SHE:300822 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	440.96	462.47	472.2	497.4	357.35	370.7
Cash & Short-Term Investments	440.96	462.47	472.2	497.4	357.35	370.7
Cash Growth	-6.15%	-2.06%	-5.07%	39.19%	-3.60%	-53.34%
Accounts Receivable	231	263.24	241.04	179.77	299.55	310.26
Other Receivables	1.39	2.09	3.04	3.38	6.94	4.24
Receivables	232.39	265.33	244.07	183.14	306.49	314.5
Inventory	164.68	167.77	175.45	177.14	240.38	333.18
Other Current Assets	46.17	43.14	35.46	41.43	35.28	37.34
Total Current Assets	884.2	938.71	927.18	899.12	939.5	1,056
Property, Plant & Equipment	502.55	509.51	539.75	549.66	524.92	435.16
Long-Term Investments	9.47	2.24	2.91	-	23.54	26.49
Goodwill	-	-	-	-	-	10.83
Other Intangible Assets	49.17	50.08	85.12	97.89	60.66	62.14
Long-Term Deferred Tax Assets	13.14	7.6	6.19	5.46	13.3	19.77
Long-Term Deferred Charges	1.84	0.84	1.92	1.83	2.61	1.84
Other Long-Term Assets	4.87	3.61	0.69	1.66	0.57	8.59
Total Assets	1,465	1,513	1,564	1,556	1,565	1,621
Accounts Payable	132.37	198.12	194.76	166.49	181.15	270.99
Accrued Expenses	21.79	31.54	25.31	20.95	21.49	21.65
Short-Term Debt	2.54	2.93	-	-	-	-
Current Portion of Leases	-	2.65	5.52	7.41	10.25	5.7
Current Income Taxes Payable	3.23	5.16	2.05	1.55	4.89	5.8
Current Unearned Revenue	2	2.18	2.74	3.49	2.95	7.32
Other Current Liabilities	32.45	26.67	47.84	57.05	84.42	76.91
Total Current Liabilities	197	269.25	278.23	256.93	305.15	388.36
Long-Term Leases	2.06	2.62	4.83	9.85	16.29	9.39
Long-Term Unearned Revenue	24.49	25.28	14.3	16.56	9.71	10.1
Long-Term Deferred Tax Liabilities	0	0	4.16	5.95	-	-
Other Long-Term Liabilities	-	-	1.7	-	-	-
Total Liabilities	223.55	297.16	303.22	289.3	331.15	407.85
Common Stock	311.54	311.54	311.54	240.01	160.01	160.01
Additional Paid-In Capital	501.2	501.2	501.2	580.21	580.21	585.22
Retained Earnings	468.5	446.44	465.26	433.85	490.25	468.87
Treasury Stock	-15.05	-15.05	-15.05	-	-	-
Comprehensive Income & Other	-11.34	-7.41	1.95	4.86	4.85	-1.25
Total Common Equity	1,255	1,237	1,265	1,259	1,235	1,213
Minority Interest	-13.16	-21.29	-4.36	7.39	-1.37	-0.14
Shareholders' Equity	1,242	1,215	1,261	1,266	1,234	1,213
Total Liabilities & Equity	1,465	1,513	1,564	1,556	1,565	1,621
Total Debt	7.23	8.2	10.35	17.26	26.53	15.09
Net Cash (Debt)	433.73	454.27	461.85	480.14	330.82	355.6
Net Cash Growth	-5.74%	-1.64%	-3.81%	45.14%	-6.97%	-55.24%
Net Cash Per Share	1.40	1.47	1.49	1.54	1.06	1.14
Filing Date Shares Outstanding	309.84	309.96	309.96	312.01	312.01	312.01
Total Common Shares Outstanding	309.84	309.96	309.96	312.01	312.01	312.01
Working Capital	687.2	669.46	648.95	642.19	634.35	667.37
Book Value Per Share	4.05	3.99	4.08	4.03	3.96	3.89
Tangible Book Value	1,206	1,187	1,180	1,161	1,175	1,140
Tangible Book Value Per Share	3.89	3.83	3.81	3.72	3.76	3.65
Buildings	-	438.5	441.62	315.81	306.08	156.8
Machinery	-	246.59	244.07	233.63	230.04	185.32
Construction In Progress	-	10.22	-	109.88	53.73	135.02

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