SHE:301159 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	208.08	171.98	293.68	438	558.12	670.99
Trading Asset Securities	40	128.33	-	-	-	-
Cash & Short-Term Investments	248.08	300.31	293.68	438	558.12	670.99
Cash Growth	0.03%	2.26%	-32.95%	-21.52%	-16.82%	283.92%
Accounts Receivable	254.6	271.04	265.3	254.59	248.3	234.82
Other Receivables	14.47	14.15	16.79	18.85	20.96	22.07
Receivables	269.07	285.19	282.09	273.44	269.25	256.89
Inventory	106.64	72.34	76.13	126.38	72.5	66.72
Prepaid Expenses	-	-	-	-	4.03	-
Other Current Assets	6.95	5.23	6.47	4.38	3.78	2.01
Total Current Assets	630.73	663.06	658.38	842.2	907.68	996.6
Property, Plant & Equipment	114.93	118.23	139.47	125.12	100.79	21.87
Other Intangible Assets	4.36	3.43	3.2	2.85	2.73	1.27
Long-Term Accounts Receivable	-	-	7.47	6.98	6.71	4.67
Long-Term Deferred Tax Assets	43.3	43.3	39.24	39.86	28.22	5.45
Long-Term Deferred Charges	3.29	3.7	5.27	7.25	7.63	1.34
Other Long-Term Assets	9.01	11.79	0.29	5.33	8.55	-
Total Assets	805.63	843.52	853.31	1,030	1,062	1,031
Accounts Payable	9.39	12.83	10.21	11.81	40.76	11.89
Accrued Expenses	36.43	34.08	73.79	63.68	55.09	61.3
Short-Term Debt	0.05	1.44	-	-	-	-
Current Portion of Long-Term Debt	9.54	9.65	-	-	-	-
Current Portion of Leases	-	-	13.84	11.24	13.77	7.35
Current Income Taxes Payable	21.04	29.67	0.02	0.04	0.03	6.66
Current Unearned Revenue	66.82	63.36	62.1	49.95	57.57	40.02
Other Current Liabilities	4.18	3.84	1.99	1.87	1.74	1.52
Total Current Liabilities	147.46	154.88	161.95	138.59	168.95	128.73
Long-Term Leases	0.97	4.52	14.26	20.83	30.85	6.23
Long-Term Unearned Revenue	0.67	2.34	0.22	0.17	1.01	0.37
Other Long-Term Liabilities	0.33	0.33	-	-	-	-
Total Liabilities	149.42	162.06	176.42	159.59	200.8	135.32
Common Stock	77.35	77.35	77.35	77.35	77.35	77.35
Additional Paid-In Capital	587.68	629.55	631.92	627.61	625.33	623.9
Retained Earnings	-15.84	-39.9	-48.29	147.25	139.69	191.69
Comprehensive Income & Other	0.02	0.04	0.06	0.03	0.02	-0.07
Total Common Equity	649.21	667.04	661.04	852.25	842.4	892.87
Minority Interest	7	14.42	15.85	17.74	19.1	3.01
Shareholders' Equity	656.2	681.46	676.89	869.99	861.5	895.88
Total Liabilities & Equity	805.63	843.52	853.31	1,030	1,062	1,031
Total Debt	10.56	15.61	28.1	32.07	44.62	13.58
Net Cash (Debt)	237.52	284.7	265.58	405.93	513.5	657.41
Net Cash Growth	4.32%	7.20%	-34.58%	-20.95%	-21.89%	276.16%
Net Cash Per Share	3.13	3.73	3.44	5.37	6.63	11.32
Filing Date Shares Outstanding	76.78	72.51	77.35	77.35	77.35	77.35
Total Common Shares Outstanding	76.78	72.51	77.35	77.35	77.35	77.35
Working Capital	483.27	508.19	496.43	703.61	738.73	867.87
Book Value Per Share	8.46	9.20	8.55	11.02	10.89	11.54
Tangible Book Value	644.85	663.61	657.84	849.39	839.67	891.6
Tangible Book Value Per Share	8.40	9.15	8.50	10.98	10.86	11.53
Buildings	-	-	89.72	71.77	44.13	-
Machinery	-	-	26.32	23.52	22.26	16.66
Construction In Progress	-	-	16.11	12.64	-	-

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