SHE:300980 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	194.74	171.4	170.1	333.25	347.23	204.84
Short-Term Investments	-	-	50	50	-	110
Trading Asset Securities	2.15	38.38	138.1	165	30.29	149
Cash & Short-Term Investments	196.89	209.78	358.2	548.25	377.52	463.84
Cash Growth	-29.79%	-41.44%	-34.66%	45.22%	-18.61%	562.27%
Accounts Receivable	176.75	179.81	152.1	124.91	99.05	123.44
Other Receivables	1.29	2.39	1.19	1.07	0.91	2.17
Receivables	178.04	182.2	153.29	125.98	99.95	125.61
Inventory	116.05	108.12	79.7	51.79	47.23	43.99
Prepaid Expenses	-	-	0.08	0.03	0.14	0.05
Other Current Assets	78.81	82.57	39.87	28.2	22.64	16.56
Total Current Assets	569.78	582.67	631.14	754.25	547.48	650.06
Property, Plant & Equipment	871.06	870.33	836.6	812.75	518.58	312.18
Long-Term Investments	16.06	6.12	-	-	-	-
Other Intangible Assets	68.46	69.47	73.02	76.32	78.71	76.24
Long-Term Deferred Tax Assets	0.1	0.1	0.08	0.06	4.83	4.23
Long-Term Deferred Charges	5.03	5.15	3.98	4.57	3.49	3.72
Other Long-Term Assets	15.05	15.84	11.85	6.36	10.71	6.79
Total Assets	1,546	1,550	1,557	1,654	1,164	1,053
Accounts Payable	38.06	41.85	62.06	95.1	106.28	47.91
Accrued Expenses	15.12	18.11	16.42	15.05	12.47	17.29
Short-Term Debt	20.01	20.01	20.01	50.05	40.04	29.03
Current Portion of Long-Term Debt	0.48	0.98	-	-	-	-
Current Portion of Leases	-	-	2.09	1.99	2.03	2.61
Current Income Taxes Payable	1.71	2.98	7.55	3.95	3.37	4.18
Current Unearned Revenue	1.53	1.42	1.57	0.96	1.53	0.73
Other Current Liabilities	1.75	1.02	3.4	3.61	5.6	0.52
Total Current Liabilities	78.66	86.37	113.1	170.7	171.31	102.28
Long-Term Debt	-	-	-	408.73	-	-
Long-Term Leases	0.19	0.23	0.77	2.19	0.43	3.35
Long-Term Unearned Revenue	35.13	35.8	38.3	26.19	26.14	20.42
Long-Term Deferred Tax Liabilities	8.08	7.73	7.44	8.78	11.1	10.06
Total Liabilities	122.06	130.13	159.62	616.6	208.97	136.11
Common Stock	138.07	138.07	138.36	108.33	108.33	71.9
Additional Paid-In Capital	994.29	994.29	996.97	545.74	545.74	577.23
Retained Earnings	363.94	346.63	321.15	327.98	303.18	268.09
Treasury Stock	-59.15	-59.15	-62.12	-4.94	-4.94	-
Comprehensive Income & Other	-13.67	-0.3	2.7	60.61	2.52	-0.11
Shareholders' Equity	1,423	1,420	1,397	1,038	954.83	917.1
Total Liabilities & Equity	1,546	1,550	1,557	1,654	1,164	1,053
Total Debt	20.68	21.22	22.88	462.96	42.49	34.99
Net Cash (Debt)	176.21	188.55	335.32	85.29	335.03	428.85
Net Cash Growth	-31.73%	-43.77%	293.17%	-74.54%	-21.88%	3480.53%
Net Cash Per Share	1.34	1.40	3.15	0.79	3.13	4.20
Filing Date Shares Outstanding	133.21	130.82	134.97	102.15	105.08	107.85
Total Common Shares Outstanding	133.21	130.82	134.97	102.15	105.08	107.85
Working Capital	491.12	496.3	518.04	583.54	376.18	547.78
Book Value Per Share	10.69	10.85	10.35	10.16	9.09	8.50
Tangible Book Value	1,355	1,350	1,324	961.4	876.12	840.86
Tangible Book Value Per Share	10.17	10.32	9.81	9.41	8.34	7.80
Land	-	-	16.81	16.39	15.92	15.11
Buildings	-	-	626.39	552.32	200.75	125.38
Machinery	-	-	286.74	250.58	189.71	160.19
Construction In Progress	-	-	69.31	106.84	201	76.01

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