SHE:300995 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	84.98	66.83	57.96	82.41	55.13	103.52
Short-Term Investments	-	32.33	11.05	88.37	97.35	40
Trading Asset Securities	28.51	6.48	-	16.81	60.4	80.02
Cash & Short-Term Investments	113.49	105.64	69.01	187.59	212.88	223.53
Cash Growth	97.44%	53.07%	-63.21%	-11.88%	-4.76%	57.75%
Accounts Receivable	123.05	142.31	139.54	112.18	90.42	116.6
Other Receivables	2.4	0.99	1.11	0.49	2.88	2.26
Receivables	125.45	143.3	140.64	112.67	93.3	118.86
Inventory	81.69	71.69	61.92	70.14	42.7	49.93
Prepaid Expenses	-	-	0.05	-	-	-
Other Current Assets	64.42	8.5	8.98	12.93	5.09	14.18
Total Current Assets	385.05	329.13	280.6	383.33	353.97	406.5
Property, Plant & Equipment	399.4	405.07	383.35	343.27	250.48	213.04
Long-Term Investments	6.24	69.35	83.76	0.31	0.39	0.44
Other Intangible Assets	18.44	18.56	19.1	19.65	20.85	22.05
Long-Term Deferred Tax Assets	4.11	4.65	3.43	3.96	3.92	1.28
Long-Term Deferred Charges	14.75	14.98	17.05	2.83	5.7	5.81
Other Long-Term Assets	72.66	29.6	33.03	49.12	125.3	159.17
Total Assets	900.66	871.34	820.31	802.47	760.61	808.29
Accounts Payable	84.22	82.99	85.3	95.11	84.73	74.21
Accrued Expenses	6.7	18.71	15.79	15.66	12.23	9.56
Short-Term Debt	13.87	13.72	14.99	10.34	16.44	-
Current Portion of Long-Term Debt	10.47	21.97	6.04	-	-	-
Current Portion of Leases	-	-	0.02	-	-	-
Current Income Taxes Payable	1.41	1.14	0	0.49	-	0.69
Current Unearned Revenue	9.28	6.83	6.27	5.1	3.84	5.71
Other Current Liabilities	32.53	10.52	10.09	8.32	3.62	6.85
Total Current Liabilities	158.47	155.88	138.5	135.01	120.87	97.02
Long-Term Debt	94.55	71.5	49.75	26.52	-	66.7
Long-Term Leases	0.36	0.4	0.39	-	-	-
Long-Term Unearned Revenue	6.84	7.51	3.83	3.99	1.15	-
Long-Term Deferred Tax Liabilities	1.22	1.27	1.43	2.02	2	0.26
Total Liabilities	261.44	236.56	193.91	167.54	124.02	163.98
Common Stock	84.16	84.16	84.16	84.16	84.16	84.16
Additional Paid-In Capital	381.44	381.03	378.96	381.08	381.08	382.7
Retained Earnings	174.65	167.78	167.05	168.38	170.45	175.57
Treasury Stock	-3.33	-3.33	-6.87	-	-	-
Comprehensive Income & Other	1.28	4.11	2.09	0.45	0.02	0.01
Total Common Equity	638.2	633.76	625.38	634.07	635.7	642.45
Minority Interest	1.02	1.02	1.02	0.86	0.89	1.87
Shareholders' Equity	639.22	634.78	626.4	634.93	636.59	644.31
Total Liabilities & Equity	900.66	871.34	820.31	802.47	760.61	808.29
Total Debt	119.26	107.59	71.19	36.86	16.44	66.7
Net Cash (Debt)	-5.77	-1.95	-2.18	150.73	196.44	156.83
Net Cash Growth	-	-	-	-23.27%	25.25%	95.85%
Net Cash Per Share	-0.07	-0.02	-0.03	1.79	2.33	2.09
Filing Date Shares Outstanding	84.16	84.1	83.95	84.09	84.16	84.16
Total Common Shares Outstanding	84.16	84.1	83.95	84.16	84.16	84.16
Working Capital	226.58	173.25	142.1	248.31	233.11	309.49
Book Value Per Share	7.58	7.54	7.45	7.53	7.55	7.63
Tangible Book Value	619.76	615.2	606.29	614.42	614.85	620.4
Tangible Book Value Per Share	7.36	7.31	7.22	7.30	7.31	7.37
Buildings	-	279.58	271.83	199.04	-	40.15
Machinery	-	176.24	149.16	100.09	-	75.02
Construction In Progress	-	13.28	4.25	97.36	-	139.74

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