SHE:300730 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	Dec '21 Dec 31, 2021
Cash & Equivalents	19.74	113.84	100.67	194.64	225.85	189.59
Cash & Short-Term Investments	19.74	113.84	100.67	194.64	225.85	189.59
Cash Growth	-67.81%	13.07%	-48.28%	-13.82%	19.13%	1.73%
Accounts Receivable	122.72	156.76	206.66	249.37	350.13	287.26
Other Receivables	7.84	7.97	7.91	8.45	8.02	11.27
Receivables	130.56	164.72	214.57	257.82	358.15	298.53
Inventory	189	171.42	292.66	276.36	121.71	146.57
Other Current Assets	75.6	70.06	25.99	28.55	12.12	10.79
Total Current Assets	414.9	520.04	633.9	757.36	717.84	645.48
Property, Plant & Equipment	59.52	60.96	64.17	64.61	69.6	72.45
Long-Term Investments	0.82	0.15	0.15	0.14	-	-
Other Intangible Assets	13.66	14.08	15.84	16.02	17.28	15.84
Long-Term Accounts Receivable	-	-	32.83	49.09	63.62	46.08
Long-Term Deferred Tax Assets	34.97	36.18	27.29	25.46	8.04	6.12
Other Long-Term Assets	40.94	40.99	24.9	28.12	33.73	43.53
Total Assets	564.81	672.41	799.08	940.8	910.11	829.51
Accounts Payable	55.7	64.95	84.31	178.09	98.18	98.93
Accrued Expenses	7.5	15.91	31.04	31.15	32.84	39.17
Short-Term Debt	148.1	224.24	173.03	233.19	161.86	55
Current Portion of Long-Term Debt	24	8	15	2	-	-
Current Portion of Leases	-	-	0.28	0.24	0.66	0.35
Current Income Taxes Payable	2	5.53	0.26	0.23	3.31	1.66
Current Unearned Revenue	137.95	132.85	138.45	90.56	47.34	94.03
Other Current Liabilities	17.54	18.27	5.78	7.14	8.87	11.6
Total Current Liabilities	392.79	469.76	448.15	542.6	353.06	300.74
Long-Term Debt	-	16	24	7	-	-
Long-Term Leases	-	-	0.01	0.06	1.13	0.39
Long-Term Unearned Revenue	1.79	2.14	3.51	4.88	6.56	10.13
Long-Term Deferred Tax Liabilities	-	-	0.05	0.05	-	-
Other Long-Term Liabilities	2.81	4.45	5.86	5.67	12.81	13.1
Total Liabilities	397.39	492.35	481.57	560.27	373.56	324.36
Common Stock	241.14	241.14	241.14	241.03	240.43	159.67
Additional Paid-In Capital	39.81	39.81	39.81	39.03	35.1	101.65
Retained Earnings	-121.95	-109.27	28.57	92.39	257.63	243.29
Treasury Stock	-	-	-	-	-4.46	-8.3
Total Common Equity	159	171.67	309.51	372.45	528.71	496.3
Minority Interest	8.42	8.39	8	8.07	7.85	8.84
Shareholders' Equity	167.42	180.06	317.51	380.53	536.56	505.15
Total Liabilities & Equity	564.81	672.41	799.08	940.8	910.11	829.51
Total Debt	172.1	248.24	212.32	242.49	163.65	55.74
Net Cash (Debt)	-152.36	-134.4	-111.64	-47.85	62.2	133.85
Net Cash Growth	-	-	-	-	-53.53%	-24.10%
Net Cash Per Share	-0.62	-0.56	-0.45	-0.20	0.26	0.56
Filing Date Shares Outstanding	253.5	231.75	241.14	241.03	240.43	239.51
Total Common Shares Outstanding	253.5	231.75	241.14	241.03	240.43	239.51
Working Capital	22.11	50.28	185.75	214.75	364.78	344.75
Book Value Per Share	0.63	0.74	1.28	1.55	2.20	2.07
Tangible Book Value	145.34	157.59	293.67	356.44	511.43	480.46
Tangible Book Value Per Share	0.57	0.68	1.22	1.48	2.13	2.01
Buildings	-	-	69.13	69.13	69.13	69.13
Machinery	-	-	43.81	40.27	42.11	41.05

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