SHE:300937 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	314.96	409.36	386.88	374.86	457.82	153.78
Short-Term Investments	-	9.27	4.12	0.83	-	-
Trading Asset Securities	130.21	-	1.5	4	7	-
Cash & Short-Term Investments	445.17	418.64	392.5	379.69	464.82	153.78
Cash Growth	26.85%	6.66%	3.37%	-18.32%	202.27%	34.62%
Accounts Receivable	382.27	210.47	229	196.54	146.26	57.75
Other Receivables	62.06	43.64	85.18	67.62	15.93	25.6
Receivables	444.32	254.11	314.18	264.16	162.18	83.35
Inventory	487.54	575.19	522.59	561.24	446.78	468.23
Other Current Assets	185.46	154.64	142.38	171.35	190.01	126.33
Total Current Assets	1,562	1,403	1,372	1,376	1,264	831.68
Property, Plant & Equipment	143.17	143.75	161.8	154.05	164.95	174.76
Long-Term Investments	70.29	61.41	41.23	28.25	22.4	21.58
Goodwill	13.71	13.71	18.71	16.47	16.36	2.52
Other Intangible Assets	41.41	43.02	48.03	46.43	50.65	42.06
Long-Term Deferred Tax Assets	40.37	36.98	27.34	15.23	8.86	3.69
Long-Term Deferred Charges	19.51	21.1	32.82	43.92	13.76	5.34
Other Long-Term Assets	-	-	1.57	6.27	50.83	105.43
Total Assets	1,891	1,723	1,703	1,687	1,592	1,187
Accounts Payable	599.59	417.41	333.22	359.66	370.54	184.1
Accrued Expenses	11.29	23.34	32.21	31.98	22.19	10.98
Short-Term Debt	334.84	324.17	372.32	320.74	235.84	119.36
Current Portion of Leases	-	6.53	6.77	4.2	5.24	4.7
Current Income Taxes Payable	21.41	19.64	6.14	4.99	7.87	1.19
Current Unearned Revenue	47.75	60.78	49.82	53.57	78.85	29.77
Other Current Liabilities	56.31	52.24	37.89	25.98	32.18	27.9
Total Current Liabilities	1,071	904.11	838.35	801.12	752.7	378
Long-Term Leases	3.4	4.04	9.76	4.69	2.54	5.75
Long-Term Unearned Revenue	4.27	4.35	4.68	5	6.32	6.1
Long-Term Deferred Tax Liabilities	10.25	10.98	13.08	13.34	10.07	9.29
Other Long-Term Liabilities	0.47	0.47	0.35	6.88	-	-
Total Liabilities	1,090	923.95	866.22	831.02	771.64	399.13
Common Stock	95.67	95.67	95.67	95.67	95.67	95.67
Additional Paid-In Capital	474	474	474.01	474.01	475.62	475.56
Retained Earnings	248.42	251.14	273.55	284.55	244.15	202.28
Comprehensive Income & Other	-	-	-	-	-1.5	-
Total Common Equity	818.09	820.81	843.23	854.22	813.94	773.51
Minority Interest	-16.73	-22.21	-6.31	1.82	6.03	14.43
Shareholders' Equity	801.36	798.6	836.93	856.04	819.98	787.94
Total Liabilities & Equity	1,891	1,723	1,703	1,687	1,592	1,187
Total Debt	338.24	334.74	388.85	329.63	243.62	129.8
Net Cash (Debt)	106.93	83.89	3.65	50.06	221.21	23.98
Net Cash Growth	811.22%	2200.11%	-92.72%	-77.37%	822.60%	-67.68%
Net Cash Per Share	1.15	0.88	0.05	0.52	2.32	0.26
Filing Date Shares Outstanding	95.67	95.67	95.67	95.67	95.67	95.67
Total Common Shares Outstanding	95.67	95.67	95.67	95.67	95.67	95.67
Working Capital	491.3	498.46	533.3	575.32	511.1	453.68
Book Value Per Share	8.55	8.58	8.81	8.93	8.51	8.09
Tangible Book Value	762.97	764.07	776.49	791.32	746.94	728.93
Tangible Book Value Per Share	7.98	7.99	8.12	8.27	7.81	7.62
Buildings	-	116.62	116.61	116.57	118.19	117.76
Machinery	-	97.72	94.96	82.31	81.99	78.87
Construction In Progress	-	0.15	0.5	2.21	1.84	-