SHE:301368 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	182.82	193.92	165.6	328.56	629.96	46.39
Trading Asset Securities	-	-	-	10.18	-	-
Cash & Short-Term Investments	182.82	193.92	165.6	338.74	629.96	46.39
Cash Growth	-0.33%	17.10%	-51.11%	-46.23%	1257.97%	-25.92%
Accounts Receivable	201.29	204.9	179.05	156.66	102.21	145.99
Other Receivables	1.52	5.69	0.32	4.08	2.25	0.31
Receivables	202.8	210.59	179.37	160.74	104.46	146.3
Inventory	191.68	177.55	146.29	119.34	98.21	128.4
Other Current Assets	28.89	61.31	16.28	6.19	10.15	14.34
Total Current Assets	606.19	643.37	507.54	625.01	842.79	335.43
Property, Plant & Equipment	872.69	829.78	620.46	449.64	367.61	276.4
Long-Term Investments	-	-	31.8	30.81	-	-
Other Intangible Assets	107.76	108.61	109.06	60.78	62.66	64.25
Long-Term Deferred Tax Assets	8.14	9.26	2.16	1.53	1.38	1.76
Long-Term Deferred Charges	1.57	1.69	-	-	-	-
Other Long-Term Assets	33.12	9.25	43.93	55.87	-	7.04
Total Assets	1,629	1,602	1,315	1,224	1,274	684.87
Accounts Payable	332.49	296.45	244.89	226.74	176.88	272.73
Accrued Expenses	10.64	13.69	14.22	13.1	8.76	12.51
Short-Term Debt	181.55	215.87	60.9	-	36.11	37.09
Current Portion of Long-Term Debt	1.28	1.28	-	-	-	-
Current Portion of Leases	-	-	0.99	-	-	-
Current Income Taxes Payable	1.23	3.47	-	-	-	2.34
Current Unearned Revenue	1.69	2.04	2.12	2.61	2.4	1.44
Other Current Liabilities	12.58	13.9	5.9	5.49	3.98	0.78
Total Current Liabilities	541.47	546.7	329.01	247.94	228.13	326.89
Long-Term Debt	108.89	75.67	-	-	82.18	29.27
Long-Term Leases	2.73	3.01	4.43	-	-	-
Long-Term Unearned Revenue	33.78	33.77	4.83	5.39	2.39	2.24
Long-Term Deferred Tax Liabilities	-	-	0	-	0.46	-
Total Liabilities	686.88	659.15	338.28	253.33	313.16	358.4
Common Stock	120.1	120.1	120.1	120.1	120.1	90
Additional Paid-In Capital	664.62	664.62	664.62	664.62	664.62	104.82
Retained Earnings	158.28	158.01	192.22	185.64	176.56	131.66
Comprehensive Income & Other	-0.4	0.08	-0.26	-0.05	-	-
Shareholders' Equity	942.59	942.81	976.68	970.31	961.28	326.48
Total Liabilities & Equity	1,629	1,602	1,315	1,224	1,274	684.87
Total Debt	294.46	295.82	66.32	-	118.29	66.36
Net Cash (Debt)	-111.64	-101.9	99.28	338.74	511.68	-19.97
Net Cash Growth	-	-	-70.69%	-33.80%	-	-
Net Cash Per Share	-0.97	-0.86	0.83	2.81	5.70	-0.22
Filing Date Shares Outstanding	131.15	164.32	120.1	120.1	120.1	90
Total Common Shares Outstanding	131.15	164.32	120.1	120.1	120.1	90
Working Capital	64.73	96.68	178.53	377.07	614.66	8.54
Book Value Per Share	7.19	5.74	8.13	8.08	8.00	3.63
Tangible Book Value	834.83	834.2	867.63	909.53	898.62	262.23
Tangible Book Value Per Share	6.37	5.08	7.22	7.57	7.48	2.91
Buildings	-	-	206.6	203.68	196.77	72.28
Machinery	-	-	460.69	320.33	291.56	274.59
Construction In Progress	-	-	153.78	93.46	18.37	45.55

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