SHE:001207 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	382.77	284.02	740.78	822.35	540.5	666.92
Trading Asset Securities	562.83	611.79	-	-	11.09	0.1
Cash & Short-Term Investments	945.6	895.81	740.78	822.35	551.59	667.02
Cash Growth	37.58%	20.93%	-9.92%	49.09%	-17.31%	223.38%
Accounts Receivable	909.51	940.8	723.01	556.18	530.83	399.1
Other Receivables	2.66	0.79	4.39	5.48	1.63	2.88
Receivables	912.17	941.58	727.4	561.66	532.46	401.98
Inventory	147.78	134.3	150.3	120.8	157.05	173.5
Other Current Assets	59.73	52.11	51.95	37	34.44	24.26
Total Current Assets	2,065	2,024	1,670	1,542	1,276	1,267
Property, Plant & Equipment	918.26	915.96	908.55	608.52	521.95	493.47
Other Intangible Assets	168.09	169	177.23	147.72	120.38	99.66
Long-Term Deferred Tax Assets	5	4.64	7.8	6.99	13.18	6.65
Long-Term Deferred Charges	0.59	0.62	3.45	7.43	12.15	19.54
Other Long-Term Assets	19.77	107.83	2.41	41.17	2.03	16.51
Total Assets	3,279	3,222	2,770	2,354	1,945	1,903
Accounts Payable	612.76	637.02	685.16	506.28	525.4	537.06
Accrued Expenses	10.68	26.19	28.61	22.09	18.31	14.99
Short-Term Debt	136.56	153.61	108.56	24.31	-	-
Current Income Taxes Payable	27.72	16.25	10.9	5.94	1.56	7.67
Current Unearned Revenue	11.65	9.88	11.74	4.69	3.25	3.2
Other Current Liabilities	37.78	4.32	19.57	16.19	21.65	1.18
Total Current Liabilities	837.16	847.27	864.55	579.5	570.17	564.09
Long-Term Unearned Revenue	6.97	7.32	7.91	9.33	10.16	11.3
Long-Term Deferred Tax Liabilities	2.96	3.01	7.5	8.56	9.69	2.22
Total Liabilities	847.09	857.6	879.96	597.4	590.02	577.62
Common Stock	216.53	216.53	202.36	202.36	183.86	182
Additional Paid-In Capital	1,306	1,305	1,020	1,018	764.29	736.92
Retained Earnings	933.29	868.07	699.58	547.37	415.58	396.05
Treasury Stock	-35.5	-35.53	-42.83	-22.08	-19.88	-
Total Common Equity	2,421	2,354	1,879	1,746	1,344	1,315
Minority Interest	10.89	10.56	10.44	10.64	11.36	10.02
Shareholders' Equity	2,431	2,364	1,890	1,756	1,355	1,325
Total Liabilities & Equity	3,279	3,222	2,770	2,354	1,945	1,903
Total Debt	136.56	153.61	108.56	24.31	-	-
Net Cash (Debt)	809.04	742.19	632.22	798.04	551.59	667.02
Net Cash Growth	51.96%	17.39%	-20.78%	44.68%	-17.31%	754.53%
Net Cash Per Share	2.80	2.61	2.26	2.98	2.16	3.00
Filing Date Shares Outstanding	217.4	299.71	279.88	283.3	257.4	257.4
Total Common Shares Outstanding	217.4	299.71	279.88	283.3	257.4	254.8
Working Capital	1,228	1,177	805.89	962.31	705.37	702.67
Book Value Per Share	11.13	7.85	6.72	6.16	5.22	5.16
Tangible Book Value	2,253	2,185	1,702	1,598	1,223	1,215
Tangible Book Value Per Share	10.36	7.29	6.08	5.64	4.75	4.77
Buildings	-	446.23	423.67	270.17	256.41	238.55
Machinery	-	951.29	924.01	625.09	574.54	526.86
Construction In Progress	-	75.41	26.29	112.95	19.84	4.8

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