SHE:301067 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	103.47	124.33	109.97	91.22	235.56	370.17
Short-Term Investments	-	-	10.85	-	-	-
Trading Asset Securities	-	-	9.93	10.08	37.58	200.38
Cash & Short-Term Investments	103.47	124.33	130.74	101.3	273.14	570.55
Cash Growth	-12.49%	-4.91%	29.06%	-62.91%	-52.13%	645.05%
Accounts Receivable	132.72	149.51	242.72	188.34	157.23	156.45
Other Receivables	25.37	29.91	18.13	9.64	5.51	11.5
Receivables	158.09	179.42	260.86	197.98	162.74	167.95
Inventory	127.73	135.35	206.93	159.8	133.1	124.12
Other Current Assets	46.79	45.37	44.57	55.42	30.01	5.41
Total Current Assets	436.08	484.47	643.1	514.51	598.99	868.03
Property, Plant & Equipment	429.46	435.25	389.75	487.19	379.19	120.11
Long-Term Investments	18.12	17.12	20	40.92	-	-
Goodwill	-	-	40.36	40.36	-	-
Other Intangible Assets	74.09	89.82	87.32	82.4	84.96	78.39
Long-Term Deferred Tax Assets	3.92	3.94	3.65	2.81	1.73	1.28
Long-Term Deferred Charges	23.62	24.93	26.26	25.11	6.36	7.22
Other Long-Term Assets	87.11	84.87	148.87	41.17	13.15	0.75
Total Assets	1,072	1,140	1,359	1,234	1,084	1,076
Accounts Payable	93.87	126.86	256.49	207.68	148.97	147.01
Accrued Expenses	14.28	23.04	27.73	20.37	18.32	16.06
Short-Term Debt	60.02	91.06	153.54	63.65	35.39	39.54
Current Portion of Long-Term Debt	21.61	-	5.55	0.03	-	-
Current Portion of Leases	-	-	1.91	10.25	6.85	8.49
Current Income Taxes Payable	6.08	-	1.23	-	1.37	2.79
Current Unearned Revenue	12.73	13.39	8.53	6.84	6.46	15.58
Other Current Liabilities	7.38	22.74	3.16	1.23	1.24	1.17
Total Current Liabilities	215.98	277.09	458.15	310.04	218.59	230.64
Long-Term Debt	85.55	85.98	38.38	42.51	-	-
Long-Term Leases	1.18	1.33	8.93	15.47	15.94	22.33
Long-Term Deferred Tax Liabilities	0.33	0.33	-	0.01	-	-
Total Liabilities	303.04	364.72	505.46	368.03	234.54	252.97
Common Stock	97.24	97.24	97.24	97.24	54.02	54.02
Additional Paid-In Capital	559.84	558.92	557.06	557.06	608.43	600.28
Retained Earnings	134.6	140.85	200.51	197.29	187.4	168.52
Treasury Stock	-20.2	-20.2	-10.84	-	-	-
Comprehensive Income & Other	-2.11	-1.13	-0.33	0.66	-	-
Total Common Equity	769.36	775.67	843.64	852.24	849.84	822.82
Minority Interest	-	-	10.2	14.2	-	-
Shareholders' Equity	769.36	775.67	853.84	866.44	849.84	822.82
Total Liabilities & Equity	1,072	1,140	1,359	1,234	1,084	1,076
Total Debt	168.36	178.36	208.31	131.92	58.18	70.36
Net Cash (Debt)	-64.89	-54.03	-77.57	-30.61	214.96	500.19
Net Cash Growth	-	-	-	-	-57.02%	1166.79%
Net Cash Per Share	-0.67	-0.56	-0.77	-0.31	2.18	6.34
Filing Date Shares Outstanding	104.18	51.96	96.35	96.81	97.24	97.24
Total Common Shares Outstanding	104.18	51.96	96.35	97.24	97.24	97.24
Working Capital	220.09	207.38	184.95	204.46	380.4	637.4
Book Value Per Share	7.38	14.93	8.76	8.76	8.74	8.46
Tangible Book Value	695.26	685.85	715.95	729.47	764.89	744.42
Tangible Book Value Per Share	6.67	13.20	7.43	7.50	7.87	7.66
Buildings	-	-	293.52	293.52	124.29	-
Machinery	-	-	167.6	144.62	97.7	69.65
Construction In Progress	-	-	-	79.38	172.97	49.32

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