SHE:300710 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	122.94	111.54	88.15	98.95	78.65	134.91
Short-Term Investments	-	-	-	-	9.13	7.56
Trading Asset Securities	9.17	8.91	11.37	16	39.17	71.94
Cash & Short-Term Investments	132.12	120.45	99.52	114.95	126.94	214.41
Cash Growth	3.97%	21.03%	-13.42%	-9.45%	-40.79%	-2.73%
Accounts Receivable	145.82	172.33	244.68	236.68	243.3	376.5
Other Receivables	4.73	4.54	0.54	1.08	1.14	0.47
Receivables	150.55	176.88	245.22	237.76	244.43	376.98
Inventory	36.9	41.35	39.7	58.25	90.14	126.22
Other Current Assets	13.68	14.22	20.72	18.84	8.89	2.44
Total Current Assets	333.25	352.89	405.15	429.8	470.41	720.05
Property, Plant & Equipment	127.82	130.77	137.87	116.59	84.08	55.88
Long-Term Investments	44.23	44.23	72.17	274.87	259.85	89.75
Goodwill	24.6	24.6	33.51	39.97	39.97	98.79
Other Intangible Assets	18.36	18.63	19.62	20.69	22.34	21.74
Long-Term Deferred Tax Assets	5.62	5.75	6.65	5.65	3.99	6.18
Long-Term Deferred Charges	4.61	4.85	3.76	0.97	0.52	1.52
Other Long-Term Assets	-	-	-	5.71	6.37	9.32
Total Assets	558.5	581.71	678.73	894.25	887.52	1,003
Accounts Payable	62.37	72.94	89.91	57.1	81.25	221.19
Accrued Expenses	9.9	11.5	12.92	12.77	15.88	23.81
Short-Term Debt	11.21	12.21	51.24	113.13	95.63	15.02
Current Portion of Long-Term Debt	0.6	0.6	-	-	-	-
Current Portion of Leases	-	-	0.39	0.91	0.44	10.25
Current Income Taxes Payable	2.11	3.18	4.46	7.92	10.09	5.64
Current Unearned Revenue	2.79	2.2	2.34	8.32	6.87	7.6
Other Current Liabilities	5.95	5.43	12.16	4.12	5.96	11.79
Total Current Liabilities	94.93	108.06	173.42	204.27	216.12	295.3
Long-Term Leases	0.62	0.62	-	0.95	-	2.61
Long-Term Unearned Revenue	-	-	0	0.03	0.05	0.08
Long-Term Deferred Tax Liabilities	5.51	5.51	10.46	6.36	0.05	11.26
Total Liabilities	101.07	114.2	183.88	211.61	216.22	309.24
Common Stock	99.49	99.49	99.49	99.49	99.49	68.61
Additional Paid-In Capital	299.29	299.29	299.29	299.29	299.29	330.17
Retained Earnings	18.29	27.4	42.47	241.12	251.05	272.58
Comprehensive Income & Other	16.3	16.3	31.37	19.09	-	-
Total Common Equity	433.37	442.48	472.63	658.99	649.83	671.37
Minority Interest	24.06	25.03	22.22	23.65	21.47	22.62
Shareholders' Equity	457.43	467.51	494.85	682.64	671.3	693.99
Total Liabilities & Equity	558.5	581.71	678.73	894.25	887.52	1,003
Total Debt	12.43	13.43	51.63	114.99	96.07	27.88
Net Cash (Debt)	119.68	107.02	47.89	-0.04	30.87	186.53
Net Cash Growth	58.63%	123.45%	-	-	-83.45%	85.48%
Net Cash Per Share	1.20	1.08	0.48	-0.00	0.31	1.87
Filing Date Shares Outstanding	99.54	99.41	99.49	99.49	99.49	99.49
Total Common Shares Outstanding	99.54	99.41	99.49	99.49	99.49	99.49
Working Capital	238.32	244.83	231.73	225.52	254.28	424.76
Book Value Per Share	4.35	4.45	4.75	6.62	6.53	6.75
Tangible Book Value	390.41	399.25	419.5	598.33	587.52	550.84
Tangible Book Value Per Share	3.92	4.02	4.22	6.01	5.91	5.54
Buildings	-	-	138.97	66.94	2.37	2.4
Machinery	-	-	39.05	39.18	17.11	80.04
Construction In Progress	-	-	-	32.3	66.55	0.42

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