SHE:300807 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	76.6	94.62	83	79.43	114.06	89.65
Trading Asset Securities	10	-	-	-	-	-
Cash & Short-Term Investments	86.6	94.62	83	79.43	114.06	89.65
Cash Growth	54.53%	14.00%	4.50%	-30.36%	27.22%	-49.01%
Accounts Receivable	164.88	181.75	241.84	262.72	264.28	245.66
Other Receivables	1.36	1.81	2.25	3.66	4.86	7.02
Receivables	166.25	183.56	244.09	266.38	269.14	252.68
Inventory	56.42	56.52	93.59	80.56	110.95	152.68
Other Current Assets	8.48	5.3	12.04	8.4	15.38	28.46
Total Current Assets	317.74	340.01	432.72	434.76	509.52	523.47
Property, Plant & Equipment	173.23	175.62	193.28	204	197.81	206.38
Long-Term Investments	12.55	12.78	15.09	14.61	14.87	17.28
Other Intangible Assets	6.57	6.74	7.34	7.44	8.78	9.96
Long-Term Deferred Tax Assets	55.7	56.15	67.21	55.19	41.64	32.86
Long-Term Deferred Charges	3.24	3.55	4.46	4.56	-	-
Other Long-Term Assets	6.59	6.95	1.37	1.37	4.7	2.84
Total Assets	575.61	601.8	721.47	721.94	777.32	792.79
Accounts Payable	44.09	53.6	103.37	76.44	78.5	75.62
Accrued Expenses	3.45	14.15	19.13	14.25	27.21	17.77
Short-Term Debt	41.81	41.7	50	45	55.67	46.6
Current Portion of Long-Term Debt	17.48	17.8	1	1	-	-
Current Portion of Leases	-	0.25	0.33	0.29	-	-
Current Income Taxes Payable	0.82	-	0.01	0.52	0.93	1.26
Current Unearned Revenue	10.49	10.66	35.05	13.71	12.3	42.8
Other Current Liabilities	9.3	5.74	8.2	4.63	7.33	6.37
Total Current Liabilities	127.43	143.9	217.1	155.84	181.94	190.43
Long-Term Debt	-	-	17.8	18.8	-	-
Long-Term Leases	0.15	1.08	1.35	1.68	-	-
Long-Term Unearned Revenue	-	-	-	-	0.35	0.7
Long-Term Deferred Tax Liabilities	0.02	-	0.4	0.49	-	-
Other Long-Term Liabilities	0.77	0.77	0.72	0.62	0.22	-
Total Liabilities	128.37	145.74	237.38	177.43	182.51	191.13
Common Stock	68.04	68.04	68.04	68.04	67.85	67.85
Additional Paid-In Capital	361.27	361.27	361.27	361.27	361.52	359.09
Retained Earnings	19.81	28.54	56.47	115.77	166.19	174.7
Comprehensive Income & Other	-0.52	-0.52	-0.52	-0.25	-0.26	-
Total Common Equity	448.59	457.33	485.26	544.83	595.3	601.65
Minority Interest	-1.36	-1.27	-1.17	-0.33	-0.5	0.02
Shareholders' Equity	447.24	456.06	484.09	544.51	594.81	601.67
Total Liabilities & Equity	575.61	601.8	721.47	721.94	777.32	792.79
Total Debt	59.44	60.83	70.48	66.77	55.67	46.6
Net Cash (Debt)	27.16	33.79	12.52	12.66	58.39	43.05
Net Cash Growth	-	169.97%	-1.12%	-78.32%	35.63%	-73.23%
Net Cash Per Share	0.43	0.50	0.18	0.19	0.89	0.64
Filing Date Shares Outstanding	67.17	68.04	68.04	68.04	67.85	67.85
Total Common Shares Outstanding	67.17	68.04	68.04	68.04	67.85	67.85
Working Capital	190.31	196.11	215.62	278.92	327.58	333.05
Book Value Per Share	6.68	6.72	7.13	8.01	8.77	8.87
Tangible Book Value	442.03	450.59	477.92	537.39	586.52	591.69
Tangible Book Value Per Share	6.58	6.62	7.02	7.90	8.64	8.72
Buildings	-	196.42	201.59	201.39	194.06	194.06
Machinery	-	31.67	51.3	50.79	43.78	42.58

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