SHE:301077 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	709.63	895.88	993.45	1,044	998.12	965.82
Trading Asset Securities	195.63	82.11	135.44	0.13	5	-
Cash & Short-Term Investments	905.27	977.99	1,129	1,044	1,003	965.82
Cash Growth	-19.05%	-13.37%	8.12%	4.08%	3.86%	684.58%
Accounts Receivable	195.68	118.31	139.4	129.73	126.48	116.41
Other Receivables	15.97	4.79	4.06	4.15	2.36	18.04
Receivables	211.65	123.09	143.46	133.88	128.85	134.45
Inventory	229.36	150.4	143.16	147.6	164.95	115.97
Prepaid Expenses	-	0.65	0.4	0.53	0.77	0.17
Other Current Assets	39	17.23	18.66	14.83	11.59	14.2
Total Current Assets	1,385	1,269	1,435	1,341	1,309	1,231
Property, Plant & Equipment	367.63	356.7	368.76	344.54	259.39	233.03
Long-Term Investments	0.06	0.06	0.06	-	2	-
Other Intangible Assets	70.49	70.66	71.9	73.63	64.3	42.66
Long-Term Accounts Receivable	-	-	3.09	6.08	-	-
Long-Term Deferred Tax Assets	5.84	4.32	4.33	3.4	2.27	2.21
Long-Term Deferred Charges	2.06	1.18	1.32	2.33	4.19	4.62
Other Long-Term Assets	8.96	9.78	4.52	6.05	6.07	23.77
Total Assets	1,934	1,712	1,889	1,777	1,647	1,537
Accounts Payable	191.43	122.92	132.71	126.36	134.94	116.33
Accrued Expenses	13.37	27.97	29.8	21.77	13.92	18.32
Short-Term Debt	261.45	307.96	438.66	299.7	189.64	30.04
Current Portion of Long-Term Debt	3.35	1.49	1.05	45.05	5	7.76
Current Portion of Leases	-	0.64	2.55	1.34	2.41	2.9
Current Income Taxes Payable	16.19	3.67	7.16	7.4	2.88	10.44
Current Unearned Revenue	34.77	18.42	13.51	11.62	13.37	13.72
Other Current Liabilities	79.47	15.74	20.8	22.74	19.66	43.29
Total Current Liabilities	600.05	498.81	646.24	535.99	381.83	242.8
Long-Term Debt	110.31	43.89	14.96	5	45.04	52.07
Long-Term Leases	0.95	1.04	1.83	3.35	0.24	1.59
Long-Term Deferred Tax Liabilities	0.45	0.47	0.76	0.96	1.15	-
Other Long-Term Liabilities	1.28	1.28	-	-	-	-
Total Liabilities	713.04	545.49	663.78	545.3	428.26	296.46
Common Stock	170.08	170.08	120	120	120	60
Additional Paid-In Capital	618.05	617.75	764.6	762.64	761.99	821.34
Retained Earnings	413.3	380.49	394.76	350.71	337.24	359.1
Treasury Stock	-	-	-52.98	-	-	-
Comprehensive Income & Other	-1.73	-1.73	-1.65	-1.7	-	-
Total Common Equity	1,200	1,167	1,225	1,232	1,219	1,240
Minority Interest	20.92	-	-	-	-0	-
Shareholders' Equity	1,221	1,167	1,225	1,232	1,219	1,240
Total Liabilities & Equity	1,934	1,712	1,889	1,777	1,647	1,537
Total Debt	376.07	355.02	459.05	354.44	242.34	94.36
Net Cash (Debt)	529.2	622.98	669.84	689.64	760.78	871.46
Net Cash Growth	-18.14%	-7.00%	-2.87%	-9.35%	-12.70%	1296.47%
Net Cash Per Share	3.13	3.66	3.82	3.93	4.35	6.10
Filing Date Shares Outstanding	170.11	170.08	172.16	175.2	175.2	175.2
Total Common Shares Outstanding	170.11	170.08	172.16	175.2	175.2	175.2
Working Capital	785.23	770.56	788.32	804.94	927.45	987.81
Book Value Per Share	7.05	6.86	7.11	7.03	6.96	7.08
Tangible Book Value	1,036	1,096	1,153	1,158	1,155	1,198
Tangible Book Value Per Share	6.09	6.44	6.70	6.61	6.59	6.84
Buildings	-	306.99	215.18	139.84	139.84	75.72
Machinery	-	160.57	170.2	158.34	135.91	108.93
Construction In Progress	-	5.6	79.85	120.86	41.3	84.61

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