SHE:301190 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	433.46	763.15	1,064	1,331	1,330	1,518
Trading Asset Securities	119.88	104.48	152.05	156.82	354.58	196.69
Cash & Short-Term Investments	553.34	867.64	1,216	1,488	1,684	1,715
Cash Growth	-48.23%	-28.64%	-18.27%	-11.68%	-1.78%	904.43%
Accounts Receivable	304.76	384.32	212.34	214.67	124.18	263.51
Other Receivables	4.55	1.15	1.26	1.36	0.39	0.19
Receivables	309.31	385.48	213.6	216.03	124.57	263.7
Inventory	141.42	146.28	76.79	96.47	56.12	83.66
Other Current Assets	30.24	35.35	3.75	18.74	15.11	11.32
Total Current Assets	1,034	1,435	1,510	1,819	1,880	2,074
Property, Plant & Equipment	766.19	753.54	646.79	583.28	307.92	116.79
Long-Term Investments	248.41	5	5	5	5	5
Other Intangible Assets	19.2	19.33	19.38	19.85	20.33	20.8
Long-Term Deferred Tax Assets	37.26	37.26	18.63	16.73	1.5	1.45
Long-Term Deferred Charges	18.82	15.03	5.27	3.23	2.13	1.03
Other Long-Term Assets	66.41	44.06	13.12	4.3	30.4	1.86
Total Assets	2,191	2,309	2,218	2,451	2,248	2,221
Accounts Payable	57.66	58.75	53.76	131.15	4.65	8.43
Accrued Expenses	21.28	36.72	22.28	23.33	14.54	13.96
Short-Term Debt	-	20.01	50.04	-	-	-
Current Portion of Long-Term Debt	3.62	3.3	-	47	-	-
Current Portion of Leases	-	-	0.46	0.28	0.27	0.15
Current Income Taxes Payable	10.44	12.96	3.7	10.92	3.66	17.69
Current Unearned Revenue	7.14	7.51	2.12	3.78	3.47	1.22
Other Current Liabilities	93.76	213.64	153.26	205.72	122.86	151.06
Total Current Liabilities	193.91	352.89	285.62	422.19	149.44	192.51
Long-Term Debt	7.2	7.8	-	-	47	47
Long-Term Leases	3.26	1.91	0.84	0.62	0.9	-
Long-Term Unearned Revenue	5.01	3.17	3.81	4.45	5.13	5.81
Long-Term Deferred Tax Liabilities	0.21	0.22	0.23	0.32	1.2	0.66
Total Liabilities	209.6	365.99	290.5	427.57	203.66	245.98
Common Stock	214.64	214.64	214.64	214.64	214.64	214.64
Additional Paid-In Capital	1,357	1,357	1,357	1,357	1,357	1,357
Retained Earnings	559.78	521.82	480.73	459.08	470.22	402.01
Treasury Stock	-152.25	-152.25	-127.17	-8.24	-	-
Comprehensive Income & Other	2.06	2	2.76	1.59	2.26	1.2
Total Common Equity	1,981	1,943	1,928	2,024	2,044	1,975
Shareholders' Equity	1,981	1,943	1,928	2,024	2,044	1,975
Total Liabilities & Equity	2,191	2,309	2,218	2,451	2,248	2,221
Total Debt	14.09	33.02	51.34	47.9	48.17	47.15
Net Cash (Debt)	539.25	834.61	1,165	1,440	1,636	1,668
Net Cash Growth	-48.92%	-28.33%	-19.12%	-12.00%	-1.89%	876.81%
Net Cash Per Share	2.64	4.06	5.57	6.71	7.62	10.36
Filing Date Shares Outstanding	205.3	205.37	206.79	214.18	214.64	214.64
Total Common Shares Outstanding	205.3	205.37	206.79	214.18	214.64	214.64
Working Capital	840.4	1,082	1,224	1,397	1,731	1,881
Book Value Per Share	9.65	9.46	9.32	9.45	9.52	9.20
Tangible Book Value	1,962	1,924	1,908	2,004	2,024	1,954
Tangible Book Value Per Share	9.56	9.37	9.23	9.36	9.43	9.10
Buildings	-	-	358.01	110.2	60.97	59.64
Machinery	-	-	266.14	120.59	118.37	113.04
Construction In Progress	-	-	119.93	437.63	199.76	2.39

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