SHE:301230 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	73.02	59.11	84.52	204.3	763.64	108.44
Short-Term Investments	-	-	4.53	4.96	6.36	4.33
Trading Asset Securities	215.15	248.98	251.77	340.79	10.65	0.4
Cash & Short-Term Investments	288.16	308.09	340.81	550.05	780.65	113.17
Cash Growth	-13.83%	-9.60%	-38.04%	-29.54%	589.78%	1.71%
Accounts Receivable	149.87	151.35	101.79	86.25	87.74	92.35
Other Receivables	4.72	4.65	3.07	2.53	0.02	0.01
Receivables	154.6	156	104.86	88.78	87.76	92.36
Inventory	90.87	74.05	69.04	61.42	51.09	46.77
Prepaid Expenses	-	-	-	-	1.65	-
Other Current Assets	44.5	43.96	39.6	31.08	15.39	24.91
Total Current Assets	578.13	582.1	554.32	731.32	936.53	277.21
Property, Plant & Equipment	331.83	338.38	359.83	570.23	254.66	217.62
Long-Term Investments	72.46	33.17	20.08	10.08	-	1.9
Other Intangible Assets	8.5	8.62	8.49	8.71	8.25	7.94
Long-Term Deferred Tax Assets	48.53	47.2	30.81	10.29	2.84	2.05
Long-Term Deferred Charges	274.74	283.08	318.97	155.33	71.06	50.62
Other Long-Term Assets	1.65	21.56	23.93	1.19	27.92	0.45
Total Assets	1,316	1,314	1,316	1,487	1,301	557.81
Accounts Payable	65.88	62.56	52.12	114.61	39.77	50.65
Accrued Expenses	34.19	43.74	34.65	32.61	34.34	31.26
Short-Term Debt	10.01	10.01	10.01	15.92	10.01	22.34
Current Portion of Long-Term Debt	23.7	25.99	-	-	-	-
Current Portion of Leases	-	-	20.41	18.76	9.86	9.09
Current Income Taxes Payable	2.72	2.3	0.92	3.33	2.21	7.46
Current Unearned Revenue	5.76	6.19	5.11	4.17	2.5	7.01
Other Current Liabilities	11.49	21.42	2.19	1.81	2.18	0.85
Total Current Liabilities	153.75	172.21	125.4	191.22	100.87	128.67
Long-Term Leases	125.64	129.3	151.29	171.67	80.43	76.92
Long-Term Unearned Revenue	0.22	0.22	0.17	-	-	-
Long-Term Deferred Tax Liabilities	5.78	4.16	3.31	3.63	2.51	0.06
Other Long-Term Liabilities	0.5	3.98	3.57	3.1	4.56	3.72
Total Liabilities	285.89	309.87	283.73	369.62	188.38	209.37
Common Stock	139.59	139.59	139.59	107.62	76.87	57.62
Additional Paid-In Capital	774.98	772.93	766.81	798.77	824.13	146.08
Retained Earnings	168.62	144.84	179.32	211.15	211.97	144.07
Treasury Stock	-53.08	-53.08	-53.08	-	-	-
Comprehensive Income & Other	-0.16	-0.04	0.06	-	-0.08	0.66
Shareholders' Equity	1,030	1,004	1,033	1,118	1,113	348.44
Total Liabilities & Equity	1,316	1,314	1,316	1,487	1,301	557.81
Total Debt	159.36	165.31	181.71	206.35	100.3	108.35
Net Cash (Debt)	128.81	142.78	159.11	343.69	680.35	4.82
Net Cash Growth	-13.47%	-10.26%	-53.71%	-49.48%	14005.50%	-94.56%
Net Cash Per Share	0.89	1.00	1.12	2.47	6.15	0.05
Filing Date Shares Outstanding	139.88	129.88	137.54	139.91	139.91	104.87
Total Common Shares Outstanding	139.88	129.88	137.54	139.91	139.91	104.87
Working Capital	424.38	409.88	428.92	540.1	835.66	148.54
Book Value Per Share	7.36	7.73	7.51	7.99	7.95	3.32
Tangible Book Value	1,021	995.61	1,024	1,109	1,105	340.5
Tangible Book Value Per Share	7.30	7.67	7.45	7.93	7.90	3.25
Buildings	-	-	53.88	53.88	52.56	48.86
Machinery	-	-	262.93	228.35	170.56	126.61
Construction In Progress	-	-	1.42	199.98	27.42	24.77
Order Backlog	-	-	311.78	308.14	365.31	236.88

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