SHE:301419 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	Dec '21 Dec 31, 2021
Cash & Equivalents	462.37	506.51	497.92	524.13	92.99	84.74
Cash & Short-Term Investments	462.37	506.51	497.92	524.13	92.99	84.74
Cash Growth	-7.16%	1.73%	-5.00%	463.62%	9.74%	-6.60%
Accounts Receivable	133.11	142.83	113.87	105.1	160.13	126.04
Other Receivables	1.58	5.78	6.64	4.11	4.59	5.47
Receivables	134.69	148.6	120.5	109.21	164.72	131.51
Inventory	67.63	58.74	50.6	45.78	70.46	57.92
Prepaid Expenses	-	-	-	-	0.55	-
Other Current Assets	20.71	4.56	4.73	6.2	15.99	13.86
Total Current Assets	685.39	718.41	673.75	685.32	344.72	288.03
Property, Plant & Equipment	190.7	194.86	225.32	241.09	308.54	271.55
Long-Term Investments	1	1	0.5	-	-	-
Other Intangible Assets	73.19	27.79	28.46	29.45	29.63	30.58
Long-Term Deferred Tax Assets	2.14	2.39	2.49	2.92	2.63	2.18
Long-Term Deferred Charges	33.41	35.25	40.13	31.22	1.5	0.37
Other Long-Term Assets	85.11	85.13	69.9	61.26	14.43	6.92
Total Assets	1,071	1,065	1,041	1,051	701.44	599.64
Accounts Payable	84.82	79.19	71.65	67.01	100.66	86.09
Accrued Expenses	4.44	16.91	9.47	17.11	13.37	8.92
Short-Term Debt	-	-	-	-	106.92	81.08
Current Portion of Long-Term Debt	1.52	-	-	-	27.63	27.55
Current Portion of Leases	-	1.73	3.1	3.55	4.78	3.21
Current Income Taxes Payable	2.89	0.79	1.36	0.59	3.4	2
Current Unearned Revenue	0.63	0.7	1.34	0.87	0.41	2.56
Other Current Liabilities	1.75	2.14	1.7	1.28	1.57	1.01
Total Current Liabilities	96.05	101.46	88.63	90.4	258.74	212.43
Long-Term Debt	-	-	-	-	27.55	55.09
Long-Term Leases	1.79	1.98	1.92	5.36	9.77	2.66
Long-Term Unearned Revenue	-	-	0.1	0.23	-	-
Long-Term Deferred Tax Liabilities	2.98	3	3.03	3.01	2.16	0.63
Total Liabilities	100.82	106.44	93.68	98.99	298.23	270.81
Common Stock	120	120	100	100	75	75
Additional Paid-In Capital	501.11	501.11	521.11	521.11	3.67	3.67
Retained Earnings	352.76	340.38	326.79	331	324.29	250.02
Comprehensive Income & Other	-1.42	-1.02	-0.15	-0.26	-0.44	-0.76
Total Common Equity	972.45	960.48	947.75	951.86	402.52	327.93
Minority Interest	-2.33	-2.09	-0.88	0.41	0.7	0.9
Shareholders' Equity	970.12	958.39	946.87	952.27	403.22	328.83
Total Liabilities & Equity	1,071	1,065	1,041	1,051	701.44	599.64
Total Debt	3.3	3.7	5.02	8.91	176.64	169.59
Net Cash (Debt)	459.06	502.81	492.89	515.22	-83.65	-84.85
Net Cash Growth	-7.08%	2.01%	-4.33%	-	-	-
Net Cash Per Share	3.83	4.19	4.11	4.48	-0.93	-0.94
Filing Date Shares Outstanding	120.03	120	120	120	90	90
Total Common Shares Outstanding	120.03	120	120	120	90	90
Working Capital	589.34	616.94	585.12	594.92	85.98	75.6
Book Value Per Share	8.10	8.00	7.90	7.93	4.47	3.64
Tangible Book Value	899.25	932.69	919.29	922.41	372.89	297.34
Tangible Book Value Per Share	7.49	7.77	7.66	7.69	4.14	3.30
Buildings	-	139.75	157.9	170.9	218.21	222.24
Machinery	-	153.88	143.23	129.01	110.17	86.25
Construction In Progress	-	0.13	4.76	0.97	25.61	6.16

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