SHE:001232 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	Dec '21 Dec 31, 2021
Cash & Equivalents	690.89	384.53	664.03	599.33	744.22	566.71
Short-Term Investments	62.27	62.17	141.1	532.91	166.61	-
Trading Asset Securities	3,646	3,871	2,957	2,007	1,084	945.11
Cash & Short-Term Investments	4,399	4,318	3,762	3,139	1,994	1,512
Cash Growth	-	14.76%	19.86%	57.39%	31.92%	12.11%
Accounts Receivable	806.65	698.02	317.78	236.81	283.06	312.29
Other Receivables	73.97	40.62	74.45	66.77	72.9	25.24
Receivables	880.63	738.64	392.23	303.58	355.95	337.53
Inventory	1,230	810.53	525.27	464.15	600.26	512.63
Other Current Assets	319.12	312.44	223.07	147.08	185.43	314.74
Total Current Assets	6,829	6,179	4,903	4,054	3,136	2,677
Property, Plant & Equipment	3,834	3,735	2,904	2,280	1,867	1,704
Long-Term Investments	102.69	102.69	89.89	172	570.62	522.43
Goodwill	16.42	16.57	17.13	17.86	18.46	19.06
Other Intangible Assets	486.26	478.37	165.19	174.43	101.41	105.17
Long-Term Deferred Tax Assets	80.65	77.26	70.57	105.17	79.3	79.08
Long-Term Deferred Charges	100.24	83.33	34.86	21.31	16.92	10.15
Other Long-Term Assets	323.71	221.34	365.52	261.55	255.44	189.06
Total Assets	11,773	10,894	8,550	7,086	6,045	5,306

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	Dec '21 Dec 31, 2021
Accounts Payable	2,339	2,200	1,534	1,263	1,128	900.36
Accrued Expenses	292.23	204.55	147.39	106.63	83.59	170.5
Short-Term Debt	-	-	-	10.01	27.51	160.58
Current Portion of Leases	18.49	-	-	-	-	13.53
Current Income Taxes Payable	85.03	135.13	99.34	76.43	71.81	39.47
Current Unearned Revenue	847.26	512.33	335.63	242.29	214.35	120.02
Other Current Liabilities	108.46	199.05	197.81	154.48	142.08	566.71
Total Current Liabilities	3,776	3,251	2,314	1,853	1,668	1,971
Long-Term Leases	25.72	28.79	22.3	34.35	39.15	43.45
Long-Term Deferred Tax Liabilities	84.71	87.48	75.46	112.23	84.7	61.67
Other Long-Term Liabilities	317.68	315.15	311.62	333.17	331.84	442.93
Total Liabilities	4,205	3,682	2,723	2,333	2,123	2,519

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	Dec '21 Dec 31, 2021
Common Stock	500	500	500	500	500	330
Additional Paid-In Capital	2,835	2,908	2,834	2,760	2,685	1,143
Retained Earnings	4,192	3,763	2,462	1,463	724.99	1,307
Comprehensive Income & Other	41.65	40.83	30.46	30.16	12.11	7.08
Total Common Equity	7,569	7,212	5,827	4,753	3,922	2,787
Shareholders' Equity	7,569	7,212	5,827	4,753	3,922	2,787
Total Liabilities & Equity	11,773	10,894	8,550	7,086	6,045	5,306

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	Dec '21 Dec 31, 2021
Total Debt	130.15	28.79	22.3	44.36	66.65	217.56
Net Cash (Debt)	4,269	4,289	3,740	3,095	1,928	1,294
Net Cash Growth	-	14.67%	20.86%	60.53%	48.95%	5.58%
Net Cash Per Share	8.51	8.57	7.49	6.20	3.91	2.65
Filing Date Shares Outstanding	500	500	500	498.96	500	488.44
Total Common Shares Outstanding	500	500	500	498.96	500	488.44
Working Capital	3,053	2,929	2,589	2,201	1,468	705.54
Book Value Per Share	15.14	14.42	11.65	9.53	7.84	5.71
Tangible Book Value	7,066	6,717	5,644	4,561	3,802	2,663
Tangible Book Value Per Share	14.13	13.43	11.29	9.14	7.60	5.45
Buildings	1,210	1,210	962.78	645.3	637.37	609.67
Machinery	3,391	3,169	2,403	1,959	1,478	1,084
Construction In Progress	400	435.7	347.51	213.58	111.22	254.83