SHE:301137 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	185.31	429.09	546.87	540.49	611.24	141.99
Trading Asset Securities	150	-	-	-	-	-
Cash & Short-Term Investments	335.31	429.09	546.87	540.49	611.24	141.99
Cash Growth	-6.89%	-21.54%	1.18%	-11.58%	330.47%	-23.86%
Accounts Receivable	727.61	712.16	676.67	543.97	532.59	480.2
Other Receivables	2.76	2.14	2.52	1.64	2.77	-
Receivables	730.37	714.29	679.19	545.61	535.36	480.2
Inventory	446.9	406.65	367.75	280.64	282.72	276.15
Prepaid Expenses	-	1.85	0.24	0.53	0.37	4.62
Other Current Assets	88.13	49.68	58.73	57.63	42.35	95.76
Total Current Assets	1,601	1,602	1,653	1,425	1,472	998.73
Property, Plant & Equipment	640.06	606.51	563.45	497.58	427.36	362.61
Other Intangible Assets	120.05	120.28	122.96	95.81	99.31	108.85
Long-Term Accounts Receivable	-	0.09	0.11	0.11	-	-
Long-Term Deferred Tax Assets	19.45	19.27	21.15	12.42	9.31	6.3
Long-Term Deferred Charges	1.25	0.53	0.13	-	-	0.07
Other Long-Term Assets	36.92	63.17	43.8	38.59	26.77	1
Total Assets	2,418	2,411	2,404	2,069	2,035	1,478
Accounts Payable	284.2	294.68	260.51	242.09	233.3	319.37
Accrued Expenses	13.95	40	40.41	25.42	27.59	34.53
Short-Term Debt	229.14	221.25	327.49	248.5	223.87	260.7
Current Portion of Long-Term Debt	21.08	22.69	12.56	-	5.01	-
Current Portion of Leases	-	1.27	2.06	1.77	-	2.17
Current Income Taxes Payable	4.71	1.97	1.2	1.2	1.76	0.92
Current Unearned Revenue	43.73	29.82	21.35	24.4	25.31	26.91
Other Current Liabilities	208.59	200.55	160.68	159.43	196.31	164.31
Total Current Liabilities	805.41	812.22	826.27	702.81	713.16	808.92
Long-Term Debt	62.81	59.4	63	-	-	24.1
Long-Term Leases	3.88	0.17	1.66	2.92	-	-
Long-Term Unearned Revenue	63.07	64.41	67.65	23.83	25.28	20.99
Long-Term Deferred Tax Liabilities	-	-	0.5	0.35	0.12	0.27
Other Long-Term Liabilities	2.75	2.75	2.75	-	-	-
Total Liabilities	937.92	938.95	961.82	729.91	738.55	854.27
Common Stock	181.81	181.81	181.81	181.81	181.81	136.36
Additional Paid-In Capital	842.75	842.75	842.75	842.64	842.43	246.75
Retained Earnings	351.83	345.04	323.87	306.08	264.27	233.67
Comprehensive Income & Other	12.71	11.99	10.2	8.96	7.72	6.51
Total Common Equity	1,389	1,382	1,359	1,339	1,296	623.29
Minority Interest	91.4	90.86	83.94	-	-	-
Shareholders' Equity	1,481	1,472	1,443	1,339	1,296	623.29
Total Liabilities & Equity	2,418	2,411	2,404	2,069	2,035	1,478
Total Debt	316.91	304.78	406.77	253.19	228.89	286.96
Net Cash (Debt)	18.4	124.31	140.11	287.3	382.35	-144.97
Net Cash Growth	-80.01%	-11.27%	-51.23%	-24.86%	-	-
Net Cash Per Share	0.11	0.70	0.76	1.59	2.24	-1.06
Filing Date Shares Outstanding	169.77	181.81	181.81	181.81	181.81	136.36
Total Common Shares Outstanding	169.77	181.81	181.81	181.81	181.81	136.36
Working Capital	795.29	789.35	826.52	722.09	758.87	189.81
Book Value Per Share	8.18	7.60	7.47	7.37	7.13	4.57
Tangible Book Value	1,269	1,261	1,236	1,244	1,197	514.44
Tangible Book Value Per Share	7.48	6.94	6.80	6.84	6.58	3.77
Buildings	-	306.41	269.08	223.05	167.86	144.75
Machinery	-	495.83	473.57	361.12	321.49	294.63
Construction In Progress	-	92.95	86.84	91.92	99.36	83.83

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