SHE:300718 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	204.32	187.3	271.15	561.61	91.72	127.54
Short-Term Investments	109.21	134.15	70.65	-	-	-
Trading Asset Securities	296.71	337.24	213.35	210.78	443.67	478.1
Cash & Short-Term Investments	610.25	658.69	555.15	772.39	535.39	605.63
Cash Growth	49.41%	18.65%	-28.13%	44.27%	-11.60%	-5.01%
Accounts Receivable	350.63	410.94	362.83	321.65	285.65	253.13
Other Receivables	138.21	12.27	8.11	9.65	9.71	10.57
Receivables	488.84	423.21	370.94	331.3	295.36	263.7
Inventory	237.28	226.13	204.08	199.61	210.06	181.68
Other Current Assets	38.12	4.79	5.07	7.8	10.12	5.3
Total Current Assets	1,374	1,313	1,135	1,311	1,051	1,056
Property, Plant & Equipment	466.01	465.94	501.79	536.4	516.23	492.26
Long-Term Investments	262.34	285.35	382.03	36.09	39.41	26.03
Other Intangible Assets	50.13	50.71	52.68	54.01	40.32	39.34
Long-Term Deferred Tax Assets	1.64	2.71	2.07	2.35	14.47	9.26
Long-Term Deferred Charges	0.34	0.42	0.84	1.26	1.39	-
Other Long-Term Assets	32.74	13.52	15.07	16.59	25.22	24.85
Total Assets	2,188	2,131	2,090	1,958	1,688	1,648
Accounts Payable	107.58	105.36	105.08	105.25	81.1	109.98
Accrued Expenses	43.4	69.55	63.85	57.75	50.8	49.85
Short-Term Debt	80.03	65.63	140.65	94.95	24.43	18.02
Current Portion of Long-Term Debt	4.8	4.8	9.58	9.28	6.34	1.34
Current Portion of Leases	-	3.52	3.36	4.15	3.06	0.95
Current Income Taxes Payable	17.19	13.56	13.4	10.6	10.85	8.05
Current Unearned Revenue	6.21	6.93	2.93	4.7	2.51	3.08
Other Current Liabilities	0.89	1.17	4.72	4.98	2.61	2.96
Total Current Liabilities	260.1	270.51	343.57	291.65	181.7	194.24
Long-Term Debt	-	-	4.79	14.37	23.65	22.43
Long-Term Leases	-	-	3.52	6.87	10.08	-
Long-Term Unearned Revenue	9.58	10.04	12.95	13.38	14.25	8.97
Long-Term Deferred Tax Liabilities	5.77	5.26	5.6	6.1	1.42	11.53
Total Liabilities	275.46	285.81	370.43	332.39	231.1	237.17
Common Stock	298.78	298.78	298.78	298.87	298.01	297.22
Additional Paid-In Capital	416.69	416.69	416.69	417.14	334.09	323.96
Retained Earnings	1,126	1,065	931.06	821.71	733.98	735.92
Treasury Stock	-40.08	-40.08	-20.03	-0.43	-0.83	-1.26
Comprehensive Income & Other	1.99	1.31	0.04	-0.17	0.22	-0.04
Total Common Equity	1,803	1,741	1,627	1,537	1,365	1,356
Minority Interest	109.15	104.29	92.75	88.31	91.39	55.06
Shareholders' Equity	1,912	1,846	1,719	1,625	1,457	1,411
Total Liabilities & Equity	2,188	2,131	2,090	1,958	1,688	1,648
Total Debt	84.83	73.95	161.89	129.63	67.56	42.75
Net Cash (Debt)	525.42	584.74	393.26	642.77	467.83	562.89
Net Cash Growth	61.45%	48.69%	-38.82%	37.39%	-16.89%	-11.72%
Net Cash Per Share	1.75	1.96	1.32	2.15	1.56	1.89
Filing Date Shares Outstanding	297.14	297.14	297.14	298.11	298.01	297.22
Total Common Shares Outstanding	297.14	297.14	297.14	298.11	298.01	297.22
Working Capital	1,114	1,042	791.67	1,019	869.23	862.07
Book Value Per Share	6.07	5.86	5.47	5.16	4.58	4.56
Tangible Book Value	1,753	1,691	1,574	1,483	1,325	1,316
Tangible Book Value Per Share	5.90	5.69	5.30	4.98	4.45	4.43
Buildings	-	306.23	304.97	243.36	256.04	237.18
Machinery	-	613.54	586.26	570.96	530.27	468.1
Construction In Progress	-	8	6.84	55.24	11.61	27.93

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