SHE:301059 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	80.44	90.83	121.72	98.81	85.26	195.38
Trading Asset Securities	13.5	33.95	-	-	-	-
Cash & Short-Term Investments	93.94	124.78	121.72	98.81	85.26	195.38
Cash Growth	-20.84%	2.51%	23.19%	15.89%	-56.36%	60.71%
Accounts Receivable	117.03	133.69	91.82	86.15	80.38	57.03
Other Receivables	7.35	5.85	1.18	0.94	0.63	1
Receivables	124.37	139.54	93	87.09	81.01	58.03
Inventory	79.61	75.54	60.59	42.6	40.86	42.2
Other Current Assets	8.61	8.5	17.45	15.04	6.27	9.42
Total Current Assets	306.54	348.36	292.77	243.54	213.4	305.03
Property, Plant & Equipment	390.29	385.37	398.05	417.94	439.98	287.12
Other Intangible Assets	33.12	33.87	33.85	35.15	34.8	32.66
Long-Term Deferred Tax Assets	3.92	5.14	2.96	1.2	1.17	1.07
Long-Term Deferred Charges	0.67	0.71	0.89	-	-	0.14
Other Long-Term Assets	47.87	8.62	2.34	0.25	2.46	19.96
Total Assets	782.41	782.07	730.85	698.06	691.82	645.97
Accounts Payable	45.35	40.72	88.85	76.15	75.19	97.78
Accrued Expenses	6.07	8.8	9.79	8.14	5.34	4.53
Short-Term Debt	-	-	0.29	0.48	-	-
Current Portion of Long-Term Debt	6.47	5.44	8	4.02	0.02	-
Current Portion of Leases	-	-	0.76	1.01	0.93	1.48
Current Income Taxes Payable	8.27	6.55	3.83	1.37	7.23	2.06
Current Unearned Revenue	1.31	2.26	3.94	4.04	10.55	0.17
Other Current Liabilities	3.46	42.99	1.87	0.73	0.62	0.53
Total Current Liabilities	70.93	106.76	117.35	95.95	99.87	106.56
Long-Term Debt	25.77	25.19	14.63	22.61	16.6	-
Long-Term Leases	24.87	12.52	4.84	5.61	0.41	-
Long-Term Unearned Revenue	5.81	5.95	4.27	2.77	3.64	4.1
Long-Term Deferred Tax Liabilities	-	0	-	-	-	-
Total Liabilities	127.38	150.41	141.09	126.94	120.52	110.65
Common Stock	231.15	231.15	231.15	231.15	121.66	121.66
Additional Paid-In Capital	176.55	176.91	180.06	175.23	283.96	282.45
Retained Earnings	255.82	233.13	195.75	165.31	166.82	131.2
Treasury Stock	-10.48	-11.31	-16.98	-0.57	-1.14	-
Comprehensive Income & Other	1.99	1.76	-0.23	-0.01	-	-
Shareholders' Equity	655.04	631.65	589.76	571.12	571.3	535.32
Total Liabilities & Equity	782.41	782.07	730.85	698.06	691.82	645.97
Total Debt	57.11	43.15	28.53	33.73	17.96	1.48
Net Cash (Debt)	36.84	81.63	93.19	65.08	67.3	193.89
Net Cash Growth	-60.09%	-12.41%	43.20%	-3.30%	-65.29%	59.49%
Net Cash Per Share	0.16	0.35	0.40	0.28	0.30	1.03
Filing Date Shares Outstanding	226.86	231.31	231.15	231.15	231.15	231.15
Total Common Shares Outstanding	226.86	231.31	231.15	231.15	231.15	231.15
Working Capital	235.61	241.6	175.42	147.59	113.53	198.47
Book Value Per Share	2.89	2.73	2.55	2.47	2.47	2.32
Tangible Book Value	621.92	597.78	555.91	535.97	536.5	502.66
Tangible Book Value Per Share	2.74	2.58	2.40	2.32	2.32	2.17
Buildings	-	-	244.17	243.44	244.29	12.68
Machinery	-	-	257.05	257.54	80.9	73.33
Construction In Progress	-	-	14.65	0.32	170.67	248.01

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.