SHE:301577 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 2020
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 '20 Dec 31, 2020
Cash & Equivalents	151.32	229.31	231.92	58.49	95.7	77.24
Trading Asset Securities	60.92	0.87	25.02	15	-	-
Cash & Short-Term Investments	212.23	230.19	256.94	73.49	95.7	77.24
Cash Growth	-19.51%	-10.41%	249.61%	-23.21%	23.90%	186.64%
Accounts Receivable	215.18	203.87	207.22	217.98	197.11	136.83
Other Receivables	36.27	12.11	9.15	8.16	13.17	7.11
Receivables	251.45	215.98	216.37	226.14	210.29	143.94
Inventory	169.87	143.77	114.69	100.57	142.91	75.94
Other Current Assets	8.07	6.09	2.86	11.63	4.62	12.28
Total Current Assets	641.62	596.03	590.87	411.84	453.52	309.41
Property, Plant & Equipment	429.94	435.31	353.35	292.61	219.65	42.1
Long-Term Investments	-	30.58	91.69	-	-	-
Other Intangible Assets	13.72	13.68	14.17	14.18	13.53	14.11
Long-Term Deferred Tax Assets	5.49	4.94	3.32	2.48	3.35	2.01
Long-Term Deferred Charges	46.97	48.57	7.46	8.47	8.7	0.14
Other Long-Term Assets	52.91	14.1	6.51	4.43	3.19	3.35
Total Assets	1,191	1,143	1,067	734.01	701.94	371.11
Accounts Payable	291.4	232.88	168.57	142.77	209.19	95.49
Accrued Expenses	10.21	13.32	10.62	13.34	13.6	10.29
Short-Term Debt	19.45	9.54	-	16.02	17.17	15.04
Current Portion of Long-Term Debt	23.86	18.89	18.95	8.76	4.55	-
Current Portion of Leases	-	4.78	4.41	3.95	4.21	-
Current Income Taxes Payable	2.13	-	-	-	-	2.94
Current Unearned Revenue	0.78	0.42	0.14	0.12	0.15	0.46
Other Current Liabilities	43.71	47.74	10.25	7.77	3.6	0.41
Total Current Liabilities	391.54	327.57	212.93	192.71	252.47	124.63
Long-Term Debt	36.21	40.97	59.82	87.58	48.41	-
Long-Term Leases	20.63	22.09	27.51	29.4	32.9	-
Long-Term Unearned Revenue	4.3	4.58	4.05	2.21	1.98	1.83
Total Liabilities	454.22	395.21	304.32	311.91	335.76	126.46
Common Stock	45.03	45.03	44.26	33.16	33.16	33.16
Additional Paid-In Capital	459.76	458.43	433.23	100.36	99.38	97.62
Retained Earnings	254.47	267.37	285.63	288.6	233.61	113.67
Treasury Stock	-23.57	-23.57	-	-	-	-
Comprehensive Income & Other	0.13	0.14	-0.06	-0.03	0.03	0.2
Total Common Equity	735.83	747.4	763.06	422.1	366.19	244.65
Minority Interest	0.6	0.61	-	-	-	-
Shareholders' Equity	736.43	748.01	763.06	422.1	366.19	244.65
Total Liabilities & Equity	1,191	1,143	1,067	734.01	701.94	371.11
Total Debt	100.15	96.27	110.69	145.71	107.24	15.04
Net Cash (Debt)	112.08	133.92	146.25	-72.21	-11.54	62.2
Net Cash Growth	-29.41%	-8.43%	-	-	-	798.49%
Net Cash Per Share	2.53	3.03	3.35	-2.18	-0.35	1.97
Filing Date Shares Outstanding	45.03	45.03	44.26	33.16	33.1	33.16
Total Common Shares Outstanding	45.03	45.03	44.26	33.16	33.1	33.16
Working Capital	250.08	268.46	377.93	219.13	201.05	184.78
Book Value Per Share	16.34	16.60	17.24	12.73	11.06	7.38
Tangible Book Value	722.11	733.72	748.88	407.92	352.66	230.54
Tangible Book Value Per Share	16.04	16.29	16.92	12.30	10.65	6.95
Buildings	-	263.24	2.19	-	-	-
Machinery	-	209.77	167.54	151.27	123.75	-
Construction In Progress	-	19.87	217.92	157.94	94.62	-

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