SHE:300984 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	40.31	34.64	34.5	51.17	29.73	16.69
Trading Asset Securities	-	-	-	40.04	130.21	-
Cash & Short-Term Investments	40.31	34.64	34.5	91.22	159.93	16.69
Cash Growth	-21.34%	0.42%	-62.18%	-42.97%	858.40%	-62.17%
Accounts Receivable	329.3	298.31	278.52	232.6	201.94	222.2
Other Receivables	2.76	2.6	0.77	0.65	0.52	2.53
Receivables	332.05	300.91	279.29	233.25	202.46	224.72
Inventory	317.46	322.25	271.52	245.86	309.43	274.05
Prepaid Expenses	-	-	-	2.73	2.28	-
Other Current Assets	43.01	28.33	13.57	20.26	12.62	12.04
Total Current Assets	732.83	686.14	598.87	593.32	686.73	527.5
Property, Plant & Equipment	820.93	801.39	691.22	573.98	444.16	331.06
Long-Term Investments	10.61	10.67	0.95	-	-	-
Other Intangible Assets	56.82	57.31	59.09	61.01	66.58	39.38
Long-Term Deferred Tax Assets	29.28	28.98	22.54	16.07	13.08	13.22
Long-Term Deferred Charges	3.59	4.02	2.23	1.77	2.94	0.97
Other Long-Term Assets	34.7	33.23	16.68	43.89	32.38	14.36
Total Assets	1,689	1,622	1,392	1,290	1,246	926.49
Accounts Payable	230.61	254.76	235.71	228.89	150.13	150.35
Accrued Expenses	17.85	23.27	23.21	20.25	15.93	16.43
Short-Term Debt	285.18	225.13	80.02	12.01	52.04	33.13
Current Portion of Long-Term Debt	2.21	-	-	-	-	-
Current Portion of Leases	-	2.39	0.71	0.86	1.01	0.97
Current Income Taxes Payable	13.77	4.57	1.99	0.62	1.44	5.65
Current Unearned Revenue	1.4	0.31	0.14	0.2	0.36	0.07
Other Current Liabilities	4.12	3.13	3.27	0.84	36.58	37.61
Total Current Liabilities	555.14	513.56	345.05	263.67	257.49	244.21
Long-Term Debt	-	-	90.77	279.04	263.3	-
Long-Term Leases	0	0	-	-	-	-
Long-Term Unearned Revenue	51.83	50.83	42.88	43	42.95	43.16
Other Long-Term Liabilities	3.63	3.56	3.28	2.84	2.99	2.55
Total Liabilities	610.6	567.95	481.99	588.54	566.73	289.92
Common Stock	123.48	123.27	84.77	76.8	76.8	48
Additional Paid-In Capital	718.77	723.08	641.54	417.68	417.67	446.47
Retained Earnings	235.74	221.09	186.03	171.33	148.98	142.1
Treasury Stock	-	-13.76	-13.76	-	-	-
Comprehensive Income & Other	0.16	0.09	11.02	35.67	35.69	-
Shareholders' Equity	1,078	1,054	909.6	701.48	679.14	636.57
Total Liabilities & Equity	1,689	1,622	1,392	1,290	1,246	926.49
Total Debt	287.39	227.52	171.5	291.91	316.34	34.1
Net Cash (Debt)	-247.08	-192.88	-137.01	-200.7	-156.41	-17.41
Net Cash Per Share	-1.91	-1.60	-1.78	-1.83	-1.46	-0.18
Filing Date Shares Outstanding	122.08	122.29	122.57	107.22	107.52	107.52
Total Common Shares Outstanding	122.08	122.29	117.7	107.52	107.52	107.52
Working Capital	177.69	172.58	253.82	329.64	429.24	283.29
Book Value Per Share	8.83	8.62	7.73	6.52	6.32	5.92
Tangible Book Value	1,021	996.47	850.51	640.48	612.57	597.19
Tangible Book Value Per Share	8.37	8.15	7.23	5.96	5.70	5.55
Buildings	-	311.89	299.41	205.3	202.84	139.23
Machinery	-	669.99	519.36	396.63	304.38	214.31
Construction In Progress	-	47.27	42.06	101.92	51.85	61.56

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