SHE:301060 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	846.05	759.5	828.95	861.2	665.81	351.96
Trading Asset Securities	-	-	-	-	-	420.93
Cash & Short-Term Investments	846.05	759.5	828.95	861.2	665.81	772.89
Cash Growth	5.79%	-8.38%	-3.74%	29.35%	-13.85%	45.09%
Accounts Receivable	668.15	686.13	808.63	1,033	2,249	819.61
Other Receivables	4.96	4.92	14.54	6.08	11.83	7.89
Receivables	673.11	691.05	823.17	1,040	2,261	827.5
Inventory	280.92	269.81	306.09	367.71	401.52	139.44
Prepaid Expenses	-	-	-	0.11	8.45	-
Other Current Assets	31.9	31.45	40.43	57.97	51.56	27.23
Total Current Assets	1,832	1,752	1,999	2,327	3,389	1,767
Property, Plant & Equipment	410.33	434.04	482.58	509.74	220.96	241.11
Long-Term Investments	0.87	0.98	1.76	14.06	16.74	-
Goodwill	7.66	7.66	7.66	15.24	17.64	30.09
Other Intangible Assets	22.57	23.67	24.45	26.5	13.06	14.81
Long-Term Accounts Receivable	-	-	0.25	-	-	-
Long-Term Deferred Tax Assets	55.41	59.66	73.82	48.95	30.13	13.39
Long-Term Deferred Charges	17.86	12.65	30.04	37.17	49.6	32.05
Other Long-Term Assets	1.72	1.73	4.12	8.67	10.16	6.97
Total Assets	2,348	2,292	2,623	2,987	3,747	2,105
Accounts Payable	447.14	402.62	388.99	502.36	858.69	253.03
Accrued Expenses	17.83	32.53	61.98	50.07	253.64	90.24
Short-Term Debt	25.01	25.01	95.11	214.59	182.16	2
Current Portion of Long-Term Debt	33.95	37.04	15.14	15.15	-	-
Current Portion of Leases	-	-	12.08	10.77	16.81	13.67
Current Income Taxes Payable	10.68	6.77	12.54	9.73	51.76	28.91
Current Unearned Revenue	8.73	7.24	15.12	6.6	28.73	9.28
Other Current Liabilities	17.9	19.95	14.64	13.55	22.03	15.85
Total Current Liabilities	561.26	531.18	615.59	822.83	1,414	412.98
Long-Term Debt	95.5	104	133.7	145.77	-	-
Long-Term Leases	3.63	5.38	18.27	21.07	45.62	50.03
Long-Term Unearned Revenue	5.82	6.71	10.42	11.94	14.68	2.66
Other Long-Term Liabilities	0.12	0.12	25.02	5.09	-	-
Total Liabilities	666.33	647.39	803	1,007	1,474	465.67
Common Stock	400.52	400.52	400.52	400.52	400.52	400.52
Additional Paid-In Capital	555.17	554.76	553.96	553.96	553.96	552.8
Retained Earnings	653.77	616.86	727.31	836.75	1,109	611.62
Treasury Stock	-23.01	-23.01	-23.01	-10.26	-	-
Comprehensive Income & Other	-0.65	-0.65	-0.65	-0.65	-	-
Total Common Equity	1,586	1,548	1,658	1,780	2,063	1,565
Minority Interest	96.27	96.35	162.21	199.85	209.49	74.88
Shareholders' Equity	1,682	1,645	1,820	1,980	2,273	1,640
Total Liabilities & Equity	2,348	2,292	2,623	2,987	3,747	2,105
Total Debt	158.1	171.44	274.29	407.35	244.59	65.7
Net Cash (Debt)	687.95	588.06	554.66	453.85	421.22	707.19
Net Cash Growth	28.03%	6.02%	22.21%	7.75%	-40.44%	32.75%
Net Cash Per Share	1.78	1.53	1.37	1.12	1.05	2.01
Filing Date Shares Outstanding	410.15	358.96	398.52	399.77	400.52	400.52
Total Common Shares Outstanding	410.15	358.96	398.52	399.77	400.52	400.52
Working Capital	1,271	1,221	1,383	1,504	1,975	1,354
Book Value Per Share	3.87	4.31	4.16	4.45	5.15	3.91
Tangible Book Value	1,556	1,517	1,626	1,739	2,033	1,520
Tangible Book Value Per Share	3.79	4.23	4.08	4.35	5.07	3.80
Buildings	-	-	337.04	333.02	58.77	28.94
Machinery	-	-	332.87	342	296.39	290.65
Construction In Progress	-	-	0.99	9.52	-	16.98

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