SHE:301517 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	235.88	256.63	247.46	753.43	83.78	85.97
Trading Asset Securities	371.89	370.16	400.03	-	-	-
Cash & Short-Term Investments	607.77	626.79	647.48	753.43	83.78	85.97
Cash Growth	-0.07%	-3.20%	-14.06%	799.26%	-2.54%	-19.81%
Accounts Receivable	758.6	791.66	757.73	835.9	744.74	670.21
Other Receivables	2.06	2.28	0.35	6.13	0.69	0.54
Receivables	760.66	793.94	758.09	842.04	745.43	670.74
Inventory	343.5	299.49	337.19	393.14	509.08	448.22
Prepaid Expenses	-	-	-	-	-	0.02
Other Current Assets	6.68	4.15	6.29	2.54	8.98	3.49
Total Current Assets	1,719	1,724	1,749	1,991	1,347	1,208
Property, Plant & Equipment	392.07	382.74	379.8	391.46	365.26	352.89
Long-Term Investments	0.14	0.25	0.24	0.53	0.78	0.71
Other Intangible Assets	18.33	19.08	18.98	17.38	17.1	18.64
Long-Term Deferred Tax Assets	59.34	56.04	37.88	31.27	27.82	23.29
Long-Term Deferred Charges	0.4	0.43	0.32	0.45	0.46	0.81
Other Long-Term Assets	6.69	12.68	5.33	1.76	1.78	3.67
Total Assets	2,196	2,196	2,192	2,434	1,760	1,608
Accounts Payable	464.41	445.47	352.4	457.47	537.66	497.52
Accrued Expenses	34.88	44.93	42.46	43.87	38.42	32.24
Short-Term Debt	96.9	90.36	120.51	240.08	287.95	261.58
Current Portion of Long-Term Debt	118.03	119.39	28.87	24.91	19.88	30.19
Current Portion of Leases	-	-	5.61	2.51	1.27	-
Current Income Taxes Payable	2.29	3.89	6.55	7.08	6.76	6.61
Current Unearned Revenue	4.57	3.13	3.83	8.33	10.56	7.42
Other Current Liabilities	26.85	26.82	45.82	99.47	88.66	93.62
Total Current Liabilities	747.93	733.99	606.06	883.72	991.15	929.18
Long-Term Debt	110.61	108.21	163.1	152.8	98.5	100
Long-Term Leases	6.46	7.75	11.62	7.42	5.17	-
Long-Term Unearned Revenue	19.59	19.88	16.15	14.94	15.23	8.83
Long-Term Deferred Tax Liabilities	1.62	1.76	2.49	1.86	1.3	-
Total Liabilities	886.21	871.6	799.42	1,061	1,111	1,038
Common Stock	151.24	151.24	108.03	108.03	81.02	81.02
Additional Paid-In Capital	790.77	790.77	833.98	833.98	214.11	214.11
Retained Earnings	327.02	343.01	415.9	385.58	306.79	242.21
Comprehensive Income & Other	3.22	2.76	0.76	-	-	-
Total Common Equity	1,272	1,288	1,359	1,328	601.92	537.34
Minority Interest	37.13	36.21	33.5	45.67	47.2	33.12
Shareholders' Equity	1,309	1,324	1,392	1,373	649.12	570.46
Total Liabilities & Equity	2,196	2,196	2,192	2,434	1,760	1,608
Total Debt	332.01	325.71	329.71	427.72	412.77	391.77
Net Cash (Debt)	275.76	301.08	317.77	325.71	-328.98	-305.81
Net Cash Growth	-0.99%	-5.25%	-2.44%	-	-	-
Net Cash Per Share	1.72	1.99	2.10	2.72	-2.90	-2.68
Filing Date Shares Outstanding	145.39	128.03	151.24	151.24	113.43	113.43
Total Common Shares Outstanding	145.39	128.03	151.24	151.24	113.43	113.43
Working Capital	970.69	990.37	1,143	1,107	356.12	279.27
Book Value Per Share	8.75	10.06	8.98	8.78	5.31	4.74
Tangible Book Value	1,254	1,269	1,340	1,310	584.82	518.7
Tangible Book Value Per Share	8.62	9.91	8.86	8.66	5.16	4.57
Buildings	-	-	318.19	316.59	316.59	307.53
Machinery	-	-	217.08	214.5	181.77	172.35
Construction In Progress	-	-	3.63	7.77	2.64	-