SHE:301567 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	43.06	37.93	38.61	9.2	10.35	21.89
Short-Term Investments	-	-	30.09	-	-	-
Cash & Short-Term Investments	43.06	37.93	68.7	9.2	10.35	21.89
Cash Growth	6.63%	-44.78%	646.36%	-11.03%	-52.74%	83.50%
Accounts Receivable	151.63	157.02	155.26	175.19	107.17	89.97
Other Receivables	0.37	0.19	1.46	0.94	0.28	0.14
Receivables	152	157.21	156.72	176.13	107.46	90.11
Inventory	81.68	73.63	74.68	53.2	48.95	33.91
Other Current Assets	30.94	53.28	12	25.45	18.03	13.26
Total Current Assets	307.68	322.06	312.1	263.99	184.79	159.16
Property, Plant & Equipment	468.9	479.59	497.35	490.09	451.86	408.3
Other Intangible Assets	55.18	56.22	59.96	56.66	53.56	55.36
Long-Term Deferred Tax Assets	3.13	2.85	-	5.48	2.98	2.36
Long-Term Deferred Charges	2.48	2.94	3.11	6.08	8.8	12.13
Other Long-Term Assets	4.1	0.59	5.16	1.21	1.68	1.22
Total Assets	841.47	864.25	877.68	823.51	703.66	638.54
Accounts Payable	61.47	77.18	72.51	75.49	61.94	128.24
Accrued Expenses	11.45	11.74	21.49	22.62	14.22	21.34
Short-Term Debt	-	5	12.01	142.63	118.12	122.64
Current Portion of Long-Term Debt	-	-	-	19.52	30.33	-
Current Portion of Leases	-	-	-	-	0.18	-
Current Income Taxes Payable	5.72	8.74	1.9	5.79	0.32	5.91
Current Unearned Revenue	0.17	0.1	0.04	0.1	0.06	0.05
Other Current Liabilities	2.87	7.43	4.32	8.42	5.66	8.81
Total Current Liabilities	81.68	110.18	112.26	274.56	230.83	287
Long-Term Debt	-	-	-	117.15	110.26	54.22
Long-Term Unearned Revenue	32.74	31.51	19.76	23.36	11.11	8.73
Long-Term Deferred Tax Liabilities	-	-	2.58	8.51	9.62	7.31
Total Liabilities	114.42	141.69	134.6	423.58	361.82	357.26
Common Stock	72	72	72	54	54	54
Additional Paid-In Capital	449.74	449.74	449.74	142.32	142.32	142.32
Retained Earnings	204.92	200.82	221.34	203.6	145.52	84.95
Shareholders' Equity	727.05	722.56	743.08	399.93	341.84	281.28
Total Liabilities & Equity	841.47	864.25	877.68	823.51	703.66	638.54
Total Debt	-	5	12.01	279.3	258.89	176.87
Net Cash (Debt)	43.06	32.93	56.69	-270.09	-248.54	-154.97
Net Cash Growth	180.10%	-41.91%	-	-	-	-
Net Cash Per Share	0.64	0.48	0.80	-5.00	-4.60	-2.86
Filing Date Shares Outstanding	68.26	54.49	72	72	54	54
Total Common Shares Outstanding	68.26	54.49	72	54	54	54
Working Capital	226	211.88	199.84	-10.56	-46.05	-127.84
Book Value Per Share	10.64	13.26	10.32	7.41	6.33	5.21
Tangible Book Value	671.48	666.34	683.12	343.27	288.28	225.92
Tangible Book Value Per Share	9.84	12.23	9.49	6.36	5.34	4.18
Buildings	-	-	246.7	160.27	52.7	-
Machinery	-	-	456.04	403.14	379.59	-
Construction In Progress	-	-	17.49	94.71	148.54	-

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