.55	266.42	301.3	301.3
Machinery	-	-	244.24	209.41	197.64	188.42
Construction In Progress	-	-	4.69	36.05	30.21	43.15

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