SHE:300942 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	412.01	392.84	293.4	481.75	247.45	342.21
Short-Term Investments	-	-	-	-	181.91	-
Trading Asset Securities	187.64	235.3	302.92	120.03	-	340.21
Cash & Short-Term Investments	599.66	628.13	596.31	601.78	429.36	682.42
Cash Growth	3.12%	5.34%	-0.91%	40.16%	-37.08%	80.01%
Accounts Receivable	102.74	111.33	94.11	76.2	84.03	97.37
Other Receivables	5.12	4.4	2.12	3.36	15.17	6.5
Receivables	107.86	115.74	96.23	79.56	99.2	103.87
Inventory	62.28	54.77	40.43	31.46	100.61	93.86
Other Current Assets	28.46	19.17	18.64	24.87	45.25	17.49
Total Current Assets	798.26	817.81	751.62	737.67	674.42	897.64
Property, Plant & Equipment	572.05	578.27	562.9	426.52	324.64	143.44
Long-Term Investments	69.92	83.52	100.69	145.18	195.76	21.94
Other Intangible Assets	36.86	37.35	39.24	41.39	42.4	42.6
Long-Term Accounts Receivable	-	-	-	-	3.61	-
Long-Term Deferred Tax Assets	9.74	7.05	0.08	3.06	14.9	7.4
Long-Term Deferred Charges	1.14	0.54	1.68	1.93	14.3	11.42
Other Long-Term Assets	-	-	0.96	0.59	12.42	28.07
Total Assets	1,488	1,525	1,457	1,356	1,282	1,153
Accounts Payable	44.77	72.96	58.76	77.35	65.11	55.66
Accrued Expenses	15.61	21.59	23.08	23.94	39.45	46.73
Short-Term Debt	11	21	-	-	-	-
Current Portion of Long-Term Debt	13.98	13.55	41.6	5.47	5.18	-
Current Portion of Leases	-	-	-	9.28	18.6	14
Current Income Taxes Payable	3.72	5.6	0.05	0.01	0.01	9.74
Current Unearned Revenue	14.18	17.18	25.1	18.65	66.61	27.59
Other Current Liabilities	6.21	8.83	3.36	2.22	4.82	2.91
Total Current Liabilities	109.46	160.7	151.96	136.93	199.78	156.63
Long-Term Debt	436.51	413	426.39	345.78	56.32	-
Long-Term Leases	-	-	-	5.34	39.25	27.12
Long-Term Unearned Revenue	40.5	41.09	6.5	16.54	20.33	22.19
Other Long-Term Liabilities	2.08	2.08	2.08	3.02	2.08	-
Total Liabilities	588.54	616.87	586.92	507.61	317.75	205.94
Common Stock	405.07	405.07	401.32	400.86	400.86	400.86
Additional Paid-In Capital	221.58	221.56	190.22	186.59	178.7	141.91
Retained Earnings	205.63	215.89	209.14	192.02	385.43	402.28
Comprehensive Income & Other	61.34	61.56	68.33	69.52	-0.09	-0.28
Total Common Equity	893.62	904.08	869.01	848.99	964.89	944.76
Minority Interest	5.8	3.6	1.24	-0.27	-0.19	1.82
Shareholders' Equity	899.42	907.68	870.24	848.73	964.7	946.58
Total Liabilities & Equity	1,488	1,525	1,457	1,356	1,282	1,153
Total Debt	461.49	447.55	467.98	365.87	119.34	41.12
Net Cash (Debt)	138.17	180.59	128.33	235.91	310.02	641.31
Net Cash Growth	30.42%	40.72%	-45.60%	-23.91%	-51.66%	69.17%
Net Cash Per Share	0.30	0.39	0.30	0.59	0.78	1.63
Filing Date Shares Outstanding	405.51	628.23	401.32	400.86	400.86	400.86
Total Common Shares Outstanding	405.51	628.23	401.32	400.86	400.86	400.86
Working Capital	688.8	657.11	599.66	600.74	474.64	741.02
Book Value Per Share	2.20	1.44	2.17	2.12	2.41	2.36
Tangible Book Value	856.76	866.73	829.76	807.6	922.49	902.16
Tangible Book Value Per Share	2.11	1.38	2.07	2.01	2.30	2.25
Buildings	-	-	330.03	15.87	15.87	10.24
Machinery	-	-	87.09	90.58	106.51	72.08
Construction In Progress	-	-	199.79	356.63	190.87	51.34

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