SHE:301259 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	177.39	138.1	171.54	66.83	145.77	143.77
Trading Asset Securities	122.64	163.01	102.56	127.83	43.09	-
Cash & Short-Term Investments	300.03	301.11	274.09	194.66	188.85	143.77
Cash Growth	-14.97%	9.86%	40.81%	3.08%	31.35%	53.25%
Accounts Receivable	204.58	258	471.29	406.85	597.71	552.52
Other Receivables	7.73	6.5	47.92	16.61	46.86	17.21
Receivables	212.31	264.5	519.21	423.46	644.57	569.72
Inventory	9.64	6.94	5.18	16.98	4.66	6.13
Prepaid Expenses	-	-	-	-	1.49	-
Other Current Assets	124.15	135.29	7.21	3.81	4.85	1.04
Total Current Assets	646.13	707.83	805.7	638.9	844.42	720.67
Property, Plant & Equipment	137.68	143.28	183.65	92.08	83.96	17.88
Long-Term Investments	438.64	450.68	211.38	281.8	235.29	-
Goodwill	-	-	-	-	1.79	-
Other Intangible Assets	34.62	36.32	43.14	11.75	12.04	12.3
Long-Term Accounts Receivable	-	-	-	208.62	180.27	151.46
Long-Term Deferred Tax Assets	39.37	38.09	34.33	26.47	19.91	8.64
Long-Term Deferred Charges	3.75	3.88	5.06	5.77	6.34	-
Other Long-Term Assets	406.53	374.19	375.98	178.93	170.89	-
Total Assets	1,707	1,754	1,659	1,444	1,555	910.95
Accounts Payable	226.79	281.73	414.22	330.66	427.05	392.22
Accrued Expenses	2.32	2.49	5.25	5.7	7.4	12.77
Short-Term Debt	-	-	12.67	-	20	5
Current Portion of Long-Term Debt	47.83	47.47	19.83	9.35	6.8	6
Current Portion of Leases	-	-	4.05	4.76	3.74	-
Current Income Taxes Payable	2.06	2.81	0.1	-	12.99	8.21
Current Unearned Revenue	32.71	27.7	17.4	4.24	1.17	1.59
Other Current Liabilities	43.63	51.4	58.44	63.33	64.71	44.75
Total Current Liabilities	355.32	413.59	531.97	418.04	543.87	470.53
Long-Term Debt	252.18	252.18	217.17	112	61.2	65
Long-Term Leases	19.23	19.31	14.83	29.96	33.09	-
Long-Term Unearned Revenue	4.72	-	-	0.11	1.11	1
Long-Term Deferred Tax Liabilities	5.05	4.9	4.14	7.06	6.59	-
Total Liabilities	636.49	689.98	768.11	567.17	645.85	536.53
Common Stock	156	156	156	156	120	90
Additional Paid-In Capital	448.06	445.12	437.66	437.66	476.6	15.01
Retained Earnings	275.98	266.33	236.23	267.07	298.23	260.27
Comprehensive Income & Other	5.33	5.27	4.58	5.24	5.95	3.76
Total Common Equity	885.38	872.73	834.47	865.98	900.78	369.04
Minority Interest	184.85	191.56	56.65	11.17	8.28	5.38
Shareholders' Equity	1,070	1,064	891.12	877.15	909.05	374.42
Total Liabilities & Equity	1,707	1,754	1,659	1,444	1,555	910.95
Total Debt	319.24	318.96	268.55	156.07	124.83	76
Net Cash (Debt)	-19.21	-17.85	5.55	38.59	64.02	67.77
Net Cash Growth	-	-	-85.62%	-39.73%	-5.53%	-27.76%
Net Cash Per Share	-0.12	-0.11	0.04	0.27	0.45	0.58
Filing Date Shares Outstanding	155.89	155.68	156	156	156	117
Total Common Shares Outstanding	155.89	155.68	156	156	156	117
Working Capital	290.81	294.24	273.73	220.86	300.55	250.14
Book Value Per Share	5.68	5.61	5.35	5.55	5.77	3.15
Tangible Book Value	850.76	836.41	791.33	854.22	886.95	356.74
Tangible Book Value Per Share	5.46	5.37	5.07	5.48	5.69	3.05
Buildings	-	-	42.49	43.82	34.71	-
Machinery	-	-	134.66	21.88	11.99	5.88
Construction In Progress	-	-	1.41	1.22	6.25	15.56
Order Backlog	-	-	193.21	-	-	-

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