SHE:300717 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	Jan '22 Jan 1, 2022
Cash & Equivalents	213.4	231.29	193.53	195.43	168.14	118.72
Cash & Short-Term Investments	213.4	231.29	193.53	195.43	168.14	118.72
Cash Growth	10.50%	19.51%	-0.97%	16.23%	41.63%	-4.31%
Accounts Receivable	153.4	150.72	140.18	119.67	134.66	149.8
Other Receivables	0.25	4.19	9.51	2.62	4.71	0.62
Receivables	153.65	154.91	149.7	122.29	139.37	150.42
Inventory	64.17	66.94	60.47	44.42	62.88	37.24
Other Current Assets	18.96	6.98	4.15	1.13	1.57	3.08
Total Current Assets	450.18	460.12	407.85	363.27	371.96	309.46
Property, Plant & Equipment	494.53	449.91	452.49	335.07	323.07	316.06
Long-Term Investments	1.99	1.99	2.25	1.52	1.31	4.39
Other Intangible Assets	31.48	31.74	32.64	33.47	34.5	25.07
Long-Term Deferred Tax Assets	2.24	2.05	3.57	4.82	1.98	1.93
Other Long-Term Assets	45.35	56.57	29.76	30.66	31.4	33.19
Total Assets	1,026	1,002	928.56	768.81	764.22	690.11
Accounts Payable	93.52	86.3	89.93	53.61	71.31	39.53
Accrued Expenses	3.17	7.86	5.91	9.59	11.89	8.48
Short-Term Debt	148.26	128.51	92.57	-	-	-
Current Income Taxes Payable	3.43	2.14	2.12	3.98	0.02	-
Current Unearned Revenue	8.16	10.2	5	4.72	4.72	4.52
Other Current Liabilities	5.37	16.99	8.27	2.03	5.16	5.82
Total Current Liabilities	261.91	252.01	203.8	73.94	93.1	58.35
Long-Term Unearned Revenue	6.19	6.35	6.93	7.89	7.58	8.57
Long-Term Deferred Tax Liabilities	13.9	13.91	13.29	13.21	10.41	8.55
Total Liabilities	282	272.26	224.02	95.04	111.09	75.47
Common Stock	102.78	102.78	102.78	102.78	102.78	102.4
Additional Paid-In Capital	244.31	244.31	244.31	244.31	244.31	241.05
Retained Earnings	393.33	380.93	356.72	326.68	306.25	271.31
Comprehensive Income & Other	0.47	0.47	0.73	0	-0.2	-0.12
Total Common Equity	740.89	728.48	704.53	673.76	653.13	614.64
Minority Interest	2.87	1.63	-0	-	-	-
Shareholders' Equity	743.76	730.12	704.53	673.76	653.13	614.64
Total Liabilities & Equity	1,026	1,002	928.56	768.81	764.22	690.11
Total Debt	148.26	128.51	92.57	-	-	-
Net Cash (Debt)	65.14	102.78	100.96	195.43	168.14	118.72
Net Cash Growth	-1.19%	1.80%	-48.34%	16.23%	41.63%	-4.31%
Net Cash Per Share	0.64	1.01	0.98	1.91	1.64	1.19
Filing Date Shares Outstanding	103.36	102.78	102.78	102.78	102.78	102.4
Total Common Shares Outstanding	103.36	102.78	102.78	102.78	102.78	102.4
Working Capital	188.27	208.11	204.05	289.32	278.86	251.11
Book Value Per Share	7.17	7.09	6.86	6.56	6.35	6.00
Tangible Book Value	709.41	696.74	671.89	640.29	618.63	589.56
Tangible Book Value Per Share	6.86	6.78	6.54	6.23	6.02	5.76
Buildings	-	286.87	282.42	200.29	198.79	198.79
Machinery	-	323.09	321.16	320.22	317.52	311.43
Construction In Progress	-	128.15	112.44	56.01	24.73	-

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