SHE:300834 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	189.39	181.09	213.48	450.87	618.64	136.95
Short-Term Investments	-	-	1,189	-	-	-
Trading Asset Securities	609.66	521.11	121.51	274.44	292.09	-
Cash & Short-Term Investments	799.05	702.2	1,524	725.3	910.73	136.95
Cash Growth	-21.12%	-53.93%	110.14%	-20.36%	565.02%	137.81%
Other Receivables	-	-	-	-	0.41	0.6
Receivables	0.94	-	-	-	0.41	0.6
Inventory	216.52	149.46	160.16	133.65	136.51	88.45
Prepaid Expenses	-	-	-	0.06	-	-
Other Current Assets	924.73	941.56	48.86	76.86	81.19	84.9
Total Current Assets	1,941	1,793	1,733	935.87	1,129	310.89
Property, Plant & Equipment	657.16	664.98	695.67	718.69	866.16	482.48
Long-Term Investments	97.2	-	1,279	1,640	-	-
Other Intangible Assets	47.85	48.23	49.11	50.04	50.82	52.01
Long-Term Deferred Tax Assets	0.01	0.01	0.18	0.95	1.01	0.03
Long-Term Deferred Charges	2.19	2.37	4.26	7.09	9.33	5.09
Other Long-Term Assets	1,534	1,611	115.48	119.27	1,340	37.47
Total Assets	4,279	4,120	3,877	3,471	3,396	887.97
Accounts Payable	329.21	256.53	192.22	249.32	372.02	87.03
Accrued Expenses	1.79	3.63	4.27	3.85	3.76	6.72
Short-Term Debt	1,044	904	696	183.92	-	-
Current Portion of Leases	-	-	1.12	2.19	2.53	-
Current Income Taxes Payable	5.42	3.25	5.49	8.79	1.05	12.11
Current Unearned Revenue	12.62	15.88	5.93	6.99	12.5	9.69
Other Current Liabilities	1.7	4.17	3.23	3.69	2.05	1.32
Total Current Liabilities	1,395	1,187	908.27	458.74	393.91	116.86
Long-Term Leases	-	-	-	1.12	3.97	-
Long-Term Unearned Revenue	1.53	1.6	1.9	2.2	2.49	2.79
Long-Term Deferred Tax Liabilities	4.38	3.87	3.77	4.48	4.46	-
Other Long-Term Liabilities	-	-	-	2.94	-	-
Total Liabilities	1,401	1,193	913.94	469.49	404.84	119.65
Common Stock	193.71	193.71	193.71	193.71	193.71	145.28
Additional Paid-In Capital	2,570	2,570	2,570	2,570	2,570	110.21
Retained Earnings	310.19	289.25	297.4	237.86	225.54	511.68
Treasury Stock	-199.81	-129.94	-99.9	-	-	-
Comprehensive Income & Other	4.32	3.36	1.35	0.02	1.66	1.15
Shareholders' Equity	2,879	2,927	2,963	3,002	2,991	768.32
Total Liabilities & Equity	4,279	4,120	3,877	3,471	3,396	887.97
Total Debt	1,044	904	697.12	187.23	6.5	-
Net Cash (Debt)	-244.95	-201.8	827.01	538.07	904.23	136.95
Net Cash Growth	-	-	53.70%	-40.49%	560.28%	137.81%
Net Cash Per Share	-1.31	-1.08	4.34	2.75	4.78	0.94
Filing Date Shares Outstanding	190.33	178.94	188.33	188.33	193.71	193.71
Total Common Shares Outstanding	190.33	178.94	188.33	193.71	193.71	145.28
Working Capital	546.48	605.77	824.88	477.13	734.94	194.03
Book Value Per Share	15.13	16.36	15.73	15.50	15.44	5.29
Tangible Book Value	2,831	2,879	2,914	2,952	2,940	716.31
Tangible Book Value Per Share	14.87	16.09	15.47	15.24	15.18	4.93
Buildings	-	-	339.79	338.17	460.14	172.09
Machinery	-	-	459.74	453.05	446.69	207.35
Construction In Progress	-	-	3.95	2.3	-	134.87

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