SHE:301135 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	268.58	463.2	489.42	697.91	823.98	158.19
Trading Asset Securities	95.7	66.59	0	-	-	-
Cash & Short-Term Investments	364.27	529.79	489.42	697.91	823.98	158.19
Cash Growth	-23.98%	8.25%	-29.87%	-15.30%	420.88%	-14.96%
Accounts Receivable	655.92	542.08	549.08	444.41	426	504.98
Other Receivables	8.26	6.84	3.15	2.45	5.33	5.97
Receivables	664.18	548.92	552.23	446.86	431.33	510.94
Inventory	249.05	216.69	171.17	133.93	135.41	193.19
Prepaid Expenses	-	-	0.46	1.24	1.47	1.99
Other Current Assets	113.73	93.26	63.56	48.71	45.83	20.41
Total Current Assets	1,391	1,389	1,277	1,329	1,438	884.72
Property, Plant & Equipment	483.02	469.19	444.38	374.99	307.11	286.34
Long-Term Investments	84.3	29.3	8	7.97	7.5	-
Other Intangible Assets	27.17	27.7	26.47	28.5	26.93	27.77
Long-Term Deferred Tax Assets	22.45	19.86	32.69	21.02	20.04	15.29
Long-Term Deferred Charges	11.41	11.7	2.95	3.59	0.89	0.74
Other Long-Term Assets	43.6	56.19	54.22	67.65	54.34	0.1
Total Assets	2,063	2,003	1,846	1,832	1,855	1,215
Accounts Payable	498.72	505.61	370.84	334.81	311.14	432.35
Accrued Expenses	22.23	21.52	26.88	25.39	27.76	31.31
Short-Term Debt	-	-	-	-	1.81	4.48
Current Portion of Long-Term Debt	14.19	5.03	85.97	0.09	125.15	2.36
Current Portion of Leases	-	-	3.21	1.74	1.73	1.72
Current Income Taxes Payable	4.8	5.48	0.01	0.05	0.07	0.04
Current Unearned Revenue	21.19	5.05	5.43	7.49	7.67	5.31
Other Current Liabilities	68.42	69.48	77.1	57.73	75.06	61.35
Total Current Liabilities	629.55	612.17	569.44	427.3	550.39	538.92
Long-Term Debt	190.72	145.41	9	106.67	13.19	125.13
Long-Term Leases	8.49	8.11	2.5	1.16	2.9	3.63
Long-Term Unearned Revenue	6	6	1.73	2.18	1.89	3.1
Long-Term Deferred Tax Liabilities	-	-	0.23	0.18	0.42	-
Other Long-Term Liabilities	-	-	6.44	-	-	-
Total Liabilities	834.77	771.69	589.34	537.51	568.79	670.79
Common Stock	101.95	101.95	102	102.57	103.15	76.46
Additional Paid-In Capital	886.91	885.39	893.14	888.79	897.71	181.1
Retained Earnings	314.72	318.34	320.6	311.88	301.75	287.86
Treasury Stock	-73.31	-73.31	-60.61	-8.8	-17.06	-
Comprehensive Income & Other	-2.12	-1.76	0.62	-	-	-
Total Common Equity	1,228	1,231	1,256	1,294	1,286	545.42
Minority Interest	0.28	0.29	0.47	0.43	0.51	-1.25
Shareholders' Equity	1,228	1,231	1,256	1,295	1,286	544.17
Total Liabilities & Equity	2,063	2,003	1,846	1,832	1,855	1,215
Total Debt	213.4	158.54	100.68	109.67	144.78	137.33
Net Cash (Debt)	150.87	371.24	388.74	588.24	679.2	20.86
Net Cash Growth	-60.19%	-4.50%	-33.91%	-13.39%	3155.61%	64.51%
Net Cash Per Share	1.57	3.68	3.76	5.76	7.33	0.27
Filing Date Shares Outstanding	90.6	97.9	98.52	99.49	103.15	101.95
Total Common Shares Outstanding	90.6	97.9	98.52	102.57	103.15	76.46
Working Capital	761.69	776.49	707.4	901.35	887.63	345.81
Book Value Per Share	13.56	12.57	12.75	12.62	12.46	7.13
Tangible Book Value	1,201	1,203	1,229	1,266	1,259	517.65
Tangible Book Value Per Share	13.26	12.29	12.48	12.34	12.20	6.77
Buildings	-	-	291.54	263.6	271.68	269.96
Machinery	-	-	248.24	220.15	177.12	151.25
Construction In Progress	-	-	101.49	71.03	19.9	14.74

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