SHE:001216 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	Jan '22 Jan 1, 2022
Cash & Equivalents	604.54	674.08	434.9	511.28	521.45	391.44
Trading Asset Securities	150	150	450	350	240	250
Cash & Short-Term Investments	754.54	824.08	884.9	861.28	761.45	641.44
Cash Growth	-22.39%	-6.87%	2.74%	13.11%	18.71%	284.15%
Accounts Receivable	107.61	124.11	125.54	99.88	125.26	112.27
Other Receivables	6.81	9.48	33.73	37.3	38.38	26.21
Receivables	114.42	133.59	159.27	137.18	163.65	138.49
Inventory	155.33	163.57	184.84	154.18	146.67	177.06
Other Current Assets	46.26	21.56	16.64	9.45	16.01	20.48
Total Current Assets	1,071	1,143	1,246	1,162	1,088	977.46
Property, Plant & Equipment	968.74	853.49	635.8	591.86	565.62	470.27
Long-Term Investments	131.19	142.18	63.29	60.11	64.56	60.57
Other Intangible Assets	109.76	103.81	105.87	108.04	111.71	114.84
Long-Term Deferred Tax Assets	2.63	2.64	3.57	0.28	5.22	2.05
Long-Term Deferred Charges	0.37	0.41	0.25	0.18	1.04	1.37
Other Long-Term Assets	32.69	12.53	49.28	52.37	36.76	23.39
Total Assets	2,316	2,258	2,104	1,975	1,873	1,650
Accounts Payable	218.37	169.29	140.5	161.85	173.74	101.32
Accrued Expenses	56.92	104.98	98.18	89.68	104.09	88.13
Current Portion of Leases	1.77	1.63	6.36	5.35	6.82	4.49
Current Income Taxes Payable	31.65	17.93	13.57	14.44	3.89	3.92
Current Unearned Revenue	19.44	13.76	12.56	14.1	12.38	15.86
Other Current Liabilities	4.77	12.87	6.79	8.43	9.28	13.13
Total Current Liabilities	332.92	320.48	277.96	293.86	310.2	226.85
Long-Term Leases	4.52	4.28	4.84	7.78	13.12	7.38
Long-Term Unearned Revenue	47.04	48.44	54.1	57.65	55.3	51.91
Long-Term Deferred Tax Liabilities	10.27	10.24	13.72	16.03	20.9	10.68
Other Long-Term Liabilities	29.95	29.95	18.77	2.17	2.13	2.13
Total Liabilities	424.7	413.39	369.38	377.49	401.66	298.95
Common Stock	251.87	251.87	251.87	251.87	251.87	251.87
Additional Paid-In Capital	556.52	556.52	556.52	556.52	556.52	556.52
Retained Earnings	1,088	1,037	917.22	777.69	651.07	533.09
Comprehensive Income & Other	-11.5	-7.79	-0.01	-	-	-
Total Common Equity	1,885	1,838	1,726	1,586	1,459	1,341
Minority Interest	6.53	6.93	8.72	11.37	11.57	9.52
Shareholders' Equity	1,891	1,844	1,734	1,597	1,471	1,351
Total Liabilities & Equity	2,316	2,258	2,104	1,975	1,873	1,650
Total Debt	6.29	5.91	11.19	13.13	19.94	11.87
Net Cash (Debt)	748.25	818.17	873.7	848.15	741.51	629.57
Net Cash Growth	-14.25%	-6.36%	3.01%	14.38%	17.78%	277.04%
Net Cash Per Share	2.99	3.27	3.45	3.35	2.95	3.17
Filing Date Shares Outstanding	251.87	251.87	251.87	251.87	251.87	251.87
Total Common Shares Outstanding	251.87	251.87	251.87	251.87	251.87	251.87
Working Capital	737.63	822.31	967.68	868.23	777.58	750.62
Book Value Per Share	7.48	7.30	6.85	6.30	5.79	5.33
Tangible Book Value	1,775	1,734	1,620	1,478	1,348	1,227
Tangible Book Value Per Share	7.05	6.88	6.43	5.87	5.35	4.87
Buildings	-	689.36	537.5	484.15	488.87	364.48
Machinery	-	391.6	380.49	339.2	316.39	258.87
Construction In Progress	-	80.23	58.35	64.98	16.79	79.63