SHE:300915 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	331.3	442.6	312.51	570.69	314.88	342.41
Trading Asset Securities	345.36	280.28	650.57	512	932.45	900.6
Cash & Short-Term Investments	676.66	722.87	963.07	1,083	1,247	1,243
Cash Growth	-24.92%	-24.94%	-11.05%	-13.20%	0.35%	1.13%
Accounts Receivable	57.13	66.63	97.63	41.96	37.36	34.4
Other Receivables	4.18	3.1	2.72	2.41	1.65	0.76
Receivables	61.31	69.73	100.35	44.37	39.01	35.16
Inventory	157.73	152.97	115.87	154.82	183.36	137.59
Prepaid Expenses	-	-	0.91	1.51	1.78	0.89
Other Current Assets	22.58	12.75	14.99	11.63	8.16	7.59
Total Current Assets	918.28	958.32	1,195	1,295	1,480	1,424
Property, Plant & Equipment	696.63	626.33	551.55	276.21	170.41	130.78
Long-Term Investments	82.67	88.59	25	-	-	-
Other Intangible Assets	23.95	24.31	25.07	24.99	25.16	25.15
Long-Term Deferred Tax Assets	10.8	12.29	5.86	4.66	2.98	5.56
Long-Term Deferred Charges	5.91	6.15	6.59	5.75	-	-
Other Long-Term Assets	76.45	106.3	54.66	164.54	44.01	13.47
Total Assets	1,815	1,822	1,864	1,771	1,722	1,599
Accounts Payable	71.29	95.04	95.37	85.75	79.26	61.72
Accrued Expenses	23	27.34	59.68	51.43	45.01	56.27
Short-Term Debt	-	-	10	9.8	10	17.29
Current Portion of Long-Term Debt	3.89	2.31	-	-	-	-
Current Portion of Leases	-	-	1.87	1.94	2.21	0.46
Current Income Taxes Payable	4.46	4.43	5.36	4.57	0.95	7.46
Current Unearned Revenue	11.82	14.85	20.89	44.12	68.69	44.46
Other Current Liabilities	55.72	54.1	23.79	17.02	10.28	9.19
Total Current Liabilities	170.18	198.06	216.96	214.63	216.4	196.85
Long-Term Leases	46.48	41.49	43.79	45.66	47.91	0.69
Long-Term Unearned Revenue	59.31	59.52	51.14	3.46	4.28	5.1
Long-Term Deferred Tax Liabilities	0.96	1.26	0.41	0.25	0.37	0.09
Other Long-Term Liabilities	0.04	0.04	0.04	0.04	0.04	0.04
Total Liabilities	276.96	300.37	312.35	264.05	269.01	202.77
Common Stock	125.84	125.84	90	90	90	90
Additional Paid-In Capital	928.79	927.6	959.62	967.19	967.19	967.19
Retained Earnings	493.45	475.1	529.07	454.25	400.74	343.43
Treasury Stock	-16	-16.83	-22.84	-	-	-
Comprehensive Income & Other	4.12	8.51	-4.15	-4.34	-4.75	-4.2
Total Common Equity	1,536	1,520	1,552	1,507	1,453	1,396
Minority Interest	1.53	1.72	-0.12	0	0	0
Shareholders' Equity	1,538	1,522	1,552	1,507	1,453	1,396
Total Liabilities & Equity	1,815	1,822	1,864	1,771	1,722	1,599
Total Debt	50.36	43.79	55.66	57.4	60.12	18.44
Net Cash (Debt)	626.3	679.08	907.41	1,025	1,187	1,225
Net Cash Growth	-25.97%	-25.16%	-11.50%	-13.64%	-3.05%	0.86%
Net Cash Per Share	5.16	5.24	7.26	8.14	9.42	9.72
Filing Date Shares Outstanding	122.35	118.04	125.44	125.84	126	126
Total Common Shares Outstanding	122.35	118.04	125.44	126	126	126
Working Capital	748.11	760.26	978.24	1,080	1,263	1,227
Book Value Per Share	12.56	12.88	12.37	11.96	11.53	11.08
Tangible Book Value	1,512	1,496	1,527	1,482	1,428	1,371
Tangible Book Value Per Share	12.36	12.67	12.17	11.76	11.33	10.88
Land	-	-	3.96	3.96	3.96	3.96
Buildings	-	-	67.71	55.63	56.33	57.27
Machinery	-	-	247.56	180.53	151.29	142.88
Construction In Progress	-	-	326.92	106.04	8.46	12.45

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