SHE:301070 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	223.03	214.86	213.83	168.82	84.6	172.78
Short-Term Investments	-	95.82	-	35	25	-
Trading Asset Securities	62.68	63.48	176.41	266.27	392.1	403.89
Cash & Short-Term Investments	285.71	374.16	390.23	470.09	501.7	576.66
Cash Growth	-18.34%	-4.12%	-16.99%	-6.30%	-13.00%	238.97%
Accounts Receivable	39.58	51.17	63.82	74.52	65.13	65.84
Other Receivables	5.08	9.7	1.04	2.94	20.71	1.76
Receivables	44.66	60.87	64.85	77.46	85.84	67.6
Inventory	52.24	36.76	60.68	94.86	63.22	58.89
Other Current Assets	49.12	12.73	6.27	14.39	8.37	6.44
Total Current Assets	431.73	484.51	522.03	656.8	659.14	709.6
Property, Plant & Equipment	366.33	372.05	297.59	297.89	237.86	162.64
Long-Term Investments	85.24	42.29	83.57	55.87	9.84	-
Goodwill	9.21	9.21	9.13	9.13	9.13	9.13
Other Intangible Assets	35.61	36.37	37.74	24.31	22.37	27.02
Long-Term Deferred Tax Assets	3.47	3.6	3.94	4.04	2.62	2.65
Long-Term Deferred Charges	3.85	4.03	4.28	4.37	2.3	3.28
Other Long-Term Assets	-	-	-	-	15.76	-
Total Assets	935.44	952.06	958.27	1,052	959.02	914.31
Accounts Payable	61.8	75.84	91.89	101.43	63.22	32.32
Accrued Expenses	8.03	14.9	15.65	16.4	17.31	14.98
Short-Term Debt	22.51	10.01	0.95	19.02	-	10.54
Current Portion of Long-Term Debt	27.94	30.07	10.28	7.89	-	-
Current Portion of Leases	-	1.11	2.83	3.49	2.87	2.61
Current Income Taxes Payable	0.51	0.1	0.03	0.03	0.86	2.87
Current Unearned Revenue	7.81	6.86	9.01	18.19	11.81	5.39
Other Current Liabilities	13.93	12.92	5.12	7.77	9.53	10
Total Current Liabilities	142.52	151.82	135.75	174.22	105.6	78.72
Long-Term Debt	3.61	3.73	32.3	40.97	50.5	40.54
Long-Term Leases	1.99	1.57	8.98	13.82	9.27	1.54
Long-Term Unearned Revenue	3.58	3.68	6.31	0.29	0.4	0.52
Long-Term Deferred Tax Liabilities	0.23	0.24	0.24	0.31	1.32	1.05
Other Long-Term Liabilities	-	-	-	1.35	1.06	1.09
Total Liabilities	151.93	161.03	183.58	230.96	168.15	123.47
Common Stock	90.23	90.23	64.56	64.56	64.56	64.56
Additional Paid-In Capital	389.81	389.81	421.64	419.41	414.03	415.66
Retained Earnings	265.02	272.1	295.12	331.49	304.64	306.82
Treasury Stock	-20.09	-20.09	-2	-	-	-
Comprehensive Income & Other	0.22	-0.35	-0.15	0.6	-0.04	-0.29
Total Common Equity	725.19	731.7	779.16	816.06	783.18	786.74
Minority Interest	58.32	59.33	-4.47	5.4	7.69	4.1
Shareholders' Equity	783.51	791.03	774.69	821.47	790.87	790.84
Total Liabilities & Equity	935.44	952.06	958.27	1,052	959.02	914.31
Total Debt	56.06	46.49	55.33	85.18	62.64	55.24
Net Cash (Debt)	229.65	327.66	334.9	384.91	439.06	521.42
Net Cash Growth	-20.14%	-2.16%	-12.99%	-12.33%	-15.79%	237.57%
Net Cash Per Share	1.33	1.90	2.73	3.00	3.50	5.09
Filing Date Shares Outstanding	125.81	125.81	126.46	126.53	126.53	126.53
Total Common Shares Outstanding	125.81	125.81	126.46	126.53	126.53	126.53
Working Capital	289.21	332.69	386.28	482.58	553.53	630.88
Book Value Per Share	5.76	5.82	6.16	6.45	6.19	6.22
Tangible Book Value	680.37	686.12	732.29	782.61	751.68	750.6
Tangible Book Value Per Share	5.41	5.45	5.79	6.19	5.94	5.93
Buildings	-	238.66	237.83	228.64	67.61	23.95
Machinery	-	150.17	47.94	32.62	26.62	21.41
Construction In Progress	-	2.2	0.27	3.44	115.01	129.51