SHE:300713 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	53.03	47.84	62.83	66.71	86.73	143.51
Short-Term Investments	-	9.92	-	-	-	-
Trading Asset Securities	7.23	20.78	29.6	17.57	34.27	108.02
Cash & Short-Term Investments	60.25	78.54	92.43	84.27	121	251.53
Cash Growth	-28.33%	-15.03%	9.68%	-30.35%	-51.89%	6.69%
Accounts Receivable	193.27	225.41	212.28	249.23	298.31	227.61
Other Receivables	28.14	2.64	0.92	1.48	1.45	2.19
Receivables	221.42	228.06	213.2	250.71	299.76	229.8
Inventory	128.53	106.43	103.41	64.49	97.19	102.11
Prepaid Expenses	-	26.15	32.94	28.28	31.65	23.42
Other Current Assets	29.08	0.42	0.61	0.28	0.82	1.17
Total Current Assets	439.29	439.59	442.59	428.03	550.41	608.03
Property, Plant & Equipment	439.19	445.41	475.37	410.92	340.73	228.14
Long-Term Investments	12.48	13.15	11.53	22.26	22.86	11.14
Goodwill	0.02	0.02	2.94	-	-	-
Other Intangible Assets	74.37	75.52	79.09	81.95	86.17	90.91
Long-Term Accounts Receivable	-	0.57	0.66	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	20.56
Long-Term Deferred Charges	6.11	5.98	9.99	7.73	8.76	9.7
Other Long-Term Assets	0.58	0.02	2.07	11.49	25.83	19.79
Total Assets	972.03	980.25	1,024	962.38	1,035	988.26
Accounts Payable	221.02	194.23	181.57	120.37	193.78	153.59
Accrued Expenses	9.6	19.93	24.2	19.02	28.94	17.42
Short-Term Debt	33.07	25.39	36.98	14.88	-	-
Current Portion of Long-Term Debt	29.67	16.04	8.58	4.89	3.18	-
Current Portion of Leases	-	1.2	3.03	3.29	0.98	0.72
Current Income Taxes Payable	2.23	-	-	-	-	-
Current Unearned Revenue	9.11	9.92	8.14	6.59	7.04	6.09
Other Current Liabilities	82.7	97.78	85.79	70.57	88.97	37.16
Total Current Liabilities	387.4	364.49	348.29	239.6	322.89	214.97
Long-Term Debt	124.51	134.12	89.9	49.43	27.01	31.78
Long-Term Leases	3.76	4.05	2.11	4.36	1.36	1.65
Long-Term Unearned Revenue	9.71	10.15	11.87	11.31	6.31	6.74
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.4
Other Long-Term Liabilities	4.39	5.03	5.48	6.22	-	-
Total Liabilities	529.77	517.84	457.65	310.91	357.58	255.54
Common Stock	158.72	158.72	158.72	158.72	157.78	157.78
Additional Paid-In Capital	358.07	358.07	355.83	358.83	343.28	339.87
Retained Earnings	-73.35	-54.13	40.43	130.08	170.86	231.55
Total Common Equity	443.44	462.67	554.98	647.63	671.92	729.2
Minority Interest	-1.18	-0.26	11.62	3.83	5.27	3.52
Shareholders' Equity	442.26	462.41	566.59	651.47	677.18	732.72
Total Liabilities & Equity	972.03	980.25	1,024	962.38	1,035	988.26
Total Debt	191.02	180.79	140.6	76.84	32.53	34.15
Net Cash (Debt)	-130.76	-102.26	-48.16	7.44	88.47	217.38
Net Cash Growth	-	-	-	-91.59%	-59.30%	-0.18%
Net Cash Per Share	-0.82	-0.65	-0.30	0.05	0.55	1.38
Filing Date Shares Outstanding	158.72	158.72	158.72	158.72	157.78	157.78
Total Common Shares Outstanding	158.72	158.72	158.72	158.72	157.78	157.78
Working Capital	51.89	75.11	94.3	188.43	227.52	393.05
Book Value Per Share	2.79	2.91	3.50	4.08	4.26	4.62
Tangible Book Value	369.05	387.13	472.95	565.68	585.75	638.29
Tangible Book Value Per Share	2.33	2.44	2.98	3.56	3.71	4.05
Buildings	-	351.16	367.16	172.95	155.44	157.45
Machinery	-	78.8	80.22	67.65	63.87	52.5
Construction In Progress	-	118.71	104.36	219.06	155.73	37.55