SHE:301313 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	182.19	169.91	250.09	332.6	555.36	165.54
Trading Asset Securities	-	25.02	10.1	171.83	-	-
Cash & Short-Term Investments	182.19	194.93	260.19	504.43	555.36	165.54
Cash Growth	-37.20%	-25.08%	-48.42%	-9.17%	235.49%	-16.16%
Accounts Receivable	419.81	413.11	420.26	527.31	501.1	431.31
Other Receivables	15.16	20.35	12.35	12.22	11.86	12.2
Receivables	434.97	433.46	432.62	539.53	512.96	443.51
Inventory	73.34	72.39	121.62	52.51	29.05	40.18
Other Current Assets	18.57	20.31	18.77	5.48	3	4.85
Total Current Assets	709.07	721.1	833.2	1,102	1,100	654.07
Property, Plant & Equipment	264.43	261.98	248.82	149.69	114.33	105.76
Goodwill	88.34	88.34	51.6	1.6	1.91	3.09
Other Intangible Assets	231.7	235.53	170.95	167.52	2.86	3.77
Long-Term Accounts Receivable	-	-	21.05	27.36	25.03	26.17
Long-Term Deferred Tax Assets	57.58	54.15	48.26	39.65	34.55	22.2
Long-Term Deferred Charges	11.26	12.28	12.66	6.46	6.65	11.52
Other Long-Term Assets	23.14	24.29	2.97	4.09	173.01	-
Total Assets	1,416	1,398	1,390	1,498	1,459	826.57
Accounts Payable	368.58	366.85	331.28	341.11	284.39	220.78
Accrued Expenses	21.45	36.04	41.56	36.76	34.33	38.05
Short-Term Debt	92.9	73.09	55.71	8.15	22.83	11.83
Current Portion of Leases	-	-	8.4	7.63	7.78	5.13
Current Income Taxes Payable	2.33	-	2.09	6.04	7.31	9.84
Current Unearned Revenue	49.82	55.59	41.31	5.39	4.43	27.1
Other Current Liabilities	80.41	98.23	81.29	44.02	33.74	30.48
Total Current Liabilities	631.09	629.8	561.65	449.1	394.81	343.2
Long-Term Debt	80.14	36.74	5.61	-	-	-
Long-Term Leases	0.6	0.73	8.88	15.09	21.59	13.39
Long-Term Unearned Revenue	4.8	4.8	-	-	0.09	1.17
Long-Term Deferred Tax Liabilities	18.12	18.84	4.1	2.62	3.61	-
Other Long-Term Liabilities	-	0.1	-	-	-	-
Total Liabilities	734.74	691.01	580.24	466.81	420.1	357.76
Common Stock	103.45	103.45	104.69	102.33	102.33	76.75
Additional Paid-In Capital	724.67	721.79	750.96	707.38	712.74	182.42
Retained Earnings	-136	-110.87	24.13	226.73	230.74	212.38
Treasury Stock	-46.77	-46.77	-69.78	-	-	-
Total Common Equity	645.34	667.6	810.01	1,036	1,046	471.55
Minority Interest	35.42	39.07	-0.73	-4.94	-7.21	-2.74
Shareholders' Equity	680.77	706.67	809.28	1,032	1,039	468.81
Total Liabilities & Equity	1,416	1,398	1,390	1,498	1,459	826.57
Total Debt	189.24	110.56	78.61	30.87	52.2	30.35
Net Cash (Debt)	-7.05	84.38	181.58	473.56	503.16	135.19
Net Cash Growth	-	-53.53%	-61.66%	-5.88%	272.19%	-24.25%
Net Cash Per Share	-0.07	0.81	1.73	4.51	6.06	1.76
Filing Date Shares Outstanding	104.73	104.22	103.46	104.21	102.33	75.73
Total Common Shares Outstanding	104.73	104.22	103.46	102.33	102.33	75.73
Working Capital	77.98	91.3	271.56	652.84	705.54	310.87
Book Value Per Share	6.16	6.41	7.83	10.13	10.22	6.23
Tangible Book Value	325.3	343.72	587.45	867.32	1,041	464.7
Tangible Book Value Per Share	3.11	3.30	5.68	8.48	10.17	6.14
Buildings	-	-	77.99	77.99	81.01	79.67
Machinery	-	-	49.31	42.8	40.01	37.97
Construction In Progress	-	-	151.44	46.63	-	-

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