SHE:300749 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	189.12	280.19	282.61	349	226.87	290.8
Trading Asset Securities	-	-	-	100	50	50
Cash & Short-Term Investments	189.12	280.19	282.61	449	276.87	340.8
Cash Growth	-16.28%	-0.86%	-37.06%	62.17%	-18.76%	-22.01%
Accounts Receivable	111.72	106.34	95.52	144.39	241.71	286.53
Other Receivables	11.3	9.32	10.41	37.39	39.91	53.3
Receivables	123.02	115.66	105.92	181.78	281.62	339.83
Inventory	111.41	112.62	210.95	243.3	209.91	204.55
Other Current Assets	10.69	10.96	6.48	18.23	9.25	12.1
Total Current Assets	434.23	519.43	605.96	892.31	777.65	897.28
Property, Plant & Equipment	387.21	391.3	443.46	466.79	554.36	512.76
Long-Term Investments	95.23	97.3	48.23	54.03	48.01	49.95
Other Intangible Assets	59.26	60.18	63.39	77.23	86.72	87.8
Long-Term Accounts Receivable	-	-	-	-	2.3	7.15
Long-Term Deferred Tax Assets	34.76	34.76	32.69	45.06	42.29	43.94
Long-Term Deferred Charges	7.58	8.49	17.23	21.08	25.11	16.32
Other Long-Term Assets	124.64	110.99	121.53	125.35	51.3	19.92
Total Assets	1,143	1,222	1,332	1,682	1,588	1,635
Accounts Payable	176.58	231.59	295.81	414.87	347.51	388.11
Accrued Expenses	10.41	21.32	29.72	37.77	70.48	93.57
Short-Term Debt	52.77	20	13.56	-	104.47	161.82
Current Portion of Long-Term Debt	24.97	23.85	14.16	14.26	-	-
Current Portion of Leases	-	-	2.71	5.05	5.44	7.36
Current Income Taxes Payable	3.64	3.5	0.11	2.1	-	6.34
Current Unearned Revenue	45.77	56.59	170.75	209.86	89.51	62.45
Other Current Liabilities	81.61	93.75	112.9	110.96	72.79	80.52
Total Current Liabilities	395.76	450.59	639.72	794.88	690.2	800.17
Long-Term Debt	165.46	172.63	111.15	121.23	127.02	87.45
Long-Term Leases	2.49	0.5	0.86	6.44	13	17.66
Long-Term Unearned Revenue	25.48	26.44	30.29	25.77	29.54	22.63
Long-Term Deferred Tax Liabilities	-	-	-	1.84	1.68	-
Total Liabilities	589.18	650.17	782.02	950.15	861.43	927.91
Common Stock	205.17	205.17	205.17	205.83	206.36	206.9
Additional Paid-In Capital	263.89	263.89	251.03	253.27	256.62	257.47
Retained Earnings	81.61	100.16	91.24	272.63	269.74	244.87
Treasury Stock	-	-	-	-3.04	-5.35	-7.79
Total Common Equity	550.67	569.21	547.45	728.7	727.37	701.45
Minority Interest	3.07	3.06	3	3	-1.05	5.77
Shareholders' Equity	553.74	572.28	550.45	731.7	726.32	707.22
Total Liabilities & Equity	1,143	1,222	1,332	1,682	1,588	1,635
Total Debt	245.68	216.97	142.45	146.98	249.93	274.28
Net Cash (Debt)	-56.56	63.21	140.16	302.02	26.94	66.51
Net Cash Growth	-	-54.90%	-53.59%	1020.87%	-59.49%	-73.91%
Net Cash Per Share	-0.25	0.28	0.68	1.52	0.13	0.32
Filing Date Shares Outstanding	206.02	305.09	205.17	205.83	206.36	206.9
Total Common Shares Outstanding	206.02	305.09	205.17	205.83	206.36	206.9
Working Capital	38.47	68.84	-33.76	97.43	87.45	97.11
Book Value Per Share	2.67	1.87	2.67	3.54	3.52	3.39
Tangible Book Value	491.41	509.03	484.06	651.47	640.65	613.64
Tangible Book Value Per Share	2.39	1.67	2.36	3.17	3.10	2.97
Buildings	-	-	372.68	346.88	391.6	196.05
Machinery	-	-	322.06	324.53	321.86	203
Construction In Progress	-	-	0.97	4.51	32.44	280.34

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