SHE:001237 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
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
Cash & Equivalents	1,358	1,509	1,555	813.21	666.85
Short-Term Investments	-	-	31.08	160.57	10.08
Trading Asset Securities	47.18	25.03	-	60.16	-
Cash & Short-Term Investments	1,405	1,534	1,586	1,034	676.94
Cash Growth	107.51%	-3.24%	53.37%	52.74%	-
Accounts Receivable	529.3	591.83	458.35	464.05	203.93
Other Receivables	12.43	35.39	49.91	48.9	5.14
Receivables	541.73	627.22	508.27	512.95	209.06
Inventory	343.82	282.23	229.74	228.52	193.05
Prepaid Expenses	-	-	-	-	0.56
Other Current Assets	108.64	74.62	49	12.19	57.39
Total Current Assets	2,399	2,518	2,373	1,788	1,137
Property, Plant & Equipment	387.57	394.56	232.55	200.86	152.8
Long-Term Investments	-	-	-	31.05	-
Other Intangible Assets	199.18	203.87	155.45	161.24	166.27
Long-Term Deferred Tax Assets	22.13	22.78	23.93	18.81	16.25
Long-Term Deferred Charges	33.98	33.09	36.31	13.78	7.75
Other Long-Term Assets	19.82	10.52	5.16	3.01	72.27
Total Assets	3,062	3,183	2,826	2,216	1,552
Accounts Payable	1,433	1,614	1,648	1,426	1,007
Accrued Expenses	63.91	52.75	41.21	33.25	23.12
Current Portion of Leases	0.34	1.14	1.6	0.79	0.9
Current Income Taxes Payable	-	18.16	25.06	16.71	0.01
Current Unearned Revenue	27.4	34.68	36.25	28.54	45.44
Other Current Liabilities	2.99	2.57	7.59	6.65	5.62
Total Current Liabilities	1,528	1,724	1,760	1,511	1,082
Long-Term Leases	-	0.02	-	1.31	-
Long-Term Unearned Revenue	7.06	7.25	-	-	-
Long-Term Deferred Tax Liabilities	6.11	6.19	8.07	7.93	7.45
Other Long-Term Liabilities	35.12	35.12	48.93	45.92	46.14
Total Liabilities	1,576	1,772	1,817	1,567	1,135
Common Stock	111.26	111.26	111.26	111.26	111.26
Additional Paid-In Capital	248.72	247.07	240.57	234.06	227.55
Retained Earnings	1,132	1,049	657.63	304.41	78.03
Comprehensive Income & Other	-6.41	3.75	-0	-	-
Total Common Equity	1,485	1,411	1,009	649.73	416.84
Minority Interest	-0.1	0.03	-	-	-
Shareholders' Equity	1,485	1,411	1,009	649.73	416.84
Total Liabilities & Equity	3,062	3,183	2,826	2,216	1,552
Total Debt	0.34	1.16	1.6	2.1	0.9
Net Cash (Debt)	1,404	1,533	1,584	1,032	676.04
Net Cash Growth	107.74%	-3.22%	53.53%	52.63%	-
Net Cash Per Share	12.65	13.79	14.22	9.26	6.41
Filing Date Shares Outstanding	111.26	148.35	111.26	111.43	105.46
Total Common Shares Outstanding	111.26	111.26	111.26	111.43	105.46
Working Capital	870.88	794.74	613.05	276.14	55.11
Book Value Per Share	13.35	12.68	9.07	5.83	3.95
Tangible Book Value	1,286	1,207	854.01	488.49	250.58
Tangible Book Value Per Share	11.56	10.85	7.68	4.38	2.38
Buildings	-	242.49	208.44	173.37	131.73
Machinery	-	155.31	149.69	109.71	112.79
Construction In Progress	-	140.81	7.87	29.76	14.38