SHE:301388 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	217.62	208.06	430.39	558.25	615.2	55.58
Trading Asset Securities	128	172.11	-	-	0	0.01
Cash & Short-Term Investments	345.63	380.18	430.39	558.25	615.2	55.59
Cash Growth	-17.44%	-11.67%	-22.91%	-9.26%	1006.77%	-49.63%
Accounts Receivable	188.46	184.4	201.6	186.92	203.99	184.18
Other Receivables	1.48	7.64	7.81	6.44	8.54	4.02
Receivables	189.94	192.04	209.41	193.36	212.52	188.2
Inventory	140.82	127.75	133.25	133.73	142.68	161.9
Other Current Assets	10.58	3.92	3.06	4.88	5.98	9.91
Total Current Assets	686.97	703.89	776.11	890.23	976.39	415.6
Property, Plant & Equipment	372.7	375.9	327.82	321.45	281.05	223.89
Long-Term Investments	3.82	3.9	1.77	0.64	-	-
Other Intangible Assets	44.09	44.18	45.09	32.09	36.74	37.94
Long-Term Deferred Tax Assets	14.53	13.77	12.48	10.66	6.37	5.07
Long-Term Deferred Charges	0.11	0.13	-	1.08	-	-
Other Long-Term Assets	101.38	87.04	11.47	15.25	22.59	13.64
Total Assets	1,224	1,229	1,175	1,271	1,323	696.14
Accounts Payable	107.86	112.04	109.82	106.11	114.57	123.23
Accrued Expenses	11.98	20.74	20.46	20.13	23.93	22.5
Short-Term Debt	57.7	55.63	17.26	47.1	102.58	84.95
Current Portion of Long-Term Debt	0.2	-	-	36.54	10.01	-
Current Portion of Leases	-	0.2	0.2	0.96	0.88	1.81
Current Income Taxes Payable	2.7	0.6	0.2	0.79	4.16	4.1
Current Unearned Revenue	6.04	5.2	4.05	4.41	4.27	4.55
Other Current Liabilities	22.57	25.48	25.32	21.14	22.38	29.5
Total Current Liabilities	209.06	219.9	177.31	237.17	282.78	270.64
Long-Term Debt	-	-	-	10.01	2	46
Long-Term Leases	-	-	0.19	0.44	0.82	0.71
Long-Term Unearned Revenue	11.72	10.32	9.72	11.45	8.54	9.94
Total Liabilities	220.77	230.22	187.23	259.08	294.14	327.28
Common Stock	102.45	102.45	102.45	102.45	102.45	76.84
Additional Paid-In Capital	669.62	669.62	669.68	669.68	669.69	100.97
Retained Earnings	212.82	207.86	196.95	217.49	236.15	175.63
Total Common Equity	984.89	979.93	969.09	989.63	1,008	353.44
Minority Interest	17.93	18.65	18.42	22.7	20.71	15.42
Shareholders' Equity	1,003	998.58	987.51	1,012	1,029	368.85
Total Liabilities & Equity	1,224	1,229	1,175	1,271	1,323	696.14
Total Debt	57.9	55.83	17.65	95.05	116.29	133.46
Net Cash (Debt)	287.73	324.35	412.74	463.2	498.91	-77.88
Net Cash Growth	-26.98%	-21.41%	-10.89%	-7.16%	-	-
Net Cash Per Share	2.81	3.22	4.04	4.54	6.18	-1.01
Filing Date Shares Outstanding	99.1	102.45	102.45	102.45	102.45	76.84
Total Common Shares Outstanding	99.1	102.45	102.45	102.45	102.45	76.84
Working Capital	477.91	483.99	598.8	653.05	693.61	144.97
Book Value Per Share	9.94	9.57	9.46	9.66	9.84	4.60
Tangible Book Value	940.8	935.76	924	957.54	971.54	315.5
Tangible Book Value Per Share	9.49	9.13	9.02	9.35	9.48	4.11
Buildings	-	172.33	172.33	162.91	190.2	75.73
Machinery	-	266.35	229.78	217.05	171.62	140.47
Construction In Progress	-	70.95	21.06	31.06	11.26	82.35

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