SHE:300907 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	367.91	253.85	234.59	143.62	181.87	255.51
Trading Asset Securities	50.03	98.47	40.06	79.12	25.03	-
Cash & Short-Term Investments	417.93	352.33	274.65	222.73	206.9	255.51
Cash Growth	23.72%	28.28%	23.31%	7.65%	-19.02%	-29.86%
Accounts Receivable	882.49	753.52	407.45	277.4	255.34	238.11
Other Receivables	4.56	6.22	3.63	2.6	4.46	6.53
Receivables	887.06	759.74	411.07	280.01	259.8	244.64
Inventory	502.92	372.87	228.88	217.82	264.74	328.56
Other Current Assets	85.57	48.37	17.89	24.93	40.44	42.98
Total Current Assets	1,893	1,533	932.49	745.49	771.89	871.69
Property, Plant & Equipment	307.68	302.38	303.15	318.75	347.39	341.1
Long-Term Investments	10.35	10.35	10	10	-	-
Goodwill	150.94	150.94	-	-	-	-
Other Intangible Assets	134.37	137.1	64.15	73.68	22.17	26.72
Long-Term Deferred Tax Assets	33.03	28.37	20.41	18.62	20.75	15.29
Long-Term Deferred Charges	1.71	2.19	1.86	2.84	2.65	2.35
Other Long-Term Assets	19.14	11.96	3.01	1.55	6.4	9.46
Total Assets	2,551	2,177	1,335	1,171	1,171	1,267
Accounts Payable	511.73	488.82	356.63	247.29	259.33	368
Accrued Expenses	32.64	39.33	21.3	11.64	13.57	10.91
Short-Term Debt	813.04	505.61	158.97	117.7	94.03	135.2
Current Portion of Long-Term Debt	11.02	4.93	-	-	0.01	8.58
Current Portion of Leases	-	2.44	2.5	2.9	5.47	5.97
Current Income Taxes Payable	14.59	7.04	10.8	1.68	0.91	0.34
Current Unearned Revenue	17.78	18.12	5.41	1.02	1.13	1.59
Other Current Liabilities	171.42	162.71	11.37	2.43	4.6	1.85
Total Current Liabilities	1,572	1,229	567	384.66	379.05	532.43
Long-Term Debt	15.59	15.59	-	-	21.66	-
Long-Term Leases	9.54	2.56	5.36	2.78	9	15.4
Long-Term Unearned Revenue	5.27	5.67	7.31	8.95	9.28	5.89
Long-Term Deferred Tax Liabilities	20.95	21.84	2.01	1.61	2.98	-
Other Long-Term Liabilities	-	-	-	-	0.33	0.52
Total Liabilities	1,624	1,275	581.69	398	422.3	554.25
Common Stock	96	96	96	96	96	96
Additional Paid-In Capital	423.64	423.64	423.64	423.64	423.64	423.64
Retained Earnings	309.21	295.46	247.62	258.55	232.93	202.79
Comprehensive Income & Other	-22.55	-20.28	-12.67	-5.17	-3.62	-10.06
Total Common Equity	806.3	794.82	754.6	773.01	748.95	712.36
Minority Interest	120.85	107.14	-1.21	-0.08	0	0
Shareholders' Equity	927.15	901.96	753.39	772.93	748.95	712.36
Total Liabilities & Equity	2,551	2,177	1,335	1,171	1,171	1,267
Total Debt	849.19	531.13	166.84	123.38	130.17	165.15
Net Cash (Debt)	-431.25	-178.8	107.81	99.36	76.74	90.36
Net Cash Growth	-	-	8.50%	29.48%	-15.08%	-73.86%
Net Cash Per Share	-4.49	-1.86	1.12	1.03	0.80	0.94
Filing Date Shares Outstanding	96	96	96	96	96	96
Total Common Shares Outstanding	96	96	96	96	96	96
Working Capital	321.27	304.31	365.49	360.83	392.85	339.25
Book Value Per Share	8.40	8.28	7.86	8.05	7.80	7.42
Tangible Book Value	520.98	506.78	690.44	699.33	726.78	685.65
Tangible Book Value Per Share	5.43	5.28	7.19	7.28	7.57	7.14
Buildings	-	131.76	136.75	141.73	76.2	74.68
Machinery	-	401.37	362.73	346.82	323.95	290.05
Construction In Progress	-	12.07	10.59	8.06	87.31	79.72

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