SHE:301163 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	70.17	-	181.45	283.99	366.12	103.11
Trading Asset Securities	111.71	-	105.25	-	-	-
Cash & Short-Term Investments	181.88	-	286.69	283.99	366.12	103.11
Cash Growth	-31.42%	-	0.95%	-22.43%	255.07%	49.04%
Accounts Receivable	246.5	-	200.56	203.55	370.81	307.86
Other Receivables	8.55	-	8.8	16.05	1.02	3.54
Receivables	255.06	-	209.36	219.6	371.82	311.4
Inventory	226.86	-	217.78	194.35	231.61	143.5
Prepaid Expenses	-	-	0.2	0.23	-	-
Other Current Assets	22.81	-	14.49	25.83	36.4	21.45
Total Current Assets	686.61	-	728.52	724	1,006	579.46
Property, Plant & Equipment	725	-	590.73	555.88	377.21	273.38
Other Intangible Assets	32.8	-	33.71	35.35	22.1	23.12
Long-Term Deferred Tax Assets	16.09	-	19.83	10.75	12.33	2.2
Long-Term Deferred Charges	3	-	4.07	1.7	1.03	0.83
Other Long-Term Assets	55.4	-	43.17	4.81	73.68	24.2
Total Assets	1,519	-	1,420	1,332	1,492	903.19
Accounts Payable	109.66	-	158.47	132.02	300.41	199.35
Accrued Expenses	8.19	-	12.35	10.05	9.6	9.44
Short-Term Debt	64.3	-	49.53	40.03	44.32	66.48
Current Portion of Long-Term Debt	-	-	-	-	0.9	-
Current Portion of Leases	-	-	-	-	-	3.34
Current Income Taxes Payable	1.33	-	-	-	-	-
Current Unearned Revenue	0.28	-	0.35	4.95	0.01	0.06
Other Current Liabilities	16.43	-	14.54	12.97	36.84	30.59
Total Current Liabilities	200.19	-	235.23	200.02	392.08	309.26
Long-Term Debt	124.01	-	27.74	-	-	-
Long-Term Leases	-	-	-	-	-	0.9
Long-Term Unearned Revenue	30.57	-	23.35	8.44	5.12	5.77
Long-Term Deferred Tax Liabilities	18.01	-	21.53	12.79	12.24	5.36
Total Liabilities	372.77	-	307.85	221.25	409.44	321.3
Common Stock	81.6	-	81.6	81.6	81.6	61.2
Additional Paid-In Capital	692.98	-	692.98	692.98	692.98	248.98
Retained Earnings	371.54	-	337.59	336.65	308.28	257.22
Total Common Equity	1,146	-	1,112	1,111	1,083	567.39
Minority Interest	-	-	-	-	-	14.5
Shareholders' Equity	1,146	-	1,112	1,111	1,083	581.9
Total Liabilities & Equity	1,519	-	1,420	1,332	1,492	903.19
Total Debt	188.31	-	77.27	40.03	45.22	70.72
Net Cash (Debt)	-6.43	-	209.43	243.96	320.9	32.39
Net Cash Growth	-	-	-14.16%	-23.98%	890.70%	-1.80%
Net Cash Per Share	-0.08	-	2.57	2.99	4.29	0.53
Filing Date Shares Outstanding	81.62	81.61	81.6	81.6	81.6	81.6
Total Common Shares Outstanding	81.62	81.61	81.6	81.6	81.6	61.2
Working Capital	486.42	-	493.29	523.99	613.88	270.2
Book Value Per Share	14.04	-	13.63	13.62	13.27	9.27
Tangible Book Value	1,113	-	1,078	1,076	1,061	544.28
Tangible Book Value Per Share	13.64	-	13.22	13.18	13.00	8.89
Buildings	-	-	319.55	287.5	156.33	159.56
Machinery	-	-	556.28	405.6	335.38	299.61
Construction In Progress	8.74	-	12.5	112.77	106.53	40.2

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