SHE:001225 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	369.84	487.94	568.63	1,131	491.41	403.48
Short-Term Investments	-	171.02	149.72	-	-	-
Trading Asset Securities	305.16	144.62	141.04	-	-	-
Cash & Short-Term Investments	675	803.57	859.39	1,131	491.41	403.48
Cash Growth	15.10%	-6.49%	-24.00%	130.12%	21.79%	77.66%
Accounts Receivable	47.9	46.51	45.19	57.22	48.56	51.58
Other Receivables	1.59	3.23	3.05	10.21	9.83	16.14
Receivables	49.49	49.73	48.24	67.43	58.39	67.72
Inventory	131.49	121.68	113.82	115.13	129.1	136.97
Prepaid Expenses	-	-	0.06	-	-	-
Other Current Assets	172.7	92.53	12.92	5.51	7.4	21.65
Total Current Assets	1,029	1,068	1,034	1,319	686.29	629.82
Property, Plant & Equipment	256.33	258.31	239.94	222.81	158.52	108.66
Other Intangible Assets	49.13	49.71	51.99	54.28	53.18	54.45
Long-Term Deferred Tax Assets	2.22	2.35	3.42	1.68	1.31	1.9
Long-Term Deferred Charges	1.34	1.61	2.36	1.56	1.93	0.66
Other Long-Term Assets	232.6	180.46	229.77	6.25	2.16	7.71
Total Assets	1,570	1,560	1,562	1,605	903.39	803.21
Accounts Payable	88.84	73.07	60.29	86.39	52.64	28.94
Accrued Expenses	0.55	9.57	9.8	8.66	19.4	24.94
Current Portion of Leases	-	0.96	0.93	0.4	-	-
Current Income Taxes Payable	4.57	2.96	6.53	9.95	29.88	25.07
Current Unearned Revenue	45.08	50.86	39.48	41.84	69.34	109.1
Other Current Liabilities	26.95	27.86	7.6	8.71	4.65	63.27
Total Current Liabilities	166.48	165.29	124.62	155.94	175.91	251.33
Long-Term Leases	-	-	0.96	0.91	1.25	-
Long-Term Unearned Revenue	8.44	8.7	10.06	-	-	-
Long-Term Deferred Tax Liabilities	0.35	0.13	-	0.91	0.29	0.05
Other Long-Term Liabilities	0.06	0.06	-	-	-	-
Total Liabilities	175.33	174.18	135.64	157.76	177.46	251.38
Common Stock	65.87	65.87	64.67	64.67	48.5	48.5
Additional Paid-In Capital	923.9	921.87	899.57	899.57	227.37	227.37
Retained Earnings	415.98	409.28	454.2	477.49	444.47	272
Treasury Stock	-20.63	-20.63	-	-	-	-
Comprehensive Income & Other	9.86	9.37	7.86	5.98	5.59	3.97
Shareholders' Equity	1,395	1,386	1,426	1,448	725.93	551.83
Total Liabilities & Equity	1,570	1,560	1,562	1,605	903.39	803.21
Total Debt	0.48	0.96	1.89	1.31	1.25	-
Net Cash (Debt)	674.52	802.61	857.5	1,130	490.15	403.48
Net Cash Growth	15.30%	-6.40%	-24.08%	130.44%	21.48%	77.66%
Net Cash Per Share	10.44	12.47	13.26	18.25	10.12	8.31
Filing Date Shares Outstanding	67.02	65.87	64.67	64.67	64.67	48.5
Total Common Shares Outstanding	67.02	65.87	64.67	64.67	48.5	48.5
Working Capital	862.21	902.23	909.81	1,163	510.37	378.49
Book Value Per Share	20.81	21.04	22.06	22.39	14.97	11.38
Tangible Book Value	1,346	1,336	1,374	1,393	672.75	497.38
Tangible Book Value Per Share	20.08	20.28	21.25	21.55	13.87	10.26
Buildings	-	162.83	162.59	150.86	81.76	81.76
Machinery	-	170.62	160.26	97.27	91.47	101.13
Construction In Progress	-	53.72	27.54	71.68	72.47	16.86