SHE:001222 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	440.19	440.39	420.44	722.68	694.13	252.97
Short-Term Investments	-	-	112.65	-	-	-
Trading Asset Securities	-	-	-	-	32.25	19.24
Cash & Short-Term Investments	440.19	440.39	533.09	722.68	726.38	272.21
Cash Growth	2.28%	-17.39%	-26.24%	-0.51%	166.85%	11.40%
Accounts Receivable	288.1	308.75	266.41	170.8	128.05	160.78
Other Receivables	3.85	3.52	7.6	4.39	4.24	5.73
Receivables	291.95	312.27	274.01	175.19	132.29	166.52
Inventory	298.74	310.81	292.27	180.01	169.78	200.84
Prepaid Expenses	-	-	0.05	1.22	-	0
Other Current Assets	132.8	155.04	61.61	25.46	20.68	22.03
Total Current Assets	1,164	1,219	1,161	1,105	1,049	661.6
Property, Plant & Equipment	467.06	463.02	438.53	370.43	298.42	209.63
Long-Term Investments	90.19	75.31	58.21	37.71	8.56	-
Other Intangible Assets	32.19	32.62	33.87	35.13	34.03	31.34
Long-Term Deferred Tax Assets	14.7	16.94	8.18	5.39	4.24	3.67
Long-Term Deferred Charges	0.72	0.72	0.7	0.56	0.75	1.37
Other Long-Term Assets	54.93	28.55	3.58	2.8	0.47	0.76
Total Assets	1,823	1,836	1,704	1,557	1,396	908.37
Accounts Payable	137.77	156.48	169.37	141.6	110.56	238.53
Accrued Expenses	20	29.68	24.71	20.81	17.29	17.85
Short-Term Debt	-	-	-	20.54	-	-
Current Portion of Long-Term Debt	2.79	2.75	-	-	-	-
Current Portion of Leases	-	-	3.45	1.68	1.23	0.5
Current Income Taxes Payable	7.97	17.65	10.69	5.35	7.24	5.39
Current Unearned Revenue	2.12	1.68	2.03	3.23	1.99	3.89
Other Current Liabilities	20.4	20.4	1.16	1.25	0.65	0.78
Total Current Liabilities	191.04	228.64	211.41	194.45	138.97	266.93
Long-Term Leases	0.46	-	2.65	1.55	-	0.26
Long-Term Unearned Revenue	1.66	1.92	1.7	1.73	1.77	1.81
Long-Term Deferred Tax Liabilities	3.14	2.75	2.7	4.59	0.27	0.02
Total Liabilities	196.31	233.31	218.46	202.31	141.01	269.01
Common Stock	190.89	190.89	190.89	190.89	136.35	102.25
Additional Paid-In Capital	502.3	501.48	498.64	498.64	553.18	178.57
Retained Earnings	750.88	728.18	640.56	513.95	442.36	283.81
Treasury Stock	-25.33	-25.33	-30	-	-	-
Comprehensive Income & Other	5.18	15.14	27.7	21.54	16.17	-10.21
Total Common Equity	1,424	1,410	1,328	1,225	1,148	554.42
Minority Interest	203.25	191.99	157.86	129.24	106.53	84.93
Shareholders' Equity	1,627	1,602	1,486	1,354	1,255	639.36
Total Liabilities & Equity	1,823	1,836	1,704	1,557	1,396	908.37
Total Debt	3.25	2.75	6.1	23.77	1.23	0.75
Net Cash (Debt)	436.94	437.64	526.98	698.92	725.15	271.45
Net Cash Growth	2.93%	-16.95%	-24.60%	-3.62%	167.13%	34.98%
Net Cash Per Share	2.32	2.32	2.79	3.66	4.31	1.90
Filing Date Shares Outstanding	188.4	188.36	188.38	190.89	190.89	143.15
Total Common Shares Outstanding	188.4	188.36	188.38	190.89	190.89	143.15
Working Capital	972.64	989.86	949.61	910.11	910.16	394.67
Book Value Per Share	7.56	7.49	7.05	6.42	6.01	3.87
Tangible Book Value	1,392	1,378	1,294	1,190	1,114	523.08
Tangible Book Value Per Share	7.39	7.31	6.87	6.23	5.84	3.65
Buildings	-	-	237.01	178.82	160.11	153.47
Machinery	-	-	102.75	85.3	81.32	70.85
Construction In Progress	-	-	151.71	142.03	86.34	0.23

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