SHE:300940 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	386.08	360.94	138.37	474.1	366.55	444.56
Trading Asset Securities	15.15	16.94	-	-	-	30.17
Cash & Short-Term Investments	401.23	377.88	138.37	474.1	366.55	474.73
Cash Growth	106.56%	173.10%	-70.81%	29.34%	-22.79%	186.65%
Accounts Receivable	249.44	330.15	353.38	301.05	405.98	554.65
Other Receivables	1	1	0.96	0.69	2.78	3.89
Receivables	250.44	331.15	354.34	301.74	408.75	558.54
Inventory	47.5	53.59	60.18	22.74	38.97	56.98
Other Current Assets	422.74	433.31	28.06	23.49	14.28	0.77
Total Current Assets	1,122	1,196	580.96	822.06	828.56	1,091
Property, Plant & Equipment	237.26	246.24	268.35	282.05	416.28	284.14
Long-Term Investments	-	-	620	381.88	2.27	-
Other Intangible Assets	6	6.29	7.47	8.43	8.9	5.24
Long-Term Deferred Tax Assets	2.88	3	7.56	4.17	14.71	7.34
Long-Term Deferred Charges	3.29	2.02	6.84	11.69	19.14	23.02
Other Long-Term Assets	227.34	223.63	17.97	1.98	2.97	2.98
Total Assets	1,599	1,677	1,509	1,512	1,293	1,414
Accounts Payable	230.54	282.39	288.41	283.79	291.1	376.67
Accrued Expenses	12.88	28.47	12.97	11.98	14.07	19.83
Short-Term Debt	73.19	81.08	15.71	34.34	-	10.01
Current Portion of Long-Term Debt	5.97	8.2	-	-	-	-
Current Portion of Leases	-	-	10.13	8.76	8.96	25.49
Current Income Taxes Payable	2.1	2.12	0.44	0.04	0.02	2.61
Current Unearned Revenue	14.71	14.83	0.81	0.76	0.25	0.49
Other Current Liabilities	7.46	14.63	17.48	13.15	39.37	30
Total Current Liabilities	346.84	431.72	345.94	352.82	353.77	465.1
Long-Term Leases	-	-	74.09	87.83	101.2	58.74
Long-Term Unearned Revenue	7.64	8.33	8.07	8.67	17.28	20.3
Long-Term Deferred Tax Liabilities	1.43	1.46	1.6	4.16	4.84	8.08
Other Long-Term Liabilities	68.78	67.74	-	-	-	-
Total Liabilities	424.68	509.25	429.69	453.48	477.09	552.22
Common Stock	222.64	222.64	222.64	222.64	190.57	118.43
Additional Paid-In Capital	963.69	963.69	963.69	963.69	457.79	502.45
Retained Earnings	-12.14	-18.39	-106.91	-127.54	177.71	240.65
Treasury Stock	-	-	-	-	-10.3	-
Comprehensive Income & Other	-0.2	-0.08	0.03	-0.02	-0.02	0
Shareholders' Equity	1,174	1,168	1,079	1,059	815.75	861.53
Total Liabilities & Equity	1,599	1,677	1,509	1,512	1,293	1,414
Total Debt	79.16	89.28	99.93	130.93	110.16	94.23
Net Cash (Debt)	322.07	288.6	38.44	343.17	256.39	380.5
Net Cash Growth	214.24%	650.75%	-88.80%	33.85%	-32.62%	130.09%
Net Cash Per Share	1.45	1.30	0.17	1.78	1.35	2.05
Filing Date Shares Outstanding	222.26	222.71	222.64	222.64	189.48	189.48
Total Common Shares Outstanding	222.26	222.71	222.64	222.64	189.48	189.48
Working Capital	775.08	764.22	235.01	469.24	474.79	625.92
Book Value Per Share	5.28	5.24	4.85	4.76	4.31	4.55
Tangible Book Value	1,168	1,162	1,072	1,050	806.85	856.29
Tangible Book Value Per Share	5.26	5.22	4.81	4.72	4.26	4.52
Buildings	-	-	92.17	92.17	89.93	39.77
Machinery	-	-	207.77	194.57	287.53	250.99
Construction In Progress	-	-	4.88	-	-	43.36

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