SHE:300859 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	236.77	299.94	281.41	311.8	233.3	259.34
Cash & Short-Term Investments	236.77	299.94	281.41	311.8	233.3	259.34
Cash Growth	-9.58%	6.58%	-9.75%	33.65%	-10.04%	2.50%
Accounts Receivable	3.75	2.86	2.02	3.14	5.56	1.83
Other Receivables	2.49	2.06	1.12	0.62	0.87	0.83
Receivables	6.24	4.92	3.14	3.76	6.44	2.65
Inventory	3.79	3.26	2.68	1.18	1.09	1.01
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	25.53	25.1	24.48	6.62	2.32	4.73
Total Current Assets	272.33	333.22	311.71	323.35	243.15	267.74
Property, Plant & Equipment	439.13	449.04	443.38	234.62	211.13	236.15
Long-Term Investments	99.7	100.22	96.61	92.41	85.78	86.37
Other Intangible Assets	108.47	110.02	116.97	123.43	125.86	132.64
Long-Term Deferred Tax Assets	0.78	0.99	0.86	0.93	0.91	0.48
Long-Term Deferred Charges	119.97	121.94	106.13	0.02	-	-
Other Long-Term Assets	10.1	10.18	14.57	7.5	16.3	10.52
Total Assets	1,050	1,126	1,090	782.26	683.13	733.9
Accounts Payable	30.28	74.11	74.47	6.84	9.43	8.34
Accrued Expenses	9.97	16.01	12.23	17.57	2.29	6.12
Current Portion of Long-Term Debt	39.26	50.12	17.6	-	37.05	9.97
Current Portion of Leases	-	3.76	3.74	1.65	0.18	0.16
Current Income Taxes Payable	0.54	0.07	0.55	0.85	-	0
Current Unearned Revenue	1.27	1.01	1.05	0.94	0.29	0.17
Other Current Liabilities	13.68	10.49	12.07	5.02	3.69	3.87
Total Current Liabilities	94.99	155.56	121.71	32.86	52.94	28.64
Long-Term Debt	103.89	90.34	106.98	-	-	50.07
Long-Term Leases	68.86	68.29	72.17	6	1.29	1.37
Long-Term Unearned Revenue	10.81	11.12	12.4	13.97	15.55	17.28
Long-Term Deferred Tax Liabilities	0.07	0.07	0.09	0.15	0.09	0.13
Total Liabilities	278.61	325.37	313.34	52.99	69.87	97.49
Common Stock	155	155	155	155	155	155
Additional Paid-In Capital	292.69	292.69	296.84	296.84	296.84	296.84
Retained Earnings	306.92	333.62	305.44	265.42	159.84	184.64
Comprehensive Income & Other	0.49	0.36	0.31	0.27	0.22	0.15
Total Common Equity	755.11	781.67	757.59	717.53	611.89	636.63
Minority Interest	16.76	18.56	19.31	11.74	1.36	-0.23
Shareholders' Equity	771.86	800.24	776.89	729.27	613.26	636.41
Total Liabilities & Equity	1,050	1,126	1,090	782.26	683.13	733.9
Total Debt	212.01	212.51	200.5	7.65	38.52	61.58
Net Cash (Debt)	24.76	87.43	80.91	304.14	194.78	197.77
Net Cash Growth	-52.26%	8.06%	-73.40%	56.15%	-1.51%	13.98%
Net Cash Per Share	0.16	0.56	0.52	1.96	1.26	1.25
Filing Date Shares Outstanding	157.04	155	155	155	155	155
Total Common Shares Outstanding	157.04	155	155	155	155	155
Working Capital	177.34	177.66	190	290.49	190.21	239.1
Book Value Per Share	4.81	5.04	4.89	4.63	3.95	4.11
Tangible Book Value	646.64	671.65	640.62	594.1	486.03	503.99
Tangible Book Value Per Share	4.12	4.33	4.13	3.83	3.14	3.25
Buildings	-	198.44	197.38	188.93	179.37	179.21
Machinery	-	439.52	373.2	246.61	213.35	101.42
Construction In Progress	-	3.25	26.71	0.04	-	3.06

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