SHE:301349 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	138.89	209.04	162.3	261.57	45.01	19.75
Trading Asset Securities	1,205	1,305	1,389	1,419	2,014	-
Cash & Short-Term Investments	1,344	1,514	1,551	1,681	2,059	19.75
Cash Growth	-9.64%	-2.43%	-7.70%	-18.36%	10324.41%	39.74%
Accounts Receivable	527.95	475.92	280.69	224.8	241.81	160.93
Other Receivables	9.98	53.86	20	24.38	16.13	17.95
Receivables	537.93	529.78	300.69	279.19	257.94	178.88
Inventory	447.12	293.1	213.12	267.39	206.1	72.97
Other Current Assets	147.56	55.85	33.4	14.03	40.4	13.02
Total Current Assets	2,476	2,392	2,099	2,242	2,563	284.62
Property, Plant & Equipment	600.29	540.5	567.35	587.38	383.41	279.86
Long-Term Investments	70.9	71.44	35.63	-	-	-
Goodwill	187.61	185.5	185.5	185.5	-	-
Other Intangible Assets	137.61	117.58	111.34	115.22	70.89	73.37
Long-Term Deferred Tax Assets	29.05	28.4	24.05	13.99	3.98	1.08
Long-Term Deferred Charges	3.85	3.84	2.03	1.13	-	4.67
Other Long-Term Assets	7.13	6.85	2.23	11.11	10.06	16.23
Total Assets	3,513	3,347	3,027	3,156	3,032	659.85
Accounts Payable	80.15	36.66	26.97	45.62	47.78	27.35
Accrued Expenses	4.27	10.13	13.83	9.39	21.47	9.25
Short-Term Debt	290.28	287.96	4	117.09	85.5	15
Current Portion of Long-Term Debt	60.69	60.09	50.13	7.06	-	29.54
Current Portion of Leases	-	0.47	0.51	0.79	-	-
Current Income Taxes Payable	12.58	4.65	4.89	0.69	10.33	4.61
Current Unearned Revenue	10.57	4.78	7.6	4.1	0.45	3.34
Other Current Liabilities	79.73	92.66	65.16	73.21	31.68	27.2
Total Current Liabilities	538.27	497.4	173.09	257.94	197.21	116.31
Long-Term Debt	109.29	58	118	93	-	31
Long-Term Leases	1.69	0.45	0.2	0.51	-	-
Long-Term Unearned Revenue	33.28	32.86	35.08	29.37	30.66	25.27
Long-Term Deferred Tax Liabilities	6.1	2.43	3.09	3.38	1.77	-
Total Liabilities	688.63	591.15	329.47	384.2	229.64	172.57
Common Stock	102	102	102	102	68	51
Additional Paid-In Capital	2,352	2,348	2,342	2,339	2,373	224.54
Retained Earnings	340.6	309.29	270.67	334.02	360.72	211.73
Treasury Stock	-35.21	-35.21	-35.21	-10.88	-	-
Comprehensive Income & Other	5.37	4.93	6.51	3.07	-	-
Total Common Equity	2,764	2,729	2,686	2,768	2,802	487.27
Minority Interest	59.67	26.45	11.55	4.13	-	-
Shareholders' Equity	2,824	2,755	2,697	2,772	2,802	487.27
Total Liabilities & Equity	3,513	3,347	3,027	3,156	3,032	659.85
Total Debt	461.95	406.97	172.85	218.44	85.5	75.54
Net Cash (Debt)	881.76	1,107	1,379	1,463	1,973	-55.79
Net Cash Growth	-31.03%	-19.72%	-5.74%	-25.89%	-	-
Net Cash Per Share	8.74	10.96	13.63	14.34	23.81	-0.73
Filing Date Shares Outstanding	100.94	100.94	100.94	102	102	76.5
Total Common Shares Outstanding	100.94	100.94	100.94	102	102	76.5
Working Capital	1,938	1,895	1,926	1,984	2,366	168.32
Book Value Per Share	27.39	27.04	26.61	27.13	27.47	6.37
Tangible Book Value	2,439	2,426	2,389	2,467	2,731	413.9
Tangible Book Value Per Share	24.17	24.03	23.67	24.18	26.78	5.41
Buildings	-	295.75	297.57	279.29	184.89	82.44
Machinery	-	419.62	382.39	367.67	161.57	59.41
Construction In Progress	-	16.09	26.77	25.86	70.46	159.37

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