SHE:300853 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	186.8	260.31	377.12	484.08	690.74	348.01
Trading Asset Securities	104.95	-	4	31.78	-	3.5
Cash & Short-Term Investments	291.75	260.31	381.12	515.85	690.74	351.51
Cash Growth	-15.73%	-31.70%	-26.12%	-25.32%	96.51%	-40.67%
Accounts Receivable	210.47	241.43	383.03	652.97	742.12	785.29
Other Receivables	9.26	34.29	8.47	5.06	6.27	6.46
Receivables	219.73	275.72	391.51	658.03	748.39	791.75
Inventory	260.92	215.06	122.08	123.64	202.14	111.98
Prepaid Expenses	-	-	0.34	0.37	0.75	0.63
Other Current Assets	65.65	122.11	101.68	31.99	28.51	17.57
Total Current Assets	838.06	873.2	996.73	1,330	1,671	1,273
Property, Plant & Equipment	503.18	510.57	532.43	492.17	381.26	325.28
Long-Term Investments	93.75	94.92	78.68	35.58	20.96	20.96
Other Intangible Assets	32.3	32.93	35.47	36.43	26.16	24.98
Long-Term Accounts Receivable	-	-	36.03	47.19	70.84	94.31
Long-Term Deferred Tax Assets	47.46	49.45	53.89	52.48	34.35	9.44
Long-Term Deferred Charges	1.69	1.81	1.34	0.7	2.89	4.9
Other Long-Term Assets	55.66	45.14	-	1.07	2.68	11.63
Total Assets	1,572	1,608	1,735	1,995	2,210	1,765
Accounts Payable	268.15	275.95	225	267.62	371.61	340.89
Accrued Expenses	8.41	9.88	13.09	16.12	41.54	55.97
Short-Term Debt	24.01	29.01	102.68	28.11	-	-
Current Portion of Long-Term Debt	0.21	8.1	4.12	2.06	1.24	-
Current Portion of Leases	-	-	1.4	14.46	8.02	8.94
Current Income Taxes Payable	0.69	3.64	0	-	5.05	23.48
Current Unearned Revenue	82.55	38.3	8.18	15.15	12.27	4.3
Other Current Liabilities	2.84	32.28	3.62	1.45	1.55	13.82
Total Current Liabilities	386.87	397.16	358.09	344.97	441.28	447.39
Long-Term Debt	535.49	528.47	500.14	469.93	439.61	-
Long-Term Leases	9.08	8.87	9.2	8.8	7.05	12.85
Long-Term Deferred Tax Liabilities	-	-	-	0.19	-	-
Total Liabilities	931.45	934.5	867.42	823.88	887.94	460.24
Common Stock	146.95	146.95	146.94	146.94	146.94	146.93
Additional Paid-In Capital	553.11	553.1	554.26	554.18	554.1	552.37
Retained Earnings	-126.66	-94.26	99.67	366.23	496.46	605.39
Treasury Stock	-60.64	-60.64	-60.64	-19.98	-	-
Comprehensive Income & Other	124.17	124.17	124.22	124.23	124.23	-
Total Common Equity	636.93	669.32	864.45	1,172	1,322	1,305
Minority Interest	3.72	4.21	2.69	-	-	-
Shareholders' Equity	640.65	673.53	867.14	1,172	1,322	1,305
Total Liabilities & Equity	1,572	1,608	1,735	1,995	2,210	1,765
Total Debt	568.8	574.45	617.54	523.36	455.91	21.79
Net Cash (Debt)	-277.04	-314.14	-236.41	-7.51	234.83	329.72
Net Cash Growth	-	-	-	-	-28.78%	-39.22%
Net Cash Per Share	-1.89	-2.14	-1.63	-0.05	1.59	2.25
Filing Date Shares Outstanding	147.25	148	143.84	146.09	146.94	146.93
Total Common Shares Outstanding	147.25	148	143.84	146.09	146.94	146.93
Working Capital	451.19	476.04	638.64	984.91	1,229	826.04
Book Value Per Share	4.33	4.52	6.01	8.02	9.00	8.88
Tangible Book Value	604.62	636.39	828.98	1,135	1,296	1,280
Tangible Book Value Per Share	4.11	4.30	5.76	7.77	8.82	8.71
Buildings	-	-	537	212.17	212.17	210.84
Machinery	-	-	110.24	94.9	92.91	74.23
Construction In Progress	-	-	3.52	254.56	127.72	59.57

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