SHE:301001 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	343.13	259.16	424.52	424.44	364.88	386.71
Trading Asset Securities	76.05	222.36	50.22	-	211.66	170.71
Cash & Short-Term Investments	419.18	481.52	474.74	424.44	576.54	557.42
Cash Growth	-16.47%	1.43%	11.85%	-26.38%	3.43%	379.78%
Accounts Receivable	93.96	90.2	124.08	155.06	204.19	249.24
Other Receivables	15.36	6.08	14.21	29.1	55.39	50.83
Receivables	109.32	96.28	138.28	184.17	259.58	300.07
Inventory	58.54	20.78	47.4	72.56	137.98	149.79
Other Current Assets	38.38	4.94	21.19	26.48	17.31	12.51
Total Current Assets	625.43	603.53	681.62	707.64	991.41	1,020
Property, Plant & Equipment	214.91	216.74	221.97	233.51	21.86	37.53
Other Intangible Assets	5.76	1.15	1.74	2.6	0.31	0.29
Long-Term Deferred Tax Assets	7.3	6.28	3.67	5.66	10.13	4.82
Long-Term Deferred Charges	1.58	1.31	1.74	1.95	3.59	5.86
Total Assets	861.76	829.01	910.74	951.36	1,027	1,068
Accounts Payable	14.74	14.47	16.44	28.39	57.09	87.22
Accrued Expenses	20.99	28.75	36.79	42.06	79.58	66.1
Short-Term Debt	39.53	9.38	-	-	41.39	35.67
Current Portion of Long-Term Debt	1.35	-	3.22	4.49	-	-
Current Portion of Leases	-	1.52	2.54	6.34	11.39	17
Current Income Taxes Payable	-	-	2.53	0.28	5.32	8.15
Current Unearned Revenue	0.2	0.52	0.3	0.35	1.3	0.57
Other Current Liabilities	5.96	0.51	1.18	8.84	2.82	1.52
Total Current Liabilities	82.77	55.15	62.99	90.76	198.88	216.24
Long-Term Debt	-	-	21.57	34.45	-	-
Long-Term Leases	4.39	4.52	5.06	9.3	9.12	18.93
Long-Term Deferred Tax Liabilities	0.73	0	-	-	0.05	-
Total Liabilities	87.89	59.67	89.62	134.51	208.05	235.17
Common Stock	80	80	80	80	80	80
Additional Paid-In Capital	492.09	492.09	492.09	492.09	492.09	492.09
Retained Earnings	206.27	205.83	246.68	243.29	246.25	261.87
Treasury Stock	-10	-10	-	-	-	-
Comprehensive Income & Other	0.53	1.42	2.35	1.47	0.91	-0.84
Total Common Equity	768.89	769.34	821.12	816.85	819.26	833.12
Minority Interest	4.99	-	-	-	-	-
Shareholders' Equity	773.87	769.34	821.12	816.85	819.26	833.12
Total Liabilities & Equity	861.76	829.01	910.74	951.36	1,027	1,068
Total Debt	45.27	15.42	32.39	54.59	61.9	71.6
Net Cash (Debt)	373.91	466.1	442.36	369.85	514.64	485.81
Net Cash Growth	-20.58%	5.37%	19.60%	-28.13%	5.93%	415.83%
Net Cash Per Share	4.90	6.01	5.61	4.73	6.08	6.83
Filing Date Shares Outstanding	79.66	79.66	80	80	80	80
Total Common Shares Outstanding	79.66	79.66	80	80	80	80
Working Capital	542.66	548.38	618.63	616.89	792.53	803.54
Book Value Per Share	9.65	9.66	10.26	10.21	10.24	10.41
Tangible Book Value	756.34	768.19	819.38	814.25	818.95	832.83
Tangible Book Value Per Share	9.49	9.64	10.24	10.18	10.24	10.41
Buildings	-	219.04	219.04	219.04	-	-
Machinery	-	9.67	9.07	10.02	11.41	10.32
Construction In Progress	-	0.09	0.42	0.07	1.36	-