SHE:001234 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	96.94	163.62	213.58	206.75	64.9	75.05
Trading Asset Securities	267.4	221.41	260.2	265.87	498.31	20
Cash & Short-Term Investments	364.34	385.02	473.78	472.62	563.21	95.05
Cash Growth	-25.56%	-18.73%	0.25%	-16.09%	492.54%	32.72%
Accounts Receivable	241.49	232.04	204.52	177.72	123.63	182.42
Other Receivables	0.65	0.61	0.11	0.21	0.28	0.42
Receivables	242.14	232.65	204.63	177.94	123.91	182.84
Inventory	135.02	167.35	152.82	145.47	138.31	146.65
Other Current Assets	4.33	6.47	3.22	2.15	2.95	4.77
Total Current Assets	745.84	791.49	834.44	798.18	828.39	429.32
Property, Plant & Equipment	391.22	397.72	351.71	302.01	244	184.67
Other Intangible Assets	26.67	26.32	26.63	26.52	27.39	28.11
Long-Term Deferred Tax Assets	5.49	5.57	5.6	5.12	4.08	3.75
Other Long-Term Assets	1.04	0.91	0.63	1.31	2.65	0.31
Total Assets	1,170	1,222	1,219	1,133	1,106	646.16
Accounts Payable	64.91	106.61	96.74	103.94	88.21	98.51
Accrued Expenses	26.29	47.75	53.42	49.31	50.46	59.28
Short-Term Debt	106.9	114.3	131.03	72.52	75.54	-
Current Portion of Leases	-	0.32	0.3	0.07	0.04	0.57
Current Income Taxes Payable	6.32	-	1.76	1.2	-	1.78
Current Unearned Revenue	0.31	0.8	0.17	2.15	1.19	1.19
Other Current Liabilities	17.12	18.43	29.62	4.19	3.08	3.56
Total Current Liabilities	222.18	288.22	313.05	233.38	218.52	164.89
Long-Term Leases	0.21	0.21	0.33	0.07	-	0.04
Long-Term Unearned Revenue	3.63	3.72	4.14	4.42	4.04	4.37
Long-Term Deferred Tax Liabilities	-	-	-	-	0.51	-
Total Liabilities	226.02	292.15	317.52	237.86	223.08	169.3
Common Stock	109.41	109.41	109.43	106.67	106.67	80
Additional Paid-In Capital	568.77	568.2	563.8	531.52	531.52	175.15
Retained Earnings	279.92	266.11	251.06	257.08	245.23	221.71
Treasury Stock	-13.85	-13.85	-22.81	-	-	-
Shareholders' Equity	944.26	929.87	901.49	895.28	883.42	476.86
Total Liabilities & Equity	1,170	1,222	1,219	1,133	1,106	646.16
Total Debt	107.44	114.84	131.66	72.65	75.58	0.61
Net Cash (Debt)	256.9	270.19	342.12	399.97	487.63	94.44
Net Cash Growth	-31.07%	-21.02%	-14.46%	-17.98%	416.34%	135.05%
Net Cash Per Share	2.42	2.52	3.16	3.74	4.70	1.18
Filing Date Shares Outstanding	106.24	106.65	106.67	106.67	106.67	106.67
Total Common Shares Outstanding	106.24	106.65	106.67	106.67	106.67	80
Working Capital	523.67	503.28	521.4	564.8	609.87	264.43
Book Value Per Share	8.89	8.72	8.45	8.39	8.28	5.96
Tangible Book Value	917.58	903.56	874.86	868.75	856.03	448.75
Tangible Book Value Per Share	8.64	8.47	8.20	8.14	8.03	5.61
Buildings	-	262.2	259.31	250.78	132.72	132.72
Machinery	-	345.93	316.27	281.45	218.74	211.1
Construction In Progress	-	82.74	40.02	7.34	117.05	49.19

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