SHE:301042 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	513.59	598.2	609.8	635.16	551.12	670.17
Short-Term Investments	-	-	-	-	-	10.03
Trading Asset Securities	10.01	-	-	160.5	260.61	-
Cash & Short-Term Investments	523.6	598.2	609.8	795.65	811.73	680.2
Cash Growth	-11.03%	-1.90%	-23.36%	-1.98%	19.34%	401.31%
Accounts Receivable	257.77	249.9	228.11	215.91	151.44	154.49
Other Receivables	6.28	17.75	8.99	6.17	4.38	6.57
Receivables	264.06	267.65	237.1	222.08	155.82	161.06
Inventory	190.01	155.26	126.58	143.34	138.82	230.51
Other Current Assets	49.95	5.92	2.25	5.09	4.48	8.17
Total Current Assets	1,028	1,027	975.73	1,166	1,111	1,080
Property, Plant & Equipment	145.67	148.21	146.82	157.19	166.84	177.71
Long-Term Investments	12.59	12.64	4.69	-	-	-
Other Intangible Assets	13.33	12.88	13.39	13.9	14.5	15.5
Long-Term Deferred Tax Assets	15.52	17.15	13.52	12.05	8.78	8.4
Long-Term Deferred Charges	3.4	3.87	0.08	0.28	0.63	0.97
Other Long-Term Assets	1.33	1.66	2.01	1.37	1.55	1.54
Total Assets	1,219	1,223	1,156	1,351	1,303	1,284
Accounts Payable	51.79	59.13	40.97	101.49	69.45	102.95
Accrued Expenses	42.03	50.55	51.88	51.01	44.62	39.56
Short-Term Debt	-	-	-	0.5	-	8.5
Current Portion of Long-Term Debt	2.46	-	-	-	-	-
Current Portion of Leases	-	2.37	0.58	0.26	0.38	0.29
Current Income Taxes Payable	5.7	1.1	2.61	4.96	1.83	0.88
Current Unearned Revenue	10.58	16.26	17	11.79	13.13	11.62
Other Current Liabilities	2.52	0.99	2.53	4.2	3.97	2.25
Total Current Liabilities	115.07	130.4	115.57	174.21	133.38	166.05
Long-Term Leases	9.61	10.43	1.41	0.58	0.11	0.14
Long-Term Unearned Revenue	2.16	2.2	2.3	3.55	4.99	6.54
Long-Term Deferred Tax Liabilities	0	0.01	0.02	0.12	0.15	-
Other Long-Term Liabilities	-	-	0.08	0.57	-	-
Total Liabilities	126.84	143.04	119.37	179.03	138.62	172.73
Common Stock	69.72	69.72	69.74	69.36	68.85	68.85
Additional Paid-In Capital	739.39	737.75	738.03	730.24	711.71	692.68
Retained Earnings	332.73	321.49	294.54	372.04	383.57	349.81
Treasury Stock	-65.98	-65.98	-65.98	-	-	-
Comprehensive Income & Other	0.02	0.02	-	-	-	-
Total Common Equity	1,076	1,063	1,036	1,172	1,164	1,111
Minority Interest	16.74	17.39	0.54	0.3	0.39	-
Shareholders' Equity	1,093	1,080	1,037	1,172	1,165	1,111
Total Liabilities & Equity	1,219	1,223	1,156	1,351	1,303	1,284
Total Debt	12.07	12.8	1.99	1.34	0.5	8.93
Net Cash (Debt)	511.54	585.4	607.81	794.31	811.23	671.27
Net Cash Growth	-12.87%	-3.69%	-23.48%	-2.09%	20.85%	1152.08%
Net Cash Per Share	7.35	8.47	8.95	11.42	11.78	11.42
Filing Date Shares Outstanding	69.71	67.63	67.65	67.65	68.85	68.85
Total Common Shares Outstanding	69.71	67.63	67.65	69.36	68.85	68.85
Working Capital	912.56	896.62	860.16	991.96	977.46	913.9
Book Value Per Share	15.43	15.72	15.32	16.89	16.91	16.14
Tangible Book Value	1,063	1,050	1,023	1,158	1,150	1,096
Tangible Book Value Per Share	15.24	15.53	15.12	16.69	16.70	15.92
Buildings	-	175.85	175.85	175.04	172.45	170.26
Machinery	-	66.88	76.35	75.74	73.11	74.32
Construction In Progress	-	-	-	-	1.32	1.28

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