SHE:301202 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	Dec '21 Dec 31, 2021
Cash & Equivalents	355.67	257.87	168.7	41.85	50.72	81.09
Short-Term Investments	-	10.05	398.86	539.24	-	-
Trading Asset Securities	-	172	25	-	-	-
Cash & Short-Term Investments	355.67	439.91	592.55	581.09	50.72	81.09
Cash Growth	-13.08%	-25.76%	1.97%	1045.64%	-37.45%	99.89%
Accounts Receivable	416.87	414.07	473.33	281.83	235.16	303.09
Other Receivables	32.77	8.67	16.16	5.39	3.27	2.91
Receivables	449.64	422.75	489.49	287.22	238.43	306
Inventory	249.06	195.73	193.17	155.07	117.26	126.41
Prepaid Expenses	-	0.93	-	-	5.46	-
Other Current Assets	53.18	41.87	18.8	6.21	6.67	11.77
Total Current Assets	1,108	1,101	1,294	1,030	418.54	525.27
Property, Plant & Equipment	616.65	587.41	360.15	328.56	297.85	296.72
Other Intangible Assets	126.25	127.08	59.38	59.38	48.99	46.22
Long-Term Deferred Tax Assets	4.43	4.68	3.63	1.32	2.94	2.08
Long-Term Deferred Charges	4.21	4.5	6.08	5.25	0.48	0.46
Other Long-Term Assets	97.35	83.2	89.04	71.67	98.26	118.86
Total Assets	1,956	1,908	1,812	1,496	867.07	989.59
Accounts Payable	391.06	414.79	318.32	132.8	110.31	170.73
Accrued Expenses	21.01	50.24	43.75	29.04	28.53	30.89
Short-Term Debt	254.26	185.03	191.96	84.98	196.02	242.06
Current Portion of Long-Term Debt	-	0.85	-	12.14	5.21	10.01
Current Portion of Leases	6.63	6.64	6.68	4.16	2.8	2.82
Current Income Taxes Payable	9.29	1.54	2.89	6.05	1.39	5.07
Current Unearned Revenue	9.98	9.62	4.89	8.23	7.79	17.92
Other Current Liabilities	13.52	12.18	8.38	12.32	15.08	22.31
Total Current Liabilities	705.74	680.88	576.86	289.72	367.13	501.82
Long-Term Debt	9.61	7.63	-	8.81	55.17	105.06
Long-Term Leases	20.22	18.78	10.39	7.5	5.98	4.49
Long-Term Unearned Revenue	5.48	3.93	4.55	4.04	4.57	3.28
Long-Term Deferred Tax Liabilities	-	0.55	0.84	1.34	1.42	1.05
Total Liabilities	741.06	711.77	592.64	311.4	434.27	615.69
Common Stock	136.4	136.4	136.4	136.4	102.3	102.3
Additional Paid-In Capital	712.07	712.07	712.07	712.07	2.78	2.78
Retained Earnings	372.86	355.17	369.99	333.33	325.97	268.17
Comprehensive Income & Other	-5.95	-7.34	1.18	2.57	1.74	0.66
Shareholders' Equity	1,215	1,196	1,220	1,184	432.79	373.9
Total Liabilities & Equity	1,956	1,908	1,812	1,496	867.07	989.59
Total Debt	290.72	218.93	209.03	117.58	265.18	364.43
Net Cash (Debt)	64.95	220.99	383.53	463.51	-214.45	-283.34
Net Cash Growth	-64.04%	-42.38%	-17.26%	-	-	-
Net Cash Per Share	0.47	1.62	2.82	3.89	-2.11	-2.77
Filing Date Shares Outstanding	136.4	136.4	136.4	136.4	102.3	102.3
Total Common Shares Outstanding	136.4	136.4	136.4	136.4	102.3	102.3
Working Capital	401.81	420.32	717.15	739.87	51.41	23.45
Book Value Per Share	8.91	8.77	8.94	8.68	4.23	3.65
Tangible Book Value	1,089	1,069	1,160	1,125	383.8	327.68
Tangible Book Value Per Share	7.98	7.84	8.51	8.25	3.75	3.20
Buildings	-	278.17	241.29	240.59	220.75	205.09
Machinery	-	317.12	284.23	245.19	202.17	194.14
Construction In Progress	-	198.5	12.33	0.56	6.01	-