SHE:300880 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	476.67	697.71	687.93	540.33	398.36	228.26
Short-Term Investments	-	-	10.79	-	-	-
Trading Asset Securities	65.39	20.08	30.01	50.01	68.72	160.53
Cash & Short-Term Investments	542.06	717.79	728.73	590.34	467.08	388.8
Cash Growth	-11.56%	-1.50%	23.44%	26.39%	20.13%	-22.57%
Accounts Receivable	377.13	290.82	350.64	344.89	328.01	352.24
Other Receivables	5.65	0.92	6.11	5.06	4.62	8.47
Receivables	382.78	291.75	356.74	349.96	332.63	360.71
Inventory	80.82	60.9	80.66	52.36	85.19	59.77
Prepaid Expenses	-	-	-	-	2.13	-
Other Current Assets	18.69	12.89	13.48	16.41	8.02	33.11
Total Current Assets	1,024	1,083	1,180	1,009	895.05	842.38
Property, Plant & Equipment	303.7	301.42	233.9	242.56	248.79	145.26
Long-Term Investments	0.83	0.93	114.66	10.46	10.14	-
Other Intangible Assets	78.77	79.46	25.58	26.41	26.84	25.71
Long-Term Deferred Tax Assets	6.16	5.36	7.43	7.07	6.93	4.82
Long-Term Deferred Charges	0.04	0.04	0.06	0.07	-	-
Other Long-Term Assets	229.67	87.05	56.21	2.34	3.95	13.93
Total Assets	1,644	1,558	1,617	1,298	1,192	1,032
Accounts Payable	345.3	333	448.89	330.81	295.26	270.59
Accrued Expenses	15.9	24.15	22.65	18.4	17.17	18.04
Short-Term Debt	3	4	-	-	-	-
Current Portion of Long-Term Debt	-	0.03	-	-	-	-
Current Portion of Leases	1.53	1.32	1.5	1.12	1.83	1.83
Current Income Taxes Payable	8.69	0.07	2.37	7.48	9.79	5.4
Current Unearned Revenue	5.7	5.99	4.44	2.35	1.42	5.59
Other Current Liabilities	41.36	7.9	14.13	7.19	11.78	2.8
Total Current Liabilities	421.48	376.46	493.99	367.35	337.25	304.25
Long-Term Debt	77.94	49.9	-	-	-	-
Long-Term Leases	4.18	4.18	5.65	-	0.37	2.06
Long-Term Unearned Revenue	5.75	5.98	6.52	7.88	6.32	1.29
Long-Term Deferred Tax Liabilities	0.88	-	1.1	0.16	-	0.08
Total Liabilities	510.23	436.53	507.26	375.39	343.94	307.69
Common Stock	195.14	195.14	195.14	194.19	193.2	160.03
Additional Paid-In Capital	273.52	273.52	273.52	264.36	247.78	249.3
Retained Earnings	604.22	591.68	598.86	464.04	406.79	315.07
Total Common Equity	1,073	1,060	1,068	922.59	847.76	724.41
Minority Interest	60.4	60.73	42.67	-	-	-
Shareholders' Equity	1,133	1,121	1,110	922.59	847.76	724.41
Total Liabilities & Equity	1,644	1,558	1,617	1,298	1,192	1,032
Total Debt	86.66	59.44	7.15	1.12	2.2	3.89
Net Cash (Debt)	455.4	658.35	721.58	589.21	464.87	384.9
Net Cash Growth	-24.71%	-8.76%	22.46%	26.75%	20.78%	-23.34%
Net Cash Per Share	2.33	3.37	3.72	3.03	2.41	2.00
Filing Date Shares Outstanding	195.14	195.14	195.14	194.19	193.2	192.04
Total Common Shares Outstanding	195.14	195.14	195.14	194.19	193.2	192.04
Working Capital	602.87	706.87	685.62	641.71	557.8	538.12
Book Value Per Share	5.50	5.43	5.47	4.75	4.39	3.77
Tangible Book Value	994.11	980.87	1,042	896.18	820.92	698.7
Tangible Book Value Per Share	5.09	5.03	5.34	4.62	4.25	3.64
Buildings	-	156.43	155.81	156.18	148.74	19.29
Machinery	-	160.94	148.93	141.87	131.38	33.38
Construction In Progress	-	79.67	0.39	-	2.35	115.78

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