SHE:300895 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	162.55	162.22	136.37	185.37	170.33	254.87
Cash & Short-Term Investments	162.55	162.22	136.37	185.37	170.33	254.87
Cash Growth	29.15%	18.95%	-26.43%	8.83%	-33.17%	-42.19%
Accounts Receivable	97.26	112.21	131.82	118.22	198.06	138.28
Other Receivables	1.47	1.66	1.99	1.42	1.63	15.43
Receivables	98.73	113.87	133.81	119.64	199.69	153.71
Inventory	39.54	30.74	45.92	54.52	141.08	225.92
Other Current Assets	31.36	33	24.57	27.11	29.14	182.48
Total Current Assets	332.17	339.82	340.67	386.64	540.24	816.98
Property, Plant & Equipment	175.93	185.63	230.16	282.3	313.88	253.2
Long-Term Investments	2.98	2.98	2.98	3.26	-	-
Other Intangible Assets	219.14	221.38	230.66	242.61	243.83	245.4
Long-Term Deferred Tax Assets	39.14	39.62	40.8	32.9	15.42	1.12
Long-Term Deferred Charges	18.29	20.17	14.67	26.34	25.47	27.62
Other Long-Term Assets	120.35	121.26	134.05	133.1	139.47	203.87
Total Assets	908	930.87	993.98	1,107	1,278	1,548
Accounts Payable	81.21	76.52	79.52	45.01	93.28	307.47
Accrued Expenses	3.22	9.28	7.52	8.33	6.75	4.79
Short-Term Debt	6	6	5.5	7.2	-	-
Current Portion of Leases	3.44	4.29	4.81	4.53	5.37	4.03
Current Income Taxes Payable	0.1	-	-	0.03	3.45	1.69
Current Unearned Revenue	33.95	38.37	22.06	26.84	27.51	26.32
Other Current Liabilities	11.49	10.32	6.98	6.68	4.73	1.21
Total Current Liabilities	139.41	144.79	126.39	98.63	141.09	345.53
Long-Term Leases	0.25	0.02	1.38	3.47	4.82	7.3
Long-Term Unearned Revenue	-	-	-	-	4.43	4.43
Long-Term Deferred Tax Liabilities	0.4	0.62	0.56	0.84	1.02	-
Other Long-Term Liabilities	0.63	0.63	-	-	-	-
Total Liabilities	140.7	146.06	128.32	102.94	151.36	357.25
Common Stock	140.8	140.8	140.8	140.8	128	116.36
Additional Paid-In Capital	753.92	753.92	753.92	753.92	766.72	778.96
Retained Earnings	-146.59	-131.57	-53.4	73.31	192.76	263.91
Comprehensive Income & Other	-0.28	-0.28	-0.28	-	-	-
Total Common Equity	747.85	762.87	841.03	968.02	1,087	1,159
Minority Interest	19.44	21.94	24.62	36.18	39.47	31.7
Shareholders' Equity	767.3	784.81	865.66	1,004	1,127	1,191
Total Liabilities & Equity	908	930.87	993.98	1,107	1,278	1,548
Total Debt	9.69	10.31	11.69	15.2	10.19	11.33
Net Cash (Debt)	152.85	151.9	124.68	170.17	160.14	243.54
Net Cash Growth	39.78%	21.83%	-26.73%	6.26%	-34.24%	-44.76%
Net Cash Per Share	1.09	1.08	0.89	1.21	1.14	1.73
Filing Date Shares Outstanding	140.8	140.8	140.8	140.8	140.8	140.8
Total Common Shares Outstanding	140.8	140.8	140.8	140.8	140.8	140.8
Working Capital	192.76	195.03	214.28	288.01	399.15	471.45
Book Value Per Share	5.31	5.42	5.97	6.88	7.72	8.23
Tangible Book Value	528.72	541.48	610.38	725.41	843.65	913.84
Tangible Book Value Per Share	3.76	3.85	4.34	5.15	5.99	6.49
Buildings	-	26.07	26.07	26.07	29.57	29.47
Machinery	-	379.48	378.72	384.48	374.44	251.02
Construction In Progress	-	9.58	18.89	20.38	14.8	42.45

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